Urbanization and infrastructure development are other key drivers which lead to rising investments in the construction sector. The process of urbanization leads to the development of new infrastructure and facilities, including public restrooms, office complexes, and public buildings. Consequently, the demand for sanitary ware and bathroom accessories rises in line with urban expansion. The global economy's growth and the expanding middle-class population also play a pivotal role in driving market growth. The middle class seeks more modern and aesthetically pleasing bathroom solutions with higher disposable income. Thus, the growing demand for housing due to the increasing urban population and the investment in the construction and infrastructure industry give rise to the demand for sanitary ware and bathroom accessories which is expected to drive market growth.
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Data Bridge Market Research analyzes that the Global Sanitary Ware & Bathroom Accessories Market is expected to reach USD 68,008,643.11 thousand by 2030 from USD 41,666,859.58 thousand in 2022, growing with a substantial CAGR of 6.5% in the forecast period of 2023 to 2030.
Key Findings of the Study
Surge in the Demand for Luxurious and Aesthetically Pleasing Products
In recent years, a remarkable transformation has occurred in the way people perceive and utilize their bathroom spaces. This evolution is driven by a combination of proactive production approaches, real estate sector growth, and the availability of economical, easily accessible products. People are now investing in small luxury bathrooms that reflect their evolving tastes and inclinations. This newfound focus on bathroom aesthetics has led to a surge in demand for bathroom accessories that are not only functional but also visually pleasing. This change in consumer preferences has triggered a major transformation in the sanitary ware and bathroom accessories market, leading to increased demand for products that cater to this evolving trend.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, and Volume in Thousand Units
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Segments Covered
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Type (Western Toilet, Wash Basin, Urinals, Faucets, Cistern, Showers, Bathroom Accessories, Bathtubs, Medicine Cabinets, Bidets, Vanities, Mirror, and Others), Function (Manual and Electric/Automated), Material (Ceramic, Metal, Acrylic Plastic and Perspex, and Others), End User (Residential, Commercial Building, Supermarkets/Hypermarkets, Shopping Malls, Corporate Offices, School/University, Hospitals, Banks, Hotel and Restaurants, Government Buildings, and Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Russia, Spain, Switzerland, Belgium, Netherlands, Turkey, Luxemburg, Rest of Europe, China, India, Japan, South Korea, Singapore, Australia & New Zealand, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Saudi Arabia, South Africa, Egypt, United Arab Emirates, Israel, Rest of Middle East And Africa, Brazil, Argentina and Rest of South America
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Market Players Covered
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LIXIL Corporation (Japan), Kohler Co. (U.S.), TOTO LTD. (Japan), Roca Sanitario, S.A.U. (Spain), Villeroy & Boch AG (Germany), Aqualisa (A subsidiary of Fortune Brands Innovations) (U.K.), CERA (India), Delta Faucet Company (U.S.), Franke Group (Switzerland), Gerber Plumbing Fixtures LLC (A subsidiary of Globe Union Industrial Corp.) (U.S.), GESSI SPA (Italy), Hansgrohe (Germany), Hindware Home Innovation Limited (India), Jacuzzi Inc. (U.S.), Jaquar India (India), Moen Incorporated (U.S.), Silverdale Bathrooms (U.K.), Sri Nilkanth Industries (India), TRITON (A subsidiary of Norcros plc) (U.K.) and among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis
The global sanitary ware & bathroom accessories market is segmented into four notable segments based on type, function, material, and end-user.
- On the basis of type, the market is segmented into western toilet, wash basin, urinals, faucets, cistern, showers, bathroom accessories, bathtubs, medicine cabinets, bidets, vanities, mirror, and others.
In 2023, the western toilet segment is expected to dominate the global sanitary ware & bathroom accessories market
In 2023, the western toilet segment is expected to dominate the market due to increase in hygiene and urbanization with a market share of 21.68%.
- On the basis of function, the market is segmented into manual and electric/automated.
In 2023, the manual segment is expected to dominate the global sanitary ware & bathroom accessories market
In 2023, the manual segment is expected to dominate the market due to their reliability and user-friendly operation with a market share of 72.65%.
- On the basis of material, the market is segmented into ceramic, metal, acrylic plastic and perspex, others. In 2023, the ceramic segment is expected to dominate the market with a market share of 62.32%.
- On the basis of end-user, the market is segmented into residential, commercial building, supermarkets/hypermarkets, shopping malls, corporate offices, school/university, hospitals, banks, hotel and restaurants, government buildings, and others. In 2023, the residential segment is expected to dominate the market with a market share of 25.48%.
Major Players
Data Bridge Market Research analyzes LIXIL Corporation (Japan), Kohler Co. (U.S.), TOTO LTD. (Japan), Roca Sanitario, S.A.U. (Spain), and Villeroy & Boch AG (Germany) as major companies operating in global sanitary ware & bathroom accessories market.
Market Developments
- In June 2023, TOTO LTD. launched the NEOREST WX, an ultimate wall-hung toilet model in the renowned NEOREST series, starting with Europe in the summer of 2023. The toilet combines a gentle, rounded shape and a sleek square form, seamlessly integrated for a beautiful, harmonious appearance that complements any interior. NEOREST WX exemplifies TOTO's commitment to clean, comfortable, and eco-friendly products, solidifying its presence as a restroom design and technology leader with high-quality craftsmanship and top-level hygienic technology.
- In April 2023, the innovation platform Plug and Play and Roca Group came to an agreement. As a result, Roca Group will be able to participate in the investment processes run by this platform and find new technological solutions that will enable the creation of new business models and products throughout the supply chain.
- In August 2022, British shower manufacturer Aqualisa was acquired by Fortune Brands Home & Security, Inc (NYSE: FBHS) from mid-market private equity firm LDC. Aqualisa will be part of the Fortune Brands Water Innovations business unit. The acquisition underscores Fortune Brands’ strategic focus on water management, connected products, and global sustainability.
- In May 2022, Kohler Co. unveiled its new 546,000-square-foot warehouse in Huntsville, Alabama designed to meet the rising demand for their high-volume STERLING Vikrell bath and shower fixtures. This strategically located facility, close to their manufacturing plant, caters to top single-family homebuilders, home improvement retailers, multi-family developers, plumbers, and remodelers across the U.S. The warehouse expansion addresses previous storage limitations, enhancing quick delivery capabilities and efficiency.
- In November 2022, LIXIL Corporation announced that it acquired Basco, a US-based manufacturer of shower doors. LIXIL can offer customers complete showering and bathroom solutions while also broadening its comprehensive kitchen and bath portfolio in America through strategic acquisition. In addition, this acquisition helped the business to expand its product offerings to European consumers and boost exports.
Regional Analysis
Geographically, the regions covered in the global sanitary ware & bathroom accessories market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Russia, Spain, Switzerland, Belgium, Netherlands, Turkey, Luxemburg, Rest of Europe, China, India, Japan, South Korea, Singapore, Australia & New Zealand, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Saudi Arabia, South Africa, Egypt, United Arab Emirates, Israel, Rest of Middle East And Africa, Brazil, Argentina and Rest of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is expected to dominate and be the fastest- growing region in the global sanitary ware & bathroom accessories market
Asia-Pacific is expected to dominate and be the fastest- growing region in the global sanitary ware & bathroom accessories market due to growing investment in the construction industry in the region and the rising demand for luxurious and aesthetically pleasing products in the region. In addition to this, various technological advancements in production technologies and production facility expansion in the region.
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