Global Wash Basins Market Global Wash Basins Market, By Product (Wash Basins with Integrated Half Pedestal, Counter Wash Basins With or Without Utility Counter, Tabletop Wash Basins, Tabletop Wall Hung Wash Basins, Wall Hung Wash Basins), Type (Ceramic Type, Composite Type, Others), Application (Household, Commercial, Others) – Industry Trends and Forecast to 2030.
Wash Basins Market Analysis and Size
Increasing infrastructure development in the segments such as power, water, and transportation due to growing urbanization across the globe is the major reason for the market's growth. Demographic changes such as aging population influence the amount and type of spending on infrastructure. The aging population is increasing the number of healthcare facilities, boosting the demand for wash basins as hygiene in the healthcare sectors. This is an important consideration for urban development. To avoid wastage, customers choose the integrating wash basins with water closets (WCs). The integration is expected to drive the global wash basins market growth during the forecast period of 2023 to 2030.
Data Bridge Market Research analyses that the global wash basins market was valued at USD 1,480.96 million in 2022, and is expected to reach the value of USD 1,920.19 million by 2030, at a CAGR of 3.30% during the forecast period of 2023 to 2030. “Wash Basins with Integrated Half Pedestal” dominates the product segment of the global wash basins market due to the economic growth is growing the volume of building construction activities across the globe. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Wash Basins Market Scope and 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 Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Wash Basins with Integrated Half Pedestal, Counter Wash Basins With or Without Utility Counter, Tabletop Wash Basins, Tabletop Wall Hung Wash Basins, Wall Hung Wash Basins), Type (Ceramic Type, Composite Type , Others), Application (Household, Commercial, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, and Rest of Middle East and Africa
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Market Players Covered
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Kohler Co, (U.S.), TOTO LTD (Japan), Villeroy and Boch Group (France), Arrow Electronics Inc, (U.S.), Duravit AG (Germany), JOYOU AG (China), Huida Sanitary Ware Co.,Ltd (China), Guangdong HEGII Sanitary Wares Co., Ltd (China), Jaquar India (India), HSIL, Lixil Corporation (Japan), Roca Sanitario, S.A (Spain), Burgbad (Germany), Drummonds (U.S.), MAAX Spas (U.S.), VALDAMA (Italy), Scarabeo Srl Vat (Italy), American Standard (U.S.), Marmorin (Poland), MERIDIANA (Italy), NERO CERAMICA (China), Olympia Industries Ltd (India), Omvivo Pty Ltd (China), RexDesign (U.S.), Jiangsu micoe solar energy co.ltd (China)
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Market Opportunities
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Market Definition
A wash basin is also known as hand basin, sinker, sink, and washbowl. It is a bowl-shaped plumbing fixture which is used for dishwashing, washing hands and other purposes. A wash basin contains a spray feature for faster rinsing and water taps that supply cold and hot water. The drain is attached to the wash basin which helps in removing the water. Also, the drain itself come with a shut off device, strainer and overflow prevention device. The wash basins, which are particularly used in kitchen comes with the joined soap dispenser.
Global Wash Basins Market Dynamics
Drivers
- Increase in the number of Construction Activities
Economic growth is growing the volume of building construction activities across the globe. Rise in the construction of commercial and residential buildings is fuelling the demand for basins across the globe. The hospitality sector has been growing with rise in the construction of new hotels and resorts. New hotels and resorts try to improve the quality of their rooms by installing good-quality wash basins in bathrooms. All these factors are expected to drive the growth of wash basin worldwide.
- Rise in the Ageing Population
Increasing the number of aging population, rising the healthcare facilities which is rising the demand for wash basins as hygiene in the healthcare sectors. As people age, their mobility may decrease, and they may face difficulties in bending or reaching. This can limit their ability to use traditional wash basins that are not designed with accessibility features and eventually increase the demand for latest type of wash basins.
Opportunity
- Rise in the number of Government Initiatives for Spreading Consumer Awareness
Many initiatives taken by government which increase the demand of wash basin market globally to improve the access of proper sanitation. For instance, the government of India, launched the Swachh Bharat Abhiyan to promote the value of sanitation along with cleaning of roads and public infrastructure in rural and urban areas of the country. The government of India has devoted to building the toilets across India and as we know toilets require wash basins. Thus, the rise in the construction of toilets increases the demand of wash basins, which is expected to enhance market growth.
Restraint/Challenge
- Supply Chain Disruption
There are various constraints may hamper the global wash basins market's expansion. The poor expansion of the residential and commercial sectors over the projection period as a result of the COVID-19 pandemic is expected to stymie the growth of the global wash basins market. The negative impact of the COVID-19 epidemic on the supply chain, as well as the high cost of raw materials, will act as market restraints, challenging the market growth rate even further. The upward trend of global wash basins market growth will be hampered to some extent by fluctuations in housing demand.
Recent Development
- In April 2022, Duravit USA collaborated with Mega Western, a Southern California-based agency, to represent the brand in crucial territories in the western market
Global Wash Basins Market Scope
The global wash basins market is on the basis of products, type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Wash Basins with Integrated Half Pedestal
- Counter Wash Basins with or Without Utility Counter
- Tabletop Wash Basins
- Tabletop Wall Hung Wash Basins
- Wall Hung Wash Basins
Type
- Ceramic Type
- Composite Type
- Others
Application
- Household
- Commercial
- Others
Global Wash Basins Market Regional Analysis/Insights
The global wash basins market is analysed and market size insights and trends are provided by country, components and application as referenced above.
The countries covered in the global wash basins market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, and Rest of Middle East and Africa.
Asia-Pacific dominates the global wash basins market in terms of market share and focusing on urban development will continue to flourish its dominance during the forecast period of 2023 to 2030. This is due to the rising demand for wash basins in this region. The Asia-Pacific region dominates the wash basins market, with China leading the way in terms of production and consumption of wash basins. Due to the ease of producing wash basins, China leads the Asia-Pacific market.
North America is expected to be the fastest developing region in the global wash basins market during the forecasted period of 2023 to 2030, due to the increasing infrastructural development in the construction sector.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Wash Basins Market Share Analysis
The global wash basins market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global wash basins market.
Some of the major players operating in the global wash basins market are:
- Kohler Co, (U.S.)
- TOTO LTD (Japan)
- Villeroy and Boch Group (France)
- Arrow Electronics Inc, (U.S.)
- Duravit AG (Germany)
- JOYOU AG (China)
- Huida Sanitary Ware Co.Ltd (China)
- Guangdong HEGII Sanitary Wares Co., Ltd (China)
- Jaquar India (India)
- HSIL, Lixil Corporation (Japan)
- Roca Sanitario, S.A (Spain)
- Burgbad (Germany)
- Drummonds (U.S.)
- MAAX Spas (U.S.)
- VALDAMA (Italy)
- Scarabeo Srl Vat (Italy)
- American Standard (U.S.)
- Marmorin (Poland)
- MERIDIANA (Italy)
- NERO CERAMICA (China)
- Olympia Industries Ltd (India)
- Omvivo Pty Ltd (China)
- RexDesign (U.S.)
- Jiangsu micoe solar energy co.ltd (China)
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