Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Plumbing Fixtures and Fittings Manufacturing Market Size is Expected to Grow from USD 88.62 Billion in 2023 to USD 133.9 Billion by 2033, Growing at a CAGR of 4.21% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Plumbing Fixtures and Fittings Manufacturing Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Bathroom Fixtures & Fittings, Kitchen & Sink Fixtures & Fittings, Lavatory Fixtures & Fittings, Others), By Application (Residential Building and Commercial Building), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
The international market for plumbing fixtures and fittings manufacturing refers to the business that caters to delivering a plumbing fixture component which performs to exhaust the waste water and refilling with fresh-water. Such equipment is assembled in shower heads, drain stoppers, basins, and others. The growing income of consumers is easily accessed to fulfil their interest in house renovations. This house modification includes a requirement of new plumbing fixtures instead of older fixtures. Also, the increasing awareness about water conservation and eco-friendly products that encourage the consumers for sustainable solutions drives the market growth. Moreover, modernization and luxurious asethic appearance for home décor increasing demand ceramic products and premium furniture would increase the utilization of sanitary materials for household and commercial purposes. However, this industry is predicted to be hampered by the strict controls and regulations that are imposed on the quality of materials used in bathroom and kitchen fixtures, such as lead, tin, and nickel.
The lavatory fixtures & fitting segment accounted for the highest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the product type, the global plumbing fixtures and fittings manufacturing market is divided into bathroom fixtures & fittings, kitchen & sink fixtures & fittings, lavatory fixtures & fittings, and others. Among these, the lavatory fixtures & fittings segment accounted for the highest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. This is due to the region's continuous, extensive building, growing infrastructure development, and renovation initiatives. Further, due to rising concerns about environmental sustainability and water scarcity, water-efficient toilets are becoming more significantly utilized, which drives the segment growth.
The residential buildings segment accounted for the largest share of the global plumbing fixtures and fittings manufacturing market in 2023 and is predicted to grow at a substantial CAGR during the forecast period.
Based on the application, the global plumbing fixtures and fittings manufacturing market is divided into residential buildings and commercial buildings. Among these, the residential buildings segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. This is because of rising urbanization and residential building construction growth due to the population growth that makes the requirements of kitchen, bathroom, sink, lavatory, and household fixtures, which are essential in daily household uses. Additionally, the advanced technology-based plumbing fixture is effective for water saving; installing low-flow showerheads, air showers, and dual-flush toilets by using less water fixtures helps to be dominant in industry growth.
North America is anticipated to hold the largest share of the global plumbing fixtures and fittings manufacturing market over the predicted timeframe.
North America is anticipated to hold the largest share of the global plumbing fixtures and fittings manufacturing market over the predicted timeframe. This is because of the continuous development in the new residential sector with commercial and industrial construction projects, including houses, educational institutes, manufacturing units, offices, and other commercial buildings that demand plumbing fixture products. Also, the rising trend of luxurious lifestyles and environmental awareness demands water efficiency, showers, less erosion-based drainages, and other fixtures, Additionally, the market for plumbing fittings and fixtures is expanding due to rising disposable income and remodelling projects. This tendency is also influenced by the growing popularity of smart homes and evolving home design. Further, demands for aesthetically appealing washrooms and high technology-based kitchens, which increase their application base for the smart plumbing fixtures, offer opportunity in the plumbing fixture and fitting industry growth.
Asia Pacific is anticipated to grow at the fastest CAGR growth of the global plumbing fixtures and fittings manufacturing market over the forecast period. This is because of the substantial building activity in the commercial and residential sectors of this area. The region emphasis on better infrastructure and contemporary living standards helps the market grow. Customers' desire for long-lasting and reasonably priced plumbing solutions drives the market for cutting-edge goods that satisfy modern demands and raise living standards.
Company Profiling
Major vendors in the global plumbing fixtures and fittings manufacturing market are American Standard, Roca Bathroom Products, Delta, Grohe, Geberit, Moen, Elkay Manufacturing, LIXIL Corporation, Masco Corporation, HSIL, Jaquar Group, and Others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global plumbing fixtures and fittings manufacturing market based on the below-mentioned segments:
Global Plumbing Fixtures and Fittings Manufacturing Market, By Product Type
Global Plumbing Fixtures and Fittings Manufacturing Market, By Application
Global Plumbing Fixtures and Fittings Manufacturing Market, By Regional
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