Shower Glass Door Market Reseaech Report - Industry Insights by Type, by Sales Channel and by Geography - Forecast to 2023

The global shower glass door market has been thriving mainly due to increasing urbanization, that is creating demand for not-so necessary products, such as shower glass doors. Owing to this, the market for both types of shower glass doors – frameless and framed, has been growing.

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The global shower glass door market has been thriving mainly due to increasing urbanization, that is creating demand for not-so necessary products, such as shower glass doors. Owing to this, the market for both types of shower glass doors – frameless and framed, has been growing.

As per the findings of the research, frameless shower glass doors has contributed larger revenue to the global market. Frameless heavy shower glass doors are a contemporary design trend, since they give the bathroom spacious and luxury spa-like feeling that homeowners want. This trend has increased the demand for frameless shower glass doors globally.

Geographically, Asia-Pacific stands as the fastest growing shower glass door market. Increase in brand awareness and preference for high-end products are the key factors propelling the growth of shower glass door market in APAC. Moreover, APAC is likely to register the highest growth in terms of high-net-worth individuals (HNWIs), during the forecast period. An improving economy with rising disposable incomes among the population, directly results in increased spending on luxury items, including bathroom fittings and décor.

In addition, some of the factors including growing need for optimization of space in bathroom, coupled with burgeoning hotel construction to cater to the requirements of increased tourist inflow are expected to boost the demand of frameless shower glass doors in APAC.

Rising consumer interest in home decoration is a major driver for the increased demand of shower glass doors. Home decorating ventures have grown in terms of popularity in the recent years, due to increasing demand for fashionable and attractive interiors. In a study by Joint Centre for Housing Studies (JCHS) of Harvard University, it is predicted that over the coming years, real spending on home improvements is expected to grow at a 3.5% average annual pace.

According to an article by Forbes, due to the increasing popularity of accessible and affordable home supply stores, do-it-yourself (DIY) projects are becoming popular. DIY is a concept suggesting that people can learn to work on their homes and use their creativity to make their living spaces comfortable.

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The expansion of real estate industry is also driving the growth of shower glass door market. The real estate investors are observing huge prospects in real estate markets across the globe as this industry has numerous sources of funding, including traditional loans, private lenders, venture capitalists, angel investors, hard money lenders, Home Equity Loans and Line of Credit (HELOCS) and money partners.

The global shower glass door market is highly fragmented, where top five players accounted for less than 35% revenue. All the five major players – Kohler Co., American Standard Brands, Basco Corporation, Guardian Industries and MAAX Bath Inc. belong to North America.

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For instance, in October 2016, Guardian Glass, a subsidiary of Guardian Industries Corp., launched a new temperable lacquered glass ‘Guardian Deco HT’ for decorative applications. Guardian Deco HT is ideal for a wide variety of applications at home and workplace, ranging from back splash zones in kitchens and bathrooms, interior wall cladding, work surfaces, writing boards and displays, doors, as well as railings and balustrades.

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P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

This release was published on openPR.