Press release
Global Sanitary Ware Market Report 2025: Exploring Market Size, Key Drivers, And Emerging Trends
"Sanitary Ware market projects strong growth from 2024 to 2025
What Is The Projected Market Size Of The Global Sanitary Ware Market And Its Growth Rate?
The global sanitary ware market is expected to grow at a significant rate:
•$40.31 billion in 2024.
•$42.33 billion in 2025 (5.0% CAGR).
The growth is attributed to expansion in the real estate and construction industry, trade liberalization, international partnerships, and expansion of retail channels. Further growth projections suggest:
•$54.14 billion in 2029 (6.3% CAGR).
Key trends for the anticipated growth include growing importance of digital marketing and e-commerce, popularity of wellness-oriented bathroom products, and investment in research and development.
What Is Driving The Growth In The Sanitary Ware Global Market?
The growth in the sanitary ware market is attributed to the rapid expansion of the construction industry. The construction industry incorporates activities related to building, repairing, renovating, and maintaining infrastructure, where a significant requirement for sanitary ware arises. For instance, in July 2024, according to the US Census Bureau, the value of construction operations rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024, leading to increased demand for sanitary wares.
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Who Are the Key Players Driving Sanitary Ware Global Market Growth?
Strategic contribution by major players include:
•LIXIL Group Corporation
•Kohler Co
•TOTO
•American Standard
•Roca Corporación Empresarial
•Grohe
•Elkay
•Moen Incorporated
•Villeroy & Boch
•Jaquar & Company Private Limited
What Are The Key Trends In The Sanitary Ware Global Market?
The key trends shaping the market are:
•Smart and connected bathroom solutions
•Biodegradable and sustainable materials
•Wellness-oriented bathroom designs
•Personalized and customizable sanitary products
What Are The Segments Of The Global Sanitary Ware Market?
The Sanitary Ware market is segmented by:
•Type: Toilets, Washbasins, Urinals, Cisterns, Other Products
•Materials: Ceramic, Pressed metal, Acrylic plastics and Perspex, Other Materials
•Technologies: Slip Casting, Pressure Casting, Tape Casting, Isostatic Casting
•Sales Channels: Retail, Wholesale
•End-Users: Commercial, Residential
Which Region Leads The Sanitary Ware Global Market?
North America led the sanitary ware market share in 2024. Yet, Asia-Pacific is expected to be the fastest-growing region in the forecast period, covering areas including Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Sanitary Ware Global Market Report?
- Market Size Analysis: Analyze the Sanitary Ware Global Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sanitary Ware Global Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sanitary Ware Global Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sanitary Ware Global Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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