Global Luxury Plumbing Fixtures Market

   2021-04-17       4        Business
Rating :
Global Luxury Plumbing Fixtures Market was valued at US$ 19.80 Bn in 2017 and is expected to reach US$ 28.10 Bn by 2026, at a CAGR of 4.47% during a forecast period.

was valued at US$ 19.80 Bn in 2017 and is expected to reach US$ 28.10 Bn by 2026, at a CAGR of 4.47% during a forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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Increasing customers' focus on luxury housing and smart homes to enrich lifestyle is the key factor driving global luxury plumbing fixtures market growth. Increasing consumer expenditure on home renovations owing to an upsurge in affordability will expressively influence global luxury plumbing fixtures market expansion. Developments in plumbing technologies containing low-flow faucets & sensors and dual flush toilets are expected to boost the global luxury plumbing fixtures market demand. The increasing popularity of water-efficient products in both residential and commercial buildings will improve product demand.

The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.

A Primer of smart homes with compact spaces, that are incompatible with the installation of bathtubs will provision showers demand. Luxury plumbing fixtures offer superior design, style, and functionality with a smaller amount of space required is expected to share significant growth in this segment.

A residential application is expected to share significant growth in the market owing to the real estate expansion. The increasing population coupled with augmented construction and modernizing activities especially in the emergent economies will be expected to drive the global luxury plumbing fixtures market. Rapid urbanization and preference towards new designs and better technology in homes will drive the segment growth. Easy to install and the ability to occupy inadequate space owing to exhausting residential construction areas is expected to drive the luxury plumbing fixtures market size.

The Asia-Pacific region is projected to lead the market owing to its huge population and its confirmed identity as a major manufacturing hub that proposal production opportunities to key players. Luxury plumbing fixtures are widely used in residential and commercial buildings in the Asia-Pacific region, which is expected to contribute to major growth in the luxury plumbing fixtures market. An upsurge in urbanization and modification in lifestyle specifically in China, India, and Thailand is expected to increase the demand for a product.

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Global Luxury Plumbing Fixtures Market, by Type

• Bathroom fixtures
o Showerheads
o Toilet
o Bathtub
o Others
• Kitchen fixtures
o Sink
o Faucet
Global Luxury Plumbing Fixtures Market, by End-User

• Residential sector
• Non-residential sector
Global Luxury Plumbing Fixtures Market, by Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players, Global Luxury Plumbing Fixtures Market

• Culnat
• Natphil Inc.
• Water Matrix
• Bradley Corporation
• GROHE
• Little Giant
• Kohler
• Moen
• American Standard
• Sterling Faucet Company
• Aquabrass
• Dahl Brothers (Canada) Ltd
• Fiberez Bathware
• The Noble Co.
• Matco-Norca
• Delta
• Toto Ltd.
• Gerber
• Rada Mechanical Products Ltd
• Falcon Waterfree Technologies
• Cera sanitary ware Limited

This Report Is Submitted By : Maximize Market Research Company
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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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Manisha Kashid

About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healt..


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