There were 790 press releases posted in the last 24 hours and 210,036 in the last 365 days.
The global bathroom fittings market to reach US$ 74.2 Billion by 2027, exhibiting a growth rate (CAGR) of 7.1% during 2022-2027.
SHERIDAN, WYOMING, UNITED STATES, July 28, 2022 /EINPresswire.com/ -- According to IMARC Group’s latest report, titled “Bathroom Fittings Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global bathroom fittings market size reached US$ 49.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 74.2 Billion by 2027, exhibiting a growth rate (CAGR) of 7.1% during 2022-2027.
Report Metric Historical: 2016-2021 Base Year: 2021 Forecast Year: 2022-2027
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/bathroom-fittings-market
Bathroom fittings, also called sanitary fittings, are the plumbing accessories installed in bathrooms. They include washbasins, towel hangers, bathtubs, soap dispensers, faucets, taps, showerheads, towel paper machines, trash cans, etc. Bathroom accessories are typically made up of metal, glass, porcelain, acrylic plastics, Perspex, etc. They add functional and aesthetic value to bathrooms while emphasizing luxury, elegance, and style. As such, bathroom fittings are widely installed in residential, commercial, hospitality, and institutional establishments across the globe.
The shifting consumer inclination towards exquisite and high-end household accessories is primarily driving the bathroom fittings market. Moreover, the introduction of advanced and smart bathroom accessories that are operable via Internet-of-Things (IoT)-based devices is further catalyzing the market growth. In line with this, the emerging trend of automation in household components is propelling the demand for bathroom fittings with in-built sensors, such as sensor taps, smart showers, automatic soap dispensers, etc., which is acting as another significant growth-inducing factor. Additionally, the inflating integration of water- saving technology for reducing water wastage, the rising concerns towards water scarcity and decreasing groundwater levels, and the development of state-of- the-art water closets, water sinks, toilets, cisterns, etc., are also augmenting the global market. Furthermore, the expanding real estate and tourism industries are anticipated to fuel the bathroom fittings market over the forecast period.
Ask Analyst and Browse Full Report with TOC & List of Figure: http://bit.ly/2TySgYL
The report has segmented the market on the basis of product type, end-user, distribution channel, organized and unorganized and geography.
Breakup by Organized and Unorganized:
North America (U.S. & Canada) Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others) Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others) Latin America (Brazil, Mexico) Middle East & Africa
Key highlights of the report:
Market Performance (2016-2021) Market Outlook (2022- 2027) Porter’s Five Forces Analysis Market Drivers and Success Factors SWOT Analysis Value Chain Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson IMARC Services Private Limited +1 631-791-1145 email us here
EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone's Internet News Presswire™, tries to define some of the boundaries that are reasonable in today's world. Please see our Editorial Guidelines for more information.
© 1995-2022 Newsmatics Inc. dba EIN Presswire All Right Reserved.