Plumbing Fixtures Market: Surge in Sales Motivated by Innovation Across Product Offerings Through 20
Posted: Aug 22, 2019
The global plumbing fixtures market size is expected to reach USD 121.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.8% over the forecast period. Increasing preference for washrooms and kitchens that are not only functional but also have an aesthetic appeal is expected to promote demand for plumbing fixtures. Furthermore, growing popularity of ceramic has propelled the working-class population to spend on beautifying one’s washrooms and kitchens.
In March 2019, American Standard, a leading provider of bathroom and kitchen fixtures, launched Genie hand showers for cities including Manila, Mumbai, Bangkok, and Jakarta. The hand shower features 120 micro spray holes that guarantees vigorous water flow even under low pressure. It has been designed to easily spot slime and mineral deposits and assist in frequent cleaning.
In February 2019, Moen Incorporated and Nebia jointly launched a new showerhead under the brand name, Nebia Spa Shower 2.0. The product is claimed to consume 65% less water in comparison to the conventional showerheads. Furthermore, the company utilizes a unique technology that atomizes water into millions of tint droplets, which enhance the surface area of water by ten folds. In comparison to its previous version, the product has been modified to offer warmer experience, better coverage, and improved water pressure.
Livin, a home appliance company, launched an affordable water saving digital shower in February 2018. The company has made endeavor to collaborate the new age technology with the classy design. The product is compatible with Google Home and Amazon Echo. The unique temperature control algorithm arranges the appropriate water temperature in the least possible amount of time. Livin also offers shower app, which helps the user in personalizing the temperature and time.
In January 2019, Kohler launched Numi 2.0 intelligent toilets with KOHLER Konnect. These advanced toilets offer personalized experience, wherein the users can fine-tune all the involved factors including light, music, seat temperature, along with hand free cleansing facilities with exceptional water efficiencies. Numi 2.0 delivers hands-free control, personalized cleansing functionality, and exceptional water efficiency. It is equipped and embedded with Amazon Alexa.
To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/plumbing-fixtures-market
Further key findings from the report suggest:
By product, toilets accounted for more than 20.0% share of the global revenue in 2018
Commercial deployment accounted for a plumbing fixtures market share of more than 50.0% in 2018
North America held a revenue share of more than 25.0% in 2018
Online distribution channel is expected to expand at a CAGR of 5.3% from 2019 to 2025.
Grand View Research has segmented the global plumbing fixtures market on the basis of product, deployment, location, application, distribution channel, and region:
Plumbing FixturesProduct Outlook (Revenue, USD Billion, 2015 - 2025)
Faucets & Taps
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting