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Electric Bidet Market - Global Analysis and Industry Forecast, 2019 –2027 | Growth Market Reports
Posted: Feb 18, 2022
The global electric bidet market was valued at USD 943.8 Million in 2019 and is projected to reach USD 1,400.3 Million by 2027 expanding at a CAGR of 5.4% during the forecast period, 2020-2027. An electric bidet offers several functions such as seat temperature control, water pressure, temperature control, jet or nozzle control, and air dryers. These seats are electronic appliances, which are built to provide maximum comfort and cleanliness. Non-electronic bidets do not provide as much comfort as electronic bidets.
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Market Dynamics
The market is driven by factors such as rising awareness about sanitation and hygiene among people through social awareness campaigns and awareness programs, increase in commercial construction activities in emerging economies owing to the rise in the demand for good sanitation and heath hygiene products, Continuous innovation and technological advancement in hygiene products and rise in implementation of these technologically advanced products in the hygiene industry.
Based on types, the electric bidet market is categorized as tank, tankless, and hybrid. The tank segment accounts for a major share of the market; however, the tankless segment is anticipated to expand at high CAGR during the forecast period.
On the basis of applications, the electric bidet market is segmented into commercial and residential. The residential segment hold significant share of the market, and is projected to grow at a substantial pace in the coming years.
Regional Outlook
Based on regions, the Electric Bidet market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Globally, Asia Pacific accounted for a major share of the market, followed by North America. The market in Asia Pacific is projected to expand at high CAGR, followed by Middle East & Africa, during the forecast period.
Competitive Landscape
- Top players in the market include TOTO LTD., Panasonic Corporation, LIXIL Group Corporation, and AISIN SEIKI Co., Ltd. These companies are considered as key manufacturers of electric bidet based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system.
- The players are adopting key strategies such as product development, acquisition, collaborations, and geographical expansion where potential opportunity for the electric bidet market.
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