DUBLIN, September 12, 2017
DUBLIN, September 12, 2017 /PRNewswire/ --
The "Global Shower Enclosure and Cubicles Market 2017-2021" report has been added to Research and Markets' offering.
The global shower enclosure and cubicles market to grow at a CAGR of 5.14% during the period 2017-2021.
Global Shower Enclosure and Cubicles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers new sales and retrofit market.
One trend in the market is increased use of technology in shower cubicles and enclosures. The global shower cubicles and enclosures market is witnessing product development with advanced technological features, which provide the customers with ease of access and comfort. In the modern age, technology has become an indispensable part of human life owing to the increasing presence of laptops, smartphone devices, and others.
According to the report, one driver in the market is rise in building refurbishment activities. The demand for shower enclosures and cubicles is expected to be driven by the high level of consumer interest in bathroom renovation projects. Consumers who are willing to improve the appearance and value of their houses but unable to afford more costly projects prefer to renovate their existing bathrooms, driving the demand for shower enclosures and cubicles. The refurbishment market is driven by the growth in per capita disposable incomes and employment. Home prices are expected to continue rising during the forecast period, leading to the increase in the demand for refurbishment services as homeowners often leverage the value of their homes through mortgages to fund remodeling projects.
Further, the report states that one challenge in the market is sustainability concerns in construction industry. The construction industry is one among the top consumers of raw materials globally. For instance, the construction sector consumes an estimated 35%-50% of global steel production. The construction industry is the primary end-user of aggregates such as crushed stones, gravel, and sand. This high use of natural resources is not sustainable and could endanger the environment in the long run. Water management and climate change are the two major environmental issues that pose a growing challenge to the construction industry.
Key Topics Covered:
Scope of the report
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/9flphz/global_shower
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