ALBANY, N.Y., Oct. 1, 2020
- The global bathroom products market is projected to gather US$ 193 Bn in the form of revenues by 2030 end. The market is expected to grow at CAGR of ~8% during the forecast period of 2020 to 2030
- On regional front, Asia Pacific is fastest growing region in bathroom products market
ALBANY, N.Y., Oct. 1, 2020 /PRNewswire/ -- Bathroom products are essential part of day-to-day life. The list of these products includes bathroom basin, bathroom accessories, and bathroom furniture.Customers today can select from a wide range of options available. They include bathroom products manufactured using various materials such as acrylic, ceramics, metals, and stone. This aside, consumers can also opt for products manufactured using glass and coating material such as glazed steel or enameled.
Analysts at TMR highlight that the vendors working in the bathroom products market are switching to virtual meetings with their customers. This move is helping them gain knowledge about customer needs while following safety measures amid present COVID-19 situation. The market is experiencing upward curveof sales of utility-inspired bathroom fixtures, including replaceable bathroom components and nightlight toilet seats.
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Key Findings of Bathroom Products Market Report
Explore 237 pages of top-notch research, incisive insights, and detailed country-level projections on Bathroom Products Market (Type: Bathroom Basin, Bathroom Furniture, and Bathroom Accessories; Basin Material: Ceramics, Acrylic, Metals, Stone, and Others; Basin Shape: Rectangular, Round, Oval, Square, and Asymmetrical; Basin Installation: Countertop, Wall-mounted, Free-standing, Console, and Others; Application: Residential and Commercial; Price: Low, Medium, and High/Premium; and Distribution Channel: Online and Offline) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/bathroom-products-market.html
Bathroom Products Market: Key Driving Factors and Promising Avenues
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Bathroom Products Market: Competitive Assessment
The global bathroom products market experiences presence of many well-entrenched players. In addition to this, there is notable growth in entry of new companies in this market. This situation has resulted into high level of competition among vendors to gain prominent market position.
Several players in the global bathroom products market are investing heavily in research and development activities. This move is helping them develop technologically advanced products. Thus, increase in competition levels in the market for bathroom products is resulting into launch of innovative products.
Many industry leaders are concentrating on acquiring their regional competitors. With this tactic, they are maintaining their dominance as well as expanding their regional presence.
The list of important companies working in the bathroom products market includes Roca Sanitario, S.A., Kohler Co., LIXIL Group, TOTO Ltd., Huida Sanitary Ware Co., Ltd., Hamberger Sanitary GmbH, and Sloan Valve Company.
Analyze global bathroom products market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
The bathroom products marketis segmented as follows:
Explore Transparency Market Research's award-winning coverage of the Global Consumer Goods & Services Industry:
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