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The bathroom accessories market size is valued to increase USD 8.31 billion, at a CAGR of 6.46% from 2023 to 2028. Growing awareness about sanitary and personal hygiene will drive the bathroom accessories market.
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The bathroom accessories industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The offline segment is estimated to witness significant growth during the forecast period.
The market encompasses a range of products, including plumbing fixtures, floor drains, shower filters, and various types of hardware. Notably, plumbing fixtures, such as bathtub drain stoppers and sink drain assemblies, have an average lifespan of ten years, necessitating periodic replacement. In terms of maintenance, floor drains require regular cleaning to prevent clogging and ensure proper water flow. Low-flow toilet features, a response to water conservation efforts, have gained popularity, accounting for 20% of total toilet sales. Curtain rod installation and shower filter effectiveness are other essential considerations for homeowners, with the latter reportedly improving water quality by up to 95%.
Shower pan waterproofing and grab bar installation cater to the needs of the aging population and those with mobility issues. Bathroom sealant types, such as silicone and acrylic, and LED bathroom lighting are other significant trends. Toilet flapper repair and toilet tank components are essential for maintaining toilet functionality. Light fixture wattage and faucet cartridge replacement are common DIY tasks, while water pressure regulators ensure consistent water flow. Vanity sink installation, shower door rollers, bathroom ventilation fans, towel bar mounting, cabinet hardware installation, and storage solutions are other key market segments. The market is expected to grow by 15% in the next year, with a further 18% expansion anticipated over the next five years.
These trends reflect the evolving nature of the market and its applications across various sectors.
The Offline segment was valued at USD 17.27 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 42% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The Asia Pacific (APAC) region is poised to lead the expansion of the market. The escalating real estate sector in APAC countries, including China, Japan, India, and the Philippines, fuels the demand for bathroom accessories. Improving living standards and population growth in these nations create a substantial workforce, leading to substantial real estate investments. Consequently, the market for bathroom accessories, which encompasses towel holders, taps, hooks, towel warmers, laundry baskets, and hangers, is anticipated to expand significantly.
This professional analysis underlines the market's potential in APAC, emphasizing the growing demand for bathroom accessories in the region.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market encompasses a wide range of products designed to enhance the functionality, aesthetics, and safety of residential and commercial bathrooms. This market caters to various needs, from installing pressure-balancing shower valves to prevent temperature fluctuations, to choosing the right bathroom exhaust fans with adequate CFM ratings to control moisture and prevent mold growth. Bathroom cabinet hardware, available in various materials and finishes, is another significant segment. Durability and compatibility with different surfaces are crucial factors when selecting suitable hardware. Comparatively, bathroom sink faucets come in diverse styles and technologies, including water-saving models that optimize water usage. Understanding low-flow toilet efficiency ratings is essential for consumers seeking to conserve water and reduce utility bills.
Moreover, improving water pressure in low-pressure shower systems and repairing leaky shower valve cartridges are common challenges addressed by the market. Water hardness can impact the longevity and functionality of plumbing fixtures, making the selection of appropriate bathroom sealant for various surfaces a critical consideration. Additionally, understanding the features of water-saving showerheads and selecting appropriate lighting for bathroom ambiance are essential aspects of bathroom design. Maintenance procedures for bathroom exhaust systems and methods for preventing bathroom drain clogs are essential for ensuring the longevity and functionality of these essential bathroom components. Installation techniques for bathroom mirrors and choosing appropriate bathroom tile adhesive are also essential considerations for homeowners and property managers.
Measuring water pressure in bathroom plumbing and repairing a running toilet flapper are common issues addressed by the market. Adoption rates of advanced technologies, such as pressure-balancing shower valves and water-saving showerheads, significantly outpace those of traditional fixtures, underscoring the market's growth potential.
The bathroom accessories market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the bathroom accessories market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Bathroom Accessories Industry
Companies are implementing various strategies, such as strategic alliances, bathroom accessories market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
American Specialties Inc. - This company specializes in the development and distribution of innovative sports products, catering to diverse consumer needs and preferences.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Bathroom Accessories Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
162 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.46% |
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Market growth 2024-2028 |
USD 8311.5 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.65 |
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Key countries |
US, China, Germany, Japan, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What is the expected growth of the Bathroom Accessories Market between 2024 and 2028?
USD 8.31 billion, at a CAGR of 6.46%
What segmentation does the market report cover?
The report is segmented by Distribution Channel (Offline and Online), Application (Residential and Commercial), Geography (APAC, Europe, North America, South America, and Middle East and Africa), Product Types (Towel Racks, Shower Curtains, Soap Dispensers, and Toilet Accessories), and Material Type (Stainless Steel, Ceramic, Plastic, and Wood)
Which regions are analyzed in the report?
APAC, Europe, North America, South America, and Middle East and Africa
What are the key growth drivers and market challenges?
Growing awareness about sanitary and personal hygiene, Long product replacement cycle
Who are the major players in the Bathroom Accessories Market?
American Specialties Inc., Bradley Corp., Duravit AG, Fortune Brands Innovations Inc., Fujian Xinchang Sanitary Ware Co. Ltd., Gerber Plumbing Fixtures LLC, Hansgrohe SE, Jacuzzi Brands LLC, Jaquar India, Kohler Co., LIXIL Corp., Masco Corp., Moen Inc., Norcros Plc, Novellini Spa, Oras Ltd., Roca Sanitario SA, Sloan Valve Co., Toto Ltd., and Villeroy and Boch AG
We can help! Our analysts can customize this bathroom accessories market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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