0

Bathroom Accessories Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 121
  • SKU: IRTNTR40705
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The bathroom accessories market share is expected to increase by USD 4.83 bn from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.79%.

This bathroom accessories market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers bathroom accessories market segmentations by distribution channel (offline and online) and geography (APAC, Europe, North America, South America, and MEA). The bathroom accessories market report also offers information on several market vendors, including Bradley Corp., Duravit AG, Fortune Brands Home & Security Inc., HSIL Ltd., Kohler Co., LIXIL Group Corp., Masco Corp., Norcros Plc, Roca Sanitario SA, and Spectrum Brands Holdings Inc. among others.

What will the Bathroom Accessories Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Bathroom Accessories Market Size for the Forecast Period and Other Important Statistics

 

Bathroom Accessories Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing awareness about sanitary and personal hygiene is notably driving the bathroom accessories market growth, although factors such as long product replacement cycle may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bathroom accessories industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Bathroom Accessories Market Driver

The key market driver for bathroom accessories market is the growing awareness about sanitary and personal hygiene.The growing awareness about sanitary hygiene is one of the major drivers of the global bathroom accessories market. This is encouraging the use of best sanitary and personal hygiene practices, which include keeping bathrooms clean and hygienic. Hygienic bathrooms should include accessories such as washbasins, clean toilets, tissue holders, towel hangers, soap dispensers, towel rails, rings and hooks, toothbrush holders, shelves, trash cans, and paper towel machines. Therefore, the strong growth of the tissue and hygiene market will drive the demand for bathroom accessories during the forecast period.The demand for hygienic bathroom accessories such as antimicrobial toilet

Key Bathroom Accessories Market Trend

The key market trend for bathrrom accessories market is the increasing availability of towel warmers.The increasing availability of towel warmers is another trend in the global bathroom accessories market. Towel warmers help in keeping towels and bathrobes warm and dry after use and remove any mildew odor. Some models of towel warmers can warm the entire bathroom. Unlike bathroom heaters, towel warmers can help keep towels and the bathroom warm without consuming much space. This is encouraging major vendors to manufacture towel warmers, which is expected to influence the market positively during the forecast period. Some of the key vendors that offer a wide variety of towel warmers include:Kohler offers Stillness Towel Warmer, a stainless steel towel warming bar that is resistant to corrosion and tarnishing.Investindustrial offers towel warmers through its brand Jacuzzi Inc.

Key Bathroom Accessories Market Challenge

The key market cxhallenge for bathroom accessories market is the long product replacement cycle.The long replacement cycle of bathroom accessories is one of the major challenges faced by the market. Branded, high-quality bathroom accessories such as washbasins, toilets, shower units, towel rails, and rings and hooks do not require frequent replacements.However, Manufacturers that fail to comply with the specified standards are made to compensate for product disability. As a result, bathroom accessories are manufactured to be non-defective and sturdy. This enhances the lifespan of the product and increases the replacement cycle. The high initial costs and long product replacement cycles affect the year-over-year growth of the market in focus. Major manufacturers of bathroom accessories offer product warranties and guarantees, which further increase the product lifespan. This discourages the repeat purchase of bathroom accessories. Thus, the long replacement cycle of bathroom accessories affects their sales, which restricts the growth of the market.

This bathroom accessories market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes bathroom accessories market as a part of global housewares and specialties market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the bathroom accessories market during the forecast period.

Who are the Major Bathroom Accessories Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Bradley Corp.
  • Duravit AG
  • Fortune Brands Home & Security Inc.
  • HSIL Ltd.
  • Kohler Co.
  • LIXIL Group Corp.
  • Masco Corp.
  • Norcros Plc
  • Roca Sanitario SA
  • Spectrum Brands Holdings Inc.

 

This statistical study of the bathroom accessories market encompasses successful business strategies deployed by the key vendors. The bathroom accessories market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The bathroom accessories market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Bathroom Accessories Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the bathroom accessories market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global housewares and specialties market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Bathroom Accessories Market?

For more insights on the market share of various regions Request for a FREE sample now!

39% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for market in APAC. Market growth in this region will be faster than the growth of the market in regions. Increase in the availability of private-label brands will facilitate the market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

COVID-19 pandemic impact and recovery in MEA Iran and the UAE have been the worst-hit countries in the Middle East and witnessed a record number of deaths due to COVID-19 in 2020. Thus, governments have adopted measures, such as lockdowns, to contain the spread of the disease. The situation is expected to adversely impact the demand for luxury services, such as operations of hotels and resorts, in the affected countries till the first half of 2021. This is likely to increase the replacement cycles of bathroom accessories by commercial end-users in Middle Eastern countries. In African countries, such as South Africa, Nigeria, and other developing countries, the adoption of basic bathroom accessories such as towels and soap dispensers is expected to remain moderate among consumers.

What are the Revenue-generating Distribution Channel Segments in the Bathroom Accessories Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The demand for bathroom accessories, such as towel holders, taps, hooks, towel warmers, laundry baskets, and hangers, is largely from the growing real estate sector in the region.With the rapidly improving living standards in countries such as China, Japan, India, and the Philippines, the demand for bathroom accessories is expected to increase in the coming years.

Besides the above-mentioned factors, the post COVID-19 impact has brought forth a slowdown in or fast tracked the demand for the service or product. This report provides an accurate prediction of the contribution of all the segments to the growth of the bathroom accessories market size and actionable market insights on post COVID-19 impact on each segment.

 

Bathroom Accessories Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.79%

Market growth 2021-2025

$ 4.83 billion

Market structure

Fragmented

YoY growth (%)

3.95

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Bradley Corp., Duravit AG, Fortune Brands Home & Security Inc., HSIL Ltd., Kohler Co., LIXIL Group Corp., Masco Corp., Norcros Plc, Roca Sanitario SA, and Spectrum Brands Holdings Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Bathroom Accessories Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive bathroom accessories market growth during the next five years
  • Precise estimation of the bathroom accessories market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bathroom accessories industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bathroom accessories market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis for housewares and specialties market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Distribution channel

    • 5.1 Market segments
      • Exhibit 15: Distribution channel - Market share 2020-2025 (%)
    • 5.2 Comparison by Distribution channel
      • Exhibit 16: Comparison by Distribution channel
    • 5.3 Offline - Market size and forecast 2020-2025
      • Exhibit 17: Offline - Market size and forecast 2020-2025 ($ million)
      • Exhibit 18: Offline - Year-over-year growth 2020-2025 (%)
    • 5.4 Online - Market size and forecast 2020-2025
      • Exhibit 19: Online - Market size and forecast 2020-2025 ($ million)
      • Exhibit 20: Online - Year-over-year growth 2020-2025 (%)
    • 5.5 Market opportunity by Distribution channel
      • Exhibit 21: Market opportunity by Distribution channel

    6 Customer landscape

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 23: Market share by geography 2020-2025 (%)
    • 7.2 Geographic comparison
      • Exhibit 24: Geographic comparison
    • 7.3 APAC - Market size and forecast 2020-2025
      • Exhibit 25: APAC - Market size and forecast 2020-2025 ($ million)
      • Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
    • 7.4 Europe - Market size and forecast 2020-2025
      • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
      • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
    • 7.5 North America - Market size and forecast 2020-2025
      • Exhibit 29: North America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 30: North America - Year-over-year growth 2020-2025 (%)
    • 7.6 South America - Market size and forecast 2020-2025
      • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
    • 7.7 MEA - Market size and forecast 2020-2025
      • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
      • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
    • 7.8 Key leading countries
      • Exhibit 35: Key leading countries
    • 7.9 Market opportunity by geography
      • Exhibit 36: Market opportunity by geography

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • Exhibit 37: Impact of drivers and challenges
      • 8.3 Market trends

        9 Vendor Landscape

        • 9.1 Overview
          • 9.2 Vendor landscape
            • Exhibit 38: Vendor landscape
          • 9.3 Landscape disruption
            • Exhibit 39: Landscape disruption
            • Exhibit 40: Industry risks

          10 Vendor Analysis

          • 10.1 Vendors covered
            • Exhibit 41: Vendors covered
          • 10.2 Market positioning of vendors
            • Exhibit 42: Market positioning of vendors
          • 10.3 Bradley Corp.
            • Exhibit 43: Bradley Corp. - Overview
            • Exhibit 44: Bradley Corp. - Product and service
            • Exhibit 45: Bradley Corp. - Key offerings
          • 10.4 Duravit AG
            • Exhibit 46: Duravit AG - Overview
            • Exhibit 47: Duravit AG - Product and service
            • Exhibit 48: Duravit AG - Key offerings
          • 10.5 Fortune Brands Home & Security Inc.
            • 10.6 HSIL Ltd.
              • Exhibit 53: HSIL Ltd. - Overview
              • Exhibit 54: HSIL Ltd. - Business segments
              • Exhibit 55: HSIL Ltd. - Key offerings
              • Exhibit 56: HSIL Ltd. - Segment focus
            • 10.7 Kohler Co.
              • Exhibit 57: Kohler Co. - Overview
              • Exhibit 58: Kohler Co. - Product and service
              • Exhibit 59: Kohler Co. – Key news
              • Exhibit 60: Kohler Co. - Key offerings
            • 10.8 LIXIL Group Corp.
              • Exhibit 61: LIXIL Group Corp. - Overview
              • Exhibit 62: LIXIL Group Corp. - Business segments
              • Exhibit 63: LIXIL Group Corp. – Key news
              • Exhibit 64: LIXIL Group Corp. - Key offerings
              • Exhibit 65: LIXIL Group Corp. - Segment focus
            • 10.9 Masco Corp.
              • Exhibit 66: Masco Corp. - Overview
              • Exhibit 67: Masco Corp. - Business segments
              • Exhibit 68: Masco Corp. – Key news
              • Exhibit 69: Masco Corp. - Key offerings
              • Exhibit 70: Masco Corp. - Segment focus
            • 10.10 Norcros Plc
              • Exhibit 71: Norcros Plc - Overview
              • Exhibit 72: Norcros Plc - Product and service
              • Exhibit 73: Norcros Plc - Key offerings
            • 10.11 Roca Sanitario SA
              • Exhibit 74: Roca Sanitario SA - Overview
              • Exhibit 75: Roca Sanitario SA - Product and service
              • Exhibit 76: Roca Sanitario SA – Key news
              • Exhibit 77: Roca Sanitario SA - Key offerings
            • 10.12 Spectrum Brands Holdings Inc.
              • Exhibit 78: Spectrum Brands Holdings Inc. - Overview
              • Exhibit 79: Spectrum Brands Holdings Inc. - Business segments
              • Exhibit 80: Spectrum Brands Holdings Inc. – Key news
              • Exhibit 81: Spectrum Brands Holdings Inc. - Key offerings
              • Exhibit 82: Spectrum Brands Holdings Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Currency conversion rates for US$
                • Exhibit 83: Currency conversion rates for US$
              • 11.3 Research methodology
                • Exhibit 84: Research Methodology
                • Exhibit 85: Validation techniques employed for market sizing
                • Exhibit 86: Information sources
              • 11.4 List of abbreviations
                • Exhibit 87: List of abbreviations

              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.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your FREE sample now!
              The bathroom accessories market growth will increase by $4832.23 million during 2021-2025.
              The bathroom accessories market is expected to grow at a CAGR of 4.79% during 2021-2025.
              Technavio has segmented the bathroom accessories market by distribution channel (Offline and Online) and geographic (APAC, Europe, North America, South America, MEA, APAC, Europe, North America, South America, and MEA).
              Bradley Corp., Duravit AG, Fortune Brands Home & Security Inc., HSIL Ltd., Kohler Co., LIXIL Group Corp., Masco Corp., Norcros Plc, Roca Sanitario SA, Spectrum Brands Holdings Inc. are a few of the key vendors in the bathroom accessories market.
              APAC will register the highest growth rate of 39.43% among the other regions. Therefore, the bathroom accessories market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the bathroom accessories market growth are:
              • Growing awareness about sanitary and personal hygiene
              • Advent of smart bathrooms
              The bathroom accessories market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
              Safe and Secure SSL Encrypted
              Technavio

              Single User:

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Want to customize this report?

              This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

              We offer $1000 worth of FREE customization at the time of purchase
              Technavio
              Enquire Before Buying
              1. Home
              2. Consumer Discretionary
              3. Published Report
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>