Smart Toilet Seat Market by End-user and Geography - Forecast and Analysis 2021-2025

“The Smart Toilet Seat Market study is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analyzing the growth of USD 700.95 million and CAGR of 3% by segment End-user and Geography during the forecast period 2019 to 2024” 

Furthermore, this report extensively covers the smart home appliances market segmentations by End-user (Residential and Commercial) and Geography (APAC, North America, Europe, South America, and MEA). The market report also offers information on several market vendors, including Brondell Inc., Coway Co. Ltd., Duravit AG, JOMOO Kitchen & Bath Co. Ltd., Kohler Co., LIXIL Group Corp., Panasonic Corp., Roca Sanitario SA, Toto Ltd., and Villeroy & Boch AG

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Parent Market Analysis

Technavio categorizes the Smart Toilet Seat Market as a part of the Consumer Discretionary industry within the Household Durables industry. Our Technavio 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 forecast year.

Smart Toilet Seat Market: Key Drivers, Trends, and Challenges

Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the smart toilet seat industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge. 

Key Smart Toilet Seat Market Driver

One of the key factors driving growth in the market is product launches. Owing to the growing demand for smart and efficient toilet products among consumers, vendors are focusing on developing new smart toilet seat products to increase the number of options available to their customers. Product launches help vendors increase their sales and market shares. Vendors are trying to attract several customers by introducing new smart toilet seat products. Some examples of recent new product launches have been mentioned below:

• In July 2020, Xiaomi Corp. launched the Jenner XS Fully Automatic Flip Integrated Smart Toilet, which features a patented smart lifting technology and supports intelligent soft-washing technology.
• In April 2020, Bio Bidet launched the Prodigy 770 smart toilet, which offers features such as a remote-controlled air dryer and spray settings, automatic open and close lid function, and warm seat and heated water.
• In January 2019, Kohler launched the Numi 2.0 intelligent toilet, which features a heated seat, personalized dryer and cleansing functions, and built-in speakers. With the rising number of product launches, consumers will have a wide range of options to select from. Therefore, new product launches will drive the growth of the global market during the forecast period. 

Key Smart Toilet Seat Market Challenge

The high price of smart toilet seats will be a major challenge for the market during the forecast period. The development of technology has ensured that vendors offer products with advanced features in smart toilet seats, such as voice control, sensors, temperature setting, water-saving technology, flushing systems, and others. As technology advances, consumers prefer to adopt the latest product available in the market, thereby leading to replacement costs. The major constraint for the global toilet seat market is that it is restricted to the higher-income group. For instance, regular toilet seat products range between USD 50 and USD 200, whereas smart toilet seats are usually expensive, as they are technologically advanced and equipped with sophisticated components and parts. The high initial prices, replacement costs, and installation costs can pose a challenge for consumers, which will eventually affect the demand for smart toilet seats. 

Smart Toilet Seat Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain, and parent market of the market which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

Who are the Major Smart Toilet Seat Market Vendors?

Brondell Inc. - The company offers smart toilet seat products such as SWASH 1400, SWASH 1000, SWASH 1200, SWASH DS725, and ECOSEAT S101.

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

 

• Brondell Inc.
• Coway Co. Ltd.
• Duravit AG
• JOMOO Kitchen & Bath Co. Ltd.
• Kohler Co.
• LIXIL Group Corp.
• Panasonic Corp.
• Roca Sanitario SA
• Toto Ltd.
• Villeroy & Boch AG

 

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

Which are the Key Regions for Smart Toilet Seat Market?

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75% of the market’s growth will originate from APAC during the forecast period. Japan and China are the key markets for smart toilet seats in APAC. Market growth in this region will be faster than the growth of the market in the European regions.

APAC had the largest market share in the global market in 2019 due to the growing adoption and manufacturing of smart toilet seats in Japan and China. Toto Ltd. (Toto), Panasonic Corp. (Panasonic), Coway Co. Ltd. (Coway), JOMOO Kitchen & Bath Co. Ltd. (JOMOO Kitchen & Bath), and LIXIL Group Corp. (LIXIL Group) are the leading manufacturer of smart toilet seats in APAC. Japan and China were the top contributors to the regional market in 2019. Japanese smart toilet seats have gained popularity due to intelligent design and the use of sophisticated and latest technology. 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.

What are the Revenue-generating End-user Segments in the Smart Toilet Seat Market?

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The market share growth by the residential segment will be significant during the forecast period. The residential segment is likely to generate a stable demand for smart toilet seats during the forecast period. This is attributed to growth in the construction of residential buildings across the world, which is boosting the residential segment. Residential infrastructural projects are increasing at a significant rate globally, owing to the growing population and the rising regulatory support from various government bodies for building projects. For instance, according to the World Bank Group data, the total population in the world increased from 7.42 billion in 2016 to 7.67 billion in 2019. As the population increases, there will be a rise in the demand for residential construction projects. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on the post-COVID-19 impact on each segment.

Smart Toilet Seat Market Scope
Report Coverage	Details
Page number	120
Base year	2019
Forecast period	2020-2024
Growth momentum & CAGR	Accelerate at a CAGR of 3%
Market growth 2020-2024	USD 700.95 million
Market structure	Fragmented
YoY growth (%)	1.37
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	APAC at 75%
Key consumer countries	Japan, China, US, Germany, and UK
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Brondell Inc., Coway Co. Ltd., Duravit AG, JOMOO Kitchen & Bath Co. Ltd., Kohler Co., LIXIL Group Corp., Panasonic Corp., Roca Sanitario SA, Toto Ltd., and Villeroy & Boch AG
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the 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.

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What are the Key Data Covered in this Smart Toilet Seat Market Report?

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive market growth during the next five years
• Precise estimation of the market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behaviour
• The growth of the smart toilet seat industry across APAC, North America, Europe, 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 market vendors

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