Global Modular Bathroom Pods Market Overview:
Modular Bathroom Pods is basically used to define a product which is factory made, the turn-key unit of a bathroom, which is fully fitted and plumbed, and then delivered to the construction site which is almost ready to use, the only after task to be performed on site is to connect the pods to the main shaft installation shafts. This kind of modular bathroom pod is usually tailor-made according to the client’s or architect’s specifications and design. That kind of design is basically known as 'prefabricated units' as most of the work has been done in a factory itself. Some of the key players profiled in the study are Bathsystem (Italy), Oldcastle SurePods (United States), Pivotek (United States), Interpod (Australia), Eurocomponents (Italy), B-Pod (Ireland), The Hill Group (United States), Walker Modular (United Kingdom), Offsite Solutions (United Kingdom) and Elements Europe (United Kingdom).
On the basis of geography, the market of Modular Bathroom Pods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Area Size, the sub-segment i.e. Compact size will boost the Modular Bathroom Pods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing disposable income in various region
- Time-saving construction process, hence adopted in various residential and commercials
- Demand for design standardization and fast-track construction
- Growing preferences of technologically advanced products
- Increasing prevalence of smart homes
- Quality problem associated with it as they are built-in an offsite factory
- Trusted traditional method of onsite construction as a substitute
- Highly adopted by major hotel brands in several developing regions
- Rapid advancements in the construction industry
- Increasing raw materials prices along with the post fitting maintenance charges
Major Market Developments:
Interpod has design flexible modular bathroom product, according to the company prefabricated modular building products are an inherently flexible option for the builders, architects, and property developers.
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high-end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, manufacturing equipment innovation, core technology improvement, and brand establishment.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Modular Bathroom Pods Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Modular Bathroom Pods market on the basis of product [Steel Framed, GRP Composite and Others] , application [Residential, Commercial and Others (Military accommodation, etc.)], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Modular Bathroom Pods market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Modular Bathroom Pods industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Sanika (Italien), Taplanes (United Kingdom) and Buildom (Australia).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Modular Bathroom Pods market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.