Bathroom Faucet Market Scope
Bathroom Faucets are meant to regulate the flow of water from a pipe. Changing consumer life-style, and introduction of innovative and aesthetically appealing faucets mean that bathroom faucets are no more utilities but a luxury items which add value to the overall inner building construction. Rising disposable income has resulted in rapid rise in construction of smart building where visually appealing bathroom faucet are being demanded. Introduction of innovative design and low cost bathroom faucet are expected to create huge opportunity for manufacturers.
The market study is being classified by Type (Single Handle Faucets, Two Handle Faucets and Other), by Application (Household and Commercial) and major geographies with country level break-up.
Research Analyst at AMA predicts that American Vendors will contribute to the maximum growth of Global Bathroom Faucet market throughout the predicted period.
Moen (United States), Pfister (United States), Danze, Inc. (United States), Delta Faucet (United States), HamatUSA (United States), Kohler Co (United States), Kraus (United States), Rohl LLC (United States) and Grohe (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hansgrohe (Germany), Speakman Company (Germany), Whitehaus (United States), Water Creation Inc (United States), KES (China) and LCM (Taiwan).
AdvanceMarketAnalytics has segmented the market of Global Bathroom Faucet market by Type, Application and Region.
On the basis of geography, the market of Bathroom Faucet 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). North America region held largest market share in the year 2018.
- Rising Demand for Aesthetically Appealing Bathrooms
- Increasing Demand for Customized Bathroom Faucet
- Growing Modular Construction of Bathroom Faucet
- Growing Construction of Modernized Bathroom
- Increasing Construction of Luxury Homes and Renovating the Existing One
- Construction of Smart Cities and Smart Homes in Emerging Countries
- Introduction of Low Cost Innovative Design of Bathroom Faucet
- Launch of Technology Equipped Faucets
- High Cost of Premium Bathroom Faucet
- Growing Dominance of Local Manufacturers
- Increasing Raw Material Price and Manufacturing Cost
Key Target AudienceBathroom Faucet Manufacturers, Raw Materials Suppliers/Distributors, Market and Research Firms, Potential Investors, Government Agencies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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