Global Chrome Mixer Taps Market Overview:
Taps are one of the kinds of the faucet that offer a strong opportunity for saving a major amount of water. The use of faucets, showerheads, and other sanitary fixtures in the bathrooms, kitchens and other places usually represent a significant percentage of water use. Chrome mixer taps are available in a much inclusive range of types and styles. Most modern chrome mixer taps come with such a technology that permits rotating the tap head to about 360 degrees. A chrome mixer tap is referred to as a valve that has been attached to the showers and taps. A mixer tap basically mixes the hot and cold water by ensuring a safe shower at an accurate water temperature that is needed by an individual. The chrome mixer taps are the mixer taps that have a chrome plating, these types of taps are long-lasting in comparison to the other taps. It is installed in accordance with the specific look one desires for. Due to the increase in hygienic ethics, long-lasting features, and smart technologies it is expected to play as a major factor in the expansion of the chrome mixer tap market. Also, the changing lifestyle is contributing to the growth of different bathroom accessories.
- Growing Number of Smart Homes and Changing Lifestyle of Consumers Globally
- Increasing Disposable Income Among People across the World
- Increasing Infrastructure Development and Urbanization
- Innovation in Design and Development of Lightweight Materials by Major Market Players
- High Cost Associated with the Luxurious Bathroom Accessories
- Increasing Demand for Smart Bathrooms
- Rising Consumerís Investment in Bathroom Premium and Luxury Accessories
- High Degree of Competition among Vendors
- Availability of Substitute Products
The global chrome mixer tap market is moderately fragmented owing to the presence of several players. With the rising competition, companies are focusing on leveraging new technologies and innovative design to offer advanced solutions.
Some of the key players profiled in the report are KOHLER (United States), Damixa (Denmark), Savil Srl (Italy), Jaquar (India), WTS Group (Zipponi) (Italy), Griferias Maier S.L (Spain), Hindware (India), Webert Industry Srl (Italy), CERA Sanitaryware Limited (India), FIR Italia S.p.A. (Italy), Paini S.p.A. Rubinetterie (Italy), Parryware (India) and Rubinetterie Mariani Srl (Italy). Additionally, following companies can also be profiled that are part of our coverage like Hansa Armaturen GmbH (Germany), KWC (United Kingdom), Rubinetterie 3M Srl (Italy) and Tres Griferia (Spain). Analyst at AdvanceMarketAnalytics see European Vendors to retain maximum share of Global Chrome Mixer Taps market by 2025. Considering Market by Distribution Channels, the sub-segment i.e. Online will boost the Chrome Mixer Taps market. Considering Market by End-User, the sub-segment i.e. Residential will boost the Chrome Mixer Taps market. Considering Market by Rotation Type, the sub-segment i.e. Fixed will boost the Chrome Mixer Taps market. Considering Market by Style, the sub-segment i.e. Contemporary will boost the Chrome Mixer Taps market. Considering Market by Mounting Type, the sub-segment i.e. Wall Mounted will boost the Chrome Mixer Taps market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Chrome Mixer Taps market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Chrome Mixer Taps market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Chrome Mixer Tap Manufacturers, Chrome Mixer Tap Distributors/Traders/Wholesalers, Chrome Mixer Tap Subcomponent Manufacturers, Industry Association, Downstream Vendors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.