Overview and Scope
Sanitary ware refers to all the general sanitary installations found in bathrooms and toilets. Sanitary goods are resistant to chemicals and can sustain loads of up to 400 kg. These wares are heated to temperatures above 1200 degrees Celsius to obtain the required level of hygienic performance for usage in both residential and commercial settings.
Sizing and Forecast
The sanitary ware market size has grown strongly in recent years. It will grow from $38.76 billion in 2023 to $40.89 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to growth in the real estate and construction industry, trade liberalization and international partnerships, expansion of retail channels, tourism and hospitality industry growth, aging infrastructure replacement.
The sanitary ware market size is expected to see strong growth in the next few years. It will grow to $50.81 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to growing importance of digital marketing and e-commerce, increasing popularity of wellness-oriented bathroom products, investment in research and development, rising demand for premium and luxury sanitary products, influences of interior design trends. Major trends in the forecast period include smart and connected bathroom solutions, biodegradable and sustainable materials, wellness-oriented bathroom designs, personalized and customizable sanitary products.
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Segmentation & Regional Insights
The sanitary ware market covered in this report is segmented –
1) By Type: Toilets, Washbasins, Urinals, Cisterns, Other Products
2) By Materials: Ceramic, Pressed metal, Acrylic plastics and Perspex, Other Materials
3) By Technologies: Slip Casting, Pressure Casting, Tape Casting, Isostatic Casting
4) By Sales Channels: Retail, Wholesale
5) By End-Users: Commercial, Residential
North America was the largest region in the sanitary ware market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sanitary ware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growth of the construction industry is expected to propel the growth of the sanitary ware market going forward. The construction industry refers to the industrial branch of manufacturing and trade-related activities, including building, repairing, renovating, and maintaining infrastructure. The construction industry requires sanitary ware in larger quantities to be installed in all the bathrooms’ infrastructure; as a result, the rising construction activities increase the demand for sanitary ware. For instance, In June 2021, according to a report published by Canada’s national statistical agency, the investment in building construction increased from $14294 million in April 2019 to $19273 million in 2020. Furthermore, in the 2022 U.S. Construction Cost Trends report, there is a rise in residential construction, which will continue to drive up demand for materials and labor, escalating competition, and cost pressures. In the U.S., total construction spending has increased by 16% since the pandemic’s onset. Therefore, the growth of the construction industry drives the sanitary ware market.
Key Industry Players
Major companies operating in the sanitary ware market report are LIXIL Group Corporation, Kohler Co, TOTO, American Standard, Roca Corporación Empresarial, Grohe, Elkay, Moen Incorporated, Villeroy & Boch, Jaquar & Company Private Limited, Duravit AG, Delta Faucet, Pfister Faucets, Gessi S.p.A., Niagara Conservation, Cera Sanitaryware Ltd., Sloan Valve Company, Gala Group, Weiser Lock Corp, Artedona, SFA Saniflo, Cifial, The Jaquar Group, INAX Inamoto Corporation, L.D. Kichler Co, Inc., Acquaflore, DAB, Deltano, Della Toscana, Geber, Glacéau, Dome, Hansgrohe SE, Heritage Bathrooms, Hydro Systems, Ideal Standard, Orans Co, Shanghai Hengjie Sanitary Wares Co, Ltd., Antolina, Brondi, Hagerty Inc., Flomatic, Fiat Lucchini
The sanitary ware market report table of contents includes:
1. Executive Summary
2. Sanitary Ware Market Characteristics
3. Sanitary Ware Market Trends And Strategies
4. Sanitary Ware Market – Macro Economic Scenario
5. Global Sanitary Ware Market Size and Growth
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31. Sanitary Ware Market Other Major And Innovative Companies
32. Global Sanitary Ware Market Competitive Benchmarking
33. Global Sanitary Ware Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Sanitary Ware Market
35. Sanitary Ware Market Future Outlook and Potential Analysis
36.Appendix
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