LAMEA Smart Shower Market Size, Share & Industry Trends Analysis Report By Application (Residential and Commercial), By Commercial Type (Hotels & Restaurants, Spas & Wellness, Gyms and Others), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Smart Shower Market would witness market growth of 15.1% CAGR during the forecast period (2022-2028).
The installation of smart bathrooms is a consequence of the rising number of smart houses being built as a result of rising affluent lifestyles. Customers are becoming more interested in restrooms that provide a spa-like feel and have sensors-operated soap dispensers, faucets, and toilets integrated right in.
Along with all of this, the idea of a smart shower is gaining popularity right now, particularly among those who have higher income levels. Smart home devices are largely chosen by tech-savvy consumers for their ease and efficiency.
Additionally, the aesthetics of these clever solutions are emphasized. The availability of new smart home gadgets that save time and energy will increase family consumption. Both new and experienced homeowners remodel their houses to improve their lifestyles and add personal touches, which encourages the installation of smart home accessories like smart showers.
The most popular travel destination nowadays is Dubai. The area is highly known for its buildings, such as the Burj Al Arab and Burj Khalifa, which draw visitors to the area. In addition, Dubai is known for its extravagant interiors decorated in marble and gold, as well as its futuristic home designs. There are several lavish hotels, expensive restaurants, fancy spas, and expensive cars in the area. The travel and tourism industry directly contributed AED 68.5 billion (USD 18.7 billion), or 5.2% of the UAE's GDP, to the country's GDP in 2016. From 2017 to 2027, it is anticipated to increase by 5.1% year, reaching AED 116.1 billion (USD 31.6 billion), or 5.4% of the country's GDP. These Factors Impact on market growth.
The Brazil market dominated the LAMEA Smart Shower Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $38.5 million by 2028.The Argentina market is experiencing a CAGR of 15.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 14.7% during (2022 - 2028).
Based on Application, the market is segmented into Residential and Commercial. Based on Commercial Type, the market is segmented into Hotels & Restaurants, Spas & Wellness, Gyms and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Smart Shower Market is Projected to reach USD 1.8 Billion by 2028, at a CAGR of 9.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aqualisa Products Limited (Fortune Brands Home & Security, Inc.), GetHai, Inc., Roca Sanitario, SA (Roca Corporacion Empresarial, SA), Toto Ltd., Lixil Corporation, Kohler Co., Jaquar Group, and Dornbracht Deutschland GmbH & Co. KG
Scope of the Study
Market Segments Covered in the Report:
- Hotels & Restaurants
- Spas & Wellness
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Aqualisa Products Limited (Fortune Brands Home & Security, Inc.)
- GetHai, Inc.
- Roca Sanitario, SA (Roca Corporacion Empresarial, SA)
- Toto Ltd.
- Lixil Corporation
- Kohler Co.
- Jaquar Group
- Dornbracht Deutschland GmbH & Co. KG
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Global Smart Shower Market Report 2022-2028
North America Smart Shower Market Report 2022-2028
Europe Smart Shower Market Report 2022-2028