The North America Kitchen Sinks Market would witness market growth of 3.5% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 3,722.6 thousand units, showcasing a growth of 1.7% (2019-2022).
A basin is another name for the kitchen sink. It is a plumbing appliance used in commercial or residential kitchens for dishwashing, hand washing, and other functions. During the anticipated period, the market is anticipated to grow due to the surge in demand for high-end kitchen fixtures, the rising popularity of modular kitchens, and the increase in consumer spending on home remodeling and home décor items. In the upcoming years, it is projected that rising consumer income, increased restaurant & other food service unit penetration will drive demand for kitchen sinks.
Kitchen sinks serve various purposes, but once equipped with the latest innovations and technology, they can be particularly beneficial in smart and modular kitchens. Sinks are available in various shapes, sizes, brands, and materials to meet the various desires and requirements of a wide spectrum of consumers. Due to a large demand, novel sinks have developed quickly in recent years. These sinks can be upgraded with sophisticated features like sprays, soap dispensers, and trash collection systems, which will increase consumer interest.
For instance, Moen recently introduced a motion sensor faucet for kitchen sinks that can be activated merely by waving a hand or using any utensil. This will save time as well as water by reducing the amount of on-and-off faucet switching. Various players are making many improvements and developments in the kitchen sink market. These advances demonstrate the growing use of Internet of Things (IoT) technology, which connects common things and helps them communicate and perform tasks, increasing user convenience and effectiveness.
For Mexican tourists, the United States is the prime destination to stay. 10.4 million Mexicans visited the United States in 2021, making up 47% of all foreign visitors to the nation. As a result, there would be an increase in the number of hotels, restaurants, and food trucks in the region with the rising tourism sector. As the construction activities and establishment of such buildings is growing in North American nations, the demand for products such as kitchen sinks is likely to increase in years to come.
The US market dominated the North America Kitchen Sinks Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $825.6 Million by 2030. The Canada market is experiencing a CAGR of 5.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.9% during (2023 - 2030).
Based on Number of Bowls, the market is segmented into Single Bowl, Double Bowl and Multi Bowl. Based on Material, the market is segmented into Metallic, Granite and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Kitchen Sinks Market is Projected to reach USD 4.4 Billion by 2030, at a CAGR of 3.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kohler Co., Frigidaire Appliance (AB Electrolux), American Bath Group, Acrysil Ltd. (Carysil Ltd.), The MiddleBy Corporation, Duravit AG, Dornbracht Deutschland GmbH & Co. KG, Ruvati USA, Roca Sanitario, SA (Roca Corporacion Empresarial, SA) and Zuhne.
By Number of Bowls (Volume, Thousand Units, USD Million, 2019-2030)
By Materia (Volume, Thousand Units, USD Million, 2019-2030)l
By Country (Volume, Thousand Units, USD Million, 2019-2030)
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