According to a new report, published by KBV research, The Global Sanitary Ware Market size is expected to reach $81.4 billion by 2030, rising at a market growth of 7.1% CAGR during the forecast period.
The Toilet Sinks/Water Closets segment is generating highest revenue in the Global Sanitary Ware Market, by Type in 2022; thereby, achieving a market value of $27.1 billion by 2030. Sustainability and efficiency are prevailing trends in the toilet sinks and water closets. Toilets with reduced water usage and dual flushes are becoming more common. Wall-mounted toilets provide space-saving options and a contemporary look. Technologies for self-cleaning toilets save maintenance, while touchless and sensor-activated fixtures encourage hygiene. Models with clean, simple lines and configurable features are in demand from a design perspective.
The Pressed Metals segment is experiencing a CAGR of 7.9% during (2023 - 2030). In the market for sanitary ware, pressed metals like stainless steel and aluminum are gaining popularity due to several trends and growth factors. These materials are appealing to consumers for contemporary bathroom fixtures because of their strength, corrosion resistance, and sleek appearance. Pressed metals' capacity to be recycled is an advantage, considering the rise in the demand for environment-friendly and sustainable products for the market. There is an increase in the demand for durable, water-efficient sanitary ware.
Full Report: https://www.kbvresearch.com/sanitary-ware-market/
The Asia Pacific region dominated the Global Sanitary Ware Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $31.9 billion by 2030. The North America region is anticipated to grow at a CAGR of 6.7% during (2023 - 2030). Additionally, The Europe region would witness a CAGR of 6.1% during (2023 - 2030).
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