Plumbing Fixtures Market worth $160.21 billion by 2030, growing at a CAGR of 5.03% - Exclusive Report by 360iResearch

The "Plumbing Fixtures Market by Product (Bathtub & Shower, Drains, Faucets & Taps), Material (Acrylics, Cast Iron, Fiberglass), End-Use, Application, Distribution Channel - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Plumbing Fixtures Market to grow from USD 113.56 billion in 2023 to USD 160.21 billion by 2030, at a CAGR of 5.03%.

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Plumbing fixtures are a fundamental component of any residential, commercial, or industrial plumbing system. They represent the end-points or sites of interaction with the plumbing system for users. These fixtures are devices that connect to a plumbing system and interact directly with the water or waste network within a building or establishment. Key characteristics of plumbing fixtures include their ability to deliver clean water and the collection and drainage of wastewater. Plumbing fixtures are designed for various functions and can consist of sinks, toilets, bathtubs, showers, and bidets in residential settings. In commercial environments, fixtures may include drinking fountains, urinals, and commercial-grade sinks. Increases in housing and commercial construction activities directly impact fixture demand, and innovations in water conservation and automated fixtures drive market expansion. However, advanced fixtures with higher upfront costs may deter potential buyers and market growth. Nevertheless, ongoing research into new, durable, and recyclable materials for fixture manufacturing and emphasis on touchless and antimicrobial fixtures in the wake of health consciousness is expected to create potential opportunities for market growth.

In the Americas, with a focus on the United States and Canada, consumers demand innovative and sustainable plumbing solutions driven by environmental awareness and energy savings. This is reflected in the adoption of water-efficient fixtures and the integration of smart home technology. Increased residential construction and renovation investments due to changing lifestyle preferences also influence market dynamics. EU countries are strongly inclined towards eco-friendly and premium aesthetic plumbing fixtures, driven by stringent EU regulations and a high standard of living. The European Union's rules and directives, including the Ecodesign Directive, push for greener products and innovation. Additionally, the renovation of old infrastructure and historic buildings is creating opportunities for integrating modern fixtures that maintain the aesthetic integrity of these structures yet offer contemporary functionality. Meanwhile, the Middle East and Africa market is growing due to the rising urban population, hospitality sector development, and infrastructure investments. However, customer purchasing behaviors vary, with the Middle East showing a preference for luxury fittings, while African markets are price-sensitive and inclined towards essential and durable products. The Asia-Pacific region presents a growing market for plumbing fixtures owing to rapid urbanization, increasing disposable incomes, and government initiatives toward sanitation and infrastructure development.

Market Segmentation & Coverage:

This research report categorizes the Plumbing Fixtures Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Bathtub & Shower, Drains, Faucets & Taps, Sinks, and Toilets. The Drains commanded largest market share of 22.11% in 2023, followed by Bathtub & Shower.

Based on Material, market is studied across Acrylics, Cast Iron, Fiberglass, Metal, Plastic, Polymers, and Vitreous China. The Plastic commanded largest market share of 18.14% in 2023, followed by Vitreous China.

Based on End-Use, market is studied across Non-Residential Buildings and Residential Buildings. The Non-Residential Buildings commanded largest market share of 67.99% in 2023, followed by Residential Buildings.

Based on Application, market is studied across New Buildings, Renovated Buildings, and Repair & Remodel. The Repair & Remodel commanded largest market share of 48.21% in 2023, followed by New Buildings.

Based on Distribution Channel, market is studied across Offline and Online. The Offline commanded largest market share of 95.01% in 2023, followed by Online.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.10% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Plumbing Fixtures Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Plumbing Fixtures Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Plumbing Fixtures Market, highlighting leading vendors and their innovative profiles. These include American Bath Group, LLC, Bemis Manufacturing Company, Cera Sanitaryware Ltd., Colston Bath & Spa India Pvt. Ltd., Delta Faucet Company, Duravit Aktiengesellschaft, Fima Carlo Frattini S.P.A., Fortune Brands Home & Security, Inc., Geberit AG, Gerber Plumbing Fixtures, LLC by Globe Union Industrial Corp., H & R Johnson (India), Hansgrohe SE, Hindware Home Innovation Limited, Huida Sanitary Ware Co.,Ltd., Jacuzzi Brands, LLC, Jaquar Group, Kohler Co., LIXIL Corporation, Masco Corporation, Pearl Precision Products Pvt. Ltd., Roca Sanitario, S.A., Spectrum Brands, Inc., T&S Brass and Bronze Works, Inc., Toto Ltd., Xiamen OLT Co., Ltd., and Zurn Industries, LLC by Zurn Elkay Water Solutions Corporation.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Plumbing Fixtures Market, by Product
7. Plumbing Fixtures Market, by Material
8. Plumbing Fixtures Market, by End-Use
9. Plumbing Fixtures Market, by Application
10. Plumbing Fixtures Market, by Distribution Channel
11. Americas Plumbing Fixtures Market
12. Asia-Pacific Plumbing Fixtures Market
13. Europe, Middle East & Africa Plumbing Fixtures Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Plumbing Fixtures Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Plumbing Fixtures Market?
3. What is the competitive strategic window for opportunities in the Plumbing Fixtures Market?
4. What are the technology trends and regulatory frameworks in the Plumbing Fixtures Market?
5. What is the market share of the leading vendors in the Plumbing Fixtures Market?
6. What modes and strategic moves are considered suitable for entering the Plumbing Fixtures Market?

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