The report presenting a comprehensive exploration of the global Luxury Plumbing Fixtures encloses the rate of growth of the market over the projected duration. Providing a concise synopsis, the report determines the valuation and size of the Luxury Plumbing Fixtures in the near future. It also includes the major contributing factors to the growth of the global Luxury Plumbing Fixtures as well as the dominating players in the market coupled with their market share.
Luxury Plumbing Fixtures Market is estimated to exceed USD 26 billion by 2024; according to a new research report. Rising purchasing power coupled with increasing demand for premium and advanced bathrooms and kitchens are key factors fueling luxury plumbing fixtures market growth. Factors such as government supported residential building upgradation and renovations due to disaster will propel the industry expansion. Key trending factors including integrated high-low sprinklers thermostatic faucets and chromotherapy to integrate bathroom spaces will drive luxury plumbing fixtures demand.
Inclination towards new and improved designs & technology for comfort and aesthetics will stimulate product penetration in residential and commercial sector. Introduction of various innovative products including water efficient systems will create lucrative opportunities for luxury plumbing fixtures market growth. Increasing preference for low flush toilets with wastewater collection and treatment system will enhance the product penetration. Hospitality industry expansion owing to increased leisure and business tourism will support luxury plumbing fixtures market demand in commercial sector.
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Advancements in the plumbing technologies including heated seat and dual flush toilets will propel industry growth. Product innovations such as touchless and sensor operated fixtures specifically from the commercial sectors will stimulate the luxury plumbing fixtures market demand.
Luxury plumbing fixtures market from residential application will witness growth over 4.9% up to 2024. Thriving population growth, increase in new housing supply and easy mortgage rates are expected to drive segment growth. Affordable government housing initiatives influencing customers focus towards premium interiors will boost the sector growth. In the UK, changes in the pension systems is encouraging aging population ‘empty nesters’ to spend more on home interiors and renovations.
APAC luxury plumbing fixtures market accounted for more than 25% of overall industry share in 2016. Increase in urbanization and change in lifestyle specifically in China, India, and Thailand will drive segment growth. Easy product availability in India and China owing to the country’s recognition as manufacturing hub will provide opportunities for industry expansion.
Global luxury plumbing fixtures market share is highly fragmented owing to the low entry barriers in the industry. Some of the key players of the industry include Cera Sanitaryware, Bradley Corporation, Delta, Gerber and Kohler. Other key industry player in the industry include Sterling Faucet Company, Natphil, The Noble Corporation, Matco-Norca, Fiberez Bathware and Toto.
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Table of Content:
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Luxury plumbing fixtures industry 360 degree synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Fixtures trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Luxury Plumbing Fixtures Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Key player’s role
3.3.3.2. Product portfolio
3.3.3.3. Global presence
3.4. Technology landscape
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. APAC
3.5.4. LATAM
3.5.5. MEA
3.6. Industry best practices & key buying criteria
3.7. Pricing analysis, by region
3.7.1. North America
3.7.2. Europe
3.7.3. Asia Pacific
3.7.4. Latin America
3.7.5. MEA
3.8. Cost structure analysis
3.9. Innovation & sustainability
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