Market Size of Asia-Pacific Bathroom and Toilet Assist Devices Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 6.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Bathroom & Toilet Assist Devices Market Analysis
The Asia-Pacific bathroom and toilet assist devices market is expected to register a CAGR of 6% during the forecast period.
Toilet and bathroom assistance devices in the Asia-Pacific region are witnessing substantial growth, which may be attributable to the growing expansion of associated firms in China, Australia, and India. The existence of a massive patient population is likely to create significant growth potential for the region's industry. A surge in the region's elderly population, particularly in nations with largely untapped markets such as Japan, India, and China, may also boost the market.
The COVID-19 pandemic had a neutral impact on the toilet assist devices market. Elderly people were advised to stay at home during the lockdown, which increased the demand for bathroom and toilet assist devices. However, the decreasing number of road accidents reduced the requirement for these devices among disabled people.
In 2022, the disabled population has increased due to the rising incidence of injuries caused by sports accidents, road accidents, and chronic neurological impairment, which may drive the handgrips and grab bars market.
Manufacturers in the bathroom and toilet assist devices market are focusing on becoming more proficient and developing unique product features to increase their competitive edge. The aging population boosts the need for bathroom and toilet aid products. Companies intend to create user-friendly and convenient devices, which may drive the sales of bathroom and toilet assist devices in the future.