Bath Fittings And Accessories Market Size
| Study Period | 2020 - 2029 |
| Market Size (2024) | USD 226.44 Billion |
| Market Size (2029) | USD 269.28 Billion |
| CAGR (2024 - 2029) | > 2.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Bath Fittings And Accessories Market Analysis
The Bath Fittings And Accessories Market size is estimated at USD 226.44 billion in 2024, and is expected to reach USD 269.28 billion by 2029, growing at a CAGR of greater than 2% during the forecast period (2024-2029).
The global bathroom fittings market will likely witness substantial growth in the forecast period owing to changes in lifestyles, an increase in disposable income, and rising competition in the hospitality sector. Bathroom fittings and accessories were limited in urban areas previously, and penetration was low in rural areas. In contrast, the usage of bathroom accessories and fittings was limited in urban areas as well. The rising living standards supported by growing disposable incomes have a growing shift towards delicate and high-end household accessories, such as bathroom fittings.
The market for bathroom fittings is expected to grow significantly with the growth of real estate and commercial construction. The demand for bathroom accessories is also expected to grow in the coming years due to the increasing disposable income and changing lifestyle trends in emerging markets such as China and India.
Bath fittings are one of the biggest and fastest-growing markets in the world, with 40% of revenue coming from Asia-Pacific. With more and more people living in cities and having more and more disposable income, people are spending more and more on home improvements. People are more and more aware of hygiene and sanitation issues, so they're looking for easy-to-clean and easy-to-maintain products that meet safety and hygiene standards, especially after the pandemic.
Bath Fittings And Accessories Market Trends
Rise of Smart bathroom accessories are driving the market
Smart bathroom accessories like smart mirrors, toilets, and showerheads are becoming more and more popular as smart homes and tech become more and more popular. They come with features like voice control, temperature control, built-in speakers, and more. Minimalist designs are all the rage in bathrooms right now, and you can find these sleek towel bars and toilet paper holders, as well as rustic and vintage bathroom fixtures like wrought iron towel racks and antique soap dishes. Smart Sensors, Touchless Faucets, Digital Controls, and more are at the forefront of innovation, leading to new and better products that provide more features and convenience.
The future of hygiene is being ushered in by the introduction of touchless technology in public restrooms. This technology eliminates the need for contact between the user and the surfaces of the restroom, thus reducing the likelihood of the spread of bacteria and germs. This technology is being implemented in a variety of bathroom fixtures, such as faucets, soap dispensers, hand dryers, and more.
Luxury Bathrooms and the Rise of Disposable Income and Changing Consumer Preferences
Bath fittings are an essential part of the global construction industry. Rapid urbanization, population growth, and infrastructure development are all factors that are driving the growth of the residential, commercial, and institutional building market. The use of cutting-edge technologies, from smart sensors to touchless taps and digital controls, is driving innovation in new and improved bath fittings. New and improved products offer better functionality and greater convenience. Consumers are increasingly concerned about water scarcity. As a result, the demand for water-efficient bath fittings is on the rise. Eco-friendly products are being developed that consume less water without sacrificing performance. As people become more health conscious, there is an increasing demand for wellness and relaxation bath fittings. Pasite-style showers and steam rooms, hydrotherapy.
Bath Fittings And Accessories Industry Overview
The competition in bathroom accessories is highly fragmented, with many organized and unorganized players. People are increasingly opting for branded bathroom accessories because of their quality and after-sales service. Both domestic and foreign manufacturers are supplying products in the Indian market. Foreign players either have established their subsidiaries or have distribution partnerships with Indian players. The major players in the market include Kohler Co., Roca Sanitario, S.A., and LIXIL Group Corporation.
Bath Fittings And Accessories Market Leaders
Lixil Corporation
Kohler Co.
Toto Ltd.
Roca Sanitario SA
Hansgrohe SE
*Disclaimer: Major Players sorted in no particular order
Bath Fittings And Accessories Market News
December 2022: LIXIL Corporation acquired Basco, a US-based shower door manufacturing company. The strategic acquisition enabled LIXIL to expand its comprehensive kitchen and bath portfolio in the Americas and provide consumers with full showering and bathroom solutions. In addition, Basco’s industry-leading lead times for custom shower doors and ability to ship stock doors in 2 days will expand the speed, capabilities, and competitive edge of LIXIL’s supply chain in the US.
October 2022: Kohler launched a partnership with LavaMaex to provide support for its mobile showering program in Los Angeles, San Francisco, and Oakland, as well as funding to seven community service providers to expand access to showers and other essential care services for the unhoused. This partnership was expected to deliver approximately 20,000 showers to thousands of individuals within the unhoused population in various cities across the United States.
Bath Fittings And AccessoriesMarket Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.1.1 Increased spending in the home improvement projects
4.1.2 The demand for sustainable and eco-friendly bath fittings is on the rise
4.2 Market Restraints
4.2.1 High cost of installation and maintenance
4.3 Market Opportunities
4.3.1 Commercial bath fittings will be in high demand due to functionality, durability and ease of maintenance
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
4.5 Impact of COVID-19 on the market
4.6 Insights on Current Trends and Technological Innovations in the Market
4.7 Insights into Exports and Imports Trends in the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Faucets
5.1.2 Showers
5.1.3 Bathtub
5.1.4 Bathroom Sinks
5.1.5 Towel Rack/Ring
5.1.6 Hook
5.1.7 Paper Holder
5.1.8 Grab Bars
5.1.9 Other Types
5.2 By End User
5.2.1 Commercial
5.2.2 Residential
5.3 By Distribution Channel
5.3.1 Mass Merchandiers
5.3.2 Specialty Stores
5.3.3 Online
5.3.4 Other Distribution Channels
5.4 By Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Lixil Corporation
6.2.2 Kohler Co.
6.2.3 Toto Ltd.
6.2.4 Roca Sanitario SA
6.2.5 Hansgrohe SE
6.2.6 Jaquar
6.2.7 Hindware Homes
6.2.8 American Standard Brand
6.2.9 Dornbracht
6.2.10 Geberit AG*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER
Bath Fittings And Accessories Industry Segmentation
A complete background analysis of the market studied, which includes an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics, and a market overview, is covered in the report. The report also features qualitative and quantitative assessments by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
The bath fittings and accessories market is segmented by product (faucets, showers, bathtubs, bathroom sinks, towel racks or rings, hooks, paper holders, grab bars, etc.). End-user (commercial, residential) distribution channel (mass merchandisers, specialty stores, online, and other distribution channels) by geography (North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa)
The report offers market size and forecasts in value (USD) for all the above segments.
| By Type | |
| Faucets | |
| Showers | |
| Bathtub | |
| Bathroom Sinks | |
| Towel Rack/Ring | |
| Hook | |
| Paper Holder | |
| Grab Bars | |
| Other Types |
| By End User | |
| Commercial | |
| Residential |
| By Distribution Channel | |
| Mass Merchandiers | |
| Specialty Stores | |
| Online | |
| Other Distribution Channels |
| By Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East & Africa |
Bath Fittings And AccessoriesMarket Research FAQs
How big is the Bath Fittings And Accessories Market?
The Bath Fittings And Accessories Market size is expected to reach USD 226.44 billion in 2024 and grow at a CAGR of greater than 2% to reach USD 269.28 billion by 2029.
What is the current Bath Fittings And Accessories Market size?
In 2024, the Bath Fittings And Accessories Market size is expected to reach USD 226.44 billion.
Who are the key players in Bath Fittings And Accessories Market?
Lixil Corporation, Kohler Co., Toto Ltd., Roca Sanitario SA and Hansgrohe SE are the major companies operating in the Bath Fittings And Accessories Market.
Which is the fastest growing region in Bath Fittings And Accessories Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Bath Fittings And Accessories Market?
In 2024, the Europe accounts for the largest market share in Bath Fittings And Accessories Market.
What years does this Bath Fittings And Accessories Market cover, and what was the market size in 2023?
In 2023, the Bath Fittings And Accessories Market size was estimated at USD 222 billion. The report covers the Bath Fittings And Accessories Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Bath Fittings And Accessories Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Bath Fittings And AccessoriesIndustry Report
Statistics for the 2024 Bath Fittings And Accessories market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bath Fittings And Accessories analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
