Market Size of Bath Fittings And Accessories Industry
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.