Market Size of India Bath Fittings Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 10.66 Billion |
Market Size (2029) | USD 15.47 Billion |
CAGR (2024 - 2029) | 7.74 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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India Bathroom Fittings Market Analysis
The India Bath Fittings Market size is estimated at USD 10.66 billion in 2024, and is expected to reach USD 15.47 billion by 2029, growing at a CAGR of 7.74% during the forecast period (2024-2029).
The Indian bath fittings market had experienced steady growth over the past few years. Along with the growth in the housing market, the related industry verticals, such as bathroom fittings, are also poised for strong growth in the coming years. Bathrooms in the contemporary Indian houses are embellished with fittings and interiors that make a style statement. The housing sector has been growing, due to the rise in the purchasing power of individuals, continuous rise in population, increase in the number of nuclear families, rapid urbanization, and government intervention to provide easy loans, among others. This factor, in turn, has been contributing toward the growth of the Indian bath fittings market. Moreover, the Indian real estate industry is addressing the demand for built-up space, from a variety of property segments, such as offices, housing units, shopping malls, hospitality industry, manufacturing sector, and logistics facilities. Thus, the housing sector is undergoing significant growth, thereby, fueling the demand for bath fittings, which form an integral part of the modern-day infrastructure.