Market Size of Malaysia Sanitaryware Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 14.45 Billion |
| Market Size (2029) | USD 18.88 Billion |
| CAGR (2024 - 2029) | > 5.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Malaysia Sanitaryware Market Analysis
The Malaysia Sanitaryware Market size in terms of Greater Than-5.5 is expected to grow from USD 14.45 billion in 2024 to USD 18.88 billion by 2029, at a CAGR of greater than 5.5% during the forecast period (2024-2029).
The sanitaryware industry in Malaysia is projected to experience significant growth in the near future, driven by the country's increasing economic growth and the expansion of the construction and infrastructure sectors. Consumers in the region are increasingly inclined to purchase sanitaryware due to their increased disposable income, which is expected to contribute to the product's market growth in the country. Additionally, the hotel sector is expanding, and personal hygiene concerns are driving the growth of the sanitaryware industry. In addition, a surge in concerns over personal hygiene and growth in the hospitality industry have been fuelling the Malaysian sanitary ware market.
In addition, the demand for branded products is projected to grow as consumers look for high-quality and trusted products from well-known brands. In addition, the growing awareness of maintaining a healthy lifestyle will drive the demand for hygiene and sanitation products. For example, hygienic toilets with self-cleaning features and touchless taps will be popular. The trend towards eco-friendly products is also on the rise. As a result, the demand for hygienic and sustainable sanitaryware products is expected to grow. All in all, these factors are projected to drive growth for sanitaryware manufacturers in the coming years. The majority of Sanitary ware imported into Malaysia originates in India, Germany, and China.
