Market Size of United States Commercial Bathroom Products Industry
Study Period | 2020-2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 358.08 Million |
Market Size (2029) | USD 421.20 Million |
CAGR (2024 - 2029) | 3.30 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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United States Commercial Bathroom Products Market Analysis
The United States Commercial Bathroom Products Market size is estimated at USD 358.08 million in 2024, and is expected to reach USD 421.20 million by 2029, growing at a CAGR of 3.30% during the forecast period (2024-2029).
The increased awareness of sanitary and personal hygiene fueled the market expansion in the United States. According to the World Health Organization (WHO), the causes that are leading to death, diarrhea, and other health problems are poor sanitary conditions; therefore, the demand for suitable bathroom products is increased by the realization of the importance of maintaining good personal hygiene to lead a healthy life. The US commercial bathroom products market is expanding because of the increasing consumer demand for antimicrobial toilet seats.
One of the factors that increased the demand for bathroom products is the increasing consumer spending on home improvement and remodeling projects in the United States. This trend has increased due to the rising home prices and low mortgage rates. Furthermore, the major manufacturers provide product warranties and guarantees to extend the product's lifespan, which leads to market growth.
With the increasing rate of home construction and renovation, disposable income, housing space issues, and rising living standards contribute toward the growth of bathroom products in the United States. In the United States, bathroom renovations are done for various reasons, like system upgrades, more extensive showers, and flooring modifications. Therefore, bathroom products are in most demand among people in the United States to embrace urbanization.