Global Mixer Tap Market: Introduction
A mixer tap also known as thermostatic mixer tap or thermostatic tap that regulates the temperature of the water flowing out of the tap. In a mixer or thermostatic tap there is a heating element that automatically switches on or off as per the temperature of the water flowing out of the tap. Presently mixer tap or thermostatic tap are widely used in residential or commercial bathroom and kitchen where water flowing at optimum temperature is required.
A mixer tap mixes both hot and cold water for an ideal temperature. In a mixer tap, there is a thermostatic element or cartridge to control the temperature of water flowing out of the tap. Thermostatic mixer tap maintains a fixed temperature of water following out of the tap irrespective of the temperature and water pressure of the cold and hot water supply.
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Global Mixer Tap Market: Competitive Landscape
The Jaquar Group is a global lighting and complete bathroom solutions company formed in 1960 and headquartered in Gurgaon, Haryana, India. The company’s product portfolio consists of wall-mounted mixer taps for showers, 4-hole thermostatic bath and shower mixer that is deck-mounted, faucets, showers, sanitary ware, flushing systems, water heaters, bath tubs, spas, steam solutions, shower panels & enclosures, accessories, and other products. The company sells products under the brands, Artize, Jaquar, Essco, and Jaquar Lighting. Globally, the company has eight showrooms across Sousse & London, Addis Ababa, Kaula Lumpur, Dubai, Singapore, and Milan. Presently, the company has more than 10,000 employees across the globe, including over 1,200 experienced technicians.
Kohler Co. is a global bathroom and kitchen products company formed on December 3, 1873 by John Michael Kohler in Sheboygan, Wisconsin, the U.S. where the company is presently headquartered. The company’s product portfolio consists of thermostatic shower and bath mixer taps, basin-mounted shower and bath thermostatic mixer taps, toilets, toilet seats, showers, bathtubs, bath linens, faucets, sinks, water filtration products, kitchen faucets, sinks, kitchen accessories, etc. Kohler Co. sells mixer taps under the global washroom-control and showering brand, Rada. The company also sells products under brands, Englefield, Hytec, Fiori, Jacob Delefon, Karat, Kohler, Mira, Novita, Sanijura, Sterling, etc. Kohler Co. has offices across North America, Europe, Asia Pacific, Middle East & Africa, and Brazil.
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LIXIL Group Corporation
LIXIL Group Corporation is a Japan-based global bathroom and kitchen products company headquarter in Tokyo, Japan. In 2011, TOEX, Sunwave, Shin Nikkei, INAX, and TOSTEM merged to form LIXIL Group Corporation. The company’s product portfolio consists of thermostatic mixer taps for bath and kitchen, head & hand showers, ceramic toilets, basins, urinals, bidets, vanities, shower enclosures, bath tubs, two-lever and single faucets, shower toilets, system baths, kitchen systems, tiles, etc. Across the globe, the company sells products under the brands, Inax, Grohe, American Standard, Tostem, etc.
Global Mixer Tap Market: Dynamics
Rise in Construction of Residential and Commercial Buildings to Drive Global Market
Increase in global population, disposable income, and changing lifestyle has led to the construction of residential and commercial buildings, thereby driving the sales of mixer taps across the globe
Global Mixer Tap Market: Segmentation
The global mixer tap market can be segmented based on:
- Product Type
- Mount Type
- Distribution Channel
Global Mixer Tap Market, by Product Type
- Pull Out Spray
- Pillar & Bridge
- Others (Swivel Spout, Bibs, etc.)
Global Mixer Tap Market, by Mount Type
- Deck Mount
- Wall Mount
Global Mixer Tap Market, by End-use
Global Mixer Tap Market, by Distribution Channel
The report on the global mixer tap market is a compilation of first-hand information, qualitative and quantitative assessment by market analysts, and inputs from market experts and market participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness of each segment. The report also maps the qualitative impact of various factors on segments of the global mixer tap market across different regions.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.