Global Plumbing Fixtures Market: Overview
The report details an exhaustive account of the global plumbing fixtures market along with numerous associated factors. Some of these factors that are included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2018 to 2026. From an overall perspective, the report is expected to exist as a valuable insight to businesses which are already operating in the global plumbing fixtures market, as well for those who intend to newly establish themselves in this environment.
Global Plumbing Fixtures Market: Key Drivers and Trends
With rapidly growing urbanization and industrialization, a surge in construction activities is occurring all over the planet. This is a key factor envisaged to drive extensive growth in the global plumbing fixtures market. Such a large-scale expansion in the construction industry both in residential and commercial sectors has caused a positive growth in the need for efficient plumbing systems in structures being built. Moreover, a rising number of plumbing problems due to shoddy work undertaken in various constructions across the globe too is driving the global plumbing fixtures market. With extensive research being conducted on new materials to replace traditionally used plumbing fixtures, the use of eco-friendly components is catching up as a key trend in the market.
Global Plumbing Fixtures Market: Geographical Outlook
This market is mainly spread across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of these, a strong construction industry in North America coupled with easy availability of the fabrics has made the region hold a leading position in the global plumbing fixtures market. Apart from North America, a predominance of green building initiatives to minimize harm caused to the environment while constructing structures in Europe makes this region come runners-up in the global plumbing fixtures market. This is mainly due to the preference of alternative eco-friendly materials for making plumbing fixtures existing in the region. However, with a rapidly increasing population in leading economies of Asia Pacific such as China, India, Malaysia, and others, is making more construction companies expand in the region. This consequently has increased the demand of quality plumbing fixtures, thereby driving the global plumbing fixtures market in the region.
Global Plumbing Fixtures Market: Competitive Landscape
The plumbing fixtures market depicts the presence of a highly competitive vendor landscape owing to the presence of both new players as well as well-established companies. Most players are focusing on improving their product quality and facilitating product upgrades. They are also participating in mergers & acquisitions and partnerships, to improve their stance in the plumbing fixtures market. With the number of players expected to increase in future, the competition is likely to further intensify. MAAX Bath Inc., Elkay Manufacturing Company, Roca Sanitario, S.A., TOTO Ltd., Fortune Brands Home & Security, Inc., LIXIL Group Corporation, Masco Corporation, Jacuzzi Inc., Kohler Co., and Geberit AG., are key players operating in the global plumbing fixtures market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold 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.