Plumbing Fixtures and Fittings Market: Information by Application (FoTW and BTW) and Geography - Forecast to 2025

·9 min read

NEW YORK, June 28, 2022 /PRNewswire/ -- The rise in construction activities is a major factor driving the Plumbing Fixtures and Fittings Market share growth. Building construction is growing globally due to the increasing focus on infrastructure, which is enabling economic growth and improving the living standards of people. Developed economies, such as the US, Canada, and countries in the EU are looking to improve their existing infrastructure. Developing countries, such as China and India, are also experiencing growth in opportunities in the building construction industry. Residential housing completions are growing globally. For instance, in March 2020, Ford Motor Co. announced its plan to build a new factory in the US for autonomous vehicles. In August 2020, the National Highways Authority of India set the timeline for 23 new highways, including a network of expressways and economic corridors, which will be ready by March 2025. An increase in the construction of buildings will lead to an increase in demand for plumbing solutions. Hence, it will help in driving the growth of the global plumbing fixtures and fittings market during the forecast period.

Technavio has announced its latest market research report titled Plumbing Fixtures and Fittings Market by Application and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Plumbing Fixtures and Fittings Market by Application and Geography - Forecast and Analysis 2021-2025

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The Plumbing Fixtures and Fittings Market value is set to grow by USD 34.38 billion, progressing at a CAGR of 6.51% from 2020 to 2025, as per the latest report by Technavio.

Plumbing Fixtures and Fittings Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.51%

Market growth 2021-2025

$ 34.38 billion

Market structure

Fragmented

YoY growth (%)

4.85

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 44%

Key consumer countries

China, US, UK, India, and Saudi Arabia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

American Bath Group, Geberit AG, HSIL Ltd., Ideal Standard International SA, Jaquar Group, LIXIL Group Corp., Masco Corp., Roca Sanitario SA, Somany Ceramics Ltd., and Toto Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Segmentation by Application (In-Scope/Out-of-Scope)

  • In-Scope:

The plumbing fixtures and fittings market share growth by the FoTW segment will be significant during the forecast period. FoTW fixtures and fittings are plumbing products that are generally visible within the building. They include water outlets as well as fixtures associated with them, such as showerheads, taps/faucets, sinks, and bathroom ceramics. End-users of FoTW fixtures and fittings plumbing products mainly focus on aesthetic features, due to which the demand for these products is heavily influenced by consumer trends. The market for FoTW fixtures and fittings plumbing products is expected to grow as the vendors in this market are continuously enhancing their product portfolio. However, the growth of the FoTW market segment will be slower than the BTW market segment.

  • Out-of-Scope:

To gain further insights on the market contribution of various segments Request Sample Report

Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Molecular Biology Enzymes, Kits, and Reagents Market includes the following core components:

  • Inputs

  • Inbound logistics

  • Operations

  • Outbound logistics

  • Marketing and sales

  • Service

  • Support activities

  • Innovation

Highlights-

  • Segmentation- The report extensively covers market segmentation by Application (FoTW and BTW) and Geography (APAC, Europe, North America, MEA, and South America).

  • Key Companies- American Bath Group, Geberit AG, HSIL Ltd., Ideal Standard International SA, Jaquar Group, LIXIL Group Corp., Masco Corp., Roca Sanitario SA, Somany Ceramics Ltd., and Toto Ltd. among others.

  • Driver- Rise in construction activities to drive the market.

  • Challenge- Fluctuating raw material prices to hamper the market growth.

For more additional information about the Plumbing Fixtures and Fittings Market – View Sample Report

Vendor Insights-

The plumbing fixtures and fittings market is fragmented and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market.

  • American Bath Group- The company offers plumbing fixtures and fitting under its brands Clarion and Comfort Designs.

  • Geberit AG- The company offers offers cisterns and mechanisms, faucets and flushing systems, and bathroom ceramics.

  • HSIL Ltd.- The company offers plumbing fixtures and fittings under its brand Hindware.

Find additional highlights on the vendors and their product offerings. Download Sample Report

Learn More about the Plumbing Fixtures and Fittings Market-

  • Plumbing Fixtures and Fittings Market Trend:

Eco-friendly plumbing solutions provide superior performance and help consumers in saving money, minimizing the carbon footprint, as well as ensuring that the wastage of water and energy is reduced. Eco-friendly plumbing is easy to achieve. Water-efficient toilets have been available in the market for a while, but they are now being introduced with enhanced aesthetics. These toilets can save around two-fifths of the water as compared to traditional ones. Additionally, eco-friendly water systems help in keeping the outdoor spaces, such as gardens, greener while minimizing water use. Moreover, water-efficient showerheads are being introduced in the market, which can help in reducing water consumption by 25% to 35% without the user seeing a noticeable difference. Due to such reasons, the demand for the market will grow significantly during the forecast period.

Additional information about various other market Drivers, Trends, & Challenges available with Technavio. Learn More with Sample Report

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Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem

  • 2.2 Value chain analysis

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2020

  • 3.4 Market outlook: Forecast for 2020 - 2025

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Application

  • 5.1 Market segments

  • 5.2 Comparison by Application

  • 5.3 FoTW - Market size and forecast 2020-2025

  • 5.4 BTW - Market size and forecast 2020-2025

  • 5.5 Market opportunity by Application

6 Customer landscape

  • 6.1 Customer landscapeOverview

7 Geographic Landscape

  • 7.1 Geographic segmentation

  • 7.2 Geographic comparison

  • 7.3 APAC - Market size and forecast 2020-2025

  • 7.4 Europe - Market size and forecast 2020-2025

  • 7.5 North America - Market size and forecast 2020-2025

  • 7.6 MEA - Market size and forecast 2020-2025

  • 7.7 South America - Market size and forecast 2020-2025

  • 7.8 Key leading countries

  • 7.9 Market opportunity by geography

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers

  • 8.2 Market challenges

  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview

  • 9.2 Landscape disruption

10 Vendor Analysis

  • 10.1 Vendors covered

  • 10.2 Market positioning of vendors

  • 10.3 American Bath Group

  • 10.4 Geberit AG

  • 10.5 HSIL Ltd.

  • 10.6 Ideal Standard International SA

  • 10.7 Jaquar Group

  • 10.8 LIXIL Group Corp.

  • 10.9 Masco Corp.

  • 10.10 Roca Sanitario SA

  • 10.11 Somany Ceramics Ltd.

  • 10.12 Toto Ltd.

11 Appendix

  • 11.1 Scope of the report

  • 11.2 Currency conversion rates for US$

  • 11.3 Research methodology

  • 11.4 List of abbreviations

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