Views: 1 Author: Site Editor Publish Time: 2023-08-16 Origin: Site
The global sanitary ware market has been experiencing tremendous growth in recent years, with a value of $9,194 million in
2017 and a projected value of $13,616 million by 2025. This represents a CAGR of 5.0% from 2018 to 2025. Sanitary ware
products include toilet sinks, wash basins, cisterns, and pedestals. While porcelain ceramics were traditiona used to manufacture these products, today, metals, glass, plastics, and other materials are also being used. Ceramic sanitary wares remain cost-effective,
have excellent resistance to chemical attacks, and can withstand heavy loads.
The growth of the sanitary ware market can be attributed to various factors, such as the rise in construction activities in developing
countries, an increase in concerns related to health. and hygiene, and the availability of abundant raw materials. In addition, factors such as a healthy lifestyle, disposable income of consumers, surge in urbanization, growth in shift from unbranded
products to branded products, and strong replacement demand have supplemented the growth of the global sanitary ware market.
However, stringent government regulations are anticipated to hamper the sanitary ware market during the forecast period. Despite
these challenges, supportive government initiatives such as Pradhan Mantri Awas Yojana (PMAY) and Swachh Bharat Missionfor infrastructure development in urban and rural areas are expected to offer future growth opportunities for the sanitary ware market
players, especially in developing countries like India.
The global sanitary ware market is segmented based on product type, material, and region. Based on product type, the market is
segmented into toilet sink/water closet, wash basin, pedestal, and cistern. On the basis of material, the market is segmented into
ceramic, pressed metal, acrylic plastic & Perspex, and others. By region, the global sanitary ware market is analyzed across
North America, Europe, Asia-Pacific, MENA, and South America.
The Asia-Pacific region has significantly contributed to the growth of the global sanitary ware market in 2017. Upsurge in demand
for sanitary ware products such as toilet sink/water closet and wash basin coupled with the growth in the real estate sector is the
key factor driving the demand for sanitary ware. In addition, rise in disposable incomes, increase in construction activities, surge
in concerns over health and hygiene are expected to fuel the demand for sanitary ware products in the region.
In conclusion, the global sanitary ware market is poised for robust growth in the coming years due to various factors such as increased
construction activities and growing concerns over health and hygiene. The market segmentation based on product type, material, and
region provides a comprehensive overview of the industry trends. The Asia-Pacific region has emerged as a key market player due to
its growing demand for sanitary ware products.
Data sources: alliedmarketresearch