The Faucet Market is anticipated to grow significantly, reaching USD 56.95 billion by 2033. Currently valued at USD 21.78 billion in 2023, the market is projected to expand at a compound annual growth rate (CAGR) of 8.41% over the next decade. This sector involves the production, distribution, and sale of faucets, which are devices used to control the flow of water in plumbing fixtures. Faucets are commonly found in kitchens, bathrooms, laundry rooms, and utility sinks, serving both functional and aesthetic purposes.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Material (Metal, Plastic)
By Product Type (Electronic, Manual)
By Application (Bathroom, Kitchen, Others)
By End Use (Residential, Commercial)
Key players
LIXIL Group Corporation
Fortune Brands Home & Security, Inc.
Paini (UK) Ltd
MASCO corporation
Sloan Valve Company
Roca Sanitario S.A
TOTO Ltd.
Spectrum Brands
Danze Inc.
Rohl LLC
- CHAPTER 1. Executive Summary
- CHAPTER 2. Scope of the Study
- 2.1. Market Definition
- 2.2. Market Scope & Segmentation
- 2.2.1. Objective of Report
- CHAPTER 3. Evolve BI Methodology
- 3.1. Data Collection & Validation Approach
- 3.2. Market Size Estimation and Forecast
- CHAPTER 4. Exclusive Analysis
- 4.1. Market Opportunity Score
- 4.1.1. Material Segement – Market Opportunity Score
- 4.1.2. Application Segment – Market Opportunity Score
- 4.1.3. End Use Segment – Market Opportunity Score
- 4.1.4. Product Type Segment – Market Opportunity Score
- 4.2. Key Market Influencing Indicators
- CHAPTER 5. Market Insights and Trends
- 5.1. Value Chain Analysis
- 5.1.1. Raw Material
- 5.1.2. Manufacturing Process
- 5.1.3. Distribution Channel
- 5.1.4. End User
- 5.2. Porter’s Five Forces Analysis
- 5.2.1. Bargaining Power of Buyers
- 5.2.2. Bargaining Power of Suppliers
- 5.2.3. Threat of New Entrant
- 5.2.4. Threat of Substitute
- 5.2.5. Industry Rivalry
- 5.3. COVID-19 Impact and Post COVID Scenario on Faucet Market
- 5.3.1. Impact of COVID-19
- 5.3.2. Government Support and Industry Revival Policies
- 5.3.3. Measures Taken by Companies to Mitigate Negative Impact
- 5.3.4. Post COVID Trend
- CHAPTER 6. MArket Dynamics
- 6.1. Introduction
- 6.2. Drivers
- 6.2.1. Driver 1
- 6.2.2. Driver 2
- 6.2.3. Driver 3
- 6.3. Restraints
- 6.3.1. Restraint 1
- 6.3.2. Restraint 2
- 6.4. Opportunity
- 6.4.1. Opportunity 1
- CHAPTER 7. Faucet Market, By Material
- 7.1. Introduction
- 7.1.1. Metal
- 7.1.2 Plastic
- CHAPTER 8. Faucet Market, By Application
- 8.1. Introduction
- 8.1.1. Bathroom
- 8.1.2. Kitchen
- 8.1.3. Others
- CHAPTER 9. Faucet Market, By End Use
- 9.1. Introduction
- 9.1.1. Residential
- 9.1.2. Commercial
- CHAPTER 10. Faucet Market, By Product Type
- 10.1.Introduction
- 10.1.1. Electronic
- 10.1.2. Manual
- CHAPTER 11. Faucet Market, By Region
- 11.1. Introduction
- 11.2. NORTH AMERICA
- 11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.2.2. North America: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.2.3. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.4. North America: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.2.5. North America: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.2.6. US
- 11.2.6.1. US: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.2.6.2. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.6.3. US: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.2.6.4. US: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.2.7. CANADA
- 11.2.7.1. Canada: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.2.7.2. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.7.3. Canada: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.2.7.4. Canada: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.2.8. MEXICO
- 11.2.8.1. Mexico: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.2.8.2. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.8.3. Mexico: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.2.8.4. Mexico: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3. Europe
- 11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.3.2. Europe: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.3. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.4. Europe: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.5. Europe: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3.6. U.K.
- 11.3.6.1. U.K.: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.6.2. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.6.3. U.K.: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.6.4. U.K.: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3.7. GERMANY
- 11.3.7.1. Germany: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.7.2. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.7.3. Germany: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.7.4. Germany: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3.8. FRANCE
- 11.3.8.1. France: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.8.2. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.8.3. France: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.8.4. France: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3.9. ITALY
- 11.3.9.1. Italy: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.9.2. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.9.3. Italy: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.9.4. Italy: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3.10. SPAIN
- 11.3.10.1. Spain: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.10.2. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.10.3. Spain: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.10.4. Spain: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3.11. BENELUX
- 11.3.11.1. BeNeLux: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.11.2. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.11.3. BeNeLux: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.11.4. BeNeLux: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3.12. RUSSIA
- 11.3.12.1. Russia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.12.2. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.12.3. Russia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.12.4. Russia: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.3.13. REST OF EUROPE
- 11.3.13.1. Rest of Europe: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.3.13.2. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.13.3. Rest of Europe: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.3.13.4. Rest of Europe: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4. Asia Pacific
- 11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.4.2. Asia Pacific: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.3. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.4. Asia Pacific: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.5. Asia Pacific: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.6. CHINA
- 11.4.6.1. China: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.6.2. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.6.3. China: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.6.4. China: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.7. JAPAN
- 11.4.7.1. Japan: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.7.2. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.7.3. Japan: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.7.4. Japan: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.8. INDIA
- 11.4.8.1. India: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.8.2. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.8.3. India: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.8.4. India: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.9. SOUTH KOREA
- 11.4.9.1. South Korea: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.9.2. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.9.3. South Korea: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.9.4. South Korea: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.10. THAILAND
- 11.4.10.1. Thailand: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.10.2. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.10.3. Thailand: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.10.4. Thailand: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.11. INDONESIA
- 11.4.11.1. Indonesia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.11.2. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.11.3. Indonesia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.11.4. Indonesia: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.12. MALAYSIA
- 11.4.12.1. Malaysia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.12.2. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.12.3. Malaysia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.12.4. Malaysia: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.13. AUSTRALIA
- 11.4.13.1. Australia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.13.2. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.13.3. Australia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.13.4. Australia: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.4.14. REST FO ASIA PACIFIC
- 11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.5. South America
- 11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.5.2. South America: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.5.3. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.4. South America: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.5.5. South America: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.5.6. BRAZIL
- 11.5.6.1. Brazil: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.5.6.2. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.6.3. Brazil: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.5.6.4. Brazil: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.5.7. ARGENTINA
- 11.5.7.1. Argentina: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.5.7.2. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.7.3. Argentina: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.5.7.4. Argentina: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.5.8. REST OF SOUTH AMERICA
- 11.5.8.1. Rest of South America: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.5.8.2. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.8.3. Rest of South America: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.5.8.4. Rest of South America: Market Size and Forecast, By Productb Type, 2023 – 2033 ($ Million)
- 11.6. Middle East & Africa
- 11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.6.2. Middle East & Africa: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.6.3. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.4. Middle East & Africa: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.6.5. Middle East & Africa: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.6.6. SAUDI ARABIA
- 11.6.6.1. Saudi Arabia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.6.6.2. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.6.3. Saudi Arabia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.6.6.4. Saudi Arabia: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.6.7. UAE
- 11.6.7.1. UAE: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.6.7.2. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.7.3. UAE: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.6.7.4. UAE: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.6.8. EGYPT
- 11.6.8.1. Egypt: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.6.8.2. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.8.3. Egypt: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.6.8.4. Egypt: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.6.9. SOUTH AFRICA
- 11.6.9.1. South Africa: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.6.9.2. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.9.3. South Africa: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.6.9.4. South Africa: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- 11.6.10. REST OF MIDDLE EAST & AFRICA
- 11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Material, 2023 – 2033 ($ Million)
- 11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million)
- 11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By Product Type, 2023 – 2033 ($ Million)
- CHAPTER 12. Competitive Landscape
- 12.1. Competitior Benchmarking 2023
- 12.2. Market Share Analysis
- 12.3. Key Developments Analysis By Top 5 Companies
- 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
- CHAPTER 13. Company Profiles
- 13.1. LIXIL Group Corporation
- 13.1.1. Business Overview
- 13.1.2. Financial Analysis
- 13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million
- 13.1.2.2. Geographic Revenue Mix, 2020 (% Share)
- 13.1.3. Product Portfolio
- 13.1.4. Recent Development and Strategies Adopted
- 13.1.5. SWOT Analysis
- 13.2. Fortune Brands Home & Security Inc.
- 13.3. Paini (UK) Ltd
- 13.4. MASCO corporation
- 13.5. Sloan Valve Company
- 13.6. Roca Sanitario S.A
- 13.7. TOTO Ltd.
- 13.8. Spectrum Brands
- 13.9. Danze Inc
- 13.10. Rohl LLC
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