Global Bathroom Sinks Market 2020-2024
Technavio has been monitoring the bathroom sinks market and it is poised to grow by USD 1.92 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on bathroom sinks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in building refurbishment activities, growing mixed-use development and growing consciousness toward hygiene. In addition, increase in building refurbishment activities is anticipated to boost the growth of the market as well.
The bathroom sinks market analysis includes end-user segment and geographical landscapes
Technavio's bathroom sinks market is segmented as below:
By Geographical Landscapes
- North America
- South America
This study identifies the growing trend of semi-recessed sinks as one of the prime reasons driving the bathroom sinks market growth during the next few years. Also, gaining prominence for bathroom concept and growing trend of stainless steel bathroom sinks will lead to sizable demand in the market.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our bathroom sinks market covers the following areas:
- Bathroom sinks market sizing
- Bathroom sinks market forecast
- Bathroom sinks market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bathroom sinks market vendors that include BLANCO GmbH + Co. KG, Duravit AG, Elkay Manufacturing Co., FRANKE Holding AG, JOMOO Kitchen & Bath Co. Ltd., Kohler Co., LIXIL Group Corp., Moen Inc., Roca Sanitario SA, and Toto Ltd.. Also, the bathroom sinks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.