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Global Residential Faucets Market 2017-2021

About Residential Faucets

A faucet monitors the flow of water from a pipeline. It is generally made of brass, though die-cast zinc and chrome-plated plastic are also used. The global home improvement market is the parent market of the global residential faucets market. Kitchen and bathroom faucets are part of the home improvement market. The market encompasses several functional and macroeconomic challenges. However, the business ecosystem for home improvement retailers has improved over the years.

Technavio’s analysts forecast the global residential faucets market to grow at a CAGR of 8.79% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the Global Residential Faucets Market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Residential Faucets Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • LIXIL Group
  • Masco
  • Spectrum Brands
  • Zurn Industries
  • Vigo Industries
Other prominent vendors
  • BRIZO KITCHEN & BATH COMPANY
  • Elements of Design
  • Freuer Faucets
  • Jaquar
  • Kingston Brass
  • Premier Faucet
  • Ultra Faucets
Market driver
  • Product premiumization through product innovation and wide product assortment
  • For a full, detailed list, view our report
Market challenge
  • Increase in raw material and labor costs
  • For a full, detailed list, view our report
Market trend
  • Increase in online sales of faucets
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Residential Faucets Market 2017-2021

Technavio recognizes the following companies as the key players in the global residential faucets market: LIXIL Group, Masco, Spectrum Brands, Zurn Industries, and Vigo Industries.

Other Prominent Vendors in the market are: BRIZO KITCHEN & BATH COMPANY, Elements of Design, Freuer Faucets, Jaquar, Kingston Brass, Premier Faucet, and Ultra Faucets.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increase in online sales of faucets. The online sales channel of faucets has been emerging as a key factor, which would drive the global residential faucets market during the forecast period. The key leading vendors in the market like Masco, LIXIL Group, and Spectrum Brands have shifted their business models toward the implementation of sales of products through the online distribution network.”

According to the report, one driver in the market is product premiumization through product innovation and wide product assortment. Marketers have raised their level of innovation and product assortments to combat the growing competition from rivals in the market. For instance, Masco, a key vendor in the market, is operating with multiple brands named AXOR, Delta Faucet, Ginger, Bristan Group, Newport Brass, Peerless, Mirolin Industries, Hot Spring, and Hansgrohe International. This leads to enhance the visibility of products and wide product assortment under different brands, thus increasing the probability of new customer acquisition and repeat sales from the existing customers

Further, the report states that one challenge in the market is increase in raw material and labor costs. One of the prominent operational challenges faced by the global residential faucets market is the raw materials and manufacturing costs. The metallic raw goods and components parts for manufacturing the finished product are expensive. Hence, the cost of manufacture increases with a rise in the price of metals like aluminum, iron, copper, or other raw materials. This affects the profit margins for manufacturers and retailers. Manufacturers are required to produce and promote a certain quantity of units to maintain an optimum profit margin.

Companies Mentioned

LIXIL Group, Masco, Spectrum Brands, Zurn Industries, Vigo Industries, BRIZO KITCHEN & BATH COMPANY, Elements of Design, Freuer Faucets, Jaquar, Kingston Brass, Premier Faucet, and Ultra Faucets.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • GLOBAL HOME IMPROVEMENT MARKET
      • Table Global home improvement market 2016 (% share of revenue)
  • Market landscape
    • GLOBAL RESIDENTIAL FAUCETS MARKET
      • Table Global residential faucets market 2016
      • Table Global residential faucets market: Supply chain
      • Table Global residential faucets market 2016-2021 ($ billions)
    • FIVE FORCES ANALYSIS
      • Table Five forces analysis
  • Market segmentation by application
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY APPLICATION
      • Table Global residential faucets market by application 2016-2021 ($ billions)
      • Table Global residential faucets market by application 2016 (% share of revenue)
      • Table Global residential faucets market by application 2021 (% share of revenue)
    • GLOBAL RESIDENTIAL BATHROOM FAUCETS MARKET
      • Table Global residential bathroom faucets market 2016-2021 ($ billions)
    • GLOBAL RESIDENTIAL KITCHEN FAUCETS MARKET
      • Table Global residential kitchen faucets market 2016-2021 ($ billions)
  • Market segmentation by product type
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY PRODUCT TYPE
      • Table Global residential faucets market by product type 2016-2021 ($ billions)
      • Table Global residential faucets market by product type 2016 and 2021 (% share ofrevenue)
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY ONE-HAND MIXER TYPE
      • Table Global residential faucets market by one-hand mixer type 2016-2021 ($ billions)
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY PILLAR TYPE
      • Table Global residential faucets market by pillar type 2016-2021 ($ billions)
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY TWO-HAND MIXER TYPE
      • Table Global residential faucets market by two-hand mixer type 2016-2021 ($ billions)
    • GLOBAL FAUCETS MARKET BY OTHERS
      • Table Global faucets market by others type 2016-2021 ($ billions)
  • Segmentation by operational configuration
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY OPERATIONAL CONFIGURATION
      • Table Global residential faucets market by operational configuration 2016 (% share ofrevenue)
  • Segmentation by built material
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY BUILT MATERIAL
      • Table Global residential faucets market by built material 2016 (% share of revenue)
  • Segmentation by installation type
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY INSTALLATION TYPE
      • Table Global residential faucets market by installation type 2016 (% share of revenue)
  • Segmentation by type of mounting
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY MOUNTING TYPE
      • Table Global residential faucets market by mounting type 2016 (% share of revenue)
  • Segmentation by price range
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY PRICE RANGE
      • Table Residential faucets by price category
      • Table Global residential faucets market by price range 2016 (% share of revenue)
  • Segmentation by operational mechanism
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY OPERATIONAL MECHANISM
      • Table Global residential faucets market by operational mechanism 2016 (% share ofrevenue)
  • Segmentation by connectivity
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY CONNECTIVITY
      • Table Global residential faucets market by connectivity 2016 (% share of revenue)
  • Geographical segmentation
    • GLOBAL RESIDENTIAL FAUCETS MARKET BY GEOGRAPHY
      • Table Global residential faucets market by geography 2016-2021 ($ billions)
      • Table Global residential faucets market by geography 2016 and 2021 (% share ofrevenue)
    • RESIDENTIAL FAUCETS MARKET IN AMERICAS
      • Table Residential faucets market in Americas 2016-2021 ($ billions)
    • RESIDENTIAL FAUCETS MARKET IN EMEA
      • Table Residential faucets market in EMEA 2016-2021 ($ billions)
    • RESIDENTIAL FAUCETS MARKET IN APAC
      • Table Residential faucets market in APAC 2016-2021 ($ billions)
  • Key leading countries
    • GLOBAL RESIDENTIAL FAUCETS MARKET
      • Table Global residential faucets market: Key leading countries (% share of revenue) 2016
    • US
    • CHINA
    • GERMANY
    • UK
  • Decision framework
  • Drivers and challenges
    • MARKET DRIVERS
    • MARKET CHALLENGES
  • Market trends
    • INCREASE IN ONLINE SALES OF FAUCETS
    • INTEGRATION OF SMART HOME TECHNOLOGIES TO ENABLE SMART KITCHEN AND BATHROOM
    • RISE IN M&A ACTIVITIES
  • Vendor landscape
    • COMPETITIVE SCENARIO
    • COMPETITIVE STRATEGY
    • COMPARATIVE ANALYSIS OF KEY VENDORS
      • Table Key vendors: Analysis on geographical presence 2016
      • Table Key vendors: Comparative analysis of revenue, product portfolio, and geographicalpresence 2016
  • Key vendor analysis
    • LIXIL GROUP
      • Table LIXIL Group: Business segmentation 2016 (% share of revenue)
      • Table LIXIL Group: Geography segmentation 2016 (% share of total number of factories)
      • Table LIXIL Group in global bathroom faucets market 2016
    • MASCO
      • Table Masco: Product segmentation 2016 (% share of revenue)
      • Table Masco: Geography segmentation 2016 (% share of revenue)
      • Table Masco in global residential faucets market 2016
    • SPECTRUM BRANDS
      • Table Spectrum Brands: Business segmentation 2016 (% share of revenue)
      • Table Spectrum Brands: Geographical segmentation 2016 (% share of revenue)
      • Table Spectrum Brands in global residential faucets market 2016
    • ZURN INDUSTRIES
      • Table Zurn Industries: Product segmentation 2016
      • Table Zurn Industries in global residential faucets market
    • VIGO INDUSTRIES
      • Table Vigo Industries: Product segmentation 2016
      • Table Vigo Industries in global residential faucets market 2016
    • OTHER PROMINENT VENDORS
      • Table Other prominent vendors
  • Appendix
    • LIST OF ABBREVIATIONS
  • Explore Technavio

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