Global Shower Heads and Systems Market 2017-2021
About Shower Heads and Systems
Bathroom components used for shower purposes, including heads and systems, are considered as the target product. Shower heads are available in different installation types, finishes, materials, and designs. The shower systems comprise of panel shower systems and non-panel systems. The global shower heads and systems market has an immense potential to grow in the coming decade. This market possesses intense competition as enormous brands are competing to gain market shares.
Technavio’s analysts forecast the global shower heads and systems market to grow at a CAGR of 4.58% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global shower heads and systems 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:
Technavio Announces the Publication of its Research Report – Global Shower Heads and Systems Market 2017-2021
Technavio recognizes the following companies as the key players in the global shower heads and systems market: Kohler, LIXIL Group, Masco Corporation, Spectrum Brands, Rexnord Corporation, and Vigo Industries.
Other Prominent Vendors in the market are: akdyusa.com, BRIZO KITCHEN & BATH COMPANY, Elements of Design, Eczacıbaşı, Hindware Homes, Jaquar, Kingston Brass, Roca Sanitario, Wenzhou Rozin Sanitary Wares, Fortune Brands Home & Security, and water pik.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the marke is growing online sales of shower heads and systems. Online retailing is a growth opportunity for manufacturers to boost their sales of shower heads and systems, including both panel and non-panel systems. In 2016, the global business-to-consumer (B2C) e-commerce industry was valued at $1.97 trillion and will likely grow at a CAGR of 15.37% during the forecast period.”
According to the report, one driver in the marke is product innovation and wide product assortment. The shower heads and systems are available in different varieties due to the continuous innovation and product development by the vendors. Manufacturers believe in product differentiation, and they emphasize on developing new innovative products. Due to the changing lifestyle, growing trends, and preferences of the customer, they demand more modern and up-to-date trendy and innovative products. Design-savvy customers prefer to purchase modern-designed shower heads and systems that can enhance the bathroom look as well.
Further, the report states that one challenge in the marke is increase in raw material and labor costs. The manufacturers in the global shower heads and systems market face challenges in maintaining their production costs. Fluctuations in raw material prices and intense competition affect the profit margin of the manufacturer. Thus, it impacts the execution of proper product pricing strategy by the manufacturers. Bathroom products, such as faucets, shower heads, systems, and other plumbing-related products, are made of raw materials such as stainless steel, nickel, brass, and bronze.
Kohler, LIXIL Group, Masco Corporation, Spectrum Brands, Rexnord Corporation, and Vigo Industries, akdyusa.com, BRIZO KITCHEN & BATH COMPANY, Elements of Design, Eczacıbaşı, Hindware Homes, Jaquar, Kingston Brass, Roca Sanitario, Wenzhou Rozin Sanitary Wares, Fortune Brands Home & Security, and water pik.
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