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Bathroom Furniture Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032

Publisher Global Market Insights
Published Nov 19, 2024
Length 230 Pages
SKU # GMI19503561

Description

Bathroom Furniture Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032


The Global Bathroom Furniture Market reached USD 21.3 billion in 2023 and is projected to grow at a CAGR of 6.2% between 2024 and 2032. The market's growth is fueled by advancements in industrial automation and manufacturing, which enhance production efficiency, reduce costs, and ensure consistent quality. Technologies such as CNC machines and 3D printing enable intricate designs and customization, allowing manufacturers to quickly adapt to shifting consumer preferences.

The market is segmented by product type, including bath vanity, console vanity, vanity tops, and bathroom mirrors. In 2023, the bath vanity segment led the market, generating USD 6.9 billion. This segment is expected to maintain steady growth at a CAGR of 6.4% during 2024-2032. Bath vanities are increasingly popular for combining practicality and aesthetic appeal, offering countertops, sinks, and storage options in a single unit. With diverse materials, styles, and finishes available, bath vanities cater to a wide range of consumer preferences, from classic designs to modern, eco-friendly solutions.

In terms of distribution channels, the market is divided into online and offline segments. Offline sales dominated in 2023, accounting for 66.8% share, with an anticipated CAGR of 6.7% during 2024-2032. Physical stores remain a critical component of the market, as many consumers prefer in-person product inspections to assess quality and fit. Home improvement retailers and specialty stores provide personalized advice, design recommendations, and immediate access to products, attracting buyers seeking tailored solutions and quick installations.

U.S. bathroom furniture market contributed USD 3.9 billion in 2023 and is expected to grow at a CAGR of 6.5% through 2032. This growth is driven by increasing home renovation trends, rising expenditure on home improvement, and a growing demand for luxurious bathroom spaces. Consumers are investing in premium-quality furniture such as vanities, mirrors, and storage units to create functional yet stylish bathrooms. Additionally, the focus on sustainability and eco-friendly materials is influencing purchasing decisions. With the resurgence of the housing market and a surge in remodeling activities, the bathroom furniture market in the U.S. is poised for significant expansion.

Table of Contents

230 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factors affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Increased industrial automation and manufacturing expansion
3.6.1.2 Rising demand for durable and high-performance hoses
3.6.1.3 Growth in the construction and infrastructure sectors
3.6.2 Industry pitfalls & challenges
3.6.2.1 Fluctuating raw material prices
3.6.2.2 Regulatory compliance and environmental standards
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type, 2021 – 2032, (USD Billion) (Million Units)
5.1 Key trends
5.2 Bath vanity
5.3 Console vanity
5.4 Vanity tops
5.5 Bathroom mirrors
5.6 Other
Chapter 6 Market Estimates & Forecast, By Material, 2021 – 2032, (USD Billion) (Million Units)
6.1 Key trends
6.2 Glass
6.3 Ceramic
6.4 Stone
6.5 Wood
6.6 Others
Chapter 7 Market Estimates & Forecast, By Price Range, 2021 – 2032, (USD Billion) (Million Units)
7.1 Key trends
7.2 Low
7.3 Medium
7.4 High
Chapter 8 Market Estimates & Forecast, By Application, 2021 – 2032, (USD Billion) (Million Units)
8.1 Key trends
8.2 Residential
8.3 Commercial
8.4 Others
Chapter 9 Market Estimates & Forecast, By Distribution Channel, 2021 – 2032, (USD Billion) (Million Units)
9.1 Key trends
9.2 Online
9.3 Offline
Chapter 10 Market Estimates & Forecast, By Region, 2021 – 2032, (USD Billion) (Million Units)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.6 MEA
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 South Africa
Chapter 11 Company Profiles
11.1 American Woodmark Corporation
11.2 Duravit AG
11.3 Geberit Group
11.4 Hansgrohe SE
11.5 Ideal Standard International
11.6 Jaquar Group
11.7 Kohler Co.
11.8 LIXIL Corporation
11.9 Masco Corporation
11.10 Porcelanosa Group
11.11 Roca Group
11.12 Roper Rhodes Ltd.
11.13 ROYO Group
11.14 TOTO Ltd.
11.15 Villeroy & Boch

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