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Water Sink Market - By Product Type (Fixed Water Sink, Portable Water Sink), By Installation Type (Drop-in, Under Mount, Workstation Sinks, Others [Bar Sinks etc.]), By Material, By Configuration, By Application, By Distribution Channel, Forecast 2024 - 2

Publisher Global Market Insights
Published Mar 26, 2024
Length 320 Pages
SKU # GMI18979762

Description

Water Sink Market - By Product Type (Fixed Water Sink, Portable Water Sink), By Installation Type (Drop-in, Under Mount, Workstation Sinks, Others [Bar Sinks etc.]), By Material, By Configuration, By Application, By Distribution Channel, Forecast 2024 - 2032


Global Water Sink Market will witness 5.6% CAGR between 2024 and 2032, driven by the introduction of innovative products by leading companies. These companies are continuously launching new and improved water sink designs that cater to the evolving needs of consumers. With features such as eco-friendly materials, water-saving mechanisms, and sleek designs, these sinks are becoming increasingly popular in both residential and commercial settings. For instance, in February 2024, Kohler introduced Cairn kitchen sinks in India, marking its entry into the Indian kitchen sinks market and underscoring its dedication to innovation and excellence in both bathspace and kitchen solutions.

The rising awareness about sustainability and water conservation further amplifies this demand as consumers seek environmentally friendly options. Moreover, technological advancements, such as touchless faucets and smart sink systems, are reshaping the market landscape. As a result, the water sink market is experiencing robust growth, propelled by the innovation and competitiveness of leading companies.

The overall Water Sink Industry is classified based on product type, installation type, material, configuration, application, distribution channel, and region.

The under-mount segment will undergo rigorous development from 2024 to 2032. Under-mount sinks are becoming increasingly popular due to their sleek and modern design, which seamlessly integrates with kitchen countertops for a clean and stylish look. These sinks also offer practical benefits, such as easier cleaning and increased counter space. As homeowners and designers seek to enhance the aesthetic appeal and functionality of kitchens, the demand for under-mount sinks continues to grow. Their popularity reflects a trend towards minimalist and contemporary kitchen designs, driving the market for under-mount sinks upward.

The water sink market share from the portable water sink segment will register a notable CAGR from 2024 to 2032. Portable water sinks offer convenience and flexibility in various settings, including outdoor events, construction sites, and temporary workspaces. These sinks, equipped with water tanks and pumping systems, provide users with access to clean water for handwashing and other hygiene purposes without requiring a fixed plumbing connection. As hygiene and sanitation become paramount concerns, especially in remote or temporary locations, the demand for portable water sinks continues to grow, reflecting the need for practical and accessible solutions to maintain cleanliness and health.

North America water sink market will showcase a commendable CAGR from 2024 to 2032. With a robust construction and renovation industry, the region witnesses substantial demand for sinks in residential, commercial, and industrial sectors. Moreover, changing consumer preferences towards modern and innovative kitchen and bathroom designs contribute to this demand. Features such as smart faucets, durable materials, and eco-friendly designs are particularly sought after. Additionally, the increasing awareness of water conservation and hygiene standards further boosts demand. As a result, the water sink market in North America continues to grow steadily, reflecting the region's evolving lifestyle trends and infrastructure needs.

Table of Contents

320 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates & calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Water sink industry 360 degree synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor 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
3.1.7 Retailers
3.2 Technological overview
3.3 Regulatory landscape
3.4 Raw material analysis
3.5 Industry impact forces
3.5.1 Growth drivers
3.5.1.1 Rising urbanization and construction activities
3.5.1.2 Advancements in technology
3.5.2 Industry pitfalls & challenges
3.5.2.1 Low price alternatives
3.5.2.2 Increasing prices of raw materials
3.5.2.3 Changing consumer preferences and trends
3.6 Growth potential analysis
3.7 Porter's analysis
3.7.1 Supplier power
3.7.2 Buyer power
3.7.3 Threat of new entrants
3.7.4 Threat of substitutes
3.7.5 Industry rivalry
3.8 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix
Chapter 5 Water Sink Market Estimates & Forecast, By Product Type (USD Billion) (Thousand Units)
5.1 Key trends
5.2 Fixed water sink
5.3 Portable water sink
Chapter 6 Water Sink Market Estimates & Forecast, By Installation Type (USD Billion) (Thousand Units)
6.1 Key trends
6.2 Drop-in
6.3 Under mount
6.4 Workstation sinks
6.5 Others (Bar sinks etc.)
Chapter 7 Water Sink Market Estimates & Forecast, By Material (USD Billion) (Thousand Units)
7.1 Key trends
7.2 Stainless steel
7.3 Granite/Quartz
7.4 Cast iron sink
7.5 Fireclay sink
7.6 Others (Copper Sinks etc.)
Chapter 8 Water Sink Market Estimates & Forecast, By Configuration (USD Billion) (Thousand Units)
8.1 Key trends
8.2 Single bowl sink
8.3 Double bowl sink
Chapter 9 Water Sink Market Estimates & Forecast, By Application (USD Billion) (Thousand Units)
9.1 Key trends
9.2 Residential
9.3 Commercial
Chapter 10 Water Sink Market Estimates & Forecast, By Distribution Channel (USD Billion) (Thousand Units)
10.1 Key trends
10.2 Direct sales
10.3 Indirect sales
Chapter 11 Water Sink Market Estimates & Forecast, By Region (USD Billion) (Thousand Units)
11.1 Key trends, by region
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 South Korea
11.4.5 Australia
11.4.6 Rest of Asia Pacific
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Argentina
11.5.4 Rest of Latin America
11.6 MEA
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 South Africa
11.6.4 Rest of MEA
Chapter 12 Company Profiles
12.1 Acorn Engineering Company, Inc.
12.2 Carysil
12.3 CERA
12.4 Duravit AG
12.5 Elkay Manufacturing Company
12.6 Franke Group
12.7 GROHE Pacific Pte Ltd.
12.8 Hindware Appliances
12.9 Kohler Co.
12.10 Kraus Plumbing LLC
12.11 LEFTON
12.12 LIXIL Corporation
12.13 Pelham & White Corp.
12.14 Ruvati
12.15 Sinkology

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