South America Bathroom Vanities Market Forecast to 2028 – COVID-19 Impact and Analysis – by Material (Stone, Ceramic, Glass, Wood, and Metal) and Application (Residential and Commercial)

South America Bathroom Vanities Market Forecast to 2028 – COVID-19 Impact and Analysis – by Material (Stone, Ceramic, Glass, Wood, and Metal) and Application (Residential and Commercial)

The bathroom vanities market in SAM is expected to grow from US$ 697.88 million in 2021 to US$ 865.52 million by 2028. It is estimated to grow at a CAGR of 3.1% from 2021 to 2028.

The increasing rate of housing construction is one of the leading driving factors for the South America bathroom vanities market. The rise in housing completion can be attributed to the increasing population of locals and migrants in the region. Also, the bathroom vanities market is flourishing due to the rise in the number of renovations and remodeling activities of home interiors. Rising disposable income and increasing inclination toward modern bathroom amenities such as minimal bathroom accessories with larger space to keep towels, soap, apparel, and other necessary bathroom items boost the home interior renovation activities. Hence, the rising renovation and remodeling activities are driving the bathroom vanities market.

Furthermore, the demand for new houses is strongly affected by purchasing power of people in the region and the inclination toward smart and green buildings. People in developed countries prefer to construct or buy green buildings that efficiently use energy, water, and materials. Green buildings ensure good indoor air quality and minimize carbon footprints by using renewable energy sources. Rising green building projects and increasing purchasing power of consumers are accelerating the demand for bathroom vanities. Thus, the rising rate of housing completions in developed regions is one of the major factors driving the bathroom vanities market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the weather monitoring system market. The SAM bathroom vanities market is expected to grow at a good CAGR during the forecast period.

SAM Bathroom Vanities Market Revenue and Forecast to 2028 (US$ Million)

SAM Bathroom Vanities Market Segmentation

SAM Bathroom Vanities Market – By Material

Stone Ceramic Glass Wood Metal SAM Bathroom Vanities Market – By Application

Residential Commercial SAM Bathroom Vanities Market- By Country

Brazil Argentina Rest of SAMSAM Bathroom Vanities Market-Companies Mentioned

Caesarstone Foremost Groups, Inc.Inter IKEA Systems B.V.Kohler Co.Roca Sanitario, S.A.Wilsonart LLC

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