Plumbing Fixtures & Fittings Market Size - Industry Trends & Outlook
Plumbing Fixtures & Fittings Market is estimated to be USD 39.17 billion by
2026 from USD 26.5 billion in 2019, at a CAGR of 5.74 % from 2020 to 2026. High
investment in infrastructure facilities, growing investment in smart homes and
buildings, and a rise in disposable income can fuel the plumbing fixtures
market development. Moreover, an increase in construction facilities in
countries of Asia-Pacific is likely to drive market growth. The outline of
various new systems comprising water-efficient systems is expected to create
lucrative opportunities in the plumbing fixtures market.
Plumbing Fixtures & Fittings Market
fixtures are the primary constituents used for numerous domestic and commercial
purposes, such as bathing, cleaning, washing, and others. Components of
plumbing fixtures include sink faucets, hand showers, showerheads, bath spouts,
and valves. The plumbing fixtures & Fittings market portrays a highly
competitive vendor landscape due to the presence of new players and
well-established companies. Most players are concentrating on refining their
product quality and facilitating product upgrades. They are also seeking
mergers & acquisitions and partnerships to improve their stance in the
plumbing fixtures & fittings market. The arrival of eco-friendly plumbing
solutions will be one of the critical plumbing fixtures and fitting market
drifts that will advance traction over the forecast period. Eco-friendly
plumbing solutions provide superior performance and help consumers save money,
diminishing the carbon footprint, and preventing the wastage of water and
Investments in Smart Homes
to the inclination of consumers to spend on numerous construction activities
and home renovations, the market for plumbing fixtures is probable to raise at
a faster pace. Bathroom makeovers and willingness to spend on excellent
fixtures such as showerheads and faucets supports the overall plumbing fixtures
Investment in Infrastructure Facilities
demand for plumbing fixtures and fittings to shape an actual water distribution
system and wastewater management are other factors expected to fuel growth of
the target market. Furthermore, the growing number of renovation operations
amid commercial and residential sectors is an added factor anticipated to
maintain the global market's revenue growth.
Cost of Raw Materials
raw materials used in plumbing fixtures are projected to vary from time to
time. The fixtures must follow to certification and standardization to confirm
safety and security. Moreover, the strict regulations imposed on the quality of
material such as lead, tin, and nickel to be used in the bathroom and kitchen
fixtures are likely to obstruct the market growth.
Impact of COVID-19 in industry
COVID-19 pandemic has made the effect on the Global Plumbing Fixtures &
Fittings market. Due to this virus, many companies in the Plumbing Fixtures
& Fittings market are forced to halt their manufacturing and production
operations. This break in proceedings of the business operations is directly
influencing the revenue flow of the Plumbing Fixtures & Fittings market. An
unusual period in history, the coronavirus pandemic has unchecked a series of
unprecedented events disturbing every industry. The Bathroom Fixtures &
Fittings market will be reset to a new normal which going forwards in a post
COVID-19 era will be continuously redefined and redesigned. Remaining on top of
trends and precise analysis is vital now more than ever to manage doubt, change
and uninterruptedly adapt to new and developing market conditions.
Plumbing Fixtures & Fittings Market: Segmentation
on product type segments, the bathroom and shower fixtures & fittings
section is expected to account for crucial shares of the worldwide market in
terms of income, which can be credited to increasing makeover activities amid
households well as commercial buildings.
the application segments, the non-residential segment is expected to record
substantial growth due to high requests for plumbing fixtures and fittings amid
many end-user applications such as restaurants, hotels, and other commercial
buildings for the excellent functioning of sewage and drainage systems.
the Global Plumbing Fixtures & Fittings Market has been divided into North
America, Europe, Asia Pacific, South America, and the Middle East &
Plumbing Fixtures & Fittings Market: Regional Insights
Asia Pacific market is probable to dominate the plumbing fixtures and fittings
market and continue its supremacy over the estimated period because of rising
construction activities globally. Besides, increasing demand for better homes
with necessities such as clean water, proper sewage system, etc., and
increasing population in emerging countries such as India and China may drive
the demand for plumbing fixtures and fittings. These are some added factors
likely to fuel the demand for plumbing fixtures and fittings, which in turn,
consequential in developing the target market in the region. The plumbing
fixtures and fittings market in North America is predictable to list
substantial growth due to growing remodeling activities among households coupled
with high disposable income.
leading players in the Plumbing Fixtures & Fittings Market include Geberit
AG (Switzerland), Fortune Brands Home & Security, Inc. (US), LIXIL Group
Corporation (Japan), Masco Corporation (US), TOTO LTD (Japan), Roca Sanitario,
S.A. (Spain), GWA Group Limited (Australia), Elkay Manufacturing Company (US),
Kohler Co. (US), Hindware Homes (India) and other prominent players.
Ø June 2020, LIXIL Group has
signed a memorandum with Arcland Sakamoto and LIXIL VIVA, as well as an
agreement with Arcland Sakamoto for a cash tender offer scheduled to be
conducted by Arcland Sakamoto for the common shares of LIXIL VIVA, a share
consolidation of the common shares of LIXIL VIVA, and a transfer of the shares
held by LIXIL Group via a buy-back by LIXIL VIVA. Through these steps, LIXIL
VIVA will become a wholly owned subsidiary of Arcland Sakamoto.
Ø April 2019, GWA Group Limited
completed the acquisition of Methven Limited, a leading taps and showers
innovator based in New Zealand.
of the Report
Historical data – 2016-2018
Base Year – 2019
2020 – 2026
Revenue in USD Billion
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil,
Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia .
By Product Type, By Application and By Region
Geberit AG (Switzerland), Fortune Brands Home & Security,
Inc. (US), LIXIL Group Corporation (Japan), Masco Corporation (US), TOTO LTD
(Japan), Roca Sanitario, S.A. (Spain), GWA Group Limited (Australia), Elkay
Manufacturing Company (US), Kohler Co. (US), Hindware Homes (India) and other
By Product Type
Ø Bathroom Fixtures
Ø Kitchen Fixtures
Ø Non- Residential
Ø North America
Ø Asia Pacific
Ø South America
Ø Middle East & Africa
The objective of the Study:
To analyze and estimate the Global Plumbing
Fixtures & Fittings Market size, in terms of value.
To examine the market segmentation carefully and
estimate the market size, in terms of value, based on the region by segmenting
the Global Plumbing Fixtures & Fittings Market into five regions, namely,
North America, Europe, Asia Pacific, Rest of the World and their leading
To outline, categorize and project the Global Plumbing
Fixtures & Fittings Market based on Product Type, Application and Region.
To examine competitive developments in product
and applications across different regions within the Global Plumbing Fixtures
& Fittings Market.
To highlight market dynamics such as drivers,
restraints, opportunities, and challenges and their impact.
To provide a detailed competitive landscape,
including major players, their strategic profiles, and market shares.
Business Questions Answered by the Report:
Ø How will the market drivers, restraints, and opportunities
affect the market dynamics?
Ø What will be the market size in terms of value and volume and
market statistics with a detailed classification?
Ø Which segment dominates the market or region, and which one will
be the fastest-growing, and why?
Ø Who are the key players in the market, and what is their share?
Ø What is the strategy adopted by key players, and how does it
affect the existing and new players?
Customization Scope for the Client:
Client satisfaction is our first and last priority, and that is
why BlueWeave Consulting offers customization as per client’s specific needs.
The following customization options are available for the report:
Ø Additional Company Information
Ø Detail Analysis of five additional companies
Ø Additional country analysis
Ø Detailed segment analysis