Uploaded on Jul 5, 2024
According to the latest research report by IMARC Group, The global faucet market size reached US$ 29.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 53.7 Billion by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032. More Info:- https://www.imarcgroup.com/faucet-market
Faucet Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
Global Faucet Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Accord ing to the la tes t repor t by IMARC Group, t i t led "Faucet Market : Global Industry Trends, Share , S ize , Growth, Opportuni ty and Forecast 2024-2032," the g loba l fauce t marke t s ize reached US$ 29 .0 B i l l i on in 2023. Fauce ts a re p lumbing f i x tu res tha t a re used for con t ro l l ing the f low o f f lu ids . Report They a re commonly ins ta l led in k i tchens, washrooms and o ther a reas that requ i re a s teady supp ly o f wate r a t regu la r in te rva ls . These dev ices cons is t Highlight and of a spou t , hand le , ca r t r idge , mix ing chamber , aera tor and an in le t source . Wide ly ava i lab le in a vast ar ray o f co lo rs , s ty les , meta ls and f in ishes, they Description can be customized as per the requ i rements o f the end users . These f ix tures are usua l ly manufactured us ing s tee l , b rass, d ie -cast z inc and chrome- p la ted p las t i c that can be ava i lab le in pu l l -down, pu l l -ou t , hands- f ree , bar , po t and s ide spray var iants . Request for a PDF sample of th is report : ht tps : / /www. imarcgroup.com/ faucet -market / requestsample Report Description Global Faucet Market T rends: The g loba l marke t i s ma jo r l y d r i ven by the rap id expans ion o f t he res iden t ia l sec to r . W i th rap id u rban iza t ion and the in f la t ing d i sposab le income leve l s o f t he m asses , t he re has been a cons ide rab le r i se in t he demand f o r good-qua l i t y and aes t he t i ca l l y appea l ing fauce ts ac ross the g lobe . Th is i s a lso suppor t ed by t he i nc reas ing demand f o r r enova t ing and re f u rb i sh ing ac t i v i t i es in t he res iden t i a l and commerc ia l segmen ts . Moreover , t he sh i f t i ng l i f es t y le p re fe rences o f t he masses have a lso led t o cons ide rab le g rowt h in t he hosp i ta l i t y sec to r . Th is i s con t r ibu t ing to the w idespread requ i remen t f o r l uxu r ious and ergonomica l l y des igned ba throoms , wh ich i s ac t i ng as a ma jo r g rowt h- induc ing fac to r . The m arke t i s f u r ther d r i ven by t he in t r oduc t i on o f t ouch - f r ee , d ig i t a l and hybr id smar t f auce ts in t he marke t t ha t a re in t eg ra ted w i th sensors and tempera tu re gauges to enhance t he exper ience o f t he users . Some o f t he o t her f ac to r s con t r ibu t ing to t he marke t g rowt h inc lude easy p roduc t ava i lab i l i t y t h rough on l ine re t a i l channe ls and the aggress ive p romot iona l ac t i v i t i es by numerous vendors . Look ing forward , the market i s an t i c i pated to g row at a CAGR o f 6 .9% dur i ng 2024-2032 . V i ew Report TOC, F igures and Tab les : h t tps: / / www. i marcgroup .com/ faucet -market Breakup by Type: • One Hand Mixer • Two Hand Mixer • Others Breakup by Application: • Bathroom • Kitchen Report • Others Segmentation Breakup by Technology: • Cartr idge • Compress ion • Ceramic Disc • Bal l Breakup by Materials: • Metal • Plast ics Breakup by Distribution Channel: • Online • Offl ine Breakup by End User: Report • Resident ia l • Commercial Segmentation • Industr ia l Breakup by Region: • North America • Asia-Pacifi c • Europe • Lat in America • Middle East and Afr ica • American Standard Brands (Lix i l Group) • Colston Bath • Delta Faucet Company (Masco Corporat ion) • Franke Holding AG (Artemis Holding AG) Competitive • Gerber P lumbing Fixtures LLC (Globe Union Landscape Group Inc. ) • Grohe America Inc. with Key • Jaquar Players • Kohler Co. • Moen Incorporated (Fortune Brands Home & Securi ty Inc.) • Toto Ltd. • Vi l leroy & Boch Aktiengesel lschaft. What was the size of the global faucet market in 2023? What is the expected growth rate of the global faucet market during 2024-2032? What are the key factors driving the global faucet market? Key Questions What has been the impact of COVID-19 on the global faucet market? Answered in What is the breakup of the global faucet market based on the type? the Report What is the breakup of the global faucet market based on the application? What is the breakup of the global faucet market based on the technology? What is the breakup of the global faucet market based on the materials? What is the breakup of the global faucet market based on the distribution channel? What is the breakup of the global faucet market based on the end user? Key What are the key regions in the global faucet market? Questions Answered in Who are the key players/companies in the global faucet market? the Report 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l F a u c e t M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y T y p e 6 . 1 O n e H a n d M i x e r 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 T w o H a n d M i x e r 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 O t h e r s 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y A p p l i c a t i o n 7 . 1 B a t h r o o m 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 K i t c h e n 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 O t h e r s 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y T e c h n o l o g y 8 . 1 C a r t r i d g e Table of 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 C o m p r e s s i o n 8 . 2 . 1 M a r k e t T r e n d s Contents 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 C e r a m i c D i s c 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 2 M a r k e t F o r e c a s t 8 . 4 B a l l 8 . 4 . 1 M a r k e t T r e n d s 8 . 4 . 2 M a r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y M a t e r i a l s 9 . 1 M e t a l 9 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 2 M a r k e t F o r e c a s t 9 . 2 P l a s t i c s 9 . 2 . 1 M a r k e t T r e n d s 9 . 2 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m / f a u c e t -m a rke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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