New York, November 16, 2021/PRNewswire/-Technavio's latest ceramic sanitary ware market research report concluded that the increase in bathroom renovation spending is driving the growth of the market.
From 2020 to 2025, the market has grown by USD 17.76 billion. For more information on the market, please check the free sample report.
It is expected that the market structure will remain fragmented during the forecast period. The report also provides information on some market vendors, including CERA Sanitaryware Ltd., Duravit AG, Geberit AG, HSIL Ltd., Kohler Co., LIXIL Corp., RAK Ceramics PJSC, Roca Sanitario SA, Toto Ltd., and Villeroy and Boch AG and others.
Suppliers are deploying growth strategies, such as expanding their global influence by establishing new manufacturing plants overseas and launching differentiated products to gain a competitive advantage.
Duravit AG-In June 2021, the company appointed Jurgen Beining as the head of Europe Plus.
View more information about the highlights of the market's supplier landscape through a comprehensive list of suppliers and their products.
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The Asia-Pacific region will achieve the highest growth rate of 71% among other regions. Therefore, the ceramic sanitary ware market in the Asia-Pacific region is expected to bring significant business opportunities to suppliers during the forecast period.
The growth of market share of ceramic sanitary ware in the Asia-Pacific region will be slower than that of the North American market.
Factors such as increased spending on toilets (especially toilet upgrades) and the expansion of production facilities of leading ceramic sanitary ware manufacturers in the Asia-Pacific region are accelerating the growth of the ceramic sanitary ware market in the Asia-Pacific region. To view our in-depth analysis of the micro and macro economic factors affecting companies in the region, click on the image above.
Download our free sample report to learn more about the key highlights of the regional market share in most of the aforementioned countries.
Promote the latest trends in the global ceramic sanitary ware market
The driving force of ceramic sanitary ware market:
In the overall expenditure of sanitary products, ceramic sanitary equipment accounts for about 30%-40% of the costs incurred. In addition, in the past five years, the average spending on sanitary products in emerging economies and developed economies has grown rapidly. Another macro factor driving the rise in average bathroom spending in emerging countries is rapid urbanization, changes in consumer lifestyles, and the latest developments in the field of interior decoration. These factors will drive market growth during the forecast period.
Ceramic bathroom market trends:
In the biological toilet, the biological digestion tank is made of steel. This gives three main advantages of biological toilets: they are environmentally friendly, reduce sewage problems and reduce water consumption. In addition, the water consumption of biological toilets is six times less than that of standard toilets.
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PVC pipe market by product and region-forecast and analysis for 2021-2025-PVC pipe market share is expected to increase by USD 5.12 billion from 2021 to 2025, and the market growth momentum will accelerate at a compound annual growth rate of 4.11% . Download an exclusive free sample report
The Indian HDPE pipe market by product and end user-2022-2026 forecast and analysis-It is estimated that the Indian HDPE pipe market share will increase by 301,270,000 tons from 2021 to 2026, and the market growth momentum will accelerate the compound annual growth The rate is 10.41%. Download an exclusive free sample report
Accelerate at a compound annual growth rate of 8.71%
Asia Pacific, North America, Europe, South America and MEA
China, India, the United States, Brazil and Japan
Leading company, competitive strategy, scope of consumer participation
CERA Sanitaryware Ltd., Colavene Spa, Doshi Ceramic Industries, Duravit AG, Eczacibasi Holdings co., Geberit AG, Golf Ceramics Ltd., HSIL Ltd., Ideal Standard International NV, Imex Ceramics UK Ltd., Jaquar Group, Kohler Co., LIXIL Corp., Orient Ceramics, RAK Ceramics PJSC, Roca Sanitario SA, Somany Ceramics Ltd., Toto Ltd., Villeroy and Boch AG
Mother market analysis, market growth incentives and obstacles, fast and slow growth market segment analysis, COVID-19 impact and future consumer dynamics, market conditions analysis during the forecast period
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