Ceramic Sanitary Ware Market size was valued at USD 57.03 billion in 2024 and is set to reach USD 130.54 billion by the end of 2037, registering around 6.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ceramic sanitary ware is assessed at USD 60.04 billion. The primary factor that is attributed for the market growth is the rising adoption of ceramic sanitary ware in the construction processes of buildings and other infrastructures. Thus, the high spending on construction is anticipated to expand the ceramic sanitary ware market size. As per recent statistics, the total spending in the U.S. construction sector was totaled to be around USD 2 trillion in 2020.
Ceramic sanitary wares combine several components and fixtures, including closets, wash basins, bathtubs, and sinks. The great advantage offered by ceramic sanitary wares such as easy maintenance, chemical and scratch resistance, along with its great affordability are propelling the usage of ceramic sanitary wares in the construction of infrastructures. As a result, the employment rate in the construction sector is anticipated to grow bringing lucrative growth opportunities for the ceramic sanitary ware market growth. As per 2021, there were almost 10 million construction workers in the United States, approximately 8% of the total working population.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.7% |
Base Year Market Size (2024) |
USD 57.03 billion |
Forecast Year Market Size (2037) |
USD 130.54 billion |
Regional Scope |
|
Application (Residential, Commercial)
The ceramic sanitary ware market is segmented and analyzed for demand and supply by application into residential and commercial. Out of these, the residential segment is expected to garner the highest market share by 2037, owing to large presence of residential properties across the globe. As per estimations, in 2020, there were almost 100 million single family homes in the U.S. Further, there were around 5 million multifamily residential buildings in the same period. Further, the residential segment is forecasted to gather the highest revenue due to the increased demand of houses by the burgeoning population. In 2020, it was calculated that 90% of the buildings in the U.S. were single family homes, with approximately 200 billion square feet.
Our in-depth analysis of the global market includes the following segments:
By Product Type |
|
By Technology |
|
By Application |
|
By Distribution Channel |
|
Regionally, the global ceramic sanitary ware market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2037, owing to the rapid expansion of construction industry and presence of leading market key players in the regions. The building construction industry in Asia Pacific is expected to reach USD 3 million by 2024, with a robust CAGR with 7%. Further, the high disposable income of burgeoning population in the Asia Pacific is expected to increase the demand of non-residential and residential building construction which is further anticipated to bloom the ceramic sanitary ware market. Lately, it was calculated that Asia Pacific was the largest region in the global nonresidential building construction market, accounting for 43% of the total in 2021, with a steady 9% CAGR.
Company Overview
Roca Sanitario, S.A has launched Ona, its new complete bathroom collection in a global event held streamed from the Joan Miró Foundation in Barcelona.
Kohler Co. has introduced four new products using touchless technology i.e. touchless bathroom faucet, modernlife touchless toilet, kumin touchless soap dispenser, and touchless kitchen faucet.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?