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Faucet Market Size

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Report ID: 6049
Published Date: Nov 08, 2024
Report Format: PDF, PPT

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Faucet Market Size

Faucet Market size was valued at USD 23.86 billion in 2024 and is expected to reach USD 63.35 billion by 2037, expanding at around 7.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of faucet is assessed at USD 25.35 billion.

The faucet market is expected to see a surge in demand due to the growing trend of renovating and the ensuing use of fashionable and intelligent bathroom accessories. The Joint Center for Housing Centers of Harvard University reports that expenditure on home repair projects climbed from USD 328 billion in 2019 to USD 472 billion in 2022, with an anticipated USD 485 billion in spending in 2024.

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Faucet Market Size & Share, Growth Analysis 2037

Author Credits: Parul Atri

Report ID: 6049
Published Date: Nov 08, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of faucet is assessed at USD 25.35 billion.

The faucet market size was valued at USD 23.86 billion in 2024 and is expected to reach USD 63.35 billion by 2037, expanding at around 7.8% CAGR during the forecast period i.e., between 2025-2037. The market growth is owing to growing trend of renovating and the ensuing use of fashionable and intelligent bathroom accessories.

North America industry is anticipated to account for largest revenue share of 33% by 2037, impelled by rising substantial investments in home renovation and repair in the region.

The major players in the market include Kohler Co., Kraus, USA Plumbing LLC, American Standard Brands, Grohe America Inc., Pfister, Delta Faucet Company, Moen Incorporated, Aqua Source Inc., Danze Inc., BLANCO America, Inc., TOTO Ltd, Fortune Brand Home & Security Inc

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