Low-Cost Countries Glass Shower Door and Bathtubs Market - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

A shower door and bathtub are an important component of shower enclosure. The area of bathtub and shower has a door, drainable base, faucets, and others. Glass shower door and bathtubs prevents scattering of water everywhere in the bathroom, it also blocks the cold air to enter into the area. Glass shower doors are installed between the walls, or sometimes at the middle of the washroom, built with a wall of glass. On the other hand, bathtubs are installed on the floor, and may or may not enclosed by a door. Glass shower doors and bathtubs usually have showers and taps.

There are varieties of lass shower doors, such as fixed door, pivot door, hinged doors, and sliding doors. Pivot and sliding doors are the best option for the small bathroom spaces. Moreover, the glass doors come in different types of frames. The framed have metal frame at all the sides, and are more budget friendly. Moreover, frameless are the modern models of the doors, that are almost invisible and have very thing yet sturdy glass. Apart from the door, there is also many types of glass available for the shower doors, that includes, clear, frosted, patterned, and printed.

On the other hand, there are also different types of bathtubs, that are used for serving some unique purposes. The commonly seen bathtubs in the market are free standing tubs, these are not connected to the walls. Moreover, alcove bathtubs, it has three-sided enclosures, and other options are corner tubs, and drop-in bathtubs.

Low-Cost Countries Glass Shower Door and Bathtubs Market: Key Insights

Low-Cost Countries Glass Shower Door and Bathtubs Market Size, Forecast, and Trend Highlights Over 2022 - 2033

The low-cost countries glass shower door and bathtubs market is estimated to garner a revenue of USD 8869 Million by the end of 2033 by growing at a CAGR of 6.28% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of USD 4589.5 Million in the year 2022. The growth of the market can be attributed to the rapid prevalence of urbanization. Higher urban areas are likely to grow the demand for modular bathroom at homes. There were only two urban areas with around ten million or more people, nearly 19 cities with between one and five million, and about 37 medium-sized cities with an urban population of 1 million. In addition, approximately 6% of the population of Brazil lives in favelas, making up nearly 89% of the country's total population. Furthermore, the urban population in Brazil is constantly increasing by around 1% every year.

In addition to these, factors that are believed to fuel the market growth of glass shower door and bathtubs in low cost countries include the rise in the constructional activities in the region which is to increase the number of bathroom construction and is likely to boost the demand for shower door and bathtubs. According to IBEF, by 2022, India was about to overtake China as the third-largest building market in the world. Additionally, the government allotted USD 1.89 billion to AMRUT and the Smart Cities Mission in the Union Budget 2021 to support programs like "Housing for All" and "Smart Cities Mission". Besides this, the market growth is also expected on the back of rise in the number of hotels in the region. Bathtubs are added to hotel room bathrooms to increase its aesthetic view. In the coming years, Indonesia's hotel industry is expected to expand by around 120 hotel projects and nearly 22,000 rooms. In 2022, around 21 new openings added about 3,000 new rooms to the system. In contrast, in 2023, just 13 new openings and nearly 2,400 new rooms are anticipated. However, an additional 61 schemes and over 12,000 keys have already been planned for 2024 and beyond.

Low-Cost Countries Glass Shower Door and Bathtubs Market: Growth Drivers and Challenges

Growth Drivers

• Growing Prevalence of Urbanization – Growing urbanization is expected to boost the need for modular washrooms installed with glass shower door and bathtubs to increase the allover aesthetic of homes.

• Rising Constructional Activities – Higher construction of houses and apartment is expected to propel the market growth. Between January and October 2022, over 1 million residential properties were sold in Turkey. The demand of residential property increased by around 7% since 2021.

• Rising Sales of Luxury Apartment – Luxury houses have the most luxurious washrooms. Moreover, there is a possibility to have a fancy washroom attached to each bedroom in the home. Luxury house sales in various tourist locations in Mexico reached over 11,000 units in 2021. Additionally, sales of lavish beachfront residences in Mexico are increased by over 32% at the end of 2022.  

• Growing Need for Hotels- Bathtubs are an essential addition to the luxury hotels. Moreover, glass shower door is also included in some mid-range hotels and rest-houses.  By late 2023, Kuala Lumpur's hotel occupancy in Malaysia is likely to reach 75%, following a major boost that began at the beginning of the year and reached 60% in August.

• High Durability of Frameless Shower Glass Door – The majority of glass showers include a metal frame that encircles the exterior of the shower. Frameless doors completely eliminate the use of metal. It increases the visual appealing and has sturdy glass that prevents any sort of damage. The hefty, tempered glass that makes up frameless glass panels is typically around 1/2 inch thick. The panels may weigh up to 80 pounds.

Challenges

• Availability of Low-cost Shower Curtain- a shower curtain is a simple and cheaper alternative of glass shower door. It gives enough privacy, and serves a practical purpose. They have been used by people in small bathroom spaces. They are sold in a range of hues, materials, and patterns. With glass doors, it is impossible to find shower curtains that match any color scheme, paint job, or wallpaper. The availability of vast variety of shower curtains are expected to hamper the market growth in the region.
• Higher Use of Screen Panels
• The Prices of Glass Shower Doors and Bathtubs are Expensive

Low-Cost Countries Glass Shower Door and Bathtubs Market Regional Synopsis

The India low-cost countries glass shower door and bathtubs  market, amongst the market in all the other regions, is projected to hold the largest market size of USD 2,679.3 Million by the end of 2033. It is expected to grow at a CAGR of 7.47% over the forecast period. The market in the region garnered a revenue of USD 1225.2 Million in 2022. The growth of the market can be attributed majorly to the increasing demand for more hotel occupancy in the country. India is continuing to develop more hotels. roughly 35,000 new rooms were being built in 2020, before Covid. When compared to 2020, the active development ratio has increased by at least 10%. Moreover, In the next five years, approximately 59,000 new rooms are being proposed across the nation, around 72% of these, or around 35,000 rooms, are in active development. Furthermore, rising investment by people in luxury properties is also expected to augment the market growth in the region. In 2022. around 67% of high net-worth individuals invested in a residential place with elegant, modern designs and interiors. Moreover, the luxury housing market increased from 7% in Q1 2019 to 12% of total sales in Q1 2022.

The Indonesia low-cost countries glass shower door and bathtubs market, amongst the market in all the other regions, is projected to hold the largest market size of USD 1,436.7 Million by the end of 2033. It is expected to grow at a CAGR of 6.86% over the forecast period. The market in the region garnered a revenue of USD 700.1 Million in 2022. The market growth in Indonesia is credited to faster pace of urbanization in the area followed by higher development of smart cities. More than 260 million people live in Indonesia, it is one of the nations with the fastest urbanization rates in the world. Indonesia now has around 94 cities, up from 50 before the urbanization trend began, along with larger urban areas. On the island of Java, the majority of these enlarged urban areas may be found, including the metropolises of Jakarta, Bandung, Surabaya, Semarang, Malang, Surakarta, and Yogyakarta. Moreover, up to 2033, Indonesia's urban population would grow by more than 3 million people every year. In addition to this, by 2033, Indonesia's urban population is expected to reach more than 200 million.

Top Featured Companies Dominating the Low-Cost Countries Glass Shower Door and Bathtubs Market

• PT Surya Toto Indonesia Tbk
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• Woven Gold
• Pakai Industries Berhad
• Reliance Home Sdn Bhd
• Duscholux AG
• Kinetic, SA de C.V.
• Blackline Showers
• Radaway Sp. Z o.o.
• Axell
• EL Sallab Group