End User (Residential, Non-Residential)
The residential segment in the plumbing fixtures market is expected to garner the highest growth of 56 % in the upcoming years. The increasing number of residential buildings is surging the requirement for plumbing fixtures in order to have luxury experiences. The new concepts and healthier technologies for homes in smart cities are forecasted to elevate the segment’s growth.
Product (Toilet, Faucets & Taps, Bathtub & Shower, Fixtures, Sink Fixtures)
Plumbing fixtures market from the bathtubs & shower segment is attributed to garner the highest growth with a share of 32% by the end of 2037. Bathtubs & showers are used by a large number of nonresidential buildings such as hotels, gymnasiums, or spa resorts in order to provide a better experience to their customers. In addition, the bathtubs & showers are placed in nearly every room rather than only one for the whole building. For instance, there are 17.8 million rooms in 187,000 hotels around the world.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Shweta Patidar
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