Ceramic Sanitary Ware Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type 2030
WILMINGTON, DELAWARE, UNITED STATES, May 8, 2024 /EINPresswire.com/ -- Overview of the Market:
The ceramic sanitary ware sector encompasses a range of fittings and fixtures essential for sanitary and internal plumbing purposes. Items such as water closets, bathtubs, basins, and sinks are increasingly popular in this industry. These products are crafted from a diverse array of raw materials, with a significant portion being tri-axial compounds like quartz, feldspar, and clay.
Ceramic sanitary ware items offer cost efficiency, low maintenance requirements, and resilience against scratches and chemicals. Consequently, the numerous advantages of ceramic sanitary wares are fueling the expansion of the global market.
The global ceramic sanitary ware market was valued at $36,544.8 million in 2020, and is projected to reach $76,956.6 million by 2030, registering a CAGR of 7.5% from 2021 to 2030.
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Sanitary ware is one of the most fundamental necessities in residential, commercial, and public spaces. End users choose ceramic sanitary ware due to its longevity, high resilience, low maintenance requirements, and increased resistance to unfavorable environmental conditions.
As a result, the demand for sanitary ware items has increased in a variety of sectors, including households, hotels, businesses, hospitals, and other public spaces. For example, in South Africa, various upcoming major projects such as Limpopo Paledi Mall, Umhlanga Ridge Town Centre, Johannesburg Central Park, and many other projects that are expected to complete before 2025. Such construction activities are expected to create remunerative opportunities for the expansion of the ceramic sanitary ware market.
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Key Segments:
By Product -
WASH BASINS
OTHERS
Toilet sinks and Water closet
Urinals
By DISTRIBUTION CHANNEL -
Online
Offline
By End Use -
COMMERCIAL
RESIDENTIAL
Top Players:
Geberit Group, Kohler Co., TOTO Ltd., LIXIL Corporation, Roca Sanitario S.A., Villeroy&Boch AG, R.A.K. Ceramics, Duravit AG, Duratex S.A., and HASIL Ltd.
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Key Findings Of The Study
• The report provides an extensive analysis of the current and emerging ceramic sanitary ware market trends and dynamics.
• Depending on product type, the toilet sinks & water closets segment dominated the ceramic sanitary ware market, in terms of revenue in 2020.
• By end user, the residential segment registered highest revenue in 2020.
• Asia-Pacific is projected to register highest growth rate in the coming years.
• Key players within the ceramic sanitary ware market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand
competitive outlook of the ceramic sanitary ware industry.
• The report provides an extensive analysis of the current trends and emerging opportunities of the market.
• In-depth ceramic sanitary ware analysis is conducted by constructing estimations for the key segments between 2021 and 2030.
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