NEW YORK, Nov. 16, 2021 /PRNewswire/ -- The latest Ceramic Sanitary Ware Market research report by Technavio infers that the increasing expenditure on bathroom remodeling is driving this market's growth.
Resulting in a market growth of USD 17.76 billion from 2020 to 2025,
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The market structure is expected to remain fragmented during the forecast period. The report also offers information on several market vendors, including CERA Sanitaryware Ltd., Duravit AG, Geberit AG, HSIL Ltd., Kohler Co., LIXIL Corp., R.A.K Ceramics PJSC, Roca Sanitario SA, Toto Ltd., and Villeroy and Boch AG among others.
Vendors are deploying growth strategies such as expanding their global presence by establishing new manufacturing plants overseas and launching differentiated products to gain a competitive advantage.
Duravit AG - In June 2021, the company appointed Jurgen Beining as Head of Europe Plus.
View more about the market's vendor landscape highlights with a comprehensive list of vendors and their offerings.
Key Market Segmentation
Segmentation by Product:
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Regional Market Outlook
APAC will register the highest growth rate of 71% among the other regions. Therefore, the ceramic sanitary ware market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The ceramic sanitary ware market share growth in APAC will be slower than the growth of the market in North America.
Factors such as the increased expenditure on toilets (particularly upgrades of toilets) and the expansion of manufacturing facilities of leading ceramic sanitary ware manufacturers in APAC are accelerating the ceramic sanitary ware market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click on the image above.
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Latest Trends Driving the Global Ceramic Sanitary Ware Market
Ceramic Sanitary Ware Market Driver:
Among the overall expenditure on bathroom products, ceramic sanitary ware equipment accounts for around 30%-40% of the costs incurred. Moreover, the average amount spent on bathroom products has rapidly grown in both emerging and developed economies over the past five years. The other macro-level factors driving the rising average expenditure on bathrooms in emerging countries are rapid urbanization, changing consumer lifestyles, and the recent developments in the field of interior decoration. These factors will boost the market growth during the forecast period.
Ceramic Sanitary Ware Market Trend:
In bio-toilets, the bio digestion tank is made up of steel. This gives three main advantages of bio-toilets are that they are environment-friendly, reduce sewage problems, and diminish water consumption. Moreover, the water consumed by bio-toilets is six times lesser than the standard toilets.
Find additional information about various other market drivers & Trends mentioned in our FREE sample report.
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Ceramic Sanitary Ware Scope
Growth momentum & CAGR
Accelerate at a CAGR of 8.71%
Market growth 2021-2025
USD 17.76 billion
YoY growth (%)
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 71%
Key consumer countries
China, India, US, Brazil, and Japan
Leading companies, competitive strategies, consumer engagement scope
CERA Sanitaryware Ltd., Colavene Spa, Doshi Ceramic Industries, Duravit AG, Eczacibasi Holdings co., Geberit AG, Golf Ceramics Ltd., HSIL Ltd., Ideal Standard International NV, Imex Ceramics UK Ltd., Jaquar Group, Kohler Co., LIXIL Corp., Orient Ceramics, R.A.K Ceramics PJSC, Roca Sanitario SA, Somany Ceramics Ltd., Toto Ltd., Villeroy and Boch AG
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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