LUCINTEL FORECASTS THE GLOBAL BATHTUB MARKET TO REACH $12 BILLION BY 2030
LUCINTEL FORECASTS THE GLOBAL BATHTUB MARKET TO REACH $12 BILLION BY 2030
Blog Article
According to a market report by Lucintel, the future of the global bathtub market looks promising with opportunities in the residential and non-residential. The global bathtub market is expected to reach an estimated $12 billion by 2030 from $9.9 billion in 2023, at a CAGR of 3% from 2024 to 2030. The major drivers for this market are rise in housing completion, increasing demand for luxury plumbing fixtures, and rise in household income
Browse 89 figures / charts and 76 tables in this 181 -page report to understand trends, opportunity and forecast in bathtub market to 2030 by product (standard bathtub and whirlpool bathtub), material (acrylic, cast iron, fiberglass, and others), shape (square, oval, rectangle and others) end use (residential and non-residential), and by region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that the whirlpool bathtub segment will show above average growth during the forecast period.
Within the global bathtub market, the residential segment is expected to remain the largest segment. Increasing demand for urban housing along with increasing household income will stimulate bathtub demand over the forecast period.
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APAC is expected to remain the largest market during the forecast period mainly due to major investments in residential and non-residential construction activities and increasing per capita income in developing nations.
Lixil Corporation, Kohler, Toto, Roca, Jacuzzi are the major suppliers in the bathtub market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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