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 $10 billion in 2023 at a CAGR of 3% from 2023 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 global 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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sample by clicking on bathtub market.
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 helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
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: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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