
NEW YORK, Oct. 20, 2022 /PRNewswire/ -- The global faucet market is fragmented, with the presence of a large number of players. In addition, the unorganized sector in emerging economies dilutes the market share of global players in the region. To tackle this and maintain competitiveness, organized players are focusing on product differentiation through technological advancements as well as pricing their products at lower rates. The vendors in the market are also focusing on launching products with longer lifecycles and increasing the cost of switching between the products. The competitive environment in this market is likely to strengthen with an increase in technological innovations and product development.
The global faucet market size is expected to grow by USD 12.35 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 8.5% during the forecast period, according to Technavio.
The report offers an up-to-date analysis of the current market scenario and the overall market environment. Request Latest FREE PDF Sample Report
Faucet Market 2022-2026: Segmentation
- End-user
- Residential
- Non-residential
The faucet market share growth in the residential segment will be significant during the forecast period. Urban infrastructure development is on the rise owing to the increase in population worldwide and favorable regulatory support from various governments and related bodies for construction projects. Even large urban centers are sprawling and getting bigger. By 2050, the global urban population is expected to double. This phenomenon is driving growth in the construction of residential buildings.
- Technology
- Cartridge
- Compression
- Ceramic Disc
- Ball
- Geography
- North America
- APAC
- Europe
- Middle East And Africa
- South America
33% of the market's growth will originate from North America during the forecast period. The increased spending on construction and infrastructural projects will facilitate the faucet market's growth in North America over the forecast period. Buy Full Report
Faucet Market 2022-2026: Scope
The faucet market report covers the following areas:
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Faucet Market 2022-2026: Vendor Analysis
American Faucet and Coatings Corp, BRIZO KITCHEN and BATH CO, Delta Faucet Co, Eczacibasi Holding AS, Elkay Manufacturing Co., Geberit AG, Globe Union Industrial Corp., Hindware Ltd, Kohler Co., Kraus USA Inc, KWC Group AG, LIXIL Corp, Oras Ltd, Roca Corporacion Empresarial SA, ROHL LLC, Spectrum Brands Holdings Inc., THG, Toto Ltd, Villeroy and Boch AG, and Wenzhou Yutong Technology Co.Ltd are among some of the major market participants.
This report provides a full list of key vendors, their strategies, and the latest developments. Request a FREE PDF Sample Now
Faucet Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist faucet market growth during the next five years
- Estimation of the faucet market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the faucet market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of the faucet market, vendors
Related Reports:
Residential Faucets Market by Application and Geography – Forecast and Analysis 2022-2026: This report extensively covers market segmentation by application (bathroom faucets and kitchen faucets) and geography (North America, APAC, Europe, the Middle East and Africa, and South America). 33% of the market's growth will originate from North America during the forecast period. The market share growth in the bathroom faucets segment will be significant.
Global Filtered Water Faucets and Faucet Systems Market 2018-2022: This report extensively covers market segmentation by application (commercial and residential), distribution channel (offline and online), product (filtered water faucets and filtered water faucet systems), and geography (the Americas, APAC, and EMEA). The majority of the market's growth will originate from North America during the forecast period. The market share growth in the commercial segment will be significant.
Faucet Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.5% |
Market growth 2022-2026 |
USD 12.35 billion |
Market structure |
Fragmented |
YoY growth (%) |
8.02 |
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
Performing market contribution |
North America at 33% |
Key consumer countries |
US, China, Japan, Russia, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
American Faucet and Coatings Corp, BRIZO KITCHEN and BATH CO, Delta Faucet Co, Eczacibasi Holding AS, Elkay Manufacturing Co., Geberit AG, Globe Union Industrial Corp., Hindware Ltd, Kohler Co., Kraus USA Inc, KWC Group AG, LIXIL Corp, Oras Ltd, Roca Corporacion Empresarial SA, ROHL LLC, Spectrum Brands Holdings Inc., THG, Toto Ltd, Villeroy and Boch AG, and Wenzhou Yutong Technology Co.Ltd |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 27: Chart on Comparison by End-user
- Exhibit 28: Data Table on Comparison by End-user
- 5.3 Residential - Market size and forecast 2021-2026
- Exhibit 29: Chart on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 5.4 Non-residential - Market size and forecast 2021-2026
- Exhibit 33: Chart on Non-residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Non-residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Non-residential - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Non-residential - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by End-user
- Exhibit 37: Market opportunity by End-user ($ million)
6 Market Segmentation by Technology
- 6.1 Market segments
- Exhibit 38: Chart on Technology - Market share 2021-2026 (%)
- Exhibit 39: Data Table on Technology - Market share 2021-2026 (%)
- 6.2 Comparison by Technology
- Exhibit 40: Chart on Comparison by Technology
- Exhibit 41: Data Table on Comparison by Technology
- 6.3 Cartridge - Market size and forecast 2021-2026
- Exhibit 42: Chart on Cartridge - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Cartridge - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Cartridge - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Cartridge - Year-over-year growth 2021-2026 (%)
- 6.4 Compression - Market size and forecast 2021-2026
- Exhibit 46: Chart on Compression - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Compression - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Compression - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Compression - Year-over-year growth 2021-2026 (%)
- 6.5 Ceramic disc - Market size and forecast 2021-2026
- Exhibit 50: Chart on Ceramic disc - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Ceramic disc - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Ceramic disc - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Ceramic disc - Year-over-year growth 2021-2026 (%)
- 6.6 Ball - Market size and forecast 2021-2026
- Exhibit 54: Chart on Ball - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Ball - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Ball - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Ball - Year-over-year growth 2021-2026 (%)
- 6.7 Market opportunity by Technology
- Exhibit 58: Market opportunity by Technology ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 60: Chart on Market share by geography 2021-2026 (%)
- Exhibit 61: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 62: Chart on Geographic comparison
- Exhibit 63: Data Table on Geographic comparison
- 8.3 North America - Market size and forecast 2021-2026
- Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.4 APAC - Market size and forecast 2021-2026
- Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.5 Europe - Market size and forecast 2021-2026
- Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 76: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.7 South America - Market size and forecast 2021-2026
- Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.8 US - Market size and forecast 2021-2026
- Exhibit 84: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.9 China - Market size and forecast 2021-2026
- Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.10 Japan - Market size and forecast 2021-2026
- Exhibit 92: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 8.11 Russia - Market size and forecast 2021-2026
- Exhibit 96: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 97: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 98: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 8.12 UK - Market size and forecast 2021-2026
- Exhibit 100: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 101: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 102: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 103: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 104: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2021 and 2026
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 108: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 109: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 11.3 Delta Faucet Co
- Exhibit 111: Delta Faucet Co - Overview
- Exhibit 112: Delta Faucet Co - Product / Service
- Exhibit 113: Delta Faucet Co - Key offerings
- 11.4 Eczacibasi Holding AS
- Exhibit 114: Eczacibasi Holding AS - Overview
- Exhibit 115: Eczacibasi Holding AS - Product / Service
- Exhibit 116: Eczacibasi Holding AS - Key offerings
- 11.5 Elkay Manufacturing Co.
- Exhibit 117: Elkay Manufacturing Co. - Overview
- Exhibit 118: Elkay Manufacturing Co. - Product / Service
- Exhibit 119: Elkay Manufacturing Co. - Key offerings
- 11.6 Globe Union Industrial Corp.
- Exhibit 120: Globe Union Industrial Corp. - Overview
- Exhibit 121: Globe Union Industrial Corp. - Product / Service
- Exhibit 122: Globe Union Industrial Corp. - Key offerings
- 11.7 Kohler Co.
- Exhibit 123: Kohler Co. - Overview
- Exhibit 124: Kohler Co. - Product / Service
- Exhibit 125: Kohler Co. - Key news
- Exhibit 126: Kohler Co. - Key offerings
- 11.8 LIXIL Corp
- Exhibit 127: LIXIL Corp - Overview
- Exhibit 128: LIXIL Corp - Business segments
- Exhibit 129: LIXIL Corp - Key offerings
- Exhibit 130: LIXIL Corp - Segment focus
- 11.9 Roca Corporacion Empresarial SA
- Exhibit 131: Roca Corporacion Empresarial SA - Overview
- Exhibit 132: Roca Corporacion Empresarial SA - Product / Service
- Exhibit 133: Roca Corporacion Empresarial SA - Key news
- Exhibit 134: Roca Corporacion Empresarial SA - Key offerings
- 11.10 Spectrum Brands Holdings Inc.
- Exhibit 135: Spectrum Brands Holdings Inc. - Overview
- Exhibit 136: Spectrum Brands Holdings Inc. - Business segments
- Exhibit 137: Spectrum Brands Holdings Inc. - Key news
- Exhibit 138: Spectrum Brands Holdings Inc. - Key offerings
- Exhibit 139: Spectrum Brands Holdings Inc. - Segment focus
- 11.11 THG
- Exhibit 140: THG - Overview
- Exhibit 141: THG - Key offerings
- 11.12 Toto Ltd
- Exhibit 142: Toto Ltd - Overview
- Exhibit 143: Toto Ltd - Business segments
- Exhibit 144: Toto Ltd - Key news
- Exhibit 145: Toto Ltd - Key offerings
- Exhibit 146: Toto Ltd - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 147: Inclusions checklist
- Exhibit 148: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 149: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 150: Research methodology
- Exhibit 151: Validation techniques employed for market sizing
- Exhibit 152: Information sources
- 12.5 List of abbreviations
- Exhibit 153: List of abbreviations
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