Kitchen sinks market size to grow by USD 533.96 million from 2021 to 2026: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

NEW YORK, Jan. 16, 2023 /PRNewswire/ -- The global kitchen sinks market size is estimated to increase by USD 533.96 million from 2021 to 2026. The market's growth momentum will accelerate at a CAGR of 3.37% during the forecast period, according to Technavio. - Request a sample report

Global kitchen sinks market – Vendor analysis
Vendor offerings -

• BLANCO GmbH and Co. KG – The company offers kitchen sinks made of stainless steel and anti-scratch brushed finish.
• Dornbracht AG and Co. KG - The company offers kitchen sinks such as Glazed steel sinks, Matte stainless steel, and Polished stainless steel.
• FRANKE Holding AG - The company offers kitchen sinks such as undermount sinks and topmount sinks.
• Kohler Co. - The company offers a wide range of kitchen sinks such as Whitehaven, Prolific, and Gilford.
• For details on vendors and their offerings – Buy the report!

Vendor landscape –

The global kitchen sinks market is fragmented, with the presence of several established vendors. A few prominent vendors that offer kitchen sinks in the market are Acrysil Ltd., BLANCO GmbH and Co. KG, Dornbracht AG and Co. KG, Elkay Manufacturing Co., Fletcher Building Ltd., FRANKE Holding AG, Futura Kitchen sinks Ind Pvt Ltd., JOMOO Kitchen and Bath Co. Ltd., JULIEN Inc., Kohler Co., Kovinoplastika Loz d.o.o., Kraus USA Inc., Moen Inc., Roca Sanitario SA, Ruvati, Schock GmbH, TEKA INDUSTRIAL S.A., VIGO INDUSTRIES LLC., Whitehaus Collection, and Zuhne and others.

Companies adopt various marketing strategies to increase their market share. Partnerships and acquisitions of new brands allow leading competitors to maintain their presence in the market. Moreover, many global players are expected to expand their presence across the world during the forecast period.

Global kitchen sinks market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Global kitchen sinks market - Segmentation assessment

Segment overview
Technavio has segmented the market based on end-user (residential and commercial). 

• The residential segment will grow at a significant rate during the forecast period, especially in APAC and North America. APAC has a large number of developing economies. Governments across countries such as India, Qatar, the United Arab Emirates (UAE), and Nigeria are investing in residential construction, which will increase the demand for home furnishing products in the next few years. These factors will drive the growth of the segment during the forecast period.

Geography overview
Based on geography, the global kitchen sinks market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global kitchen sinks market.

• North America will account for 34% of the market's growth during the forecast period. The US is a key country for the kitchen sinks market in the region. Moreover, market growth in this region will be faster than the growth of the market in other regions. The rising number of residential construction activities will drive the kitchen sinks market growth in North America during the forecast period.

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Global kitchen sinks market – Market dynamics

Leading drivers - The growing global residential building construction market is driving the kitchen sinks market growth. APAC has contributed significantly to the global residential building construction market due to rapid urbanization and growing disposable income. Houses are considered long-term assets, and owners can rent the house as rent is a non-detectible expense. This, in turn, will fuel the kitchen sinks market growth during the forecast period.

Key trends - The emerging growth of semi-recessed sinks is a key trend in the market. A semi-recessed sink combines the features of an undermount sink and the contemporary appearance of a kitchen sink. It is designed to save space on kitchen counters. Moreover, semi-recessed sinks are easy to clean. Such advantages will support the kitchen sinks market growth during the forecast period.

Major challenges - Fluctuations in raw material prices are challenging the market growth. Most raw materials are obtained on the basis of purchase orders. Therefore, any change in raw material prices can adversely affect the production cost of kitchen sinks. High prices of materials also lead to a reduction in sales, which affects the profit margins of vendors. Such factors can hinder the growth of the kitchen sinks market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this kitchen sinks market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the kitchen sinks market between 2022 and 2026
• Precise estimation of the size of the kitchen sinks market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the kitchen sinks market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of kitchen sinks market vendors

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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 Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Residential - Market size and forecast 2021-2026
• Exhibit 28: Chart on Residential - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Residential - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Residential - Year-over-year growth 2021-2026 (%)

• 5.4 Commercial - Market size and forecast 2021-2026
• Exhibit 32: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Commercial - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Commercial - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by End-user 
• Exhibit 36: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 BLANCO GmbH and Co. KG 
• Exhibit 89: BLANCO GmbH and Co. KG - Overview
• Exhibit 90: BLANCO GmbH and Co. KG - Product / Service
• Exhibit 91: BLANCO GmbH and Co. KG - Key offerings

• 10.4 Dornbracht AG and Co. KG 
• Exhibit 92: Dornbracht AG and Co. KG - Overview
• Exhibit 93: Dornbracht AG and Co. KG - Product / Service
• Exhibit 94: Dornbracht AG and Co. KG - Key news
• Exhibit 95: Dornbracht AG and Co. KG - Key offerings

• 10.5 FRANKE Holding AG 
• Exhibit 96: FRANKE Holding AG - Overview
• Exhibit 97: FRANKE Holding AG - Business segments
• Exhibit 98: FRANKE Holding AG - Key news
• Exhibit 99: FRANKE Holding AG - Key offerings
• Exhibit 100: FRANKE Holding AG - Segment focus

• 10.6 Kohler Co. 
• Exhibit 101: Kohler Co. - Overview
• Exhibit 102: Kohler Co. - Product / Service
• Exhibit 103: Kohler Co. - Key news
• Exhibit 104: Kohler Co. - Key offerings

• 10.7 Kraus USA Inc. 
• Exhibit 105: Kraus USA Inc. - Overview
• Exhibit 106: Kraus USA Inc. - Product / Service
• Exhibit 107: Kraus USA Inc. - Key news
• Exhibit 108: Kraus USA Inc. - Key offerings

• 10.8 Moen Inc. 
• Exhibit 109: Moen Inc. - Overview
• Exhibit 110: Moen Inc. - Product / Service
• Exhibit 111: Moen Inc. - Key offerings

• 10.9 Roca Sanitario SA 
• Exhibit 112: Roca Sanitario SA - Overview
• Exhibit 113: Roca Sanitario SA - Product / Service
• Exhibit 114: Roca Sanitario SA - Key offerings

• 10.10 Ruvati 
• Exhibit 115: Ruvati - Overview
• Exhibit 116: Ruvati - Product / Service
• Exhibit 117: Ruvati - Key news
• Exhibit 118: Ruvati - Key offerings

• 10.11 TEKA INDUSTRIAL S.A. 
• Exhibit 119: TEKA INDUSTRIAL S.A. - Overview
• Exhibit 120: TEKA INDUSTRIAL S.A. - Product / Service
• Exhibit 121: TEKA INDUSTRIAL S.A. - Key offerings

• 10.12 VIGO INDUSTRIES LLC. 
• Exhibit 122: VIGO INDUSTRIES LLC. - Overview
• Exhibit 123: VIGO INDUSTRIES LLC. - Product / Service
• Exhibit 124: VIGO INDUSTRIES LLC. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 125: Inclusions checklist
• Exhibit 126: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 127: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 128: Research methodology
• Exhibit 129: Validation techniques employed for market sizing
• Exhibit 130: Information sources

• 11.5 List of abbreviations 
• Exhibit 131: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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