Market Research Report
Brazil Bathrooms 2019
|Published by||BRG Building Solutions||Product code||260863|
|Published||Content info||144 Pages
Delivery time: 1-2 business days
|Brazil Bathrooms 2019|
|Published: July 31, 2019||Content info: 144 Pages||
This report provides an in-depth analysis of the Brazilian bathroom market including the monitoring of recent trend patterns and demand drivers, plus substantiated volume forecasts for the next 5 years.
The Brazilian bathroom market increased in 2018 following the positive trend from 2017. The main driver to the growth was the slow reintroduction of the new housing programme ‘Minha Casa, Minha Vida' and the completion of standby projects. The government released the budget at the beginning of 2018 and impact positively the bathroom market. However, in October 2018 Brazil had the general election and investments was put on hold, preventing the market to grow further. Moreover, the strong depreciation of the local currency in 2018 led to an increase in prices in most all product categories to cover the lost from previous year.
Analysts in BRG expect the market recover in a slower pace from 2019 onwards. Dwelling completions should grow in 2019, impacting installations of bathroom products substantially. However, RMI demand should still be the sector that generates the bulk of demand and should grow steadily for the next few years. Non-housing demand is expected to grow at a slow pace, as a result of the political instability, economic crisis and a lack of investments.
This report focuses on the following product categories: