Market Research Report
Brazil Bathrooms 2018
|Published by||BRG Building Solutions||Product code||260863|
|Published||Content info||130 Pages
Delivery time: 1-2 business days
|Brazil Bathrooms 2018|
|Published: July 31, 2018||Content info: 130 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 had a flat year in 2017 after declining for three years in a role. The country's political crisis has proven to have largely impacted both private consumption and new residential construction. However, the last months of 2017 the new housing programme 'Minha Casa Minha Vida' has released the third phase with new norms and budget, which impacted in a slower pace the new housing and projects that was in standby. Moreover, the strong depreciation of the local currency in 2016 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 2018 onwards. Dwelling completions should grow in 2018, 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: