Market Research Report
US Aging in Place 2019
|Published by||BRG Building Solutions||Product code||342234|
|Published||Content info||79 Pages
Delivery time: 1-2 business days
|US Aging in Place 2019|
|Published: July 31, 2019||Content info: 79 Pages||
This report provides an in-depth analysis of the USA aging in place market including the monitoring of recent trend patterns and demand drivers, plus substantiated volume forecasts for the next 5 years.
The Aging In Place industry or now more commonly described as Universal Living industry is a rapidly growing market in the US. As the baby boomer generation hits retirement, the lure of staying in their own homes has increased the need to accessible bathing and showering and as a result the market has moved from specialist care products to widely available items for both new construction and renovation purposes.
Accessible baths remain a more specialized item, with the key players having been in the market for over 20 years, but more main stream bath manufacturers are adding an accessible bath to their portfolios, and cheaper Asian imports are on the rise.
Shower modules and trays have been an easy market for players to enter requiring a low or no threshold and the designs have been incorporated in both luxury and open price point products.
Grab bars, which are included in the bath safety section of this report, are gaining in popularity and are now widely offered by faucet companies as part of their bathroom accessories line. These products are increasingly decorative and often installed into showers which are not zero threshold or next to a general soaker bath. Grab bars in particular have seen rapid sales growth in retail outlets and on line as more baby boomers opt to upgrade existing homes rather than move to specialized living communities.
This report focuses on the following product categories: