Plumbing Fixtures Market by Product, Material, End-Use, Application, Distribution Channel

List of Tables

[191 Pages Report] The Plumbing Fixtures Market size was estimated at USD 113.56 billion in 2023 and expected to reach USD 118.23 billion in 2024, at a CAGR 5.03% to reach USD 160.21 billion by 2030.

Plumbing fixtures are a fundamental component of any residential, commercial, or industrial plumbing system. They represent the end-points or sites of interaction with the plumbing system for users. These fixtures are devices that connect to a plumbing system and interact directly with the water or waste network within a building or establishment. Key characteristics of plumbing fixtures include their ability to deliver clean water and the collection and drainage of wastewater. Plumbing fixtures are designed for various functions and can consist of sinks, toilets, bathtubs, showers, and bidets in residential settings. In commercial environments, fixtures may include drinking fountains, urinals, and commercial-grade sinks. Increases in housing and commercial construction activities directly impact fixture demand, and innovations in water conservation and automated fixtures drive market expansion. However, advanced fixtures with higher upfront costs may deter potential buyers and market growth. Nevertheless, ongoing research into new, durable, and recyclable materials for fixture manufacturing and emphasis on touchless and antimicrobial fixtures in the wake of health consciousness is expected to create potential opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 113.56 billion
Estimated Year [2024]	USD 118.23 billion
Forecast Year [2030]	USD 160.21 billion
CAGR (%)	5.03%

Product: Growing usage of faucets & taps and continuous improvements to ensure water conservation

The bathtub and shower segment encompasses many products, from essential tubs to luxury hydrotherapy systems. Preferences often depend on room size, desired features such as whirlpool jets or steam options, and aesthetics. Drains are critical in any plumbing system, with advancements targeting hygiene, ease of cleaning, and integration with smart home systems. Consumers prefer solutions that minimize clogging and are simple to maintain. Faucets and taps have evolved into high-tech fixtures with touchless operation, water-conservation technologies, and IoT-enabled features. Sinks are essential in residential and commercial settings, with materials such as stainless steel, porcelain, and granite composites. Preferences are governed by durability, design, and ease of cleaning. Toilets are necessary in residential, commercial, and public washrooms, with market demands encompassing efficiency, comfort, and aesthetic requirements. Developments in this product category include water-saving toilets, smart toilets with features including heated seats and automated cleaning, and considerations for space-saving designs in compact urban dwellings. Regulatory standards aiming to reduce water consumption also play a major role in shaping the market and product offerings.

Application: Evolving usage of plumbing fixtures in new buildings

New buildings encompass residential, commercial, and industrial structures in the construction process and require the initial installation of plumbing fixtures. New buildings represent the primary installation stage; the need-based preference often leans toward fixtures with long-term reliability and functionality. Builders and architects in this sector generally prioritize energy efficiency, water conservation, and smart technology integration due to increasing consumer awareness and regulatory requirements. Renovated buildings require updates to existing plumbing systems and fixtures to accommodate modern standards of functionality, aesthetics, and efficiency. The need-based preference here tends more towards customization and design, as there is often a desire to align the new fixtures with the updated interior design and architecture. Water-saving fixtures are particularly popular within this segment, as renovations provide an opportunity to retrofit and reduce overall water consumption. Repair & Remodel is focused on the maintenance and updating of existing plumbing fixtures either due to failure or for modernization purposes. The preference here lies in durability, cost-effectiveness, and ease of installation, as repairs and remodels often address immediate issues or upgrade fixtures without undertaking a complete renovation.

Regional Insights

In the Americas, with a focus on the United States and Canada, consumers demand innovative and sustainable plumbing solutions driven by environmental awareness and energy savings. This is reflected in the adoption of water-efficient fixtures and the integration of smart home technology. Increased residential construction and renovation investments due to changing lifestyle preferences also influence market dynamics. EU countries are strongly inclined towards eco-friendly and premium aesthetic plumbing fixtures, driven by stringent EU regulations and a high standard of living. The European Union's rules and directives, including the Ecodesign Directive, push for greener products and innovation. Additionally, the renovation of old infrastructure and historic buildings is creating opportunities for integrating modern fixtures that maintain the aesthetic integrity of these structures yet offer contemporary functionality. Meanwhile, the Middle East and Africa market is growing due to the rising urban population, hospitality sector development, and infrastructure investments. However, customer purchasing behaviors vary, with the Middle East showing a preference for luxury fittings, while African markets are price-sensitive and inclined towards essential and durable products. The Asia-Pacific region presents a growing market for plumbing fixtures owing to rapid urbanization, increasing disposable incomes, and government initiatives toward sanitation and infrastructure development.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Plumbing Fixtures Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Plumbing Fixtures Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Plumbing Fixtures Market, highlighting leading vendors and their innovative profiles. These include American Bath Group, LLC, Bemis Manufacturing Company, Cera Sanitaryware Ltd., Colston Bath & Spa India Pvt. Ltd., Delta Faucet Company, Duravit Aktiengesellschaft, Fima Carlo Frattini S.P.A., Fortune Brands Home & Security, Inc., Geberit AG, Gerber Plumbing Fixtures, LLC by Globe Union Industrial Corp., H & R Johnson (India), Hansgrohe SE, Hindware Home Innovation Limited, Huida Sanitary Ware Co.,Ltd., Jacuzzi Brands, LLC, Jaquar Group, Kohler Co., LIXIL Corporation, Masco Corporation, Pearl Precision Products Pvt. Ltd., Roca Sanitario, S.A., Spectrum Brands, Inc., T&S Brass and Bronze Works, Inc., Toto Ltd., Xiamen OLT Co., Ltd., and Zurn Industries, LLC by Zurn Elkay Water Solutions Corporation.

Market Segmentation & Coverage

This research report categorizes the Plumbing Fixtures Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Bathtub & Shower
- Drains
- Faucets & Taps
- Sinks
- Toilets

Material
- Acrylics
- Cast Iron
- Fiberglass
- Metal
- Plastic
- Polymers
- Vitreous China

End-Use
- Non-Residential Buildings
- Residential Buildings

Application
- New Buildings
- Renovated Buildings
- Repair & Remodel

Distribution Channel
- Offline
- Online

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Plumbing Fixtures Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Plumbing Fixtures Market?

3. What are the technology trends and regulatory frameworks in the Plumbing Fixtures Market?

4. What is the market share of the leading vendors in the Plumbing Fixtures Market?

5. Which modes and strategic moves are suitable for entering the Plumbing Fixtures Market?

Product Code: MRR-434CCDA04FB6

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rise in Construction and Renovation Activities Worldwide
  - 5.1.1.2. Large-Scale Investments in Construction and Infrastructure Sectors
  - 5.1.1.3. Rising Popularity of Ceramic Plumbing Fixtures
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuations in the Cost of Raw Materials Associated with the Plumbing Fixtures
- 5.1.3. Opportunities
  - 5.1.3.1. Advancement in Plumbing Technology & Water Efficient Plumbing
  - 5.1.3.2. Expanding Need for Smart Plumbing Fixtures in Commercial Buildings
- 5.1.4. Challenges
  - 5.1.4.1. Operational Issues with Plumbing Fixtures
5.2. Market Segmentation Analysis
- 5.2.1. Product: Growing usage of faucets & taps and continuous improvements to ensure water conservation
- 5.2.2. Application: Evolving usage of plumbing fixtures in new buildings
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Plumbing Fixtures Market, by Product

6.1. Introduction
6.2. Bathtub & Shower
6.3. Drains
6.4. Faucets & Taps
6.5. Sinks
6.6. Toilets

7. Plumbing Fixtures Market, by Material

7.1. Introduction
7.2. Acrylics
7.3. Cast Iron
7.4. Fiberglass
7.5. Metal
7.6. Plastic
7.7. Polymers
7.8. Vitreous China

8. Plumbing Fixtures Market, by End-Use

8.1. Introduction
8.2. Non-Residential Buildings
8.3. Residential Buildings

9. Plumbing Fixtures Market, by Application

9.1. Introduction
9.2. New Buildings
9.3. Renovated Buildings
9.4. Repair & Remodel

10. Plumbing Fixtures Market, by Distribution Channel

10.1. Introduction
10.2. Offline
10.3. Online

11. Americas Plumbing Fixtures Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Plumbing Fixtures Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Plumbing Fixtures Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Re-Bath Announces 5 Signed Agreements with Existing Franchisees, Validating Franchise Opportunity
- 14.3.2. Hansgrohe to Expand Bathroom Portfolio in Indian Market with Luxury Product Segment
- 14.3.3. Delta Faucet Debuts Latest Human-Centric Solutions at KBIS 2023

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio