North America Faucet Market Size, Share & Trends Analysis Report By Product Type (Manual and Electronic), By Application (Bathroom, Kitchen, and Others), By End User (Residential and Commercial), By Country and Growth Forecast, 2024

Description

List of Tables

The North America Faucet Market would witness market growth of 6.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 85.03 million units, showcasing a growth of 23.3% (2020-2023).

Manual faucets remain a staple in both residential and commercial settings, offering reliability, affordability, and versatility. These faucets operate with traditional handles or levers to control water flow and temperature manually, providing users with tactile feedback and precise control over water usage. Thus, the Canada market is expected to utilize 31.14 million units of manual faucets by 2031.

The US market dominated the North America Faucet Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $12,384.2 Million by 2031. The Canada market is experiencing a CAGR of 9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8% during (2024 - 2031).

The market, an integral segment of the broader plumbing fixtures industry, is characterized by its diversity, dynamism, and continuous evolution. This market encompasses various products designed for various applications, ranging from residential to commercial settings.

Additionally, Faucets, essential components of everyday life, are crucial in ensuring effective and efficient water delivery for numerous uses, including drinking, cooking, cleaning, and bathing.

Homeowners in North America are increasingly investing in renovation and remodeling projects. This trend translates to a demand for new and upgraded faucets for kitchens and bathrooms, propelling market growth. In the United States, home renovation trends, technological advancements, and heightened awareness of water conservation drive the increasing demand for faucets. The National Association of Home Builders (NAHB) estimates that the average buyer of an existing home will spend an additional $5,238 on remodeling, furnishings, and appliances in comparison to householders who do not relocate.

Based on Product Type, the market is segmented into Manual and Electronic Based on Application, the market is segmented into Bathroom, Kitchen, and Others. Based on End User, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Lixil Corporation
Jaquar Group
Masco Corporation (Delta Faucet Company)
Roca Sanitario, SA (Roca Corporacion Empresarial, SA)
Fortune Brands Innovations, Inc.
Toto Ltd.
Spectrum Brands Holdings, Inc.
Villeroy & Boch AG
Paini S.p.A. Rubinetterie
Kohler Co.

North America Faucet Market Report Segmentation

By Product Type (Volume, Million Units, USD Billion, 2020-2031)

Manual
Electronic

By Application (Volume, Million Units, USD Billion, 2020-2031)

Bathroom
Kitchen
Others

By End User (Volume, Million Units, USD Billion, 2020-2031)

Residential
Commercial

By Country (Volume, Million Units, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Faucet Market, by Product Type
- 1.4.2 North America Faucet Market, by Application
- 1.4.3 North America Faucet Market, by End User
- 1.4.4 North America Faucet Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Faucet Market by Product Type

4.1 North America Manual Market by Region
4.2 North America Electronic Market by Region

Chapter 5. North America Faucet Market by Application

5.1 North America Bathroom Market by Country
5.2 North America Kitchen Market by Country
5.3 North America Others Market by Country

Chapter 6. North America Faucet Market by End User

6.1 North America Residential Market by Country
6.2 North America Commercial Market by Country

Chapter 7. North America Faucet Market by Country

7.1 US Faucet Market
- 7.1.1 US Faucet Market by Product Type
- 7.1.2 US Faucet Market by Application
- 7.1.3 US Faucet Market by End User
7.2 Canada Faucet Market
- 7.2.1 Canada Faucet Market by Product Type
- 7.2.2 Canada Faucet Market by Application
- 7.2.3 Canada Faucet Market by End User
7.3 Mexico Faucet Market
- 7.3.1 Mexico Faucet Market by Product Type
- 7.3.2 Mexico Faucet Market by Application
- 7.3.3 Mexico Faucet Market by End User
7.4 Rest of North America Faucet Market
- 7.4.1 Rest of North America Faucet Market by Product Type
- 7.4.2 Rest of North America Faucet Market by Application
- 7.4.3 Rest of North America Faucet Market by End User

Chapter 8. Company Profiles

8.1 Lixil Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 SWOT Analysis
8.2 Jaquar Group
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
8.3 Masco Corporation (Delta Faucet Company)
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 SWOT Analysis
8.4 Roca Sanitario, SA (Roca Corporacion Empresarial, SA)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 SWOT Analysis
8.5 Fortune Brands Innovations, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
8.6 Toto Ltd.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 SWOT Analysis
8.7 Spectrum Brands Holdings, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 SWOT Analysis
8.8 Villeroy & Boch AG
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
8.9 Paini S.p.A. Rubinetterie
- 8.9.1 Company Overview
8.10. Kohler Co.
- 8.10.1 Company Overview
- 8.10.2 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Faucet Market, 2020 - 2023, USD Million
TABLE 2 North America Faucet Market, 2024 - 2031, USD Million
TABLE 3 North America Faucet Market, 2020 - 2023, Million units
TABLE 4 North America Faucet Market, 2024 - 2031, Million units
TABLE 5 North America Faucet Market by Product Type, 2020 - 2023, USD Million
TABLE 6 North America Faucet Market by Product Type, 2024 - 2031, USD Million
TABLE 7 North America Faucet Market by Product Type, 2020 - 2023, Million units
TABLE 8 North America Faucet Market by Product Type, 2024 - 2031, Million units
TABLE 9 North America Manual Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Manual Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Manual Market by Region, 2020 - 2023, Million units
TABLE 12 North America Manual Market by Region, 2024 - 2031, Million units
TABLE 13 North America Electronic Market by Region, 2020 - 2023, USD Million
TABLE 14 North America Electronic Market by Region, 2024 - 2031, USD Million
TABLE 15 North America Electronic Market by Region, 2020 - 2023, Million units
TABLE 16 North America Electronic Market by Region, 2024 - 2031, Million units
TABLE 17 North America Faucet Market by Application, 2020 - 2023, USD Million
TABLE 18 North America Faucet Market by Application, 2024 - 2031, USD Million
TABLE 19 North America Faucet Market by Application, 2020 - 2023, Million units
TABLE 20 North America Faucet Market by Application, 2024 - 2031, Million units
TABLE 21 North America Bathroom Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Bathroom Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Bathroom Market by Country, 2020 - 2023, Million units
TABLE 24 North America Bathroom Market by Country, 2024 - 2031, Million units
TABLE 25 North America Kitchen Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Kitchen Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Kitchen Market by Country, 2020 - 2023, Million units
TABLE 28 North America Kitchen Market by Country, 2024 - 2031, Million units
TABLE 29 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Others Market by Country, 2020 - 2023, Million units
TABLE 32 North America Others Market by Country, 2024 - 2031, Million units
TABLE 33 North America Faucet Market by End User, 2020 - 2023, USD Million
TABLE 34 North America Faucet Market by End User, 2024 - 2031, USD Million
TABLE 35 North America Faucet Market by End User, 2020 - 2023, Million units
TABLE 36 North America Faucet Market by End User, 2024 - 2031, Million units
TABLE 37 North America Residential Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Residential Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Residential Market by Country, 2020 - 2023, Million units
TABLE 40 North America Residential Market by Country, 2024 - 2031, Million units
TABLE 41 North America Commercial Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Commercial Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Commercial Market by Country, 2020 - 2023, Million units
TABLE 44 North America Commercial Market by Country, 2024 - 2031, Million units
TABLE 45 North America Faucet Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Faucet Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Faucet Market by Country, 2020 - 2023, Million units
TABLE 48 North America Faucet Market by Country, 2024 - 2031, Million units
TABLE 49 US Faucet Market, 2020 - 2023, USD Million
TABLE 50 US Faucet Market, 2024 - 2031, USD Million
TABLE 51 US Faucet Market, 2020 - 2023, Million units
TABLE 52 US Faucet Market, 2024 - 2031, Million units
TABLE 53 US Faucet Market by Product Type, 2020 - 2023, USD Million
TABLE 54 US Faucet Market by Product Type, 2024 - 2031, USD Million
TABLE 55 US Faucet Market by Product Type, 2020 - 2023, Million units
TABLE 56 US Faucet Market by Product Type, 2024 - 2031, Million units
TABLE 57 US Faucet Market by Application, 2020 - 2023, USD Million
TABLE 58 US Faucet Market by Application, 2024 - 2031, USD Million
TABLE 59 US Faucet Market by Application, 2020 - 2023, Million units
TABLE 60 US Faucet Market by Application, 2024 - 2031, Million units
TABLE 61 US Faucet Market by End User, 2020 - 2023, USD Million
TABLE 62 US Faucet Market by End User, 2024 - 2031, USD Million
TABLE 63 US Faucet Market by End User, 2020 - 2023, Million units
TABLE 64 US Faucet Market by End User, 2024 - 2031, Million units
TABLE 65 Canada Faucet Market, 2020 - 2023, USD Million
TABLE 66 Canada Faucet Market, 2024 - 2031, USD Million
TABLE 67 Canada Faucet Market, 2020 - 2023, Million units
TABLE 68 Canada Faucet Market, 2024 - 2031, Million units
TABLE 69 Canada Faucet Market by Product Type, 2020 - 2023, USD Million
TABLE 70 Canada Faucet Market by Product Type, 2024 - 2031, USD Million
TABLE 71 Canada Faucet Market by Product Type, 2020 - 2023, Million units
TABLE 72 Canada Faucet Market by Product Type, 2024 - 2031, Million units
TABLE 73 Canada Faucet Market by Application, 2020 - 2023, USD Million
TABLE 74 Canada Faucet Market by Application, 2024 - 2031, USD Million
TABLE 75 Canada Faucet Market by Application, 2020 - 2023, Million units
TABLE 76 Canada Faucet Market by Application, 2024 - 2031, Million units
TABLE 77 Canada Faucet Market by End User, 2020 - 2023, USD Million
TABLE 78 Canada Faucet Market by End User, 2024 - 2031, USD Million
TABLE 79 Canada Faucet Market by End User, 2020 - 2023, Million units
TABLE 80 Canada Faucet Market by End User, 2024 - 2031, Million units
TABLE 81 Mexico Faucet Market, 2020 - 2023, USD Million
TABLE 82 Mexico Faucet Market, 2024 - 2031, USD Million
TABLE 83 Mexico Faucet Market, 2020 - 2023, Million units
TABLE 84 Mexico Faucet Market, 2024 - 2031, Million units
TABLE 85 Mexico Faucet Market by Product Type, 2020 - 2023, USD Million
TABLE 86 Mexico Faucet Market by Product Type, 2024 - 2031, USD Million
TABLE 87 Mexico Faucet Market by Product Type, 2020 - 2023, Million units
TABLE 88 Mexico Faucet Market by Product Type, 2024 - 2031, Million units
TABLE 89 Mexico Faucet Market by Application, 2020 - 2023, USD Million
TABLE 90 Mexico Faucet Market by Application, 2024 - 2031, USD Million
TABLE 91 Mexico Faucet Market by Application, 2020 - 2023, Million units
TABLE 92 Mexico Faucet Market by Application, 2024 - 2031, Million units
TABLE 93 Mexico Faucet Market by End User, 2020 - 2023, USD Million
TABLE 94 Mexico Faucet Market by End User, 2024 - 2031, USD Million
TABLE 95 Mexico Faucet Market by End User, 2020 - 2023, Million units
TABLE 96 Mexico Faucet Market by End User, 2024 - 2031, Million units
TABLE 97 Rest of North America Faucet Market, 2020 - 2023, USD Million
TABLE 98 Rest of North America Faucet Market, 2024 - 2031, USD Million
TABLE 99 Rest of North America Faucet Market, 2020 - 2023, Million units
TABLE 100 Rest of North America Faucet Market, 2024 - 2031, Million units
TABLE 101 Rest of North America Faucet Market by Product Type, 2020 - 2023, USD Million
TABLE 102 Rest of North America Faucet Market by Product Type, 2024 - 2031, USD Million
TABLE 103 Rest of North America Faucet Market by Product Type, 2020 - 2023, Million units
TABLE 104 Rest of North America Faucet Market by Product Type, 2024 - 2031, Million units
TABLE 105 Rest of North America Faucet Market by Application, 2020 - 2023, USD Million
TABLE 106 Rest of North America Faucet Market by Application, 2024 - 2031, USD Million
TABLE 107 Rest of North America Faucet Market by Application, 2020 - 2023, Million units
TABLE 108 Rest of North America Faucet Market by Application, 2024 - 2031, Million units
TABLE 109 Rest of North America Faucet Market by End User, 2020 - 2023, USD Million
TABLE 110 Rest of North America Faucet Market by End User, 2024 - 2031, USD Million
TABLE 111 Rest of North America Faucet Market by End User, 2020 - 2023, Million units
TABLE 112 Rest of North America Faucet Market by End User, 2024 - 2031, Million units
TABLE 113 Key Information - Lixil Corporation
TABLE 114 Key Information - Jaquar Group
TABLE 115 Key Information - Masco Corporation
TABLE 116 Key Information - Roca Sanitario, SA
TABLE 117 Key Information - Fortune Brands Innovations, Inc.
TABLE 118 Key Information - Toto Ltd.
TABLE 119 Key Information - Spectrum Brands Holdings, Inc.
TABLE 120 Key Information - Villeroy & Boch AG
TABLE 121 Key Information - Paini S.p.A. Rubinetterie
TABLE 122 Key information - Kohler Co.

North America Faucet Market Size, Share & Trends Analysis Report By Product Type (Manual and Electronic), By Application (Bathroom, Kitchen, and Others), By End User (Residential and Commercial), By Country and Growth Forecast, 2024 - 2031