PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1763667
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1763667
Water Sink Market Introduction and Overview
According to SPER market research, 'Global Water Sink Market Size- By Product Type, By Installation Type, By Material, By Application, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Water Sink Market is predicted to reach 17.71 billion by 2034 with a CAGR of 5.83%.
A Water Sink, also known as a washbowl, hand basin, or washbasin, is a bowl-shaped plumbing fixture for washing hands and dishes. It comes from the Latin word "zinc". Water sinks have hot and cold water faucets, a spray function for quick rinsing, and a drain to collect used water, which may contain a strainer and an overflow protection system. Additionally, they have built-in soap dispensers and are designed to save water while providing convenience, available in various sizes and shapes.
Restraints: The volatility of raw material costs is a major challenge for the water sink market. Prices for materials like composites, stone, ceramic, and stainless steel fluctuate according to demand and market conditions. Growing costs for raw materials might raise production costs, which can impact profit margins and product prices. Global supply chain issues, caused by geopolitical tensions or unexpected events like pandemics, complicate matters further.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product Type, By Installation Type, By Material, By Application, By Distribution Channel
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Acorn Engineering Company, Inc, Carysil, CERA, Duravit AG, Elkay Manufacturing Company, Franke Group, GROHE Pacific Pte Ltd, Hindware Appliances, Kohler Co, Kraus Plumbing LLC.
Global Water Sink Market Segmentation:
By Product Type: Based on the Product Type, Global Water Sink Market is segmented as; Fixed Water Sink, Portable Water Sink.
By Installation Type: Based on the Installation Type, Global Water Sink Market is segmented as; Drop-in, Under Mount, Workstation Sinks, Others.
By Material: Based on the Material, Global Water Sink Market is segmented as; Stainless Steel, Granite/Quartz, Cast Iron Sink, Fireclay Sink, Others.
By Application: Based on the Application, Global Water Sink Market is segmented as; Residential, Commercial.
By Distribution Channel: Based on the Distribution Channel, Global Water Sink Market is segmented as; Direct Sales, Indirect Sales.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.