Asia Pacific Thermostatic Mixers Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

List of Tables

The Asia Pacific thermostatic mixers market size is expected to reach US$ 1,140.96 million by 2031 from US$ 650.37 million in 2023. The market is estimated to record a CAGR of 7.3% from 2023 to 2031.

Executive Summary and Asia Pacific Thermostatic Mixers Market Analysis:

The Asia Pacific thermostatic mixers market is segmented into Australia, India, China, Japan, South Korea, and the Rest of Asia Pacific. Among these countries, India is expected to provide ample growth opportunities for the thermostatic mixers market during the forecast period. This is owing to a surge in construction activities and a rise in the adoption of thermostatic mixers in residential and commercial buildings across the country. Additionally, the growing popularity of smart devices to improve the quality and safety of buildings has led to increased demand for smart devices, such as thermostatic mixer showers, in residential and commercial sectors in Asia Pacific.

Asia Pacific countries, particularly China, India, and Singapore, are characterized by current trends in the design and construction sectors. Well-established multinational companies, large domestic companies, and many hotels and resorts are committed to a smart building culture in the region. Growing environmental awareness among people and government initiatives to reduce overall water and energy consumption are a few factors expected to increase the popularity of smart devices and boost the demand for water and energy-efficient thermostatic mixers in Asia Pacific in the coming years. Also, government regulations, technological advancements, and the increasing need for energy savings have created a favorable ecosystem for the thermostatic mixers market in Asia Pacific. For example, the China Green Building Council (China GBC), a branch of the Chinese Society for Urban Studies, is a nonprofit national academic organization that assists the government in promoting the development of green buildings in China through the Housing and Urban-Rural Ministry. Furthermore, the increasing growth of the hospitality industry in countries such as Indonesia, India, Japan, South Korea, and Singapore is projected to fuel the demand for thermostatic mixers, which in turn is expected to boost the market growth from 2023 to 2031.

Asia Pacific Thermostatic Mixers Market Segmentation Analysis:

Key segments that contributed to the derivation of the thermostatic mixers market analysis are mounting type, application, and design type.

Based on mounting type, the Asia Pacific thermostatic mixers market is bifurcated into deck mount and wall mount. The wall mount held a larger share of the market in 2023.

By application, the Asia Pacific thermostatic mixers market is bifurcated into residential and commercial. The commercial segment held a larger share of the market in 2023.

By design type, the Asia Pacific thermostatic mixers market is bifurcated into concealed and exposed. The concealed held a larger share of the market in 2023.

Asia Pacific Thermostatic Mixers Market Outlook

In smart bathrooms of various residential and commercial settings, consumers prefer products from luxury brands of products such as. This is expected to raise the demand for thermostatic mixers to regulate temperature and water flow from showers and taps precisely. In addition, many consumers are looking for brands that offer thermostatic mixers for showers with rainfall or waterfall-like designs. Some of the advanced thermostatic mixer shower examples include SH-42202 thermostatic bathroom shower mixer by LEELONGS, BubbleSpa Exposed Mixer Shower System by Kelda Showers Limited, Mira Opti-floPro by Kohler Mira Ltd among others. Thus, the growing popularity of luxury products and home renovation projects is expected to be the key trend in the thermostatic mixers market during the forecast period.

Asia Pacific Thermostatic Mixers Market Country Insights

Based on country, the Asia Pacific thermostatic mixers market comprises the Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held the largest share in 2023.

The construction industry in China is in decline, but the government is continually supporting it by investing in new construction and infrastructure development projects. According to China's Ministry of Electronics and Information Technology, investment in new construction and real estate fell by 5.8% from January to March 2023, reaching US$ 362.45 billion. Investments in the construction of residential buildings fell by 4.1%, reaching US$ 275.84 billion. China is steadily urbanizing and developing infrastructure to boost the economy, which has resulted in fueling the demand for thermostatic mixers during the forecast period. In addition, the government is investing in the construction sector to support economic growth in the coming years. For instance, the Chinese government announced a US$ 1 billion investment in the country's construction sector at the end of fiscal year 2022, boosting the housing, commercial and civil engineering sectors. This construction sector, which is growing with government support, has moderately strengthened the thermostatic mixers market during the forecast period.

Asia Pacific Thermostatic Mixers Market Company Profiles

Some of the key players operating in the market include Aquant; FIMA CARLO FRATTINI S.P.A.; Geberit AG; Hansgrohe SE; Hindware Home Innovation Ltd; Jaquar Group; Kohler Co; Lixil Corp; Roca Group; and TOTO Ltd. among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

Asia Pacific Thermostatic Mixers Market Research Methodology :

The following methodology has been followed for the collection and analysis of data presented in this report:

Secondary Research The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

Company websites , annual reports, financial statements, broker analyses, and investor presentations. Industry trade journals and other relevant publications. Government documents , statistical databases, and market reports. News articles , press releases, and webcasts specific to companies operating in the market. Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

Primary Research The Insight Partners' conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:

Validate and refine findings from secondary research. Enhance the expertise and market understanding of the analysis team. Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects. Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

Industry stakeholders : Vice Presidents, business development managers, market intelligence managers, and national sales managers External experts : Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Product Code: BMIRE00031777

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Asia Pacific Thermostatic Mixers Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Raw Material Suppliers:
- 4.2.2 Component Manufacturers:
- 4.2.3 Thermostatic Mixer Manufacturers:
- 4.2.4 End Users:

5. Asia Pacific Thermostatic Mixers Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Focus on Water and Energy Conservation
- 5.1.2 Rising Importance of Temperature Control for Safety
5.2 Market Restraints
- 5.2.1 High Installation and Maintenance Costs and Stringent Environmental Regulations & Safety Standards
5.3 Market Opportunities
- 5.3.1 Launch of Technologically Advanced and Premium Thermostatic Mixers
5.4 Future Trends
- 5.4.1 Growing Popularity of Luxury Products and Home Renovation Projects
5.5 Impact of Drivers and Restraints:

6. Thermostatic Mixers Market - Asia Pacific Analysis

6.1 Asia Pacific Thermostatic Mixers Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Thermostatic Mixers Market Forecast Analysis

7. Asia Pacific Thermostatic Mixers Market Analysis - by Mounting Type

7.1 Deck Mount
- 7.1.1 Overview
- 7.1.2 Deck Mount: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Wall Mount
- 7.2.1 Overview
- 7.2.2 Wall Mount: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)

8. Asia Pacific Thermostatic Mixers Market Analysis - by Application

8.1 Residential
- 8.1.1 Overview
- 8.1.2 Residential: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Commercial
- 8.2.1 Overview
- 8.2.2 Commercial: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)

9. Asia Pacific Thermostatic Mixers Market Analysis - by Design Type

9.1 Concealed
- 9.1.1 Overview
- 9.1.2 Concealed: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Exposed
- 9.2.1 Overview
- 9.2.2 Exposed: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)

10. Asia Pacific Thermostatic Mixers Market - Country Analysis

10.1 Asia Pacific
- 10.1.1 Asia Pacific Thermostatic Mixers Market Overview
- 10.1.2 Asia Pacific Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
  - 10.1.2.1 Asia Pacific Thermostatic Mixers Market - Revenue and Forecast Analysis - by Country
  - 10.1.2.2 Australia: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.2.1 Australia: Asia Pacific Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.2.2.2 Australia: Asia Pacific Thermostatic Mixers Market Breakdown, by Application
    - 10.1.2.2.3 Australia: Asia Pacific Thermostatic Mixers Market Breakdown, by Design Type
  - 10.1.2.3 China: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.3.1 China: Asia Pacific Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.2.3.2 China: Asia Pacific Thermostatic Mixers Market Breakdown, by Application
    - 10.1.2.3.3 China: Asia Pacific Thermostatic Mixers Market Breakdown, by Design Type
  - 10.1.2.4 India: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.4.1 India: Asia Pacific Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.2.4.2 India: Asia Pacific Thermostatic Mixers Market Breakdown, by Application
    - 10.1.2.4.3 India: Asia Pacific Thermostatic Mixers Market Breakdown, by Design Type
  - 10.1.2.5 Japan: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.5.1 Japan: Asia Pacific Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.2.5.2 Japan: Asia Pacific Thermostatic Mixers Market Breakdown, by Application
    - 10.1.2.5.3 Japan: Asia Pacific Thermostatic Mixers Market Breakdown, by Design Type
  - 10.1.2.6 South Korea: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.6.1 South Korea: Asia Pacific Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.2.6.2 South Korea: Asia Pacific Thermostatic Mixers Market Breakdown, by Application
    - 10.1.2.6.3 South Korea: Asia Pacific Thermostatic Mixers Market Breakdown, by Design Type
  - 10.1.2.7 Rest of APAC: Asia Pacific Thermostatic Mixers Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.7.1 Rest of APAC: Asia Pacific Thermostatic Mixers Market Breakdown, by Mounting Type
    - 10.1.2.7.2 Rest of APAC: Asia Pacific Thermostatic Mixers Market Breakdown, by Application
    - 10.1.2.7.3 Rest of APAC: Asia Pacific Thermostatic Mixers Market Breakdown, by Design Type

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition

13. Company Profiles

13.1 Hansgrohe SE
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Lixil Corp
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 TOTO Ltd.
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Roca Group
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Aquant
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 FIMA CARLO FRATTINI S.P.A.
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Geberit AG
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Hindware Home Innovation Ltd
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Jaquar Group
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Kohler Co
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners