The global ceramic sanitary ware market is expected to reach USD 48.58 Billion by 2027, according to a new report by Reports and Data. Ceramic is the most common material used in the production of various types of sanitary ware products, owing to the offering of durable service despite extreme usage. This material is highly stain resistant, and do not easily get discolored and rusted, and hence are appropriate for use in bathrooms that receive water, which can lead to stains in toilet sinks and washbasins, as well as are preferred in making fashionable sanitary wares. Further, ceramics are very cost-effective as compared to metals or stones, as well as are easy to maintain.
The growing expenses on the remodeling of restrooms for improved ergonomics is a considerable factor in boosting the market growth. The mean expenditure on sanitary ware products in the emerging nations is witnessing rapid growth attributed to swift urbanization and switching lifestyle of individuals leading to advancements in interior decor. Moreover, ceramic sanitary ware products cost less than 50.0% of the total expenditure on bathrooms.
COVID-19 Impact
The COVID-19 pandemic is having a significant impact on the ceramic sanitary ware industry. Demand for the product is suffering severe shocks owing to a decline in the building & construction activities across the globe, worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. A dip in the sales of the products used in the building has fast-tracked the global sanitary ware suppliers into an oversupply situation. Movement restrictions appear to be a direct and immediate effect, and once the necessary social distancing ends, it is expected things would get back to normal conditions.
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Key participants include RAK Ceramics, Johnson Tiles, Geberit Group, Hansgrohe, Duravit AG, Kohler, Somany Ceramics Limited, Toto Inc., Villeroy & Boch, and HSIL, among others.
Further key findings from the report suggest
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Market Overview:
Rapid developments in the manufacturing sector and equipment, robust growth in the building and construction sector, high adoption for eco-friendly materials in constructions and increasing demand for smart buildings and smart homes are boosting market growth. Steady increase in the disposable income across the globe, improvements in the standard of living, increasing number of redevelopment plans and high demand for aesthetic look and posh homes are further fueling market growth. In addition, increasing R&D investments, and government schemes to support manufacturing and construction industry are fueling growth of the global Ceramic Sanitary Ware market.
For the purpose of this report, Reports and Data have segmented the global ceramic sanitary ware market on the basis of product type, casting type, application, and region:
Product Type Outlook (Revenue, USD Million; 2017-2027)
Casting Type Outlook (Revenue, USD Million; 2017-2027)
Application Outlook (Revenue, USD Million; 2017-2027)
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Detailed Regional Analysis Covers:
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