Global Sanitary Ware Market | Growth, Analysis, Share

1
The Global Sanitary Ware Market to Develop with a
CAGR of 4.01 by 2028

• Triton Market Research presents the Global
  Sanitary Ware Market report segmented by
  Application (Residential, Commercial), Sales
  Channels (Retail Distribution, Wholesale
  Distribution), Type (Toilets, Wash Basins,
  Urinals, Cisterns, Other Types), Material
  (Ceramic, Pressed Metal, Acrylic Plastic
  Perspex, Other Materials), and Geography
  (Asia-Pacific, Europe, Latin America, North
  America, Middle East and Africa). It further
  discusses the Market Summary, Industry Outlook,
  Impact of COVID-19, Key Insights, Porters Five
  Forces Analysis, Market Attractiveness Index,
  Vendor Scorecard, Key Market Strategies, Drivers,
  Challenges, Opportunities, Company Profiles,
  Research Methodology Scope, Global Market Size,
  Forecasts Analysis (2022-2028).
• Tritons report puts forth that the global
  sanitary ware market is likely to expand with a
  CAGR of 4.01 in terms of revenue during the
  evaluated period 2022-2028. Whereas, in terms of
  volume, the market is likely to develop with a
  CAGR of 3.57 over the same period.

Request Free Sample Report https//www.tritonmark
etresearch.com/reports/sanitary-ware-marketreques
t-free-sample With the growth in population and
increased immigration, the demand for housing and
commercial infrastructure has risen
significantly. This is expected to drive the
construction industry. Sanitary ware is
2
largely used in construction activities.
Therefore, the increase in infrastructure
projects is expected to aid the growth of the
sanitary ware market. However, the prices of
basic raw materials required to manufacture
ceramic tiles are constantly fluctuating. This
acts as a major challenge for the manufacturers,
as it ultimately increases the production cost
and reduces their profit margin. Therefore, the
volatile prices of raw materials largely restrain
the market growth. The market in the Asia-Pacific
is expected to evolve at the fastest rate over
the estimated period. China is presently the
largest market in the region, accounting for the
highest revenue share. Housing authorities in the
country have launched a number of measures to
begin the construction of low-cost housing units.
They are heavily investing in these projects to
consolidate the construction industry. This will
fuel the demand for sanitary ware as well,
ultimately boosting the market growth in the
region. The major companies profiled in this
market comprise Toto Ltd, Cera Sanitaryware
Limited, Roca Sanitario SA, Duravit AG, Grohe AG,
Laufen Bathrooms AG, Rak Ceramics, Masco
Corporation, Duratex, HSIL Limited, Lixil Group
Corporation, Ideal Standard International,
Villeroy Boch AG, Jaquar Group, Elkay
Manufacturing Company, Geberit AG, Corona,
Fortune Brands Home Security Inc, Lecico Egypt,
and Kohler Co. The high cost of manufacturing
sanitary ware products and the need to comply
with environmental standards are major barriers
for new players that want to enter the market.
This is why only a few players dominate the
global market, which makes it reasonably
fragmented and intense. The bigger players are
increasing their market share via mergers,
acquisitions, and new product development, which
intensifies the rivalry. For instance, UAE-based
ceramic ware manufacturer, RAK Ceramics,
established its new showroom in the United
Kingdom in 2019 to expand its global
footprint. Contact Us sales_at_tritonmarketresearch
.com Phone [phone]