The Bathroom Accessories Market is being driven by Growing awareness about sanitary and personal hygiene
The Bathroom Accessories Market is expected to grow at a CAGR of 6.46% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 8311.5 million. The global bathroom accessories market is witnessing a significant shift towards smart bathroom solutions. These advanced bathrooms are equipped with digital accessories that offer enhanced functionality and convenience. Smart bathrooms utilize voice and motion sensors to control lighting, temperature, and security through connected devices such as smartphones. Digital bathroom accessories, including smart faucets, are a key component of these systems. Featuring digital temperature control settings and touchless technology, these faucets conserve water and energy through infrared tap sensors that detect hand presence and adjust water flow accordingly.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
162 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.46% |
Market growth 2024-2028 |
USD 8311.5 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
5.65 |
Key countries |
US, China, Germany, Japan, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Bathroom Accessories Market encompasses a range of products including bathroom ventilation systems, underfloor heating, heated towel rails, steam showers, whirlpool baths, rain showers, handheld and massage showerheads, water filtration systems, water softeners, plumbing fittings, drainage systems, waste disposal, shower door hardware, shower curtain rods, bathroom faucet accessories, toilet flush valves, bathroom safety features like grab bars and non-slip surfaces, motion sensor and LED lighting, bathroom cleaning products, bathroom renovation planning tools such as design software and remodeling contractors, sustainable practices, water-efficient products, smart toilet technology with automatic flushers and lighting, ambient lighting, bathroom storage optimization solutions like custom cabinets and organization systems, and accessible designs for luxury bathroom suites.
The bathroom accessories market, a significant segment of the broader housewares and specialties market, encompasses a range of products such as bathroom sinks, lighting fixtures, exhaust fans, towel bars, toilet paper holders, soap dishes, shower caddies, and medicine cabinets. The global household durables market, which includes the revenues of manufacturers in sectors like consumer electronics, homebuilding, household appliances, houseware and specialties, and leisure products, is projected to grow due to several factors. One key driver is the increasing consumer preference for houseware items with innovative designs and vibrant colors, particularly in the bathroom sector. This trend is influencing vendors to introduce stylish and distinctively hued bathroom accessories, thereby fueling market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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