Sanitary Metal Ware Market Size, Share, Growth, and Industry Analysis By Type (Floor Drain, Showers, and Faucets) By Application (Real Estate Project, Commercial, Household, and Others), Regional Forecast To 2031

Updated On: 01 April 2024

Sanitary Metal Ware Market REPORT OVERVIEW

• 
• Request a Free Sample to learn more about this report

The global sanitary metal ware market size was USD 2938.7 million in 2022 and is projected to touch USD 7272.04 million by 2031, exhibiting a CAGR of 10.59% during the forecast period.

Sanitary metal ware such as faucets, showers, floor drains, toilet paper holders, and others are used in several modern bathrooms because of their effectiveness. Rising demand for high-quality bathroom accessories and solutions is expected to boost its adoption. They are extremely strong and resistant to damage. Metal wares are used in several residential and commercial constructions because of their visual appeal and benefits. Increasing per-capita income and rising spending capacity is expected to boost the metal accessories demand. 

Increasing demand for metal ware from the construction sector is expected to boost sales. Manufacturers such as Jaquar provide excellent bathroom solutions for luxurious houses to enhance the look of the bathroom. The company provides a wide range of bathroom accessories in several colors that blend with the environment efficiently. These factors are likely to boost the sanitary metal ware market development. 

COVID-19 Impact: Halt on Construction Activities to Slower Market Growth

The COVID-19 pandemic has negatively affected several industries globally. An alarming spike in COVID-19 infections has led to the imposition of stringent lockdown regulations. As a result, construction activities have come to a halt. The sudden decline in sales and the raw material shortage are expected to hinder the progress of the industry. However, lockdown relaxations are expected to boost demand for the product. The rapid incline in population and rising investments in green infrastructure are expected to boost demand for luxurious and high-quality bathroom accessories. The adoption of advanced production machinery enables companies to recover their costs. These factors are likely to boost market growth during the pandemic. 

LATEST TRENDS

"Robust Demand for Attractive Bathroom Accessories from Construction Sectors to Boost Market Growth"

Sanitary metal ware is extensively used in several construction sectors because of the rising demand for high-quality bathroom accessories. Rising population and evolving consumer preferences are expected to boost demand for high-quality products. It is extremely tough and withstands harsh conditions. Manufacturers incorporate advanced technology and sensors to improve responsiveness and enhance user experience. It is used in several commercial constructions because of its visual appeal. Manufacturers aim to create affordable solutions to improve their reach and create affordable alternatives for several affordable housing projects. The adoption of recyclable metal ware in green buildings and affordable solutions is expected to improve waste management. 

Furthermore, increasing government investments in construction projects is expected to boost the product's adoption. Therefore, these factors are likely to foster the sanitary metal ware market progress. 

Sanitary Metal Ware Market Segmentation

• 
• Request a Free Sample to learn more about this report

• By Type Analysis

By type, the market is segmented into floor drain, showers, and faucets

Showers are the leading segment because of their adoption in several households. The evolving consumer preferences and adoption of the product in several households are expected to boost its demand drastically. Further, the rising demand for visually appealing construction projects is expected to bolster sanitary metal ware's demand. These factors are likely to foster market growth during the upcoming years. 

• By Application Analysis

Based on application, the market is divided into real estate projects, commercial, household, and others. 

The household segment is expected to lead the market because of the increasing household construction projects globally. Increasing population, evolving lifestyle, and rising demand for premium housing facilities are expected to increase sanitary metal ware's demand. Therefore, these factors can propel market growth. 

DRIVING FACTORS

"Incorporation of Technology in Bathroom Accessories to Boost Industry Progress"

 The rising adoption of advanced sensors in taps and flush is expected to enhance cleaning responsiveness. It is used extensively in malls and high-income residential projects because of its effectiveness and looks. Manufacturers incorporate advanced water expelling systems to reduce physical contact and contain virus spread. The incorporation of sensors improves water management and waste disposal. Further, manufacturers provide basins, bathtubs, taps, and other sanitary metal wares to enhance the aesthetic of the bathroom. It improves the look and provides a pleasant experience to users and residents. The emergence of several startups, outlets, and stores worldwide is expected to increase the adoption of premium quality sanitary metal ware. These factors may propel the metal sanitary metal ware market development. 

"Abundance of Raw Materials and Components to Foster Progress of the Market"

The emergence of several industries and the abundance of raw materials in developing and developed countries are expected to boost the product's demand. Manufacturers incorporate durable and lightweight metals and materials such as aluminum, stainless steel, and others to boost their reliability and quality. Rising investments in the development of new lighter and stronger materials are expected to boost the product's demand drastically. The incorporation of recycled materials in construction is expected to solve the problems of waste management. Government investments in the creation of green infrastructure and low-income household constructions are expected to boost sanitary metal ware's demand. These factors are likely to drive the sanitary metal ware market growth. 

RESTRAINING FACTORS

"Fluctuations in Raw Material Pricing and Environmental Concerns to Impede Market Growth"

The fluctuating prices of raw materials may decline sales from the small low-income households. Increasing concerns regarding the negative effects of material are expected to lower its adoption from several sectors. The issues regarding waste management from construction projects lead to the imposition of strict government norms for the production of the materials, which, in turn, may hamper the market's growth. 

Sanitary Metal Ware Market REGIONAL INSIGHTS

• 

• Request a Free Sample to learn more about this report

"Rapid Infrastructure Development to Facilitate Market Growth in North America"

Regionally, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. 

Asia-Pacific is expected to dominate the sanitary metal ware market share because of rapid infrastructure development and the emergence of several households. Increasing population and rising demand for high-quality households are expected to boost the product's sales. The emergence of several companies is expected to boost product demand. These factors are expected to boost the market growth. 

North America is expected to hold the second-largest market share because of rapid infrastructure development. Evolving consumer preferences and increased spending capacity are expected to boost industrial development. Additionally, the presence of several industries is expected to boost the market growth. 

In Europe, retrofitting and renovation activities are expected to boost the product's demand. The emergence of several industries is expected to boost the supply chain positively. Increasing construction activities and rising demand for bathroom accessories from commercial and residential sectors are expected to fuel market growth. 

KEY INDUSTRY PLAYERS

"Companies Invest Heavily in Research and Development Activities to Improve Brand Position"

Prominent companies operating in the market invest heavily in research and development to improve their product quality. It enables manufacturers to incorporate advanced sensors to prevent physical contact and manage water dispersion. This strategy enables companies to improve their brand position. The adoption of technically advanced production technologies enables manufacturers to improve their product quality, reduce labor cost, time consumption, operational efficiency, productivity, and helps organizations achieve their goals. Further, companies examine recent trends to undertake profitable ventures. Additionally, the incorporation of expansion strategies allows companies to reach new markets and satisfy their navigational requirements. 

List of Market Players Profiled

• HUIDA
• Roca
• Delong
• Huayi
• Villeroy & Boch
• Hansgrohe
• JOYOU
• HHSN
• Moen
• GLOBE UNION
• American Standard
• TOTO
• Kohler
• JOMOO
• Delta
• Grohe
• OLE
• Swell
• SEAGULL
• SUNLOT
• Argentcrystal
• Lota 

INDUSTRY DEVELOPMENT

• October 2020: Jaquar Group launched a film made by Crescent Group that showcases its Queen's Prime product range. 

REPORT COVERAGE

The report highlights the top segments and the latest market trends. It comprehensively studies the impact of COVID-19 and the driving and restraining factors. This report observes the strategies devised by the major players and the regional developments. Additionally, it informs the readers regarding the factors that are responsible for the progress of the industry.