Modular Bathroom Pods Market Report Overview
- Request a free sample to learn more about this report
The global modular bathroom pods market size was USD 857.4 million in 2022 & the market is expected to reach USD 1412 million by 2031, exhibiting a CAGR of 5.7% during the forecast period.
The COVID-19 pandemic has been unprecedented and staggering, with the modular bathroom pods market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels.
Modular bathroom pods are completely self-contained bathrooms that are built in a factory off-site before being delivered to a building site and installed. The majority of the time, they are built as separate units with all of the required fixtures and fittings, including the sink, shower, or bath, lighting, and ventilation. Bathroom pods are increasingly being used in construction projects, especially in the hotel, healthcare, and residential sectors, where they offer several benefits over traditional construction methods.
The key benefits of using modular bathroom pods include faster installation, better quality control, less waste, and lower labor expenses. Bathroom pods are made in a regulated manufacturing environment, meaning the completed product's quality can be strictly controlled and monitored. This ensures that quality is consistent across all units and reduces the possibility of flaws or difficulties occurring throughout the construction process.
COVID-19 Impact: Pandemic Led to A Decline in the Market Growth
COVID-19 is a global public health emergency that has impacted almost every industry, and the long-term repercussions are projected to impact the growth of numerous end-use industries during the forecast period. The report broadened the framework to incorporate key COVID-19 considerations and suggested the next actions. The research discusses COVID-19 by considering changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and key government efforts.
Latest Trends
"Lendlease Introduced a H3 Wellness Hub, Resulting in Market Growth"
In September 2020, Lendlease unveiled a restroom pod. According to Australia-based construction company Lendlease, a new restroom pod with hot, running water and a flushing toilet that is designed to be lifted into position on vertical construction sites helps save time and increase productivity while promoting dignity and respect for workers on site. The company has introduced the H3 Wellness Hub, which offers a covered, climate-controlled area with direct access to sewage, fresh water, and utility risers or remote holding containers that lessen odors. The units provide workers with hot water and porcelain fixtures while replacing chemical porta potties at vertical building sites.
Modular Bathroom Pods Market Segmentation
- Request a free sample to learn more about this report
- By Type Analysis
By Type, the market is fragmented into GRP Bathroom, Pods, Steel Bathroom Pods, and Concrete Bathroom Pods.
- By Application Analysis
By Application, the market is bifurcated into Residential Use, Commercial Use, Military Accommodation, Prisons, and Others.
Driving Factors
"Cost Efficiency of the Product to Ampily Market Growth"
Modular bathroom pods are a cost-effective and time-saving solution for construction projects. They are manufactured off-site, which reduces on-site labor costs and can be installed quickly, minimizing construction time. Since bathroom pods are constructed in a controlled factory environment, the finished product quality can be tightly controlled and monitored. This results in consistent quality across all units and minimizes the risk of defects or issues arising during construction.
"Rising Trend Towards the Product to Boost Market Growth"
The use of pre-fabricated components assembled on-site is becoming more popular in modular construction. Bathroom pods are an important part of this trend, and their popularity is projected to expand further. These pods are becoming increasingly popular in the healthcare and hospitality industries. By providing high-quality, sanitary, and practical restroom facilities, bathroom pods can improve patient care and the guest experience. These factors are resulting in the positive modular bathroom pods market growth.
Restraining Factors
"Transportation and Installation Costs of the Product to Be a Major Restraint "
In some areas, modular bathroom pods are still relatively new, resulting in limited awareness and uptake among contractors and developers. Prefabricated bathroom pod transportation and installation necessitate meticulous planning and coordination, especially for large-scale projects. Access to building sites might be difficult due to logistical constraints. While prefabricated toilet pods make construction more efficient, professional personnel is still necessary for on-site installation and connection to the main plumbing and electrical systems.
Modular Bathroom Pods Market Regional Insights
- Request a free sample to learn more about this report
"Asia Pacific to Dominate the Market Owing High Consumption Rates"
The Asia Pacific region's modular bathroom pods market share is predicted to expand significantly. Rapid urbanization, population growth, and infrastructure development to drive the demand for efficient and cost-effective building solutions in countries such as China, India, and Southeast Asian nations.
Key Industry Players
"Market Players to Employ Tactics In Order to Amplify Market Position"
Key market players in the modular bathroom pods market are entering into strategic partnerships and collaborations to expand their product portfolios, enhance their market presence, and cater to a broader customer base. Companies are focusing on continuous product innovation to meet evolving customer demands. Customization options, such as design, fixtures, and materials, provide a competitive advantage in the market. Market players are expanding their geographical presence through acquisitions, mergers, and establishing manufacturing facilities in new regions. This enables them to cater to the increasing demand for prefabricated bathroom pods across different markets.
List of Market Players Profiled
- Walker Modular (U.K.)
- Offsite Solutions (U.K.)
- Bathsystem (U.K.)
- Interpod (Australia)
- Eurocomponents (U.K.)
Report Coverage
The report's devoted part informs about the modular bathroom pods impact of COVID-19 and its succeeding variant outbreaks on demand, supply, price, vendor uptake, and recommendations for long-term outcomes. The updated study contains insights, analyses, projections, and predictions for the portable electric bike market, considering the COVID-19 impact. The research profiles a report with extensive studies describing the firms in the market affecting the forecasting period. Detailed studies also offer a comprehensive analysis by inspecting factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 857.4 Million in 2022 |
Market Size Value By |
US$ 1412 Million by 2031 |
Growth Rate |
CAGR of 5.7% from 2022 to 2031 |
Forecast Period |
2022-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
-
What value is the global modular bathroom pods market expected to touch by 2031?
The global modular bathroom pods market is expected to reach USD 1412 million by 2031.
-
What CAGR is the global modular bathroom pods market expected to exhibit by 2031?
The global modular bathroom pods market is anticipated to exhibit a CAGR of 5.7% by the year 2031.
-
What are the driving factors of the market?
Rising consumption and cost efficeincy of the product are the major driving factors of the market.
-
Which are the key players or most dominating companies functioning in the market?
The major market players in the industry are Walker Modular (U.K.), Offsite Solutions (U.K.), Bathsystem (U.K.), Interpod (Australia), Eurocomponents (U.K.).
