Shower Enclosure and Cubicles Market REPORT OVERVIEW
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The global shower enclosure and cubicles market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.
A shower enclosure is a watertight structure with enclosing walls, a draining floor, and a door or an open access way, which enables the end-user to have a tub bath or take a shower while effectively keeping the water within the tub or shower area from overflowing onto the surrounding floor. Shower enclosures and cubicles are designed to prevent the water flowing from the shower head into the areas surrounding them, thus ensuring that these areas remain dry.
The growing demand for the product in residential and non-residential areas is estimated to fuel market growth. The equipment is usually used to create space in the bathroom. It is available in different shapes and sizes, which is anticipated to drive market growth. Rise in need for premium shower and increased popularity of bathroom décor is anticipated to foster market progress. Increased need to improve overall design of bathroom. Adoption of the equipment ensures effective water flow, encircling walls, door or an open access way, and a draining floor, which is anticipated to fuel market growth in the coming years. Rise in disposable income and increased spending capacity which is estimated to drive market progress. Rapid urbanization and huge need for developed technologies is anticipated to fuel market growth. On the contrary, high cost and decrease in the consumer expenditure on luxury items is anticipated challenge market growth in the near future.
COVID-19 Impact: Shutdown of Stores and Manufacturing Units to Restrict Market Growth
Lower demand for the equipment and lack of requirement for luxury items to hamper market growth. Shutdown of stores and manufacturing units to restrict market growth. Further, lockdown restrictions and closing of stores to affect market growth.
LATEST TRENDS
"Growing Need for Bathroom Décor among Population to Surge Market Growth "
The increased need to decorate and renovate bathroom is estimated to fuel market growth. Rise in popularity of bathroom décor and it is a watertight structure with enclosing walls, a draining floor, and a door or an open access way, which enables the end-user to have a tub bath or take a shower while effectively keeping the water within the tub or shower area from overflowing onto the surrounding floor. Shower enclosures and cubicles are designed to prevent the water flowing from the shower head into the areas surrounding them, thus ensuring that these areas remain dry. These factors are estimated to surge market growth in the forthcoming years.
Shower Enclosure and Cubicles Market SEGMENTATION
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- By Type
Based on type, the market is divided into stainless steel, plastic, glass, and other.
Stainless steel is expected to be the top part of type segmentation.
- By Application
Based on the application, the market is divided into residential and non-residential.
Residential is expected to be the top part of application segmentation.
DRIVING FACTORS
"Rise in Building Refurbishment Activities to Surge Market Growth "
The rise in demand for building refurbishment activities and growing demand for the product in residential and non-residential areas is estimated to fuel market growth. The equipment is usually used to create space in the bathroom. It is available in different shapes and sizes, which is anticipated to drive market growth. Rise in need for premium shower and increased popularity of bathroom décor is anticipated to foster market progress. Increased need to improve overall design of bathroom. Adoption of the equipment ensures effective water flow, encircling walls, door or an open access way, and a draining floor, which is anticipated to fuel market growth in the coming years.
"Increased Spending Capacity and Growing Disposable Income to Boost Market Growth"
The increased spending capacity and rise in disposable income is anticipated to boost market growth. Huge need to install advanced technology and modern equipment is estimated to drive market growth. Rapid urbanization and huge need for developed technologies is anticipated to fuel market growth.
RESTRAINING FACTORS
"High Cost and Decrease in The Consumer Expenditure On Luxury Items to Hamper Market Growth"
The high cost and decrease in the consumer expenditure on luxury items is anticipated challenge market growth in the near future.
Shower Enclosure and Cubicles Market REGIONAL INSIGHTS
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"Enhanced Standard of Living in North America to Drive Market Share "
North America is estimated to account for the largest shower enclosure and cubicles market share owing to enhanced standard of living and rise in expenditure. Presence of market players is estimated to surge market growth. The equipment is usually used to create space in the bathroom. It is available in different shapes and sizes, which is anticipated to drive market growth. Rise in need for premium shower and increased popularity of bathroom décor is anticipated to foster market progress. Increased need to improve overall design of bathroom. Adoption of the equipment ensures effective water flow, encircling walls, door or an open access way, and a draining floor, which is anticipated to fuel market growth in the coming years. Rise in disposable income and increased spending capacity which is estimated to drive market progress. Rapid urbanization and huge need for developed technologies is anticipated to fuel market growth.
KEY INDUSTRY PLAYERS
"Leading Players Adopt New Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Huppe (Canada)
- Jaquar (India)
- Duravit (Germany)
- Kohler (U.S.)
- LIXIL Group (Japan)
- Porcelanosa (Spain)
- Masco (U.S.)
- American Shower Door Corporation (U.S.)
- Lakes Bathrooms (U.K.)
- Fleurco (U.S.)
- Ritec (U.S.)
- Holcam (U.S.)
- Roda (Germany)
- Korraware (China)
- Cardinal Shower Enclosures (U.S.)
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the 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.
Frequently Asked Questions
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What is the leading region in the shower enclosure and cubicles market?
The leading region in the shower enclosure and cubicles market is North America.
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What are the driving factors help pushing the shower enclosure and cubicles market?
The drivers of the shower enclosure and cubicles market are rise in building refurbishment activities and increased spending capacity and growing disposable income.
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Which are the key player or most dominating companies functioning in the shower enclosure and cubicles market?
Huppe, Jaquar, Duravit, Kohler, LIXIL Group, Porcelanosa, Masco, American Shower Door Corporation, Lakes Bathrooms, Fleurco, Ritec, Holcam, Roda, Korraware, and Cardinal Shower Enclosures are the key player or most dominating companies functioning in the shower enclosure and cubicles market.
