Shower Heads And Shower Panels Market Report Overview
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The global shower heads and shower panels market size was USD 3089.5 million in 2022 and is projected to touch USD 4473.99 million by 2031, exhibiting a CAGR of 4.2% during the forecast period.
The fittings known as shower heads are used to direct the water spray in a bathroom shower. Shower panels, sometimes known as shower towers, are multi-outlet showers that include body jets, adjustable massage nozzles, hand sprays, and showerheads all in one unit. The need for bath fittings and accessories would increase at a rapid rate, driven by factors such as growing urbanization, rising disposable income, rising awareness, expanding real estate market, and expanding hospitality industry.
Shower heads are accessories that are used to direct the water spray in a bathroom shower. Shower panels, sometimes known as shower towers, are multi-outlet showers that include showerheads, hand sprays, movable massage nozzles, and body jets into a single device. The demand for bathroom fixtures and accessories will keep increasing at a strong rate, driven by factors such as rising urbanization, rising disposable income, rising public awareness, expanding real estate market, and expanding hospitality industry.
COVID-19 Impact: Building Operations on Hold During the Lockdown Period Led to the Market’s Decline
The global COVID-19 pandemic has been unprecedented and staggering, with sports coaching platforms experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The sanitary ware market is impacted in a cascading manner by Covid-19. Because fewer remodeling and refurbishment projects are being undertaken as a result of the Corona epidemic, there is a delay in the demand for sanitary products. All building operations have been put on hold as a result of the Corona Pandemic, and this industry was the largest driver of the need for sanitary products. The COVID-19 epidemic has an impact on the whole construction materials industry.
LATEST TRENDS
"Increasing Trends in Decorative Bath Fitting to Propel the Market Demands"
Decorative bath hardware is becoming more popular among customers as a way to give their bathrooms personality and refinement. The trend in decorative bath fittings is toward a clean and minimalist design. Open floor plans, ergonomic concerns, new technologies, simplified design trends, and user needs for ease of use are noteworthy aspects impacting the trends in the bathroom hardware market. The market for shower heads and panels is expected to gain from rising household expenditure on kitchen and bathroom remodeling projects. The COVID-19 pandemic's psychological effects on homeowners are to blame for the trend. More and more homeowners are actively working on renovation projects, claiming numerous justifications including improved functioning and a fresh appearance.
Shower Heads And Shower Panels Market Segmentation
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- By Type Analysis
By type, market is segmented into shower heads and shower panels. The shower head segment will dominate the market in the coming years.
- By Application Analysis
Based on applications, the market is classified into household use and commercial use. The household use segment will lead the global share through 2028.
DRIVING FACTORS
"Increased Used of Brass Shower heads to Boost the Market "
Because they are more durable than standard showerheads and panels, emerging trends like the increased use of brass shower heads and panels are quickly gaining favor. After a steam or hot bath, bathrooms become extremely humid, thus materials like brass or brass showerheads with chrome plating are quickly gaining popularity since they are less likely to rust.
"Cost- Effective and Convenience of Style to Push the Market Growth"
Due to other factors including its cost-effectiveness and convenience of style, as well as others, it is projected that its acceptance would expand during the projection period. Urbanization is expanding quickly, and people are becoming more conscious of the need for energy and water conservation, which are the two key factors driving this market's expansion.
RESTRAINING FACTORS
"Intense Rivalry and Rusting of Showers Due to Humidity to Hinder the Market Demand"
There are still a lot of consumers who don't think they need to use the shower and don't have showers in their houses. Additionally, the showers begin to rust as the humidity in the bathrooms increases, which restrains the expansion of this industry. The primary obstacle facing the worldwide market for shower panels and heads is intense rivalry from other businesses.
Shower Heads And Shower Panels Market Regional Insights
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"North America to Hold the Highest Global Shower Heads and Shower Panels Market Share"
Because of the presence of significant important companies, North America dominates the market for water-saving shower heads.
The market for water-saving shower heads is anticipated to expand significantly in Asia-Pacific as a result of the region's growing urbanization.
In developed countries, more expensive prices and more upscale product selections are the main drivers of sales. The demand for shower heads and shower panels is primarily driven by rising income levels and a shift in lifestyle in emerging countries. Demand for shower items, particularly in the entry-level product category, will increase as rural water infrastructure improvements.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
List of Market Players Profiled
- Aqualisa (UK.)
- Gainsborough Showers (U.K.)
- Aloys F. Dornbracht (Germany)
- Grohe (Germany)
- Jacuzzi Group (U.S.)
- Jaquar & Company (India)
- Kohler Co (U.S.)
- Masco Corporation (U.S.)
- Hansgrohe (Germany)
- Moen, Inc. (U.S.)
- MX Group (U.S.)
- ROHL LLC (U.S.)
- TRITON SHOWERS (U.K.)
- Vigo Industries (U.S.)
- Vola A/S (Denmark)
- Zoe Industries (U.S.)
REPORT COVERAGE
The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 3089.5 Million in 2022 |
Market Size Value By |
US$ 4473.99 Million by 2031 |
Growth Rate |
CAGR of 4.2% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Types & Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the shower heads and shower panels market expected to touch by 2031?
Over the research period, the shower heads and shower panels market will be reaching USD 4473.99 million in 2031.
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What CAGR is the shower heads and shower panels market expected to exhibit by 2031?
The shower heads and shower panels market is expected to exhibit a CAGR of 4.2% by 2031.
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Which are the driving factors of the shower heads and shower panels market?
Increased used of brass shower heads and cost- effective and convenience of style are the driving factors of the shower heads and shower panels market.
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Which are the top companies operating in the shower heads and shower panels market?
Kohler Co, Moen, Inc, Grohe, ROHL LLC and Vola A/S are the top companies operating the shower heads and shower panels market.