The global residential faucets market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by factors such as increasing demand for quality products and increasing awareness about the importance of hygiene in households.
Onhand mixers are expected to be the fastest-growing type segment in the global residential faucets market during the forecast period, with a CAGR of 5%. This growth can be attributed to their low cost and ease of installation. Pillars are expected to be the second-fastest growing type segment in this market, with a CAGR of 4%. This growth can be attributed to their high durability and aesthetic appeal. Twhand mixers are expected to witness moderate growth during the forecast period, with a CAGR of 3%.
-The global residential faucets market is expected to grow at a CAGR of 3.5% from 2017 to 2022.
-The growth of the residential faucets market is driven by factors such as increasing demand for high quality products, growing awareness about the importance of water conservation, and increasing disposable income in emerging economies.
-Increasing demand for high quality products: The demand for high quality products has increased due to the rising awareness about the importance of water conservation and health issues related to poor sanitation. This has led consumers to prefer branded products over unbranded ones which are cheaper but have lower quality standards -Growing awareness about the importance of water conservation: The growing awareness among consumers about the need for conserving water has led them towards using low flow or dual flush toilets and low flow showerheads which consume less water than conventional fixtures. This trend is expected to continue in future as well with more people becoming aware about this issue and opting for these fixtures over conventional ones that consume more water per use.
Industry Growth Insights published a new data on “Residential Faucets Market”. The research report is titled “Residential Faucets Market research by Types (One-hand mixers, Pillars, Two-hand mixers), By Applications (Bathroom faucets, Kitchen faucets), By Players/Companies LIXIL Group, Masco, Spectrum Brands, Zurn Industries, Vigo Industries, BRIZO KITCHEN & BATH COMPANY, Elements of Design, Freuer Faucets, Jaquar, Kingston Brass, Premier Faucet, Ultra Faucets”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Faucets Market Research Report
By Type
One-hand mixers, Pillars, Two-hand mixers
By Application
Bathroom faucets, Kitchen faucets
By Companies
LIXIL Group, Masco, Spectrum Brands, Zurn Industries, Vigo Industries, BRIZO KITCHEN & BATH COMPANY, Elements of Design, Freuer Faucets, Jaquar, Kingston Brass, Premier Faucet, Ultra Faucets
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Residential Faucets Market Report Segments:
The global Residential Faucets market is segmented on the basis of:
Types
One-hand mixers, Pillars, Two-hand mixers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bathroom faucets, Kitchen faucets
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LIXIL Group
- Masco
- Spectrum Brands
- Zurn Industries
- Vigo Industries
- BRIZO KITCHEN & BATH COMPANY
- Elements of Design
- Freuer Faucets
- Jaquar
- Kingston Brass
- Premier Faucet
- Ultra Faucets
Highlights of The Residential Faucets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- One-hand mixers
- Pillars
- Two-hand mixers
- By Application:
- Bathroom faucets
- Kitchen faucets
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Residential Faucets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Residential faucets are the most common type of faucet in use in homes. They come in a variety of styles and materials, including metal, plastic, and ceramic.
Some of the major players in the residential faucets market are LIXIL Group, Masco, Spectrum Brands, Zurn Industries, Vigo Industries, BRIZO KITCHEN & BATH COMPANY, Elements of Design, Freuer Faucets, Jaquar, Kingston Brass, Premier Faucet, Ultra Faucets.
The residential faucets market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Residential Faucets Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Residential Faucets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Residential Faucets Market - Supply Chain
4.5. Global Residential Faucets Market Forecast
4.5.1. Residential Faucets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Residential Faucets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Residential Faucets Market Absolute $ Opportunity
5. Global Residential Faucets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Residential Faucets Market Size and Volume Forecast by Type
5.3.1. One-hand mixers
5.3.2. Pillars
5.3.3. Two-hand mixers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Residential Faucets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Residential Faucets Market Size and Volume Forecast by Application
6.3.1. Bathroom faucets
6.3.2. Kitchen faucets
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Residential Faucets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Residential Faucets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Residential Faucets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Residential Faucets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Residential Faucets Demand Share Forecast, 2019-2026
9. North America Residential Faucets Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Residential Faucets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Residential Faucets Market Size and Volume Forecast by Application
9.4.1. Bathroom faucets
9.4.2. Kitchen faucets
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Residential Faucets Market Size and Volume Forecast by Type
9.7.1. One-hand mixers
9.7.2. Pillars
9.7.3. Two-hand mixers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Residential Faucets Demand Share Forecast, 2019-2026
10. Latin America Residential Faucets Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Residential Faucets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Residential Faucets Market Size and Volume Forecast by Application
10.4.1. Bathroom faucets
10.4.2. Kitchen faucets
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Residential Faucets Market Size and Volume Forecast by Type
10.7.1. One-hand mixers
10.7.2. Pillars
10.7.3. Two-hand mixers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Residential Faucets Demand Share Forecast, 2019-2026
11. Europe Residential Faucets Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Residential Faucets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Residential Faucets Market Size and Volume Forecast by Application
11.4.1. Bathroom faucets
11.4.2. Kitchen faucets
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Residential Faucets Market Size and Volume Forecast by Type
11.7.1. One-hand mixers
11.7.2. Pillars
11.7.3. Two-hand mixers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Residential Faucets Demand Share, 2019-2026
12. Asia Pacific Residential Faucets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Residential Faucets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Residential Faucets Market Size and Volume Forecast by Application
12.4.1. Bathroom faucets
12.4.2. Kitchen faucets
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Residential Faucets Market Size and Volume Forecast by Type
12.7.1. One-hand mixers
12.7.2. Pillars
12.7.3. Two-hand mixers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Residential Faucets Demand Share, 2019-2026
13. Middle East & Africa Residential Faucets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Residential Faucets Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Residential Faucets Market Size and Volume Forecast by Application
13.4.1. Bathroom faucets
13.4.2. Kitchen faucets
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Residential Faucets Market Size and Volume Forecast by Type
13.7.1. One-hand mixers
13.7.2. Pillars
13.7.3. Two-hand mixers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Residential Faucets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Residential Faucets Market: Market Share Analysis
14.2. Residential Faucets Distributors and Customers
14.3. Residential Faucets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LIXIL Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Masco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Spectrum Brands
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zurn Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vigo Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BRIZO KITCHEN & BATH COMPANY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Elements of Design
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Freuer Faucets
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jaquar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kingston Brass
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Premier Faucet
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ultra Faucets
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
