Market Overview:
The global bath furnishing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for bathroom furniture, fittings, and other accessories across the globe. Additionally, the growing trend of online retail is also propelling the growth of this market. The global bath furnishing market by type is segmented into furniture, fittings, and others. The furniture segment accounted for a major share of the global bath furnishing market in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to rising demand for bathroom vanity units, cabinets, mirrors etc., across regions. The fittings segment includes taps, showers etc., which are witnessing high adoption due to their ability to enhance aesthetics of bathrooms on a budget. On basis of application type; Offline application accounted for majority share in 2017 and it will continue its dominance over next few years owing sturdy construction quality withstanding regular use over long periods along with better after sales service network offered by offline retailers as compared online counterparts .
Product Definition:
The furnishing of a bath usually refers to the installation of fixtures such as a sink, toilet, and shower or bathtub. The importance of having proper bathroom furniture cannot be overstated - it is one of the most-used rooms in any home. Not only does it provide necessary facilities for hygiene and grooming, but also offers a place to relax after a long day.
Furniture:
Furniture is an integral part of any house. It helps in providing safety, support and comfort to the body. Furniture also provides psychological benefits such as it gives us a feeling of security and makes us feel that everything is under control. In addition, furniture also helps in creating different ambiances for various parts of the house according to the user’s requirement which eases out day-to-day life.
Fittings:
Fittings are the parts that are installed in a bath or shower to control water pressure, temperature and flow. There are various types of fittings available in the market such as faucets, showerheads, handrails and others. The growing trend of bathroom remodeling is expected to boost product demand over the forecast period. In addition, rising awareness regarding hygiene among consumers is also projected to fuel growth over the next few years.
Application Insights:
The online application segment held the largest share of over 60.0% in 2017. The growth can be attributed to the growing preference for online shopping due to hectic work schedules and need for convenience among consumers around the world. Offline applications include hotels, hospitals, restaurants, institutional furniture such as schools and colleges, public washrooms/restrooms and commercial offices.
Hotels are expected to emerge as one of the fastest-growing application segments over the forecast period owing to increasing construction of new hotels across various countries worldwide including China, India Japan U.K., Australia New Zealand France Germany Italy Spain etcetera). A significant factor contributing towards segment growth is an increase in demand from luxury hotel chains that are expanding at a rapid pace across several countries worldwide including Europe Asia Pacific North America & Middle East & Africa Latin America Brazil etcetera).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing online as well as offline sales of these products in this region. The growing population, rising standards of living, rapid urbanization and increasing disposable income levels are also contributing toward regional growth. Moreover, countries such as China and India are witnessing a surge in branded retail outlets due to changing consumer preferences towards luxury lifestyle coupled with an increase in spending capacity among middle-class income groups. These factors will help Asia Pacific maintain its position at the forefront throughout the forecast years.
North America is projected to witness significant growth over the next eight years owing to shifting consumer focus towards high quality furniture from cheaper alternatives such as home furnishing products made from synthetic or natural fibers along with metal goods including kitchenware, cutlery & tableware items used for dining purpose across all classifications including upper middle class (UBC) and high-income groups (HIG).
Growth Factors:
- Increasing disposable income of the population: The disposable income of the population is increasing, which is resulting in an increase in demand for luxury items such as bath furnishing.
- Rising popularity of home improvement shows: Home improvement shows are becoming increasingly popular, and this is resulting in an increase in demand for bath furnishing products.
- Growing trend of bathroom remodeling: There is a growing trend of bathroom remodeling, which is benefiting the bath furnishing market.
- Proliferation of online retailing: Online retailing is proliferating rapidly, and this is benefiting the bath furnishing market as consumers are able to purchase these products at lower prices online. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Bath Furnishing Market Research Report
By Type
Furniture, Fittings, Others
By Application
Online, Offline
By Companies
Toto Ltd., Kohler Co., GROHE AMERICA, INC., Ideal Standard International, Hansgrohe, Moen Incorporated, Roca Sanitario, S.A., Villeroy & Boch Group, Arrow Bathrooms and Kitchens Ltd, CRW Bathrooms
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Bath Furnishing Market Report Segments:
The global Bath Furnishing market is segmented on the basis of:
Types
Furniture, Fittings, Others
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
Online, Offline
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:
- Toto Ltd.
- Kohler Co.
- GROHE AMERICA, INC.
- Ideal Standard International
- Hansgrohe
- Moen Incorporated
- Roca Sanitario, S.A.
- Villeroy & Boch Group
- Arrow Bathrooms and Kitchens Ltd
- CRW Bathrooms
Highlights of The Bath Furnishing 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:
- Furniture
- Fittings
- Others
- By Application:
- Online
- Offline
- 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 Bath Furnishing 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Bath furnishings are the items used in a bathroom, such as towels, bath mats, shower caddies and toiletry organizers.
Some of the major players in the bath furnishing market are Toto Ltd., Kohler Co., GROHE AMERICA, INC., Ideal Standard International, Hansgrohe, Moen Incorporated, Roca Sanitario, S.A., Villeroy & Boch Group, Arrow Bathrooms and Kitchens Ltd, CRW Bathrooms.
The bath furnishing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bath Furnishing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bath Furnishing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bath Furnishing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bath Furnishing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bath Furnishing Market Size & Forecast, 2018-2028
4.5.1 Bath Furnishing Market Size and Y-o-Y Growth
4.5.2 Bath Furnishing Market Absolute $ Opportunity
Chapter 5 Global Bath Furnishing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bath Furnishing Market Size Forecast by Type
5.2.1 Furniture
5.2.2 Fittings
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bath Furnishing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bath Furnishing Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bath Furnishing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bath Furnishing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bath Furnishing Analysis and Forecast
9.1 Introduction
9.2 North America Bath Furnishing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bath Furnishing Market Size Forecast by Type
9.6.1 Furniture
9.6.2 Fittings
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bath Furnishing Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bath Furnishing Analysis and Forecast
10.1 Introduction
10.2 Europe Bath Furnishing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bath Furnishing Market Size Forecast by Type
10.6.1 Furniture
10.6.2 Fittings
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bath Furnishing Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bath Furnishing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bath Furnishing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bath Furnishing Market Size Forecast by Type
11.6.1 Furniture
11.6.2 Fittings
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bath Furnishing Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bath Furnishing Analysis and Forecast
12.1 Introduction
12.2 Latin America Bath Furnishing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bath Furnishing Market Size Forecast by Type
12.6.1 Furniture
12.6.2 Fittings
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bath Furnishing Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bath Furnishing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bath Furnishing Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bath Furnishing Market Size Forecast by Type
13.6.1 Furniture
13.6.2 Fittings
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bath Furnishing Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bath Furnishing Market: Competitive Dashboard
14.2 Global Bath Furnishing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toto Ltd.
14.3.2 Kohler Co.
14.3.3 GROHE AMERICA, INC.
14.3.4 Ideal Standard International
14.3.5 Hansgrohe
14.3.6 Moen Incorporated
14.3.7 Roca Sanitario, S.A.
14.3.8 Villeroy & Boch Group
14.3.9 Arrow Bathrooms and Kitchens Ltd
14.3.10 CRW Bathrooms
