Market Overview:
The global bath vanity market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bathroom vanity from households and commercial applications. In terms of type, the single sink segment is expected to dominate the global bath vanity market during the forecast period. However, in terms of CAGR, the double sink segment is projected to grow at a higher rate than other segments during 2018-2030. Regionally, North America dominates the global bath vanity market followed by Europe and Asia Pacific respectively.
Product Definition:
The term bath vanity is used to describe a piece of furniture that is placed in the bathroom and that has a sink and countertop on it. Bath vanities are important because they provide a place for people to wash their hands and brush their teeth. They also provide storage space for toiletries.
Single Sink:
Single sink vanities are also known as one-piece or single-unit bathroom vanities. They comprise a sink, which is usually embedded in the vanity top and there is no separate cabinet for storage. The one piece construction of the product makes it more affordable and thus increases its demand among budget-conscious consumers. Moreover, these products take up less space due to their compact design and thus they are preferred by small sized bathrooms as well as those with limited space available.
Double Sink:
Double sink is a bathroom fixture that has two separate sinks or washbasins. It can be designed in such a way that both the sinks are at the same level, one above the other, or one below the other. The main objective of having double sink is to save space and provide convenient access to both hands and feet at the same time while using any of these washrooms.
The global bath vanity market size was valued at USD 1,16 billion in 2016.
Application Insights:
The commercial application segment dominated the global bath vanity market, accounting for more than 60.0% share of the total revenue in 2017. The growth of this segment is attributed to increasing construction activities in hotels and restaurants across various regions including Asia Pacific, Middle East & Africa and Europe. A growing number of hotel construction projects in emerging economies such as China, India and Brazil is expected to positively impact industry growth over the forecast period.
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 construction activities, coupled with growing demand for single-family houses from population growth and rising disposable income. Moreover, changing lifestyles of consumers are leading them towards a bathroom space that suits their requirements and this has led to increased spending on home d©cor products such as vanity units.
North America is anticipated to witness significant growth over the next eight years owing to an increase in renovation projects by individuals as well as commercial buildings such as offices, restaurants, hotels among others due to high standards of living coupled with increased expenditure on home d©cor products including double sinks vanities. Furthermore, increasing number of remodeling projects will drive product demand further driving revenue generation for bath vanities in North America region during the forecast period.
Growth Factors:
- Increasing demand for bathroom vanity due to the growing population and rising disposable income.
- Rising trend of home improvement and remodeling, which is driving the demand for bathroom vanity.
- Growing popularity of online retailing, which is providing a platform for vendors to sell their products directly to consumers. This is resulting in lower prices and wider product availability, thereby boosting the sales of bathroom vanity.
- Proliferation of luxury hotels and resorts across the globe is fueling the demand for high-end bathroom vanity units with intricate designs and features.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bath Vanity Market Research Report
By Type
Single Sink, Double Sink
By Application
Household, Commercial
By Companies
Kohler, IKEA, TOTO, American Woodmark Corporation, American Standard, Porcelanosa, Huida Group, D&O Home Collection, FOREMOST GROUP, Virtu USA, OVE DÉCOR, CABICO, Bertch, Cutler Group, Design Element, Legion Furniture, Strasser Woodenworks
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Bath Vanity Market Report Segments:
The global Bath Vanity market is segmented on the basis of:
Types
Single Sink, Double Sink
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
Household, Commercial
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:
- Kohler
- IKEA
- TOTO
- American Woodmark Corporation
- American Standard
- Porcelanosa
- Huida Group
- D&O Home Collection
- FOREMOST GROUP
- Virtu USA
- OVE DÉCOR
- CABICO
- Bertch
- Cutler Group
- Design Element
- Legion Furniture
- Strasser Woodenworks
Highlights of The Bath Vanity 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:
- Single Sink
- Double Sink
- By Application:
- Household
- Commercial
- 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 Vanity 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?
A bath vanity is a small, often decorative cabinet that sits in the corner of a bathroom and contains all of the necessary items for bathing. These may include a sink, toilet, shower, and storage space for towels and other supplies.
Some of the major companies in the bath vanity market are Kohler, IKEA, TOTO, American Woodmark Corporation, American Standard, Porcelanosa, Huida Group, D&O Home Collection, FOREMOST GROUP, Virtu USA, OVE D‰COR, CABICO, Bertch, Cutler Group, Design Element, Legion Furniture, Strasser Woodenworks.
The bath vanity market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bath Vanity 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 Vanity Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bath Vanity 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 Vanity 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 Vanity Market Size & Forecast, 2018-2028
4.5.1 Bath Vanity Market Size and Y-o-Y Growth
4.5.2 Bath Vanity Market Absolute $ Opportunity
Chapter 5 Global Bath Vanity 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 Vanity Market Size Forecast by Type
5.2.1 Single Sink
5.2.2 Double Sink
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bath Vanity 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 Vanity Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bath Vanity 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 Vanity 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 Vanity Analysis and Forecast
9.1 Introduction
9.2 North America Bath Vanity 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 Vanity Market Size Forecast by Type
9.6.1 Single Sink
9.6.2 Double Sink
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 Vanity Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
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 Vanity Analysis and Forecast
10.1 Introduction
10.2 Europe Bath Vanity 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 Vanity Market Size Forecast by Type
10.6.1 Single Sink
10.6.2 Double Sink
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 Vanity Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
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 Vanity Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bath Vanity 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 Vanity Market Size Forecast by Type
11.6.1 Single Sink
11.6.2 Double Sink
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 Vanity Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
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 Vanity Analysis and Forecast
12.1 Introduction
12.2 Latin America Bath Vanity 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 Vanity Market Size Forecast by Type
12.6.1 Single Sink
12.6.2 Double Sink
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 Vanity Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
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 Vanity Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bath Vanity 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 Vanity Market Size Forecast by Type
13.6.1 Single Sink
13.6.2 Double Sink
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 Vanity Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
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 Vanity Market: Competitive Dashboard
14.2 Global Bath Vanity Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kohler
14.3.2 IKEA
14.3.3 TOTO
14.3.4 American Woodmark Corporation
14.3.5 American Standard
14.3.6 Porcelanosa
14.3.7 Huida Group
14.3.8 D&O Home Collection
14.3.9 FOREMOST GROUP
14.3.10 Virtu USA
14.3.11 OVE DÉCOR
14.3.12 CABICO
14.3.13 Bertch
14.3.14 Cutler Group
14.3.15 Design Element
14.3.16 Legion Furniture
14.3.17 Strasser Woodenworks
