Market Overview:
The global bathroom sink & faucet services 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 sink & faucet services in commercial applications and the growing awareness about plumbing and home improvement services among consumers. In terms of type, the installation segment is expected to dominate the global bathroom sink & faucet services market during the forecast period, followed by repair. In terms of application, household applications are expected to account for a majority share of the global bathroom sink & faucet services market during the forecast period.
Product Definition:
Bathroom sink and faucet services are important because they provide a way for people to wash their hands and faces. They are also necessary for cleaning dishes and other objects.
Installation:
Installation is the process of physically installing a product in a building structure or on an existing surface. It includes several sub-processes like drilling, tapping, mounting and connecting various parts of the installation device with plumbing fixtures. The global bathroom sink & faucet services market is expected to grow at a significant rate owing to increasing demand for modern bathrooms with built-in sinks and faucets as well as growing consumer awareness regarding maintenance of bathroom spaces.
Repair:
Repair and it's usage in bathroom sink & faucet services market is a process of restoring or repairing any kind of damage that has been done to the property. It can be used for various appliances such as sinks, toilets, bathtubs, showerheads and faucets among others. Repairing an item does not mean that it is no longer functional; rather it means that there is some fault with the mechanism which needs to be fixed so that the item works properly again.
Application Insights:
The commercial application segment dominated the global bathroom sink and faucet services market, accounting for more than 60.0% share of the total revenue in 2017. This is attributed to a rise in demand from hotels, restaurants and other hospitality industries for premium-quality products with aesthetic appeal. The commercial spaces require durable products that are easy to clean and maintain, which has driven manufacturers to develop innovative products with superior quality at affordable prices.
The household application segment is expected to expand at the fastest CAGR of XX% over the forecast period owing to rising purchasing power of middle-class income groups across developing countries including China, India and Brazil who are increasingly spending on premium-quality home dĩcor items including sinks along with other decorative accessories such as towel racks and toiletries organizers that enhance their homes' aesthetics significantly.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its position throughout the forecast period owing to high demand for bathroom remodeling projects and growing consumer awareness about maintaining hygiene. Asia Pacific, on the other hand, is anticipated to register significant growth over the coming years due to increasing construction activities in residential as well as commercial sectors. Moreover, rising number of households due to growing population will drive regional growth further.
The key players operating in this industry are American Standard;Bathroom Faucet LLC.;Bauhaus;Delta Products Corp.;Euro-Domein;Faucet USA;Kohler Co.;Lavo Interior Systems Sdn Bhd (Neo);MB f¤rger AB (M¥belserVICE));Rome Sinks & Faucets Inc.
Growth Factors:
- Increasing demand for bathroom sink and faucet services due to the growth of the construction industry.
- Rising disposable income of consumers, which is resulting in an increase in spending on luxury items such as bathroom sink and faucet services.
- The growing trend of home improvement projects, which is driving demand for bathroom sink and faucet services.
- The increasing popularity of remodeling bathrooms, which is contributing to the growth of the bathroom sink and faucet services market. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Bathroom Sink & Faucet Services Market Research Report
By Type
Installation, Repair
By Application
Household, Commercial
By Companies
Home Depot, Auckland, Lowe's, Sam T's Plumbing & Sewer LLC, Groggs Home Services, Mr. Rooter, I ROOTER & PLUMBING, Winters Home Services, My Local Plumber, HEB Plumbing & Sprinkler
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Bathroom Sink & Faucet Services Market Report Segments:
The global Bathroom Sink & Faucet Services market is segmented on the basis of:
Types
Installation, Repair
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:
- Home Depot
- Auckland
- Lowe's
- Sam T's Plumbing & Sewer LLC
- Groggs Home Services
- Mr. Rooter
- I ROOTER & PLUMBING
- Winters Home Services
- My Local Plumber
- HEB Plumbing & Sprinkler
Highlights of The Bathroom Sink & Faucet Services 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:
- Installation
- Repair
- 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 Bathroom Sink & Faucet Services 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?
Bathroom sink & faucet services are a type of plumbing service that is used to repair or replace a bathroom sink or faucet.
Some of the key players operating in the bathroom sink & faucet services market are Home Depot, Auckland, Lowe's, Sam T's Plumbing & Sewer LLC, Groggs Home Services, Mr. Rooter, I ROOTER & PLUMBING, Winters Home Services, My Local Plumber, HEB Plumbing & Sprinkler.
The bathroom sink & faucet services 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 Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market Size & Forecast, 2018-2028
4.5.1 Bathroom Sink & Faucet Services Market Size and Y-o-Y Growth
4.5.2 Bathroom Sink & Faucet Services Market Absolute $ Opportunity
Chapter 5 Global Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market Size Forecast by Type
5.2.1 Installation
5.2.2 Repair
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Analysis and Forecast
9.1 Introduction
9.2 North America Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market Size Forecast by Type
9.6.1 Installation
9.6.2 Repair
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 Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Analysis and Forecast
10.1 Introduction
10.2 Europe Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market Size Forecast by Type
10.6.1 Installation
10.6.2 Repair
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 Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market Size Forecast by Type
11.6.1 Installation
11.6.2 Repair
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 Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market Size Forecast by Type
12.6.1 Installation
12.6.2 Repair
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 Bathroom Sink & Faucet Services 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) Bathroom Sink & Faucet Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bathroom Sink & Faucet Services 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) Bathroom Sink & Faucet Services Market Size Forecast by Type
13.6.1 Installation
13.6.2 Repair
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) Bathroom Sink & Faucet Services 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 Bathroom Sink & Faucet Services Market: Competitive Dashboard
14.2 Global Bathroom Sink & Faucet Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Home Depot
14.3.2 Auckland
14.3.3 Lowe's
14.3.4 Sam T's Plumbing & Sewer LLC
14.3.5 Groggs Home Services
14.3.6 Mr. Rooter
14.3.7 I ROOTER & PLUMBING
14.3.8 Winters Home Services
14.3.9 My Local Plumber
14.3.10 HEB Plumbing & Sprinkler
