Market Overview:
The global commercial chrome mixer taps 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 chrome mixer taps from residential and commercial applications. Additionally, the growing construction industry is also contributing to the growth of this market. North America is expected to lead the global commercial chrome mixer taps market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Commercial Chrome Mixer Taps are taps that are used in a business or commercial setting. They are often more durable and have a longer lifespan than residential mixer taps. Commercial chrome mixer taps can be used for both hot and cold water and can come with different spray patterns to better suit the needs of the user.
1-hole:
1-hole is a term used for the process of replacing one tap with two new taps. The growth factor in this market is the growing need to replace existing low capacity mixers with high capacity ones, and also to provide an increased level of automation in commercial places such as restaurants, hotels and hospitals.
The 1-hole chrome mixer tap can be easily installed by replacing the old mixing unit without any hassle or requirement for external support.
2-hole:
2-hole is a type of mixer tap used in commercial chrome mixers. It consists of two separate taps, one for hot and other for cold water supply. The product has gained popularity owing to its easy installation and use as compared to the 3-hole tap variant.
The 2-hole tap is available with either 1/2 or 3/4 inch male spout connections making it compatible with most faucets out there including pull down, push button,.
Application Insights:
The residential application segment led the global market and accounted for more than 54.0% share of the total revenue in 2017. The growth is attributed to increasing chrome demand from residential applications, such as kitchen taps, bathroom fittings and laundry equipment. Moreover, growing urbanization across various regions is expected to promote product demand in the upcoming years.
Commercial application is projected to expand at a CAGR of XX% over the forecast period owing to rising product penetration in new construction projects and renovation activities across hotels & restaurants sector globally. New commercial constructions require high-quality materials that are durable and efficient; therefore, commercial builders opt for chromium steel mixable taps that are corrosion resistant with excellent durability features compared with other stainless steel alternatives on account of its magnetic properties which enhance their aesthetic appeal when used within commercial building interiors thereby propelling market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing construction activities and growing population. The region is expected to witness significant growth over the forecast period, with China being a major contributor. Increasing investments by foreign players for expanding their businesses in China are expected to boost demand for commercial chrome mixer taps over the coming years.
The Middle East & Africa market is anticipated to grow at a lucrative rate of CAGR from 2018 to 2030 due its high potential and huge construction industry led by rising number of residential as well as commercial projects especially in UAE, Saudi Arabia, and Qatar.
Growth Factors:
- Increasing demand from the construction industry for mixer taps as a result of growth in new construction and renovation activities
- Rising consumer preference for mixer taps over traditional taps, owing to their enhanced features and benefits
- Proliferation of online retail platforms that offer a wide range of mixer taps at competitive prices, boosting sales
- Growing awareness about the health benefits of using chrome-plated mixer taps among consumers
- Technological advancements in the manufacturing process that lead to the development of more efficient and durable mixer taps
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Chrome Mixer Taps Market Research Report
By Type
1-hole, 2-hole, Others
By Application
Residential, Commercial
By Companies
Presto, Hansa, Galvin Engineering, Bristan, Dart Valley Systems, Swirl, Tapstore, H and C, Franke, Strom, Presto, Sloan
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Chrome Mixer Taps Market Report Segments:
The global Commercial Chrome Mixer Taps market is segmented on the basis of:
Types
1-hole, 2-hole, 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
Residential, 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:
- Presto
- Hansa
- Galvin Engineering
- Bristan
- Dart Valley Systems
- Swirl
- Tapstore
- H and C
- Franke
- Strom
- Presto
- Sloan
Highlights of The Commercial Chrome Mixer Taps 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:
- 1-hole
- 2-hole
- Others
- By Application:
- Residential
- 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 Commercial Chrome Mixer Taps 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?
Commercial Chrome Mixer Taps are a type of tap that is used in commercial settings to mix water and other liquids. They are made from chrome-plated steel and have a variety of different sizes to accommodate various needs.
Some of the major players in the commercial chrome mixer taps market are Presto, Hansa, Galvin Engineering, Bristan, Dart Valley Systems, Swirl, Tapstore, H and C, Franke, Strom, Presto, Sloan.
The commercial chrome mixer taps 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 Commercial Chrome Mixer Taps 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 Commercial Chrome Mixer Taps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Chrome Mixer Taps 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 Commercial Chrome Mixer Taps 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 Commercial Chrome Mixer Taps Market Size & Forecast, 2020-2028
4.5.1 Commercial Chrome Mixer Taps Market Size and Y-o-Y Growth
4.5.2 Commercial Chrome Mixer Taps Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 1-hole
5.2.2 2-hole
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Chrome Mixer Taps 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 Commercial Chrome Mixer Taps 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 1-hole
9.6.2 2-hole
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 Market Size Forecast by Applications
9.10.1 Residential
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 1-hole
10.6.2 2-hole
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 Market Size Forecast by Applications
10.10.1 Residential
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 1-hole
11.6.2 2-hole
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 Market Size Forecast by Applications
11.10.1 Residential
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 1-hole
12.6.2 2-hole
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 Market Size Forecast by Applications
12.10.1 Residential
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 1-hole
13.6.2 2-hole
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) Market Size Forecast by Applications
13.10.1 Residential
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 Commercial Chrome Mixer Taps Market: Competitive Dashboard
14.2 Global Commercial Chrome Mixer Taps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Presto
14.3.2 Hansa
14.3.3 Galvin Engineering
14.3.4 Bristan
14.3.5 Dart Valley Systems
14.3.6 Swirl
14.3.7 Tapstore
14.3.8 H and C
14.3.9 Franke
14.3.10 Strom
14.3.11 Presto
14.3.12 Sloan
