Market Overview:
The global composite kitchen sink market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for kitchen sinks across the globe, owing to their various benefits such as easy cleaning and maintenance, durability, and low-cost installation. In terms of type, the LED light segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to the growing demand for energy-efficient lighting solutions across residential and commercial applications.
Product Definition:
A composite kitchen sink is made of two materials, usually stainless steel and granite. The granite is used for the basin because it is durable and easy to clean. The stainless steel is used for the rim and sides of the sink because it does not corrode or stain. Composite kitchen sinks are popular because they are affordable, durable, and easy to clean.
LED Light:
LED light is a new concept in the lighting industry. It is an energy-efficient source of illumination which uses less power than incandescent lamps and fluorescent lamps. LED lights are available in different forms such as a strip, globe, or fixture; they can be attached to the surface of any material like glass, ceramic tile or wood by using adhesive sheets.
Fluorescent Light:
Fluorescent light is a type of electric lighting that produces light by the excitation of phosphorous and lime rays. The most common types of fluorescent lights are cold-cathode fluorescent lamps (CCFL) and hot-cathode fluorescent lamps (HCFL). Fluorescent lights are available in different shapes, sizes, colors, and intensities.
Application Insights:
The home garden application segment accounted for the largest share of over 40.0% in 2017. Composite kitchen sinks are widely used in the home garden as they can withstand tough environment and remain stain-free for a longer period of time. Home gardens offer various benefits including relaxation, entertainment, and better food quality due to proper gardening techniques along with healthy eating habits among people globally. This has led to an increased demand for composite kitchen sinks at homesites worldwide.
The park application segment is expected to expand at the fastest CAGR of XX%, in terms of revenue from 2018 to 2030 owing to rising use of these products by hotels.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, who are adopting strategies such as new product launches, expansion of production facilities and mergers & acquisitions to gain an edge in the highly competitive industry. China is one of the largest markets for composite kitchen sinks due to easy availability of raw materials and labor at low cost. Moreover, increasing demand from residential applications will drive regional growth over the next few years.
Europe accounted for more than 25% share in 2017 owing to growing popularity among consumers for its modern look coupled with superior quality compared with other similar products available in U.S.
Growth Factors:
- Increasing demand for kitchen sinks from the residential sector
- Rising disposable income of consumers in developing countries
- Growing popularity of modular kitchens and kitchen islands
- Proliferation of online retail channels for selling kitchen sinks
- Introduction of innovative products in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Composite Kitchen Sink Market Research Report
By Type
LED Light, Fluorescent Light, Incandescent Light, Other
By Application
Home Garden, Park, Other
By Companies
Martinelli Luce Spa, DELTA LIGHT, iGuzzini, Unopiù, VIBIA LIGHTING, KRONEMAG MILLENIUM srl, Keha3, RAGNI, LECCOR, Elmarco Technika Świetlna, MORELLI, Hi Project srl - Brillamenti, Benito, BAYLED LED LIGHTING, ATELJE LYKTAN, ZERO, FIPRONET, FPH ART Metal, Siteco, Schréder–Comatelec
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Composite Kitchen Sink Market Report Segments:
The global Composite Kitchen Sink market is segmented on the basis of:
Types
LED Light, Fluorescent Light, Incandescent Light, Other
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
Home Garden, Park, Other
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:
- Martinelli Luce Spa
- DELTA LIGHT
- iGuzzini
- Unopiù
- VIBIA LIGHTING
- KRONEMAG MILLENIUM srl
- Keha3
- RAGNI
- LECCOR
- Elmarco Technika Świetlna
- MORELLI
- Hi Project srl - Brillamenti
- Benito
- BAYLED LED LIGHTING
- ATELJE LYKTAN
- ZERO
- FIPRONET
- FPH ART Metal
- Siteco
- Schréder–Comatelec
Highlights of The Composite Kitchen Sink 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:
- LED Light
- Fluorescent Light
- Incandescent Light
- Other
- By Application:
- Home Garden
- Park
- Other
- 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 Composite Kitchen Sink 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 composite kitchen sink is a type of kitchen sink made from multiple materials, such as plastic and metal. This type of sink is often more affordable than other types, and it can be easier to clean.
Some of the major players in the composite kitchen sink market are Martinelli Luce Spa, DELTA LIGHT, iGuzzini, Unopi¹, VIBIA LIGHTING, KRONEMAG MILLENIUM srl, Keha3, RAGNI, LECCOR, Elmarco Technika Åšwietlna, MORELLI, Hi Project srl - Brillamenti, Benito, BAYLED LED LIGHTING, ATELJE LYKTAN, ZERO, FIPRONET, FPH ART Metal, Siteco, Schr©der–Comatelec.
The composite kitchen sink 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 Composite Kitchen Sink 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 Composite Kitchen Sink Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Composite Kitchen Sink 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 Composite Kitchen Sink 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 Composite Kitchen Sink Market Size & Forecast, 2020-2028
4.5.1 Composite Kitchen Sink Market Size and Y-o-Y Growth
4.5.2 Composite Kitchen Sink 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 LED Light
5.2.2 Fluorescent Light
5.2.3 Incandescent Light
5.2.4 Other
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 Home Garden
6.2.2 Park
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Composite Kitchen Sink 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 Composite Kitchen Sink 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 LED Light
9.6.2 Fluorescent Light
9.6.3 Incandescent Light
9.6.4 Other
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 Home Garden
9.10.2 Park
9.10.3 Other
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 LED Light
10.6.2 Fluorescent Light
10.6.3 Incandescent Light
10.6.4 Other
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 Home Garden
10.10.2 Park
10.10.3 Other
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 LED Light
11.6.2 Fluorescent Light
11.6.3 Incandescent Light
11.6.4 Other
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 Home Garden
11.10.2 Park
11.10.3 Other
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 LED Light
12.6.2 Fluorescent Light
12.6.3 Incandescent Light
12.6.4 Other
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 Home Garden
12.10.2 Park
12.10.3 Other
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 LED Light
13.6.2 Fluorescent Light
13.6.3 Incandescent Light
13.6.4 Other
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 Home Garden
13.10.2 Park
13.10.3 Other
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 Composite Kitchen Sink Market: Competitive Dashboard
14.2 Global Composite Kitchen Sink Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Martinelli Luce Spa
14.3.2 DELTA LIGHT
14.3.3 iGuzzini
14.3.4 Unopiù
14.3.5 VIBIA LIGHTING
14.3.6 KRONEMAG MILLENIUM srl
14.3.7 Keha3
14.3.8 RAGNI
14.3.9 LECCOR
14.3.10 Elmarco Technika Świetlna
14.3.11 MORELLI
14.3.12 Hi Project srl - Brillamenti
14.3.13 Benito
14.3.14 BAYLED LED LIGHTING
14.3.15 ATELJE LYKTAN
14.3.16 ZERO
14.3.17 FIPRONET
14.3.18 FPH ART Metal
14.3.19 Siteco
14.3.20 Schréder–Comatelec
