Market Overview:
The global corner bathtubs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for luxury and comfort in residential applications, and also the growing construction industry across the globe. In terms of type, acrylic is expected to be the fastest-growing segment during the forecast period, followed by fiber reinforced plastic and ceramic. In terms of application, residential applications are expected to account for a majority share of the global corner bathtubs market during 2018-2030.
Product Definition:
A corner bathtub is a bathtub that is designed to fit into a corner in a bathroom. Corner bathtubs are often more compact than traditional bathtubs, which makes them ideal for small bathrooms. They can also be more convenient to use, as they allow you to bathe without having to move around the tub.
Acrylic:
Acrylic is a man-made polymer, derived from the esterification of acrylonitrile with acrylic acid. It has high thermal stability and excellent chemical resistance. Acrylics are used in various applications including paints & coatings, adhesives & sealants, plastics & fibers and as an additive in rubber products.
Fiber Reinforced Plastic:
Fiber reinforced plastic (FRP) is a material made from reinforcing fibers that are mixed with resin and molded to get the desired shape. FRP products have superior properties such as high tensile strength, flexural modulus, impact resistance, and good fatigue resistance. The materials can be used in various industries including construction & building, automotive & transportation and marine among others.
Application Insights:
The commercial application segment dominated the global market in 2017, accounting for more than 60.0% share of the total revenue. The growth can be attributed to an increase in demand from hotels, resorts and spas at a global level. Corner bathtubs are widely used by commercial establishments as they offer enhanced aesthetics along with superior functionality and ease of installation over traditional rectangular shaped tubs.
The residential application segment is expected to witness significant growth over the forecast period owing to increasing urbanization across developing countries including China, India and Brazil among others. In addition, corner bathtubs are increasingly being installed in single-family homes due to their space-saving design features that allow them accommodate even large bathrooms without compromising on comfort or quality offered by them respectively while bathing or showering inside the house premises.
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 hotels, resorts, spas and health clubs that are investing in corner bathtubs for their customers. Increasing construction of residential buildings especially apartments by developers including affordable housing projects by private players as well as government agencies is anticipated to drive the regional market growth over the forecast period.
North America accounted for more than 20% share of global revenue in 2017 owing to growing popularity of corner baths among consumers due to increasing awareness about their benefits such as reduced space requirement and ease in cleaning process. In addition, presence of key manufacturers including Whirlpool Corporation; Mayline Corporation; Miele S.p A.; LG Electronics Inc.; Samsung Electro-Mechanics Co., Ltd.; Toto USA LLC; Euro-Pro (USA) Inc.; American Standard Brands, Inc.; Rheem Group LLC; Krauszer KGaA AG & Co.
Growth Factors:
- Rising disposable income of the population: The disposable income of the population is rising, which is resulting in an increase in the demand for luxury products such as corner bathtubs.
- Increasing number of dual-income households: There is a growing trend of dual-income households, which is resulting in an increase in the demand for home improvement products such as corner bathtubs.
- Growing popularity of home spas and wellness retreats: Home spas and wellness retreats are becoming increasingly popular, and this is driving demand for luxury bathroom fixtures such as corner bathtubs.
- Proliferation of online retail channels: The proliferation of online retail channels has made it easier for consumers to purchase high-end bathroom fixtures such as corner bathtubs, thereby boosting growth prospects for the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Corner Bathtubs Market Research Report
By Type
Acrylic, Fiber Reinforced Plastic, Ceramic, Others
By Application
Residential, Commercial, Others
By Companies
Kohler, American Standard, Toto, Universal Tubs, Comfortflo, Ariel, Empava, Hydro Systems, Jacuzzi, Glass Desigh, Arrow
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Corner Bathtubs Market Report Segments:
The global Corner Bathtubs market is segmented on the basis of:
Types
Acrylic, Fiber Reinforced Plastic, Ceramic, 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, Others
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
- American Standard
- Toto
- Universal Tubs
- Comfortflo
- Ariel
- Empava
- Hydro Systems
- Jacuzzi
- Glass Desigh
- Arrow
Highlights of The Corner Bathtubs 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:
- Acrylic
- Fiber Reinforced Plastic
- Ceramic
- Others
- By Application:
- Residential
- Commercial
- Others
- 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 Corner Bathtubs 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Corner bathtubs are a unique type of tub that is designed to fit in corners and other tight spaces. They are typically shorter than traditional bathtubs, making them easier to get into and out of. They also have narrower sides, which makes them more comfortable to sit in.
Some of the major companies in the corner bathtubs market are Kohler, American Standard, Toto, Universal Tubs, Comfortflo, Ariel, Empava, Hydro Systems, Jacuzzi, Glass Desigh, Arrow.
The corner bathtubs 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 Corner Bathtubs 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 Corner Bathtubs Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Corner Bathtubs 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 Corner Bathtubs 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 Corner Bathtubs Market Size & Forecast, 2020-2028 4.5.1 Corner Bathtubs Market Size and Y-o-Y Growth 4.5.2 Corner Bathtubs 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 Acrylic
5.2.2 Fiber Reinforced Plastic
5.2.3 Ceramic
5.2.4 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
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Corner Bathtubs 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 Corner Bathtubs 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 Acrylic
9.6.2 Fiber Reinforced Plastic
9.6.3 Ceramic
9.6.4 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
9.10.3 Others
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 Acrylic
10.6.2 Fiber Reinforced Plastic
10.6.3 Ceramic
10.6.4 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
10.10.3 Others
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 Acrylic
11.6.2 Fiber Reinforced Plastic
11.6.3 Ceramic
11.6.4 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
11.10.3 Others
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 Acrylic
12.6.2 Fiber Reinforced Plastic
12.6.3 Ceramic
12.6.4 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
12.10.3 Others
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 Acrylic
13.6.2 Fiber Reinforced Plastic
13.6.3 Ceramic
13.6.4 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
13.10.3 Others
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 Corner Bathtubs Market: Competitive Dashboard
14.2 Global Corner Bathtubs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kohler
14.3.2 American Standard
14.3.3 Toto
14.3.4 Universal Tubs
14.3.5 Comfortflo
14.3.6 Ariel
14.3.7 Empava
14.3.8 Hydro Systems
14.3.9 Jacuzzi
14.3.10 Glass Desigh
14.3.11 Arrow