Market Overview:
The global faucet hardware 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 faucet hardware in residential and commercial applications. Faucet spouts, faucet stems, faucet handles, and faucet aerators are the major types of products in this market. Among these, the demand for spouts is expected to be highest during the forecast period owing to their growing use in residential applications. North America is estimated to account for a major share of the global faucet hardware market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A faucet is a valve that controls the release of water from a pipe. Faucet hardware is the term used for all of the components that make up a faucet, including the handle, spout, and valve. The importance of faucet hardware lies in its ability to control water flow and prevent leaks.
Faucet Spouts:
Faucet spouts are used to dispense the liquid from a sink or bathroom fixture. The most common types of faucets found in homes and commercial places include cartridge, pull-down, and spray faucets. Faucet spouts are available as separate units that can be attached to the sink or bath tub plumbing; they come in various materials such as ceramic, metal, plastic & glass and their designs vary according to the style of your home or office.
Faucet Stems:
Faucet stems are the internal parts of a faucet that help in controlling the flow of water. The stem is usually mounted on a plate or can be embedded inside the spout. It has various functions such as it can restrict or allow water to flow from one direction only, it can be turned to direct water towards certain sinks and also open up new possibilities for plumbing by allowing multiple sprays from different nozzles at once.
Application Insights:
The commercial application segment led the global faucet hardware market with a revenue share of more than 60% in 2017. The growth can be attributed to the increasing number of hotels, restaurants and bars at a global level. Moreover, an increase in spending on renovation projects in these spaces has also positively influenced product demand.
Residential is expected to be the fastest-growing application segment from 2018 to 2030 owing to rising urbanization and consumer preference for modern fixtures that complement bathroom designs. Furthermore, growing awareness about health and hygiene is likely to propel product demand over the forecast period as consumers shift towards using high quality products that are free from bacteria harboring materials. This will drive innovation in this space resulting in introduction of new products with better design features for better functionality at a cheaper price point which would further fuel industry expansion over next seven years or so (Faucet Aerators).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for convenient products with aesthetic appeal. Moreover, growing awareness regarding water conservation is anticipated to propel product demand further.
Asia Pacific has been witnessing steady growth in recent years and this trend is expected to continue over the forecast period. Increasing construction activities due to growing population are projected to have a positive impact on industry growth in Asia Pacific countries like India and China.
Europe was valued at USD X billion in 2017 and it is anticipated that this value will increase with rising adoption of modern bathroom fixtures across European countries like Germany, France Italy Russia etc.
Growth Factors:
- Increasing demand from construction and real estate industry for efficient plumbing systems is expected to drive the growth of faucet hardware market over the forecast period.
- Rising awareness about water conservation is anticipated to propel the demand for low flow faucets, which in turn is projected to fuel the growth of faucet hardware market.
- Growing popularity of smart home technologies is expected to create new opportunities for players operating in this market during the forecast period.
- Rapid urbanization and increasing disposable income are some other factors that are likely to contribute towards the growth of this market in near future. 5 Emerging economies such as China and India are anticipated to offer lucrative opportunities for players operating in Faucet Hardware Market owing high population base coupled with rising consumer spending capacity
Scope Of The Report
Report Attributes
Report Details
Report Title
Faucet Hardware Market Research Report
By Type
Faucet Spouts, Faucet Stems, Faucet Handles, Faucet Aerators
By Application
Residential, Commercial
By Companies
American Standard, SLOAN, Kohler, Zurn, JAG PLUMBING PRODUCTS, Fluidmaster, DANCO, Everbilt, Delta, Jones Stephens, Korky, KEENEY, Apollo, Oatey, MOEN
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Faucet Hardware Market Report Segments:
The global Faucet Hardware market is segmented on the basis of:
Types
Faucet Spouts, Faucet Stems, Faucet Handles, Faucet Aerators
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:
- American Standard
- SLOAN
- Kohler
- Zurn
- JAG PLUMBING PRODUCTS
- Fluidmaster
- DANCO
- Everbilt
- Delta
- Jones Stephens
- Korky
- KEENEY
- Apollo
- Oatey
- MOEN
Highlights of The Faucet Hardware 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:
- Faucet Spouts
- Faucet Stems
- Faucet Handles
- Faucet Aerators
- 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 Faucet Hardware 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
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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?
Faucet hardware is the physical components of a faucet, such as the spout, handle, and spray head.
Some of the major players in the faucet hardware market are American Standard, SLOAN, Kohler, Zurn, JAG PLUMBING PRODUCTS, Fluidmaster, DANCO, Everbilt, Delta, Jones Stephens, Korky, KEENEY, Apollo, Oatey, MOEN.
The faucet hardware 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 Faucet Hardware 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 Faucet Hardware Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Faucet Hardware 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 Faucet Hardware 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 Faucet Hardware Market Size & Forecast, 2018-2028
4.5.1 Faucet Hardware Market Size and Y-o-Y Growth
4.5.2 Faucet Hardware Market Absolute $ Opportunity
Chapter 5 Global Faucet Hardware 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 Faucet Hardware Market Size Forecast by Type
5.2.1 Faucet Spouts
5.2.2 Faucet Stems
5.2.3 Faucet Handles
5.2.4 Faucet Aerators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Faucet Hardware 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 Faucet Hardware Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Faucet Hardware 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 Faucet Hardware 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 Faucet Hardware Analysis and Forecast
9.1 Introduction
9.2 North America Faucet Hardware 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 Faucet Hardware Market Size Forecast by Type
9.6.1 Faucet Spouts
9.6.2 Faucet Stems
9.6.3 Faucet Handles
9.6.4 Faucet Aerators
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 Faucet Hardware 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 Faucet Hardware Analysis and Forecast
10.1 Introduction
10.2 Europe Faucet Hardware 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 Faucet Hardware Market Size Forecast by Type
10.6.1 Faucet Spouts
10.6.2 Faucet Stems
10.6.3 Faucet Handles
10.6.4 Faucet Aerators
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 Faucet Hardware 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 Faucet Hardware Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Faucet Hardware 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 Faucet Hardware Market Size Forecast by Type
11.6.1 Faucet Spouts
11.6.2 Faucet Stems
11.6.3 Faucet Handles
11.6.4 Faucet Aerators
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 Faucet Hardware 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 Faucet Hardware Analysis and Forecast
12.1 Introduction
12.2 Latin America Faucet Hardware 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 Faucet Hardware Market Size Forecast by Type
12.6.1 Faucet Spouts
12.6.2 Faucet Stems
12.6.3 Faucet Handles
12.6.4 Faucet Aerators
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 Faucet Hardware 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) Faucet Hardware Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Faucet Hardware 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) Faucet Hardware Market Size Forecast by Type
13.6.1 Faucet Spouts
13.6.2 Faucet Stems
13.6.3 Faucet Handles
13.6.4 Faucet Aerators
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) Faucet Hardware 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 Faucet Hardware Market: Competitive Dashboard
14.2 Global Faucet Hardware Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Standard
14.3.2 SLOAN
14.3.3 Kohler
14.3.4 Zurn
14.3.5 JAG PLUMBING PRODUCTS
14.3.6 Fluidmaster
14.3.7 DANCO
14.3.8 Everbilt
14.3.9 Delta
14.3.10 Jones Stephens
14.3.11 Korky
14.3.12 KEENEY
14.3.13 Apollo
14.3.14 Oatey
14.3.15 MOEN
