Market Overview:
The global kitchen sinks 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 factors such as rising disposable income, increasing demand for luxury kitchens, and growing awareness about hygiene and sanitation. In terms of type, the stainless steel sinks segment is expected to dominate the global kitchen sinks market during the forecast period. This can be attributed to their durability and low maintenance requirements. However, ceramic sinks are also gaining popularity due to their aesthetic appeal and low price point. In terms of application, household applications are expected to account for a majority share of the global kitchen sinks market during the forecast period.
Product Definition:
Kitchen sinks are a sink that is installed in the kitchen, typically near the stove. The main purpose of having a kitchen sink is for washing dishes and food preparation.
Stainless Steel Sinks:
Stainless steel sinks are the most common type of kitchen sink. They are available in various sizes and shapes, but their basic design has not changed much over the years. The stainless steel sink is a versatile kitchen item that can be used for washing, cleaning vegetables and even for cooking purposes. It is also very useful while storing food items as it does not get contaminated easily due to its anti-corrosive nature.
Ceramic Sinks:
Ceramic sinks are made of ceramic material and they are available in different colors, shapes, and sizes. Ceramic sinks have a smooth surface due to which it is easy to keep clean. The surface of the sink is non-porous so no bacteria can grow on it.
Application Insights:
The commercial application segment dominated the global kitchen sinks market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to an increase in demand for advanced and premium products from various commercial spaces such as hotels, restaurants and shopping malls among others. In addition, a rise in tourism is expected to boost product demand over the forecast period.
The household application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising purchasing power of middle-class income groups across developing countries including China, India and Brazil among others which has increased spending on home remodeling activities including new construction or renovation with modern facilities including upgraded kitchen with granite top countertops along with other accessories such as plumbing fixtures.
Regional Analysis:
Asia Pacific dominated the global kitchen sinks market in 2017. This is attributed to growing population, increasing disposable income and rapid urbanization and industrialization. The region is expected to continue its dominance over the forecast period owing to rising construction activities in countries such as China, India, Japan and Australia. Moreover, changing lifestyles of consumers are propelling demand for remodeling projects within households which will drive product sales over the next eight years.
Europe was estimated at USD X billion in 2017 owing to high demand from residential applications for stainless steel sinks along with a rise in preference for modern designs across several countries including Germany, U-K., Italy and Spain among others; thus positively influencing industry growth through 2024-25 year span.
Growth Factors:
- Increasing demand for kitchen sinks from the residential sector as a result of rising income levels and changing lifestyles.
- Rapid growth in the construction of new homes, especially in developing countries, which is expected to drive the demand for kitchen sinks over the forecast period.
- Rising popularity of modular kitchens, which has led to an increase in the demand for kitchen sinks with multiple bowls and other features.
- Growing awareness about hygiene and healthy living among consumers, which is resulting in an increase in demand for stainless steel kitchen sinks that are easy to clean and maintain hygienically.
- Technological advancements that have led to the development of innovative designs and features in kitchen sinks such as touchless faucets, automatic sensors, etc., which is attracting consumers towards these products
Scope Of The Report
Report Attributes
Report Details
Report Title
Kitchen Sinks Market Research Report
By Type
Stainless Steel Sinks, Ceramic Sinks, Others
By Application
Household, Commercial
By Companies
Franke, Moen, BLANCO, Elkay Manufacturing, Teka, Kohler, Kindred, Baekjo, OULIN, JOMOO, Primy, GORLDE, Morning, SONATA, Prussia, Bonke, Hccp, Gabalu, Dongpeng Holding
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Kitchen Sinks Market Report Segments:
The global Kitchen Sinks market is segmented on the basis of:
Types
Stainless Steel Sinks, Ceramic Sinks, 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
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:
- Franke
- Moen
- BLANCO
- Elkay Manufacturing
- Teka
- Kohler
- Kindred
- Baekjo
- OULIN
- JOMOO
- Primy
- GORLDE
- Morning
- SONATA
- Prussia
- Bonke
- Hccp
- Gabalu
- Dongpeng Holding
Highlights of The Kitchen Sinks 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:
- Stainless Steel Sinks
- Ceramic Sinks
- Others
- 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 Kitchen Sinks 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?
Kitchen sinks are typically large, deep and wide. They are used to wash dishes and pots and pans.
Some of the major players in the kitchen sinks market are Franke, Moen, BLANCO, Elkay Manufacturing, Teka, Kohler, Kindred, Baekjo, OULIN, JOMOO, Primy, GORLDE, Morning, SONATA, Prussia, Bonke, Hccp, Gabalu, Dongpeng Holding.
The kitchen sinks 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 Kitchen Sinks 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 Kitchen Sinks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Kitchen Sinks 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 Kitchen Sinks 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 Kitchen Sinks Market Size & Forecast, 2020-2028
4.5.1 Kitchen Sinks Market Size and Y-o-Y Growth
4.5.2 Kitchen Sinks 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 Stainless Steel Sinks
5.2.2 Ceramic Sinks
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 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Kitchen Sinks 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 Kitchen Sinks 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 Stainless Steel Sinks
9.6.2 Ceramic Sinks
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 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 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 Stainless Steel Sinks
10.6.2 Ceramic Sinks
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 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 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 Stainless Steel Sinks
11.6.2 Ceramic Sinks
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 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 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 Stainless Steel Sinks
12.6.2 Ceramic Sinks
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 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) 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 Stainless Steel Sinks
13.6.2 Ceramic Sinks
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 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 Kitchen Sinks Market: Competitive Dashboard
14.2 Global Kitchen Sinks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Franke
14.3.2 Moen
14.3.3 BLANCO
14.3.4 Elkay Manufacturing
14.3.5 Teka
14.3.6 Kohler
14.3.7 Kindred
14.3.8 Baekjo
14.3.9 OULIN
14.3.10 JOMOO
14.3.11 Primy
14.3.12 GORLDE
14.3.13 Morning
14.3.14 SONATA
14.3.15 Prussia
14.3.16 Bonke
14.3.17 Hccp
14.3.18 Gabalu
14.3.19 Dongpeng Holding
