Market Overview:
The global pullout faucets 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 residential and commercial applications, and the growing trend of smart homes. Stainless steel is expected to be the fastest-growing type segment in this market during the forecast period, owing to its properties such as corrosion resistance and durability. North America is expected to hold the largest share of this market during the forecast period, followed by Europe.
Product Definition:
A pullout faucet is a type of kitchen sink faucet that incorporates a sprayer in the spout. The sprayer is pulled out from the body of the faucet with a metal hose, allowing it to be used for tasks such as cleaning dishes or vegetables. Pullout faucets are considered more versatile than traditional kitchen sink taps, as they allow for both stream and spray options.
Stainless Steel:
Stainless steel is a type of metal that has greater corrosion resistance than regular iron or steel. The basic raw materials for stainless steel include chromium, nickel, iron, and carbon. Stainless Steel is used in various applications such as food processing equipment & appliances; dairy equipment; meat processing equipment & appliances; beverage processing equipment & appliances; brewing and wine making machines among others.
Chrome:
Chrome is a type of metal, which is alloyed with other metals, such as copper and zinc. The color of chrome varies between gold and pale yellow. It has a high corrosion resistance property due to which it is used in manufacturing hardware components including washers, nuts & bolts, spigots & drains among others.
Application Insights:
The residential application segment led the global pullout faucets market and accounted for more than 60.0% share of the total revenue in 2017. The growth is attributed to increasing urbanization as well as growing preference for aesthetically pleasing products in homes, especially in developing countries like India and China. Furthermore, rising disposable income levels has also allowed consumers to spend on home improvement projects including installing modern fixtures and fittings such as pullout sprayer hose assemblies with integrated faucets.
Commercial applications are expected to witness significant growth over the forecast period owing to an increase in demand from commercial spaces such as hotels, restaurants, hospitalsityoung hostelsand R&D centers among others which require large washrooms or bathrooms with multiple functions at a time.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and will expand further at a steady CAGR from 2018 to 2030. This is attributed to growing construction activities, coupled with increasing per capita income levels in developing countries such as China and India. Moreover, rising demand for luxury sanitary ware products has been driving the market growth across this region.
North America is expected to be one of the fastest-growing regions over the forecast period owing to high product demand from residential applications. The U.S., being a developed economy, witnessed less pullout faucet sales compared to other regions due to higher standard of living and improved lifestyle resulting in lower water consumption habits among consumers; however, this trend is slowly changing with time as people are becoming aware about environment protection issues associated with excessive water consumption practices or leakageages caused by pullout faucets over conventional push type ones (i.e., using two hands).
Growth Factors:
- Increasing demand for kitchen appliances in the developing countries is expected to drive the growth of the pullout faucets market during the forecast period.
- Rising disposable income of consumers is also anticipated to boost the demand for pullout faucets in residential applications across the globe.
- The increasing popularity of minimalist and contemporary home décor is projected to fuel demand for pullout faucets in North America and Europe during the forecast period.
- Growing awareness about water conservation among consumers is likely to propel adoption of energy-efficient pullout faucets, thereby driving market growth over next few years. 5) Technological advancements such as touchless technology are expected to create new opportunities for players operating in this market over coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Pullout Faucets Market Research Report
By Type
Stainless Steel, Chrome, Others
By Application
Residential, Commercial
By Companies
Franke, Elkay, Moen, Kohler, Reginox, Teka, Delta, Da long, Conlin, Oulin, Ufaucet, WEWE, Forious, Comllen, Kraus
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Pullout Faucets Market Report Segments:
The global Pullout Faucets market is segmented on the basis of:
Types
Stainless Steel, Chrome, 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:
- Franke
- Elkay
- Moen
- Kohler
- Reginox
- Teka
- Delta
- Da long
- Conlin
- Oulin
- Ufaucet
- WEWE
- Forious
- Comllen
- Kraus
Highlights of The Pullout Faucets 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
- Chrome
- 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 Pullout Faucets 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
- Channel & Customer Management
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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?
A pullout faucet is a type of faucet that allows you to easily and quickly remove the water from the sink. This is helpful if you need to use the sink for something else, such as washing dishes.
Some of the major companies in the pullout faucets market are Franke, Elkay, Moen, Kohler, Reginox, Teka, Delta, Da long, Conlin, Oulin, Ufaucet, WEWE, Forious, Comllen, Kraus.
The pullout faucets 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 Pullout Faucets 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 Pullout Faucets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pullout Faucets 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 Pullout Faucets 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 Pullout Faucets Market Size & Forecast, 2020-2028
4.5.1 Pullout Faucets Market Size and Y-o-Y Growth
4.5.2 Pullout Faucets 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
5.2.2 Chrome
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 Pullout Faucets 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 Pullout Faucets 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
9.6.2 Chrome
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 Stainless Steel
10.6.2 Chrome
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 Stainless Steel
11.6.2 Chrome
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 Stainless Steel
12.6.2 Chrome
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 Stainless Steel
13.6.2 Chrome
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 Pullout Faucets Market: Competitive Dashboard
14.2 Global Pullout Faucets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Franke
14.3.2 Elkay
14.3.3 Moen
14.3.4 Kohler
14.3.5 Reginox
14.3.6 Teka
14.3.7 Delta
14.3.8 Da long
14.3.9 Conlin
14.3.10 Oulin
14.3.11 Ufaucet
14.3.12 WEWE
14.3.13 Forious
14.3.14 Comllen
14.3.15 Kraus
