Market Overview:
The global taps and mixers 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 kitchen and bathroom taps and mixers from residential as well as commercial applications. In terms of type, the kitchen taps and mixers segment is expected to dominate the global taps and mixers market during the forecast period, followed by bathroom taps and mixers. Region-wise, North America is expected to lead the global taps and mixer market during the forecast period, followed by Europe.
Product Definition:
Taps and mixers are devices used to control the flow of water from a faucet. Taps are used to adjust the temperature and pressure of the water, while mixers combine hot and cold water to create a desired temperature. The importance of taps and mixers is that they allow for more precise control over the flow of water, which can be important for tasks such as washing dishes or bathing.
Kitchen Taps and Mixers:
Kitchen taps and mixers are used in the food industry for various purposes such as to control the flow of liquids, to adjust the strength of a mixture and also for temperature control. The growth factor in this market is increasing consumer preference towards smart kitchen tap controls which can be operated through smartphones or tablets. For instance, companies like Haier have launched smart kitchen taps with an application that allows controlling water pressure throught heir app installed on mobile phones.
Bathroom Taps and Mixers:
Bathroom taps and mixers are used in the Mixer's market to control the hot and cold water supply. The mixer is an instrument that controls the volume of water going into a bath or shower, for instance, it can decrease or increase the flow of water by a significant amount. It can also be used to add color to the bathwater.
The product has different types such as fixed-level bathroom taps.
Application Insights:
The residential application segment accounted for the largest market share of more than 60% in 2017. The rising number of households and growing urbanization are expected to be the key factors driving the demand for taps and mixers in this segment over the forecast period. Furthermore, increasing consumer spending on home remodeling is likely to positively impact industry growth over the next eight years.
Commercial applications include hotels, restaurants, healthcare facilities, educational institutions and sports arenas/stadiums among others. Growing tourism industry coupled with a rise in hotel construction across various countries including China, India & Australia is anticipated to drive product demand from 2018 to 2030 ¢â‚¬Å“ Hospitality Equipment Market Report By Product (Taps & Mixers), By Technology (Smart Taps), And Segment Forecasts To 2026 ¢â‚¬ 2025 Edition ¢â€š Analysis Report).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing number of construction activities in developing economies, such as China and India. In addition, rising demand for tapestries and mixers from commercial applications is anticipated to fuel the regional product demand.
The Asia Pacific market was followed by Europe, which accounted for a revenue share of more than 20% in 2017 owing to high product penetration across several households due to growing population coupled with an increase in housing needs especially among middle-class income groups. Moreover, stringent regulations on water pollution are expected to drive tapestry manufacturing companies across Europe over the next few years thereby driving industry growth across this region as well.
North America emerged as one of the prominent markets owing both taps.
Growth Factors:
- Increasing demand from the beverage industry for taps and mixers as a result of changing consumer preferences towards flavored and carbonated drinks.
- Growing popularity of cocktails among the young population is propelling the demand for taps and mixers across the globe.
- Rising disposable income of consumers is enabling them to spend more on premium kitchen appliances such as taps and mixers.
- Rapid urbanization coupled with increasing number of bars, pubs, and restaurants is providing a boost to the global market for taps and mixers. 5) Technological advancements in terms of design, features, and functionality are resulting in higher adoption rates of taps and mixers among consumers worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Taps and Mixers Market Research Report
By Type
Kitchen Taps and Mixers, Bathroom Taps and Mixers
By Application
Residential, Commercial
By Companies
Kohler, Hansgrohe (Masco), LIXIL Group, Moen, Hansa, Delta Faucet (Masco), American Standard, MAC Faucets, CERA Sanitary ware, Jaquar, Vitra International AG., Ideal Standard, Roca, Paini, Zucchetti Group, Damixa (FM Mattsson Mora Group), KWC (Franke Group), Ritmonio, Dornbracht, ARROW, KVK, KAKUDAI
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Taps and Mixers Market Report Segments:
The global Taps and Mixers market is segmented on the basis of:
Types
Kitchen Taps and Mixers, Bathroom Taps and Mixers
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:
- Kohler
- Hansgrohe (Masco)
- LIXIL Group
- Moen
- Hansa
- Delta Faucet (Masco)
- American Standard
- MAC Faucets
- CERA Sanitary ware
- Jaquar
- Vitra International AG.
- Ideal Standard
- Roca
- Paini
- Zucchetti Group
- Damixa (FM Mattsson Mora Group)
- KWC (Franke Group)
- Ritmonio
- Dornbracht
- ARROW
- KVK
- KAKUDAI
Highlights of The Taps and Mixers 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:
- Kitchen Taps and Mixers
- Bathroom Taps and Mixers
- 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 Taps and Mixers 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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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?
Taps and mixers are devices used to control the flow of water. They can be used for a variety of purposes, including watering plants, washing dishes, filling a bathtub or shower, and cleaning floors.
Some of the key players operating in the taps and mixers market are Kohler, Hansgrohe (Masco), LIXIL Group, Moen, Hansa, Delta Faucet (Masco), American Standard, MAC Faucets, CERA Sanitary ware, Jaquar, Vitra International AG., Ideal Standard, Roca, Paini, Zucchetti Group, Damixa (FM Mattsson Mora Group), KWC (Franke Group), Ritmonio, Dornbracht, ARROW, KVK, KAKUDAI.
The taps and mixers 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 Taps and Mixers 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 Taps and Mixers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Taps and Mixers 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 Taps and Mixers 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 Taps and Mixers Market Size & Forecast, 2020-2028
4.5.1 Taps and Mixers Market Size and Y-o-Y Growth
4.5.2 Taps and Mixers 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 Kitchen Taps and Mixers
5.2.2 Bathroom Taps and Mixers
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 Taps and Mixers 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 Taps and Mixers 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 Kitchen Taps and Mixers
9.6.2 Bathroom Taps and Mixers
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 Kitchen Taps and Mixers
10.6.2 Bathroom Taps and Mixers
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 Kitchen Taps and Mixers
11.6.2 Bathroom Taps and Mixers
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 Kitchen Taps and Mixers
12.6.2 Bathroom Taps and Mixers
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 Kitchen Taps and Mixers
13.6.2 Bathroom Taps and Mixers
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 Taps and Mixers Market: Competitive Dashboard
14.2 Global Taps and Mixers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kohler
14.3.2 Hansgrohe (Masco)
14.3.3 LIXIL Group
14.3.4 Moen
14.3.5 Hansa
14.3.6 Delta Faucet (Masco)
14.3.7 American Standard
14.3.8 MAC Faucets
14.3.9 CERA Sanitary ware
14.3.10 Jaquar
14.3.11 Vitra International AG.
14.3.12 Ideal Standard
14.3.13 Roca
14.3.14 Paini
14.3.15 Zucchetti Group
14.3.16 Damixa (FM Mattsson Mora Group)
14.3.17 KWC (Franke Group)
14.3.18 Ritmonio
14.3.19 Dornbracht
14.3.20 ARROW
14.3.21 KVK
14.3.22 KAKUDAI
