Market Overview:
The global laundry faucets 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 energy-efficient and water-saving appliances across the globe. In addition, rising awareness about hygiene and sanitation is also propelling the growth of this market. The global laundry faucets market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into stainless steel, copper plating, chrome plated, and others. Among these types, stainless steel is expected to hold a major share in terms of revenue in 2018 owing to its properties such as corrosion resistance and durability. On the basis of application, it can be classified into household use (residential), commercial use (non-residential), industrial use (commercial laundries), healthcare facilities (hospitals & clinics), educational institutions (schools & colleges) and other applications including prisons & military camps).
Product Definition:
A laundry faucet is a type of faucet that is specifically designed for use in a laundry room. These faucets are typically installed above or next to the washing machine and allow users to easily fill and drain water from the machine. Laundry faucets also often include special features such as an extendable hose or a sprayer head that can be used to help rinse clothes.
Stainless Steel:
Stainless steel is a type of metal that has greater corrosion resistance than regular iron and other metals. The basic materials used to make stainless steel include chromium, nickel, carbon, iron, manganese and molybdenum. It has been widely used in the construction industry for building structures such as buildings and bridges due to its high strength which makes it more expensive than regular iron or aluminum.
Copper Plating:
Copper plating is a method of electroplating where copper cathode is coated with an alloy or pure copper metal. The process can be used to plate items made from materials such as brass, bronze, aluminum and steel. It can also be used to plate items that are not metals in electrical applications such as plastic & rubber products and non-metallic piping systems.
Application Insights:
The household application segment dominated the global market in 2017. The growth of this segment can be attributed to increasing demand for laundry appliances in developing countries, such as India and China. Moreover, a rise in disposable income has led to an increase in the number of households with washing machines across these countries. This trend is expected to continue over the forecast period as developing countries witness rapid industrialization and urbanization which eventually leads to an increased need for home appliances including washers & dryers.
Commercial application is projected register a CAGR of XX% from 2018 to 2030 owing to growing hospitality industry investments particularly in Asia Pacific and Middle East & Africa regions.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing disposable income, growing real estate sector, and changing lifestyles of consumers in developing countries such as India and China. Moreover, rising demand for luxury home d©cor products from emerging economies is anticipated to drive product sales over the next eight years.
Europe was valued at USD X million in 2017 owing to high demand for technologically advanced products with aesthetic appeal from developed countries including Germany and U.K., which are some of the major markets of this region.
Growth Factors:
- Increasing demand for laundry appliances in the residential sector
- Rising awareness about hygiene and cleanliness among people
- Proliferation of e-commerce platforms that offer a wide range of laundry faucets at competitive prices
- Growing popularity of modular kitchens, which has led to an increase in the demand for laundry faucets with integrated sinks
- Technological advancements that have resulted in the development of more efficient and durable laundry faucets
Scope Of The Report
Report Attributes
Report Details
Report Title
Laundry Faucets Market Research Report
By Type
Stainless Steel, Copper Plating, Chrome Plated, Others
By Application
Household, Commercial, Others
By Companies
Delta Faucet, Elkay, Kohler, Moen, Pfister Faucets, PROFLO, Waltec Industries, Bélanger UPT, Homewerks Worldwide
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Laundry Faucets Market Report Segments:
The global Laundry Faucets market is segmented on the basis of:
Types
Stainless Steel, Copper Plating, Chrome Plated, 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, 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:
- Delta Faucet
- Elkay
- Kohler
- Moen
- Pfister Faucets
- PROFLO
- Waltec Industries
- Bélanger UPT
- Homewerks Worldwide
Highlights of The Laundry 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
- Copper Plating
- Chrome Plated
- Others
- By Application:
- Household
- 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 Laundry 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
- 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?
Laundry Faucets are a type of plumbing that is used to dispense water from a faucet in order to clean clothes.
Some of the key players operating in the laundry faucets market are Delta Faucet, Elkay, Kohler, Moen, Pfister Faucets, PROFLO, Waltec Industries, BƒÂ©langer UPT, Homewerks Worldwide.
The laundry faucets market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laundry Faucets Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laundry Faucets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laundry Faucets Market - Supply Chain
4.5. Global Laundry Faucets Market Forecast
4.5.1. Laundry Faucets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laundry Faucets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laundry Faucets Market Absolute $ Opportunity
5. Global Laundry Faucets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laundry Faucets Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Copper Plating
5.3.3. Chrome Plated
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laundry Faucets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laundry Faucets Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laundry Faucets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laundry Faucets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laundry Faucets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laundry Faucets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laundry Faucets Demand Share Forecast, 2019-2026
9. North America Laundry Faucets Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laundry Faucets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laundry Faucets Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laundry Faucets Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Copper Plating
9.7.3. Chrome Plated
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laundry Faucets Demand Share Forecast, 2019-2026
10. Latin America Laundry Faucets Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laundry Faucets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laundry Faucets Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laundry Faucets Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Copper Plating
10.7.3. Chrome Plated
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laundry Faucets Demand Share Forecast, 2019-2026
11. Europe Laundry Faucets Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laundry Faucets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laundry Faucets Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laundry Faucets Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Copper Plating
11.7.3. Chrome Plated
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laundry Faucets Demand Share, 2019-2026
12. Asia Pacific Laundry Faucets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laundry Faucets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laundry Faucets Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laundry Faucets Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Copper Plating
12.7.3. Chrome Plated
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laundry Faucets Demand Share, 2019-2026
13. Middle East & Africa Laundry Faucets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laundry Faucets Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laundry Faucets Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laundry Faucets Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Copper Plating
13.7.3. Chrome Plated
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laundry Faucets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laundry Faucets Market: Market Share Analysis
14.2. Laundry Faucets Distributors and Customers
14.3. Laundry Faucets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Delta Faucet
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Elkay
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kohler
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Moen
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pfister Faucets
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PROFLO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Waltec Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bélanger UPT
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Homewerks Worldwide
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
