ASIA PACIFIC SANITARY WARE MARKET FORECAST 2019-2028

ASIA PACIFIC SANITARY WARE MARKET FORECAST 2019-2028

  • August 2020 •
  • 161 pages •
  • Report ID: 5949224 •
  • Format: PDF
KEY FINDINGS
The Asia Pacific sanitary ware market is projected to record a CAGR of 4.78% in terms of volume during the forecast period, 2019-2028. In terms of revenue, the market is anticipated to register a CAGR of 5.38%. The rising disposable incomes, growing construction activities, and increasing concerns over personal hygiene, are among the dominant factors propelling the market growth.

MARKET INSIGHTS
The Asia Pacific sanitary ware market growth is assessed based on the evaluation of Japan, Indonesia, Malaysia, Thailand, Vietnam, India, China, Bangladesh, and the rest of Asia Pacific.The housing sector in Japan is set to grow moderately due to increased investments.

The rising household expenditure has fueled the demand for remodeling of houses.The investments in public & private infrastructure, and commercial projects, are expected to enhance consumer and investor confidence.

There is also a strong wave of inbound tourism in Japan.The proximity to emerging markets like China, makes it a potential market.

The demand from tourism sectors, and the subsequent expansions of hotels, cities, and areas of natural beauty, are set to fuel the market growth of sanitary ware in the country.
India boasts of a varied ceramic industry that has several products like ceramic tiles, refractories, advanced ceramics, and advanced ceramics.The ceramic products manufactured are of different sizes, types, and standards, according to consumer requirements.

There is a significant growth of ceramic washbasins in the country.Government initiatives like Swachh Bharat Abhiyan (SBA) have resulted in increased construction of toilets across India.

This has resulted in an increased need for washbasins, thereby driving the installation of ceramic washbasins. Such factors propel market growth in India.

COMPETITIVE INSIGHTS
Some of the well-known companies in the market are HSIL Limited, Jaquar Group, Kohler Co, Toto Ltd, Elkay Manufacturing Company, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. CERA SANITARYWARE LIMITED
2. CORONA
3. GEBERIT AG
4. HSIL LIMITED
5. JAQUAR GROUP
6. KOHLER CO
7. LIXIL GROUP CORPORATION
8. LAUFEN BATHROOMS AG
9. LECICO EGYPT
10. ROCA SANITARIO SA
11. TOTO LTD
12. ELKAY MANUFACTURING COMPANY
13. MASCO CORPORATION (DELTA FAUCET COMPANY)
14. FORTUNE BRANDS HOME & SECURITY INC
15. DURAVIT AG
16. VILLEROY & BOCH AG
17. UNITED STATES CERAMIC TILE COMPANY (USCT BATH)