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The global sanitary ware market is estimated to be worth US$62 billion in 2023 and is projected to grow at a substantial CAGR of over 5.4% during the forecast period 2023-2028.
Market Scope and Report Overview
According to a detailed market assessment provided by RationalStat, the global Plumbing Accessories Market has been analyzed on the basis of market segments including components, materials, applications, distribution channels and geography/regions (including North America, Latin America, West). Europe, Eastern Europe, Middle East and Africa and Asia Pacific). The report also provides global and regional market sizes for the historical period 2019-2022 and the forecast period 2023-2028.
Market information for global Plumbing Supplies Market includes market sizing on the basis of market value (US$/million EUR) and volume (thousand units/tons/liters) by different products/services/equipment, demand assessment in key regions, customer sentiment, price points , Cost Structures, Margin Analysis Along The Value Chain, Financial Reviews, Historical And Forecast Data, Key Developments Throughout The Industry, Import-Export Data, Trade Overview, Components Market Of Leading Companies, Etc.
In addition, the 10-year long-term outlook for the sector and product/services and its impact on the global sanitary ware market. It also includes the current state of the industry – production levels, capacity utilization, technology quotient, etc. Key information includes production capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
The period covered includes data for 2023-2028 as well as annual demand estimates
The Sanitary Accessories Market report analyzes the market based on global economic situations, regional geopolitics, import-export scenarios, trade tariffs, market developments, organic and inorganic strategies, mergers and acquisitions, product launches, government policies, new capacity expansions and technology advances, R&D investments, and new market entries, replacement rates, penetration rates, installed base/fleet size, global and regional production capacity, among others.
RationalStat provides market analysis and consulting studies based on dedicated and robust desk/secondary research backed by a strong in-house data repository. In addition, the research uses data based on real-time insights from primary interviews. Market assessments and insights are based on primary research (covering more than 240 companies) and secondary research using international benchmarking.
Global Plumbing Supplies Market report also encompasses value chain and supply chain analysis which provides in-depth information about value chain margins and the role of various stakeholders along the value chain. The market dynamics provided in the market study includes market drivers, restraints/challenges, trends and their impact on the market throughout the analysis period.
In the “Competitive Analysis” section, the Global Sanitary Accessories Market provides a detailed competitive benchmarking analysis based on the market share of the leading companies/brands/producers/suppliers, a market structure overview with detailed company profiles of more than 25 players with their financial data, B. Product /service offerings, key developments, business models, etc. This enables clients and report buyers to make informed, accurate and timely decisions.
Learn more about this report – sample request and scope of the study
https://store.rationalstat.com/store/global-plumbing-accessories-market/#tab-ux_global_tab
Macroeconomic scenario and the impact of COVID-19 on regional economic sentiment
The latest RationalStat analysis cites geopolitical conflict and inflation as economic risks, while concerns about volatility in the energy sectors prevail in Europe and other parts of the world. Potential risks to economic growth in leading regions, including Asia Pacific, Europe, North America, Middle East and Africa and other developing regions, include inflation, volatile energy prices, supply chain disruptions, geopolitical instability, labor shortages, rising interest rates and the COVID 19 pandemic.
The global economy experienced severe headwinds in 2019-2021 as some countries experienced subdued growth while other countries continued to struggle with economic slowdowns. The COVID-19 pandemic has put undue pressure on most industries worldwide, causing severe economic crisis in US, India, Italy, UK, Germany, India, Japan, South Korea, UK and many other countries. In addition, the UK’s exit from the European Union in early 2020 and the Russo-Ukrainian war in 2022 exacerbated mounting global insecurity.
In addition, global economic growth slowed to 3.3% in 2022, weaker than expected at the end of 2021, mainly weighed down by Russia’s war in Ukraine and the associated cost of living crisis in many countries. However, economic activities are expected to improve over the forecast period. Growth is expected to be lower in 2023 and 2024, at 2.6% and 2.9%, respectively.
Competitive analysis and market structure
Prominent players leading the global plumbing fixtures market growth include Aalberts N.V. (Lasco Fittings), Central States Industrial, Finolex Industries Ltd., McWane, Inc., Morris Group International (Acorn Engineering Company) and Mueller Industries, Inc. , NUPI INDUSTRIE ITALIANE SPA, Reliance Worldwide Corporation Limited (RWC), Turnkey Industrial Pipe & Supply Inc., Uponor Corporation. and other.
RationalStat has segmented the global plumbing accessories market based on component, material, application, distribution channel, and region
• Analysis of global market value (US$ million), volume (000 units/tons) and market share (2023-2028) for Plumbing Accessories by component
o pipes
o connectors
o Other (faucets, plumbing)
• Global Plumbing Supplies Market Value (Million US$), Volume (000 Units/Ton) and Market Share (2023-2028) Analysis by Material
o metal
o polymer
• Global Plumbing Supplies Market Value (US$ Mn), Volume (000 Units/Ton) and Market Share (2023-2028) Analysis by Application
oh housing
o Commercial
o Industrial
• Analysis of global market value (US$ million), volume (000 units/ton) and market share (2023-2028) by distribution channel
o Online
o Offline
Direct
Indirect
• Global analysis of market value (US$ million), volume (000 units/ton) and market share (2023-2028) by region
o North America market for sanitary accessories
United States
Canada
o Sanitary accessories market in Latin America
Brazil
Mexico
Rest of Latin America
o Western European market for sanitary accessories
Germany
United Kingdom
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
o Eastern European market for sanitary accessories
Russia
Poland
Hungary
Other CIS countries
Rest of Eastern Europe
o Asia Pacific sanitary ware market
China
Japan
India
South Korea
Australia
ASEAN
• Indonesia
• Thailand
• Philippines
• Viet Nam
• Malaysia
• Rest of ASEAN
Rest of Asia Pacific
o Middle East and Africa sanitary ware market
GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
South Africa
Nigeria
Türkiye
Rest of the Middle East and Africa
• Leading companies and market participants
o Aalberts NV (Lasco Fittings)
o Industrialized countries of the central states
o Finolex Industries Ltd.
o McWane, Inc.
o Morris Group International (Acorn Engineering Company)
o Mueller Industries, Inc.
or NUPI INDUSTRIE ITALIANE SPA
o Reliance Worldwide Corporation Limited (RWC)
o Turnkey Industrial Pipe & Supply Inc.
o Uponor Corporation.
More information about this report https://store.rationalstat.com/store/global-plumbing-accessories-market/
Key Questions Answered in the Plumbing Supplies Report:
• What will be the market value of the global sanitary accessories market by 2028?
• How big is the global market for sanitary accessories?
• What are the market drivers of the global sanitary accessories market?
• What are the key trends in the global sanitaryware market?
• Which is the leading region in the global sanitary accessories market?
• Which are the major companies operating in the global sanitary accessories market?
• What are the market shares of the most important segments in the global market for sanitary accessories?
Kimberley Shaw,
Content and press manager
Rational Stat LLC
sales@rationalstat.com
Telephone: +1 302 803 5429
RationalStat is an end-to-end global market research and consulting firm providing comprehensive market research reports, bespoke strategies and consulting studies. The company has sales offices in India, Mexico and the USA to support global and diversified businesses. The company has more than 80 consultants and industry experts who develop more than 850 market research and industry reports for its Report Store each year.
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