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Latin America Faucet Market Analysis, 2020

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  • 132 Pages
  • October 2020
  • Region: Latin America
  • MarkNtel Advisors LLP
  • ID: 5447819

Introduction of Innovative Faucet Technologies Escalating the Growth of the Latin America Faucet Market

A faucet is a regulator that controls the flow of liquid, especially water out of a pipe or from a reservoir.

Latin America Faucet Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Latin America Faucet market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities

According to this research report titled “Latin America Faucet Market Analysis, 2020”, the Latin America Faucet market is anticipated to grow at a CAGR of 3% during 2021-26F. The growth of the segment is accredited to the rising disposable income of the consumers, significant growth in home remodeling, thus increasing the demand for smart bathroom accessories along with numerous launches of sensor-based bathroom faucets. Furthermore, escalating government investment toward the construction of residential and commercial buildings, changing consumer preferences and lifestyle, growth in urban population, and surging presence of international brands are expected to fuel the growth of the global faucet market during the forecast period.

The demand for faucets witnessed a sharp decline this year amid the COVID-19. Manufacturing and construction are the severely affected sector in the region especially in Brazil due to strict social distancing policies which have a major impact on numerous construction sites. However, the demand for faucets is projected to experience positive growth in the near future.

Market Segmentation

Hotel Segment Acquired the Significant Market Share

Based on End User, the Hotel segment held a significant market share in the Latin America Faucet market in 2019. The rising foothold of international hotel chains, increasing partnerships among the companies to establish their strong presence throughout the region, and a burgeoning number of installations of advanced and multifunctional faucets in the rooms are anticipated to promote the growth of the market in the forthcoming timeline. However, the residential sector is expected to grow at a sturdy rate owing to the escalating number of houses and burgeoning demand for premium kitchen and bathroom fixture products by the consumer. Moreover, the introduction of the smart city plan by the government is projected to accelerate the growth of the Faucet market in Latin America in the coming years as stated in the research report “Latin America Faucet Market Analysis, 2020”.

Competitive Landscape

According to the publisher, the key players with a considerable market share in the Latin America Faucet market include Moen Incorporated, Grohe AG, Kohler Co., Franke Holding AG, Spectrum Brands, Inc., Toto Ltd., Sloan Valve Company, Platinum Solutions Group, etc.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Latin America Faucet Market?
2. What is the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Latin America Faucet Market?
4. Who are the key competitors or market players and how they perform in Latin America Faucet Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Latin America Faucet Market study?

Table of Contents

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Preface3. Executive Summary4. Impact of COVID-19 on Latin America Faucets Market
5. Latin America Faucets Market Analysis, 2016-2026F
5.1. Market Size & Analysis
5.1.1. Revenues
5.1.2. Units Sold
5.2. Market Share & Analysis
5.2.1. By Type Manual Electronic
5.2.2. By Material Metal Plastic
5.2.3. By Application Kitchen Bathroom Others
5.2.4. By End User Residential Hotels Corporate Offices Education Hospitals Others
5.2.5. By Country Mexico Brazil Argentina Chile Peru Others
5.2.6. By Competitors Competition Characteristics Market Share & Analysis Competitive Metrix
6. Mexico Faucets Market Analysis, 2016-2026F
6.1. Market Size & Analysis
6.1.1. Revenues
6.1.2. Units Sold
6.2. Market Share & Analysis
6.2.1. By Type
6.2.2. By Material
6.2.3. By Application
6.2.4. By End User
7. Brazil Faucets Market Analysis, 2016-2026F
7.1. Market Size & Analysis
7.1.1. Revenues
7.1.2. Units Sold
7.2. Market Share & Analysis
7.2.1. By Type
7.2.2. By Material
7.2.3. By Application
7.2.4. By End User
8. Argentina Faucets Market Analysis, 2016-2026F
8.1. Market Size & Analysis
8.1.1. Revenues
8.1.2. Units Sold
8.2. Market Share & Analysis
8.2.1. By Type
8.2.2. By Material
8.2.3. By Application
8.2.4. By End User
9. Chile Faucets Market Analysis, 2016-2026F
9.1. Market Size & Analysis
9.1.1. Revenues
9.1.2. Units Sold
9.2. Market Share & Analysis
9.2.1. By Type
9.2.2. By Material
9.2.3. By Application
9.2.4. By End User
10. Peru Faucets Market Analysis, 2016-2026F
10.1. Market Size & Analysis
10.1.1. Revenues
10.1.2. Units Sold
10.2. Market Share & Analysis
10.2.1. By Type
10.2.2. By Material
10.2.3. By Application
10.2.4. By End User
11. Latin America Faucets Market Distribution Channel Analysis
11.1. Distributors & Dealers
11.2. Direct Sales
11.3. Online
12. Latin America Faucets Market Value Chain Analysis13. Latin America Faucets Market Policies & Regulations
14. Latin America Faucets Consumer Behavior Analysis
14.1. Factors Affecting Buying Decision
14.2. Consumer Trends & Preferences
15. Latin America Faucets Market Trends & Insights
16. Latin America Faucets Market Dynamics
16.1. Drivers
16.2. Challenges
16.3. Impact Analysis
17. Latin America Faucets Market Hotspot & Opportunities
18. Latin America Faucets Market, Competition Outlook
18.1. Competition Matrix
18.1.1. Brand Specialization
18.1.2. Target Markets
18.1.3. Target Applications
18.1.4. Research & Development
18.1.5. Collaborations & Strategic Alliances
18.1.6. Key Business Expansion Initiatives
18.1.7. Business Restructuring- Mergers, Acquisitions, JVs
18.1.8. Strategic Initiatives
18.2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
18.2.1. Moen Incorporated
18.2.2. Grohe AG
18.2.3. Kohler Co.
18.2.4. Franke Holding AG
18.2.5. Spectrum Brands, Inc.
18.2.6. Toto Ltd.
18.2.7. Sloan Valve Company
18.2.8. Platinum Solutions Group
19. Disclaimer

Companies Mentioned

  • Moen Incorporated
  • Grohe AG
  • Kohler Co.
  • Franke Holding AG
  • Spectrum Brands Inc.
  • Toto Ltd.
  • Sloan Valve Company
  • Platinum Solutions Group