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Faucet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 148 Pages
  • January 2022
  • Region: Global
  • IMARC Group
  • ID: 5530375
The global faucet market reached a value of US$ 24.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 39.8 Billion by 2027, exhibiting a CAGR of 7.99% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor

A faucet refers to a plumbing fixture used for regulating the flow of a liquid or gas from a reservoir. It is usually manufactured using brass, steel, die-cast zinc and chrome-plated plastic and consists of a handle, cartridge, spout, mixing chamber, aerator and an inlet source. Some of the most commonly used faucets include pull-down, pull-out, hands-free, bar, pot and side spray faucets. Apart from these, single and dual control cartridge faucets are also used for residential applications. Single control variants consist of a metal or plastic core that operates vertically, and the dual control variants operate through a metal ball with spring-loaded rubber seals fitted into the body. These faucets are available in a wide range of colors, styles and finishing that can be customized according to the user requirements

Faucet Market Trends:

Rapid urbanization, along with significant growth in the residential sector, is one of the key factors creating a positive outlook for the market. Furthermore, with the changing lifestyles and improving standards of living, there is an increasing demand for luxurious and ergonomically designed faucets that are convenient to use and are also aesthetically appealing. Additionally, various product innovations, such as the development of touch-free, digital and hybrid smart faucets that are equipped with efficiency sensors and temperature gauges, are acting as other growth-inducing factors. In line with this, aggressive promotional activities by the manufacturers and the proliferation of online retail channels that provide users with a wide variety of products to choose from, are also contributing to the market growth. Other factors, including rising expenditure capacities of the consumers, along with increasing product adoption across residential, commercial and hospitality sectors, are anticipated to drive the market further

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global faucet market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application, technology, materials, distribution channel and end user

Breakup by Type:

  • One Hand Mixer
  • Two Hand Mixer
  • Others

Breakup by Application:

  • Bathroom
  • Kitchen
  • Others

Breakup by Technology:

  • Cartridge
  • Compression
  • Ceramic Disc
  • Ball

Breakup by Materials:

  • Metal
  • Plastics

Breakup by Distribution Channel:

  • Online
  • Offline

Breakup by End User:

  • Residential
  • Commercial
  • Industrial

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being American Standard Brands (Lixil Group), Colston Bath, Delta Faucet Company (Masco Corporation), Franke Holding AG (Artemis Holding AG), Gerber Plumbing Fixtures LLC (Globe Union Group Inc.), Grohe America Inc., Jaquar, Kohler Co., Moen Incorporated (Fortune Brands Home & Security Inc.), Toto Ltd. and Villeroy & Boch Aktiengesellschaft

Key Question Answered in this Report

1. What is the size of the global faucet market?
2. What has been the impact of COVID-19 on the global faucet market?
3. What are the key factors driving the global faucet market?
4. What is the breakup of the global faucet market based on the distribution channel?
5. What is the breakup of the global faucet market based on the type?
6. What is the breakup of the global faucet market based on the application?
7. What is the breakup of the global faucet market based on the end-user?
8. What are the key regions in the global faucet market?
9. Who are the key players/companies in the global faucet market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Faucet Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 One Hand Mixer
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Two Hand Mixer
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Bathroom
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Kitchen
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Technology
8.1 Cartridge
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Compression
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Ceramic Disc
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Ball
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Materials
9.1 Metal
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Plastics
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Distribution Channel
10.1 Online
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Offline
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by End User
11.1 Residential
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Commercial
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Industrial
11.3.1 Market Trends
11.3.2 Market Forecast
12 Market Breakup by Region
12.1 North America
12.1.1 United States
12.1.1.1 Market Trends
12.1.1.2 Market Forecast
12.1.2 Canada
12.1.2.1 Market Trends
12.1.2.2 Market Forecast
12.2 Asia Pacific
12.2.1 China
12.2.1.1 Market Trends
12.2.1.2 Market Forecast
12.2.2 Japan
12.2.2.1 Market Trends
12.2.2.2 Market Forecast
12.2.3 India
12.2.3.1 Market Trends
12.2.3.2 Market Forecast
12.2.4 South Korea
12.2.4.1 Market Trends
12.2.4.2 Market Forecast
12.2.5 Australia
12.2.5.1 Market Trends
12.2.5.2 Market Forecast
12.2.6 Indonesia
12.2.6.1 Market Trends
12.2.6.2 Market Forecast
12.2.7 Others
12.2.7.1 Market Trends
12.2.7.2 Market Forecast
12.3 Europe
12.3.1 Germany
12.3.1.1 Market Trends
12.3.1.2 Market Forecast
12.3.2 France
12.3.2.1 Market Trends
12.3.2.2 Market Forecast
12.3.3 United Kingdom
12.3.3.1 Market Trends
12.3.3.2 Market Forecast
12.3.4 Italy
12.3.4.1 Market Trends
12.3.4.2 Market Forecast
12.3.5 Spain
12.3.5.1 Market Trends
12.3.5.2 Market Forecast
12.3.6 Russia
12.3.6.1 Market Trends
12.3.6.2 Market Forecast
12.3.7 Others
12.3.7.1 Market Trends
12.3.7.2 Market Forecast
12.4 Latin America
12.4.1 Brazil
12.4.1.1 Market Trends
12.4.1.2 Market Forecast
12.4.2 Mexico
12.4.2.1 Market Trends
12.4.2.2 Market Forecast
12.4.3 Others
12.4.3.1 Market Trends
12.4.3.2 Market Forecast
12.5 Middle East and Africa
12.5.1 Market Trends
12.5.2 Market Breakup by Country
12.5.3 Market Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 American Standard Brands (Lixil Group)
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.2 Colston Bath
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.3 Delta Faucet Company (Masco Corporation)
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.4 Franke Holding AG (Artemis Holding AG)
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.5 Gerber Plumbing Fixtures LLC (Globe Union Group Inc.)
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.6 Grohe America Inc.
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Financials
17.3.6.4 SWOT Analysis
17.3.7 Jaquar
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.8 Kohler Co.
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.9 Moen Incorporated (Fortune Brands Home & Security Inc.)
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.10 Toto Ltd.
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Financials
17.3.10.4 SWOT Analysis
17.3.11 Villeroy & Boch Aktiengesellschaft
17.3.11.1 Company Overview
17.3.11.2 Product Portfolio
17.3.11.3 Financials
17.3.11.4 SWOT Analysis
List of Figures
Figure 1: Global: Faucet Market: Major Drivers and Challenges
Figure 2: Global: Faucet Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Faucet Market: Breakup by Type (in %), 2021
Figure 4: Global: Faucet Market: Breakup by Application (in %), 2021
Figure 5: Global: Faucet Market: Breakup by Technology (in %), 2021
Figure 6: Global: Faucet Market: Breakup by Materials (in %), 2021
Figure 7: Global: Faucet Market: Breakup by Distribution Channel (in %), 2021
Figure 8: Global: Faucet Market: Breakup by End User (in %), 2021
Figure 9: Global: Faucet Market: Breakup by Region (in %), 2021
Figure 10: Global: Faucet Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 11: Global: Faucet (One Hand Mixer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Faucet (One Hand Mixer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Faucet (Two Hand Mixer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Faucet (Two Hand Mixer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Faucet (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Faucet (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Faucet (Bathroom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Faucet (Bathroom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Faucet (Kitchen) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Faucet (Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Faucet (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Faucet (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Faucet (Cartridge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Faucet (Cartridge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Faucet (Compression) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Faucet (Compression) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Faucet (Ceramic Disc) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Faucet (Ceramic Disc) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Faucet (Ball) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Faucet (Ball) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Faucet (Metal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Faucet (Metal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Faucet (Plastics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Faucet (Plastics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Faucet (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Faucet (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Faucet (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Faucet (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Faucet (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Faucet (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Faucet (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Faucet (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Faucet (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Faucet (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: North America: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: North America: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: United States: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: United States: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Canada: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Canada: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Asia Pacific: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Asia Pacific: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: China: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: China: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Japan: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Japan: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: India: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: India: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: South Korea: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: South Korea: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Australia: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Australia: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Indonesia: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Indonesia: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Europe: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Europe: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Germany: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Germany: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: France: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: France: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: United Kingdom: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: United Kingdom: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Italy: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Italy: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Spain: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Spain: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Russia: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Russia: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Others: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Others: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Latin America: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Latin America: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Brazil: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Brazil: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Mexico: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Mexico: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Others: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Others: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Middle East and Africa: Faucet Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Middle East and Africa: Faucet Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Global: Faucet Industry: SWOT Analysis
Figure 94: Global: Faucet Industry: Value Chain Analysis
Figure 95: Global: Faucet Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Faucet Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Faucet Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Faucet Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Faucet Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 5: Global: Faucet Market Forecast: Breakup by Materials (in Million US$), 2022-2027
Table 6: Global: Faucet Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 7: Global: Faucet Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 8: Global: Faucet Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 9: Global: Faucet Market Structure
Table 10: Global: Faucet Market: Key Players

Companies Mentioned

  • American Standard Brands (Lixil Group)
  • Colston Bath
  • Delta Faucet Company (Masco Corporation)
  • Franke Holding AG (Artemis Holding AG)
  • Gerber Plumbing Fixtures LLC (Globe Union Group Inc.)
  • Grohe America Inc.
  • Jaquar
  • Kohler Co.
  • Moen Incorporated (Fortune Brands Home & Security Inc.)
  • Toto Ltd.
  • Villeroy & Boch Aktiengesellschaft.

Methodology

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