Faucet Market Report 2026

The faucet market size has grown rapidly in recent years. It will grow from $45.67 billion in 2025 to $50.34 billion in 2026 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to increasing demand for modern kitchen and bathroom fixtures, adoption of metal and plastic faucets, growth of housing and commercial construction, rising consumer preference for manual faucets, advancements in cartridge and compression technologies.

The faucet market size is expected to see rapid growth in the next few years. It will grow to $73.9 billion in 2030 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to deployment of electronic and digital faucets, rising adoption of touchless and sensor-activated faucets, growth in residential smart homes, increasing renovations and remodeling projects, expansion of commercial establishments and hospitality sector. Major trends in the forecast period include rise of touchless and sensor-activated faucets, integration of smart home technology with faucets, focus on water conservation and eco-friendly designs, use of corrosion-resistant and durable materials, expansion of residential and commercial renovation projects.

The growth in urbanization is driving the expansion of the faucet market. The migration of the human population from rural to urban areas is gradually increasing as people seek employment and a better standard of living, leading to a rise in urbanization worldwide. One of the most notable effects of urbanization is the growing demand for housing and commercial infrastructure, which in turn boosts the demand for faucets. For instance, in March 2025, according to Our World in Data, a UK-based organization, it is projected that by 2050, 7 out of 10 people globally will reside in urban areas. Moreover, by 2050, only a few countries are expected to have higher rural populations than urban. Therefore, the continuing rise in urbanization will drive demand for high-end apartments, houses, and skyscrapers in developing nations, which will consequently promote the growth of premium bathroom and kitchen accessories, including automated or sensor faucets.

Major companies operating in the faucet market are concentrating on advancing technologies such as touchless and smart faucet systems to boost hygiene, enhance water efficiency, and facilitate smooth smart-home integration. Touchless smart faucets incorporate sensor-based activation and digital controls to provide hands-free operation, accurate water dispensing, and temperature feedback. For example, in May 2024, Delta Faucet Company, a U.S.-based producer of kitchen and bath fixtures, introduced Touch2O with Touchless Technology across several kitchen faucet lines. The product employs a capacitive sensor to detect a user’s hand within roughly four inches for true touchless activation, while maintaining manual and tap-to-activate options, and includes TempSense LED indicators to show water temperature, delivering convenience and flexibility for both new installations and retrofit projects.

In July 2025, Roca Corporación Empresarial S.A., a Spain-based manufacturing company, acquired Phoenix for an undisclosed amount. Through this acquisition, Roca seeks to enhance its tapware division and increase its footprint in the Australian market, while incorporating Phoenix’s design-focused product portfolio and local manufacturing and logistics capabilities into its global brands. Phoenix Industries Pty. Ltd. is an Australia-based manufacturer that designs and produces premium tapware and bathroom fittings.

Major companies operating in the faucet market report are Colston Bath Ltd., LIXIL Group Corporation, Fortune Brands Home & Security Inc., Kohler Co., TOTO Ltd., American Standard Brands Inc., Eczacıbaşı Holding A.Ş., Danze Inc., Hansgrohe SE, Moen Incorporated, Villeroy & Boch AG, Jaquar Group, Globe Union Industrial Corp., Elkay Manufacturing Company, Delta Faucet Company a Masco Corporation, Hindware Industries Limited, Pfister Faucets Inc., Sloan Valve Company, CERA Sanitaryware Ltd., Franke Holding AG, Gerber Plumbing Fixtures LLC, Kerovit S.A., Aqua Source Faucet LLC, Paini UK Ltd., Lota Group, Roca Sanitario S.A., Kraus Inc., Waterstone Products Inc.

North America was the largest region in the faucet market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the faucet market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the faucet market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The faucet market consists of sales of disc faucets, cartridge faucets, and compression faucets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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