Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 25.14 Billion | USD 45.26 Billion | 6.75% | 2023 |
The global ceramic sanitary ware market size was worth around USD 25.14 billion in 2023 and is predicted to grow to around USD 45.26 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.75% between 2024 and 2032.
The report covers a forecast and an analysis of the ceramic sanitary ware market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion).
Ceramic sanitary ware comprises components that are used for sanitary purposes. Sanitary ware products include toilet sinks/water closets, urinals, wash basins, cisterns, etc. They consist of various raw materials, such as feldspar, quartz, and clay. The ceramic sanitary ware market is primarily driven by the growing economies coupled with increasing investments made in sanitation program in various developing economies, rapid urbanization, increase in population, increasing housing and commercial construction infrastructure, and rising standards of living of people across the globe.
The global ceramic sanitary ware market is primarily driven by growing awareness about personal hygiene across the globe. Moreover, the era of capital integration coupled with the increasing demand for sanitary across institutional and commercial sectors, such as colleges, schools, offices, and hotels, are also boosting the ceramic sanitary ware market over the estimated time period. Additionally, proactive initiatives by the government and the ruling authorities to provide affordable ceramic sanitary ware have provided an impetus to this market’s growth. However, variable costs of production and fluctuating demand may restrain the global ceramic sanitary ware market in the future.
The study includes drivers and restraints for the ceramic sanitary ware market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the ceramic sanitary ware market on a global as well as regional level.
In order to give the users of this report a comprehensive view of the ceramic sanitary ware market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the ceramic sanitary ware market by segmenting the market based on product type, technology and application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
On the basis of product type, the global ceramic sanitary ware market is segmented into cisterns, toilet sinks/water closets, urinals, washbasins, and others. By product type, toilet sinks/water segment is estimated to cover maximum market share in terms of value and volume owing to the fact that consumer uses ceramic sanitary ware mostly for this segment.
By technology, the market is segmented into slip casting, pressure casting, tape casting, and isostatic casting. Slip casting is expected to hold the largest market share in the future, due to these castings’ homogenous production, adaptability to complex designs, and low capital investments.
By application, the market is segmented into commercial and residential. The commercial segment further includes hospitality, industrial, office and institutional and retail. The residential segment further includes multi-family and single family. The hospitality segment held a prominent market share in 2023 due to the growing traveling industry globally.
Report Attributes | Report Details |
---|---|
Report Name | Ceramic Sanitary Ware Market Research Report |
Market Size in 2023 | USD 25.14 billion |
Market Forecast in 2032 | USD 45.26 billion |
Growth Rate | CAGR of 6.75% |
Number of Pages | 110 |
Key Companies Covered | LIXIL Corporation, RAK ceramics, Toto Inc., Geberit Group, Roca Group, Duravit AG, Duratex S.A., Villeroy & Boch, HSIL, and Ideal Standard International S.A. |
Segments Covered | By Application, By Product Type, By Technology, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further divided into major countries including the U.S., Canada, Germany, France, UK, China, Japan, India, and Brazil.
Asia Pacific dominated the global ceramic sanitary ware market in 2018 and is expected to show the fastest growth over the forecast time period. This can be attributed to the growing awareness about personal hygiene. Europe is the second largest market followed by North America. The Middle East and Africa and Latin America are also expected to experience lucrative growth rates in the global ceramic sanitary ware market in the upcoming years.
Some key players of the global ceramic sanitary ware market are:
Global Ceramic Sanitary Ware Market: By Product Type
Global Ceramic Sanitary Ware Market: By Technology
Global Ceramic Sanitary Ware Market: By Application
Global Ceramic Sanitary Ware Market: By Region
FrequentlyAsked Questions
Ceramic sanitary ware comprises components that are used for sanitary purposes. Sanitary ware products include toilet sinks/water closets, urinals, wash basins, cisterns, etc.
According to study, the global ceramic sanitary ware market size was worth around USD 25.14 billion in 2023 and is predicted to grow to around USD 45.26 billion by 2032.
The CAGR value of ceramic sanitary ware market is expected to be around 6.75% during 2024-2032.
Asia Pacific has been leading the global ceramic sanitary ware market and is anticipated to continue on the dominant position in the years to come.
The global ceramic sanitary ware market is led by players like LIXIL Corporation, RAK ceramics, Toto Inc., Geberit Group, Roca Group, Duravit AG, Duratex S.A., Villeroy & Boch, HSIL, and Ideal Standard International S.A.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed