Global Toilet Tank Fittings Market Is Likely To Grow At A CAGR Value Of Around 4.80% By 2028

The global toilet tank fittings market size was worth around USD 6,923.40 million in 2021 and is estimated to grow to about USD 9,172.48 million by 2028, with a compound annual growth rate (CAGR) of around 4.80 percent during the forecast period. The report analyzes the toilet tank fittings market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the toilet tank fittings market.

The toilet tank is an essential part of the toilet. These accessories include an inlet valve, discharge valve, push button, push lever, and other components. The inlet valve controls the water inlet, and the drain valve controls the water flow. It comes in various sizes and is readily available in the market. These accessories help in the proper functioning of the toilet. If there is no toilet connection, flushing cannot work. Increasing infrastructure investment and construction of buildings are the factors driving the growth of the global market. The growing demand for water-saving technology is driving the toilet tank fittings market. Leading toilet tank manufacturers' main goal is to conserve water and water resources. Population growth has increased the need for water sustainability, increasing the need for water conservation. However, the availability of substitute products and intense competition are hindering the development of the global market. Technological changes can have both positive and negative effects on market growth. The durability of the accessory and the quality of the product can create opportunities for the global market.

The global toilet tank fittings market is segregated based on product type, size, application, sales channel, and region. By application type, the market is divided into residential, hotels, commercial buildings, and others. Among these, the commercial building segment dominates the market, accounting for a significant percentage of global sales due to many high-end restaurants, bars, hotels, and shopping malls installing smart toilets to provide cleaning services to their customers. The sales channel bifurcates the market into hardware stores, online retail, and others. Over the forecast period, the hardware store sales channels were the largest segment with significant revenue in 2021. In addition, various residential and commercial real estate companies partner with these stores to ensure the continued offering of discounted products.

Europe holds the dominant share of the global toilet tank fittings market and is expected to maintain its leadership position throughout the forecast period. In 2020, this region accounted significant market share. Factors such as increasing consumer spending on maintaining bathroom hygiene and improving purchases of smart toilets are driving the region’s market. Many people in the UK and Germany prefer touchless smart toilets. In addition, increased spending on hygiene and health products in Germany, the UK, and France is a favorable factor for increasing the market size.

Key market players in the global toilet tank fittings market include R&T Plumbing, WDI Plumbing, Xiamen Alyn Plumbing, Fluidmaster, Yuyao meige Sanitary Parts Industrial, BQM, Zhoushan Haichen, Siamp, Meitu, and Gerberit.

Browse the full “Global Toilet Tank Fittings Market By Type (Fill Valve, Flush Valve, Push Button & Lever, and Others), By Size (1.5 inch, 2 inches, and 3 Inch), By Application (Residential, Hotels, Commercial Buildings, and Others), By Sales Channel (Hardware Stores, Online Retail, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/global-toilet-tank-fittings-market

Global toilet tank fittings market is segmented as follows:

By Type

• Fill Valve
• Flush Valve
• Push Button & Lever
• Others

By Size

• 1.5 inch
• 2 inches
• 3 Inch

By Application

• Residential
• Hotels
• Commercial Buildings
• Others

By Sales Channel

• Hardware Stores
• Online Retail
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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