Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3,172.30 Million | USD 4,474.55 Million | 5.90% | 2021 |
FrequentlyAsked Questions
The growing demand for water-saving technology is driving the smart toilet market. One of the main goals of leading smart toilet manufacturers is to conserve water and water resources. Population growth has increased the need for water sustainability, increasing the need for water conservation. Smart toilets effectively contribute to water conservation. Smart water-saving toilets help save total water consumption for each household. The growing demand for water-saving technology is expected to drive the growth of the global smart toilet market.
According to the Zion Market Research report, the global smart toilet market was worth about 3,172.30 (USD million) in 2021 and is predicted to grow to around 4,474.55 (USD million) by 2028 with a compound annual growth rate (CAGR) of about 5.90 percent.
Europe holds the dominant share of the global smart toilet 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 smart (smart) toilet 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 smart toilet market size.
The main competitors dominating the global smart toilet market include Kohler Co., Toto Ltd., Roca Sanitario SA, LIXIL Group Corporation, Duravit AG, Wellis, Masco Corporation, Bradley Corporation, and Fortune Brands, and Villeroy & Boch AG.
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