Bathroom sinks have become essential bathroom accessories used in routine life. Bathroom sinks are commonly made up of ceramic, stone, glass, wood, metal, and other materials. Bathroom sinks are separate space for washing hands & face, bathroom sinks are great and prominent innovation for day to day life. Bathroom sinks are available in different designs and styles that are used for different purposes and with convenience of people. Bathroom sink market has shown significant growth in last few years as it is majorly used by construction industry for providing proper sanitation facilities to people in residential homes. Key players keep launching new and innovated products that help to enhance beauty of bathrooms and more ergonomic in designs. Rise in use of bathroom sinks by construction industry and innovation in bathroom sinks in short intervals is utmost factor in growth of global bathroom sink market and is expected to rise during the forecast period.
COVID-19 Impact Analysis
- During COVID-19, globally many industries suffered from economic crises. The pandemic hampered the global bathroom sink market.
- To control spread of coronavirus, lockdowns were imposed that resulted in huge disruption in supply chain of raw material and looming of production cycle of global bathroom sink. Restraints were imposed by government on several brand stores and hardware stores that led to great hampering in demand of bathroom sink.
- Various restraints was imposed by government on residential development projectsas they are major users of bathroom sink that led to huge decline in demand of bathroom sink market. E-commerce has played significant role in uplifting supply chain of bathroom sink as it helps to cover wider range and cater demands of customer. Customers started shifting to online shopping method and hesitating and avoiding to going for instore purchases to control spread of Wuhan virus.
Top Impacting Factors-
People have started moving from backwards areas to urban areas in search of better health care, educational and transportation facilities. Increase in rapid urbanisation has led to creating a new demand of residential homes from migrated consumers. Many professional builders and constructors are coming up with new residential development projects to cater demand of consumer for new residential homes resulted in rapid rise in growth of construction industries.Bathroom sinks are commonly used by professional builder and constructors to deliver proper sanitation facilities in new smart homes, as they offer home in ready to live position.
Key player are highly investing in innovation of products and engaged with research &development process, to offers improvised and innovative products to catering demand of consumers and to compete with competitors and rival products. Many key players have introduced bathroom sink in different shapes and design that are made up of different materials such as ceramic, glass, stones and metals. Usually ceramic bathroom sinks have glossy and durable looks attractive and offers aesthetic appeal to bathroom, these ceramic bathroom sinks are scratch resistible and easy to cleans stains and dirt. Key manufactures have also introduced new modern and stylish bathroom sinks that are covered with colourful tempered glass and more ergonomic design.
Many reputed hotels, spa and mega resorts are opting for modern and stylish bathroom sink, as they are willing to offer more premium services to their consumers. They are generally use branded and a designer bathroom sinks as it offers glossy finish and beauteousness appearance to bathroom. Many different types of sinks are available to make turning with hotels and resorts bathroom ambience such as bathroom sinks made up of natural and hand curved marble that makes hotel bathroom more stylish.
Market Trends
Rise in Trend of Using Bathroom Sink for Interior Designing of Bathrooms
- Bathroom sinks have gained prominence among professional interior designers as these designer bathroom sinks helps to enhance beauty of bathrooms. Professional interior designers use new and stylish bathroom sinks to deliver aesthetic appearance to bathrooms.These designers bathroom sink by big brands are very costly and premium in nature as many bathroom sinks that are made up of stones are hand craved and offers luxurious life style to customers and also helps to maintain their status. Rise in use of bathroom sink in bathroom interior designing is key trend that is fuelling growth of global bathroom sinks market.
Rise in Trend of Renovation Activities in Commercial and Household Sectors.
- In last couple of years renovation activities has rapidly increase in household and commercial sectors, with change in lifestyle of people and rise in disposable income of consumer people have started spending more on ambience of bathroom and sanitation facilities. Many people are renovating their whole house and using recently launched and premium bathroom products such as bathroom sinks to upgrade their standard of living. Many commercial building such as malls and restaurants are going for renovation and they are highly investing in bathroom sinks to cater premium services to their customers.
Key Benefits of Report
- This study presents the analytical depiction of the bathroom sink industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bathroom sink market share.
- The current market is quantitatively analysed to highlight bathroom sink market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed bathroom sink market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Bathroom Sink Market Research Report –
- Which are the leading players active in the bathroom sink market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is the bathroom sink market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the current trends and predicted trends?
Key Market Segments
- By Product Type
- Under-mount Sinks
- Top-mount Sinks
- Pedestal Sinks
- Vessel Sinks
- Integrated Sink and Countertops
- Semi recessed Sinks
- Wall-mounted Sinks
- Wash plane Sinks
- Console Sinks
- By Material
- Stone
- Ceramic
- Glass
- Wood
- Metal
- By Price Point
- By Application
- Household
- Commercial
- Others
- By Distribution Channel
- By Region
- North America
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- LIXIL Corporation
- FRANKE Holding AG
- Roca Sanitario SA
- Schock GmbH.
- JOMOO Kitchen and Bath Co. Ltd.
- Toto Ltd.
- HSIL Ltd
- Elkay Manufacturing Co
- Duravit AG
- Julien Inc.
- Kohler Co