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Faucets are fixtures that control the flow of water in a plumbing system. They are commonly seen in the kitchen, bathroom, and other areas where water is required on a regular basis. Faucets come in a variety of styles, colors, and finishes to meet the needs of a wide spectrum of customers. In the worldwide plumbing sector, the global market for kitchen faucets is now expanding, with traditional kitchen faucet suppliers focused on developing innovative faucets that is expected to attract a large client base and enable the market for kitchen faucets to grow. Faucet manufacturers are now concentrating on producing faucets that match the demand for greater quality, durability, and aesthetics due to the increased need for modern kitchens. Furthermore, change in customer tastes, as well as rise in lifestyles have raised expenditure on luxury residences and renovations, which has boosted the market demand. Customers prefer the bar faucet as it is easier to operate and less expensive than kitchen faucets. This trend has fueled the demand for kitchen faucets, which in turn would enhance the market growth of kitchen faucets.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
New Product Launches to Flourish the Market
The launch of new products that contain improved capabilities have been launched by leading market players. The kitchen faucet is that inexpensive piece of hardware that may bring a dash of color to the kitchen décor. Changing it provides your kitchen a quick facelift, and you don't have to go through the hassle of a full makeover. The touch less faucets have been available for long, however, the pandemic has increased demand from homeowners who want to keep germs out of their houses.
While many of the latest faucets can be turned on with a wave of the hand, this isn't the only touchless technology available. Several faucet vendors, including Amazon Alexa, Google Home, and Apple HomeKit, now allow you to combine faucets with your home voice assistant. Kohler and Moen now have faucets that allow you to issue a spoken order to start a handwashing sequence that matches the Centers for Disease Control and Prevention's guidelines.
The U by Moen Sarai faucet is a great illustration of how technology and style can work together. Manually, with a wave of the hand, or with voice instructions, the faucet can be turned on and off. Homeowners can adjust presets or turn the faucet on and off using a smartphone app. Recently, Moen, like many other companies, increased the amount of types and finishes available with their touchless technology. The Sarai is one of five new touchless-enabled models available.
Commercial Sector to Boost the Market
In the coming years, the commercial category is expected to be the largest and fastest-growing. Many companies are now selling premium and luxury taps that are specifically built for business use. Moen Incorporated offers a wide range of commercial taps, including the M-Power, M-Dura, M-Press, and M-Bition. Delta Faucet Company, meanwhile, provides sophisticated commercial faucets for the hospitality industry.
Key Benefits of the Report
Questions answered in the Kitchen Faucets Market Research Report
Kitchen Faucets Market Report Highlights
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Key Market Players | American Bath Group, Gerber Plumbing Fixtures LLC, Colston Bath, DELTA FAUCET COMPANY, PROFLO, Franke Kitchen Systems, Moen Incorporated, Jaquar, Kohler Co., TOTO LTD., GROHE AMERICA, Inc. |
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