A thermostatic mixer tap, commonly known as a thermostatic tap, adjusts the temperature of the water pouring out of the tap. A heating element in a mixer or thermostatic tap automatically turns on or off depending on the temperature of the water flowing out of the tap. Mixer taps or thermostatic taps are now frequently used in residential and commercial bathrooms & kitchens where water must flow at a constant temperature. A mixer tap combines hot and cold water to create the perfect temperature. The temperature of water pouring out of a mixer tap is controlled by a thermostatic element or cartridge. Regardless of the temperature and water pressure of the cold and hot water supply, a thermostatic mixer tap maintains a constant temperature of water coming out of the tap. Furthermore, change in customer tastes, as well as rise in lifestyles have raised the expenditure on luxury residences and renovations, which has boosted the market demand.
COVID-19 Impact Analysis
- The coronavirus outbreak has had a substantial influence on not only a variety of businesses, but on all stages of their supply chains and value chains. Consumer goods is one such business that is currently experiencing difficulties as a result of the pandemic.
- Raw material supply is one of the most important sections of the mixer tap market's value chain, where key companies and vendors are experiencing issues owing to inadequate logistics, traffic control, and restrictions on public mobility in affected nations throughout the world, which can cause supply interruptions.
- Major market actors have been forced to reconsider their contingency planning and risk management as a result of the pandemic. To fight this issue, the market's key participants have concentrated on regaining control of their businesses.
Top Impacting Factors
- Increased worldwide population, disposable money, and change in lifestyles have resulted in the construction of residential and commercial structures, driving mixer tap sales all over the world.
- In the worldwide tap mixer sector, the global market for kitchen mixer tap is now expanding, with traditional kitchen tap suppliers focused on developing innovative mixer taps that is expected to attract a large client base and enable the market for kitchen mixer tap to grow.
- With the growth in popularity of contemporary washrooms and synchronized sanitary-ware, fittings, and accessories, the market's major players now offer a one-stop shop for all sanitary ware and fitting equipment.
- The new smart mixer taps are clever and convenient kitchen appliances that adapt to specific requirements. They mix amazing features with timeless design, allowing them to seamlessly integrate into today's open layout concepts. During the forecast period, such advancements are anticipated to boost the market.
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. They have taken necessary steps to improve accuracy of devices and overall functionality as well. Blanco's sink and mixer tap experts have always strived to make good things even better, and this attitude serves as a catalyst for new product development. Blanco is currently establishing trends in the smart home market with its stunning new smart mixer taps, showing its innovative prowess. Last year, the sensor-controlled Solenta-S Senso mixer tap kicked things off, and two more standout smart designs have since followed.
Kohler Co. is a global bathroom and kitchen goods firm founded by John Michael Kohler on December 3, 1873 in Sheboygan, Wisconsin, where it is now headquartered. Shower and bath thermostatic mixer taps, basin-mounted shower and bath thermostatic mixer taps, toilets, toilet seats, showers, bathtubs, bath linens, and faucets are among the company's products.
Commercial Sector to Boost the Market
In the coming years, the commercial category is expected to be the largest and fastest-growing. Many companies now sell 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-Biotin. Delta Faucet Company, meanwhile, provides sophisticated commercial tap mixers for the hospitality industry.
Key Benefits of the Report
- This study presents the analytical depiction of the kitchen mixer tap 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 kitchen mixer tap market share.
- The current market is quantitatively analyzed to highlight the growth scenario of the kitchen mixer tap market.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
- The report provides a detailed kitchen mixer tap market analysis based on competitive intensity and how the competition will take shape in coming years
Questions Answered in the Kitchen Mixer Tap Market Research Report
- Which are the leading players active in the kitchen mixer tap market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- What is "Kitchen Mixer Tap" Market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the driving factors and opportunities in the market?
- What are the current trends and predicted trends?
- What are the challenges faced in the "Kitchen Mixer Tap" Market?
Kitchen Mixer Tap Market Report Highlights
| Aspects | Details |
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 Key Market Players | Colston Bath, GROHE AMERICA, Inc., TOTO LTD., PROFLO, American Bath Group, DELTA FAUCET COMPANY, Franke Kitchen Systems, Gerber Plumbing Fixtures LLC, Jaquar, Kohler Co., Moen Incorporated |
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