Kitchen Sinks Market Research, 2031
The global kitchen sinks market size was valued at $3.3 billion in 2021, and is projected to reach $4.9 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031.
The kitchen sinks market is segmented into Material, Installation, Bowl and End User.
The kitchen sink is also referred to as a basin. It is a plumbing fixture that is particularly used for dishwashing, hand washing, and other purposes in commercial or household kitchens. The surge in demand for premium kitchen fixtures, rise in adoption of modular kitchens, and increase in consumer expenditure on home improvement and home décor products are expected to drive the kitchen sinks market growth during the forecast period. The rise in consumer income, surge in penetration of restaurants and other food service units, and increase in the number of real estate projects across the globe are anticipated to propel the growth in the kitchen sinks market demand in the forthcoming years.
There is a rise in the number of hotels, restaurants, and cafes (HoReCa) as the industry is bouncing back after the pandemic. According to the report of the U.S. Department of Agriculture, full-service and fast-food restaurants the two largest segments of the commercial foodservice market accounted for about 70.5% of all food-away-from-home sales in 2021. In 2021, the food service and food retailing industries supplied about $2.12 trillion worth of food in the U.S. In 2021, the share of food-at-home expenditures was 45%, and food away from home was 55% going back to pre-pandemic levels after accounting for 50.9% in 2020. A cloud kitchen uses a commercial kitchen for preparing food for delivery or takeout only, with no dine-in customers. Due to limited availability of space and the rising number of food delivery channels like Swiggy and Zomato the cloud kitchen is rising and is expected to grow. All these factors are expected to help the market to grow.
Increasing urbanization is expected to result in the expansion of the building industry as major builders and constructors are developing new residential development projects to meet the need for housing from migrants. According to United Nations Conference on Trade and Development in 2010, 51.6% lived in urban areas. By 2020, the share of the urban population increased to 56.2%. It is generally higher in the developed (79.2% in 2020) than in the developing world (51.6%). Along with this with a rise in urbanization, the number of people who are making their homes appealing and comfortable will increase. Owing to all these factors rise in urbanization will lead to the growth of the kitchen sink market.
However, the fluctuating prices of raw materials may hamper the growth of the kitchen sinks industry. Stainless steel is the major raw material for the manufacturing of kitchen sink due to its durability, resistance, and reliability. The price of stainless steel has risen by around 130% in the previous 6 years. Such a rise in the price of stainless steel will result in the increased price of kitchen sinks which can hold back the growth of the market as stainless steel is the most important material for the manufacturing of kitchen sinks and owing to such a high price consumers can deter from its purchase.
Various steps are being taken by the players in the kitchen sink market. For instance, the Kohler smart kitchen sink offers voice control, while Xiaomi’s Mensarjor kitchen sink offers smart dishwasher integration with high-frequency vibrations for cleaning vegetables and fruits. Internet of Things is a growing network of everyday objects that connects industrial machines to consumer home appliances which will help in sharing information and completing tasks while doing other chores. Along with this introduction of a portable sink by GoSun is also a great initiative that uses solar energy to pump water at 15 PSI, and can function as a portable handwashing station, and a source of clean drinking water. Such technological advancements by players will create an opportunity for the market to grow.
E-commerce has boomed as a sales channel. ITU estimates that approximately 4.9 billion people – or 63% of the world’s population were using the Internet in 2021. This represents an increase of 17% since 2019, with 782 million people estimated to have come online during that period. Owing to the rising penetration of smartphone users and the increasing number of internet users the e-commerce platform is expected to boom as a sales channel. Along with this, there is a rise in the number of online sales channel kike Amazon, Flipkart, and others. Such a rise in the e-commerce channel is expected to increase the sales of kitchen sinks during the forecast period since the rise in the number of internet users will result in rising awareness of the product to consumers.
According to the kitchen sinks market analysis, the market is categorized based on the material, installation, bowl, end user, and region. Depending on the material, it is segmented into metal and non-metal. The metal segment is further divided into stainless steel, copper, and others. The non-metal segment is further categorized into granite, fireclay, quartz, and others. Based on the installation, the market is bifurcated into drop-in/top mount, undermount, farmhouse/apron-front, and others. Based on the bowl, the market is segmented into single, double, and multiple. Depending on the end user, the market is categorized into residential and commercial. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Material
Metal segment dominated the market in 2021, owing to huge adoption of stainless steel in the manufacturing of kitchen sinks and its higher demand among the consumers
As per the kitchen sinks market forecast, based on the material, the metal segment dominated the market, accounting for 81.6% of the kitchen sinks market share in 2021. This dominance is attributed to the huge adoption of stainless steel in the production of kitchen sinks. Stainless steel is easily available and various features such as higher strength, longer durability, affordable prices, and its versatility are the major factors that makes it an idle option for kitchen sinks.
Sinks are available in various kinds of metals, such as cast iron, copper, and stainless steel. The most common kitchen sinks are made of stainless steel, which has several advantageous qualities like corrosion resistance, fire and heat resistance, hygienic qualities, high strength to weight ratio, ease of manufacture, impact resistance, antibacterial properties, and long-term value. Additionally, there are several techniques to install metallic sinks, including under mount and top mount. The segment is expected to grow owing to its increasing demand in residential consumers, HoReCa, and offices.
As per the kitchen sinks market trends, based on the installation, the farmhouse/apron-front is expected to be the fastest-growing segment during the forecast period. Farmhouse/apron-front sinks are large in size which perfectly allows to wash big baking pans and casseroles easily. This is a major factor behind its increasing adoption in households and especially in restaurants, cafes, and cloud kitchens. With the rising penetration of commercial food service units across developed and developing nations, the demand for apron-front sinks is expected to rise rapidly. Hence, this segment is anticipated to witness the highest CAGR during the forecast period.
Depending on the bowl, the single segment dominated the market in 2021. A single bowl sink is one, generally large, basin with no divider. Single sinks are ideal for small kitchens because they come in a variety of sizes. They hold the major share of the market. It is offered by brands like Carysil, Futura, Kaff, Neelkanth, and others.
The single bowl sink market will grow since it takes less space as compared to other sinks. Rapid urbanization will boost the demand for the single bowl sink market since urbanization is leading to shrinkage in house spaces and builders and owners are trying to get all the facilities in as limited space as they can. According to the United Nations more than half of the global population lives in urban areas, while the urban share worldwide is rising from around one-third in 1950 to around two-thirds in 2050. Along with this rising number of nuclear families will also propel the growth of the segment as a nuclear family needs lesser space for cleaning and washing.
On the basis of end user, the commercial segment dominated the market in 2021 and is expected to dominate the market during the forecast period owing to the large usage of kitchen sinks in hotels, restaurants, cafes, schools, hostels, and cloud kitchens. The rise in the hospitality industry is expected to boost the market for the segment as with rising of the hospitality industry the numbers of hotels, cloud kitchens will rise. According to the Indian Tourism Statistics by the Ministry of Tourism India, there is a rise of around 5% in the number of approved hotels in 2021 in comparison to 2020. Owing to the rise in the number of hotels, restaurants, and cafes is expected to propel the growth of the market.
Region-wise, Asia-Pacific holds the major share of the global kitchen sinks market, accounting for 34.77% of the revenue share in 2021 and the region is expected to dominate the market during the forecast period owing to rapid urbanization and a huge population. The kitchen sinks market is expected to increase during the forecast period owing to a rise in the number of houses coupled with a rise in disposable income. According to the Indian Brand Equity Foundation In the first half of 2021, India registered investments worth US$ 2.4 billion into real estate assets, a growth of 52% YoY. The rise in the real estate industry is expected to boost the market for the region. Along with this rise in commercial properties like restaurants, hotels, and hospitals in the region is also expected to drive the kitchen sinks market growth.
Europe was the second major kitchen sinks market with a share of 27.76% in 2021, and is expected to grow owing to an inclination of consumers for innovative and appealing kitchens. The growing consumer inclination for innovative and modern kitchens in their homes and the higher spending capacity of these consumers are driving the market growth in the region. According to Eurostat, the total number of households in the EU rose by 9.5 % between 2009 and 2021. Owing to such a rise in the number of households the demand for kitchen sinks market is expected to increase for the region.
The major players operating in the global kitchen sinks industry include Dornbracht, Duravit AG, Kohler Co., Ruvati, BLANCO America, Inc., Crown Products Limited, Elkay Manufacturing Company, Franke Management AG, Huida Sanitary Ware Co. Ltd., Julien Inc., Delta Faucet Company, Roca Sanitario, S.A., House of Rohl, ACRYSIL Ltd., and Oliveri Solutions. These market players are constantly engaged in the various developmental strategies such as acquisitions, mergers, and product launches to exploit kitchen sinks market opportunities and gain kitchen sinks market share.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the kitchen sinks market size, market segments, current trends, estimations, and dynamics of the kitchen sinks market analysis from 2021 to 2031 to identify the prevailing kitchen sinks market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the kitchen sinks market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global kitchen sinks market trends, key players, market segments, application areas, and market growth strategies.
Kitchen Sinks Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 4.9 billion |
 Growth Rate | CAGR of 4.3% |
 Forecast period | 2021 - 2031 |
 Report Pages | 300 |
 By Installation |
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 By Bowl |
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 By End User |
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 By Material |
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 By Region |
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 Key Market Players | Elkay Manufacturing Company, JULIEN INC, Huida Sanitary Ware Co.,Ltd, Duravit AG, Delta Faucet Company, Oliveri Solutions, BLANCO America, Inc., Crown Products Limited, House of Rohl, ACRYSIL Ltd, Franke Management AG, Roca Sanitario, S.A, dornbracht, Ruvati, Kohler Co. |
Analyst Review
Based on the insights of the top CXOs, the major economies such as North America, Asia-Pacific, and Europe are at the forefront in the growth of the kitchen sinks market. The high consumer expenditure, growing demand for home improvement and premium products, and rising desire to make their home more appealing has significantly fostered the demand for the modern kitchen sinks. Furthermore, the rising adoption of quartz in the production of kitchen sinks is expected to gain a rapid traction in the forthcoming years. The durability, nonporous, smoothness, and heat resistant, dent, scratch, and stain resistant properties of the quartz is making quartz an idle material for making kitchen sinks. There are only around four manufacturers that produces kitchen sinks using quartz. Round 90% of the manufacturers uses stainless steel for producing kitchen sinks. However, the rising popularity of quartz is expected to boost the demand for the quartz kitchen sinks in the upcoming future, and drive the growth of the global kitchen sinks market.
Furthermore, the various technological advancements in the field of water purification and faucets that can be operated using solar energy is expected to offer a significant growth opportunity for the kitchen sinks market players. GoSun, an U.S. based manufacturer of solar products, has manufactured a solar energy-based handwashing station that can be used for washing pans and dishes in kitchens. Therefore, the proliferation of advanced technologies and its introduction in kitchen fixtures may drive the market growth in the forthcoming years.
The global kitchen sinks market size was valued at $3,275.6 million in 2021, and is estimated to reach $4,908.2 million by 2031, registering a CAGR of 4.3% from 2022 to 2031. The surge in demand for premium kitchen fixtures, rise in adoption of modular kitchens, and increase in consumer expenditure on home improvement and home décor products are expected to drive the kitchen sinks market growth during the forecast period.
The kitchen sinks market report is available on request on the website of Allied Market Research.
The forecast period considered in the global kitchen sinks market report is from 2022 to 2031. The report analyzes the market sizes from 2022 to 2031 along with the upcoming market trends and opportunities. The report also covers the key strategies adopted by the key players operating in the market.
The major players operating in the global kitchen sinks industry includes Dornbracht, Duravit AG, Kohler Co., Ruvati, BLANCO America, Inc., Crown Products Limited, Elkay Manufacturing Company, Franke Management AG, Huida Sanitary Ware Co. Ltd., Julien Inc., Delta Faucet Company, Roca Sanitario, S.A., House of Rohl, ACRYSIL Ltd., and Oliveri Solutions.
According to the kitchen sinks market analysis, the market is categorized based on the material, installation, bowl, end user, and region. Depending on the material, it is segmented into metal and non-metal. The metal segment is further divided into stainless steel, copper, and others. The non-metal segment is further categorized into granite, fireclay, quartz, and others. Based on the installation, the market is bifurcated into drop-in/top mount, undermount, farmhouse/apron-front, and others. Based on the bowl, the market is segmented into single, double, and multiple. Depending on the end user, the market is categorized into residential and commercial. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific holds the major share of the global kitchen sinks market, accounting for 34.77% of the revenue share in 2021 and the region is expected to dominate the market during the forecast period owing to rapid urbanization and a huge population. The kitchen sinks market is expected to increase during the forecast period owing to a rise in the number of houses coupled with a rise in disposable income.
The closure of public places like schools, hotels, restaurants, and colleges led to a decline in the demand for the kitchen sinks. Moreover, the real estate projects across the globe were halted due to the lockdown restrictions that negatively impacted the demand for the kitchen sinks.
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