Report Code : A02955
The market has witnessed significant growth in the past decade, owing to increase in investment from various governments toward renovations of existing construction. Furthermore, new residential and nonresidential projects are likely to provide significant growth opportunity in the market. In addition, various key players in the market are launching rimless toilets products, which drives the growth of the global rimless toilets market.
Onkar Sumant - Manager
Construction and Manufacturing at Allied Market Research
According to a new report published by Allied Market Research, titled, “Global Rimless Toilets Market," The global rimless toilets market size was valued at $1.44 billion in 2021, and is estimated to reach $2.08 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031.
Cleaning the outside of a conventional toilet with a rim is rather straightforward, but cleaning the inside becomes more difficult due to the rim at the top of the bowl, which collects millions of germs, limescale, and filth. Hence, cleaning has been made easier by removing the rim. Compared to conventional toilets, a rimless toilet has the benefit of keeping itself cleaner since it allows for a direct flushing approach that efficiently cleans the entire pan and flushes down the limescale or germs instead of sticking beneath the rim. In addition, ongoing development has resulted in a new water distribution system that allows for a stronger flush and uniform water distribution across the inner bowl. Another benefit of rimless toilets is their low cost. Rimless toilets are sold at the same price as that of a typical mid-range toilet, unlike other new items that hit the market at a premium price. All of these benefits are important factors driving the growth of the global rimless toilet market.
Various governments are taking initiatives to enhance the living standard of their citizens. For instance, in November 2020, the Central Government of China has set a goal of having 70% of new safe building construction by end of 2022 according to its own standards. Hence, these investments are expected to drive the rimless toilets market growth.
North America accounting for the majority of share in the global market has dominated the rimless toilets market in terms of revenue in 2021 owing to the expansion of residential and commercial sectors. However, Asia-Pacific is expected to register the highest rimless toilets market share during the forecast period. This is due to increase in R&D investments in developing countries and rise in government investments in new construction and renovation programs.
However, during the COVID-19 pandemic, various manufacturers in the rimless toilets industry had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of rimless toilets companies. In addition, lack of manpower and raw materials constricted supply of equipment of rimless toilets, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to the resumption of operations of rimless toilets companies.
Key Findings Of The Study
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Global Rimless Toilets Market by Product (Flush toilet, Siphon toilet, Others), by Sales channel (Offline, Online), by Application (Residential, Non-residential): Global Opportunity Analysis and Industry Forecast, 2021-2031
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