Report Code: A16070 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Toilet Water Tank Market
Request Now !There are two elements to any modern toilet: the water tank and the bowl. The water tank, which stores roughly two liters of reserve water, is the upper section. Between flushes, a toilet water tank takes around 30 to 60 seconds to fill. Over the last decade, there has been a significant increase in global awareness of sanitation and hygiene, particularly in poor and emerging countries. As governments prioritize industrialization and modernization, the rate of infrastructure development in these regions has remained high, resulting in significant growth in demand for toilet water tanks in recent years. In the next years, technological advancements and the introduction of numerous innovative concepts are expected to pave the way for "smart toilets," which will have a direct influence on the growth trajectory of the worldwide toilet water tank market. Another reason that is anticipated to fuel market expansion in the approaching years is that numerous urban planners and architectural companies are increasingly focused on inventing sustainable solutions to manage the toilet issue in several emerging and underdeveloped nations.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Growing Demand for Portable Sanitation to Drive Global Market for Toilet Seats
Portable toilets have grown in popularity in recent years as a result of continuous improvements and an emphasis on improving sanitation conditions at construction sites, public spaces, public events, and other locations– a trend that is anticipated to continue over the evaluation period. The high demand for portable toilets can be ascribed to practical factors such as convenience, low cost, and lack of infrastructure. The commercialization trend across different parts of the world is projected to provide abundant opportunities to the players operating in the toilet water tank market. The trend of commercialization in many areas of the world is expected to create a plethora of chances for participants in the toilet water tank industry. During the forecast period, commercial construction investment in countries such as India, China, and Indonesia is expected to increase significantly, resulting in a significant increase in demand for toilet water tanks.
Improvement of lifestyle and urbanization leads to a surge in demand
The increase in the sale of homes, adapting the urban culture and recognition of the need for premium sanitary ware to satisfy the esteem needs had forced the sanitary ware manufacturing companies to invest in R&Ds. Companies are bringing innovations into the limelight that is expected to match the existing wants and requirements of the customers. Hotel industries are adapting to transform the ambience for the guests with a royal touch, as they are mainly focusing on the installation of toilet seats, water tanks and bowls made of natural stones such as marble, granite, others.
The government of India launched Swachh Bharat Mission
"Swachh Bharat Mission" or "Clean India Mission" was initiated by the government of India in 2014. It aimed to eliminate public open defecation and solid waste management in both urban and rural areas. The government of India started construction of individual household toilets and public toilets, thus increasing the drive of installation of toilet water tanks which was a requirement.
Key Benefits of the Report
Questions Answered in the Toilet Water tank Market Research Report
Toilet Water Tank Market Report Highlights
Aspects | Details |
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By Material |
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By Mount Type |
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By Operation |
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By Application |
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By Distribution Channel |
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Key Market Players | Kohler Co.,, Toto Ltd., Jaquar Group.,, LIXIL Corporation.,, Kaies Sanitary Ware Co. Limited.,, Roca Sanitario, SA.,, Hansgrohe, SE.,, Duravit AG.,, Hindware Sanitaryware & Industries Limited.,, Villeroy & Boch AG., |
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