Bathroom Accessories Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to bathroom accessories market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Bathroom Accessories Market News

  • In October 2024, Home Bargains, a renowned British variety store chain announced the launch of its new bathroom accessories providing a luxury feel at an affordable price. Bath Bubble Resin items, including a tumbler, soap dispenser, and tray are being offered at £2 while rivaling the quality of £41-bathroom accessory sets.
  • In January 2024, Diptyque, a leading French fragrance and lifestyle brand announced the launch of a new range of stylish bathroom accessories. The new range features 5 practical yet highly stylish bathroom accessories built with luxury materials such as biscuit porcelain and marine terrazzo for premium feel and longevity.
  • In January 2022, Pearl Precision, a leading supplier of bathroom fittings and accessories from India announced the launch of a new range of bathroom accessories. The new state-of-the-art range features CP Faucets family collection range, Health Faucets, Toilet Seat Covers, P.T.M.T Taps, and other products.

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Global Bathroom Accessories Market size was valued at USD 22.88 billion in 2023 and is poised to grow from USD 25.24 Billion in 2024 to USD 55.29 Billion by 2032, at a CAGR of 10.3% over the forecast period (2025–2032).

Bathroom accessory manufacturers should focus on launching new products to stay competitive and boost sales. Offering products with premium finishes at an affordable price can also help bathroom accessory companies stand out from the competition. Targeting countries with growing infrastructure development activities is slated to be highly rewarding for suppliers of bathroom accessories in the long run. 'LIXIL Group Corporation', 'TOTO Ltd.', 'Villeroy & Boch AG', 'Franke Group', 'Kohler Co.', 'Hindware Home Innovation Limited', 'Roca Sanitario, S.A.', 'Moen Incorporated', 'CERA', 'Silverdale Bathrooms', 'Hansgrohe Group', 'Gerber Plumbing Fixtures LLC', 'Monarch Bath Pvt. Ltd.', 'Bolina Holding Co. Ltd.', 'ASI American Specialties Inc.'

Increase in urbanization and rise of disposable income has led to major changes in consumer preferences around the world. Demand for premium and stylish bathroom accessories that are aesthetically appealing and functional as well is rising rapidly among consumers on a global level thereby favoring the global bathroom accessories market outlook as well.

Use Sustainable Materials: The rising emphasis on sustainability and growing eco-consciousness among consumers on a global level is expected to promote the demand for bathroom accessories made from sustainable materials. Providing bathroom accessories made from bamboo, recycled plastics, and stainless steel along with functionality to reduce water wastage and energy consumption can offer new opportunities for market players through 2032.

The Asia Pacific region is slated to account for a major chunk of the global bathroom accessories market share owing to high investments in infrastructure development and rapid urbanization. Rise in disposable income of people, growing interest in home improvement, and launch of affordable housing projects are also slated to cement the dominance of this region in the future. India, China, Japan, and South Korea are some key markets for bathroom accessories market players in this region. However, economic uncertainty in some countries of this region could result in reduced luxury spending and impede sales of bathroom accessories through 2032 and beyond.

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Global Bathroom Accessories Market
Bathroom Accessories Market

Report ID: SQMIG20B2074

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