Shower Heads Market Size, Share, Growth Analysis, By Type(Fixed, Handheld), By Application(Residential and Commercial) - Industry Forecast 2024-2031

Report ID: SQMIG20B2014 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 61 | Figures: 75

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Shower Heads Market size was valued at USD 6.98 billion in 2021 and is poised to grow from USD 7.47 billion in 2022 to USD 14.45 billion by 2030, growing at a CAGR of 8.6% in the forecast period (2023-2030).

In order to improve their market positions and provide consumers with genuine and engaging experiences, many industry players are launching significant efforts. 'Kohler', 'Moen', 'Delta', 'Hansgrohe', 'American Standard', 'Grohe', 'Speakman', 'Waterpik', 'AKDY', 'Pfister', 'Oxygenics', 'Methven', 'Symmons Industries', 'Jaquar', 'Vigo Industries', 'Barclay Products', 'DreamSpa', 'HotelSpa', 'AquaDance', 'High Sierra Showerheads'

The expansion of residential and commercial operations at an increasing rate and their completion in both developed and emerging nations are two of the most significant elements encouraging market growth. Demand for new homes has increased significantly as people's affordability and purchasing power increase. Furthermore, in developed regions of the world, remodeling and rehabilitation projects are becoming more and more common. Demand for interior design is rising as a result of modern consumers' need for multifunctional, contemporary bathroom amenities.

Aesthetics and Design:  Shower heads are not just functional but also serve as a design element in bathrooms. Consumers prefer shower heads that complements their bathroom décor.

In 2022, Asia Pacific has become the major market with a share of approximately 39.70%. The real estate and residential project markets in India are enormous. Additionally, it is projected that the government rural housing policy, foreign investments in the industrial sector, the growth of urban population, and affordable home loans will result in increased product demand in India, China, and Southeast Asia.In 2022, Europe held a sizable portion of the market. The main driver fueling the expansion of the regional industry is consumers' rising spending on house renovations and repairs in the UK, Germany, and Italy. With more people building homes and businesses in the region, particularly in Germany, France, and Italy, the need for intelligent, multifunctional shower heads has grown.

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Global Shower Heads Market

Product ID: SQMIG20B2014