by Application (Bathroom, Kitchen, and Others), Product Type (Electronic, Manual), and Material (Metal, and Plastic (PTMT)), and End user (Residential, and Commercial): Global Opportunity Analysis and Industry Forecast, 2021–2027. According to the report, the global Faucet industry was estimated at $37.8 billion in 2019, and is anticipated to hit $59.2 billion by 2026, registering a CAGR of 7.8% from 2021 to 2027.
Drivers, restraints, and opportunities-
Increase in number of household units across the globe, demand for premium faucets due to surge in investment in luxury homes, and rise in urbanization drive the growth of the global Faucet market. On the other hand, availability of counterfeit brands, and ready availability of substandard faucets impedes the growth to some extent. However, development of smart faucets by manufacturers and increase in demand for smart/electronic faucets are expected to create lucrative opportunities in the industry.
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NEW YORK, March 5, 2021 /PRNewswire/ The bathroom accessories market is expected to grow by USD 4.83 billion during 2021-2025, expanding at a CAGR of almost 5%. The report also throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges market players can expect. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
Bathroom Accessories Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025
The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. - Get FREE Sample Report within MINUTES
Plumbing Fixtures Market 2021 : Manufacturers Analysis,Applications,Demand By Regions & Forecasts To 2025 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
CAMO® and Fiberon partner to offer better ways to build beautiful outdoor living spaces
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GRAND RAPIDS, Mich., Feb. 9, 2021 /PRNewswire/ CAMO, the brand dedicated to creating innovative deck fasteners and tools, and Fiberon, a leading manufacturer of low-maintenance decking, railing and cladding, are partnering to offer Fiberon EDGE®, EDGEX™ and STARTER Clips to Fiberon s entire dealer network. The partnership brings together two trusted brands that put just as much value in the builder s experience as they do the finished result. Together, CAMO and Fiberon offer the most comprehensive fastening system in the composite decking industry, providing versatile solutions for Fiberon grooved deck boards. EDGE, EDGEX and STARTER Clips are engineered to offer contractors a better installation experience increasing speed and efficiency.
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NORTH OLMSTED, Ohio, Feb. 9, 2021 /PRNewswire/ As people continue to spend more time than ever in the home, consumers are gravitating toward products that not only look beautiful, but also help them maintain a healthy and happy living space. To demonstrate how Moen is enhancing consumers everyday interactions with water, the company has built a virtual house for the KBIS 2021 Virtual Experience that demonstrates the real-world benefits of its new innovations and designs. The house will showcase an array of exciting new products that offer trend-forward styles and smart technology for consumers who want to create a spa-like experience and improve health and hygiene within their homes.