Ceramic Sanitary Ware Market How Top Players are Changing the Opportunities in Near Future
Ceramic Sanitary Ware Market Expected to Reach $76,956.6 Million by 2030
WILMINGTON, DELAWARE, November 30, 2023 /EINPresswire.com/ — Ceramic sanitary wares include a variety of equipment and fixtures that are used for sanitary and internal plumbing applications. Water closets, bath tubs, basins, and sinks are gaining high traction in the ceramic sanitary ware industry. These goods are manufactured from a variety of raw materials, the majority of which are tri-axial compounds, including quartz, feldspar, and clay. Ceramic sanitary ware products are cost-effective, easy to maintain, and scratch & chemical resistant. Thus, multiple benefits associated with ceramic sanitary wares flourish the growth of the global market.
The global ceramic sanitary ware market was valued at $36,544.8 million in 2020, and is projected to reach $76,956.6 million by 2030, registering a CAGR of 7.5% from 2021 to 2030. Ceramic sanitary wares include a variety of equipment and fixtures that are used for sanitary and internal plumbing applications.
Ceramic sanitary ware refers to a range of ceramic products used in bathrooms and toilets for sanitation and personal hygiene purposes. These products are designed to be durable, water-resistant, and easy to clean, making them ideal for use in bathroom environments. Ceramic sanitary ware products include various fixtures and fittings that are essential for the functioning of a bathroom.
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Sanitary ware is one of the most fundamental necessities in residential, commercial, and public spaces. End users choose ceramic sanitary ware due to its longevity, high resilience, low maintenance requirements, and increased resistance to unfavorable environmental conditions. As a result, the demand for sanitary ware items has increased in a variety of sectors, including households, hotels, businesses, hospitals, and other public spaces. For example, in South Africa, various upcoming major projects such as Limpopo Paledi Mall, Umhlanga Ridge Town Centre, Johannesburg Central Park, and many other projects that are expected to complete before 2025. Such construction activities are expected to create remunerative opportunities for the expansion of the ceramic sanitary ware market.
To strengthen the market position and to enhance product portfolio, competitors in the ceramic sanitary ware use strategic moves such as collaboration, mergers, acquisitions, and product launch. For instance, in March 2021, Villeroy & Boch launched new range of Artis Washbasins with new Splashes of color designed by German_Danish designer Gesa Hansen. The new product comes in oval, round, and rectangular shapes and the splash colors come in Indian summer, sage green, rust, and Bordeaux. Hence, these innovations in sanitary ware are expected to have a positive impact on the market growth.
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To strengthen the market position and to enhance product portfolio, competitors in the ceramic sanitary ware use strategic moves such as collaboration, mergers, acquisitions, and product launch. For instance, in March 2021, Villeroy & Boch launched new range of Artis Washbasins with new Splashes of color designed by German_Danish designer Gesa Hansen. The new product comes in oval, round, and rectangular shapes and the splash colors come in Indian summer, sage green, rust, and Bordeaux. Hence, these innovations in sanitary ware are expected to have a positive impact on the market growth.
Segmentation Based On:
By Product –
WASH BASINS
OTHERS
Toilet sinks and Water closet
Urinals
By End User –
COMMERCIAL
RESIDENTIAL
Top Players:
Key companies profiled in the ceramic sanitary ware market report include Geberit Group, Kohler Co., TOTO Ltd., LIXIL Corporation, Roca Sanitario S.A., Villeroy & Boch AG, R.A.K. Ceramics, Duravit AG, Duratex S.A., and HASIL Ltd.
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