#Ceramic #Sanitary #Ware #Market #Hit #USD #Billion
Pune, Oct. 17, 2022 (GLOBE NEWSWIRE) — The global ceramic sanitary ware market size is anticipated to hit USD 74.52 billion by 2028 and exhibit a CAGR of 7.4% during the forecast period. The increasing construction activities due to rising urbanization, industrialization, and the growing trend of smart homes is projected to boost the market growth. Fortune Business Insights has presented this information in its report titled, “Ceramic Sanitary Ware Market, 2021-2028”. The market size stood at USD 44.17 billion in 2020 and USD 45.24 billion in 2021.
Additionally, the growing trend of adopting ceramic water closets across urban and rural areas is anticipated to uptick market growth in the forthcoming years.
List of Key Market Players:
- Geberit Group (Switzerland)
- Kohler Co. (U.S.)
- TOTO Ltd. (Japan)
- LIXIL Group Corporation (Japan)
- Roca Sanitario SA (Spain)
- Villeroy & Boch AG (Germany)
- RAK Ceramics (UAE)
- Duravit AG (Germany)
- Duratex SA (Brazil)
- HSIL (India)
- Orient Ceramics (India)
- Golf Ceramics Ltd. (India)
Get a Sample Copy of the Research Report:
Ceramic Sanitary Ware Market Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2021-2028 |
| Forecast CAGR | 7.4% |
| 2028 Value Projection | USD 74.52 Billion |
| Base Year | 2020 |
| Ceramic Sanitary Ware Market Size in 2020 | USD 44.17 Billion |
| Historical Data | 2017-2019 |
| No. of Pages | 190 |
| Segments Covered | By Product Type, By Age- Group, By Distribution Channel, By Region |
| Ceramic Sanitary Ware Market Growth Drivers | Increasing Demand from High-income Groups to Favor Growth |
| Rising Number of Wealthy Population to Boost Market Expansion |
Segmentation-
On the basis of product type, the market is segmented into urinals, wash basin, water closets, and others. On the basis of end-use, the market is trifurcated into renovation, commercial, and residential. Geographically, the…
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