Global Shower Heads Market Size to Exceed USD 18.08 Billion by 2033 | CAGR of 8.66%
Category: Consumer GoodsGlobal Shower Heads Market Size to Exceed USD 18.08 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Shower Heads Market Size is Expected to Grow from USD 7.88 Billion in 2023 to USD 18.08 Billion by 2033, at a CAGR of 8.66% during the forecast period 2023-2033.
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Browse key industry insights spread across 230 pages with 100 Market data tables and figures & charts from the report on the “Global Shower Heads Market Size, Share, and COVID-19 Impact Analysis, By Product (Fixed, Handheld, and Dual-Purpose), By Application (Residential and Commercial), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/shower-heads-market
Shower heads are used by bathroom fixtures for water distribution and utilization, bathing is a normal home activity daily and in cities, bathing water accounts for 1/3rd of the water utilized in the home. The market offers a wide range of shower heads due to ongoing product evolution and innovation. Various credible manufacturers exist in the highly competitive international market for showerheads. The growth of residential and commercial activities at a rising pace and their completion in developed and developing countries are two of the most important factors instigating market growth. Moreover, new home demand has grown enormously as individuals' affordability and purchasing capacity rise. Additionally, in developed parts of the globe, remodeling and rehabilitation activities are increasingly becoming prevalent. Demand for interior design is increasing due to the necessity of multifunctional, modern bathroom facilities from today's consumers. Furthermore, spending on home remodeling or home improvement is enhancing product demand. The trend is largely driven by escalating house prices and mortgage rates at historic lows. Increased home prices have doubled the equity of homeowners within five years up to 2019, reflecting an increase in spending power on home renovation. Despite this, companies face stiff market competition, which includes both small and large companies. With their advantage in innovation, price, and technology used to produce shower heads, many companies with international market presence may be hard competitors to beat.
The fixed segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the shower heads market is segmented into fixed, handheld, and dual-purpose. Among these, the fixed segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed due their mimic standing beneath a downpour, this extra-large can be positioned on a wall or a ceiling. Anyone looking for a pleasant, spa-like shower experience would love these.
The residential segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the shower heads market is divided into residential and commercial. Among these, the residential segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by the shower heads the enormous drop in property sales caused by the pandemic, and real estate activity started to pick up and reach pre-pandemic levels.
The offline segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the shower heads market is divided into online and offline. Among these, the offline segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to shower accessories being bought in person by customers so they may verify the proper fit and discover more about the item's usefulness. The diversity satisfies the demands of various consumer segments, such as fixed, handheld, dual-purpose, and many more, and this results in higher consumer expenditure.
Asia-Pacific is anticipated to hold the largest share of the global shower heads market during the forecast period.
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Asia-Pacific is anticipated to hold the largest share of the global Shower Heads market during the forecast period. In the Asia-Pacific real estate and residential project markets in India are enormous. Moreover, it is projected that the government's rural housing policy, foreign investments in the industrial sector, the growth of the urban population, and affordable home loans will result in increased product demand in India, China, and Southeast Asia.
North America is anticipated to grow at the fastest pace in the global Shower Heads market during the forecast period. This growth is driven by urbanization, demand for luxurious bathroom experiences, technological advancements in water-saving devices, and the trend toward sustainable and eco-friendly products.
Major vendors in the global Shower Heads market are Asian Granito India Limited, Brondell, Canopy, Kohler Co, Masco Corporation, FIMA CARLO FRATTINI, Jaquar Group, American Standard Brands, Moen Incorporated, Delta Faucet Company, Villeroy & Boch AG, TOTO Ltd, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In January 2024, KW launched a new generation of electric care showers and the P12 shower waste pump. These products feature improved designs and water-saving capabilities, enhancing accessibility and efficiency for a diverse range of users, particularly those with mobility challenges.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the shower heads market based on the below-mentioned segments:
Global Shower Heads Market, By Product Type
- Fixed
- Handheld
- Dual-Purpose
Global Shower Heads Market, By Application
- Residential
- Commercial
Global Shower Heads Market, By Distribution Channel
- Online
- Offline
Global Shower Heads Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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