The global bath remodeling market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period (2021-2027). The growing demand for advanced and smart bathroom fixtures and products which are combining luxury and technology together are anticipated to drive the global bath remodeling market. The popularity of these advanced technological solutions in bath products is due to their assistance in reducing water consumption, along with improving comfort, health and aesthetics of the washrooms or restrooms. Theses technology innovations including water sensors that prevent water leaks, touch technology, automatic toilet with controls of the water temperature, technology to track leaks and water usage are growing demand for bath remodeling and influencing home improvement companies to heavily invest in a wide range of R&D activities and to come up with new technologically advanced solutions. For instance, in January 2022, Kohler announced the launch of two new water monitoring systems named as KOHLER H2Wise and H2Wise+ powered by Phyn. Both the monitoring systems address a variety of concerns. Through H2Wise users can run a diagnostic test to detect potential problems, and track water usage with the help of Kohler Konnect mobile app. H2Wise+ analyzes the entire home’s plumbing 24/7 to detect hidden issues every time water is turned on in the house.
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Further, in December 2021, Hansgrohe Group developed innovative technologies, smart features and designs-based bathroom fixtures catering to integrate on renowned cruise ships, luxurious and boutique hotels, international metropolitan cities, extraordinary spas, exclusive bathrooms of lodges & luxury villas, public facilities, and countless private homes. The products include EcoSmart technology which is designed to deliver improved experience at an affordable price. EcoSmart has multiple features including reduced water consumption. Another product, CoolStart comes in faucets that saves energy by providing hot water when needed.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
· By Material
· By Product
· By End-Use
• Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape– including Case Design/Remodeling, Inc., Harvey Building Products, Lutron Electronics Co., Inc., Masco Corp., Neil Kelly, Inc., and others
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Global Bath Remodeling Market Report Segment
By Material
• Stone
• Ceramic
• Metal
• Marble
• Cement board
• Others (Caulk and Granite)
By Product
• Bathtub
• Faucet
• Shower System
• Lavatory Sinks
• Knobs or handles
• Vanity bases
• Others (Countertop, Cabinets, and Light fixtures)
By End-Use
• Residential
• Commercial
Global Bath Remodeling Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
Company Profiles
· AEC Daily Corp.
· ABC Supply Co., Inc.
· Andersen Corp.
· Builders FirstSource, Inc.
· Dreamstyle Remodeling, Inc.
· DuPont de Nemours, Inc.
· Ferguson Enterprises, LLC
· Floor Factors
· GROHE AG
· Home Depot Product Authority, LLC
· Jaquar
· JELD-WEN, Inc.
· Kohler Co.
· LIXIL Corporation
· MAAX Bath Inc.
· Pella Corporation
· Statewide Remodeling
· The Dow Chemical Company
· TOTO LTD.
· Tres Grifería
· USA Cabinet Store
· WIRQUIN Ltd.
· Your Home Improvement Co.
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(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
