The major factors that are augmenting the growth of the bathroom accessories market include the increase in the number of residential and commercial buildings, increase in leisure travel and tourism spending leading to spending on quality lifestyle, and the trend of adopting more bathrooms in the single house. Moreover, the gaining popularity of heated towels in various colors and forms is also expected to create a significant share in the market growth. In addition to this, growing awareness regarding sanitary hygiene across the globe especially in developing economies has led to an increase in the market share of bathroom accessories.
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Key players of the bathroom accessories market include Toto Ltd., Hansgrohe Group, Lixil Group Corp., Bobrick Washroom Equipment, Inc., and Kohler Co. To survive in the market these players adopt different marketing strategies such as a merger, acquisitions, product launch, and geographical expansion so on. For instance, in January 2021, Roca Group announced the acquisition of Royo Group by holding 75% of the company’s stake.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Bathroom Accessories Market Report Segment
By Product
- Towel Rack/Ring
- Hook
- Paper Holder
- Grab Bars
- Others
By End-User
- Residential
- Commerical
- Others
Global Bathroom Accessories Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global bathroom accessories market based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying who-stands-where in the market.
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