NEW YORK , Aug. 9, 2021 /PRNewswire/ -- Technavio has been monitoring the ceramic sanitary ware market and it is poised to grow by $ 17.76 bn during 2021-2025, progressing at a CAGR of almost 8.71% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, challenges, and the overall market environment. CERA Sanitaryware Ltd. (India ), Duravit AG (Germany ), Geberit AG (Switzerland ), HSIL Ltd. (India ), Kohler Co. (US), LIXIL Corp. (Japan ), R.A.K Ceramics PJSC (UAE), Roca Sanitario SA (Spain ), Toto Ltd. (Japan ), and Villeroy and Boch AG (Germany ) are some of the major market participants.
Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the ceramic sanitary ware market.
Based on segmentation by-product, which is the leading segment in the market? Based on segmentation by-products, the ceramic washbasin is the leading segment in the market.
What are the key factors driving the growth of the ceramic sanitary market? The key factor driving the ceramic sanitary ware market growth is increasing expenditure on bathroom remodeling.
Who are the top players in the market? CERA Sanitaryware Ltd., Duravit AG, Geberit AG, HSIL Ltd., Kohler Co., LIXIL Group Corp., R.A.K Ceramics PJSC, Roca Sanitario SA, Toto Ltd., Villeroy & Boch AG are a few of the key vendors in the ceramic sanitary ware market.
How big is the APAC market? APAC will contribute to 71% of the overall ceramic sanitary ware market growth during the forecast period. China , India , and Japan are the key markets for ceramic sanitary ware in APAC.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. In a bid to help players strengthen their market foothold, this ceramic sanitary ware market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Ceramic Sanitary Ware Market 2021-2025: Segmentation
Ceramic Sanitary Ware Market is segmented as below:
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Ceramic Sanitary Ware Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The ceramic sanitary ware market report covers the following areas:
Ceramic Sanitary Ware Market Size
Ceramic Sanitary Ware Market Trends
Ceramic Sanitary Ware Market Industry Analysis
This study identifies increased expenditure on toilets and the expansion of manufacturing facilities of leading ceramic sanitary ware manufacturers as some of the prime reasons driving the ceramic sanitary ware market growth during the next few years.
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Ceramic Sanitary Ware Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist ceramic sanitary ware market growth during the next five years
Estimation of the ceramic sanitary ware market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the ceramic sanitary ware market across APAC, Europe , North America , MEA, and South America
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of ceramic sanitary ware market vendors
Market outlook: Forecast for 2020 - 2025
Ceramic washbasins - Market size and forecast 2020-2025
Ceramic wash closets - Market size and forecast 2020-2025
Ceramic cisterns - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
R.A.K Ceramics PJSC
Currency conversion rates for US$
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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