Global Smart Bathroom Market Size, Trends, and Growth Opportunity, By Product Type (Toilets, Faucets, Showers, and Others), By Sales Channel (In-store and Online), By Application (Residential and Commercial), By Region and Forecast to 2030.
Report ID : IR1002241 | Industries : Chemicals & Materials | Published On :June 2024 | Page Count : 243
Global Smart Bathroom Market Size, Trends, and Growth Opportunity, By Product Type (Toilets, Faucets, Showers, and Others), By Sales Channel (In-store and Online), By Application (Residential and Commercial), By Region and Forecast to 2030.
Global Smart Bathroom Market
The Global Smart Bathroom Market was valued at USD billion in 2022 and is expected to expand by USD billion by 2030, at a CAGR of % during the forecast period 2023-2030.
Smart bathroom refers to an automated plumbing and sanitary system which is to be controlled through smartphones and other smart devices. Smart bathroom technology consists of many eco-friendly solutions and advanced technological hardware such as sensor-enabled soap dispensers, touchless faucets, and automatic cistern systems & hand dryers.
Market Drivers
The increasing penetration of smart homes, specifically in developing & developed countries across the world, is driving the demand for the smart bathrooms market. In addition, growing house improvement projects and bathroom renovation services, particularly in Western countries, are paving the way for different smart bathrooms for the residential & commercial sectors.
Furthermore, the rise in spending on home improvement projects & home renovations is boosting the product demand owing to rising home and mortgage prices.
Market Restraints
The high cost of installation & maintenance services is estimated to restrain the growth of the smart bathroom market. Due to the high-cost consumers cannot afford smart bathrooms which harm the growth of the market. Also, some people have financial issues which lead to the decline in the smart bathroom market in the residential sector.
Market Segmentation
The global smart bathroom market is segmented into product type, sales channel, application, and region.
Based on product type, the global smart bathroom market is segmented into toilets, faucets, showers, and others
Based on sales channels, the global smart bathroom market is segmented into in-store and online.
Based on application, the global smart bathroom market is segmented into residential and commercial.
Regional Analysis
The global smart bathroom market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the market share in 2022. This is attributed to the rise in spending on remodeling and renovations in the commercial industry. A rising number of commercial buildings owing to the growth of the tourism industry is expected to boost the demand for the smart bathrooms market in the region.
Key Players
Various key players are discussed in the global smart bathroom market report including; American Standard Brands, Cera Sanitaryware Ltd., Moen Incorporated, Lixil Group, Jacuzzi, Jaquar, Kohler Co., Spectrum Brands, Roca Sanitario, Toto Ltd., and Others.
For instance, in April 2021, BHG Group AB, a business provider in home improved products such as home & furnishing products acquired Hafa Bathroom Group, which included Hafa, Noro brands, and Westerbergs for an undisclosed amount.
Market Taxonomy
By Product Type
• Toilets
• Faucets
• Showers
• Others
By Sales Channel
• In-store
• Online
By Application
• Residential
• Commercial
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Smart Bathroom Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Smart Bathroom Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact Of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Smart Bathroom Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Smart Bathroom Market Share Analysis, By Product Type
5.3 Global Smart Bathroom Market Size and Forecast, By Product Type
5.3.1 Toilets
5.3.2 Faucets
5.3.3 Showers
5.3.4 Others
6 Global Smart Bathroom Market, By Sales Channel
6.1 Y-o-Y Growth Comparison, By Sales Channel
6.2 Global Smart Bathroom Market Share Analysis, By Sales Channel
6.3 Global Smart Bathroom Market Size and Forecast, By Sales Channel
6.3.1 In-store
6.3.2 Online
7 Global Smart Bathroom Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Smart Bathroom Market Share Analysis, By Application
7.3 Global Smart Bathroom Market Size and Forecast, By Application
7.3.1 Residential
7.3.2 Commercial
8 Global Smart Bathroom Market, By Region
8.1 Global Smart Bathroom Market Share Analysis, By Region
8.2 Global Smart Bathroom Market Share Analysis, By Region
8.3 Global Smart Bathroom Market Size and Forecast, By Region
9 North America Smart Bathroom Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Smart Bathroom Market Share Analysis, By Product Type
9.3 North America Smart Bathroom Market Share Analysis, By Sales Channel
9.4 North America Smart Bathroom Market Size and Forecast, By Application
9.5 North America Smart Bathroom Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Smart Bathroom Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Smart Bathroom Market Share Analysis, By Product Type
10.3 Europe Smart Bathroom Market Share Analysis, By Sales Channel
10.4 Europe Smart Bathroom Market Size and Forecast, By Application
10.5 Europe Smart Bathroom Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Smart Bathroom Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Smart Bathroom Market Share Analysis, By Product Type
11.3 Asia Pacific Smart Bathroom Market Share Analysis, By Sales Channel
11.4 Asia Pacific Smart Bathroom Market Size and Forecast, By Application
11.5 Asia Pacific Smart Bathroom Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Smart Bathroom Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Smart Bathroom Market Share Analysis, By Product Type
12.3 Latin America Smart Bathroom Market Share Analysis, By Sales Channel
12.4 Latin America Smart Bathroom Market Size and Forecast, By Application
12.5 Latin America Smart Bathroom Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Smart Bathroom Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Smart Bathroom Market Share Analysis, By Product Type
13.3 Middle East Smart Bathroom Market Share Analysis, By Sales Channel
13.4 Middle East Smart Bathroom Market Size and Forecast, By Application
13.5 Middle East Smart Bathroom Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 American Standard Brands
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Cera Sanitaryware Ltd.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.25 Key Market Developments
15.2.6 Key Strategies
15.3 Moen Incorporated
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Lixil Group
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Jacuzzi
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Jaquar
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Kohler Co.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Spectrum Brands
15. 8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Roca Sanitario
15.9.1 Overview
15.9.2 Offerings
15.4.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Toto Ltd.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies