Global Faucet Market Growth 2023-2029

Global Faucet Market Growth 2023-2029

Product Code:450266

Published Date: Feb 08,2023

Pages: 91

Region: Global

Category: Consumer Goods

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Faucet is a regulator for controlling the flow of a liquid from a reservoir. They are mainly made from brass, a mix of copper, zinc and a minute amount of lead.

LPI (LP Information)' newest research report, the “Faucet Industry Forecast” looks at past sales and reviews total world Faucet sales in 2022, providing a comprehensive analysis by region and market sector of projected Faucet sales for 2023 through 2029. With Faucet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Faucet industry.

This Insight Report provides a comprehensive analysis of the global Faucet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Faucet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Faucet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Faucet and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Faucet.

The global Faucet market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In India, Faucet key players include Microchip, Epson, Kyocera Corporation, SiTime(Mega), Nihon Dempa Kogyo, etc. Global top five manufacturers hold a share over 30%.

In terms of product, Stainless Steel Faucets is the largest segment, with a share over 85%. And in terms of application, the largest application is Residential, followed by Commercial.

This report presents a comprehensive overview, market shares, and growth opportunities of Faucet market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Stainless Steel Faucets
    Brass Faucets
    Plastic Faucets

Segmentation by application
    Household
    Commercial

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Jaquar
    Hindware
    CERA Sanitaryware
    Roca
    Kohler
    Grohe
    Hansgrohe
    AGMECO Faucets
    Kerovit

Key Questions Addressed in this Report
What is the 10-year outlook for the global Faucet market?
What factors are driving Faucet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Faucet market opportunities vary by end market size?
How does Faucet break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?