Asia Pacific Bathroom Accessories Market Size & Outlook
Asia Pacific bathroom accessories market, 2016-2028 (US$M)
Related Markets
Asia Pacific bathroom accessories market highlights
- The Asia Pacific bathroom accessories market generated a revenue of USD 6,088.3 million in 2020.
- The market is expected to grow at a CAGR of 10.9% from 2021 to 2028.
- In terms of segment, towel rack/ ring was the largest revenue generating product in 2020.
- Towel Rack/ Ring is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 6,088.3 million |
| Market revenue in 2028 | USD 13,966.7 million |
| Growth rate | 10.9% (CAGR from 2020 to 2028) |
| Largest segment | Towel rack/ ring |
| Fastest growing segment | Towel Rack/ Ring |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Towel Rack/ Ring, Hook, Paper Holder, Grab Bars |
| Key market players worldwide | LIXIL Corp, TOTO Ltd, Kohler, Moen Incorporated, Masco Corp, Bolina Holding, American Specialties Inc., Roca Corporacion Empresarial, Gerber Plumbing Fixtures |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 35.7% of the global bathroom accessories market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,966.7 million by 2028.
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Bathroom Accessories Market Scope
Bathroom Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific bathroom accessories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bathroom accessories market will help companies and investors design strategic landscapes.
Towel rack/ ring was the largest segment with a revenue share of 44.67% in 2020. Horizon Databook has segmented the Asia Pacific bathroom accessories market based on towel rack/ ring, hook, paper holder, grab bars covering the revenue growth of each sub-segment from 2016 to 2028.
The Asia Pacific is characterized by construction growth in China and India along with the emergence of Bangladesh, Myanmar, and Vietnam as high-growth economies. China and India, which are home to approximately 2.4 billion people, have traditionally dominated various social and economic indicators such as household spending, middle-class income growth, construction spending and affordable housing programs.
However, over the recent past, other countries in the region, particularly Bangladesh and Vietnam, have gradually tallied their growth with China and India, translating into greater than ever urban housing demand in the region.
The bathroom accessories market in the Asia Pacific is estimated to be valued at USD 6,088.3 million in 2020, with the demand arising from the urbanization of the region’s population and steadily increasing household spending.
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Our clientele includes a mix of bathroom accessories market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bathroom accessories market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bathroom accessories market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific bathroom accessories market size, by country, 2016-2028 (US$M)
Asia Pacific Bathroom Accessories Market Share, 2020 & 2028 (US$M)
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