Europe Bathroom Accessories Market Size & Outlook
Europe bathroom accessories market, 2016-2028 (US$M)
Related Markets
Europe bathroom accessories market highlights
- The Europe bathroom accessories market generated a revenue of USD 5,221.7 million in 2020.
- The market is expected to grow at a CAGR of 10% 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, UK is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 5,221.7 million |
| Market revenue in 2028 | USD 11,223.3 million |
| Growth rate | 10% (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, Europe region accounted for 30.6% 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 |
|---|
Europe 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 37.27% in 2020. Horizon Databook has segmented the Europe 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 bathroom accessories market in Europe is estimated to be valued at USD 5,221.7 million in 2020. The European market is characterized by a strong intra-continent trade of goods, wide market access to companies, and a population with high incomes, courtesy of the European Union and Eurozone agreements.
The region is home to major economies such as the U.K., Germany, France, and Italy, with high levels of household spending and mature infrastructure sectors. Considering the high-income levels of the Western European nations, the bathroom accessories market provides lucrative opportunities for companies in terms of, high-end product offerings, innovative designs, and sophisticated distribution channels.
According to the European Construction Sector Observatory (ECSO) of the European Commission, the construction industry has been growing at a steady pace since 2016, with the residential construction growth rate averaging 3.5% during the time.
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Our clientele includes a mix of bathroom accessories market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe bathroom accessories market, including forecasts for subscribers. This continent databook contains high-level insights into Europe bathroom accessories market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Europe bathroom accessories market size, by country, 2016-2028 (US$M)
Europe Bathroom Accessories Market Share, 2020 & 2028 (US$M)
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