India Bathroom Accessories Market Size & Outlook, 2020-2028
India bathroom accessories market, 2016-2028 (US$M)
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India bathroom accessories market highlights
- The India bathroom accessories market generated a revenue of USD 1,395.8 million in 2020 and is expected to reach USD 3,241.5 million by 2028.
- The India market is expected to grow at a CAGR of 11.1% 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.
Bathroom accessories market data book summary
| Market revenue in 2020 | USD 1,395.8 million |
| Market revenue in 2028 | USD 3,241.5 million |
| Growth rate | 11.1% (CAGR from 2020 to 2028) |
| Largest segment | Towel rack/ ring |
| Fastest growing segment | Towel Rack/ Ring |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, India accounted for 8.2% of the global bathroom accessories market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China bathroom accessories market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,241.5 million by 2028.
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Bathroom Accessories Market Scope
Bathroom Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 43.74% in 2020. Horizon Databook has segmented the India 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.
Market dominance is majorly attributed to the significant growth of residential and commercial sectors in the country. The commercial real estate sector is projected to witness significant growth in India, accelerated by large-scale investments by institutional investors. Also, the rising demand for office spaces is expected to drive the construction of washrooms, thereby driving the application of bathroom accessories.
The growth in demand for bathroom accessories in India has also increased due to rapid urbanization and the development of the housing sector. The rising purchasing power of consumers, continuous growth in population, and government intervention to provide easy loans have led to a residential construction boom in the country.
Additionally, the Indian real estate industry is utilizing the built-up space in, property segments such as shopping malls, offices, hospitals, logistical facilities, and offices. These factors have contributed to the overall growth of the bathroom accessories market in the country.
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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 country-level data and insights on the India bathroom accessories market, including forecasts for subscribers. This country databook contains high-level insights into India bathroom accessories market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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India bathroom accessories market size, by product, 2016-2028 (US$M)
India Bathroom Accessories Market Share, 2020 & 2028 (US$M)
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