Latin America Bathroom Accessories Market Size & Outlook
Latin America bathroom accessories market, 2016-2028 (US$M)
Related Markets
Latin America bathroom accessories market highlights
- The Latin America bathroom accessories market generated a revenue of USD 1,357.0 million in 2020.
- The market is expected to grow at a CAGR of 9.4% 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.
Latin America data book summary
| Market revenue in 2020 | USD 1,357.0 million |
| Market revenue in 2028 | USD 2,781.2 million |
| Growth rate | 9.4% (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, Latin America region accounted for 8.0% 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 |
|---|
Latin America 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 47.37% in 2020. Horizon Databook has segmented the Latin America 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.
Buildings Council, the floor area of residential buildings is expected to reach 11 billion sq. meters by 2050 as 150 million people will be living in urban areas. A trend suggests that countries in Central & South America have a rapidly expanding residential construction sector.
The region is heavily reliant on the informal construction sector, which accounts for nearly 75% of new housing starts (as per a World Bank report). Thus, to mitigate economic challenges and improve credit access to their construction industries, countries in the region have been undertaking massive reforms to harmonize building codes.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bathroom accessories market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America bathroom accessories market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America Bathroom Accessories Market Share, 2020 & 2028 (US$M)
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