Middle East & Africa Bathroom Accessories Market Size & Outlook
Middle East & Africa bathroom accessories market, 2016-2028 (US$M)
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MEA bathroom accessories market highlights
- The MEA bathroom accessories market generated a revenue of USD 922.3 million in 2020.
- The market is expected to grow at a CAGR of 8.8% 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, UAE is expected to register the highest CAGR from 2021 to 2028.
MEA data book summary
| Market revenue in 2020 | USD 922.3 million |
| Market revenue in 2028 | USD 1,814.7 million |
| Growth rate | 8.8% (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, MEA region accounted for 5.4% 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 |
|---|
Middle East & Africa 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 43.9% in 2020. Horizon Databook has segmented the Middle East & Africa 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.
In a bid to diversify their economies, countries in the Middle East eased economic austerity measures and implemented significant regulatory reforms for the construction sector.
Apart from increasing public spending in the affordable housing sector, major economies of the region, such as Saudi Arabia, the UAE, Kuwait, Qatar and Oman are also focusing on significant pro-business reforms to boost construction-related investments in the commercial and hospitality sectors.
As a highly developed region in the context of the Middle East & Africa, GCC offers numerous opportunities for high-end bathroom accessories and fittings manufacturers, which is supported by public initiatives via construction as well as high 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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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 Middle East & Africa bathroom accessories market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bathroom accessories market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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MEA bathroom accessories market size, by country, 2016-2028 (US$M)
Middle East & Africa Bathroom Accessories Market Share, 2020 & 2028 (US$M)
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