North America Bathroom Accessories Market Size & Outlook
North America bathroom accessories market, 2016-2028 (US$M)
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North America bathroom accessories market highlights
- The North America bathroom accessories market generated a revenue of USD 3,462.1 million in 2020.
- The market is expected to grow at a CAGR of 9.8% 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, U.S. is expected to register the highest CAGR from 2021 to 2028.
North America data book summary
| Market revenue in 2020 | USD 3,462.1 million |
| Market revenue in 2028 | USD 7,289.4 million |
| Growth rate | 9.8% (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, North America region accounted for 20.3% 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 |
|---|
North 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 38.66% in 2020. Horizon Databook has segmented the North 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.
North America is a key region for this market owing to the presence of several high-priced hotels that provide world-class facilities and a boost of expensive and exquisite bathroom fittings for a competitive edge. Another noteworthy trend in North America is the increase in investments in residential construction.
As per Statistics Canada, in August 2020, multi-unit investment profits were reported in nine provinces of Canada, led by Alberta (+42.4%) and Quebec (+15.8%). The increase in construction in both residential and commercial construction will lead to an increase in demand regional demand for bathroom accessories.
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Target buyers of North America bathroom accessories market databook
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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 North America bathroom accessories market, including forecasts for subscribers. This continent databook contains high-level insights into North America bathroom accessories market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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North America bathroom accessories market size, by country, 2016-2028 (US$M)
North America Bathroom Accessories Market Share, 2020 & 2028 (US$M)
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