UK Bathroom Accessories Market Size & Outlook, 2020-2028
UK bathroom accessories market, 2016-2028 (US$M)
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UK bathroom accessories market highlights
- The UK bathroom accessories market generated a revenue of USD 956.8 million in 2020 and is expected to reach USD 1,883.9 million by 2028.
- The UK 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.
Bathroom accessories market data book summary
| Market revenue in 2020 | USD 956.8 million |
| Market revenue in 2028 | USD 1,883.9 million |
| Growth rate | 8.8% (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, UK accounted for 5.6% 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 Europe, UK bathroom accessories market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,883.9 million by 2028.
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Bathroom Accessories Market Scope
Bathroom Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 41.16% in 2020. Horizon Databook has segmented the UK 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.
Consumers are more focused on quality products with additional features. A greater number of retrofitting purchases are being observed as consumers upgrade to better design and high-value solutions, with aesthetics continuing to exert a significant influence on consumer choice.
Consumers seek a lavish lifestyle and better standard of living. The trend of retrofitting the old with new bathroom accessories is very evident in the country. Growing consumer preference for minimalist designs has fueled the demand for towel racks/rings in the country.
New residential construction projects will also stabilize the market, despite the economic uncertainty. Since June 2020, an increase in residential construction is being observed in the U.K., subsequently propelling the purchase of construction material. Projects that were on hold or were in the pipeline have restarted.
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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 UK bathroom accessories market, including forecasts for subscribers. This country databook contains high-level insights into UK bathroom accessories market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UK bathroom accessories market size, by product, 2016-2028 (US$M)
UK Bathroom Accessories Market Share, 2020 & 2028 (US$M)
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