U.S. Bathroom Accessories Market Size & Outlook, 2020-2028
U.S. bathroom accessories market, 2016-2028 (US$M)
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U.S. bathroom accessories market highlights
- The U.S. bathroom accessories market generated a revenue of USD 2,850.9 million in 2020 and is expected to reach USD 5,915.0 million by 2028.
- The U.S. market is expected to grow at a CAGR of 9.6% 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 2,850.9 million |
| Market revenue in 2028 | USD 5,915.0 million |
| Growth rate | 9.6% (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, U.S. accounted for 16.7% 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 North America, U.S. bathroom accessories market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,915.0 million by 2028.
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Bathroom Accessories Market Scope
Bathroom Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 38.88% in 2020. Horizon Databook has segmented the U.S. 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.
The U.S. economy is fueled by construction activities in the country. As per The Construction Association, construction industry in the U.S. construction industry generates USD 1.3 trillion worth of structures annually. The industry has more than 680,000 employers and 7 million employees.
The rising number of residential permits in the country is driving the growth of the construction industry. Growing public investment in affordable housing is another factor boosting residential construction. On the back of this growth, the bathroom accessories market in the U.S. is expected to flourish.
The increase in residential construction will lead to higher demand for bathroom accessories such as hooks, paper holders, grab bars, and towel racks. Innovative and stylish bathroom accessories offered by major players will propel the bathroom accessories demand 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 U.S. bathroom accessories market, including forecasts for subscribers. This country databook contains high-level insights into U.S. bathroom accessories market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. bathroom accessories market size, by product, 2016-2028 (US$M)
U.S. Bathroom Accessories Market Share, 2020 & 2028 (US$M)
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