Asia Pacific Bathroom Vanities Market Size & Outlook
Asia Pacific bathroom vanities market, 2017-2030 (US$M)
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Asia Pacific bathroom vanities market highlights
- The Asia Pacific bathroom vanities market generated a revenue of USD 13,439.7 million in 2022.
- The market is expected to grow at a CAGR of 8% from 2023 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2022.
- Non-Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 13,439.7 million |
| Market revenue in 2030 | USD 24,815.9 million |
| Growth rate | 8% (CAGR from 2022 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Non-Residential |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-Residential |
| Key market players worldwide | American Woodmark Corp, Illinois Tool Works Inc, Caesarstone Ltd, Empire Industries, Avanity, Bellaterra Home, Design Element, Foremost group, Kohler |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.8% of the global bathroom vanities market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 24,815.9 million by 2030.
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Bathroom Vanities Market Scope
Bathroom Vanities Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific bathroom vanities 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 vanities market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 76.89% in 2022. Horizon Databook has segmented the Asia Pacific bathroom vanities market based on residential, non-residential covering the revenue growth of each sub-segment from 2017 to 2030.
Asia Pacific is expected to gain substantial growth during the forecast years because of the wide range of products offered by various regional and international market players such as pedestal, freestanding, and under-mounted sink & cabinet.
According to data released by the United Nations Environment Programme (UNEP) in 2021, construction in the Asia Pacific is booming, and by 2040, the region will be home to nearly half of all new construction in the world.
International key players in the bathroom accessories market are expanding their presence in this region by offering bathroom vanities made of various materials in a range of designs.
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Target buyers of Asia Pacific bathroom vanities market databook
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Our clientele includes a mix of bathroom vanities market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bathroom vanities market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bathroom vanities market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific bathroom vanities market size, by country, 2017-2030 (US$M)
Asia Pacific Bathroom Vanities Market Outlook Share, 2022 & 2030 (US$M)
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