China Bathroom Vanities Market Size & Outlook, 2022-2030
China bathroom vanities market, 2017-2030 (US$M)
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China bathroom vanities market highlights
- The China bathroom vanities market generated a revenue of USD 3,964.5 million in 2022 and is expected to reach USD 7,912.6 million by 2030.
- The China market is expected to grow at a CAGR of 9% 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.
Bathroom vanities market data book summary
| Market revenue in 2022 | USD 3,964.5 million |
| Market revenue in 2030 | USD 7,912.6 million |
| Growth rate | 9% (CAGR from 2022 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Non-Residential |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 10.3% of the global bathroom vanities market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bathroom vanities market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,516.3 million by 2030.
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Bathroom Vanities Market Scope
Bathroom Vanities Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 83.12% in 2022. Horizon Databook has segmented the China bathroom vanities market based on residential, non-residential covering the revenue growth of each sub-segment from 2017 to 2030.
The domination of the market is primarily attributable to the rapid growth of commercial hotels and rooms in cities like Shanghai, Guangzhou, Chengdu, and Suzhou. For instance, InterContinental Hotels Group (IHG) ranks second in China with 314 projects and 72,758 rooms, while Hilton Worldwide leads with roughly 386 projects and 86,880 rooms.
The robust pipeline for hotel building is a crucial factor in the forecasted high increase of non-residential applications. The overall pipeline of hotel building in China includes 3,693 projects and 701,974 rooms, according to Lodging Econometrics' (LE) Construction Pipeline Trend Report for Q2 2022.
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Our clientele includes a mix of bathroom vanities market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China bathroom vanities market , including forecasts for subscribers. This country databook contains high-level insights into China bathroom vanities market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China bathroom vanities market size, by application, 2017-2030 (US$M)
China Bathroom Vanities Market Outlook Share, 2022 & 2030 (US$M)
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