India Bathroom Vanities Market Size & Outlook, 2022-2030
India bathroom vanities market, 2017-2030 (US$M)
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India bathroom vanities market highlights
- The India bathroom vanities market generated a revenue of USD 1,168.1 million in 2022 and is expected to reach USD 2,516.3 million by 2030.
- The India market is expected to grow at a CAGR of 10.1% 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 1,168.1 million |
| Market revenue in 2030 | USD 2,516.3 million |
| Growth rate | 10.1% (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, India accounted for 3.0% 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 |
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India 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 74.99% in 2022. Horizon Databook has segmented the India bathroom vanities market based on residential, non-residential covering the revenue growth of each sub-segment from 2017 to 2030.
The non-residential segment is expected to witness a significant growth rate over the forecast period, mainly driven by a strong hotel construction pipeline. According to the Global Construction Pipeline Trend report by Lodging Econometrics (LE), released in February 2023, in Q4 2022, India's total hotel construction pipeline stands at 383 projects and 47,539 rooms.
The non-residential real estate sector is projected to witness significant growth in India accelerated by large-scale investments by institutional investors. Also, rising demand for office spaces so expected to drive the construction of an increasing number of washrooms thereby fostering the application of bathroom vanities. In addition, the growth of the bathroom vanities market is primarily due to their high demand across the rapidly developing hotel industry.
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Horizon Databook provides a detailed overview of country-level data and insights on the India bathroom vanities market , including forecasts for subscribers. This country databook contains high-level insights into India bathroom vanities market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India bathroom vanities market size, by application, 2017-2030 (US$M)
India Bathroom Vanities Market Outlook Share, 2022 & 2030 (US$M)
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