Latin America Bathroom Vanities Market Size & Outlook
Latin America bathroom vanities market, 2017-2030 (US$M)
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Latin America bathroom vanities market highlights
- The Latin America bathroom vanities market generated a revenue of USD 3,694.6 million in 2022.
- The market is expected to grow at a CAGR of 6.6% 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, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 3,694.6 million |
| Market revenue in 2030 | USD 6,167.9 million |
| Growth rate | 6.6% (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, Latin America region accounted for 9.6% 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 |
|---|
Latin America 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 72.93% in 2022. Horizon Databook has segmented the Latin America bathroom vanities market based on residential, non-residential covering the revenue growth of each sub-segment from 2017 to 2030.
Continuous expansion in the non-residential sector and residential sector projects are expected to result in a greater number of bathrooms, and other utility areas, thereby increasing the application of bathroom vanities.
urthermore, the commercial sector accounted for the highest share in 2021. Some of the top hotel chain brands such as Novotel Hotels and Resorts and Bristol Hotels are increasing their properties to gain a competitive edge in the market.
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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 continent-level data and insights on the Latin America bathroom vanities market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bathroom vanities market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America bathroom vanities market size, by country, 2017-2030 (US$M)
Latin America Bathroom Vanities Market Outlook Share, 2022 & 2030 (US$M)
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