Market revenue in 2022 | USD 1,779.7 million |
Market revenue in 2030 | USD 3,248.9 million |
Growth rate | 7.8% (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 |
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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 74.25% in 2022. Horizon Databook has segmented the UK bathroom vanities market based on residential, non-residential covering the revenue growth of each sub-segment from 2017 to 2030.
Rapid construction in the commercial segment, particularly the hospitality sector, is driving the need for the unique designs in the bathroom vanities. According to the U.K. Office for National Statistics, consumer spending on hospitality started to increase in May 2021. Business turnover also reflected this change, showing higher revenue in early 2021 than in spring 2020.
Wide variation in bathroom sizes in the U.K. will also continue to provide opportunities for product development. Moreover, stringent environmental regulations have led to an increase in demand for sustainable products.
Horizon Databook provides a detailed overview of country-level data and insights on the UK bathroom vanities market , including forecasts for subscribers. This country databook contains high-level insights into UK bathroom vanities market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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