China Faucet Market Size & Outlook, 2023-2030
China faucet market, 2018-2030 (US$M)
Related Markets
China faucet market highlights
- The China faucet market generated a revenue of USD 1,746.7 million in 2023 and is expected to reach USD 3,096.7 million by 2030.
- The China market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2023.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Faucet market data book summary
| Market revenue in 2023 | USD 1,746.7 million |
| Market revenue in 2030 | USD 3,096.7 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Offline |
| Key market players worldwide | Kohler, Masco Corp, Fortune Brands Innovations Inc, Kraus, USA, American Standard, Grohe, Pfister, Aqua Source, Architonic, Masko |
Other key industry trends
- In terms of revenue, China accounted for 8.0% of the global faucet market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China faucet 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 2,046.1 million by 2030.
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Faucet Market Scope
Faucet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China faucet 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 faucet market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 88.02% in 2023. Horizon Databook has segmented the China faucet market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
- China Faucet Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- China Faucet Application Outlook (Revenue, USD Million, 2018-2030)
- Bathrooms
- Kitchen
- Others
- China Faucet End User Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
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Target buyers of China faucet market databook
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Our clientele includes a mix of faucet 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 country-level data and insights on the China faucet market , including forecasts for subscribers. This country databook contains high-level insights into China faucet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China faucet market size, by distribution channel, 2018-2030 (US$M)
China Faucet Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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