China Smart Bathroom Market Size & Outlook, 2022-2030
China smart bathroom market, 2018-2030 (US$M)
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China smart bathroom market highlights
- The China smart bathroom market generated a revenue of USD 975.5 million in 2022 and is expected to reach USD 2,852.3 million by 2030.
- The China market is expected to grow at a CAGR of 14.4% from 2023 to 2030.
- In terms of segment, smart toilet was the largest revenue generating product in 2022.
- Smart Faucets is the most lucrative product segment registering the fastest growth during the forecast period.
Smart bathroom market data book summary
| Market revenue in 2022 | USD 975.5 million |
| Market revenue in 2030 | USD 2,852.3 million |
| Growth rate | 14.4% (CAGR from 2022 to 2030) |
| Largest segment | Smart toilet |
| Fastest growing segment | Smart Faucets |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Toilet, Smart Soap Dispenser, Smart Faucets, Smart Showers, Smart Bathroom Mirrors, Smart Bathtubs |
| Key market players worldwide | InvestIndustrial Holdings, Villeroy & Boch AG Vorz-Inhaber-Akt stimmrechtslos, Ferguson PLC, Spectrum Brands Holdings Inc, Masco Corp, Grohe, LIXIL Corp, Moen Incorporated, Kohler, Duravit, TOTO Ltd, Fortune Brands Innovations Inc, Knauf |
Other key industry trends
- In terms of revenue, China accounted for 13.0% of the global smart bathroom market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart bathroom market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,852.3 million by 2030.
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Smart Bathroom Market Scope
Smart Bathroom Market Companies
| Name | Profile | # Employees | HQ | Website |
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China smart bathroom 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 smart bathroom market will help companies and investors design strategic landscapes.
Smart toilet was the largest segment with a revenue share of 38.8% in 2022. Horizon Databook has segmented the China smart bathroom market based on smart toilet, smart soap dispenser, smart faucets, smart showers, smart bathroom mirrors, smart bathtubs covering the revenue growth of each sub-segment from 2018 to 2030.
According to the China Smart Home Industry Alliance, in 2020, there were 300,000 to 500,000 smart homes in China, accounting for only 1% of newly developed real estate. The penetration of smart homes in China is estimated to grow over the forecast period, owing to the low cost smart home products and the increasing number of tech-savvy consumers in the country.
This scenario will bode well for the smart bathroom market over the forecast period. More than 700 cities in the country had proposed or were in the process of building smart infrastructure, according to a 2019 report by the Qianzhan Industry Research Institute.
A smart city movement has been emerging across China, riding on the international trend, but at a faster speed. Thus, the demand for smart bathroom products is likely to grow over the forecast period.
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Target buyers of China smart bathroom market databook
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Our clientele includes a mix of smart bathroom 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 smart bathroom market , including forecasts for subscribers. This country databook contains high-level insights into China smart bathroom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China smart bathrooms market size, by product, 2018-2030 (US$M)
China Smart Bathroom Market Outlook Share, 2022 & 2030 (US$M)
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