Europe Smart Bathroom Market Size & Outlook, 2022-2030
Europe smart bathroom market, 2018-2030 (US$M)
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Europe smart bathroom market highlights
- The Europe smart bathroom market generated a revenue of USD 1,719.3 million in 2022.
- The market is expected to grow at a CAGR of 11.7% 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.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 1,719.3 million |
| Market revenue in 2030 | USD 4,181.0 million |
| Growth rate | 11.7% (CAGR from 2022 to 2030) |
| Largest segment | Smart toilet |
| Fastest growing segment | Smart Faucets |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 22.8% of the global smart bathroom 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 7,840.3 million by 2030.
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Smart Bathroom Market Scope
Smart Bathroom Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 36.42% in 2022. Horizon Databook has segmented the Europe 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.
This scenario is creating ample opportunities for the manufacturers in the market to increase their shares. In May 2020, TOTO launched new Washlet models with an added option of an automatic flush. The flush automatically activates when the user leaves the WASHLET.
The WASHLET is equipped with an automatic sensor capable of distinguishing whether the large or small flush must be activated: the small 3-liter flush is triggered after a sitting position lasting 6 to 30 seconds, while the big 4.5-liter flush is triggered after sitting for more than 30 seconds.
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Our clientele includes a mix of smart bathroom 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 Europe smart bathroom market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smart bathroom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe smart bathrooms market size, by country, 2018-2030 (US$M)
Europe Smart Bathroom Market Outlook Share, 2022 & 2030 (US$M)
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