Market revenue in 2022 | USD 207.6 million |
Market revenue in 2030 | USD 474.8 million |
Growth rate | 10.9% (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 |
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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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 smart bathroom market will help companies and investors design strategic landscapes.
Smart toilet was the largest segment with a revenue share of 42.29% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
United Nations estimated that 71.3% of South Africa's population will live in urban areas by 2030 and almost 80% by 2050. By 2050, eight in ten people will be living in urban areas, which, in turn, will increase the demand for smart bathroom products in the region.
It could also be noticed that approximately 76 % of the Saudi population lives in urban areas as compared to 24% in rural areas, as for the non-Saudi population, 90% lives in urban areas and 10% in rural areas.
Thus, the region is bound to explore numerous opportunities to cut down the usage of water, and, thus, adopt innovative technologies in the industry. This factor is estimated to increase the penetration and adoption of smart faucets among consumers from the residential and commercial sectors.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart bathroom market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart bathroom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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