Market revenue in 2022 | USD 488.7 million |
Market revenue in 2030 | USD 1,233.8 million |
Growth rate | 12.3% (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 |
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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 35.24% in 2022. Horizon Databook has segmented the UK 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.
The growing trend of home renovation in the U.K. is accelerating the smart bathroom market growth. In addition, homeowners have been investing in lifestyle-enhancing projects as against merely necessary maintenance activities.
For instance, according to the 2022 UK Houzz & Home Renovation Trends Study, home renovation activity is at the highest rates reported since 2018. More than 53% of homeowners renovated in 2021, which increased by 4% from 49% in 2020. Furthermore, more than 21% of homeowners renovated their bathrooms in 2021. This is expected to drive market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UK smart bathroom market , including forecasts for subscribers. This country databook contains high-level insights into UK smart bathroom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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