China Smart Faucets Market Size & Outlook, 2022-2030
China smart faucets market, 2018-2030 (US$M)
Related Markets
China smart faucets market highlights
- The China smart faucets market generated a revenue of USD 203.7 million in 2022 and is expected to reach USD 556.5 million by 2030.
- The China market is expected to grow at a CAGR of 13.4% from 2023 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Smart faucets market data book summary
| Market revenue in 2022 | USD 203.7 million |
| Market revenue in 2030 | USD 556.5 million |
| Growth rate | 13.4% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Offline, Online |
| Key market players worldwide | Kohler, LIXIL Corp, CERA Sanitaryware, Masco Corp, Villeroy & Boch AG Vorz-Inhaber-Akt stimmrechtslos, Roca Sanitaryware |
Other key industry trends
- In terms of revenue, China accounted for 11.6% of the global smart faucets 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 faucets market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 60.3 million by 2030.
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Smart Faucets Market Scope
Smart Faucets Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China smart faucets 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 faucets market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 76.04% in 2022. Horizon Databook has segmented the China smart faucets market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.
- China Smart Faucets Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Online
- China Smart Faucets Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Hotels & Restaurants
- Gyms
- Spa & Wellness Centers
- Others
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Target buyers of China smart faucets market databook
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Our clientele includes a mix of smart faucets 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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Horizon Databook provides a detailed overview of country-level data and insights on the China smart faucets market , including forecasts for subscribers. This country databook contains high-level insights into China smart faucets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China smart faucets market size, by distribution channel, 2018-2030 (US$M)
China Smart Faucets Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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