China Smart Shower Market Size & Outlook, 2022-2030
China smart shower market, 2018-2030 (US$M)
Related Markets
China smart shower market highlights
- The China smart shower market generated a revenue of USD 121.0 million in 2022 and is expected to reach USD 337.5 million by 2030.
- The China market is expected to grow at a CAGR of 13.7% 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 shower market data book summary
| Market revenue in 2022 | USD 121.0 million |
| Market revenue in 2030 | USD 337.5 million |
| Growth rate | 13.7% (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 | TOTO Ltd, Moen Incorporated, LIXIL Corp, Kohler, Fortune Brands Innovations Inc, American Water Works Co Inc, Roca Corporacion Empresarial, Dornbracht |
Other key industry trends
- In terms of revenue, China accounted for 10.8% of the global smart shower market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan smart shower 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 337.5 million by 2030.
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Smart Shower Market Scope
Smart Shower Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China smart shower 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 shower market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 76.03% in 2022. Horizon Databook has segmented the China smart shower market based on offline, online 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.
The smart toilet segment emerged as the largest product segment in the China market in 2021. In 2019, the Chinese megacity, Shanghai built about 150 smart public toilets around town. But if users spend longer than 15 minutes inside one of the stalls, an alert will be sent to the city workers to check on the users.
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Target buyers of China smart shower market databook
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Our clientele includes a mix of smart shower 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 shower market , including forecasts for subscribers. This country databook contains high-level insights into China smart shower market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China smart shower market size, by distribution channel, 2018-2030 (US$M)
China Smart Shower Market Outlook Share, 2022 & 2030 (US$M)
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