Market revenue in 2022 | USD 20.1 million |
Market revenue in 2030 | USD 42.5 million |
Growth rate | 9.8% (CAGR from 2022 to 2030) |
Largest segment | Offline |
Fastest growing segment | Online |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 shower market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 78.11% in 2022. Horizon Databook has segmented the Middle East & Africa smart shower market based on offline, online 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.
The urbanization rates at the regional level show that 6 regions have recorded rates that exceed 80%, including the Eastern Province (93.2%), Riyadh (90.9%), Holy Makkah (87.6%), the Northern Borders (86.7%), Tabuk (85.9%), and Jouf (84.5%).
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. This is acting as a major growth driver for the smart bathroom market in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart shower market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart shower market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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