The report offers detailed coverage of Plumbing Fitting industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Plumbing Fitting by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Plumbing fittings are crucial components of plumbing systems installed in buildings for efficient distribution of water within the building for drinking, washing, heating and for removing waterborne wastes from the building.
Plumbing components are typically used in laying pipelines that provide means of transport for fluids into and out of the building. Given that efficient plumbing is a critical requirement for all buildings, demand for plumbing fittings and fixtures is dependent on the level of construction activity, which in turn is influenced by the overall health of the economy. The level of economic growth and construction activity primarily dictates market prospects for plumbing fittings.
Rapid urbanization in developing countries will continue to drive growth in the market, since strong urban concentration will trigger increases in infrastructure expenditure, and urban planning. The creation of large megacities involves the construction of high-rise buildings and skyscrapers, which in turn increases prospects for plumbing work, thus driving market prospects for plumbing fittings and fixtures.
China is the dominate producer of plumbing fitting, the production was 327.27 million pieces in 2015, accounting for about 42.14% of the total amount, followed by USA, with the production market share of 23.58%. India has emerged as the second largest sanitaryware market by volume in Asia Pacific and has the largest growth rate of 14.26% from 2011 to 2015.
The industry concentration is relatively low. Manufactures are distributed around the world. Leading players in plumbing fitting industry are Masco Corporation, Fortune Brands, LIXIL Corporation, Lota Group. Masco Corporation is the largest manufacturer, with the production market share of 7.11% in 2015. The top four companies occupied about 18.14% production share of the market in 2015.
The report forecast global Plumbing Fitting market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Plumbing Fitting market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Masco Corporation
Kohler
Fortune Brands
LIXIL Corporation
Friedrich Grohe
Toto
RWC
Roca
Lota Group
Spectrum Brands
Globe UNION Industrial Corp
Jacuzzi
Huayi
Elkay
Lasco
Maax
Ideal Standard
Villeroy & Boch
Jaquar Group
Sanitec
Hansgrohe
Sunlot Group
Hindware
CERA Sanitaryware
At the same time, we classify Plumbing Fitting according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Faucets
Shower Heads
Valves and Pipe Fittings
Others
Market by Application
Household
Commercial
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Plumbing Fitting market for the forecast period 2021 - 2025?
• What are the driving forces in the Plumbing Fitting market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Plumbing Fitting industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?