Ceramic sanitary ware market to reach $45.33 billion by 2029 with 5.7% CAGR growth
From GlobeNewswire: 2025-04-02 20:00:00
The Ceramic Sanitary Ware Market is projected to grow from USD 34.36 billion in 2024 to USD 45.33 billion by 2029, with a CAGR of 5.7%. Key drivers include demand for residential and commercial spaces, rising disposable income, and government initiatives for sanitization. Manufacturers are targeting growth in Asia Pacific.
The market is segmented based on type, technology, and region. In 2023, urinals had the third-largest market share due to their necessity in public and commercial places. Pressure casting technology was the second largest segment, while Europe was the third-largest market region during the forecast period.
Key players in the market include Geberit AG, LIXIL Corporation, and Villeroy & Boch AG. The market offers opportunities for bio-based additives and smart technologies, while challenges include sustainability issues. The market is expected to see growth in tape casting technology due to its efficiency and environmental friendliness.
North America was the second-largest region for ceramic sanitary ware consumption, driven by the need for high-quality bathroom products and water-efficient solutions. The region’s focus on home improvements and modern structures makes it a promising market. The key players have strong distribution networks and a wide range of products and services.
Overall, the Ceramic Sanitary Ware Market is set to see significant growth in the coming years, driven by factors such as increasing demand for bio-based additives and smart technologies. The market offers opportunities for innovative solutions and challenges related to sustainability. With a focus on quality and efficiency, key players are well-positioned to capitalize on this growth.
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