LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global flushing systems market report. This research report also lists 15 other prominent vendors that are expected to impact the market during the forecast period.
The global flushing systems market is expected to witness a steady growth during the forecast period. The increased emphasis on water conservation is increasingly prompting customers to opt for water-efficient products. Vendors in the market are developing and designing new ways to make flushing systems more water efficient. Global vendors such as American Standard and Kohler have introduced water-efficient flushing systems.
Competitive vendor landscape
The global flushing systems market is largely fragmented due to the increasing number of local vendors from countries such as India, China, and Malaysia. However, the global flushing systems market has major international vendors such as TOTO and GROHE. The market is expected to witness a decent growth during the forecast period with strong support from the residential and non-residential construction sectors.
“Initiatives by governments will further help in the market growth. The Government of India has launched a plan to make the country open defecate free by 2020. The plan is to construct urinals all over the country to provide germ-free environment,” says Gaurav Mohindru, a lead construction research analyst from Technavio.
The focus area of market participants is on developing and nurturing the customer–vendor relationship. Also, to achieve cost-effective products, vendors can opt for strategic mergers and acquisitions with local players to attain a decent market share.
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Top five flushing systems market vendors
Geberit
Geberit has a strong local presence in most of the European countries. It operates as an integrated group with several brands under its portfolio. It has 33 production facilities out of which six are located overseas.
GROHE
GROHE manufactures and markets bathroom, shower, and kitchen solutions. It has production plants located in Germany, Portugal, Thailand, and South Africa. The company has a presence in more than 130 countries and is among the leading manufacturers of bathroom, shower, and kitchen sanitary products.
Hindware
Hindustan Sanitary ware and Industries (HSIL) is commonly known by its brand Hindware. The company exists in more than 40 countries, including the Pacific Islands, the UK, the Middle East, Africa, New Zealand, Australia, and Russia.
Kohler
Kohler manufactures and distributes kitchen and bath products, furniture, engines and power systems, cabinetry, and tiles. In 2015, the company reported a revenue of $6 billion. The company has 49 manufacturing facilities globally.
TOTO
TOTO manufactures and sells plumbing products. In 1946, the company started the manufacturing of metal fittings and faucets. The company manufactures toilets, lavatories, faucets, washlets, and Neorests.
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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