Bathroom Accessories Market Expected To Grow With A CAGR of 5% Over the Forecast Period, 2020-2024 Due to Growing Awareness About Hygiene - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Bathroom Accessories Market by Distribution Channel and Geography - Forecast and Analysis 2020-2024" report has been added to ResearchAndMarkets.com's offering.

Global Bathroom Accessories Market: About this market

The bathroom accessories market analysis considers sales from both offline and online distribution channels. Our study also finds the sales of bathroom accessories in APAC, Europe, MEA, North America, and South America. In 2019, the offline segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as touch and feel aspects and a wide range of products based on the requirements and budgets will play a significant role in the offline segment to maintain its market position. Also, our global bathroom accessories market report looks at factors such as growing awareness about sanitary and personal hygiene, growth of the housing sector, and increasing demand for premium bathroom accessories. However, long product replacement cycle, competition from the unorganized sector, and increasing criticality of inventory management may hamper the growth of the bathroom accessories industry over the forecast period.

Global Bathroom Accessories Market: Overview

Growing awareness about sanitary and personal hygiene

Growing awareness about sanitary hygiene has encouraged consumers to ensure the maintenance of hygienic bathrooms. Hygienic bathrooms include several accessories such as washbasins, tissue holders, towel hangers, soap dispensers, toothbrush holders, trash cans, and paper towel machines. Also, the importance of good sanitary and personal hygiene practices for leading a healthy life is driving the demand for bathroom accessories such as antimicrobial toilet seats. This is also encouraging vendors such as Kohler, TOTO, and others to offer antimicrobial toilet seats. Therefore, growing awareness about the hygiene market will lead to the expansion of the global bathroom accessories market at a CAGR of over 5% during the forecast period.

Advent of smart bathrooms

Smart bathrooms are built with accessories that can sense voice and function as per the instructions. These smart bathrooms allow users to control the lights, security, and temperature through smartphones and other gadgets. In addition, these bathrooms incorporate convenient to use digital bathroom accessories such as digital faucets to conserve water and energy. Products like digital faucets include features such as digital temperature control settings and touchless technology. Furthermore, smart bathrooms are also equipped with digital shower panels with an LCD to help the user control the flow of water from the shower, play music, and set the water temperature. This development is expected to have a positive impact on the overall market growth.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• Preface
• Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Value chain analysis
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market size and forecast 2019-2024
• Market outlook

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

• Market segmentation by distribution channel
• Comparison by distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by distribution channel

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Advent of smart bathrooms
• Growth of hospitality sector
• Increasing availability of towel warmers

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Bradley Corp.
• Duravit AG
• Fortune Brands Home & Security Inc.
• HSIL Ltd.
• Kohler Co.
• LIXIL Group Corp.
• Masco Corp.
• Norcros Plc
• Roca Sanitario SA
• Spectrum Brands Holdings Inc.

For more information about this report, visit https://www.researchandmarkets.com/r/j3du0d