The Global Ceramic Sanitary Ware Market size is projected to reach USD 449.60 billion by 2027 from USD 32.10 billion in 2020, at a CAGR of 8.68%. The initiatives by the governments of developing nations, coupled with the changing lifestyle and purchasing power of the middle-class population across the globe, are driving the ceramic sanitary ware market.
sanitary ware is toilet sinks/water closets as it is the most basic sanitary ware. The initiatives by the governments of developing nations to improve access to basic sanitation and maintain hygiene are the key factor for this growth. They have been further classified into once piece, two pieces, EWC, wall hung closets, and others. The demand for toilet sinks/water closets ceramic sanitary ware is very high in all the applications.
Based on application, the ceramic sanitary ware market has been segmented into commercial and residential. The commercial segment is further classified into hospitality, offices, industrial, and institutional & retail. The residential application is also classified into single family and multi family. The commercial segment is projected to register the higher growth in terms of value as well as volume in the global ceramic sanitary ware market. Ceramic sanitary wares used in commercial applications are frequently replaced due to their heavy use. Hence, the demand for ceramic sanitary ware is high in the commercial segment. Hospitality is the largest sub-segment of the ceramic sanitary ware market. The increasing demand for luxurious ceramic sanitary wares in hotels, resorts, and villas is the major factor supporting the growth of the market in the hospitality segment.
The key market players profiled in the report include Geberit Group (Switzerland), Kohler Co. (US), TOTO Ltd. (Japan), LIXIL Group Corporation (Japan), Roca Sanitario SA (Spain), Villeroy & Boch AG (Germany), RAK Ceramics (UAE), Duravit AG (Germany), Duratex SA (Brazil), and HSIL (India).
Report : Ceramic Sanitary Ware Market - By Type (Toilet Sinks/Water Closets, Washbasins, Urinals, Cisterns), By Application (Commercial, Residential), By Technology (Slip Casting, Pressure Casting, Type Casting, Isostatic Casting) and By Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America) - Industry Analysis, opportunity and Forecast 2020 To 2027