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Faucet is a regulator for controlling the flow of a liquid from a reservoir. They are mainly made from brass, a mix of copper, zinc and a minute amount of lead.
LPI (LP Information)' newest research report, the "Faucet Industry Forecast" looks at past sales and reviews total world Faucet sales in 2022, providing a comprehensive analysis by region and market sector of projected Faucet sales for 2023 through 2029. With Faucet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Faucet industry.
This Insight Report provides a comprehensive analysis of the global Faucet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Faucet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Faucet market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Faucet and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Faucet.
The global Faucet market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In India, Faucet key players include Microchip, Epson, Kyocera Corporation, SiTime(Mega), Nihon Dempa Kogyo, etc. Global top five manufacturers hold a share over 30%.
In terms of product, Stainless Steel Faucets is the largest segment, with a share over 85%. And in terms of application, the largest application is Residential, followed by Commercial.
This report presents a comprehensive overview, market shares, and growth opportunities of Faucet market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Stainless Steel Faucets
- Brass Faucets
- Plastic Faucets
Segmentation by application
- Household
- Commercial
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Jaquar
- Hindware
- CERA Sanitaryware
- Roca
- Kohler
- Grohe
- Hansgrohe
- AGMECO Faucets
- Kerovit
Key Questions Addressed in this Report
What is the 10-year outlook for the global Faucet market?
What factors are driving Faucet market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Faucet market opportunities vary by end market size?
How does Faucet break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?