PUBLISHER: Lucintel | PRODUCT CODE: 1523113
PUBLISHER: Lucintel | PRODUCT CODE: 1523113
Bathroom Vanity Trends and Forecast
The future of the global bathroom vanity market looks promising with opportunities in the commercial and household & residential markets. The global bathroom vanity market is expected to reach an estimated $25 billion by 2030 with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are growing popularity of home restoration & bathroom remodeling, increasing demand for sustainable & eco-friendly home furnishings, and rising number of remodeling initiatives for homes.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Bathroom Vanity by Segment
The study includes a forecast for the global bathroom vanity by material, application, and region.
List of Bathroom Vanity Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bathroom vanity companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bathroom vanity companies profiled in this report include-
Bathroom Vanity Market Insights
Lucintel forecasts that wood will remain the largest segment over the forecast period due to its high prefer ability and visual appeal.
Within this market, household & residential will remain larger segment over the forecast period.
APAC will remain the largest region over the forecast period due to rising use of bathroom vanities in both the residential and business domains in the region.
Features of the Global Bathroom Vanity Market
Market Size Estimates: Bathroom vanity market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bathroom vanity market size by material, application, and region in terms of value ($B).
Regional Analysis: Bathroom vanity market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different materials, applications, and regions for the bathroom vanity market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bathroom vanity market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the bathroom vanity market size?
Answer: The global bathroom vanity market is expected to reach an estimated $25 billion by 2030.
Q2. What is the growth forecast for bathroom vanity market?
Answer: The global bathroom vanity market is expected to grow with a CAGR of 6.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the bathroom vanity market?
Answer: The major drivers for this market are growing popularity of home restoration & bathroom remodeling, increasing demand for sustainable & eco-friendly home furnishings, and rising number of remodeling initiatives for homes.
Q4. What are the major segments for bathroom vanity market?
Answer: The future of the bathroom vanity market looks promising with opportunities in the commercial and household & residential markets.
Q5. Who are the key bathroom vanity market companies?
Answer: Some of the key bathroom vanity companies are as follows:
Q6. Which bathroom vanity market segment will be the largest in future?
Answer: Lucintel forecasts that wood will remain the largest segment over the forecast period due to its high prefer ability and visual appeal.
Q7. In bathroom vanity market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising use of bathroom vanities in both the residential and business domains in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.