PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1371879
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1371879
According to Stratistics MRC, the Global Acrylic Shower Base Market is accounted for $ 3967.58 million in 2023 and is expected to reach $6329.38 million by 2030 growing at a CAGR of 6.9% during the forecast period. An acrylic shower base is a type of shower pan or tray that serves as the foundation for a shower enclosure. Acrylic is a synthetic material derived from polymers. It is a robust material, resistant to cracking, chipping, and breaking. Acrylic shower bases are a popular choice for many homeowners due to their durability, affordability, versatility in design, customizability, luxurious appearance and easy maintenance.
According to the International Trade Administration (ITA), United States has spent extra USD 293 billion on renovating bathroom accessories.
Increasing numbers of homeowners are undertaking bathroom renovations to enhance comfort and functionality. Acrylic shower bases are popular choices due to their durability, ease of installation, and cost-effectiveness. Offering a wide range of sizes, shapes, and colour options for acrylic shower bases allows manufacturers to cater to diverse customer preferences and unique bathroom layouts. Targeting commercial spaces like hotels, resorts, and fitness centers presents an opportunity for manufacturers to tap into a broader market segment with specialized requirements.
Acrylic shower bases have several environmental concerns associated with their production, use, and disposal. The production of acrylics involves the extraction and processing of raw materials, including petroleum-based chemicals. This can contribute to resource depletion and environmental degradation. Also, during the manufacturing process, there may be emissions of VOCs, which are potentially harmful chemicals that can contribute to air pollution and may have health implications. In addition, it has only limited recyclability and also creates micro plastic pollution which further hinders the market growth.
Ongoing research and development in acrylic formulations can lead to improved durability, scratch resistance, and colour options, expanding the range of available products. Some advanced formulations can incorporate anti-microbial additives, helping to inhibit the growth of bacteria, mold, and mildew on the surface of the shower base. Also, advanced formulations can appeal to environmentally-conscious consumers and align with sustainability initiatives in the construction industry. In addition, factors such as anti-slip technologies, quick curing and setting times, anti-fog properties and chemical resistance are boosting the market growth.
Materials such as stone, ceramic, and composite materials compete for the market share. These choices may be chosen by customers based on their own tastes, perceived quality, or particular design needs. While acrylic shower bases are durable, some alternative materials like solid surface options or certain types of natural stone may be perceived as even more durable or long-lasting. This perception can influence consumer choices. Also, product differentiation, quality assurance, marketing efforts, and innovation can divert demand away from acrylic shower bases.
The COVID-19 pandemic has had varying impacts on the Acrylic shower base market, both positive and negative. The pandemic disrupted global supply chains, affecting the availability of raw materials and components needed for manufacturing shower bases. This led to production delays and increased costs for manufacturers. Also, with people spending more time at home, there was a surge in home improvement projects, including bathroom renovations. This boosted the demand for shower bases, as homeowners looked to upgrade their bathrooms for comfort and functionality.
The corner shower base segment is estimated to have a lucrative growth. Corner shower bases are designed to fit snugly into the corner of a bathroom. This maximizes the use of space and allows for efficient use of floor space, making them particularly suitable for smaller bathrooms or en-suite setups. Corner showers can have a visually appealing and modern look. Also, they can be easily coordinated with other bathroom fixtures. Further, it provides benefits such as ease of installation, enhanced privacy, efficient drainage, flexibility, versatility in design, accessibility and flow.
The commercial segment is anticipated to witness the highest CAGR growth during the forecast period, due to rising concerns of hygiene, safety, and convenience. Acrylic shower bases are used in commercial spaces such as gyms and fitness centers, sports facilities, aquatic centers, wellness centers, healthcare facilities, correctional facilities, rehabilitation centers, construction sites and recreational areas. In all of these commercial settings, shower bases are selected for their durability, ease of maintenance, and ability to withstand high usage. This aspect drives the segment demand.
Asia Pacific is projected to hold the largest market share during the forecast period owing to the rising disposable income and growing real estate sector. The market for acrylic shower bases in the Asia Pacific is characterized by the presence of both local and international manufacturers. The booming real estate sector in countries like China and India has led to a surge in demand for various construction and home improvement products. Also, rapid urbanization in countries like China, India, and Southeast Asian nations has led to an increased demand for housing and home improvement products.
Europe is projected to have the highest CAGR over the forecast period, owing to the rising demand for bathroom renovations, new construction projects, and the preference for cost-effective and durable shower base solutions. European consumers tend to have a high appreciation for design and aesthetics in their bathrooms. The market is competitive, with several established manufacturers and suppliers of acrylic shower bases in Europe. Additionally, economic conditions, including factors like housing market trends, interest rates, and consumer spending power are fuelling the market growth.
Some of the key players profiled in the Acrylic Shower Base Market include: Bella CORE, Kohler, Swan, AGAPE, MTI Baths, DANSANI, Duravit, American Bath Group, Produits Neptune, Americh, Lyons Industries, Huppe, DreamLine and DUKA.
In February 2023, Americh launched Roc solid surface shower base collection. The new shower bases are constructed with mineral-cast materials, utilizing natural organic components combined with specialized agents, to form a natural stone solid surface product.
In January 2023, Kohler has launched two shower infusion systems with natural shower infusion pods, versatile body and linen mists and bath bombs said to provide a peaceful escape through aromatherapy.