PUBLISHER: The Business Research Company | PRODUCT CODE: 1615068
PUBLISHER: The Business Research Company | PRODUCT CODE: 1615068
A thermostatic bathtub shower mixer is a device designed to regulate the temperature and flow of water in bathtubs or showers. It merges hot and cold water supplies, enabling users to set and maintain a stable water temperature. This device is commonly seen in contemporary bathrooms due to its convenience and safety features, enhancing the comfort of bathing and showering.
The primary types of thermostatic bathtub shower mixers include freestanding, wall-mounted, and deck-mounted options. Freestanding mixers are independent units that do not need to be affixed to walls or other surfaces. They come in various styles, such as single lever mixers and two-handle mixers, and are suitable for both residential and commercial use.
The thermostatic bathtub shower mixer market research report is one of a series of new reports from The Business Research Company that provides thermostatic bathtub shower mixer market statistics, including thermostatic bathtub shower mixer industry global market size, regional shares, competitors with a thermostatic bathtub shower mixer market share, detailed thermostatic bathtub shower mixer market segments, market trends and opportunities, and any further data you may need to thrive in the thermostatic bathtub shower mixer industry. This thermostatic bathtub shower mixer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The thermostatic bathtub shower mixer market size has grown strongly in recent years. It will grow from $44.06 billion in 2023 to $49.11 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The expansion observed in the historical period is linked to the rising demand for improved safety features, urbanization, increased disposable incomes, growth in the hospitality sector, and the emergence of sustainable products.
The thermostatic bathtub shower mixer market size is expected to see strong growth in the next few years. It will grow to $63.74 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The anticipated growth during the forecast period can be attributed to consumers' increasing desire for enhanced bathing experiences, a heightened focus on luxury and convenience, a growing need for smart, technology-driven mixers, an emphasis on water and energy conservation, and the rise in residential infrastructure. Key trends expected in this forecast period include technological innovations, multifunctional bathrooms, integration with smart home systems, designs that prioritize water efficiency, and touchless technologies.
The growing residential and commercial infrastructure is anticipated to drive the expansion of the thermostatic bathtub shower mixer market in the coming years. This infrastructure encompasses essential systems and facilities that support both living and working environments. The rise in such infrastructure is fueled by urban population growth and increased investments in real estate development. Thermostatic bathtub shower mixers improve comfort and safety by maintaining consistent water temperatures, thereby reducing the risk of scalding. Their efficiency and user-friendliness enhance the appeal of modern residential and commercial spaces, contributing to growth in both sectors. For example, the US Census Bureau reported in September 2024 that construction spending reached an estimated seasonally adjusted annual rate of $2,162.7 billion in July 2024, reflecting a 6.7% increase compared to the $2,027.4 billion spent in July 2023. In the first seven months of 2024, total construction spending amounted to $1,237.5 billion, an 8.8% increase from the $1,137.4 billion during the same period in 2023. Thus, the rising demand for residential and commercial infrastructure is propelling the thermostatic bathtub shower mixer market.
Key players in the thermostatic bathtub shower mixer market are focusing on developing advanced products, such as mixer showers with Cool Touch technology, to enhance user safety by ensuring that the exterior of the shower remains cool to the touch, even at high water temperatures. Cool Touch technology prevents the outer surface from becoming excessively hot, enhancing safety during use. For instance, in February 2022, Gainsborough Showers, a UK-based provider of electric and mixer showers, launched a new range of mixer showers featuring thermostatic temperature control and Cool Touch technology. This new range includes three premium models designed for safe family use, providing peace of mind. Customers can choose from high-pressure dual outlet showers available in round or square designs, or opt for a single outlet bar mixer model with an integrated soap dish. The round-head showers come with a versatile three-spray mode handset, and the collection includes a space-saving manual mixer shower suitable for smaller bathrooms or over-bath applications. Each model features a stainless steel rail, a chrome ribbed hose, a convenient push-button handset holder, and rub-clean jets for easy maintenance.
In February 2024, Villeroy & Boch AG, a German manufacturer of high-quality ceramics and lifestyle products, acquired Ideal Standard Limited for an undisclosed amount. This acquisition aims to significantly strengthen Villeroy & Boch AG's market position and operational capabilities within the bathroom products sector. Ideal Standard Limited is a UK-based company that produces a variety of bathroom solutions, including thermostatic bathtub shower mixers.
Major companies operating in the thermostatic bathtub shower mixer market are Inter IKEA Systems B.V, Grohe AG, Kohler Company, Toto Limited, Roca Group, Hansgrohe SE, Ideal Standard International, Villeroy & Boch AG, Rak Ceramics, Duravit AG, Jaquar Group, Dornbracht Group, Bristan Group Limited, Kludi GmbH & Co. KG, Crosswater Limited, Hudson Reed, Flova, Nuie, VADO, Premium-Plumbing.co, Fima Carlo Frattini S.p.A., Sagittarius Bathroom Products Limited, Gessi S.p.A., Fabbrica Italiana Rubinetterie
North America was the largest region in the thermostatic bathtub shower mixer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thermostatic bathtub shower mixer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the thermostatic bathtub shower mixer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The thermostatic bathtub shower mixer market consists of sales of thermostatic shower valves, bath fillers, bathtub and shower diverters, shower panels and smart shower systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Thermostatic Bathtub Shower Mixer Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on thermostatic bathtub shower mixer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for thermostatic bathtub shower mixer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The thermostatic bathtub shower mixer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.