Faucet Global Market Report 2025

A faucet is a mechanism regulating the release of liquid, particularly water, from a pipe. It consists of a spout, handle, cartridge, aerator, chamber, and inlet sources, typically made from materials such as brass, steel, die-cast zinc, or chrome-plated plastic. Faucets are used to control the flow of liquid by opening or closing a tap.

The primary types of faucets are electronic and manual. Electronic faucets are operated by an infrared sensor and are commonly employed in commercial kitchens and public bathrooms to conserve water and minimize the spread of germs. Faucets are crafted using materials such as metal and plastic, and they incorporate various technologies, including cartridge, compression, ceramic disc, and ball mechanisms. These technologies determine the faucet's functionality and durability. Faucets find diverse applications in areas such as bathrooms, kitchens, and other spaces. They cater to a wide range of end users, including both residential and commercial settings.

The faucet market research report is one of a series of new reports from The Business Research Company that provides faucet market statistics, including global market size, regional shares, competitors with a faucet market share, detailed faucet market segments, market trends and opportunities, and any further data you may need to thrive in the faucet market industry. This faucet 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 faucet market size has grown strongly in recent years. It will grow from $42.41 billion in 2024 to $46.25 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to housing boom, water conservation measures, home renovation trends, economic factors, globalization of markets.

The faucet market size is expected to see rapid growth in the next few years. It will grow to $69.71 billion in 2029 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to smart home integration, sustainability initiatives, changing consumer lifestyles, health and hygiene concerns, urbanization trends. Major trends in the forecast period include technological innovations, technological advancements, smart faucet integration, sustainable and eco-friendly designs, customization and personalization.

The surge in urbanization is fueling the expansion of the faucet market. As the global population progressively shifts residence from rural to urban areas in pursuit of employment opportunities and an enhanced standard of living, urbanization continues to rise. A notable consequence of this trend is the escalating demand in both housing and commercial sectors, leading to an increased need for faucets. For instance, as per the United Nations Department of Economic and Social Affairs, it is anticipated that by 2050, 68% of the world's population will reside in urban areas, with 90% of this growth concentrated in the African and Asian regions. Consequently, the anticipated surge in urbanization will drive the demand for upscale apartments, houses, and skyscrapers in developing nations, consequently propelling the growth of premium accessories in bathrooms and kitchens, including automated or sensor-based faucets.

The growth of the housing and construction industry significantly contributes to the expansion of the faucet market. Housing and construction involve various activities related to the planning, development, and construction of residential and commercial structures. Faucets play a crucial role in this sector by providing essential components for controlling water flow to different appliances and ensuring proper water access from the initial stages of construction. For instance, data from the Office for National Statistics, a UK-based executive office of the UK Statistics Authority, indicates that in 2022, the construction industry in Great Britain witnessed a substantial 15.8% increase in the value of new work, totaling £132,989 (169119.45) million. This growth was driven by expansions in both private and public sectors, with new orders experiencing an 11.4% surge to £80,837 (102798.80) million, particularly fueled by private infrastructure and commercial projects. Therefore, the thriving housing and construction industry emerges as a significant driver propelling the faucet market.

A prominent trend in the faucet market is the increasing adoption of strategic partnerships. Companies engaged in faucet manufacturing are entering into partnerships to enhance their product offerings. For example, in January 2022, Jaquar, an India-based company specializing in the production of faucets, bathroom fittings, showers, spas, bathtubs, and accessories, joined forces with Matteo Thun & Antonio Rodrigues, an Italy-based company renowned for its designs in sanitary products, faucets, bathtubs, and accessories. This collaboration is geared towards the introduction of a new collection named Laguna, emphasizing aesthetic durability and timeless simplicity. The Laguna collection features faucets available in eight color options, offering both single and dual-tone shades. This diversity enables flexibility and variety in usage, opening up exciting possibilities in interior design. The sophisticated Laguna collection also provides an extensive range of selections for sanitary ware, wellness products, and shower enclosures. Through strategic partnerships such as these, companies in the faucet market are working towards product innovation and meeting the evolving demands of consumers.

Prominent companies in the faucets market are actively incorporating innovative technologies, such as motion control technology, to solidify their market positions. Motion control technology encompasses a diverse range of systems and techniques designed to precisely manage the movement of machines and devices. As an illustration, in January 2022, Moen Inc., a US-based company known for its product line of faucets and fixtures, introduced the Smart Faucet featuring Motion Control Technology. This faucet boasts advanced features such as voice activation, smartphone control, and an improved touchless sensor. Leveraging Motion Control technology, users can conveniently adjust water temperatures with simple hand swipes, and the Moen Smart Water App provides customization options. The faucet seamlessly integrates voice-activated functionalities, metered dispensing, user presets, and remote management. Moen offers a variety of styles, including handle-less designs, striking a balance between functionality and high-design aesthetics. Through these technological innovations, companies such as Moen are staying ahead in the market and meeting the evolving preferences of consumers.

In August 2022, Fortune Brands Home & Security Inc., a US-based manufacturer specializing in home and security products, completed the acquisition of Aqualisa Products Limited for an undisclosed sum. This strategic move is anticipated to strengthen Fortune Brands' capacity to tap into opportunities within the water management, connected products, and global sustainability sectors. Aqualisa Products Limited, the acquired company, is a UK-based faucet manufacturer.

Major companies operating in the faucet market include Kyocera Corporation, Colston Bath Ltd., LIXIL Group Corporation, Fortune Brands Home & Security Inc., Kohler Co., TOTO Ltd., American Standard Brands Inc., EczacIbasI Holding A.S., Danze Inc., Hansgrohe SE, Moen Incorporated, Villeroy & Boch AG, Jaquar Group, Globe Union Industrial Corp., Elkay Manufacturing Company, Delta Faucet Company a Masco Corporation, Hindware Industries Limited, Pfister Faucets Inc., Sloan Valve Company, CERA Sanitaryware Ltd., Franke Holding AG, Gerber Plumbing Fixtures LLC, Kerovit S.A., Aqua Source Faucet LLC, Paini UK Ltd., Lota Group, Roca Sanitario S.A., Kraus Inc., Waterstone Products Inc.

North America was the largest region in the faucet market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the faucet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the faucet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The faucet market consists of sales of disc faucets, cartridge faucets, and compression faucets. 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.

Faucet Global Market Report 2025 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 faucet 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.

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Where is the largest and fastest growing market for faucet ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The faucet 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 market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Product Type: Electronic; Manual
• 2) By Material: Metal; Plastics
• 3) By Technology: Cartridge; Compression; Ceramic Disc; Ball
• 4) By Application: Bathroom; Kitchen; Other Applications
• 5) By End User: Residential; Commercial
• Subsegments:
• 1) By Electronic: Sensor-Activated Faucets; Touchless Faucets; Digital Faucets
• 2) By Manual: Single-Handle Faucets; Double-Handle Faucets; Pull-Down Or Pull-Out Faucets; Wall-Mounted Faucets
• Companies Mentioned: Kyocera Corporation; Colston Bath Ltd.; LIXIL Group Corporation; Fortune Brands Home & Security Inc.; Kohler Co.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.