Asia-Pacific Ceramic Sanitary Ware Market to grow at a Significant Rate through 2026
Improving standard of living and growth of hospitality sector is expected to drive the demand for Asia-pacific ceramic sanitary ware market in forecast period.
According to TechSci Research report, “Asia-pacific Ceramic Sanitary Ware Market By Product Type (Wash Basin, Toilet Sink/ Water Closet, Urinals, Cisterns & Others) By End Use (Residential/Household Vs. Non-Residential/Commercial) By Distribution Channel (Retail Sales Vs. Direct/Institutional Sales) By Company, By Region, Forecast & Opportunities, 2026”, Asia-pacific ceramic sanitary ware market is expected to witness significant growth for the next five years owing to increasing demand for ceramic sanitary ware from construction industry due to its high resistance from chemicals and scratches and affordable nature. Rise in consumer preference to increase the aesthetic appeal of sanitary stations and increasing inclination for sanitation and hygiene is fueling the ceramic sanitary ware market growth. Corporate companies and leading authorities are promoting the use of sanitary products and increase the consumer awareness. Also, the surge in demand for luxury ceramic sanitary ware from consumers due to availability of product in different colors and glossy surfaces which require minimum maintenance is expected to aid the growth of the ceramic sanitary ware market in Asia-pacific region. Ceramic sanitary ware are components and plumbing fixtures and includes toilet sinks, bathtubs, wash basins, sinks, among others and are made up of quartz, clay, and feldspar material. Ceramic sanitary ware is customizable according to consumer need and are cost-effective in nature. End-users prefer to use ceramic sanitary ware due to its durable nature, high resistance to environmental conditions and longer shelf life in comparison to its metal counterparts which is increasing the demand for ceramic sanitary ware in industrial spaces, hotels, restaurants, hospitals, among others.
Due to the ongoing pandemic COVID-19, complete lockdown was announced by leading authorities of major economies in Asia-pacific region. Government released a set of precautionary measures and guidelines to fight the novel coronavirus. Manufacturing units were shutdown and workers migrated to their native places which resulted in shortage of workers available in ceramic sanitary ware manufacturing industries. Major construction projects were on hold. After the lifting of lockdown, construction activities are expected to operate again. Ongoing and upcoming construction projects and infrastructure development is expected to accelerate the growth of the ceramic sanitary ware market.
However, low replacement rate for sanitary ware due to less innovations to upgrade the existing sanitary ware system may create hindrance in the Asia-pacific ceramic sanitary ware market growth.
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Global ceramic sanitary ware market is segmented into product type, distribution channel, end use, regional distribution, and company. Based on end use, market is further bifurcated into residential/household and non-residential/commercial. The residential segment is divided into single family and multi family. The commercial segment is majorly divided into hospitality, offices, industrial, and institutional & retail. Commercial segment is expected to witness growth for the next five years due to heavy use in commercial spaces, ceramic sanitary ware needs to be replaced frequently. Growing affordability of consumers to dine-out in fine restaurants and visit shopping malls, theatres, resorts and villas, among others is increasing the demand for installing luxury ceramic sanitary ware which is fueling the market growth. Also, the rise in number of tourists visiting the region is aiding to increase the economy of the countries which is fostering the demand for construction of more commercial spaces.
Toto Inc., Kajaria Ceramics Limited, Jaquar Group, RAK Ceramics P.J.S.C, Hindustan Sanitaryware & Industries Limited (HSIL), Kohler (China) Investment Co. Ltd., Roca (China) Co. Ltd, Cera Sanitaryware Ltd., Villeroy & Boch, LIXIL Group Corporation are the leading players operating in Asia-pacific ceramic sanitary ware market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several ceramic sanitary ware manufacturers are coming up with their technologically advanced offerings.
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“Rise in consumer requirement to change the conventional sanitary ware products with advanced and innovative ceramic sanitary ware to increase the aesthetic appearance of sanitary spaces. Ceramic sanitary ware manufacturing companies are investing heavily for technological advancements in sanitary ware such as jet flushing which allows maintaining hygienic cleanliness and uses the last quantity of water to increase the product demand among consumers. Rise in construction of residential spaces to cater the need of growing population and low maintenance cost of ceramic sanitary ware is anticipated to propel the Asia-pacific ceramic sanitary ware market growth until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Asia-pacific Ceramic Sanitary Ware Market By Product Type (Wash Basin, Toilet Sink/ Water Closet, Urinals, Cisterns & Others) By End Use (Residential/Household Vs. Non-Residential/Commercial) By Distribution Channel (Retail Sales Vs. Direct/Institutional Sales) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of Asia-pacific ceramic sanitary ware market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Asia-pacific ceramic sanitary ware market.
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