Albany, New York, July 21, 2017: Due to the rapid surge in urbanization, consumers are now moving towards luxury products for their household interiors. It has been analyzed that majority of the people are installing high-end and decorative plumbing fixtures to have exclusivity and exquisiteness, which as a result bolstering the demand of luxury plumbing fixtures all over the world. With a prime focus on EMEA region, a new study focusing on the current market scenario of luxury fixtures has been published to the online repository of Market Research Hub (MRH), and titled as “EMEA (Europe, Middle East and Africa) Luxury Plumbing Fixtures Market Report 2017”. The study offers in-depth market analysis, covering its market dynamics and overall competitive scenario by profiling the leading players.
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Bathroom space design has progressed over a decade, from a standard space to a personal and luxury area with upgraded fittings and new exciting features that make bathing personal, luxurious as well as exciting. Luxury plumbing fixtures are installed within a bathroom, washroom or kitchen keeping in mind the growing focus on energy and water conservation. At present, some of the major aspects of the market growth are the improvement in economic conditions and growth in disposable income, changing lifestyle and behavior of consumers and adoption of water-efficient fixtures.
Geographically, this report split EMEA into Europe, the Middle East and Africa from the period 2012 to 2022 (forecast). Countries underlined within these regions are Germany, UK, Russia, France, Italy and Benelux; Israel, UAE, Saudi Arabia and Iran; South Africa, Nigeria, Egypt and Algeria. Projections on production, sales (K Units), consumption, Revenue (Million USD) and market share and growth rate of luxury plumbing fixtures in above regions is offered in the report. As per the findings of the study, EMEA is a fastest growing region due to rise in luxury expenditure of consumers in the luxury plumbing fixtures market globally. In 2016, the EMEA has shown positive results in its revenue and also the market is expected to witness significant growth by the end of 2022.
The global luxury plumbing fixtures market is bifurcated on the basis of product type, end user and geography. Based on fixture type, the market is broadly divided into bathroom fixtures and kitchen fixtures. Plumbing fixtures often include bathroom faucets, water heaters, kitchen faucets, kitchen sinks, bathtubs, and showers. Major end-users are household and commercial.
Moreover, this report focuses on top manufacturers of luxury plumbing fixtures in the global market and offers projections on sales, revenue, price, and market share. Some of the leading manufacturers profiled in the report include Kohler, Sterling Faucet Company, Toto Ltd., Culnat, Little Giant, Water Matrix, Moen, Falcon Waterfree Technologies, Bradley Corporation, The Noble Co., Rada Mechanical Products Ltd., GROHE, Aquabrass, Dahl Brothers (Canada) Ltd., Natphil Inc., Matco-Norca, Fiberez Bathware, American Standard, Delta and Gerber.
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