Be the first to like this
The bath fittings and accessories market is valued at 18 bn in 2008 it is expected to reach INR 40 bn in 2012. Market is dominated by the organized segment.
The report provides a brief overview of the market including the estimated market size, growth rate and revenue split between the organized and unorganized segments. An analysis of drivers reveals that increasing urbanization, increase in disposable Income, growth in real estate sector, growth in hospitality industry, improving awareness is driving growth in this sector. The key challenges identified low demand in replacement market, market restricted to urban areas, bathroom size in India.
The report identifies the current market trends including manufacturers providing complete bathroom solutions, water conservation technology, tie ups with architects, builders and interior designers, and growing popularity of imported fittings. The competitive landscape profiles the major players in this sector in terms of their business description. The report also provides details key developments in this sector.