MarketsandMarkets projects that the plumbing fixtures & fittings market size will grow from USD 74.72 Billion in 2015 to USD 102.07 Billion by 2021, at an estimated CAGR of 5.45%. The plumbing fixtures & fittings market is expected to witness high growth as a result of the rising urbanization, building renovations due to disasters and upgradation, large-scale investment in infrastructure & industrial sectors, and rising construction activities in emerging economies. The renovated buildings segment is projected to have the largest market share and dominate the plumbing fixtures & fittings market from 2016 to 2021. New buildings plays a key role in changing the plumbing fixtures & fittings landscape and is projected to grow at the highest rate during the forecast period.

1. Plumbing Fixtures Market worth $139.4 billion by 2027
The report "Plumbing Fixtures Market by Material (Vitreous China, Metal,
Plastics), Product (Bathtub & Shower Fixtures and Fittings, Sink Fixtures &
Fittings, Toilet Fixtures & Fittings), Application (Renovated, New Buildings),
End-Use - Forecast to 2027", The plumbing fixtures & fittings market is projected to
reach USD 139.4 Billion by 2027.
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3. Introduction
The plumbing fixtures & fittings market size is estimated to grow from USD 86.5 billion in 2018 to
USD 139.4 billion by 2027. Factors such as increasing demand in Asia-Pacific due to rapid
urbanization, building renovations due to disasters and upgradations, rising construction activities
in emerging economies, and large-scale investment in industrial and infrastructure sectors are
some of the drivers for the growth of the plumbing fixtures & fittings market.
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4. Market Drivers
 Residential buildings to gain maximum traction during the forecast period
The residential buildings segment dominated the market in 2018 and is projected to be the fastest-growing end-user
industry in the next five years, as a result of the rising urbanization and changing lifestyle inclined toward new designs
and better technology in homes. The residential market is projected to grow at the highest rate due to the rise in new and
existing housing completions. Furthermore, the non-residential segment is projected to be the second fastest-growing
end-use industry due to the rising demand from commercial buildings such as hotels, gyms, and spa resorts.
 Plastics as a raw material to play a key role in the plumbing fixtures & fittings
market
The report defines and segments the plumbing fixtures & fittings market on the basis of raw material into vitreous china,
metal, and plastics. The vitreous china segment is projected to contribute the largest market share as it is the most
economical material for domestic fixtures such as toilet bowls, urinals, and washbasins. Plastic plumbing fixtures &
fittings, made from a wide range of polymers such as fiberglass, cast polymer, and acrylic, is projected to grow at the
highest rate from 2018 to 2027.
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5. The global market for plumbing fixtures & fittings is dominated by players such as Geberit AG
(Switzerland), Kohler Co. (U.S.), Jacuzzi Inc. (U.S.), Masco Corporation (U.S.), LIXIL Group
Corporation (Japan), Fortune Brands Home & Security, Inc. (U.S.), TOTO Ltd (Japan), Roca
Sanitario, S.A. (Spain), Elkay Manufacturing Company (U.S.), and MAAX Bath Inc. (Canada).
Key Participants
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6. The Asia-Pacific region led the market in 2018 due to its large population and its proven identity
of a major manufacturing hub that offers production opportunities at affordable costs to
companies. As plumbing fixtures & fittings are used widely in residential and non-residential
buildings, the Asia-Pacific region, which is witnessing major growth in these sectors as well, has
become a large market for these packaging solutions. This was followed by North America,
which was the second-largest market for plumbing fixtures & fittings followed by RoW and
Europe.
On The Basis Of Region:
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9. How Markets & Markets is different?
• Most-detailed market segmentation in the industry
• In-depth analysis of patents and profiles of key market players providing
a competitive landscape
• Market data for segments such as technologies, services & applications
across geographies
• High level analysis of major market segments and identification of
opportunities.
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