Bath Remodeling Market to see Rapid Growth by 2028
The global bath remodeling market is anticipated to grow at a significant CAGR of 5.0% during the forecast period. Increasing remodeling projects by rental property owners as they are heavily investing in their properties to enhance the value of owned property is a major factor fuelling to the growth of bath remodeling market. Property owners who are contributing towards bath improvement and remodeling activities are considering it as a wise investment which will increase the value of their overall house. In addition, the growing demand for commercial space to improve and remodel bath due to increasing tourism sector is another factor propelling the growth of global bath remodeling market.
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The impact of COVID-19 pandemic on bath remodeling market
found to be positive as people were spending most of the time in their homes
and were seeking ways to achieve more comfort and accessibility. The two trends
which proliferated the bath remodeling market during COVID-19 pandemic were DIY
bathroom remodel and technological developments such as hands-free technology
which contributes towards decreasing the spread of bacteria and germs. For
instance, in January 2022, Moen launched smart faucet with motion control
technology for completely touchless operation. Smart Faucet with Motion Control
features new touchless technology that allows the user to control temperature
and water flow by using simple hand motions.
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Bath Remodeling Market Segmentation
By Material
·
Stone
·
Ceramic
·
Metal
·
Marble
·
Cement board
·
Others (Caulk and Granite)
By Product
·
Bathtub
·
Faucet
·
Shower System
·
Lavatory Sinks
·
Knobs or handles
·
Vanity bases
·
Others (Countertop, Cabinets, and Light
fixtures)
By End-Use
·
Residential
·
Commercial
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
Company
Profiles
·
AEC Daily Corp.
·
ABC Supply Co., Inc.
·
Andersen Corp.
·
Builders FirstSource, Inc.
·
Dreamstyle Remodeling, Inc.
·
DuPont de Nemours, Inc.
·
Ferguson Enterprises, LLC
·
Floor Factors
·
GROHE AG
·
Home Depot Product Authority, LLC
·
Jaquar
·
JELD-WEN, Inc.
·
Kohler Co.
·
LIXIL Corporation
·
MAAX Bath Inc.
·
Pella Corporation
·
Statewide Remodeling
·
The Dow Chemical Company
·
TOTO LTD.
·
Tres GriferÃa
·
USA Cabinet Store
·
WIRQUIN Ltd.
·
Your Home Improvement Co.
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