Growth Opportunities in the Global Plumbing Fixtures and Fittings Manufacturing Market

The global plumbing fixtures and fittings manufacturing market experienced good growth over the last five years and is expected to continue its growth momentum to reach approximately $82.4 billion in 2017 with a CAGR of 6.6% over the next five years (2012-2017).
 
Lucintel, a leading global management consulti

ng and market research firm, has analyzed the global plumbing fixtures and fittings manufacturing industry and presents its findings in “Global Plumbing Fixtures and Fittings Manufacturing Market 2012–2017: Trend, Profit, and Forecast Analysis.”
 
The highly fragmented industry comprises the kitchenware, sanitary ware, bathroom accessories, and fittings segments. The Asia Pacific (APAC) region is dominant in this industry, which is driven significantly by increasing disposable income and growth in the construction sector.
 
Lucintel’s research indicates that after declining in 2009, the industry began to recover as bathroom accessories drove the growth during the period. Rising demand in Asia and eastern Europe also contributed to considerable growth because of rising demand for innovative products such as luxury fittings and whirlpool baths, among other high-end products from high-income consumers.
 
As the study details, the decline in credit facilities in real estate and building construction activities, and the rising cost of production are some of the challenges for the industry. In industrializing regions, positive demographic trends and growth in building construction activities, development of new innovative products, improvement of sanitary ware market in rural areas of Asian countries, and demand for luxurious bathroom and shower products are anticipated to boost the industry. Increasing industry share of Asian economies in world trade and rapid industrialization in emerging economies are anticipated to boost demand. Thus, APAC is likely to grow at faster pace than other regions during the forecast period.
 
This study provides an overview of the global plumbing fixtures and fittings market. The report tracks four market segments for four geographic regions; thus, it tracks 16 segments of the industry.
 
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global plumbing fixtures and fittings industry analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of

emerging trends and demand requirements on an annual basis.
 
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills t

his core need. Some of the features of plumbing fixtures and fittings manufacturing market report are: