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Global Plumbing Fixtures and Fittings Market| Advent of Eco-friendly Plumbing Solutions | Technavio

The global plumbing fixtures and fittings market is expected to register a CAGR of over 5% during the period 2018-2022, according to the latest market research report by Technavio.

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Technavio has published a new market research report on the global plumbing fixtures and fittings ma ...

Technavio has published a new market research report on the global plumbing fixtures and fittings market from 2018-2022. (Graphic: Business Wire)

A key factor driving the market’s growth is the rise in construction activities. Building construction is growing globally due to the increasing focus on infrastructure which is allowing economic growth and improving the living standards of people. Developed economies such as the US, Canada, and countries in the European Union are looking to improve their existing infrastructure. Developing countries such as China and India are also experiencing growth in opportunities in the building construction industry.

This market research report on the global plumbing fixtures and fittings market 2018-2022 provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio predicts an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

In this report, Technavio highlights the advent of eco-friendly plumbing solutions as one of the key emerging trends in the global plumbing fixtures and fittings market:

Global plumbing fixtures and fittings market: Advent of eco-friendly plumbing solutions

Eco-friendly plumbing solutions provide superior performance and help consumers in saving money, minimizing the carbon footprint, as well as ensuring that the wastage of water and energy is reduced. Eco-friendly plumbing is easy to achieve.

“In the eco-friendly plumbing system in a residential or non-residential property, water efficient toilets have been introduced with enhanced aesthetics in order to save water. Eco-friendly sprinkler systems are minimizing the use of water, and water efficient shower heads help in reducing 25% to 35% of water consumption,” says a senior analyst at Technavio for research on construction.

Global plumbing fixtures and fittings market: Segmentation analysis

This market research report segments the global plumbing fixtures and fittings market into the following applications (FoTW and BTW) and key regions (the Americas, APAC, and EMEA).

The FoTW segment held the largest market share in 2017, accounting for nearly 86% of the market. This application segment is expected to dominate the global market throughout the forecast period.

APAC held the highest share of the global plumbing fixtures and fittings market in 2017, accounting for a market share of approximately 42%. The market share occupied by this region is anticipated to increase by nearly 1% during 2018-2022.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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