U.S. sanitary ware market may reach 5.68 billion US dollars in 2025
According to the latest report released by Allied market research, the U.S. sanitary ware market sold 4.16 billion dollars in 2017, and is expected to reach 5.68 billion dollars in 2025, with a compound annual growth rate of 4%.
The growth of concept bathroom, bathroom boutique, house sales and online retail are the main factors driving the growth of the U.S. bathroom market. However, environmental problems and strict regulations limit the growth of the market. On the other hand, the opportunity to expand business on online platforms may provide opportunities for market growth.
According to the product type, squatting toilets, flush toilets, etc. occupy more than one-third of the market share due to high single value and high sales volume in 2017, and it can be predicted that the growth rate will be the fastest compound annual growth rate of 5.2% from 2018 to 2025.
According to the nature of the materials, the sanitary ceramics sector is the largest market in 2017, accounting for more than three quarters of the market share, and is expected to grow at the fastest compound annual growth rate of 4.4%.
In the distribution channel, the wholesale and distribution sector accounted for 76.5% of the market share in 2017 and will maintain its dominant position in 2025. This is due to the low price, large quantity and short delivery cycle of the product. By 2025, the retail distribution sector is likely to grow at the fastest CAGR of 5.3%.