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Plastics as a raw material to play a key role in the plumbing fixtures & fittings market

The plumbing fixtures & fittings market size is estimated to grow from USD 74.72 Billion in 2015 to USD 102.07 Billion by 2021, at a CAGR of 5.45%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021. The fixtures & fittings report aims to study the fixtures & fittings market on the basis of material, product, end-use, and application.
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.  
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.††
Target Audience
  • Plumbing Product manufacturers
  • Raw material suppliers
  • End users
  • Consulting firms
The market ecosystem includes various stakeholders involved in the supply chain of the plumbing fixtures & fittings industry starting from raw materials suppliers, research & development, and manufacturing. Post this, the marketing and sales of the products take place which is only possible if an efficient distribution channel is developed. Finally, the end products are made available to the consumers. 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), and Roca Sanitario, S.A. (Spain). The other players in the market are Elkay Manufacturing Company (U.S.) and MAAX Bath Inc. (Canada).

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