The residential buildings industry is estimated to play a key role in the plumbing fixtures & fittings market
The plumbing fixtures & fittings market is projected to reach USD 139.4 Billion by 2027. The plumbing fixtures & fittings market size is estimated to grow from USD 86.5 billion in 2018 to USD 139.4 billion by 2027. Fixtures & fittings are used in residential and non-residential buildings in bathtub & shower fixtures, sink fixtures, toilet fixtures, and sink fittings among others. The residential buildings industry accounted for the largest market share in 2018. Rising disposable incomes of the urban population is stimulating the construction of new houses in urban regions, resulting in an increased demand for plumbing fittings & fixtures. The demand for plumbing products for replacements is especially high in the residential construction sector. Home kitchen remodeling projects typically involve the installation of multiple sinks for convenient cooking and bathrooms, thereby increasing the demand for plumbing fixtures & fittings. Download...