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Asia-Pacific region to be the largest market for plumbing fixtures & fittings

The plumbing fixtures & fittings market size is estimated to grow from USD 86.5 billion in 2018 to USD 139.4 billion by 2027. 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. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77394490 The Asia-Pacific region led the market in 2018 due to its large population and its proven identity of a major manufacturing hub that offers production opportunities at affordable costs to companies. As plumbing fixtures & fittings are used widely in residential and non-residential buildings, the Asia-Pacific region, which is witnessing major growth in these sectors as well, has become a large market for these packaging solutions. ...

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...

Plumbing Fixtures Market worth $139.4 billion by 2027

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. 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.   Download the PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77394490 Residential buildings to gain maximum traction during the forecast period The residential buildings segment dominated the market in 2018 and is projected to be the fastest-growing end-user industry in the next five years, as a result of the rising urbanization and changing lifestyle inclined toward new designs and bette...