The new report by Expert Market Research titled, ‘Global Kitchen Faucets Market Size, Share, Price, Trends, Growth, Analysis, Report and Forecast 2021-2026’, gives in-depth analysis of the Global Kitchen Faucets market, assessing the market based on its segments like Product, Installation Type, Material, Number of Faucet Holes, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/kitchen-faucets-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026): –
• Forecast CAGR (2021-2026): 6.3%
The increasing demand for advanced, comfortable, and environment friendly kitchen faucets is increasing the demand for kitchen faucets. Companies are increasingly focusing on improvements in the plumbing industry and setting new standards in electronic water fixtures. As a consequence, over the next few years, this will give rise to creative and advanced kitchen faucets. The market for hands-free faucets is projected to boost by 2026, among various types of kitchen faucet products including Pull-Out Faucet, Pull-Down Faucet, Bar Faucets, Hands-free Faucet, and Pot Filters. In the coming years, the use of sensor-enabled hands-free faucets is expected to increase as they have the potential to save water and prolong the battery life.
Industry Definition and Major Segments
A Kitchen Faucet is a system that lets you turn on and off the flow of water in Kitchen. The faucet is not just the metal component from which the water falls, it is the entire system for controlling the water flow. It helps to do regular activities that is required in the kitchen.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/kitchen-faucets-market
On the basis of Product, the industry is divided into:
• Pull-Down Faucet
• Pull-Out Faucet
• Hands-Free
• Bar Faucets
• Pot Filters
• Faucet with side Spray
• Others
On the basis of Installation Type, the industry is divided into:
• Deck Mount
• Wall Mount
On the basis of Material, the industry is divided into:
• Chrome
• Stainless Steel
• Bronze
• Plastic
On the basis of Number of Faucet Holes, the industry is divided into:
• One
• Two
• Three
• Four
On the basis of Region, the industry is divided into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Market Trends
The rapid digitization of kitchen faucets has captured many users’ attention. It is anticipated that the launch of touchscreen kitchen faucets would bode well for the market. The additional benefits of hands-free faucets, such as cost-effectiveness and energy savings, contribute to market development. Throughout the forecast years, North America is expected to retain its supremacy in the global kitchen faucets industry. In this area, the rapidly expanding residential sector is the primary factor that makes market growth. The adoption of modern kitchen faucets is growing with the aid of advanced technology, with the goal of enhancing the design and look of kitchens. Furthermore, this is expected to stimulate consumer growth and raise the demand for faucet taps in the coming years. In addition to North America, in the forecast years, Asia Pacific is also expected to report a strong demand for kitchen faucets.
Key Market Players
The major players in the market are Lixil Group Corporation, Hansgrohe Group, Masco Corporation, Fortune Brands, Spectrum Bands, TOTO, Roca Sanitario, S.A., Jaquar Group and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Piling Machine Market: https://www.expertmarketresearch.com/reports/piling-machine-market
Concrete Floor Coatings Market: https://www.expertmarketresearch.com/reports/concrete-floor-coatings-market
India Sand Market: https://www.expertmarketresearch.com/reports/india-sand-market
Land Survey Equipment Market: https://www.expertmarketresearch.com/reports/land-survey-equipment-market
Heavy Construction Equipment Market: https://www.expertmarketresearch.com/reports/heavy-construction-equipment-market
Seamless Pipes Market: https://www.expertmarketresearch.com/reports/seamless-pipes-market
Modular Construction Market: https://www.expertmarketresearch.com/reports/modular-construction-market
Green Concrete Market: https://www.expertmarketresearch.com/reports/green-concrete-market
Electroluminescent (EL) Panels Market: https://www.expertmarketresearch.com/reports/electroluminescent-el-panels-market
Precipitated and Hydrated Silica Market: https://www.expertmarketresearch.com/reports/precipitated-and-hydrated-silica-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Expert Market Research
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
0 Comments:
Post a Comment