Global Residential Faucet Market Outlook 2018-2023

The global residential faucet market is expected to grow at a staggering CAGR during the forecast period. A faucet is used for regulation of any liquid or gaseous release. It comprises several components that include mixing chamber, spout, handle, cartridge, water inlets, and aerator. Faucets are available in various styles and color and finishes in order to cater to demand from consumers.

Technically, the valves of the faucet open when the handle of the faucet is turned on; which further regulates the flow according to the user’s need. Residential faucets are available in single or dual control. Under single control, a metal or a plastic core is mounted top operate vertically whereas dual control uses metal ball having spring loaded rubber seals attached to the body of faucet.

Residential faucet market is driven by significant growth in real estate industry and rise in disposable income. Change in consumer lifestyle and experience to international brands empowers the faucets industry.Rise in investment by private players and growing urbanization is more likely to propel the residential faucets industry. Government support and increase in brand awareness is more likely to pump the market growth. However, stringent laws and regulations for water conservation is more likely to impede the market growth in the forecast period.

Application category for market comprises bathroom & kitchen. Product segmentation for market entails in manual and electronic. By material, the market comprises metal and plastics. By type, the market is segmented into one-hand mixer and two-hand mixer.

Geographical segmentation for residential faucet market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. Growing disposable income of consumers in Asia-Pacific regions supplement the market growth in this region. North America regions are expected to dominate the market due to presence of industrial support, technology and consumer preference for color, style and equipment. The key players in the residential faucet market report are Lixil Group Corporation, Kohler Co, Paini, Fortune Brands Home & Security Inc, Hansgrohe SE, TOTO Ltd, Roca Sanitario S.A., and ZucchettiRubinetteria S.p.A.

The Global Market for residential faucet to 2023 offers detailed coverage of residential faucet industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading residential faucet producers to provide exhaustive coverage of the residential faucet.

Report contents include
- Analysis of the residential faucet market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on residential faucet including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
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