Global bathroom wall cabinet market is segmented on the basis of material type, application,
and geography. Bathroom wall cabinet, as the name suggests, is a cabinet placed
in a bathroom. It is generally placed above the toilet and made to hold toiletries,
medications, and hygiene-oriented products. In the market there are various
ranges of bathroom wall cabinets available; which would be best-suited for a
multitude of bathrooms; small or big and modern or traditional.
The bathroom wall
cabinet market is expected to grow due to increase in housing development
projects that demand high end household facilities; especially in the
developing countries such as India and China. Besides, there has been an
increase in the users’ preference for functional bathrooms with modern
amenities, thereby compelling the homemakers provide luxurious bathroom
furniture and the other facilities at home.
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Additionally, the
manufacturers are designing modern bathrooms by different styles and patterns
of bathroom wall cabinets of different materials. The increase in overheads in
bathroom wall cabinets is attributed to the rise in premium quality products
incorporated in the bathroom renovation along with quality of the furniture and
material used.
Increase in
demand for customized materials such as lava stone, engineered stone, marble,
granite and so on; owing to large range of patterns, price affordability and
accountability of these products in bathroom wall cabinets market is expected
to drive the market in the years to come. Also, product innovations by the
manufacturers are important with respect to the increase in cost of the
products.
Based on material
type, bathroom wall cabinet market is segmented into stone, ceramic, wood,
glass, metal, and so on. The segment “wood” accounts for the largest share of
the bathroom wall cabinets market. However, “stone” segment in expected to grow
at the highest CAGR in the next couple of years. Based on application, bathroom
wall cabinets market is segmented into residential and non-residential.
The “residential”
segment accounts for the largest share of the bathroom wall cabinets market.
The high demand for bathroom wall cabinets in residential application has increased
extensively over the past few years due to growing demand from new house
constructions and
renovations of old properties. Based on geography, bathroom wall cabinets
market is segmented into North America, Asia Pacific, Europe, Latin America,
and Middle East & Africa.
Asia Pacific
holds the largest market share for bathroom wall cabinets. This growth is
attributed to the rising demand from developing countries like India and China
due to surging real estate industry and developing infrastructure facilities in
both countries. Asia Pacific is expected to grow at the highest rate in the
upcoming years. Key players operating in the bathroom wall cabinet market are
Annwa Ceramic Sanitaryware Co. Ltd, Kohler Co., MASCO Corp, ARROW Electronics
Inc., and Faenza Ceramics Co., Ltd.
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