Minechem

Edition_3

Edition_3

Market Trends in Sanitaryware production :

  • Sustainability: There is a growing demand for eco-friendly and sustainable sanitaryware products, driving the adoption of materials with lower environmental impact.
According to a report by Grand View Research, the global green building materials market, including sustainable sanitaryware, is projected to reach $364.6 billion by 2028, growing at a CAGR of 11.2% from 2021 to 2028.
  • Advanced Technologies:Manufacturers are increasingly integrating advanced technologies such as 3D printing and digital modeling to enhance product design and customization.
The 3D printing market in the construction industry, which includes sanitaryware production, is expected to grow at a CAGR of 19.8% from 2021 to 2028, as per a report by MarketsandMarkets.
  • Smart Sanitaryware: The market is witnessing a rise in smart sanitaryware products with features like automated flushing, sensor-based controls, and water-saving mechanisms.
Research from Transparency Market Research suggests that the global smart bathroom market, including smart sanitaryware, is anticipated to reach $977.2 million by 2027, growing at a CAGR of 9.8% from 2020 to 2027.
  • Aesthetic Appeal: Consumers are placing a higher emphasis on aesthetics and design, leading to a demand for innovative shapes, colors, and textures in sanitaryware products.
A study by Global Industry Analysts Inc. projects the global market for decorative laminates, which are often used in sanitaryware design, to reach $44.3 billion by 2026, with a compound annual growth rate (CAGR) of 3.7% from 2021 to 2026.
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