Bathroom Vanities Market to Reach USD 9.54 Billion By 2022 | Crystal Market research
A research study titled, “Bathroom Vanities Market by Material and
Application - Global Industry Analysis and Forecast to 2022” published by
Crystal Market Research, states that the Bathroom Vanities Market Is Projected
To Be Around $9.54 Billion By 2022.
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below link @ https://www.crystalmarketresearch.com/report/bathroom-vanities-market
Report Overview:
The Bathroom Vanities Market was worth USD 5.50 billion in the year of 2012 and
is expected to reach approximately USD 9.54 billion by 2022, while registering
itself at a compound annual growth rate (CAGR) of 5.08% during the forecast
period. A bathroom vanity can be characterized as the blend of the bathroom
basin or sink and the storage that encompasses it. It is for the most part
thought of similar to a bit of bathroom cabinetry that is intended to hold the
sink and cover the related pipes and in addition giving truly necessary
storage. The benchtop is additionally a critical piece of the bathroom vanity
and benchtops are accessible in wood, reconstituted stone, cement, laminate,
stone, and more. Bathroom vanities are produced using diverse materials however
they are normally resistant to moisture or water, since bathrooms are mostly
meant to be wet all the time. As the vanity is practically one of the main
centerpieces of the bathroom, you will find that they arrive in a stunning
scope of designs, sizes, and shapes.
Rising inclination towards green and eco-friendly materials, for example,
engineered stone and reused glass is anticipated to trigger the demand for the
bathroom vanities market. Increasing renovating and reconstruction activities
due to changing consumer inclinations is foreseen to supplement the demand for
bathroom vanities through the estimate time frame. Increasing demand for
formaldehyde free durable wood cabinets due to high level of awareness among
consumers is anticipated to upgrade product quality. Additionally, rapid
advancement of infrastructure in emerging economies is foreseen to positively
influence market development.
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Regional Outlook:
Asia Pacific represented more than 30 percent of the general share of the
overall industry in 2013 and is foreseen to witness high development because of
quick establishments of cabinets in new and existing homes and additionally
non-residential structures. China is relied upon to witness powerful demand; developing
urbanization is anticipated to help foundation advancement in the district.
North America is required to witness high development because of rising
customer demand towards premium bathroom highlights.
Major Market Players:
The major players in the market are Avanity Corporation, FOREMOST GROUPS INC,
Master Brand, Masco and American Woodmark. Geographically, the market is
segmented into Europe, North America, Asia Pacific and Rest of the world.
The global Bathroom Vanities Market
is segmented as follows :
By Material: Stone, Ceramic,
Glass, Wood, Metal
By Application: Residential,
Non-Residential
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