Bathroom
Wall Cabinets 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.
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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