Sep 20, 2017   SOURCE: BusinessWire

Top 5 Vendors in the Bathroom Sinks Market: Technavio

Technavio has announced the top five leading vendors in their recent global bathroom sinks market report from 2017-2021. This research report also lists 10 other prominent vendors that are expected to impact the market during the forecast period.

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Technavio has published a new report on the global bathroom sinks market from 2017-2021. (Graphic: B ...

Technavio has published a new report on the global bathroom sinks market from 2017-2021. (Graphic: Business Wire)

The growth of the bathroom sink market is driven by increasing commercial construction activities as well as growing building refurbishment activities and consciousness toward hygiene. In APAC, the growth of the bathroom sink market is majorly fueled by increasing construction activities. The region is expected to be the single largest market for bathroom sinks during the forecast period.

APAC is the single largest and fastest growing market during the forecast period owing to the massive consumption from China and growing residential projects in India and Indonesia. The residential sector is witnessing huge growth in the US and in emerging nations such as India and Indonesia.

Competitive vendor landscape

According to the report, the global bathroom sinks market is dominated by both international and regional players. There are many small manufacturers of bathroom sinks that are regionally dominant in countries such as China and South Korea. Majority of market share is held by the top five vendors, globally.

“As bathroom products are design-oriented, quality matters a lot in these products owing to which there is a significant price difference between top manufacturers and local manufacturers. Increasing investments in infrastructural development across regions are expected to increase the demand for bathroom sinks,” says Anju Ajaykumar, a lead construction research analyst from Technavio.

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Top five bathroom sinks market vendors

Kohler

Kohler is one of the leading players in the bathroom sink market. It operates through four segments, namely kitchen and bath, power, decorative products, and hospitality. The company manufactures and distributes kitchen and bath products, furniture, engines and power systems, cabinetry, and tiles.

LAUFEN Bathrooms

LAUFEN Bathrooms is a Swiss-based company that manufactures sanitary ceramics, bathroom furniture, bathtubs, complete baths, and bathroom accessories. LAUFEN Bathrooms is the premium brand under the ROCA umbrella, one of the leading manufacturers with a global distribution network.

LIXIL Group

LIXIL Group is a global company in the housing and building industry. The company was established in 2011 through a merger of five of Japan's most successful building materials and housing companies. The company has acquired some of the major players in recent times such as American Standard, GROHE, and the Permasteelisa.

Moen

Moen is a part of Fortune Brands home and security company and offers a diverse range of kitchen and bath faucets, showerheads, accessories, bath safety products, garbage disposals, and kitchen sinks for residential and commercial applications. Each product caters ideal combination, innovation, useful features, and lasting value.

TOTO

TOTO manufactures housing equipment, building material, ceramic products, and plumbing system solutions. It operates through 69 offices across the world and owns manufacturing facilities in Japan, China, Mexico, the US, and Europe. It has a network of more than 80 production facilities worldwide.

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