Bathroom Remodeling Market - By Type (Fixtures, faucets & showerheads, cabinets & vanities, lighting, wall coverings, flooring, doors and windows) By Material, By End use (Residential, Commercial), By distribution channel & Forecast, 2024 – 2032

Bathroom Remodeling Market Size

Bathroom Remodeling Market was valued at USD 384.21 billion in 2023 and is anticipated to register a CAGR of 4.1% between 2024 and 2032. The bathroom remodeling is specified as renovating and upgrading bathroom spaces of residential and many commercial spaces.
 

Remodeling focuses on upgrading bathroom products such as bathroom fixtures which involves sinks, bathtubs, toilets etc.ad other exterior factors such as lightening, flooring and doors also. The market is experiencing growth due to the increasing interest of consumers in home upgradation. The interest is driven by the comfort and convenience and a luxury living experiences these products offer.
 

Consumers lifestyles have been shifted towards luxury living, rising disposable income contributes to the growth of the market. The ability of consumers to spend more in home improvements projects to improve their overall lifestyles is increasing the demand of upgrading the bathroom spaces.
 

Furthermore, technological advancement in bathroom products is also contributing to the growth of the bathroom remodeling industry. There is an growing trends in smart home technologies consumers are adapting. Manufacturers are coming up with smart bathroom products such as motion sensor faucets and smart toilets which not only improve the living standards but also contributes to save the energy and water as well.
 

Market faces a major challenge is the rapidly changing consumer preferences and trends. This is challenge for the manufacturers as they need to constantly upgrade themselves with the materials used and designs going on trendy with the changing consumer preferences to remain competitive in the market.
 

Bathroom Remodeling Market Trends

In bathroom remodeling industry manufacturers are coming up with innovative technologies which provides a luxury spa like experience to consumers at their home. Consumers are investing in luxury bathtubs with heated water system and warm showerheads. This provides an extra comfort and improves bathing experience of consumers. Additionally soft lighting and smart technology integrated bathroom further adds to the luxury experiences.
 

For instance, Roca launched a smart shower with can be controlled through a mobile device for selecting the water temperature and flow of water. It also adds a feature of auto filling the tub with water at a required temperature in advance as per the time set. All these adds convivence to the consumers lifestyles and provides a luxury experience further contributing to the growth of market.
 

Bathroom Remodeling Market Analysis

Based on product type, market is segmented into fixtures, faucets & showerheads, cabinets & vanities, lighting, wall coverings, floorings, doors and windows and others. The fixtures segment dominated the market in 2023, generating a revenue exceeding USD 99.13 billion, and is expected to reach more than USD 147.07 billion by 2032. This dominance is due to the wide range of bathroom essentials under fixtures segment which plays an important role in bathroom spaces.
 

Based on the material type, bathroom remodeling market is segmented into stainless steel, stone, ceramic, glass and metal. The stainless-steel segment emerged as a dominant segment in 2023 generating a revenue of USD 78.21 billion and is expected to reach more than USD 115.5 billion by 2032. The stainless-steel material dominance is due to the durability and strength. Stainless steel is known as very durable and water resistance. These are used for long term durability in bathroom spaces. Additionally stainless steel are corrosion and rust resistance which makes them suitable to operate in water environment and moisturized.
 

Furthermore, stainless steel has versatility to use in wide range of application such as sinks, faucets, shower heads and others etc. This adaptability and versatility make stainless steel preferred by manufacturers and consumers. Additionally, glass materials are preferred due to the ease of maintenance as well and for the luxury appealing factors.
 

Asia Pacific emerged as the dominant region, generating a substantial revenue of USD 142.6 billion in 2023, and is expected to reach USD 209.8 billion by 2032. The region has higher disposable income among the consumers wo are looking forward to investing in home improvement projects.
 

Furthermore, rapid technological advancements in the Asia Pacific region are growing the bathroom remodeling market. Preferences towards luxury living is rapidly growing where consumers are having higher disposable incomes and high standards of living further influencing consumers to invest in home remodeling activities contributing to the growth of market.
 

North America: The U.S. dominated the North America bathroom remodeling industry with a revenue of around USD 56.94 billion in 2023 and is expected to reach around USD 74.5 billion by 2032.This dominance is due to region emphasis on health and wellness of consumers. Consumers are more conscious towards their health and wellness where consumers are investing in home improvement activities and renovation which includes having a spa like experiences at their home US manufactures are forefront of innovation, they are continuously developing technologies to attract the consumers.
 

Europe: Germany led the Europe market with a revenue of around USD 27.34 billion in 2023 and is expected to reach around USD 40.85 billion by 2032, growing at a CAGR of 4.6 %. Germany has a strong focus on historic architecture influencing manufactures to cater the need of historic architecture bathroom look in bathroom remolding market. Environmental concern manufacturing base for kitchen appliances including hand blenders for efficient production processes.
 

Asia Pacific: China dominated the Asia Pacific bathroom remodeling market with revenue of around USD 47.27 Billion in 2023 and is expected to reach around USD 71.15 Billion by 2032. The country’s has large consumer market demanding for advanced bathroom products. China is also known as technological hub where manufactures are investing heavily in research and development of new products and features to cater the growing demand of consumers. China is the first who introduced the smart bathroom products such as smart showers, and toilets.
 

Bathroom Remodeling Market Share

Global market is fragmented with prominent players, such as Masco corporation, Lowe’s companies, the Home Depot inc, Anderson corporation, Saint-Gobain SA Holding a market share of 6%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.
 

Bathroom Remodeling Market Companies

Major players operating in bathroom remodeling industry include:

• Delta Faucet Company
• Duravit AG
• Elkay Manufacturing Company
• Gessi S.p.A.
• Grohe AG
• Hansgrohe SE
• Hindware Homes
• Ideal Standard International
• Jaquar Group
• Kohler Co.
• LIXIL Corporation
• Masco Corporation
• Moen Incorporated
• Roca Sanitario S.A.
• Teka Group
   

Bathroom Remodeling Industry News

• Heritage B has announced the divestment of teka group to Midea. This transaction will help teka to enhance the company competitive position.
   
• In December 2023, kolher launched terminal 01 installation at design Miami 2023, which included two bright orange faucets which has scarph angles to have a streamlined flow of water.
   
• In August 2023, Duravit AG has planned to design the world’s first climate neutral ceramic production facility in Quebec. Canada will be the first country in the world to produce carbon neutral ceramics.
   
• In December 2020, Delta faucet announced the signing of agreement for acquiring Kraus which manufactures high quality sinks and faucets.
   

Global bathroom remodeling market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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Market, By Type

• Fixtures
  • Toilets
  • Sinks
  • Bathtubs
  • Showers
  • Others
• Faucets and showerheads
• Cabinets and vanities
• Lighting
• Wall coverings
• Flooring
• Doors and windows
• Accessories (Towel racks, Mirrors, etc.)

Market, By Material

• Stainless steel
• Stone
• Ceramic
• Glass
• Metal
• Others

Market, By End use

• Residential
• Commercial

Market, By Distribution channel

• Direct Sales
• Indirect Sales

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Indonesia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA