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Faucets Market Share

Report ID: GMI9897
Published Date: Jun 2024
Report Format: PDF

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Faucets Market Share

Faucets Company Market Share Analysis (2023)

The market is fragmented, with prominent players, such as Lixil Group, Kohler Co., Jaquar, Colston, and Roca Bathroom Products Pvt. Ltd. (Parryware, holding a market share of 30-40%. To meet the growing consumer demand, manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaboration, to consolidate their position in the market. For instance, in January 2014, LIXIL acquired Grohe, further strengthening its position in the global faucet market. LIXIL acquired a 56.2% interest in GROHE, making it a subsidiary.

Faucets Market Companies

Major players operating in the faucets industry include:

Chicago Faucets
Colston
Delta Faucet Company
Gerber Plumbing Fixtures
Grohe America Inc
Hansgrohe
Jaquar
Kohler Co.
Lixil Group
Masco Corporation
Moen Incorporated
Roca Bathroom Products Pvt. Ltd. (Parryware)
Roca Sanitario S.A
Signature Hardware
Sloan

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The faucets market was valued at USD 18 billion in 2023 and is anticipated to register 8.3% CAGR between 2024 and 2032, driven by the rising demand for renovation & remodeling activities in the residential sector.

Pull-down faucets industry generated a revenue of over USD 5.4 billion in 2023 and is expected to reach USD 11.6 billion by 2032, attributed to the compelling blend of functionality and ergonomic design of these faucets.

Asia Pacific faucets market size was USD 6.3 billion in 2023, and is expected to reach USD 13.7 billion by 2032, driven by the growing desire for premium home improvement products.

Chicago Faucets, Colston, Delta Faucet Company, Gerber Plumbing Fixtures, Grohe America Inc, Hansgrohe, Jaquar, and Kohler Co. among others.