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Kitchen Faucets Market Share

Report ID: GMI4998
Published Date: Dec 2023
Report Format: PDF

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Kitchen Faucets Market Share

The Kitchen Faucets market is highly fragmented owing to the presence of several market players. Major companies operating in the market are Moen Incorporated, Delta Faucet Company, Kohler Co., accounting over 45% market share in the year 2023. The major market players are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.

Companies offer a wide range of kitchen faucet styles and designs, from traditional to modern, and cater to a variety of budgets. They also invest heavily in research and development, which allows them to introduce innovative new products to the market. For instance, Moen may have a higher market share in North America, while Grohe may be more popular in Europe. Additionally, the market share of companies that specialize in high-end kitchen faucets may be different from the market share of companies that focus on more affordable options.

Kitchen Faucets Market Companies

Major players operating in the Kitchen Faucets industry include:

Moen Incorporated
Delta Faucet Company
Kohler Co.
Carrier Global Corporation
Jaquar Group

Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

Global market for kitchen faucets was USD 6.9 billion in 2023 and is expected to register over 9.7% CAGR from 2024-2032 due to the rising focus of manufacturers on developing cutting-edge products to draw a sizable customer base worldwide.

The pull down faucets segment recorded USD 2 billion in 2023 and is expected to register appreciable CAGR from 2024-2032 owing to their variable ability of spouts and spraying patterns for cleaning purposes.

Asia Pacific held 34% share of the industry in 2023 and is expected to register commendable CAGR from 2024-2032 due to the rapid urbanization followed by various new infrastructure patterns in the region.

Moen Incorporated, Delta Faucet Company, Kohler Co., Carrier Global Corporation, and Jaquar Group are some of the major kitchen faucet companies worldwide.