Home > Consumer Goods & Services > Home Improvement > Fixtures and Fittings > Smart Bathroom Products Market
Smart Bathroom Products Market size was valued at USD 7 billion in 2023 and is estimated to register a CAGR of over 8.8% between 2024 and 2032. Sanitary devices are considered an essential part of consumer lifestyles and an insight into their individual preferences. Currently, appliances in bathrooms have changed significantly due to technological developments.
The need for smart bathrooms has also increased significantly in smart cities as residents place high importance on adopting cutting-edge technology in their homes. All the above-mentioned factors along with growing disposable incomes are driving the market demand. Customers are mainly concerned about water and energy conservation, which has further increased interest in smart bathroom facilities that use resources efficiently. Additionally, the focus of bathroom fixture makers has shifted from traditional accessories to sensor-enabled products because of technological improvements, further fueling market growth.
Smart bathrooms refer to a broad category of cutting-edge items including sensor-enabled hand dryers, touchless faucets, temperature-controlled smart showers, and other innovative goods that improve hygiene & convenience in the bathroom.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Smart Bathroom Products Market Size in 2023: | USD 7 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 8.8% |
2024 – 2032 Value Projection: | USD 16 Billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 161 |
Tables, Charts & Figures: | 212 |
Segments covered: | Product Type, Application, Distribution Channel, Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Smart bathroom products pose challenges for price sensitive customers. The initial cost of setting up and the maintenance of smart bathroom products can be high. Also, it can affect the quality of the products as well if not compatible enough. Therefore, customers may change their taste or preference when buying smart bathroom products.