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Water Sink Market Share

Report ID: GMI8715
Published Date: Mar 2024
Report Format: PDF

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Water Sink Market Share

Global Company Market Share Analysis (2023)

Key players involve in the water sink market are Kraus Plumbing LLC, Duravit AG, Franke Group, LIXIL Corporation, and Elkay Manufacturing Company accounting market share of 8-12% in 2023. Manufacturers in the market investing heavily in research and development to come up with new and improved sink designs that are not only aesthetically pleasing but also built with advanced technology. These manufacturers are also investing in partnerships and collaborations with popular home improvement shows and influencers to showcase their sinks in real-life settings. Manufacturers in the market are also competing on price, with many offerings competitive pricing strategies to attract price-sensitive consumers.

Water Sink Market Companies

Major companies operating in the water sink industry include:

Acorn Engineering Company, Inc.
Carysil
CERA
Duravit AG
Elkay Manufacturing Company
Franke Group
GROHE Pacific Pte Ltd.
Hindware Appliances
Kohler Co.
Kraus Plumbing LLC
LEFTON
LIXIL Corporation
Pelham & White Corp.
Ruvati
Sinkology

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Water sink market size was USD 9.5 billion in 2023 and is expected to register 5.6% CAGR from 2024-2032 owing to the rising urbanization and construction activities along with the development of new residential and commercial buildings worldwide.

The fixed water sink segment is expected to reach USD 12.4 billion by 2032 due to governments around the world implementing regulations and incentives to promote the use of water-efficient fixtures, including fixed water sinks.

Asia Pacific water sink industry is expected to record over USD 6.4 billion by 2032 due to rapid urbanization and economic development, leading to demand for new residential and commercial buildings in the region.

Carysil, CERA, Duravit AG, Elkay Manufacturing Company, Franke Group, GROHE Pacific Pte Ltd., Hindware Appliances, Kohler Co., Kraus Plumbing LLC, LEFTON, LIXIL Corporation, Pelham & White Corp., Ruvati, and Sinkology, are some of the major water sink companies worldwide.