Europe Luxury Plumbing Fixtures Market
Europe Luxury Plumbing Fixtures Market - By Type (Bathroom Fixtures (Showerheads, Toilet, Bathtub, Others (Faucets, Sinks)), Kitchen fixtures (Sinks, Faucets)); By End User (Residential, Non-Residential); By Country (Germany, UK, Italy, France, Spain, the Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: February 2023
- Report ID: BWC23144
- Available Format: PDF
- Page: 240
Report Overview
Growing spending on home construction, renovation, and modernization, an increasing focus on luxury housing and smart homes, and urban redevelopment projects across Türkiye and Ukraine could boost the growth of Europe Luxury Plumbing Fixtures Market during the forecast period between 2023 and 2029.
Europe Luxury Plumbing Fixtures Market - Industry Trends & Forecast Report, 2029
Europe luxury plumbing fixtures market size was estimated at USD 4.03 billion in 2022. During the forecast period between 2023 and 2029. Europe luxury plumbing fixtures market size is projected to grow at a CAGR of 4.32% reaching a value of USD 5.4 billion by 2029. The major factors driving the growth of Europe luxury plumbing fixtures market are an increasing demand for luxury residences and building renovations owing to rapid urbanization and rising income levels. Also, government organizations in various nations are spending money on infrastructure expansion, which helps the market expand. Hotels, gyms, and spa resorts are examples of non-residential structures that use bathtubs, showers, and other plumbing equipment to increase visitor satisfaction. This is encouraging the market's expansion along with people's increasing attention to their health and wellness. Eco-friendly plumbing solutions are becoming more popular since they are less expensive, have a smaller carbon footprint, function better, and waste less water and energy. Several manufacturers are providing high-grade commercial plumbing fittings, which is improving the market outlook.
Europe Luxury Plumbing Fixtures Market - Overview
Plumbing fixtures are interchangeable devices that are connected to a network of pipes that transport water throughout a building. They are made of smooth, non-corrosive, non-absorbent, anti-microbial materials that facilitate cleaning. They are installed in the drainage system of commercial facilities, houses, hospitals, schools, and other buildings' kitchens, bathrooms, and washrooms. Sinks, toilets, urinals, faucets, showers, bathtubs, water closets, washbasins, and flushing cisterns are some of the most common plumbing fixtures. Modern bathrooms are made of fiberglass, acrylic, enamel, cast iron, steel, and opulent waterproof wood, and they have overflows, drains, and taps to help with water delivery and drainage.
Growth Drivers
Higher Disposable Income
Rising disposable income among people in Europe is primarily responsible for the growth in the region’s luxury plumbing fixtures market. High-end plumbing fixtures and accessories, including taps, showers, baths, and others, are now in higher demand.
Growing Understanding of Sanitation and Hygiene
Across Europe, people are increasingly aware of the importance of sanitation and hygiene. Luxury plumbing fittings that provide greater hygiene and sanitation amenities are now more in demand due to this.
Increasing Adoption of Technology Advancements
Technology developments have led to the introduction of novel goods into the market for luxury plumbing fixtures. Growing adoption of these products include characteristics that provide customers with more convenience and comfort, which increases consumer demand for luxury plumbing fixtures across Europe.
Restraints
Rising Cost of Raw Materials
The high cost of raw materials is likely to stymie the growth of Europe luxury plumbing fixtures market. The price trend of luxury plumbing fixtures will be influenced by high and fluctuating raw material costs. The industry's major challenge is the time-consuming certification and standardization process to ensure safety and security. Also, strict regulations imposed on the quality of materials used in bathroom and kitchen fixtures, such as lead, tin, and nickel, are expected to limit the product range.
Opportunities in Country-wide Urban Redevelopment Projects in Türkiye and Ukraine
Major companies in Europe luxury plumbing fixtures market are expected to gain from lucrative opportunities provided by the massive infrastructure redevelopment projects in earthquake-hit Türkiye and war-ravaged Ukraine.
In Türkiye, analysts estimated that the urban redevelopment across the country post the earthquake would provide huge opportunities for the construction and related industries in total investment of more than USD 250 billion. On February 06, 2023, a 7.8-magnitude of earthquake hit Türkiye and Syria, killing tens of thousands of people and severely damaging infrastructure in cities and villages across its fault line. The President of Türkiye announced that the government would engage in a comprehensive construction program to rebuild cities with safety and sustainability.
In Ukraine, Russia’s war in the country has been continuing for more than a year now. Consequently, infrastructure across Ukraine has been severely damaged. In September 2022, Ukraine government, the European Commission, and the World Bank, along with their partners estimated the cost of Ukraine’s reconstruction and recovery would be about USD 350 billion. As the war continues, the cost is anticipated to escalate.
Massive redevelopment and recovery projects in Türkiye and Ukraine are expected to provide lucrative growth opportunities for construction and supplementary industries. It, in turn, is projected to aid the growth of Europe luxury plumbing fixtures market during the forecast period between 2023 and 2029 and beyond.
Impact of COVID-19 on Europe Luxury Plumbing Fixtures Market
The COVID-19 pandemic's lockdown regulations forced plant closures, which had a major influence on the production of luxury plumbing fixtures. Lack of raw materials was another effect of the supply chain disruption, which limited market growth. Restrictions imposed by lockdowns across countries affected supply chains. Interruptions in production services brought on by rigorous lockdown rules and social distance norms have also contributed to gaps in the worldwide inventory supply chains for the luxury plumbing fixtures business.
Europe Luxury Plumbing Fixtures Market
Segmental Coverage
Europe Luxury Plumbing Fixtures Market - By Type
Europe luxury plumbing fixtures market by type is divided into Bathroom Fixtures (Showerheads, Toilet, Bathtub, Others (faucets and sinks)) and Kitchen Fixtures (Sinks and Faucets). Bathroom fixtures, particularly showerheads, generated significant revenue in 2022. The growth of showerhead segment is heavily reliant on the health of the housing and construction industries. Showerheads are being driven by the introduction of smart cities and homes, an expanding hospitality sector, and an increasing upper middle-class population with materialistic lifestyles. Also, water-saving showers and showers with superior style, design, and functionality drive market growth. Product innovations, such as multiple, low flow, rain showerheads, digitally controlled spray configurations, therapeutic lights, and eco-friendly showerheads also contribute to the growth of the Europe luxury plumbing fixtures market.
Europe Luxury Plumbing Fixtures Market - By End User
Based on end user, Europe luxury plumbing fixtures market is divided into Residential and Non-residential segments. Due to the growth in real estate, the residential segment is forecast to grow at a significant rate in the market. The market for luxury plumbing fittings is projected to be driven by the rising population along with increased construction and modernization activities. The segment will grow as a result of rapid urbanization, consumer preference for modern architecture, and advancements in home technology. Due to the exhausting residential construction areas, the ability to occupy little space and ease of installation is predicted to drive the luxury plumbing fittings market growth.
Europe Luxury Plumbing Fixtures Market - By Country
Europe luxury plumbing fixtures market covers the region’s major countries: Germany, UK, Italy, France, Spain, the Netherlands, Rest of Europe. Germany dominates Europe luxury plumbing fixtures market. The region is home to major economies with high levels of household spending and mature infrastructure sectors. Also, the UK holds the second-highest position in the luxury plumbing market. The European market is distinguished by strong intra-continental trade in goods, broad market access for businesses, and a high-income population as a result of European Union and Eurozone agreements. Given Western Europe's high-income levels, the market for bathroom accessories offers lucrative opportunities for companies in terms of high-end product offerings, innovative designs, and sophisticated distribution channels.
Competitive Landscape
Competition in Europe luxury plumbing fixtures market is intense. Major companies in the market include Culnat, Natphil Inc., Water Matrix, Aquabrass, Dahl Brothers (Canada) Ltd, Fiberez Bathware, The Noble Co., Matco-Norca, Rada Mechanical Products Ltd, and Falcon Waterfree Technologies. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.
Recent Developments
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In March 2020 - Vogue (UK) launched a new aluminum astute towel warmer. It is lightweight, making it suitable for installation on any type of internal wall.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Germany, UK, Italy, France, Spain, Netherlands, Rest of Europe |
Product/ Service Segmentation |
Type, End User, Country |
Key Players |
Culnat, Natphil Inc., Water Matrix, Aquabrass, Dahl Brothers (Canada) Ltd, Fiberez Bathware, The Noble Co., Matco-Norca, Rada Mechanical Products Ltd, Falcon Waterfree Technologies |
By Type
-
Bathroom fixtures
-
Showerheads
-
Toilet
-
Bathtub
-
Others (faucets, sinks)
-
Kitchen fixtures
-
Sink
-
Faucet
By End User
-
Residential
-
Non-residential
By Country
-
Germany
-
UK
-
Italy
-
France
-
Spain
-
The Netherlands
-
Rest of Europe
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Europe Luxury Plumbing Fixtures Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Customer’s Focus on Luxury Housing and Smart Homes
- Growing Customer Expenditure on Homes
- Restraints
- High Cost of Products
- Opportunities
- Rapid Urbanization
- Challenges
- Water Consumption Concern
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Europe Luxury Plumbing Fixtures Market Overview
- Market Type & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- Bathroom fixtures
- Showerheads
- Toilet
- Bathtub
- Others (faucets, sinks)
- Kitchen fixtures
- Sink
- Faucet
- Bathroom fixtures
- By End User
- Residential sector
- Non-residential sector
- By Country
- Germany
- UK
- Italy
- France
- Spain
- Netherlands
- Rest of Europe
- By Type
- Market Type & Forecast, 2019–2029
- Germany Luxury Plumbing Fixtures Market
- Market Type & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Type & Forecast, 2019–2029
- UK Luxury Plumbing Fixtures Market
- Market Type & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Type & Forecast, 2019–2029
- Italy Luxury Plumbing Fixtures Market
- Market Type & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Type & Forecast, 2019–2029
- France Luxury Plumbing Fixtures Market
- Market Type & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Type & Forecast, 2019–2029
- Spain Luxury Plumbing Fixtures Market
- Market Type & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Type & Forecast, 2019–2029
- Netherlands Luxury Plumbing Fixtures Market
- Market Type & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Type & Forecast, 2019–2029
- Rest of Europe Luxury Plumbing Fixtures Market
- Market Type & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Type & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Europe Luxury Plumbing Fixtures Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on Europe Luxury Plumbing Fixtures Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Culnat
- Natphil Inc.
- Water Matrix
- Aquabrass
- Dahl Brothers (Canada) Ltd
- Fiberez Bathware
- The Noble Co.
- Matco-Norca
- Rada Mechanical Products Ltd
- Falcon Waterfree Technologies
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information in case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Europe Luxury Plumbing Fixtures Segmentation
Figure 2 Europe Luxury Plumbing Fixtures Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Europe Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Figure 5 Europe Luxury Plumbing Fixtures Market Share, By Type, By Value, 2019–2029
Figure 6 Europe Luxury Plumbing Fixtures Market Share, By End User, By Value, 2019–2029
Figure 7 Europe Luxury Plumbing Fixtures Market Share, By Country, By Value, 2019–2029
Figure 8 Germany Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Figure 9 Germany Luxury Plumbing Fixtures Market Share, By Type, By Value, 2019–2029
Figure 10 Germany Luxury Plumbing Fixtures Market Share, By End User, By Value, 2019–2029
Figure 11 UK Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Figure 12 UK Luxury Plumbing Fixtures Market Share, By Type, By Value, 2019–2029
Figure 13 UK Luxury Plumbing Fixtures Market Share, By End User, By Value, 2019–2029
Figure 14 Italy Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Figure 15 Italy Luxury Plumbing Fixtures Market Share, By Type, By Value, 2019–2029
Figure 16 Italy Luxury Plumbing Fixtures Market Share, By End User, By Value, 2019–2029
Figure 17 France Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Figure 18 France Luxury Plumbing Fixtures Market Share, By Type, By Value, 2019–2029
Figure 19 France Luxury Plumbing Fixtures Market Share, By End User, By Value, 2019–2029
Figure 20 Spain Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Figure 21 Spain Luxury Plumbing Fixtures Market Share, By Type, By Value, 2019–2029
Figure 22 Spain Luxury Plumbing Fixtures Market Share, By End User, By Value, 2019–2029
Figure 23 Netherlands Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Figure 24 Netherlands Luxury Plumbing Fixtures Market Share, By Type, By Value, 2019–2029
Figure 25 Netherlands Luxury Plumbing Fixtures Market Share, By End User, By Value, 2019–2029
Figure 26 Rest of Europe Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Figure 27 Rest of Europe Luxury Plumbing Fixtures Market Share, By Type, By Value, 2019–2029
Figure 28 Rest of Europe Luxury Plumbing Fixtures Market Share, By End User, By Value, 2019–2029
List of Tables
Table 1 Europe Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Table 2 Europe Luxury Plumbing Fixtures Market Size, By Type, By Value, 2019–2029
Table 3 Europe Luxury Plumbing Fixtures Market Size, By End User, By Value, 2019–2029
Table 4 Europe Luxury Plumbing Fixtures Market Size, By Country, By Value, 2019–2029
Table 5 Germany Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Table 6 Germany Luxury Plumbing Fixtures Market Size, By Type, By Value, 2019–2029
Table 7 Germany Luxury Plumbing Fixtures Market Size, By End User, By Value, 2019–2029
Table 8 UK Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Table 9 UK Luxury Plumbing Fixtures Market Size, By Type, By Value, 2019–2029
Table 10 UK Luxury Plumbing Fixtures Market Size, By End User, By Value, 2019–2029
Table 11 Italy Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Table 12 Italy Luxury Plumbing Fixtures Market Size, By Type, By Value, 2019–2029
Table 13 Italy Luxury Plumbing Fixtures Market Size, By End User, By Value, 2019–2029
Table 14 France Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Table 15 France Luxury Plumbing Fixtures Market Size, By Type, By Value, 2019–2029
Table 16 France Luxury Plumbing Fixtures Market Size, By End User, By Value, 2019–2029
Table 17 Spain Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Table 18 Spain Luxury Plumbing Fixtures Market Size, By Type, By Value, 2019–2029
Table 19 Spain Luxury Plumbing Fixtures Market Size, By End User, By Value, 2019–2029
Table 20 Netherlands Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Table 21 Netherlands Luxury Plumbing Fixtures Market Size, By Type, By Value, 2019–2029
Table 22 Netherlands Luxury Plumbing Fixtures Market Size, By End User, By Value, 2019–2029
Table 23 Rest of Europe Luxury Plumbing Fixtures Market Size, By Value (USD Million), 2019–2029
Table 24 Rest of Europe Luxury Plumbing Fixtures Market Size, By Type, By Value, 2019–2029
Table 25 Rest of Europe Luxury Plumbing Fixtures Market Size, By End User, By Value, 2019–2029
Table 26 Culnat Company Overview
Table 27 Culnat Financial Overview
Table 28 Natphil Inc. Company Overview
Table 29 Natphil Inc. Financial Overview
Table 30 Water Matrix Company Overview
Table 31 Water Matrix Financial Overview
Table 32 Aquabrass Company Overview
Table 33 Aquabrass Financial Overview
Table 34 Dahl Brothers (Canada) Ltd Company Overview
Table 35 Dahl Brothers (Canada) Ltd Financial Overview
Table 36 Fiberez Bathware Company Overview
Table 37 Fiberez Bathware Financial Overview
Table 38 The Noble Co. Company Overview
Table 39 The Noble Co. Financial Overview
Table 40 Matco-Norca Company Overview
Table 41 Matco-Norca Financial Overview
Table 42 Rada Mechanical Products Ltd Company Overview
Table 43 Rada Mechanical Products Ltd Financial Overview
Table 44 Falcon Waterfree Technologies Company Overview
Table 45 Falcon Waterfree Technologies Financial Overview
Market Segmentation
By Type
-
Bathroom fixtures
-
Showerheads
-
Toilet
-
Bathtub
-
Others (faucets, sinks)
-
Kitchen fixtures
-
Sink
-
Faucet
By End User
-
Residential
-
Non-residential
By Country
-
Germany
-
UK
-
Italy
-
France
-
Spain
-
The Netherlands
-
Rest of Europe
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