Report Overview

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

• 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

By Type

• Bathroom fixtures

1. Showerheads

2. Toilet

3. Bathtub

4. Others (faucets, sinks)

• Kitchen fixtures

1. Sink

2. Faucet

By End User

• Residential

• Non-residential

By Country

• Germany

• UK

• Italy

• France

• Spain

• The Netherlands

• Rest of Europe

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Europe Luxury Plumbing Fixtures Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising Customer’s Focus on Luxury Housing and Smart Homes
         2. Growing Customer Expenditure on Homes
      2. Restraints
         1. High Cost of Products
      3. Opportunities
         1. Rapid Urbanization
      4. Challenges
         1. Water Consumption Concern
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Europe Luxury Plumbing Fixtures Market Overview
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Bathroom fixtures
            1. Showerheads
            2. Toilet
            3. Bathtub
            4. Others (faucets, sinks)
         2. Kitchen fixtures
            1. Sink
            2. Faucet
      2. By End User
         1. Residential sector
         2. Non-residential sector
      3. By Country
         1. Germany
         2. UK
         3. Italy
         4. France
         5. Spain
         6. Netherlands
         7. Rest of Europe
5. Germany Luxury Plumbing Fixtures Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By End User
6. UK Luxury Plumbing Fixtures Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By End User
7. Italy Luxury Plumbing Fixtures Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By End User
8. France Luxury Plumbing Fixtures Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By End User
9. Spain Luxury Plumbing Fixtures Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By End User
10. Netherlands Luxury Plumbing Fixtures Market
    1. Market Type & Forecast, 2019–2029
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Type
       2. By End User
11. Rest of Europe Luxury Plumbing Fixtures Market
    1. Market Type & Forecast, 2019–2029
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Type
       2. By End User
12. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Europe Luxury Plumbing Fixtures Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
13. Impact of Covid-19 on Europe Luxury Plumbing Fixtures Market
14. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Culnat
    2. Natphil Inc.
    3. Water Matrix
    4. Aquabrass
    5. Dahl Brothers (Canada) Ltd
    6. Fiberez Bathware
    7. The Noble Co.
    8. Matco-Norca
    9. Rada Mechanical Products Ltd
    10. Falcon Waterfree Technologies
    11. Other Prominent Players
15. Key Strategic Recommendations
16. Research Methodology
    1.  Qualitative Research
       1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*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