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By 2023, the bathroom vanity market had grown to a value of $8.62 billion. During the projection period (2024–2031), the bathroom vanity industry is expected to expand from $8.49 billion in 2024 to $13.19. This is a compound yearly growth rate (CAGR) of 7.6%. The growing hotel and leisure sectors are fueling the need for vanity units in bathrooms.
A sink and accompanying storage space, either above or below the sink, make up a bathroom vanity. It hides the exposed piping and provides storage, making the space appear more organized and efficient. Medicines, personal care items, and hygiene supplies often find a home in bathroom vanities. One distinguishing feature of bathroom vanities compared to counters is the presence or absence of sinks. On the other hand, sinks are an integral part of every bathroom vanity. It is usual practice to purchase bathroom vanities in colors and materials that coordinate with the existing decor of the room, and they are available in a range of sizes to accommodate bathrooms of varying dimensions.
The growing popularity of home improvement projects has led to an uptick in the installation of bathroom vanities. Sales of bathroom vanities have been on the rise recently, and experts believe that this trend will persist as long as people are willing to spend money on home décor. Around 55% of the world's population resided in urban areas in 2018, but by 2050, experts predict that number will rise to over 68%. Real estate, restaurants, hotels, hospitals, clinics, and other establishments that need a variety of furniture, particularly bathroom vanities, stand to benefit from this movement. Global demand for bathroom vanities is being driven in part by the increasing number of people living in urban areas.
Bathroom vanities, like other eco-friendly home furnishings, have been more popular. In the United States, for example, nearly all respondents (97%) would be interested in buying eco-friendly furniture for their homes if the price and style were comparable, according to a 2021 SFC study. The same poll also found that 87% of people would pay an extra 5–10% for eco-friendly furniture, which includes items for the bathroom.
There is a wide variety of bathroom vanity types and designs that customers worldwide prefer. In order to keep up with customer demand, bathroom vanity manufacturers are often releasing new patterns, styles, and designs. On top of that, the retro style's distinctive look makes it a customer favorite. Customers seeking to include a touch of nostalgia into their bathrooms often choose for a bathroom vanity. In addition, the bathroom vanity industry is booming with styles including hygge, modern, contemporary, and Japanese. The shared traits of these styles include an emphasis on simplicity, minimalism, and clean lines. Even more so, gold is becoming a popular choice for fixtures in the kitchen and bathroom.
A bathroom vanity is a necessary fixture in any home, and its size, style, and material all have an impact on the bathroom's aesthetic and practicality. The installation of a bathroom vanity also has the added benefit of making the room feel more compact. Developed nations should see an increase in the demand for bathroom vanities as a result of growing property prices. It is expected that emerging nations will experience a rise in revenue development due to the upgrading and remodeling of existing restrooms. The market for bathroom vanities is expected to be driven by rising income levels, especially in developing nations, as well as by various promotional campaigns in the real estate business. In response to rising demand for eco-friendly materials, the price of conventional bathroom vanities is rising. Contemporary amenities, such as specialty countertops with sinks, are causing bathroom vanities to cost more. The most popular modern features among clients right now are laminates made of high-pressure plastic and glass with LED backlighting.
As more and more individuals are interested in house renovations and decor, the utilization of bathroom vanities is on the rise. Bathroom vanities have seen a little uptick in sales as of late, and industry watchers predict that this trend will persist so long as consumers are willing to shell out cash for new furniture. In 2018, almost 55% of the global population lived in cities; by the end of 2031, experts predict that number would rise to 68%. This trend bodes well for the home and hospitality industries, which include establishments like hotels, restaurants, hospitals, and clinics that require a wide range of furnishings, including vanities for bathrooms. Our salvaged wood and reclaimed steel industrial bathroom vanities have a unique combination of rustic charm and tough durability.
Report Coverage
Global Bathroom Vanities research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bathroom Vanities report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bathroom Vanities competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bathroom Vanities market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bathroom Vanities market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bathroom Vanities market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Master Brand Cabinets Inc, virtu usa, FUAO SANITARYWARE PRIVATE LIMITED, Bath Sense, Masco Corporation, Native Trails, Inc., Baden Haus S.P.A, Greentouch Home, Bertch Cabinet, LLC., Alya Bath, Silkroad Exclusive, Strasser, American Wood Mark Corporation
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Bathroom Vanities market based on the below-mentioned segments:
Global Bathroom Vanities Market, By Material
Wood
Others
Stone
Ceramic
Plastic
Global Bathroom Vanities market, By Application
Commercial
Household and Residential
Global Bathroom Vanities Market, By Distribution Channel
Offline Channels
Online Channels
Global Bathroom Vanities market, Regional Analysis
A sink and accompanying storage space, either above or below the sink, make up a bathroom vanity. It hides the exposed piping and provides storage, making the space appear more organized and efficient. Medicines, personal care items, and hygiene supplies often find a home in bathroom vanities. One distinguishing feature of bathroom vanities compared to counters is the presence or absence of sinks. On the other hand, sinks are an integral part of every bathroom vanity. It is usual practice to purchase bathroom vanities in colors and materials that coordinate with the existing decor of the room, and they are available in a range of sizes to accommodate bathrooms of varying dimensions.
The growing popularity of home improvement projects has led to an uptick in the installation of bathroom vanities. Sales of bathroom vanities have been on the rise recently, and experts believe that this trend will persist as long as people are willing to spend money on home décor. Around 55% of the world's population resided in urban areas in 2018, but by 2050, experts predict that number will rise to over 68%. Real estate, restaurants, hotels, hospitals, clinics, and other establishments that need a variety of furniture, particularly bathroom vanities, stand to benefit from this movement. Global demand for bathroom vanities is being driven in part by the increasing number of people living in urban areas.
Bathroom vanities, like other eco-friendly home furnishings, have been more popular. In the United States, for example, nearly all respondents (97%) would be interested in buying eco-friendly furniture for their homes if the price and style were comparable, according to a 2021 SFC study. The same poll also found that 87% of people would pay an extra 5–10% for eco-friendly furniture, which includes items for the bathroom.
There is a wide variety of bathroom vanity types and designs that customers worldwide prefer. In order to keep up with customer demand, bathroom vanity manufacturers are often releasing new patterns, styles, and designs. On top of that, the retro style's distinctive look makes it a customer favorite. Customers seeking to include a touch of nostalgia into their bathrooms often choose for a bathroom vanity. In addition, the bathroom vanity industry is booming with styles including hygge, modern, contemporary, and Japanese. The shared traits of these styles include an emphasis on simplicity, minimalism, and clean lines. Even more so, gold is becoming a popular choice for fixtures in the kitchen and bathroom.
A bathroom vanity is a necessary fixture in any home, and its size, style, and material all have an impact on the bathroom's aesthetic and practicality. The installation of a bathroom vanity also has the added benefit of making the room feel more compact. Developed nations should see an increase in the demand for bathroom vanities as a result of growing property prices. It is expected that emerging nations will experience a rise in revenue development due to the upgrading and remodeling of existing restrooms. The market for bathroom vanities is expected to be driven by rising income levels, especially in developing nations, as well as by various promotional campaigns in the real estate business. In response to rising demand for eco-friendly materials, the price of conventional bathroom vanities is rising. Contemporary amenities, such as specialty countertops with sinks, are causing bathroom vanities to cost more. The most popular modern features among clients right now are laminates made of high-pressure plastic and glass with LED backlighting.
As more and more individuals are interested in house renovations and decor, the utilization of bathroom vanities is on the rise. Bathroom vanities have seen a little uptick in sales as of late, and industry watchers predict that this trend will persist so long as consumers are willing to shell out cash for new furniture. In 2018, almost 55% of the global population lived in cities; by the end of 2031, experts predict that number would rise to 68%. This trend bodes well for the home and hospitality industries, which include establishments like hotels, restaurants, hospitals, and clinics that require a wide range of furnishings, including vanities for bathrooms. Our salvaged wood and reclaimed steel industrial bathroom vanities have a unique combination of rustic charm and tough durability.
Report Coverage
Global Bathroom Vanities research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bathroom Vanities report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bathroom Vanities competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bathroom Vanities market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Master Brand Cabinets Inc, virtu usa, FUAO SANITARYWARE PRIVATE LIMITED, Bath Sense, Masco Corporation, Native Trails, Inc., Baden Haus S.P.A, Greentouch Home, Bertch Cabinet, LLC., Alya Bath, Silkroad Exclusive, Strasser, American Wood Mark Corporation |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Bathroom Vanities Market from 2021 to 2031.
- Market Forecast for Bathroom Vanities Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Bathroom Vanities competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Bathroom Vanities
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bathroom Vanities market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bathroom Vanities market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Master Brand Cabinets Inc, virtu usa, FUAO SANITARYWARE PRIVATE LIMITED, Bath Sense, Masco Corporation, Native Trails, Inc., Baden Haus S.P.A, Greentouch Home, Bertch Cabinet, LLC., Alya Bath, Silkroad Exclusive, Strasser, American Wood Mark Corporation
Primary Target Market
- Market Players of Bathroom Vanities
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Bathroom Vanities market based on the below-mentioned segments:
Global Bathroom Vanities Market, By Material
Wood
Others
Stone
Ceramic
Plastic
Global Bathroom Vanities market, By Application
Commercial
Household and Residential
Global Bathroom Vanities Market, By Distribution Channel
Offline Channels
Online Channels
Global Bathroom Vanities market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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Through INFINITIVE Data Expert is a professional Market Research services, I will identify the bathroom vanities market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.