Smart Bathroom Market is projected to grow at a CAGR of 8.56% through 2031
The rising prominence of multifunctionality
bathroom fixtures, growing penetration of smart homes in developing and
developed countries across the globe are driving the global smart bathroom
market during the forecast period.
According to TechSci Research report, “Smart Bathroom
Market–Global Industry Size, Share, Trends, Competition, Opportunity, and
Forecast, 2021-2031F,” The Global Smart Bathroom Market will grow from USD
10.41 Billion in 2025 to USD 17.04 Billion by 2031 at a 8.56% CAGR. The
need for convenient and smart devices is being driven by the Internet of
Things' (IoT) continuous advancement. Due to changing lifestyles, consumption
patterns, and preferences, people today demand smart bathrooms with
automation, including touchless systems in bathrooms and smart technology
in living areas, and bathrooms. Additionally, as the living standard of
people is rising, people prefer smart bathroom amenities like smart toilets and
showers, which has increased demand for smart bathrooms in both developing
countries.
Another effect of growing environmental awareness is the
use of energy-efficient or sustainable bathroom equipment with high
functionality and insulation, such as smart faucets, taps, showers, and smart
lights, which aid in water conservation and minimize carbon footprint. All
these factors are anticipated to increase demand for smart bathrooms throughout
the forecast period. For instance, in January 2020, Kohler Co. introduced its
most advanced toilet, i.e., Kohler Numi Intelligent Toilet. It has a sleek design,
interactive LCD touch-screen interface, built-in personal bidet functionality,
and a deodorizer. Also, it is equipped with innovative dual-flush technology
with 0.6 and 1.28 gallons per flush, an intuitive auto-open and -close lid, and
a heated seat and foot warmer.
Moreover, growing concerns regarding water wastage also
drive the demand for smart and digital plumbing fixtures. These fixtures help
minimize water wastage and offer high efficacy in terms of performance. Market
players have been incorporating unique features such as remote control, digital
control, and interface, multi-stage battery level display, and auto flush to
make bathroom fixtures more attractive for consumers. Such technological
advancements enable numerous benefits, such as enhanced hygiene, water
efficiency, and energy savings.
From composting to low flush to dual flush, several market
players are developing smart toilets with water-saving technologies owing to
the rise in demand for these products and rising awareness among consumers
about the importance of saving water to cope with its scarcity and ensure
sustainability. Some of the most widely adopted smart toilets with water-saving
technology are TOTO Ultramax II, Kohler Highline Arc Comfort Height, TOTO Drake
II, and America Standard H2Option Dual Flush. Smart toilets allow only 1.28 GPF
(Gallons Per Flush) or less, whereas traditional toilets allow 1.6–3.5 GPF of
water. The Environmental Protection Agency (EPA) certifies WaterSenseto the
toilets to consume 1.28 GPF or less. This certification helps consumers select
water-efficient products that are beneficial for the environment and help
reduce overall expenses.
Browse over XX market data Figures spread
through XX pages and an in-depth TOC on "Global
Smart Bathroom Market"
The global smart bathroom market is segmented based on
product type, price range, end user, distribution channel, region, and
competitional landscape. Based on product type, the market is further
fragmented into smart toilet seats, smart urinal, smart shower, smart faucets,
smart mirror, others (smart soap dispenser, smart hand dryer). Based on the
price range the market segment is divided into mass and premium. Based on the
end user the market is segmented into hotels & resorts, food service,
airport, healthcare, residential, others (education, malls, railways etc.).
Based on the distribution channel the market is divided into retail,
direct sales, distributor & dealer, online.
Smart bathroom products such as toilet, faucets, bathtubs,
and mirrors have become a style statement across several countries, including
the US, the U.K., China, India, and Japan. Plumbers, builders, and interior
designers are increasingly focusing on providing trendy and innovative products
such as smart toilets, showers, faucets, and mirrors with an integrated setup.
Another consumer trend that has gained momentum is the rise in demand for
products that save energy and water. Such products are beneficial for the
environment and also help reduce expenses of the consumers. The implementation
of legislation and various government initiatives has also created awareness
among consumers about the need for water conservation. A growing preference for
products that help conserve water and energy drives the demand for smart
bathroom products.
Key market players in the global smart bathroom
market include:
- Kohler
Co
- Toto
Ltd
- Lixil
Group Corporation
- Roca
Sanitario, S.A.
- American
Standard Companies, Inc.
- Moen
Incorporated
- Spectrum
Brands Holdings, Inc.
- Cera
Sanitaryware Limited
- Empire
Kitchen & Bath, Ltd.
- Hollowell
Plumbing, Inc.
Various International and domestic companies are trying to
enhance their market reach through mergers and acquisitions as well as
increasing their R&D investment within the market. For instance, in 2021,
Roca Group, a designer, manufacturer, and marketer of bathroom products,
acquired the German manufacturer Sanit. Through the acquisition, the company
will be able to establish specialized competence centers for several bathroom
product categories and improve its position as a global player. Also, in 2021,
Kohler Co. announced several new additions to its smart home portfolio with a
focus on personal wellbeing. It introduced four new products during the
first-ever virtual CES: Stillness Bath, Innate Intelligent Toilet, Touchless
Bathroom Faucet collection, and two new products emerging from a collaboration
with Phyn.
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Smart products are also highly adopted by the elderly
population, especially in countries like Japan and the US. Temperature, water
flow, and voice control are some of the features that drive the growth of smart
bathroom products among the elderly.
“The rise in consumer income and their desire to create
smart, energy-efficient bathrooms are driving the growth of the smart
bathroom market. Additionally, the development of the smart bathroom market is
facilitated by technological advancements and the introduction of
sensor-enabled devices. Moreover, the expansion of the smart bathroom industry,
is expected to be constrained by expensive installation and maintenance costs,”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“Smart Bathroom Market – Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, Segmented By Product
Type (Smart Toilet Seats, Smart Urinal, Smart Shower, Smart Faucets, Smart
Mirror, Others (Smart Soap Dispenser, Smart Hand Dryer)), By Price Range (Mass,
Premium), By End User (Hotels & Resorts, Food Service, Airport, Healthcare,
Residential, Others (Education, Malls, Railways etc.)) By Distribution Channel
(Retail, Direct Sales, Distributor & Dealer, Online), By Region
2021-2031F,”, has evaluated the future growth potential of
global smart bathroom market and provides statistics and information on market
structure, size, share, and future growth. The report is intended to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities present in the
global smart bathroom market.
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