China has emerged as the manufacturing hub for domestic and overseas faucet manufacturers as companies like Jomoo, Toto, Moen, Kohler, etc., have set up their manufacturing units in the country.The demand for faucets in China is largely driven by the channel sales because of its mass market reach, however the institutional sales channels are also anticipated to gain market share in the China’s faucets market during the forecast period because of growing commercial and hospitality sectors.
According to “China Faucets Market Forecast & Opportunities, 2018”,the demand for bathroom faucets is highest in China, however, with the growing restaurant and residential sectors, the demand for kitchen faucets is also expected to increase during the next five years. The China’s faucets market is forecast to grow at a CAGR of about 16% during 2013-18. The demand for advanced technology based faucets such as sensor based, thermostatic faucets, etc., is also anticipated to increase in China during the next five years on account of increasing per capita income and changing lifestyles. “China Faucets Market Forecast & Opportunities, 2018” discusses the following aspects:
Why You Should Buy This Report?
- China Faucets Market Size, Share & Forecast
- Segmental Analysis – Kitchen and Bathroom Faucets
- Policy & Regulatory Environment
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Report Methodology The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with faucets manufacturers and channel partners in China. Secondary research included an exhaustive search of relevant publications such ascompany annual reports, financial reports and paid databases. Analyst access from TechSci Research All report purchases include up to 45 minutes telephone time with our Industry Analyst, who will help you to link key findings in the report with the business issues you're addressing. This needs to be used within two months of purchasing the report.
- To gain an in-depth understanding of faucets market in China
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, manufacturers and other stakeholders to align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing materials
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs