China is the world’s most populous country as well as the second largest global economy. Over the last decade, China has emerged as one the largest sanitary ware markets on account of rising disposable income of consumers and increasing urbanization. Moreover, with rising environmental concerns, Chinese consumers are increasingly opting for eco-friendly sanitary ware and bathroom fitting products, which can save up to 20% of total water consumption as compared to traditional products. Consequently, sanitary ware products such as low water consuming flushing systems and infrared controls, and sensor taps and showers are witnessing increasing market traction in Chinese sanitary ware market.
According to “China Sanitary Ware Market Forecast & Opportunities, 2020”, sanitary ware market in China is projected to witness a CAGR of over 14% during 2015-20. Growth in the market is anticipated on account of increasing hygiene consciousness, growing hospitality sector and growing inclination towards lifestyle oriented products. Segment-wise, Water Closets & Bidets is the most dominant segment in the country due to its high demand from residential and commercial sector. Region-wise, East China dominated the China sanitary ware market in 2014 and its dominance is anticipated to continue during the forecast period. Few of the leading players currently operating in the country’s sanitary ware market include Kohler, Toto, Roca, Arrow and Annwa.“China Sanitary Ware Market Forecast & Opportunities, 2020” discusses the following aspects of sanitary ware market in China:
- China Sanitary Ware Market Size, Share & Forecast
- Segmental Analysis –Water Closets & Bidets, Basins, Bathing Products & Urinals
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?- To gain an in-depth understanding of sanitary ware market in China
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, sanitary ware manufacturers and other stakeholders align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading players
- 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
Report Methodology The information contained in this report is based upon both primary and secondary research. Primary research included interviews with sanitary ware manufacturers, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.