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A research study titled, “Bathroom Vanities Market by Material and Application - Global Industry Analysis and Forecast to 2022” published by Crystal Market Research, states that the Bathroom Vanities Market Is Projected To Be Around $9.54 Billion By 2022.
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5.08% and Forecast to 2022
A research study titled, “Bathroom Vanities Market by Material and Application - Global
Industry Analysis and Forecast to 2022” published by Crystal Market Research, states that the
Bathroom Vanities Market Is Projected To Be Around $9.54 Billion By 2022.
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The Bathroom Vanities Market was worth USD 5.50 billion in the year of 2012 and is expected
to reach approximately USD 9.54 billion by 2022, while registering itself at a compound annual
growth rate (CAGR) of 5.08% during the forecast period. A bathroom vanity can be
characterized as the blend of the bathroom basin or sink and the storage that encompasses it. It is
for the most part thought of similar to a bit of bathroom cabinetry that is intended to hold the
sink and cover the related pipes and in addition giving truly necessary storage. The benchtop is
additionally a critical piece of the bathroom vanity and benchtops are accessible in wood,
reconstituted stone, cement, laminate, stone, and more. Bathroom vanities are produced using
diverse materials however they are normally resistant to moisture or water, since bathrooms are
mostly meant to be wet all the time. As the vanity is practically one of the main centerpieces of
the bathroom, you will find that they arrive in a stunning scope of designs, sizes, and shapes.
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Rising inclination towards green and eco-friendly materials, for example, engineered stone and
reused glass is anticipated to trigger the demand for the bathroom vanities market. Increasing
renovating and reconstruction activities due to changing consumer inclinations is foreseen to
supplement the demand for bathroom vanities through the estimate time frame. Increasing
demand for formaldehyde free durable wood cabinets due to high level of awareness among
consumers is anticipated to upgrade product quality. Additionally, rapid advancement of
infrastructure in emerging economies is foreseen to positively influence market development.
Asia Pacific represented more than 30 percent of the general share of the overall industry in 2013
and is foreseen to witness high development because of quick establishments of cabinets in new
and existing homes and additionally non-residential structures. China is relied upon to witness
powerful demand; developing urbanization is anticipated to help foundation advancement in the
district. North America is required to witness high development because of rising customer
demand towards premium bathroom highlights.
Major Market Players:
The major players in the market are Avanity Corporation, FOREMOST GROUPS INC, Master
Brand, Masco and American Woodmark. Geographically, the market is segmented into Europe,
North America, Asia Pacific and Rest of the world.
The global Bathroom Vanities Market is segmented as follows :
By Material: Stone, Ceramic, Glass, Wood, Metal
By Application: Residential, Non-Residential
Purchase the report @ https://www.crystalmarketresearch.com/checkout/HI10275
About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting
services to help clients make more informed decisions. It provides both syndicated as well as
customized research studies for its customers spread across the globe. The company offers
market intelligence reports across a broad range of industries including healthcare, chemicals &
materials, technology, automotive, and energy.
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