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Europe Water Sink Market – Industry Trends and Forecast to 2029

  • FMCG
  • Upcoming Report
  • May 2022
  • Europe
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Europe Water Sink Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 14633.34 Million
Diagram Market Size (Forecast Year) USD 20493.58 Million
Diagram CAGR %

Europe Water Sink Market, By Type (Bathroom Sink, Kitchen Sink), Material (Stainless Steel, Acrylic, Glass, Porcelain, Fireclay, Others), Distribution Channel (Distributors/Wholesalers, Multibrand Stores, Franchisee Stores, Specialized Stores, E-commerce), End-User (Shopping Malls, Hospitality, Corporate and Government Offices, Households, Public Toilets, Educational Facilities, Food Service, Others) – Industry Trends and Forecast to 2029

Market Analysis and Size

A water sink is an essential accessory or component of any bathroom or kitchen. It is also referred to as a washbasin or a washbowl. The water sinks are made of various materials, including stainless steel, ceramic, and artificial stone. These sinks are available in a variety of sizes and shapes, as well as advanced technology.

Data Bridge Market Research analyses that the water sink market was valued at USD 14633.34 million in 2021 and is expected to reach the value of USD 20493.58 million by 2029, at a CAGR of 4.3% during the forecast period of 2022 to 2029.

Market Definition

A water sink is a useful addition to any bathroom or kitchen. It is also referred to as a washbowl or a washbasin. Water sinks are made of a variety of materials, including stainless steel, copper, quartz, fireclay, cast iron, ceramic, stainless steel, and artificial stone. They also come in a variety of sizes and shapes. Water sinks can be used to clean washing utensils, wash hands, and dispose of waste. Furthermore, water sinks can be used to save the most amount of water and are equipped with the most recent technology for consumers to carry out their work in the surrounding areas easily.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Bathroom Sink, Kitchen Sink), Material (Stainless Steel, Acrylic, Glass, Porcelain, Fireclay, Others), Distribution Channel (Distributors/Wholesalers, Multibrand Stores, Franchisee Stores, Specialized Stores, E-commerce), End-User (Shopping Malls, Hospitality, Corporate and Government Offices, Households, Public Toilets, Educational Facilities, Food Service, Others),

Countries Covered

Russia, Germany, France, U.K., Turkey, Spain, Italy, Netherlands, Switzerland, Belgium, Rest of Europe

Market Players Covered

Blanco (U.S), Elkay Manufacturing Company (U.S), Franke home solutions (U.S), Huida Sanitary Ware Co., Ltd. (China), JULIEN INC. (Canada), Kohler Co. (U.S), Kraus USA Plumbing LLC (U.S), LIXIL Corporation (U.S), Mountain Plumbing Products (U.S), Roca Sanitario, S.A. (Spain)

Opportunities

  • Incorporation of warm and natural elements as well as earthen luxury components
  • Consumers are increasingly looking for materials derived from nature or that mimic the appearance of nature
  • Growing trend toward aesthetic appeal in the home

Europe Water Sink Market Dynamics

Drivers

  • Rise in the per capita income

Rising per capita incomes in emerging countries and a growing preference for monochrome style water sinks in the commercial and residential sectors are expected to drive global market growth over the forecast period. Furthermore, the growing trend toward aesthetic appeal in the home and rising preference for nature-based interior designs among people all over the world are key factors driving the target market's growth.

  • Growing trend towards interior designing and awareness of various types of water sinks

Increased awareness of various types of water sinks, such as wall mount water sinks, under-mount water sinks, top-mount water sinks, and drop-in water sinks, is driving up demand for water sinks. This is another important factor that is expected to boost global market growth. Additionally, rising awareness of smart sinks and their additional features such as liquid soap dispensing and hand drying is expected to drive growth in the global water sink market over the forecast period.

Furthermore, rising awareness of the AER-DEC integrated sink system, which is widely used in the commercial sector such as SPAs, salons, hotels, and restaurants, is one of the key factors expected to propel global market growth over the next ten years.

Opportunities

Companies in the water sink market have been taking a more environmentally friendly approach in recent years, which includes incorporating warm and natural elements and earthen luxury components, particularly in the household and hospitality sectors. Consumers are increasingly looking for materials derived from nature or that mimic the appearance of nature. This makes kitchens and bathrooms appear more appealing and spacious. The warmth of water's wooden surfaces adds a natural touch to home interiors.

Restraints

However, the rising occurrence of failures and complications associated with the installation of technologically advanced water sinks and the high cost associated with advanced water sinks are key factors expected to restrain global market growth to some extent.

This water sink market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Water Sink market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Water Sink Market

The Coronavirus has spread throughout the world, and most countries are implementing lockdown measures to control the virus's spread and protect public health. Corona has an impact on everything from dining tables to the economy. All business and production activities have been completely halted, with the exception of those that are absolutely necessary, such as the food and medical sectors, resulting in an economic crisis in the country. Manufacturing and production functions have been halted, slowing down businesses, and inactive trade and transportation have completely disrupted the supply chain, causing companies to face significant losses in the future.

Recent Developments

  • Blanco America, Inc. introduced the coal-black SILGRANIT Color, patented material sink in March 2021, claiming it to be stronger and more durable than other sinks. The product features SILGRANIT's Hygenic Plus surface formula, which acts as a barrier against bacteria and dirt and can reduce bacterial growth by up to 98 %.

Europe Water Sink Market Scope

The water sink market is segmented on the basis of type, material, distribution channel and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Bathroom Sink
  • Kitchen Sink

Material

  • Stainless Steel
  • Acrylic
  • Glass
  • Porcelain
  • Fireclay
  • Others

Distribution channels

  • Distributors/Wholesalers
  • Multibrand Stores
  • Franchisee Stores
  • Specialized Stores
  • E-commerce

End-user

  • Shopping Malls
  • Hospitality
  • Corporate and Government Offices
  • Households
  • Public Toilets
  • Educational Facilities
  • Food Service
  • Others

Water Sink Market Regional Analysis/Insights

The water sink market is analysed and market size insights and trends are provided by country, type, distribution channel, application and end-user as referenced above.

The countries covered in the water sink market report are Russia, Germany, France, U.K., Turkey, Spain, Italy, Netherlands, Switzerland, Belgium, Rest of Europe.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Water Sink Market Share Analysis

The water sink market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to water sink market.

Some of the major players operating in the water sink market are:

  • Blanco (U.S)
  • Elkay Manufacturing Company (U.S)
  • Franke home solutions (U.S)
  • Huida Sanitary Ware Co., Ltd. (China)
  • JULIEN INC. (Canada)
  • Kohler Co. (U.S)
  • Kraus USA Plumbing LLC (U.S)
  • LIXIL Corporation (U.S)
  • Mountain Plumbing Products (U.S)
  • Roca Sanitario, S.A. (Spain)


SKU-

TABLE 1 IMPORT DATA OF SINK AND WASHBASINS, OF STAINLESS STEEL; HS CODE - 732410 (USD BILLION)

TABLE 2 EXPORT DATA SINK AND WASHBASINS, OF STAINLESS STEEL; HS CODE - 732410 (USD BILLION)

TABLE 3 EUROPE PRODUCTION OF STAINLESS STEEL, BY COUNTRY, 2017-2018 (THOUSAND TONS)

TABLE 4 U.S. STATES WITH SINK INSTALLATION COST IN 2018 (USD)

TABLE 1 EUROPE WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 2 EUROPE WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 3 EUROPE KITCHEN SINK IN WATER SINK MARKET, BY REGION, 2018-2027 (MILLION UNITS)

TABLE 4 EUROPE KITCHEN SINK IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 5 EUROPE KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 6 EUROPE BATHROOM SINK IN WATER SINK MARKET, BY REGION, 2018-2027 (MILLION UNITS)

TABLE 7 EUROPE BATHROOM SINK IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 8 EUROPE BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 9 EUROPE WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 10 EUROPE STAINLESS STEEL IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 11 EUROPE ACRYLIC IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 12 EUROPE GLASS IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 13 EUROPE PORCELAIN IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 14 EUROPE FIRECLAY IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 15 EUROPE OTHERS IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 16 EUROPE WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 17 EUROPE DISTRIBUTORS/WHOLESALERS IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 18 EUROPE MULTIBRAND STORES IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 19 EUROPE FRANCHISEE STORES IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 20 EUROPE SPECIALIZED STORES IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 21 EUROPE E-COMMERCE IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 22 EUROPE WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 23 EUROPE HOUSEHOLDS IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 24 EUROPE SHOPPING MALLS IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 25 EUROPE HOSPITALITY IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 26 EUROPE CORPORATE AND GOVERNMENT OFFICES IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 27 EUROPE PUBLIC TOILETS IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 28 EUROPE EDUCATIONAL FACILITIES IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 29 EUROPE FOOD SERVICE IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 30 EUROPE OTHERS IN WATER SINK MARKET, BY REGION, 2018-2027 (USD MILLION)

TABLE 31 EUROPE WATER SINK MARKET, BY COUNTRY, 2018-2027 (MILLION UNITS)

TABLE 32 EUROPE WATER SINK MARKET, BY COUNTRY, 2018-2027 (USD MILLION)

TABLE 33 EUROPE WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 34 EUROPE WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 35 EUROPE KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 36 EUROPE BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 37 EUROPE WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 38 EUROPE WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 39 EUROPE WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 40 RUSSIA WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 41 RUSSIA WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 42 RUSSIA KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 43 RUSSIA BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 44 RUSSIA WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 45 RUSSIA WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 46 RUSSIA WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 47 GERMANY WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 48 GERMANY WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 49 GERMANY KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 50 GERMANY BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 51 GERMANY WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 52 GERMANY WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 53 GERMANY WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 54 FRANCE WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 55 FRANCE WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 56 FRANCE KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 57 FRANCE BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 58 FRANCE WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 59 FRANCE WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 60 FRANCE WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 61 U.K. WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 62 U.K. WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 63 U.K. KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 64 U.K. BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 65 U.K. WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 66 U.K. WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 67 U.K. WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 68 TURKEY WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 69 TURKEY WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 70 TURKEY KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 71 TURKEY BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 72 TURKEY WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 73 TURKEY WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 74 TURKEY WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 75 SPAIN WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 76 SPAIN WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 77 SPAIN KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 78 SPAIN BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 79 SPAIN WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 80 SPAIN WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 81 SPAIN WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 82 ITALY WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 83 ITALY WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 84 ITALY KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 85 ITALY BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 86 ITALY WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 87 ITALY WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 88 ITALY WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 89 NETHERLANDS WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 90 NETHERLANDS WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 91 NETHERLANDS KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 92 NETHERLANDS BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 93 NETHERLANDS WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 94 NETHERLANDS WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 95 NETHERLANDS WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 96 SWITZERLAND WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 97 SWITZERLAND WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 98 SWITZERLAND KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 99 SWITZERLAND BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 100 SWITZERLAND WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 101 SWITZERLAND WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 102 SWITZERLAND WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 103 BELGIUM WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 104 BELGIUM WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 105 BELGIUM KITCHEN SINK IN WATER SINK MARKET, BY KITCHEN SINK TYPE, 2018-2027 (USD MILLION)

TABLE 106 BELGIUM BATHROOM SINK IN WATER SINK MARKET, BY BATHROOM SINK TYPE, 2018-2027 (USD MILLION)

TABLE 107 BELGIUM WATER SINK MARKET, BY MATERIAL, 2018-2027 (USD MILLION)

TABLE 108 BELGIUM WATER SINK MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD MILLION)

TABLE 109 BELGIUM WATER SINK MARKET, BY END-USER, 2018-2027 (USD MILLION)

TABLE 110 REST OF EUROPE WATER SINK MARKET, BY TYPE, 2018-2027 (MILLION UNITS)

TABLE 111 REST OF EUROPE WATER SINK MARKET, BY TYPE, 2018-2027 (USD MILLION)

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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Europe Water Sink Market is expected to reach the value of USD 20493.58 million by 2029
The Europe Water Sink Market to grow at a CAGR of 4.3% by 2029.
The major players operating in the water sink market are Blanco (U.S), Elkay Manufacturing Company (U.S), Franke home solutions (U.S), Huida Sanitary Ware Co., Ltd. (China), JULIEN INC. (Canada), Kohler Co. (U.S), Kraus USA Plumbing LLC (U.S), LIXIL Corporation (U.S), Mountain Plumbing Products (U.S), Roca Sanitario, S.A. (Spain).
The rising occurrence of failures and complications associated with the installation of technologically advanced water sinks and the high cost associated with advanced water sinks are key factors expected to restrain global market growth to some extent.
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