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Bathroom Wall Cabinet Market Study by Price, Revenue and Gross Margin Analysis by 2021

Global Bathroom Wall Cabinet Market is segmented on the basis of material type, application, and geography.
Satish Inamdar | 27.10.2017
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Global Bathroom Wall Cabinet Market is segmented on the basis of material type, application, and geography. Bathroom wall cabinet, as the name suggests, is a cabinet placed in a bathroom. It is generally placed above the toilet and made to hold toiletries, medications, and hygiene-oriented products. In the market there are various ranges of bathroom wall cabinets available; which would be best-suited for a multitude of bathrooms; small or big and modern or traditional.

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The bathroom wall cabinet market is expected to grow due to increase in housing development projects that demand high end household facilities; especially in the developing countries such as India and China. Besides, there has been an increase in the users’ preference for functional bathrooms with modern amenities, thereby compelling the homemakers provide luxurious bathroom furniture and the other facilities at home.

Additionally, the manufacturers are designing modern bathrooms by different styles and patterns of bathroom wall cabinets of different materials. The increase in overheads in bathroom wall cabinets is attributed to the rise in premium quality products incorporated in the bathroom renovation along with quality of the furniture and material used.

Increase in demand for customized materials such as lava stone, engineered stone, marble, granite and so on; owing to large range of patterns, price affordability and accountability of these products in bathroom wall cabinets market is expected to drive the market in the years to come. Also, product innovations by the manufacturers are important with respect to the increase in cost of the products.

Based on material type, bathroom wall cabinet market is segmented into stone, ceramic, wood, glass, metal, and so on. The segment “wood” accounts for the largest share of the bathroom wall cabinets market. However, “stone” segment in expected to grow at the highest CAGR in the next couple of years. Based on application, bathroom wall cabinets market is segmented into residential and non-residential.

The “residential” segment accounts for the largest share of the bathroom wall cabinets market. The high demand for bathroom wall cabinets in residential application has increased extensively over the past few years due to growing demand from new house constructions and renovations of old properties. Based on geography, bathroom wall cabinets market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

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Asia Pacific holds the largest market share for bathroom wall cabinets. This growth is attributed to the rising demand from developing countries like India and China due to surging real estate industry and developing infrastructure facilities in both countries. Asia Pacific is expected to grow at the highest rate in the upcoming years. Key players operating in the bathroom wall cabinet market are Annwa Ceramic Sanitaryware Co. Ltd, Kohler Co., MASCO Corp, ARROW Electronics Inc., and Faenza Ceramics Co., Ltd.

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