The thermostatic bathtub shower mixer global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Thermostatic Bathtub Shower Mixer Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The thermostatic bathtub shower mixer market size has grown strongly in recent years. It will grow from $44.06 billion in 2023 to $49.11 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing demand for enhanced safety features, growth in urbanization, increasing disposable incomes, growth in the hospitality industry, and rise of sustainable products.
The thermostatic bathtub shower mixer market size is expected to see strong growth in the next few years. It will grow to $63.74 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growing customer desire for better bathing experiences, growing emphasis on luxury and convenience, increasing demand for smart and tech-enabled mixers, growing focus on water and energy conservation, and rising residential infrastructure. Major trends in the forecast period include technological advancements, multi-functional bathrooms, integration with smart home systems, water-efficient designs, and touchless technologies.
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Scope Of Thermostatic Bathtub Shower Mixer Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Thermostatic Bathtub Shower Mixer Market Overview
Market Drivers –
The rising residential and commercial infrastructure is expected to propel the growth of the thermostatic bathtub shower mixer markets going forward. Residential and commercial infrastructure includes essential systems and facilities that support living spaces and business operations. The rising residential and commercial infrastructure is driven by urban population growth and increasing investments in real estate development. Thermostatic bathtub shower mixers enhance comfort and safety by maintaining consistent water temperatures, reducing the risk of scalding. Their efficiency and ease of use contribute to the appeal of modern residential and commercial infrastructures, supporting the growth of both sectors. For instance, in September 2024, according to the US Census Bureau, a US-based government agency, construction spending was estimated at a seasonally adjusted annual rate of $2,162.7 billion in July 2024, marking a 6.7 percent increase (±1.8 percent) compared to the $2,027.4 billion spent in July 2023. For the first seven months of this year, total construction spending reached $1,237.5 billion, up 8.8 percent (±1.2 percent) from the $1,137.4 billion spent during the same period in 2023. Therefore, rising residential and commercial infrastructure drives the thermostatic bathtub shower mixer markets.
Market Trends –
Major companies operating in the thermostatic bathtub shower mixer market are developing technologically advanced products, such as cool touch technology integrated mixer showers, to enhance user safety by keeping the exterior of the shower cool to the touch, even at high water temperatures. Cool Touch technology integrated mixer showers are designed with a safety feature that prevents the outer surface of the shower from becoming excessively hot, even when the water temperature is high. For instance, in February 2022, Gainsborough Showers, a UK-based provider of electric and mixer showers, launched a range of mixer showers. The new mixer shower range offers three premium models that feature thermostatic temperature control with cool touch technology, ensuring safe family showering and enhanced peace of mind. Customers can select from high-pressure dual outlet showers available in round or square designs, or opt for a single outlet bar mixer model that features an integrated soap dish. The round-head showers come with a versatile three-spray mode handset, while the collection also includes a space-saving manual mixer shower ideal for smaller bathrooms or over-bath use. Each model is equipped with a stainless steel rail, a chrome ribbed hose, a convenient push-button handset holder, and rub-clean jets for easy maintenance.
The thermostatic bathtub shower mixer market covered in this report is segmented –
1) By Type: Freestanding, Wall Mounted, Deck Mounted
2) By Product: Single Lever Mixer, Two Handle Mixer, Other Products
3) By Application: Home, Commercial
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Regional Insights –
North America was the largest region in the thermostatic bathtub shower mixer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thermostatic bathtub shower mixer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the thermostatic bathtub shower mixer market are Inter IKEA Systems B.V, Grohe AG, Kohler Company, Toto Limited, Roca Group, Hansgrohe SE, Ideal Standard International, Villeroy & Boch AG, Rak Ceramics, Duravit AG, Jaquar Group, Dornbracht Group, Bristan Group Limited, Kludi GmbH & Co. KG, Crosswater Limited, Hudson Reed, Flova, Nuie, VADO, Premium-Plumbing.co, Fima Carlo Frattini S.p.A., Sagittarius Bathroom Products Limited, Gessi S.p.A., Fabbrica Italiana Rubinetterie
Table of Contents
- Executive Summary
- Thermostatic Bathtub Shower Mixer Market Report Structure
- Thermostatic Bathtub Shower Mixer Market Trends And Strategies
- Thermostatic Bathtub Shower Mixer Market – Macro Economic Scenario
- Thermostatic Bathtub Shower Mixer Market Size And Growth
…..
- Thermostatic Bathtub Shower Mixer Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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