iCrowd Newswire
17 May 2022, 23:47 GMT+10
According to a new report published by Allied Market Research, titled, "New Zealand Bathroom Products Market by Price Point, Application, Distribution Channel, Type: Global Opportunity Analysis and Industry Forecast, 2021-2030," The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape.
The New Zealand bathroom products market size was valued at $358.5 million in 2020, and is estimated to reach $772.2 million by 2030, registering a CAGR of 8.0% from 2021 to 2030.
Bathroom products have become essential bathroom accessories used in routine life. Bathroom products such as faucets, showers, bathtubs, and basins are commonly made up of ceramic, stone, glass, wood, metal, and other materials. Bathroom products accessories are available in different designs and styles that are used for different purposes and with convenience of people.
According to New Zealand bathroom products market trends, on the basis of type, the toiletries segment has highest share in product market. Awareness and consciousness of population regarding cleanliness and sanitation is the major factor that boosts the New Zealand bathroom products market growth.
Presently, owing to the rise in cases of the deadly coronavirus, washing hands and maintain hygiene and cleanliness in public areas is of utmost importance and has also been mandated by the WHO as basic means to avoid the spread of the diseases. Hence, demand for sanitization products such as hand washes, which are basically liquid soaps has increased, which, in turn, propels the market growth.
Request Sample Report: https://www.alliedmarketresearch.com/request-sample/16385
On the basis of application, the commercial segment was the significant contributor to the market, with $91.8 million in 2020, and is estimated to reach $208.3 million by 2030, at a CAGR of 8.5% during the forecast period. The segment witnessed a major growth rate, owing to the growing tourism and hospitality sector. Expansions of the hotel & quick services restaurants are significant users of bathroom products. Furthermore, luxury hotels are major buyers for luxury price point bathroom products, which is expected to support growth of the New Zealand bathroom products market.
Players operating in the New Zealand bathroom products industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market.
The key players profiled in this report include:
• Atherna Bathrooms• Felton Industries Ltd• Foreno Tapware• GWA Group Limited• Heirloom International Ltd.• Kohler Co.• NZ Glass• Robertson Bathware• Sussex Taps• The Procter And Gamble Company.
Key Findings Of The Study • The New Zealand bathroom products market was valued at $358.5 million in 2020, and is estimated to reach $772.2 million by 2030, registering a CAGR of 8.0% from 2021 to 2030.• By distribution channel, the B2B segment is estimated to witness considerable growth, registering a CAGR of 7.8% during the forecast period.• By price point, the premium segment is estimated to witness considerable growth, registering a CAGR of 8.8% during the forecast period.• In 2020, depending on application, the commercial segment was valued at $91.8 million, accounting for 25.6% of the New Zealand bathroom products market share.• In 2020, depending on type, the basin & bathtubs segment was valued at $99.8 million, accounting for 27.8% of the market share.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/16385
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Tags: Bathroom Products, Bathroom, Faucets & Showers, Soap Dispensers, Basin & Bathtubs, New Zealand Bathroom Products, #New Zealand, Bathroom Accessories
See Campaign: https://www.alliedmarketresearch.com/new-zealand-bathroom-products-market-A16016
Contact us:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022|
UK: +44-845-528-1300 |
Hong Kong: +852-301-84916 |
India (Pune): +91-20-66346060 |
Fax: +1-855-550-5975
Email: [email protected]
Tags:PR-Wirein, Financial Content, iCN Internal Distribution, Research Newswire, EnglishGet a daily dose of International Technology news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.
More InformationKupwara (Jammu and Kashmir) [India], April 30 (ANI): Tangdhar is a remote village in the Kupwara District, which has long struggled...
New Delhi [India], April 30 (ANI): Ahead of the World Audio Visual & Entertainment Summit (WAVES) 2025, Tejas Networks and Intel today...
Sharjah [UAE], April 29 (ANI/WAM): The Sharjah Museums Authority (SMA) is participating in the ongoing Arabian Travel Market (ATM)...
Millions of people in Spain, Portugal, and Andorra were left without electricity today following a major power outage, Euronews reported....
Beijing [China], April 28 (ANI): The Chinese Foreign Ministry on Monday rejected US President Donald Trump's claim that his Chinese...
Mumbai (Maharashtra) [India], April 28 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Monday hit out at senior Congress leader...
SHANGHAI, China: BMW is set to incorporate artificial intelligence from Chinese startup DeepSeek into its upcoming vehicle models in...
DUBLIN, Ireland: Social media companies could soon be required to disable addictive algorithm-driven feeds for children, under a new...
New Delhi [India], April 30 (ANI): The Press Information Bureau (PIB) has issued a clarification refuting social media rumours that...
New Delhi [India], April 30 (ANI): Israeli Embassy in India on Wednesday denied issuing a note verbale to Ministry of External Affairs,...
New Delhi [India], April 30 (ANI): Congress President Mallikarjun Kharge on Wednesday extended wishes of Akshaya Tritiya, wishing happiness,...
New Delhi [India], April 30 (ANI): Union Consumer Affairs and Food Minister Pralhad Joshi on Wednesday morning hit out at Congress...