Bathroom Vanities Market Size, Segmentation To 2020: Grand View Research, Inc. - PowerPoint PPT Presentation

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Bathroom Vanities Market Size, Segmentation To 2020: Grand View Research, Inc.

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Title: Bathroom Vanities Market Size, Segmentation To 2020: Grand View Research, Inc.


1
Global Bathroom Vanities Market Expected To
Reach USD 8.40 Billion By 2020 Grand View
Research, Inc.
  • Grand View Research has announced the addition of
    "Global Bathroom Vanities
  • Market Analysis And Segment Forecasts To 2020"
    Market Research report to their Database

2
  • The global bathroom vanities market (
    http//www.grandviewresearch.com/industry-analysis
    /global-bathroom-vanities-market ) is expected to
    reach USD 8.40 billion by 2020, according to a
    new study by Grand View Research, Inc. Increasing
    reconstruction and remodeling activities owing to
    changing consumer preferences is anticipated to
    spur market growth over the forecast period.
    Growing demand for functional bathrooms may
    promote the installation of specialized
    countertops which incorporate sinks. Advances are
    expected to driven by rising bathroom remodeling
    expenditure, which may outpace other housing
    improvement expenditures. 
  • Proliferation of eco-friendly materials such as
    engineered stone and recycled glass for
    countertop applications may drive the bathroom
    vanities market. Recycled high density
    polyethylene materials, glass with LED
    backlighting and high-pressure plastic laminates
    are various advanced countertop features that are
    expected to boost volume demand for the material
    used. 
  • Health concerns due to the use of urea
    formaldehyde which is a resin used to bind the
    fibers are expected to hamper market growth
    through the forecast period. However, the U.S.
    Environmental Protection Agency (EPA) is
    currently developing compliance and testing
    provisions for various standards. Additionally,
    increasing number of wood products and finished
    goods in California, are becoming CARB (Califonia
    Air Resource Board) compliant which is expected
    to yield opportunities for the bathroom vanities
    market.

3
  • Further key findings from the study suggest
  • The residential application segment accounted
    for majority of the market in 2013 and is further
    expected to generate high revenue through the
    forecast period. Rising demand for new housing
    and remodeling activities has led to significant
    increase in the market penetration in the
    residential sector. Design trends for large
    storage cabinets and medications are also to
    promote gains.
  • Non-residential application segment is expected
    to witness growth over the forecast period.
    Rising healthcare, offices, education, and retail
    shop construction spending is expected to support
    demand for bathroom vanities, as these structures
    incorporate secure storage with lesser space
    requirements.
  • Asia Pacific accounted for over 30 of the
    overall market share in 2013 and is expected to
    witness high growth due to rapid installations of
    cabinets in new and existing homes as well as
    non-residential buildings. China is expected to
    witness robust demand growing urbanization is
    expected to support infrastructure development in
    the region. North America is expected to witness
    high growth due to rising consumer demand towards
    premium bathroom features.
  • Notable companies operating in the bathroom
    vanities market include Masco, MasterBrand,
    American Woodmark, RSI Home Products etc. Key
    market participants invest heavily in RD to
    offer product differentiation as well as
    cost-effective bathroom solutions to enhance
    market share and leverage through branding.
  • For More http//www.grandviewresearch.com/industr
    y-analysis/global-bathroom-vanities-market

4
  • Request free sample of this Report
    http//www.grandviewresearch.com/industry-analysis
    /global-bathroom-vanities-market/request
  • For the purpose of this study, Grand View
    Research has segmented the global bathroom
    vanities market on the basis of material,
    application and region
  • Bathroom Vanities Material Outlook (Revenue, USD
    Million, 2012 2020)
  • Stone
  • Ceramic
  • Glass
  • Wood
  • Metal
  • Bathroom Vanities Application Outlook (Revenue,
    USD Million, 2012 2020)
  • Residential
  • Non-Residential

5
  • Bathroom Vanities Regional Outlook (Revenue, USD
    Million, 2012 2020)
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • MEA

6
  • Browse all reports at http//www.grandviewresearch
    .com/industry/automotive-and-aerospace-interior-ma
    terials
  • About Grand View Research
  • Grand View Research, Inc. is a market research
    and consulting company that provides off-the-
    shelf, customized research reports and
    consulting services. To help clients make
    informed business decisions, we offer market
    intelligence studies, ensuring relevant and
    fact-based research across a range of industries,
    from technology to chemicals, materials and
    energy. With a deep-seated understanding of
    varied business environments, Grand View
    Research provides strategic objective insights.
  •  
  • Contact
  • Sherry James
  • Corporate Sales Specialist, USA Grand View
    Research, Inc Phone 1-415-349-0058
  • Toll Free 1-888-202-9519
  • Email sales_at_grandviewresearch.com
  • Website Grand View Research
  • Blog Site http//www.divog.org/
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