The new report by Expert Market Research titled, ‘Vietnam sanitary ware and bathroom accessories Market Size, Report and Forecast 2022-2027’, gives an in-depth analysis of the Vietnam sanitary ware and bathroom accessories market, assessing the market based on its segments like product types and materials. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/vietnam-sanitary-ware-and-bathroom-accessories-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
• Historical Market Size (2020): USD 467 Million
• Forecast CAGR (2022-2027): 6.4%
Sanitary ware and bathroom accessories are durable and easy to clean. In this regard, the increasing spending on toilet sanitisation, rapid urbanisation, and increasing standards of living in Vietnam is driving the market growth. The increasing demand for premium sanitary ware and bathroom accessories owing to the changing lifestyle patterns of the working-class population in the region is propelling the market growth. Over the forecast period, the rapid development of durable sanitary ware products, which are ideal for longer-run, is anticipated to drive the market growth in the coming years. The strong foothold of major sanitary ware manufacturers and bathroom accessory developers in the country is likely to aid the availability of innovative sanitary ware with different shapes and sizes.
Industry Definition and Major Segments
Sanitary ware and bathroom accessories are defined as the products or appliances which are installed in toilets and bathrooms. These include washbasins, pedestals, urinals, and towel rods, among others. These products are easy to clean owing to their glossy surface and exhibit high resistance to chemical attacks.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/vietnam-sanitary-ware-and-bathroom-accessories-market
On the basis of product type, the market can be segmented into:
• Toilet/Water Closet
• Wash Basin
• Pedestal
• Cistern
• Faucets
• Showers
• Others
The market can be categorised based on material into:
• Ceramic
• Pressed Metal
• Acrylic Plastic and Perspex
• Others
Market Trends
The primary driver in the sanitary ware and bathroom accessories market in Vietnam is the growing expansion of the online business platforms owing to the increasing adoption of internet of things (IoT), which are propelling the sales of the products. The incorporation of smart technologies in the sanitary ware market, such as dual flush and digitally operated showers, among others are likely to be the crucial trends in the market. The growing research and development activities by the major manufacturers, aiming towards innovative development of ceramic-based sanitary ware with high -quality fittings, are anticipated to increase the popularity of the products, thereby, attracting a greater number of consumers and spending on bathroom maintenance.
Key Market Players
The major players in the market include Vietnam Caesar Sanitary Equipment Joint Stock Company, Innoci Viet Nam Co., Ltd, Italisa Vietnam Co., Ltd, Jaquar Vietnam, Grelli Sanitary Ware, ROCA Sanitario, S.A., Toto Vietnam Co.,Ltd., Viglacera Corporation- JSC, and Viet Ceramics International Joint Stock Company, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Connected Living Room Market: https://www.expertmarketresearch.com/reports/connected-living-room-market
Electric Cargo Bikes Market: https://www.expertmarketresearch.com/reports/electric-cargo-bikes-market
HPMC Market: https://www.expertmarketresearch.com/reports/hpmc-market
Hypervolt plus Cordless Vibration Massager Market: https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market
Lithium Iron Phosphate Batteries Market: https://www.expertmarketresearch.com/articles/top-lithium-iron-phosphate-batteries-companies
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact
Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com