The Global Market for Shower Heads and Shower Panels is Projected to Reach US$3.9 Billion by 2024

Recovery in Residential Construction Sector to Drive Growth in the Global Shower Heads & Shower Panels Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Shower Heads and Shower Panels market. The global market for Shower Heads and Shower Panels is projected to reach US$3.9 billion by 2024, driven by the ongoing recovery in the construction sector, rapid urbanization in developing countries and product innovations such as smart water conserving showers.

Shower heads and panels comprise an important part of the bathroom fittings and fixtures market. Growth in the market is primarily driven by factors such as growing popularity of showering over traditional bath, pace of new residential construction activity, and level of building renovations & remodeling activity. Other factors influencing growth include rising standard of living, urbanization trends, and growth in the hospitality industry. The growing consumer focus and on water conservation and energy efficiency levels mandated by regulations across the world continue to enhance the demand for water conserving shower related products.

Shower designing has undergone a major change in modern times, with shower-systems and bathrooms becoming spaces to display luxury and style. New shower systems introduced in the market are crafted to align with the modern bath designs. At the same time, emerging trend of multi-generational households in developed countries and shrinking size of bathrooms are shaping new design concepts in the shower heads and panels market. Growing need to conserve water under the impact of climate change and depleting resources worldwide, has led to the development of energy efficient and eco-friendly shower systems. The industry is also witnessing multiple showerheads, which provide a customized bathing experience. Connected technology has emerged as the next frontier in new age showerhead designs as manufacturers launch smart shower heads equipped with sensors and connected to mobile apps to provide added comfort and luxury to users. Augmented with artificial intelligence these shower systems enable efficient utilization of water, and facilitate temperature and pressure control. Popular advances in showerhead technology include rain showerheads and digitally controlled configurations for spray.

As stated by the new market research report on Shower Heads and Shower Panels, the U.S. represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market worldwide with a CAGR of 6.8% over the analysis period.  The growth in the region is led by factors such as rapid urbanization and changing lifestyles, and rise in number of urban housing projects.

Major players in the market include Aqualisa, Gainsborough Showers, Aloys F. Dornbracht GmbH & Co. KG, Grohe AG, Jacuzzi Group Worldwide, Jaquar & Company Private Limited, Kohler Co., Masco Corporation, Hansgrohe AG, Moen Inc., MX Group, ROHL LLC, TRITON SHOWERS, Vigo Industries LLC, Vola A/S, and Zoe Industries Inc., among others.

The research report titled “Shower Heads and Shower Panels: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, and other strategic industry activities of global companies. The report provides market estimates and projections of Shower Heads and Shower Panels in US$ Thousand for all major geographic markets such as US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East & Africa, and Latin America (Brazil and Rest of Latin America).

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