Kitchen Sinks Market By Material (Metallic, Granite, Others), By Number of Bowls (Single, Multiple), By End User (Residential, Commercial), By Region, By Competition Forecast & Opportunities, 2024-2032F
Published on: 2024-11-09 | No of Pages : 320 | Industry : Consumer Goods and Retail
Publisher : MIR | Format : PDF&Excel
Kitchen Sinks Market By Material (Metallic, Granite, Others), By Number of Bowls (Single, Multiple), By End User (Residential, Commercial), By Region, By Competition Forecast & Opportunities, 2024-2032F
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD3.24 Billion |
| CAGR (2023-2028) | 4.1% |
| Fastest Growing Segment | Metallic |
| Largest Market | Asia pacific |
Market Overview
Key Market Drivers
Renovation and Remodeling Trends
Sustainability and Environmental Concerns
Sustainability and Environmental Concerns
Technological Advancements
Material and Design Diversity
Globalization and E-Commerce
Key Market Challenges
Market Saturation and Competition in the Kitchen Sinks Industry
Price Sensitivity and Cost Pressures
Changing Consumer Preferences and Design Trends
Regulatory Compliance and Environmental Sustainability
Supply Chain Disruptions and Material Sourcing Issues
E-commerce and Online Retail Competition
Key Market Trends
Smart and Connected Kitchen Sinks
Sustainable and Eco-Friendly Materials
Multi-Functional Sink Designs
Customization and Personalization
Black and Matte Finishes
Segmental Insights
Material
Number of Bowls Insights
Regional Insights
Recent Developments
- In August 2021, Acrysil stated in that it would be able to produce160,000 quartz sinks annually through a brand-new factory in Bhavnagar,Gujarat. As a result, 1 million sinks are added annually to the total capacity.The estimated capital cost comprises an investment of USD 4.9 million.
- In April 2021, Acrysil and IKEA Supply AG (Switzerland) formed astrategic relationship to manufacture and supply composite quartz kitchen sinksfor IKEA’s demands.