Smart Bathroom Industry Data Book | Forecast 2030
The growing interest among consumers in home automation and the incorporation of smart devices is a significant driver for the growth of the smart bathroom market. Consumers are actively seeking innovative and user-friendly solutions that can enhance their bathroom experiences.
The advancement in technology, notably in the field of the Internet of Things (IoT), Artificial Intelligence (AI), and voice recognition have led to the integration of various smart features into bathroom fixtures and accessories. The development of features like automated temperature regulation, voice-activated lighting, and smart showers, have enticed consumers to consider upgrading their conventional bathrooms.
Access the Global Smart Bathroom Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
The growth of smart bathroom solutions is propelled by fast-paced urbanization and ongoing infrastructure development in numerous regions. This progress encourages the widespread adoption of smart technologies in commercial buildings, hotels, and public restrooms. By seamlessly integrating these innovations, such spaces benefit from elevated functionality, improved hygiene standards, and enhanced efficiency.
Smart Toilet Market Market Report Highlights
- The residential application segment is expected to expand at the fastest CAGR of 10.7% from 2019 to 2025 as a result of increasing number of smart homes in the urban cities of key markets including U.S. and China
- The offline segment generated a revenue of USD 5.3 billion in 2018. Online channel is the fastest growing segment with a CAGR of 10.8% from 2019 to 2025 due to its doorstep delivery services
- Europe was the largest regional market with a revenue of USD 2.4 billion in 2018
- New product launch is expected to remain a key strategy among the market participants over the next few years.
Order your copy of the Free Sample of “Smart Bathroom Industry Data Book - Smart Toilet, Smart Bathroom Soap Dispenser, Faucets, Showers, Mirrors and Smart Bathtubs Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Electronic Soap Dispensers Market Report Highlights
- North America held or the largest electronic soap dispensers market share of more than 35% in 2018
- Asia Pacific is expected expand at the fastest CAGR of 9.2% from 2019 to 2025
- Commercial application segment held the leading market share of 50.9% in 2018
- Plastic held the largest market share of 69.2% in the raw material segment in 2018
Smart Faucets Market Report Highlights
- North America was the largest smart faucets market, accounting for a share of more than 30.0% in 2018 owing to increasing smart homes and growing hospitality sector
- The commercial application segment accounted for exceeding 60.0% share of the global revenue in 2018. Positive outlook towards global hospitality sector is expected to open new avenues
- Brick and mortar was the largest distribution channel with a share of more than 70.0% in 2018
- Key players include LIXIL Group Corporation, CERA Sanitaryware Limited, Roca Sanitario, S.A., Kohler Co., TOTO LTD., Masco Corporation, Villeroy & Boch, Hansgrohe, and DELTA FAUCET COMPANY
- Product innovation is expected to remain a critical success factor among the industry participants.
Smart Shower Market Report Highlights
- The residential/domestic dominated the global market with the highest revenue share in 2022.
- This growth is due to the growing number of remodeling activities undertaken by new and old homeowners to elevate their experience and personalize their homes.
- North America led the global market with the highest revenue share owing to an increasing number of commercial buildings in the region.
- The rising growth rate of the remodeling industry across North America indicates a surge in residential home furnishing and fittings, which is expected to impact the smart shower market’s growth positively.
Go through the table of content of Smart Bathroom Industry Data Book to get a better understanding of the Coverage & Scope of the study
Smart Mirror Market Report Highlights
- Europe is expected to expand with a considerable CAGR over the forecast period from 2023 to 2030. In Europe, consumers place a high value on design and aesthetics in home decor, which drives the preference for products like smart mirrors
- The free-standing segment is estimated to expand with substantial CAGR over the forecast period. The flexibility in placement of these mirrors is a key driving factor behind the increasing popularity and growth of free-standing smart mirrors
- The commercial segment is anticipated to expand with a faster CAGR over the forecast period. Use of smart mirrors in commercial spaces enhances customer convenience, reduces return rates, and boosts sales owing to which their adoption is increasing in commercial spaces thus surging the market growth
- The online sales channel is expected to expand with a higher CAGR over the forecast period. Online distribution channels offer various conveniences for shopping owing to which its use is increasing among consumers thus surging the segment’s growth
Bathtub Market Report Highlights
- Based on the type, the alcove bathtubs segment dominated the market with a 37.54% revenue share in 2023, owing to growing demand from residential sector. The alcove bathtubs are majorly preferred among consumers who have limited bathroom space
- Based on the material, the acrylic segment dominated the market in 2023 with the largest revenue share of 40.18%. Acrylic can be attributed to their resilience, simple maintenance requirements, and adaptability in design, making them a favored choice among consumers
- Based on the end-user, the commercial bathtub segment is expected to grow at the fastest CAGR over the forecast period due to the rising number of hotels, and well centers across regions that have been significantly contributing to the demand for various commercial bathtub products
- Europe is projected to emerge as a lucrative region for global market. This can be attributed to the growing trend of home renovation and remodeling projects has also contributed to the region's market growth
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