The North American bathroom accessories market is anticipated to grow significantly at a CAGR of 7.8% in the forecast period (2021-2027). The US and Canada are the key economies contributing to the growth of the North American bathroom accessories market. The key aspect that drives the market growth includes rapid evolution in end-user industries such as healthcare, BFSI, hotels, and other end-user industries. During the COVID-19 pandemic, the market witnessed a negative impact due to the shutdown of key companies operating in the region.
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However, advancement in technologies such as the increase in adoption of smart bathrooms due to change in lifestyle of people is expected to create growth opportunities for the market players in the forecast period. The care done by people related to hygiene is also one of the factors that drive the growth of the market. In addition to this, according to the reports of the United States Census Bureau, there were around 139 million houses in the US. This is an increase of 4.9% from the year 2010. The rise in the number of houses will further lead to an increase in bathrooms in the house which will lead to the use of several accessories.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered – By Product, By End-User
- Regions Covered – North America
- Competitive Landscape- Kohler Co., CafePress, Inc., Macy’s Inc., Bradley Corp., ASI American Specialties, Inc., Delta Faucet Co.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Recovery Timeline
- Deviation from the pre-COVID forecast
- Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
North America bathroom accessories Market – Segmentation
By Product
- Towel Rack/Ring
- Hook
- Paper Holder
- Grab Bars
- Others
By End-User
- Residential
- Commercial
- Others
Company Profiles
- Allmar, Inc.
- Alpine Industries
- ASI American Specialties, Inc.
- Bobrick Washroom Equipment, Inc.
- Bradley Corp.
- Bristol Sinks Inc.
- Delta Faucet Co.
- Gerber Plumbing Fixtures LLC
- Hansgrohe, Inc.
- Kohler Co.
- Lixil Group Corp.
- Moen, Inc.
- Norix Group, Inc.
- Toto, Ltd.
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
