Product Code: ETC011099 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia faucets mixers and taps market is forecasted to grow at a CAGR of 5.2% during the period 2025-2031. The increasing demand for sophisticated products such as electric, temperature control, single lever mixer are driving the growth in this region. The changing lifestyles of consumers coupled with rising disposable incomes are fuelling the demand for superior quality luxury bathroom fittings. Additionally, growing investments in urban infrastructure projects and residential buildings will drive the overall market growth over the forecast period 2025-2031.
The major drivers fueling the Saudi Arabia faucets mixers and taps market include rapid urbanization & industrialization which has increased construction activities globally leading to greater adoption of new technology products such as electronic mixing systems & heated water system; rising income levels across different regions due to improved economic condition; high focus on energy efficiency solutions and technological advancements; innovative product launches by key players operating in this space; emergence of smart living concepts and increased investment towards home decor industry by entrepreneurs from various countries like UAE, India & China are some other factors contributing towards booming demand for these types of products over recent years.
However, there may be certain challenges that could hamper market growth such as fluctuating raw material prices due to instability in global economy or geopolitical environment. Also lack of awareness among people about advanced versions available can restrict their access into mainstream markets ensuing sluggish sales figures fluctuations which could impede further expansion plans secondly stringent government regulations regarding performance standards imposed on manufacturers have also made it difficult for them to produce low cost yet better quality items resulting into low profit margins& increased cost burden on customers ultimately reducing its penetration rate within segments.
The outbreak of COVID-19 has had an adverse effect on the global economy with consequent impacts on all industries including faucets mixers taps industry. The pandemic has caused short term supply chain disruptions related to production as well as distributional delays due to logistic constraints across countries owing to lockdown imposed by various governments worldwide. However, since most of the residential projects are complete or near completion at this time so there could be small impact observed from mid 2025 onward if pandemics situation remains same until then. Also new projects have been postponed which can cause long term disruption particularly towards end of 2022/start of 2025 timeframe depending upon how pandemics evolves over next two years.
Key players in Saudi Arabia Faucet Market includes: KWC (Kruger Watne AG), American Standard Brands Inc., GROHE Group (LIXIL Corporation) , Kohler Company Inc., Moen Incorporated , Franke Holding AG , Hansgrohe SE & Co KGAG , Delta Faucet Company (Masco Corporation) , TOTO Ltd., Roca Sanitario S A.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Faucets, Mixers & Taps Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Faucets, Mixers & Taps Market - Industry Life Cycle |
3.4 Saudi Arabia Faucets, Mixers & Taps Market - Porter's Five Forces |
3.5 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.8 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Faucets, Mixers & Taps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Faucets, Mixers & Taps Market Trends |
6 Saudi Arabia Faucets, Mixers & Taps Market, By Types |
6.1 Saudi Arabia Faucets, Mixers & Taps Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Sensor, 2021-2031F |
6.1.4 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Non-Sensor, 2021-2031F |
6.2 Saudi Arabia Faucets, Mixers & Taps Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By One-hand mixer, 2021-2031F |
6.2.3 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Two-hand mixer, 2021-2031F |
6.2.4 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Others , 2021-2031F |
6.3 Saudi Arabia Faucets, Mixers & Taps Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Industrial, 2021-2031F |
6.4 Saudi Arabia Faucets, Mixers & Taps Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Bathroom Faucets, 2021-2031F |
6.4.3 Saudi Arabia Faucets, Mixers & Taps Market Revenues & Volume, By Kitchen Faucets, 2021-2031F |
7 Saudi Arabia Faucets, Mixers & Taps Market Import-Export Trade Statistics |
7.1 Saudi Arabia Faucets, Mixers & Taps Market Export to Major Countries |
7.2 Saudi Arabia Faucets, Mixers & Taps Market Imports from Major Countries |
8 Saudi Arabia Faucets, Mixers & Taps Market Key Performance Indicators |
9 Saudi Arabia Faucets, Mixers & Taps Market - Opportunity Assessment |
9.1 Saudi Arabia Faucets, Mixers & Taps Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Saudi Arabia Faucets, Mixers & Taps Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Saudi Arabia Faucets, Mixers & Taps Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.4 Saudi Arabia Faucets, Mixers & Taps Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Faucets, Mixers & Taps Market - Competitive Landscape |
10.1 Saudi Arabia Faucets, Mixers & Taps Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Faucets, Mixers & Taps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |