Shower enclosures and cubicles: Key market research findings
- Rise in the installation of frameless shower enclosures and cubicles
- Growing preference for tempered glass
Technavio has released a new market research report on the global shower enclosures and cubicles market, which is expected to grow at a CAGR of more than 8% between 2016 and 2020. Rise in the disposable income of individuals has increased their demand for convenient bathing options, which is propelling the growth of shower enclosures and cubicles. The Americas is the fastest growing market, and is expected to grow at a healthy CAGR of 14% during the forecast period. Factors like the recent increase in residential construction in the US are expected to account for this region’s high market growth rate during the forecast period.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Of late, the market is witnessing huge preference for glass frameless shower enclosures and cubicles. The tempered glass allows the glass to be fitted directly into the wall without using hinges. Moreover, these frameless enclosures do not get damaged by water and soap and debris accumulation near the hinges. Besides, adding to the aesthetic appeal to bathrooms, these frameless shower enclosures provide a luxury experience to the end-users,” says Soumya Mutsuddi, Lead Analyst, Heavy Industry, Technavio Research.
The tempered glass segment is the largest market segment during the forecast period. This segment currently accounts for a market share of nearly 54% and advantages like its ability to increase the light transmission are envisaged to account for its high market share during the predicted period.
The major players in the global shower enclosures and cubicles market include Huppe, Jaquar, Kohler, and Porcelanosa. The market is highly fragmented and is extremely competitive owing to the presence of numerous local and global players. The large vendors in this market provide a broad range of high-quality products but are predicted to face intense competition from the local vendors as they have the ability to provide high-quality products at reasonable prices.
A more detailed analysis is available in the Technavio report, Global Shower Enclosures and Cubicles Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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