The global toilet tank market was valued at USD 600 million in 2016 and is expected to reach around USD 696 million by 2021, says Technavio.
Technavio has announced its latest market research report on the global toilet tank market. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like Toto, Kohler, Lixil, and Geberit.
According to Abhay Sinha, a lead analyst at Technavio, “Portable toilets are currently in high demand in the market due to an increase in construction activities and the underpenetrated sanitation in rural areas. Vendors of portable toilets such as Shorelink International are now offering products for outdoor and leisure market, including those for the construction industry.”
Portable toilets are aimed at providing hygiene and welfare for the public. Portable toilets are durable and also require minimal maintenance. Such portable toilets deploy reservoirs or tanks for flushing purposes.
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Increasing demand for concealed toilet tanks
Growing demand for concealed toilet tanks with the flush valve technology stems from both the residential and commercial end-users because of the space-saving and aesthetic value they offer in washrooms. Such tanks are also more reliable than the traditional tanks, which are typically called as flushometer.
Emergence of sensor-based toilet tanks
Sensor-based toilet tanks are a means of saving water as they work on upon sensing the user. With the increase in number of non-residential buildings where the demand for such technology is high, vendors in the market, such as Kohler, offer products such as Cimarron touchless single flush toilet tank, which comes with a sophisticated technology of no-touch flush.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Toilet Tank Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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