Technavio, a tech-focused market research firm, has published a new report on the global toilet seat market, which is expected to grow at a CAGR of around 6% in terms of revenue during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global toilet seat market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global toilet seat market are elaborated below
Toilet seat market in APAC: Japan is the key revenue generating country in the toilet seat market in APAC currently. Warming toilet seats with odor-masking function and shower jets are popular among Japanese households. The demand for toilet seats in APAC is projected to undergo an upsurge with the rise in home improvement activities in the region.
According to Abhay Sinha, a lead analyst at Technavio, “In sanitation technology, Japan leads the market due to the use of latest technology by Japanese vendors. Emerging vendors such as TOTO and Panasonic manufacture their products in China to cater to the increased demand.”
Toilet seat market in the Americas: The toilet seat market in the Americas is anticipated to experience significant growth during the forecast period owing to the rise in adoption of high-tech toilets. The increased preference for high-tech toilet seats in the region is also prompting vendors to focus on offering sophisticated technology at economical costs.
Toilet seat market in EMEA: A rise in the number of commercial and residential properties in the region is the fundamental driving force behind the growth of the toilet seat market in EMEA. During the forecast period, the rise in population in the region coupled with increasing home improvement activities is expected to foster the demand for toilet seats in EMEA.
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Leading vendors operating in the global toilet seat market are:
- TOTO
- Kohler
- LIXIL
Other prominent vendors in the market include Bemis, Hamberger Sanitary, Jomoo, MKW, Pressalit, and ZHONGSHAN Bellma Sanitary Ware.
A more detailed analysis is available in the Technavio report titled, ‘Global Toilet Seat Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Electric Hand Dryers Market 2017-2021
- Global Urinals Market 2016-2020
- Global Smart Bathroom Market 2016-2020
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