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According to a new market research report published by Credence Research “Global Water sink Market – Growth, Future Prospects and Competitive Analysis,2019 - 2027”, the overall water sink market worldwide was valued at US$ 41.60 Bn in 2018 and is set to grow with a CAGR of 2.5% during the forecast period.Market Insights
The key factor that drives the growth of water sink market is growing demand for the different and the attractive water sinks across residential as well as commercial applications. In addition, the growing demand for the farmhouse sinks is boosting the growth of water sink market. The rising adoption of monochrome styles of water sinks in commercial applications is anticipated to fuel the growth water sink market. Furthermore, the growing manufactures focus on the colors and the attractiveness of the water sinks are projected to create several growth opportunities in the water sink market over the forecast period. Moreover, the growing disposable income and rapidly growing home decor industry is anticipated to propel the growth of water sink market in the near future.
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The global market of water sink is segmented into materials, products, and the distribution channels and end-users. The distribution channels segmented is divided into wholesalers, specialized stores, multibrand stores, and online retail. The major manufactures if water sinks are adopting the online portables to sell their products are propelling the growth of water sink market. The growing sales of water sinks from E-commerce platforms are contributing to the growth of water sinks market. Furthermore, On the basis of application, the global market for water sink is divided into households and commercial applications. Among this household, application dominates the market growth owing to rapidly growing contrition and infrastructure industry.
North America held a maximum market share of approximately more than 38% of the total market revenue generated worldwide. It is estimated to dominate the water sinks market through the forecast period. The prevalence of major players and the distribution are driving the growth of North America water sinks market. Furthermore, Asia Pacific is expected to grow with the highest CAGR in the water sink market. The rapidly growing adoption of different designed and the printed water sinks across the several commercial applications are promoting the growth of Asia Pacific water sinks market.
The key payers in the water sink market include Franke Kitchen Systems, LLC, Roca Sanitario, S.A., Moen Incorporated, Elkay Manufacturing Company, ROHL LLC., Whitehaus Collection, Vigo Industries, Kohler Co., JULIEN INC., Huida Sanitary Ware Co., Ltd., Kraus USA INC., Tasman Sinkware Pty Ltd., TOTO USA, Inc. and others.
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Report Scope by Segments
By Materials Segment (2017–2027; US$ Bn)
Stainless Steel
Copper
Quartz
Fireclay
Cast Iron
Other Materials
By-Products Segment (2017–2027; US$ Bn)
Pedestal
Drop-in
Under-mount
Top Mount
Wall Mount
Other Products
By Distribution Channels (2017–2027; US$ Bn)
Wholesalers
Specialized Stores
Multibrand Stores
Online Retail
By Application (2017–2027; US$ Bn)
Households Applications
Commercial Applications
ToC:
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II-Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
............
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Water Sink Vendors, 2017
Chapter 4 Global Water Sink Market, by Material
4.1 Overview
4.2 Stainless Steel
4.3 Copper
4.4 Quartz
4.5 Fireclay
4.6 Cast Iron
4.7 Other Materials
Chapter 5 Global Water Sink Market, by Product
5.1 Overview
5.2 Freestanding Water Sink
5.3 Pedestal
5.4 Drop-in
5.5 Under-mount
5.6 Top Mount
5.7 Wall Mount
5.8 Other Products
Chapter 6 Global Water Sink Market, by Distribution Channels
6.1 Overview
6.2 Wholesalers
6.3 Specialized Stores
6.4 Multibrand Stores
6.5 Online Retail
Chapter 7 Global Water Sink Market, by Applications
7.1 Overview
7.2 Household
7.3 Commercial
Chapter 8 North America Water Sink Market Analysis, 2016 – 2026 (US$ Bn)
..........
Chapter 9 Europe Water Sink Market Analysis, 2016 – 2026 (US$ Bn)
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Chapter 10 Asia Pacific Water Sink Market Analysis, 2016 – 2026 (US$ Bn)
............
Chapter 11 Rest of the World (RoW) Water Sink Market Analysis, 2016 – 2026 (US$ Bn)
.............
Chapter 12 Company Profiles
12.1 Franke Kitchen Systems, LLC
12.2 Roca Sanitario, S.A.
12.3 Moen Incorporated
12.4 Elkay Manufacturing Company
12.5 ROHL LLC.
12.6 Whitehaus Collection
12.7 Vigo Industries
12.8 Kohler Co.
12.9 JULIEN INC.
12.10 Huida Sanitary Ware Co., Ltd.
12.11 Kraus USA INC.
12.12 Tasman Sinkware Pty Ltd.
12.13 TOTO USA, Inc.
..............toc continued
Browse the full report at https://www.credenceresearch.com/report/water-sink-market
Key questions answered in this report
What was the market size of water sink in 2018 and forecast up to 2027?
Which is the largest regional market for applications?
What are the major trends followed in water sink market across different regions?
Who are the key water sink companies leading the market?
What are the key strategies adopted by the leading water sink companies in market?
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