global smart toilet market demand opportunity analysis 2023

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Global Smart Toilet Market Outlook:

Industry Insights & Opportunity Evaluation,

2016-2023


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Global Smart Toilet Market Final

Deliverable Table of Content

Global Smart (Intelligent) Toilet Market Overview

Bathroom forms an essential part of one’s life. Sanitary ware have become a lifestyle statement in various developed and developing countries across the globe. The bath fitting products has showcased advancement over the past few decades from being designed as an operating value product to more innovative features added in it. With the fast life as well as advancement in science and technology in the field of bathroom products, various major bath product manufacturers perceives that ordinary bath products are hindering the entire market penetration of smart bathroom products. The smart toilet has showcased an inclination in terms of demand (primarily from elite class population) over the past few years. Increasing urbanization along with migration of people from rural to urban areas is fostering the demand for smart toilet especially in developed countries. The smart toilet provides most favorable integrated solutions which helps in conservation of water and energy. It has been notified that the government in various countries has initiated the concept of smart bathroom and toilet in the construction sector in order to curb the high energy cost. Such implementation by government is anticipated to incline the growth of smart toilet market all across the globe over the next few years.

Market size and forecast

The global smart toilet market expected to register a CAGR of around 13% over the forecast period. The smart toilet market is expected to observe robust growth during the forecast period on account of rising popularity of such products amongst the elite class population. Under usage segment, commercial segment accounted the largest share of 70% in overall segment in 2015. Factors such as increasing absorption of office space are likely to impel the growth of the segment over the forecast period. Apart from this, rising number of shopping malls as


well as increasing number of premium hotel chains is further expected to boost the growth of this segment till 2023.

Geographically, North-America is expected to showcase a tremendous growth in the smart toilets market across the globe in near future. Changing preferences of consumer towards sophisticated products on account of rising number of HNWI population in the region has intensified the market over the past few years. However, increasing government support towards installation of smart bathroom products both in residential and commercial space is anticipated to expand the region’ growth at a higher pace with a significant contribution by 2023. Besides this, changing lifestyle along with enhancement in economic growth in developing countries such as India and China is likely to foster the growth of smart toilet market over the period 2016-2023.

Market Segmentation

Our in-depth analysis segmented the global Smart Toilet market in the following segments:

http://www.researchnester.com/reports/smart-intelligent-toilet-market-global-demand-analysis-opportunity-outlook-2023/252


By Type Wall hung toilet Close-coupled Single floor standing toilet One-piece toilet Others

By Usage Residential Commercial

By Distribution Channel Online Store Offline Store

By Region

Global smart toilet market is further classified on the basis of region as follows:

North America (United States /U.S. & Canada) Latin America (Brazil, Mexico, Rest of Latin America) Western and Eastern Europe (U.K., Germany, France, Italy, Spain,

Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe)

Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia)

Middle East and North Africa (MENA) Rest of World

Growth Drivers and challenges

Significant growth in premium real estate especially in hospitality and office sector, development and demand for high quality bath products along with rising brand consciousness as well as rising personal disposable income is anticipated to fuel the growth of global smart toilet market over the period 2016-2023. Apart from this, rising residential and office spaces with significant requirement for sophisticated interiors as well as stylish bathroom fittings is further


expected to intensify the growth of smart toilet market over the forecast period. The dominance of ordinary bath products prevailing in both rural and urban areas is restricting the manufacturers to enter into production of smart bathroom products thus hampering the growth of market.

Key Players

The key manufacturers of smart toilet as follows: Roca Sanitario S.A. o Company Overview o Key Product Offerings o Business Strategy o SWOT Analysis o Financials Caroma DXV American Standard Toto Neorest Kohler Costco NIU Smart Toilet

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global smart toilet market is segmented as follows: By Type Market Size and Y-O-Y Growth Analysis By Usage Market Size and Y-O-Y Growth Analysis By Distribution Channel Market Size and Y-O-Y Growth Analysis

By Regions North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis


Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis

Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis

Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Rest of World Market Size and Y-O-Y Growth Analysis

Market Dynamics

Supply and Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment Key

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market-global-demand-analysis-opportunity-outlook-2023/252




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global smart toilet market demand opportunity analysis 2023

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