China Sanitary Ware Market to Reach USD19.54 billion by 2026
Increasing
per capita disposable income coupled with the government programs for educating
households about safe sanitation are some key factors propelling the growth of
China sanitary ware market.
According
to TechSci Research report, “China Sanitary Ware Market By Product Type (Toilets/Water Closets &
Cisterns; Wash Basins; Bath Tubs; Urinals; Others), By End Use (Residential/Household
Vs. Non-Residential/Commercial), By Distribution Channel (Retail Sales Vs.
Direct/Institutional Sales), By Region, Competition, Forecast Opportunities, 2026F”, the China sanitary ware market
was valued at USD8.28 billion in 2020 and is expected to reach USD19.54 billion by 2026F with a CAGR
of 14.71% during the forecast period. China sanitary ware market grew at a
significant pace in the past few years and is expected to register strong
growth in the coming years as well, due to increasing urbanization and
expanding middle class segment. Moreover, growing preference for non-ceramic
products, increasing demand from real estate sector, development in technology is
offering huge growth opportunities to manufacturers by catering to demand for sanitary
ware in the country. Furthermore, the growing adoption of
water-saving sanitary ware products, strong brand awareness, and rising
disposable income is increasing the demand for sanitary ware in China.
China sanitary ware market is segmented into
by product type, by end use, by distribution channel, by region and by company.
In terms of by product type, the China sanitary ware market can be segregated
into Toilets/Water Closets & Cisterns, Wash Basins, Bath Tubs, Urinals and Others.
Among which, Toilets/Water Closets & Cisterns has registered highest market
share among all sanitary product type due to increasing number of households,
hotels, and hospitals in the country. Moreover, increasing hygiene
consciousness and inclination of consumers from squat pans to water closets is
forecast to further drive the market of toilets/water closets & cisterns.
In
terms of End Use, the China sanitary ware market can be segmented into Residential/Household
Vs. Non-Residential/Commercial. Among which, the residential/household has
dominated the sanitary ware market on account of increasing residential sectors
across the country. At present, the country has over 452.78 million households
and the rising support of the government towards creating affordable housing
schemes will help in increasing the demand for houses, which in turn, will
generate demand for household products such as sanitary ware.
In
terms of distribution channel, the China Sanitary ware market can be
segmented into Retail Sales Vs. Direct/Institutional Sales.
Among which the retail sales segment has dominated the China sanitary ware
market as it offers consumers the opportunity to touch
and check the quality of sanitary ware products.
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In
terms of regional analysis, the market is segment into East China, North China,
North East China, South Central China, North West China and South West China. Among
which, the East China has dominated the China sanitary ware market followed by North
China region on account of presence of commercial hubs and global trade centers
in this region. Major provinces of East China such as Shanghai, Huangshan, and
Hangzhou are tourist attractions for domestic and foreign tourists. The growing
tourism in this region is leading to larger construction of hotels, guest
houses, and hospitality centers, and thereby tourism sector is generating huge
demand for sanitary ware products.
In
terms of by company, company named Kohler
(China) Investment Co. Ltd., TOTO China Co. Ltd., ARROW Wrigley Home Furnishing
Group Co., Ltd., Huida Sanitary Ware Co., Ltd., Hengjie Sanitary Ware Group
Co., Ltd. and others are the major leading players in the China sanitary ware market. To remain competitive in the market, sanitary ware companies
are focusing on developing unique marketing strategies and using updated
technology to enrich customer experience and to remain competitive in the sanitary
ware market. They are differentiating their product and communicating their
unique selling proposition through different mediums to the consumers. They are
positioning their brand in such a way to create trust among consumers.
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“With rising environmental concern among
Chinese consumers to save water, adoption of water saving sanitary ware and
bathroom fittings is on rise. As a result, sanitary ware products such as low
water consuming flushing systems, infrared controls, and sensor taps and
showers are gaining popularity in China sanitary ware market. Moreover, with the increasing adoption of
double flush systems in China, there has been reduction in the amount of water
wasted by 67%.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“China Sanitary Ware
Market By Product Type (Toilets/Water Closets & Cisterns; Wash Basins; Bath
Tubs; Urinals; Others), By End Use (Residential/Household Vs.
Non-Residential/Commercial), By Distribution Channel (Retail Sales Vs.
Direct/Institutional Sales), By Region, Competition, Forecast Opportunities,
2026F.” has evaluated the future growth potential of China sanitary ware market
and provides statistics and information on market structure, size, share, and
future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities present in the China sanitary
ware market.
About TechSci Research
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