India Tankless Toilet Market to be dominated by Commercial segment through FY2027
Growing consumer awareness and modernization
of washroom is expected to drive the demand for India tankless toilet market for
the forecast period.
According to TechSci Research report, “India
Tankless Toilet Market By Application (Residential, Commercial), By Product
Type (Wall-mounted, Floor-mounted), By Distribution Channel (Online, Offline),
By Region, Competition Forecast & Opportunities, FY2027”, the India
tankless toilet market is expected to grow at a rate of steady CAGR for the
forecast period, FY2023-FY2027. Tankless toilets are the toilet options
connected directly to the building water line and, therefore, do not require
the water tanks attached. The tankless toilet uses high-pressured water to
flush the waste from the toilet effectively. The high pressure is created by
using an electrical pump that drains the water from the bowl at high speed,
leaving a clean toilet bowl behind. Tankless toilets consume less space and are
aesthetically appealing, which is the major reason for their high adoption in
residential and commercial spaces. The major benefit of using a tankless toilet
is its low profile and minimalistic design. Tankless toilets are certainly more
stylish and trendier than traditional toilets; therefore are highly installed
in newly constructed modern buildings. As the tankless toilets are attached to
the wall, it takes up less space and can be fit anywhere to create space for
other work. Tankless toilets make the bathroom more convenient as they free up
bathroom spaces due to their compact size and higher efficiency. The bathroom
could be used again almost immediately as the bowl gets refilled easily and
rapidly. This helps in shortening the line outside the washroom and therefore
is highly preferred in commercial spaces to accommodate many people. Tankless
toilets are preferred over tank toilets as the actual toilet seat can be lifted
according to the requirements without making any major adjustments. Unlike
traditional toilets, tankless toilets witness fewer maintenance problems and
need a smaller number of replacements to ensure proper functioning. The
tankless toilets are compact, and these are likely to witness bowl overflow or
leakage that, in turn, is expected to accelerate the market demand.
Construction of new homes and buildings that are installing tankless toilets to
enhance the appearance and reduce the water bill is expected to propel the market
demand. Market players are adopting attractive marketing strategies for market
expansion and surge sales.
However, the requirement of investments for the
installation of tankless toilets and high pressure may restrain the India
tankless toilet market growth for the forecast period.
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India
tankless toilet market is segmented into application, product type,
distribution channel, regional distribution, and company. Based on application,
the market is bifurcated into residential and commercial. The commercial
segment is dominating the market and is expected to maintain its dominance
throughout the forecast period, FY2023-FY2027. To efficiently and minimize
water loss, commercial buildings are actively installing tankless toilets. The
rise in the infrastructural development in the region, such as the construction
of shopping malls, offices, hospitals, schools to satisfy the needs of the
growing population, is significantly contributing to the India tankless toilet
market growth.
Based
on product type, the market is bifurcated into wall-mounted and floor-mounted.
The wall-mounted tankless toilet is expected to witness substantial growth for
the next five years. The wall-mounted toilet takes up less space, and the
height can be adjusted according to the comfort and convenience of the user,
thereby accelerating the demand for wall-mounted tankless toilets. Wall-mounted
tankless toilets make the atmosphere airy and pleasant to smell, owing to their
smell absorbing capacity.
TOTO
India Industries Pvt. Ltd., American Standard India, Kohler India Corporation
Private Limited., Sloan India Private Limited, Duravit India Pvt. Ltd., Geberit
India, Villeroy & Boch, Contract India, Dyconn Faucet, Ove Decors Inc are
the leading players operating in India tankless toilet market. Manufacturers
are increasingly focusing on research and development process to fuel higher
growth in the market.
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“High-end
investments by the market players to introduce innovative features in the
tankless toilets such as noise reduction, heated seating, warm air dryer,
hands-free automated flushing, spray massage, and air purification are expected
to increase tankless toilet sales across the region. Market players are
adopting other business models to attract customers, like online sales channels
to boost the tankless toilet market. Availability of lucrative discounts and
offers and free delivery and pick-up options to enhance the shopping experience
of customers, which in turn is expected to propel the India tankless toilet
market growth till FY2027” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
“India Tankless Toilet
Market By Application (Residential, Commercial), By Product Type (Wall-mounted,
Floor-mounted), By Distribution Channel (Online, Offline), By Region,
Competition Forecast & Opportunities, FY2027” has
evaluated the future growth potential of India tankless toilet market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends 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 in the of India tankless
toilet market.
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