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Water Sink Market Outlook 2019 Elkay Manufacturing, Moen Incorporated, Franke, ROCA, Stern-Williams Co., INC., Artisan Manufacturing, Jomoo Group

Water Sink Market is expected to rise from its initial estimated value of USD 41.25 billion in 2018 to an estimated value of USD 51.24 billion by 2026, registering a CAGR of 2.75% in the forecast period of 2019-2026. This rise in market value can be attributed rising levels of disposable income of the population and increase in demand of products.

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Key Developments in the Market:

  • In November 2018, Bristan Group Limited announced the launch of company’s first ever water sinks for kitchens. The product is made for easy installation and ease of use for the consumer.
  • In July 2018, Franke announced the launch of its “Crystal Collection” kitchen sinks in the US market. The series previously launched in Europe is installed with stainless steel and glass finish, improving the aesthetic appeal of the product immensely.

Market Key Competitors: 

  • Elkay Manufacturing Company,
  • Moen Incorporated,
  • Crown Products (Kent) Limited,
  • Franke,
  • Roca,
  • Sanitario S.A.,
  • ROHL LLC,
  • American Standard Brand,
  • Huida Sanitary Ware Co,
  • JULIEN INC.,
  • WHITEHAUS COLLECTION,
  • Kohler Co.,
  • Mountain Plumbing Products,
  • Stern-Williams,
  • Schock GmbH,
  • Vigo Industries,
  • TOTO LTD.,
  • Kraus USA,
  • The London Basin Company,
  • Oliveri Solutions,
  • Duravit AG,
  • Bristan Group Limited,
  • Artisan Manufacturing,
  • Jomoo Kitchen & Bath Co. Ltd.

Water Sink Market Competitive Analysis: 

Global water sink market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of water sink market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa

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Table of Content

  1. Executive Summary
  2. Scope of the Report
  • Market Definition
  • Scope of the Study
  • Definition
  • Research Objective
  • Assumptions
  • Limitations
  • Research Process
  • Primary Research
  • Secondary Research
  • Market Size Estimation
  • Forecast Model
  1. Market Landscape
  • Porter’s Five Forces Analysis
  • Threat of New Entrants
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Segment Rivalry
  • Value Chain/supply Chain Analysis
  1. Market Dynamics
  • Introduction
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Trends
  1. INDUSTRY ANALYSIS
  • Value Chain Analysis
  • Technology Roadmap
  • Market Attractiveness Analysis
  1. Major Application Analysis:
  • Major Application Market Share
  • Major Down Stream Customers Analysis
  • Others Global
  1. New Project Investment Feasibility Analysis:
  • New Project SWOT Analysis
  • New Project Investment Feasibility Analysis

Continued……….

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Market Drivers:

  1. Growing innovations and unique product launches is expected to drive the market growth
  2. Rising levels of disposable income and the subsequent increase in demand for water sinks to increase the aesthetic appeal and comfort in their homes is also expected to drive the market growth

Market Restraints:

  1. Complications and failures associated with the installation and usage of the modern variety of sinks is expected to restrain the market growth
  2. Concerns regarding size and requirement of care for the delicate water sinks act more as a hindrance than comfort and is expected to restrain the market growth

Water Sink Market Segmentation: 

By Product Type

  • Drop-In
  • Pedestal
  • Top-Mount
  • Under Mount
  • Wall Mount
  • Others
    • Farmhouse Water Sinks

By Base Material

  • Fireclay
  • Stainless Steel
  • Cast Iron
  • Copper
  • Quartz
  • Other Base Materials

By End-User

  • Households
  • Foodservice
  • Hospitality
  • Corporate & Government Offices
  • Educational Institutes
  • Public Toilets
  • Shopping Malls
  • Clubs & Resorts
  • Others

By Sales Channel

  • Distributors/Wholesalers
  • Multi-Brand Stores
  • Franchise Stores
  • Specialised Stores
  • Online Retailers

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa.

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