Saturday, 25 May 2024
Wednesday, 27 Sep 2023 12:00 am

UK Bathroom Vanities Market is expected to to reach US$ 2,732.46 million by 2030

UK Bathroom Vanities Market Market is growing at a CAGR of 2.4% to reach US$ 2,732.46 million by 2030 from US$ 2,254.95 million in 2022 by Material, and Application.

By The Insight Partners

Increase in House Construction and Renovations 

According to our latest market study titled "UK Bathroom Vanities Market Forecast to 2030 – COVID-19 Impact and Country Analysis – by Material and Application," the UK bathroom vanities market size was valued at US$ 2,254.95 million in 2022 and is projected to reach US$ 2,732.46 million by 2030; it is expected to register a CAGR of 2.4% from 2022 to 2030.

Bathroom vanities are cabinets or storage units typically found in bathrooms. They serve a dual purpose, providing storage space for toiletries, towels, and other bathroom essentials while also housing a sink and a countertop. Under the report scope, we have considered bathroom vanity units that have attached sinks and countertops. Bathroom vanities come in various styles, sizes, and materials, allowing consumers to choose one that suits their aesthetic preferences and functional needs. They are a key element of bathroom design and can enhance both the functionality and appearance of a bathroom.

To get free sample copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00030070

The increase in housing construction and renovations in the UK has significantly impacted the bathroom vanities market. As more people invest in upgrading or constructing new homes, the demand for modern and aesthetically pleasing bathroom fixtures, including vanities, has surged. Homeowners and property developers alike are keen on creating stylish and functional bathrooms. According to a recent survey, more than half of homeowners in the country renovated in 2021, up four percent from 49% in 2020. The most popular projects were painting (36%), followed by the kitchen (34%) and bathroom (32%) renovations. One key driver of this trend is the desire for increased property value. Homeowners recognize that well-designed bathrooms can significantly enhance their homes' overall appeal and value. Consequently, they are willing to invest in high-quality bathroom vanities that serve practical purposes and contribute to their properties' overall aesthetics. This focus on property value appreciation has propelled the demand for bathroom vanities as an integral part of the home improvement industry.

Hawkers Ltd, Kohler Co, C P Hart & Sons Ltd, Roca Sanitario SA, Inter IKEA Holding BV, Roxor Group Ltd, Geberit AG, Villeroy & Boch AG, Harvey George Ltd, and Duravit AG are the key players operating in the UK bathroom vanities market. These companies are developing innovative products to sustain in the market. For instance, in September 2021, Roxor Group Ltd. announced the launch of Nuie's 3D design tool. The 3D design tool aids in updating the bathroom and can help to see if it's suitable for customers' preferences before making the commitment to install a new bathroom. It has both traditional and modern options. The 3D design tool is quick and easy to use.

Impact of COVID-19 Pandemic on UK Bathroom Vanities Market

The COVID-19 pandemic affected economies and industries in various countries. Lockdowns, travel bans, and business shutdowns in the UK negatively affected the growth of various industries, including the consumer goods industry. The shutdown of manufacturing units disturbed supply chains, manufacturing activities, delivery schedules, and sales of various essential and nonessential products. Various companies announced possible delays in product deliveries and a slump in future sales of their products in 2020. In addition, the bans imposed by various governments in the country on international travel forced the companies to put their collaboration and partnership plans on a temporary hold. All these factors hampered the consumer goods industry in 2020 and early 2021, thereby restraining the growth of UK bathroom vanities market.

The report segments the UK bathroom vanities market as follows:

Based on material, the UK bathroom vanities market is segmented into stone, ceramic, glass, wood, and metal. By application, the market is segmented into residential and commercial.  

Contact Us
Contact Us: The Insight Partners 
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com

The Insight Partners :    https://www.theinsightpartners.com

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter
© The News and Media Division of The Insight Partners 2024 | All Rights Reserved | Privacy Policy