Forecast of global sanitary ware market trends

The national building materials and home furnishing prosperity index BHI was 118.84 in November, a month on month decrease of 15.59 points and a year on year increase of 32.32 points. The sales of building materials and home furnishing stores above designated size nationwide were 131.950 billion yuan in November, a month on month decrease of 11.10%, and a year on year increase of 116.77%; the cumulative sales from January to November 2023 were 1421.456 billion yuan, a year on year increase of 30.50%. The Industry Research Department of the China Building Materials Circulation Association interprets the BHI data for this issue: November has entered the winter off season, and consumer demand for building materials and home furnishings has shrunk, and BHI has experienced a seasonal decline.

The shower heads and systems market size is expected to grow by USD 696.24 million between 2023 and 2027, at a CAGR of 3.45%. The Asia Pacific region is expected to contribute 40% to the growth of the global showerheads and systems market during the forecast period.

According to the Triton market research report, the North American sanitary ware market is expected to grow significantly, with a revenue compound annual growth rate of 3.51% and a sales volume compound annual growth rate of 3.14% from 2022 to 2028.