Water Sink Consumption Market Synopsis:
In this report, LP Information covers the present scenario with the base year being 2017 and the growth prospects of global Water Sink market for 20182023.
A Water Sink also known as Water Sinker, washbowl, hand basin and wash basin is a bowlshaped plumbing fixture used for washing hands, dishwashing, and other purposes. It comes from the Latin word “zinc” Water Sinks have taps faucets that supply hot and cold water and may include a spray feature to be used for faster rinsing. They also include a drain to remove used water; this drain may itself include a strainer and/or shutoff device and an overflowprevention device. Water Sinks may also have an integrated soap dispenser.
The classification of Water Sink includes Stainless Steel Water Sinks, Ceramic Water Sinks, Artificial Stone Water Sinks and Others, and the proportion of Stainless Steel Water Sinks in 2016 is about 53.5%.
Water Sink is widely used in Bathroom Water Sinks, Kitchen Water Sinks and other. The most proportion of Water Sink is used in Bathroom Water Sinks, and the consumption proportion is about 45% in 2016.
China is the largest supplier of Water Sink, with a production market share nearly 38% in 2016. Europe is the second largest supplier of Water Sink, enjoying production market share nearly 24.5% in 2016.
China is the largest consumption place, with a consumption market share nearly 31% in 2016. Following China, Europe is the second largest consumption place with the consumption market share of 21%.
Market competition is intense. Franke, Kohler, Blanco, Elkay etc. are the leaders of the industry, and hold the key technologies and patents, with highend customers. However, with the future expanding market, there will be more manufactures in the future. There are a lot of manufacturers in China, but the product quality is uneven.
Over the next five years, LPILP Information projects that Water Sink will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Water Sink market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Stainless Steel Water Sinks
Ceramic Water Sinks
Artificial Stone Water Sinks
Segmentation by application:
Bathroom Water Sinks
Kitchen Water Sinks
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Water Sink consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Water Sink market by identifying its various subsegments.
Focuses on the key global Water Sink manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Water Sink with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industryspecific challenges and risks.
To project the consumption of Water Sink submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.