SAN FRANCISCO, March 23, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, released today its report titled “Plumbing Fittings and Fixtures – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

New Study from StrategyR Highlights a $110.9 Billion Global Market for Plumbing Fittings and Fixtures by 2026

FACTS AT A GLANCE

What’s New for 2022?

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies – Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to our digital archives and MarketGlass Research Platform

• Complimentary updates for one year

Edition: 17; Released: February 2022
Executive Pool: 9420
Companies: 374 – Players covered include American Bath Group; MAAX Bath Inc.; Asahi Eito Co., Ltd.; Cera Sanitaryware Ltd.; Elkay Manufacturing Company; Geberit AG; Hindustan Sanitaryware & Industries Ltd.; Ideal Standard International; Jacuzzi, Inc.; Jaquar and Company Pvt. Ltd.; Kohler Co.; LIXIL Corporation; American Standard Brands; Grohe AG; Masco Corporation; Moen Incorporated; Roca Sanitario SA; Roca UK; Roca Bathroom Products Pvt., Ltd.; Spectrum Brands Incorporated; Toto Ltd.; Villeroy & Boch and Others.
Coverage: All major geographies and key segments
Segments: Product Type (Bathroom Fixtures & Fittings, Kitchen & Sink Fixtures & Fittings, Toilet & Sink Fixtures & Fittings, Other Product Types); Application (Residential, Commercial)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; rest of Europe; Asia Pacific; Australia; India; south korea; rest of Asia Pacific; Latin America; Argentina; Brazil; Mexico; rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; rest of Middle East; Africa.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

Story continues

ABSTRACT

Global Plumbing Fittings and Fixtures Market to Reach $106.4 trillion by 2026
Plumbing fittings and fixtures are crucial components of a plumbing system installed in buildings, either commercial or residential, for efficient distribution of water into the building for drinking, washing, and heating and for removing waterborne wastes from the building. Demand in the market is expected to be driven by growing number of home purchases, income growth, and remodeling of homes. Fast paced urbanization creates significant demand for housing units and construction of the same, thus favoring growth in the market. Growing demand for expensive, high-end plumbing fixtures from luxury housing segment and star hotels will also add to the revenue for this segment. Demand for plumbing fixtures will be especially driven by the expansion of water treatment infrastructures in developing countries. Additionally, rising personal incomes will allow consumers to afford more water efficient fixtures.

Amid the COVID-19 crisis, the global market for Plumbing Fittings and Fixtures estimated at US$88.2 trillion in the year 2022, is projected to reach a revised size of US$106.4 trillion by 2026, growing at a CAGR of 4.4% over the analysis period. Bathroom Fixtures & Fittings, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$53.1 trillion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Kitchen & Sink Fixtures & Fittings segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The US Market is Estimated at $18.4 trillion in 2022, While China is Forecast to Reach $28.8 trillion by 2026
The Plumbing Fittings and Fixtures market in the US is estimated at US$18.4 trillion in the year 2022. Chinathe world`s second largest economy, is forecast to reach a projected market size of US$28.8 trillion by the year 2026 trailing a CAGR of 5.7% over the analysis period. Among the other noteworthy geographic markets are Japan other Canada, each forecast to grow at 3.4% and 3.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. Higher emphasis on personal hygiene and cleanliness, and new building projects along with renovation programs contribute significantly to plumbing fittings & fixtures demand in the US. Rapid pace of industrialization, sustained increase in manufacturing/industrial activity, economic growth, improving living standards, and increase in discretionary spends, along with rising construction activity spur growth in the Asia Pacific region.

Toilet & Sink Fixtures & Fittings Segment to Reach $17.3 trillion by 2026
Sink fixtures are products that are mainly focused on the sink area in the kitchen and lavatory. These fittings include deck faucets, single-lever controls, and other sink fittings. Toilet plumbing fixtures include lavatory fixtures such as urinals, flush tanks, and water closet bowls. In the global Toilet & Sink Fixtures & Fittings segment, USA, Canada, Japan, China other Europe will drive the 3.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$10.5 trillion will reach a projected size of US$13.3 trillion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, Indiaand south koreathe market in Asia Pacific is forecast to reach US$1.8 trillion by the year 2026, while Latin America will expand at a 4.2% CAGR through the analysis period.
More

MarketGlass Platform
Our MarketGlass Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include – enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

LEFT
Join Our Expert Panel
https://www.strategyr.com/Panelist.asp
Connect With Us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./
Follow Us on Twitter
https://twitter.com/marketbytes
Journalists & Media
Info411@strategyr.com

surgery

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-study-from-strategyr-highlights-a-110-9-billion-global-market-for-plumbing-fittings-and -fixtures-by-2026–301506521.html

SOURCE Global Industry Analysts, Inc.

The post New Examine from StrategyR Highlights a $110.9 Billion World Marketplace for Plumbing Fittings and Fixtures by 2026 appeared first on Los Gatos News And Events.

FACTS AT A GLANCE
Edition: 16; Published: January 2021
Executive engagements: 9420
Company: 374 – Players Covered include the American Bath Group; MAAX Bath Inc .; Asahi Eito Co., Ltd .; Cera Sanitaryware Ltd .; Elkay Manufacturing Company; Geberit AG; Hindustan Sanitaryware & Industries Ltd .; Ideal Standard International; Jacuzzi, Inc .; Jaquar and Company Pvt. GmbH.; Kohler Co .; LIXIL Corporation; American Standard Brands; Grohe AG; Masco Corporation; Moen Incorporated; Roca Sanitario SA; Roca UK; Roca Bathroom Products Pvt., Ltd .; Spectrum Brands Incorporated; Toto Ltd .; Villeroy & Boch and others.
Coverage: All major regions and key segments
Segments: Product Type (Bathroom Faucets, Faucets for Kitchens and Sinks, Faucets and Faucets for Toilets and Sinks, Other Product Types); Application (residential, commercial)
Geographies: World; United States;; Canada;; Japan;; China;; Europe;; France;; Germany;; Italy;; UNITED KINGDOM; Spain;; Russia;; the rest of Europe;; Asia Pacific;; Australia;; India;; South Korea;; the rest of Asia Pacific;; Latin America;; Argentina;; Brazil;; Mexico;; the rest of Latin America;; middle East;; Iran;; Israel;; Saudi Arabia;; UAE; the rest of middle East;; Africa.

Free Project Preview – This is an ongoing global program. Check out our research program before making a purchase decision. We offer free access to qualified executives in the areas of strategy, business development, sales and marketing as well as product management at selected companies. Previews provide insider access to business trends. competitive brands; Domain expert profiles; and market data templates and much more. You can also create your own bespoke report using our MarketGlass platform, which offers thousands of bytes of data, with no obligation to purchase our report. Registration preview

ABSTRACT-

Reaching global plumbing fixtures and fittings market $ 106.4 billion by 2026
Plumbing fixtures are important components of a plumbing system installed in commercial or residential buildings to efficiently distribute water around the building for drinking, washing and heating, and to remove water-based wastes from the building. Demand in the market is expected to be driven by the growing number of home purchases, income growth and home remodeling. The rapid urbanization leads to a considerable demand for residential units and their construction and thus favors the growth of the market. The growing demand for expensive high-end sanitary fittings from the luxury apartment segment and star hotels will also contribute to sales in this segment. The demand for sanitary fittings is driven in particular by the expansion of the water treatment infrastructure in developing countries.

In the midst of the COVID-19 crisis, the global market for sanitary fittings is valued at $ 81.8 billion a revised size of is to be achieved in 2020 $ 106.4 billion until 2026 with a CAGR of 4.4% in the analysis period. Bathroom fittings, one of the segments analyzed in the report, are forecast to have a CAGR of 4.5% and a range $ 53.1 billion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and its triggered economic crisis, growth in the Kitchen & Sink Fixtures & Fittings segment will be adjusted to a revised CAGR of 5.1% for the next 7 year period.

The US market is estimated at $ 17.8 billion in 2021, while China is expected to reach $ 28.8 billion by 2026
The US plumbing fixture market is valued at $ 17.8 billion in 2021. ChinaThe world’s second largest economy is expected to have a forecast market size of $ 28.8 billion By 2026, the CAGR was behind 5.7% in the analysis period. Among the other notable geographic markets are Japan and CanadaEach forecast will grow 3.4% and 3.9%, respectively, over the analysis period. Within Europe, Germany is expected to grow by approximately 3.4% CAGR. Increased emphasis on personal hygiene and cleanliness, as well as new construction projects and renovation programs, are major contributors to the demand for plumbing fixtures in the United States. The rapid pace of industrialization, the sustained increase in production / industry, economic growth, the improvement in living standards and the increase in discretionary spending, as well as increased construction activity, drove growth in the United States Asia Pacific Region.

Accessible segment for toilet and sink fittings $ 17.3 billion by 2026
Sink fittings are products that mainly focus on the sink area in the kitchen and toilet. These fittings include deck fittings, single lever controls, and other sink fittings. Plumbing fixtures include toilet fixtures such as urinals, flush tanks and water closet bowls. In the global WC & Sink Fixtures & Fittings segment United States, Canada, Japan, China and Europe will increase the estimated CAGR for this segment by 3.4%. These regional markets have a combined market size of $ 10.5 billion in 2020 will reach a projected size of $ 13.3 billion until the end of the analysis period. China will be among the fastest growing in this cluster of regional markets. Led by countries like Australia, India, and South Korea, the market in Asia Pacific is expected to achieve $ 1.8 billion until 2026 while Latin America will expand with a CAGR of 4.2% over the analysis period. More

MarketGlass platform
Our MarketGlass platform is a free, full-stack knowledge center that can be customized to meet the intelligence needs of today’s busy executives! This interactive research platform, controlled by influencers, forms the core of our primary research activities and is based on the unique perspectives of the participating executives worldwide. Features include: enterprise-wide peer-to-peer collaboration; Preview the research program that is relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke reporting; Monitor market trends; competitive brands; Create and publish blogs and podcasts with our primary and secondary content; Track domain events around the world; and much more. Client companies have complete insider access to the project data stacks. Currently used by more than 67,000 domain experts worldwide.

Our platform is free for qualified executives and accessible through our website www.StrategyR.com or through our recently released mobile application on iOS or Android

Information on Global Industry Analysts, Inc. and StrategyR
Global Industry Analysts, Inc. (www.strategyr.com) is a renowned market research publisher, the only influencer-run market research company in the world. GIA proudly serves more than 42,000 customers from 36 countries and has been known for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Corporate Communications Director
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
E-mail: [email protected]

LEFT
Get full report details
https://www.strategyr.com/market-report-plumbing-fittings-and-fixtures-forecasts-global-industry-analysts-inc.asp

Join our panel of experts
https://www.strategyr.com/Panelist.asp

Connect with us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./

Follow us on Twitter
https://twitter.com/marketbytes

Journalists & media
[email protected]

SOURCE Global Industry Analysts, Inc.

similar links

http://www.strategyr.com

The post World Plumbing Fittings and Fixtures Market to Attain $106.Four Billion by 2026 appeared first on Los Gatos News And Events.

TipRanks

Billionaire Ray Dalio pulls the trigger for 3 “Strong Buy” shares

There are experts in the stock market whose investment movements require respect. They earned this by long-term cultivating a reputation for crafting solid returns – and few of these experts have the stature of billionaire financier Ray Dalio. Dalio began trading commodity futures on Wall Street and founded Bridgewater Associates in 1975 from his New York City apartment. Today, with Dalio still at the top, Bridgewater has sales of over $ 46 billion and assets of over $ 140 billion. Dalio built his castle by following three rules for his investments. First, he reminds us that “good diversification is the most important thing you need to do to invest well.” Dalio’s second tip recalls the old market stereotype that past performance does not guarantee future returns, but its own Style is formulated. He says, “Don’t make the mistake of thinking that things that have gone up are better than more expensive.” Finally, Dalio tells us to always do the opposite of what your instincts are. Dalio would buy when others sell and sell when they buy – and the results for Bridgewater’s long-term success are clear. With Dalio in mind for inspiration to invest, we used TipRanks’ database to find out if three stocks the billionaire recently added to the fund were producing compelling results. According to the platform, the analyst community believes this is the case as all picks receive a consensus rating of “Strong Buy”. Let’s get started right away. Aptiv PLC (APTV) Aptiv has a long history in the automotive industry, using the Delphi name and being an integral part of Detroit’s supply chain from the mid-1990s to 2017, changing both its name and focus. In its modern incarnation, Aptiv is working on the fusion of high-tech and automotive technology. The company develops software, network and computer platforms to improve vehicle safety and efficiency. In January of this year, Aptiv introduced ADAS, its open and scalable platform that enables software-defined vehicles while reducing complexity. The platform offers powerful computing power to improve connectivity and get one step closer to autonomous vehicle propulsion systems. The platform also enables continuous updates over the life of the vehicle. In the first quarter, Aptiv had sales of $ 4 billion, up 20% year over year. Operating income was $ 437 million, up nearly 11% year over year, and earnings per share were $ 1.03. Earnings per share were below $ 6 a year ago, but were on par with $ 1.04 reported in the last two quarters. So Aptiv is working to break new ground in the automotive industry and its work is profitable. No wonder, then, that Dalio added 256,497 shares to its existing stake in the stock in the first quarter – an increase of more than 1,500% – and increased its stake in the company at its current valuation to $ 35.12 million. Now if we turn to analysts, the stock has a strong following, which includes 5-star analyst Brian Gesuale of Raymond James. “Business trends are solid and a combination of typical conservatism and several uncontrollable industry dynamics (supply chain, input costs, etc) offers ample opportunity for upgrades and beats / raises throughout the year…. We continue to see APTV as one of the best positioned auto tech names to benefit from the growth in adoption of green, connected and autonomous technologies, ”said Gesuale. Based on all of the above, the analyst rates APTV as outperforming (i.e. Buy) and his target price of $ 200 implies an upward movement of 46% for the coming year. (To see Gesuale’s track record, click here.) In general, the rest of the street agrees. 11 buys, 1 hold, and 1 sell made in the past three months give a consensus rating of “Strong Buy”. Additionally, the average target price of $ 170.33 suggests upside potential of 24%. (See APTV stock analysis on TipRanks) Vroom, Inc. (VRM) The second stock we’ll look at, Vroom, is an online retailer that specializes in used cars as well as parts and accessories, insurance, rental cars, and purchase finance. In a nutshell, Vroom is an online one-stop shop for automotive needs – for customers who don’t want to buy new products and who are located in the United States. Vroom was founded in 2012 and went public last summer. The IPO was priced at $ 22 and the stock closed at $ 47.90 on its first day of trading. In total, Vroom raised $ 467.5 million to bring its shares to market. In recent months, the company has expanded its last mile concierge service, delivering purchased vehicles and picking up customers’ old cars. The company added Detroit, LA, and Chicago to this service in May and Denver in April. Last week the company released its first quarter results, the fourth as a public entity. For the third consecutive quarter, the quarter saw revenue grow at $ 591.1 million. E-commerce accounted for $ 422.3 million of that revenue, an 81% year-over-year increase, and total online vehicle sales reached 15,504 units, up 96% year-over-year. Bridgewater pulled the trigger on VRM in the first quarter and bought over 47,000 shares. This is a new position in the stock of Dalio’s company and is currently valued at $ 2.01 million. Five-star analyst Seth Basham, weighing the company for Wedbush, points to the first quarter results as an encouraging sign. “VRM delivered solid results for Q1 21 that exceeded expectations on the buy and sell side. In addition to benefiting from strong market momentum, VRM is also generating higher margins by virtually eliminating bottlenecks related to post-sale support processes and investing to stay ahead of growth in this and other key areas, “wrote Basham. The analyst summarized: “With these strong results, solid projections and continuous improvements, we believe VRM could exceed its unchanged growth targets for FY21 of 100% + e-commerce units and 200% gross profit and it could achieve those goals with results for the second quarter of 21 increase. “Unsurprisingly, Basham is giving VRM shares an Outperform (i.e. Buy) rating, along with a target price of $ 60 that implies an uptrend of ~ 41% for the next 12 months (To see Basham’s track record, Click Here.) Since the buy ratings are 10 to 1 higher than the holds, VRM stocks have a solid strong buy consensus rating, the stock price is $ 42.60, and the average target of $ 53.64 beats a year ahead of upside of ~ 26%. (See VRM stock analysis at TipRanks.) Tempur Sealy (TPX) From the automotive industry, we shift gears, slow down and take a look at the bedding. You probably don’t think much about your bed, your mattress or your pillow, but taken together they are big business. Tempur Sealy, which owns well-known bedding products Tempur-Pedic, Stearns & Foster and Sealy, is an industry leader. Last year the company increased sales by 18% from 3 , Increase $ 11 billion to $ 3.68 billion. Over the past 12 months, TPX stocks have soared an impressive 155%, more than doubling in value. While the company experienced a short-lived decline in sales during the corona crisis, the business has since recovered, and each of the past three quarters has posted sales of more than $ 1 billion. In April, TPX reported first quarter earnings that show a 27% year-over-year increase in total revenue and earnings per share of 62 cents. EPS declined sequentially from the fourth quarter, but increased 121% year over year. The company saw a significant year-over-year increase in cash flow from operating activities from $ 15 million to $ 86.3 million. We see a solid company with a solid foundation that is sure to attract an investor interested in diversity and returns. Dalio’s company bought 199,649 shares of TPX in the first quarter. This was a new position for Bridgewater, but an essential one; At the current share price, it’s worth $ 7.24 million. Among the cops is Piper Sandler’s 5-star analyst Peter Keith, who underscores the solidity of the TPX investment. “TPX’s competitive position remains at an all-time high, the bedding industry has never been healthier, the consumer is in great shape, and international trends should see sequential improvement by 2022. While supply chain constraints have caused some disruption, TPX believes headwinds will ease significantly by the end of the second quarter, ”said Keith. To do this, Keith rates TPX as overweight (i.e. buy) and has a target price of $ 50, which indicates a year-long upward movement of ~ 40%. (To see Keith’s track record, click here.) Wall Street unequivocally agrees with Keith as the 8 ratings of the stock include 6 to buy and only 2 to hold for a strong buy consensus rating. The trade price is $ 35.83 and the average target price of $ 46 implies an uptrend of 28% from that level. (See TPX stock analysis on TipRanks.) To find great ideas for trading stocks at attractive valuations, visit TipRanks ‘Best Stocks to Buy, a newly launched tool that brings together all of TipRanks’ stock insights. Disclaimer: The opinions expressed in this article are solely those of the presented analysts. The content is intended to be used for informational purposes only. It is very important that you do your own analysis before making any investment.

The post World Plumbing Fittings and Fixtures Market to Attain $106.four Billion by 2026 appeared first on Los Gatos News And Events.