The global toilet tank fittings market report explores the critical analysis of the toilet tank fitting industry using key parameters. The report consists of investment strategies, the need for investments in the toilet tank fittings industry, and the multiple benefits for investors. Importantly, this report sets out major changes in the global technical regulations for the toilet tank fittings industry and how economic and non-economic barriers are helping the market grow. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses include Porter's five forces analysis, PESTEL analysis, value chain analysis, etc.
REPORT ATTRIBUTE
DETAILS
Toilet Tank Fittings Market by Volume
Yes
Market by Value
Yes
Market, Tornado Analysis
Yes
Market, STAR Analysis
Yes
Market, SRC Analysis
Yes
Market, Import-Export Data
Yes (On Demand)
Market Pricing Analysis
Yes (On Demand)
Market Segment Analysis
By Type (Fill Valve, Flush Valve, Push Button & Lever, and Others)
By Size (1.5 Inches, 2 Inches, and 3 Inches)
By Application (Residential, Hotels, Commercial Buildings, and Others)
By Sales Channel (Hardware Stores, Online Retail, and Others)
Market, Regional Analysis
North America (the US and Canada)
Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, South East Asia, and the Rest of Asia Pacific)
Latin America (Brazil, Mexico, and the Rest of Latin America)
Middle East and Africa (GCC Countries, South Africa, and the Rest of the Middle East and Africa)
How are the major segments performing in the Toilet Tank Fittings Market?
The fill valve type segment led the global market in 2021. Fill valves are commonly used to refill water tanks in plumbing fixtures. It eliminates the requirement for an overflow tube by detecting when the tank has reached the capacity peak and then cutting off the water supply.
The 2 inches size segment accounted for the largest global market share in 2021. The most common standard toilets are either 2-inch or 3-inch in size. This describes the pipe size that runs through the floor drain and into the toilet.
The commercial buildings application segment is expected to grow faster owing to many high-end hotels, bars, restaurants, and shopping malls installing smart toilets to provide quality cleaning services to their customers.
In 2021, the hardware stores sales channel segment dominated the global market as consumers widely used to purchase these toilet tank fittings-related accessories from the hardware shops channels worldwide.
Which region dominated the toilet tank fittings market?
The European toilet tank fittings market is expected to expand significantly owing to technological advancement and rising living standards. Other factors expected to drive the toilet tank fittings market growth include increased demand for these products in the region and a growing construction industry. The regional market is further driven by rapidly rising consumer spending on smart toilet purchases and bathroom hygiene products. The increased spending on hygiene and health-related items in Germany and France is a positive development for the market's expansion.
How is US Market Performing in the Toilet Tank Fittings Market?
In 2021, the United States dominated the North American toilet tank fittings market. The rising demand for a two-piece and one-piece toilets and the country's growing awareness of water conservation can be credited with the market's expansion. Sales of toilet tank fittings in the United States are driven by an increase in demand for toilets with high-end features and designs, fueling market growth. Commercial building construction in the United States will be faster in 2022 than in the previous year. Several factors contribute to the rise in commercial buildings, including low-cost capital, regulations, demographics, and technology.
What is the competitive environment of the toilet tank fittings market?
The major market players are expanding their distribution channels, including offline and online platforms. This is expected to drive the tank fitting market forward and broaden the target audience. Key players in the toilet tank fittings market are developing global strategies to take their companies through partnerships, investments, and acquisitions. This allows them to diversify their portfolio and adopt new technology, which can aid in developing new products. For instance, Kohler Co. and thousands of volunteers from professional homebuilders and suppliers will team up with Habitat for Humanity for the 2019 Home Builders Blitz, donating their skills, time, and funds to help build and repair toilet tanks in communities across the country.
Executive Summary
What technical developments are being developed in the global toilet tank fittings market?
The rising demand for water-saving technology propels the global toilet tank fittings market. The main goal of leading toilet tank manufacturers is to save water and water resources. Population growth has heightened the need for water sustainability, necessitating greater conservation efforts. Toilet tanks make a significant contribution to water conservation. Water-saving toilet tank fittings reduce total household water consumption.
Which are the key investments by the toilet tank fittings market players?
Leading companies are entering the toilet tank fittings market with significant investments and the introduction of cutting-edge products and solutions. For instance, Kohler Company announced third-party verified declaration labels for toilet tank plumbing products in February 2020. Kohler Company has invested in and collaborated with Toxnot, GreenCircle Certified, and the International Living Future Institute (ILFI) to develop this first-of-its-kind system for producing third-party verified material wellbeing disclosures at scale. This verification would provide the best solutions for environmental impact and transparency for material fittings.
Some major toilet tank fittings market players are R&T Plumbing, WDI Plumbing, Xiamen Alyn Plumbing, Fluidmaster, Yuyao Meige Sanitary Parts Industrial Co. Ltd, BQM, Zhoushan Haichen, Siamp, Meitu, and Geberit.
What are the Major Driving Factors for the Toilet Tank Fittings Market?
The increase in demand for water-saving technology is driving the global market for toilet tank fittings. Water conservation and the protection of water resources are the primary goals of reputable toilet tank manufacturers. Population growth has increased the demand for water sustainability, requiring greater water conservation. The robustness and excellence of the toilet tank fitting accessory may create new market opportunities.
What are the Major Risks for the Toilet Tank Fittings Market?
Strong competition and the availability of substitute products are impeding the growth of the global market. Businesses that install toilet tanks face challenges from substitute products. Traditional toilets are frequently preferred in developing nations like China, India, and others. The future toilet tank fittings market is anticipated to experience slow growth due to a lack of consumer awareness of the features, cost restraints, and low penetration in developing nations. The culture surrounding hygiene also varies from nation to nation. High-income groups and upscale commercial structures are the only places where toilet tank fittings are in demand.
Which is the key type in the toilet tank fittings market?
The fill valve type segment is dominated the market in 2021. Water tanks in plumbing fixtures are frequently refilled using fill valves. It eliminates the need for an overflow tube by detecting when the tank's capacity has reached its maximum and then cutting off the water supply. This enables the tank to be filled to the desired level without overflowing, wasting water, or causing flooding. This type of fitting is typically found in older toilets, with newer fittings such as the fill valve and flush valve taking their place. It is typically made up of a lever and a push-button, both used to release water from the reservoir into the bowl.
How is the toilet tank fittings market performing in regions?
The European market is expected to hold a larger market share than other regional markets during the forecast period. Rapidly increasing consumer spending on bathroom hygiene and smart toilet purchases drive the regional market. Touchless smart toilets are preferred by many people in the United Kingdom and Germany. A favorable development for the market's growth is the rise in hygiene and health-related expenditure in Germany, the UK, and France.
Asia Pacific region is estimated to witness lucrative growth in the global toilet tank fittings market by 2028. This can be attributed to the region's growing population and rising consumer sanitation awareness, which has increased through installing toilet tanks and related accessories. Rapid regional urbanization has resulted in a surge in residential and commercial infrastructure demand. The increasing demand for one-piece toilets from residential consumers in Japan and China is primarily responsible for the market's growth.
What is the regulatory landscape for the toilet tank fittings market?
Governments have recently become more aware of water conservation methods, which has fueled this industry's growth. The use of environmentally friendly toilet tanks has grown in recent years. For instance, Japanese toilet manufacturers now offer eco-friendly new models with flush volumes of less than 5.5 liters, compared to the 13.5 liters used by tanks made a decade ago. The modern lavatory experience is defined by technology, and Japan is the center of this innovation. As a result, other emerging and well-known vendors have been compelled to create and adopt environmentally friendly toilet tanks. Toilet tank fittings are associated with water waste and contamination due to the flush mechanism; many companies are attempting to offer sophisticated toilet tank technologies to reduce waste, while Japan has major vendors bringing newer toilet tank fittings technology. The major suppliers in this market, including Kohler, Toto, Siamp, and Geberit, provide EPA-certified toilet tank fittings.
What is the Market Size of Toilet Tank Fittings regarding value?
The global toilet tank fittings market is anticipated to grow at a substantial CAGR of 5.4% in the upcoming years. The global toilet tank fittings industry is estimated to be worth USD 2.1 billion in 2021 and is expected to be worth USD 2.87 billion by 2028.
What are the major players planning for the future of the toilet tank fittings market?
Toilet tank fittings provide significant benefits with various efficiency sensors built into their systems, such as saving space, glancing more modern, being available, and being easy to clean. These advantages of toilet tank fittings are anticipated to support market expansion in the upcoming years. Combined with rapid economic development and lifestyle improvements worldwide, these factors are expected to be a significant headwind for the global toilet tank fittings market. All of these factors will offer significant opportunities for market expansion during the anticipated period. Moreover, developing markets worldwide will present untapped opportunities for a market for integrated toilet tank fittings.
Segmentation of Global Toilet Tank Fittings Market -
Global Toilet Tank Fittings Market – By Type
Fill Valve
Flush Valve
Push Button & Lever
Others
Global Toilet Tank Fittings Market – By Size
5 Inch
2 Inches
3 Inch
Global Toilet Tank Fittings Market – By Application
Residential
Hotels
Commercial Buildings
Others
Global Toilet Tank Fittings Market – By Sales Channel
Hardware Stores
Online Retail
Others
Global Toilet Tank Fittings Market – By Region
North America
US
Canada
Europe
Germany
France
UK.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Frequently asked questions about the global toilet tank fittings market
The COVID-19 pandemic has had a major effect on the building industry, reducing the demand for toilet tank fittings. The global market revenue share decreased by more than 3.2% in 2020–21.
Europe accounted for the most heightened share in the global toilet tank fittings market.
Increased building construction and infrastructure spending are expected to boost the growth of the toilet tank fitting market during the forecast period. Moreover, rising consumer disposable income, rapid urbanization, increased demand for toilet fitting and new toilet construction have contributed to the market's expansion.
The fill valve segment had a major share in the global market in 2021.
The hardware stores segment had a major share in the global market.
