LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global shower trays market is expected to grow at a CAGR of more than 8% during the forecast period.
This research report titled ‘Global Shower Trays Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
Request sample report: http://goo.gl/YcdtMH
The report categorizes the global shower trays market into three major product segments. They are:
- Ceramic shower trays
- Acrylic shower trays
- Steel shower trays
Global ceramic shower trays market
The global shower trays market is expected to increase to over 14 million units by 2020, growing at a CAGR of almost 11%. Ceramic is widely used in the production of sanitary ware products such as washbasins, urinals, and shower trays. Ceramic possesses high thermal stability and wear resistance. Ceramic tiles are available in many colors and patterns, enabling sanitary ware manufacturers to make creative shower trays. In addition, increased awareness among customers about multiple international brands and designs is propelling market growth globally.
“The advanced ceramic industry in countries such as India is witnessing encouraging trends in domestic demand due to a rise in the construction and hospitality industries. This, in turn, is expected to boost the demand for ceramic shower trays during the forecast period,” says Soumya Mutsuddi, a lead analyst at Technavio for construction research.
Global acrylic shower trays market
The global acrylic shower trays market is expected to exceed 13 million units by 2020, growing at a CAGR of almost 7%. The use of an acrylic shower tray reduces installation costs, as a waterproof membrane is not required on the floor during the installation. The installation takes lesser time as compared to a tiled shower tray. “The process and materials used for the acrylic shower trays are inexpensive and not labor-intensive. These factors are expected to fuel market growth however, these shower trays do not last long, as they can crack easily and are prone to leaks,” says Soumya.
Global steel shower trays market
The global shower trays market is expected to reach 1.86 million units by 2020, growing at a CAGR of over 4%. Steel sanitary ware products are easy to clean, making them an ideal choice of material for easy maintenance. They are hygienic because of the non-porous, impervious nature of their surface and can withstand considerable impact and sudden shocks. Steel-enameled shower trays are resistant to acid and are easier to install, as they are lightweight.
Stainless steel is corrosion and stain resistant, making them the preferred material for wet environments. The mechanical properties of stainless steel such as high-temperature, strength, ductility, and durability, enable employment of slender construction, and these fittings occupy minimal space in the shower. Washbasins, bathtubs, shower trays, and toilets made from ceramic materials or polymers require large wall thicknesses while steel sanitary ware products require less space and are compact.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Duravit
- Huppe
- Kohler
- Porcelanosa
Browse Related Reports:
- Global Shower Enclosures and Cubicles Market 2016-2020
- Global Bath and Shower Products Market 2015-2019
- Global Faucet Market 2016-2020
Purchase these three reports for the price of one by becoming a Technavio subscriber. Subscribing to Technavio’s reports allows you to download any three reports per month for the price of one. Contact enquiry@technavio.com with your requirements and a link to our subscription platform.
About Technavio
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at media@technavio.com.
