A recent report entitled “Ceramic Sanitaryware Market By Product Type (Toilet Sinks/Water Closets, Wash Basins, Pedestals, and Cisterns), Technology (Slip Casting, Pressure Casting, Tape Casting, and Isostatic Pressing) and Geography (North America, Asia-Pacific, Europe and RoW)—Global Trends & Forecast To 2019,” published by MarketsandMarkets, defines and segments the market with an analysis and forecast of the market size by value. The ceramic sanitaryware market size by value is projected to reach $46 billion by 2019, with a compound annual growth rate (CAGR) of 10.1% between 2014 and 2019.

 

The ceramic sanitaryware market is mainly driven by the growth in the real estate market. In developed economies, the demand for ceramic sanitaryware products is driven by replacement need. The shift of production from developed nations to developing nations and a changing consumer preferences for luxury products are also driving the market for ceramic sanitaryware products. Consumers in developing nations are placing more emphasis on look and feel; hence, it acts as a driver for the market. The leading players in the market include Roca Sanitario S.A.(Spain), Toto Ltd. (Japan), American Standard Brands (U.S.), and Kohler Co. (U.S.) among others.

 

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