Smart Bathroom Market by Types (Smart Toilets, Smart Faucets, Shower Systems, Smart Windows, and Smart Bathroom), Applications (Commercial and Residential), By Regions (North America, Latin America, Europe, Asia Pacific, and the Middle East) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031
The global smart bathroom market size was valued at USD 7.52 Billion in 2022 and is likely to reach USD 21.02 Billion by 2031 , expanding at a CAGR of 12.1% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing number of smart homes, particularly in developing, and developed countries across the globe.
Customers are looking for the bathrooms that offer spa-like experience and have fixtures that works on sensors. The adoption of smart bathrooms helps in providing water for shower at required temperature with the help of voice-assistance devices such as Amazon’s Alexa and Google Home. This bathroom further discloses the water consumption and showering time. The commodes in the bathroom are flushed automatically.
Market Trends, Drivers, Restraints, and Opportunities
-
Increasing number of populations moving to urban areas has led to change in lifestyle, which in turn, has encouraged the development of smart houses. Thus, such factor is anticipated to propel the market growth.
-
Increasing number of home improvement projects and washroom re-designs, especially in developed nations is expected to positively influence the growth of the market.
-
Rising disposable income and increasing inclination to building energy-proficient homes are expected to drive the development of the smart bathroom industry.
-
High cost associated with installation and maintenance of smart bathrooms is expected to act as a potential restraint for the growth of the global smart bathroom market
-
Increasing need for energy-efficient buildings in the commercial and residential sector is expected to stimulate the market growth.
Scope of Smart Bathroom Market Report
The report on the global smart bathroom market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Smart Bathroom Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Types (Smart Toilets, Smart Faucets, Shower Systems, Smart Windows, and Smart Bathroom), Applications (Commercial and, Residential) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends. |
Key Players Covered |
American Standard Brands, Cera Sanitaryware Ltd., Moen Incorporated, Lixil Group, Jacuzzi, Jaguar, Kohler Co., spectrum Brands, Masco Corporation, Roca Sanitario, Toto Ltd. Sloan Valve, Pfister (Spectrum Brands), Delta Faucet Company, and Bradley Corporation. |
Smart Bathroom Market Segment Insights
Based on types, the market is segmented into smart toilets, smart faucets, shower systems, smart windows, and smart bathrooms. The smart toilets segment is expected to hold a major market share due to the large consumer demand for daily toiletry needs. Additionally, the increasing demand for mobility-assist smart toilets owing to rising geriatric population is propelling the growth of this market segment. The shower systems segment is anticipated to grow at a healthy rate during the forecast period. Some bathroom showers come with Bluetooth technology, which permits the user to play music, while some of the shower systems come with a television mounted on the wall so one can watch TV programs.
In terms of applications, the market is divided into commercial and residential. The commercial segment dominated the market in 2020, in terms of revenue. This is attributed to the rapid growth in the commercial real estate sector in emerging economies including China and India, as a result of supportive government policies for urban development. The commercial sector, which incorporates malls and shopping centers has been heavily investing into rebuilding activities to upgrade the consumer's experience. On the other hand, the residential segment is anticipated to grow at a robust rate during the forecast period. Rising disposable income and increasing awareness about smart bathrooms are encouraging people to invest in innovative smart bathrooms. Moreover, growing spending on renovation is positively influencing the residential and commercial segments.
On the basis of regions, the market is classified as North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In 2020, North America accounted for a large market share owing to the rising disposable income and early adoption of latest technologies in countries such as the US and Canada. On the other hand, the market in Asia Pacific is anticipated to grow at a healthy rate owing to increasing spending of government in countries such as India and China on urban planning.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Bathroom Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Bathroom Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Bathroom Market - Supply Chain
4.5. Global Smart Bathroom Market Forecast
4.5.1. Smart Bathroom Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Bathroom Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Smart Bathroom Market Absolute $ Opportunity
5. Global Smart Bathroom Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Smart Bathroom Market Size and Volume Forecast by Types
5.3.1. Smart Toilets
5.3.2. Smart Faucets
5.3.3. Shower Systems
5.3.4. Smart Windows
5.3.5. Smart Bathroom
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Smart Bathroom Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Smart Bathroom Market Size and Volume Forecast by Applications
6.3.1. Commercial
6.3.2. Residential
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Smart Bathroom Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Smart Bathroom Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Smart Bathroom Demand Share Forecast, 2019-2026
8. North America Smart Bathroom Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Smart Bathroom Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Smart Bathroom Market Size and Volume Forecast by Types
8.4.1. Smart Toilets
8.4.2. Smart Faucets
8.4.3. Shower Systems
8.4.4. Smart Windows
8.4.5. Smart Bathroom
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Smart Bathroom Market Size and Volume Forecast by Applications
8.7.1. Commercial
8.7.2. Residential
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Smart Bathroom Demand Share Forecast, 2019-2026
9. Latin America Smart Bathroom Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Smart Bathroom Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Smart Bathroom Market Size and Volume Forecast by Types
9.4.1. Smart Toilets
9.4.2. Smart Faucets
9.4.3. Shower Systems
9.4.4. Smart Windows
9.4.5. Smart Bathroom
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Smart Bathroom Market Size and Volume Forecast by Applications
9.7.1. Commercial
9.7.2. Residential
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Smart Bathroom Demand Share Forecast, 2019-2026
10. Europe Smart Bathroom Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Smart Bathroom Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Smart Bathroom Market Size and Volume Forecast by Types
10.4.1. Smart Toilets
10.4.2. Smart Faucets
10.4.3. Shower Systems
10.4.4. Smart Windows
10.4.5. Smart Bathroom
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Smart Bathroom Market Size and Volume Forecast by Applications
10.7.1. Commercial
10.7.2. Residential
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Smart Bathroom Demand Share Forecast, 2019-2026
11. Asia Pacific Smart Bathroom Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Smart Bathroom Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Smart Bathroom Market Size and Volume Forecast by Types
11.4.1. Smart Toilets
11.4.2. Smart Faucets
11.4.3. Shower Systems
11.4.4. Smart Windows
11.4.5. Smart Bathroom
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Smart Bathroom Market Size and Volume Forecast by Applications
11.7.1. Commercial
11.7.2. Residential
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Smart Bathroom Demand Share Forecast, 2019-2026
12. Middle East & Africa Smart Bathroom Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Smart Bathroom Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Smart Bathroom Market Size and Volume Forecast by Types
12.4.1. Smart Toilets
12.4.2. Smart Faucets
12.4.3. Shower Systems
12.4.4. Smart Windows
12.4.5. Smart Bathroom
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Smart Bathroom Market Size and Volume Forecast by Applications
12.7.1. Commercial
12.7.2. Residential
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Smart Bathroom Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Smart Bathroom Market: Market Share Analysis
13.2. Smart Bathroom Distributors and Customers
13.3. Smart Bathroom Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. American Standard Brands
13.4.2. Cera Sanitaryware Ltd.
13.4.3. Moen Incorporated
13.4.4. Lixil Group
13.4.5. Jacuzzi
13.4.6. Jaguar
13.4.7. Kohler Co.
13.4.8. Spectrum Brands
13.4.9. Masco Corporation
13.4.10. Roca Sanitario
13.4.11. Toto Ltd.