Shower Trays Market Scope
Shower tray is a stylish option that gives plenty of space for a comfortable and refreshing shower experience. Shower trays come in a variety of designs, style, material and elegant. These trays also offer maximum strength and rigidity. These trays are primarily made from ceramics, acrylic, marble, and steel materials. Moreover, the shower trays have gained popularity among luxury hotels, resorts, and spas owing to its elegant looks and designs.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Lixil Group (Japan), Kohler Co. (United States), Duravit (Germany), Porcelanosa (Spain), Hüppe GmbH (Germany), Eczacibasi (Vitra) (Turkey), Roca (Spain), MAAX Bath Inc. (Canada), Novellini S.p.A. (Italy) and Teuco S.p.A. (Italy) |
CAGR | 9.5% |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Research Analyst at AMA estimates that Spanish Vendors will contribute to the maximum growth of Global Shower Trays market throughout the predicted period.
Lixil Group (Japan), Kohler Co. (United States), Duravit (Germany), Porcelanosa (Spain), Hüppe GmbH (Germany), Eczacibasi (Vitra) (Turkey), Roca (Spain), MAAX Bath Inc. (Canada), Novellini S.p.A. (Italy) and Teuco S.p.A. (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Marleton Cross Limited (United Kingdom), Fiora Bath Collections SL (Spain), Polimat (United Kingdom), Marmite (Poland), Polysan (Czech Republic) and Dongpeng (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Shower Trays market by Type , by Application (Residential and Commercial) and Region with country level break-up.
On the basis of geography, the market of Shower Trays has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In July 2023, French bathroom solutions company Saniflo acquired Just Trays, a leading UK manufacturer of shower trays. This move strengthens Saniflo's presence in the UK market and expands its product portfolio with Just Trays' innovative and design-focused shower trays.
In December 2023, UK-based bathroom brand Roca unveils its "Smarter Tray" collection. These shower trays boast integrated smart features like temperature control and mood lighting, transforming the showering experience.
Influencing Trend:
Increased Use of Slimline Shower Trays
Market Growth Drivers:
Increase in Brand Awareness and Preference for High-End Products, The Increasing Hospitality Infrastructure among the Globe and The Surging Demand for Shower Trays from Residential Sector
Challenges:
High Initial Investment
Restraints:
Competition from Alternative Shower Solutions and Fluctuations in Raw Material Prices
Opportunities:
The Emerging Demand from Developing Countries
Key Target Audience
Shower Trays Manufacturers, Shower Trays Raw Material Suppliers, Shower Trays Traders/Distributors/Wholesalers, Shower Trays Importer/Exporter, Regulatory Bodies, Industry Association, Downstream Vendors and Others