About Toilet Tank
The toilet tank, also known as a cistern, is a small tank that is used to store water for flushing. The traditional toilet tank is made up of Porcelain, but the newer tank is made up of plastic and other materials. With the growing trend of smart homes, some toilet tanks are now equipped with sensors and smart technology. Rise in the number of commercial and residential buildings. This is directly attributed to an increase in construction-based activities across these regions and the demand for home improvement and refurbishments. Also growing awareness of water saving techniques by adoption of modern cisterns which meet the water sense criteria set by authorities such as the Environmental Protection Agency (EPA) is a reason for adoption of such tanks.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Toilet Tank market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Jaquarworld. (India), Duravit AG (Germany), Swiss Madison (United States), Roca Sanitario S.A.U. (Spain), Cotto (Thailand), Varmora Granito (India), Ferguson Enterprises, LLC (United States), Fluidmaster, Inc (United States), SFA (India), Niagara Conservation Corporation. (United States) and Bemis Manufacturing Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are TOTO LTD. (Japan), Kohler Co. (United States), Yuyao Meige Sanitary Parts Industrial Co., Ltd. (China), SIAMP (France) and American Standard (United States).
Segmentation Overview
AMA Research has segmented the market of Global Toilet Tank market by , Application (Commercial, Residential and Others) and Region.
On the basis of geography, the market of Toilet Tank 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). If we see Market by Type, the sub-segment i.e. Floatless Fill Valves Toilet Flushing System will boost the Toilet Tank market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Speciality Stores will boost the Toilet Tank market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Porcelain will boost the Toilet Tank market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased adoption of eco-friendly toilets tank
Market Growth Drivers:
Growing awareness of the importance of hygiene and sanitation, Increasing demand for water-efficient toilet tanks and Increasing demand for the concealed water tanks by the commercial buildings concentrating in increasing the aesthetic look of the bathroom.
Challenges:
Adapting products to meet diverse aesthetic preferences while incorporating modern technologies can be challenging.
Restraints:
High cost of advanced toilet tanks such as, sensors and smart technology
Opportunities:
Explore innovations in toilet tank technology, such as smart toilets with self-cleaning mechanisms, or water-saving solutions. and Focus on innovation of sustainability, eco-friendly features in toilet tanks, such as dual-flush systems or water-saving mechanisms.
Market Leaders and their expansionary development strategies
In January 2021, Bemis Manufacturing Company, the world's largest toilet seat manufacturer, has acquired Bio Bidet, an established and successful bidet company that includes bidet and smart toilet seats, and bidet attachments. The acquisition expands the bathroom products portfolio.
In June 2020, RC Plasto Launched Eco-Friendly Dual Flush Tank. The new launch aims to save a lot of water, while bathing and using the toilet. This dual flush tank is available in white and ivory colours with a slim design body, the tank is available with two flushing options. It has a half flush (4 L) and a full flush, (8L) button. and In September 2021, Roca’s shower toilet launched the In-Wash with In-Tank, which combines maximum intimate hygiene and greater freedom of installation. With Roca’s In-Tank® technology, you can forget about the cistern as the water tank is integrated into the WC. The Soft Air injection system propels water towards the upper section of the bowl, providing a full, effective, and quiet flush.
Key Target Audience
Supplier, Manufacturer, Research organization, Government Regulatory, End-User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.