Shower Screen Market Scope
Global population shifts from rural to urban areas, resulting in bigger towns and higher population density than ever before. This is a worldwide phenomenon that affects both developed and emerging economies. The planet is becoming increasingly urbanized. For certain customers, a luxurious item will boost their self-esteem or give them a feeling of belonging. Houses in luxurious abodes are seen as excellent investment opportunities by many people. The main explanation for this is that luxurious homes are performing investments, which ensures that their worth increases with time. With Increasing disposable income people now have more money to spend on luxuries, but Shower Screens however are now perceived as a necessity rather than a luxury.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Twyford Bathrooms (United Kingdom), Kohler (United States), duka AG (Italy), Saint-Gobain (France), Matki (United Kingdom), Roman Ltd (United Kingdom), DreamLine (United States), COLACRIL (Colavene SpA) (Italy), Megius SpA (Italy) and Kermi GmbH (Germany) |
CAGR | 4.7% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Shower Screen market throughout the predicted period.
Twyford Bathrooms (United Kingdom), Kohler (United States), duka AG (Italy), Saint-Gobain (France), Matki (United Kingdom), Roman Ltd (United Kingdom), DreamLine (United States), COLACRIL (Colavene SpA) (Italy), Megius SpA (Italy) and Kermi GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Jaquar Group (India), Gauzy Ltd and Entities (United States), Hindware Homes (India), Novellini SpA (Italy), SanSwiss Ronal Group (Switzerland), Roca (Spain) and Calibe (United Kingdom).
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 Screen market by Type , by Application (Household and Commercial) and Region with country level break-up.
On the basis of geography, the market of Shower Screen 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 2023.
Market Leaders and their expansionary development strategies
In October 2020 , Intrinsic Equity (Private Investment Firm) Completed its Acquisition of AQATA (UK Based luxury Shower Enclosure Manufacturer), this Strategic Move by Intrinsic Equity is Intended to Establish a Strong Position Across Luxury Shower Products Market.
In October, 2019,DreamLine Launched its New Line of Shower Door Products, under its “Linea Collection” Which Includes a Variety of Unique Glass Design Options, Including Clear, Mirrored, Stain Black Gridwork, And Pixelated Glass for Premium Bathroom Spaces., On 6th June, 2020 - Jaquar Launched Latest Shower Panels Called “Infinity”, a Black Model That Has a Glass Roof. Plus, a Variety of Features Such as Divertor, Body Shower, Hand Shower, Overhead Rain Shower, And Spout. and On 31st December, 2020 - Gauzy Ltd and Entities Introduced Smart Glass “LCG” For Bathroom Enclosures and Shower Doors, LCG Is A Switchable Privacy Glass That Is Modern, Aesthetically Appealing, Cost-Effective, And Simple to Clean for High-End Bathrooms. Electricity Turns on And Off Switchable Privacy Glass and Films.
Influencing Trend:
Rural-to-Urban Migration in Underdeveloped Regions and Home Décor Perceived as Symbol of Status
Market Growth Drivers:
Increasing Urbanization and Adoption of Urban Life Style, Rising Household Disposable Income and Growing Number of Luxury Residential Projects
Challenges:
International Shipping and Fierce Competitive Pressure
Restraints:
Sustainability Concerns
Opportunities:
Surge in Renovation Projects Across Regions
Key Target Audience
Shower Screen Manufactures, New Entrants and Investors, Shower Screen Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others