Industry Overview of Toilet Tank Market
IMARC Group, a leading market research company, has recently releases report titled “Toilet Tank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global toilet tank market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is a Toilet Tank?
A toilet tank, also known as a cistern, is responsible for collecting and storing water used for flushing in a toilet. It is typically installed either directly on the bowl or on the wall behind the toilet. The tank includes important components such as a flush valve, which allows water to enter the bowl during flushing, and a fill valve that refills the tank after flushing. Other essential parts found in a toilet tank include a fill float, a rubber flapper, and an overflow tube. Toilet tanks are commonly manufactured using thermoplastic materials like polyester, polypropylene (PP), acetal (AC), and acrylonitrile butadiene styrene (ABS). These materials offer durability and resistance to water and chemicals. As a result, toilet tanks can be easily found in sanitary ware stores, hypermarkets, specialty stores, and other retail outlets.
Report Highlights
How big is the Toilet Tank market?
Report Attributes
Details
Market Size in 2022
US$ 693.2 Million
Market Forecast in 2028
US$ 817.6 Million
Growth rate (2023 to 2028)
CAGR of 2.3%
Base Year of the Analysis
2022
Forecast Period
2023-2028
What Are the Growth Prospects and Trends in The Toilet Tank Industry?
The toilet tank market is being driven by various factors. One primary driver is the implementation of government policies aimed at ensuring affordable, accessible, and safe sanitation facilities, particularly in rural areas. Additionally, the increasing presence of shopping malls, restaurants, amusement parks, offices, hospitals, cafes, theaters, airports, and railway stations contributes to market growth. The market is further stimulated by consumer demand for luxurious and high-end household accessories. This includes a preference for smart toilets equipped with sensors that activate the flushing mechanism automatically. Improving living standards and rising income levels contribute to this trend. Water-saving technology adoption by leading players is another significant growth factor. With groundwater levels decreasing and environmental concerns rising, there is a focus on reducing water wastage. This drives the utilization of water-saving technologies in toilet tanks. Moreover, the introduction of new and advanced cistern designs, as well as the growing use of natural stones like marble and granite in hotel renovation and refurbishment projects, enhance the aesthetic appeal and drive market growth. Furthermore, the popularity of portable washrooms at construction sites, public spaces, and events is expected to fuel the toilet tank market during the forecast period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Material Insights:
- Plastic
- Ceramic
- Metal
- Others
Mount Type Insights:
- Wall Mount
- Pre-Fitted
- Others
Operation Insights:
- Manual
- Single Button Press
- Double Button Press
- Lever
- Automatic
- Others
Distribution Channel Insights:
- Sanitary Ware Stores
- Specialty Stores
- Hypermarkets
- Online Stores
- Others
Application Insights:
- Households
- Hospitals
- Commercial
- Industrial
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Duravit AG
- Geberit AG
- Hindware Limited
- Jaquar Group
- Kohler Co.
- LIXIL Corporation
- Mansfield Plumbing Products LLC (Organizacion Corona S.A.)
- Roca Sanitario S.A.
- Siamp
- Thomas Dudley Ltd
- TOTO Ltd.
- WDI (Xiamen) Technology Inc.
- Yuyao Meige Sanitary Parts Industrial Co. Ltd.
- Zurn Industries LLC (Zurn Elkay Water Solutions Corporation)
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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