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With the recent growth of urbanization, the rise of home decoration industry is expected to have a positive impact on the demand of the global shower room market. Orbis Research Institute believes that the global market for shower partitions will reach 8% CAGR by 2020. The purpose of the shower room is to separate the bathroom from the rest of the bathroom.
The fastest growing market for shower rooms in the Americas
EMEAOrbis's market research analysts estimate that the Americas will be the fastest growing market in the forecast period. It is expected that the region will increase by nearly 14% at an alarming rate during the forecast period, and factors such as the recent growth of American residential buildings are expected to account for the region's high market growth rate during the forecast period.
The glass plate will be the largest market plate
According to the classification of material types, in the analysis of the shower room partition market, the frame hardware glass is made up of the main material of the shower room, and the analysts estimate that the glass plate will become the largest market section in the forecast period. This market segment now accounts for nearly 54% of the market share, and it will increase the possibility of taking account of its high market share during the forecast period.
The global shower room partition market is very competitive
The competition pattern and key suppliers of the global shower room market are highly dispersed and highly competitive. Large suppliers in the shower room offer a wide range of high quality products, but are expected to face fierce competition from local suppliers because they are able to provide high quality products at a reasonable price.
Shower room products will account for more than 80% of the leading role in bathroom.
In China, with the development of the shower room industry, showers are increasing at an average speed of 20%~25%. In 2017, the shower room will enter more families and will be favored by more and more real estate projects. Experts predict that in recent years, all kinds of real estate development projects, star rated hotels, hotel bathroom complete decoration, shower room products will account for more than 80%, become the protagonist in the bathroom. With the hot market of home decoration, shower room industry is favored.