The Plumbing Fitting market report analysis series and provides a comprehensive insight into the global Plumbing Fitting channel. It analyses the market, the major players, and the main trends, strategies for success and consumer attitudes. It also provides forecasts to 2024.
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About Plumbing Fitting Industry
Plumbing components are typically used in laying pipelines that provide means of transport for fluids into and out of the building. Given that efficient plumbing is a critical requirement for all buildings, demand for plumbing fittings and fixtures is dependent on the level of construction activity, which in turn is influenced by the overall health of the economy. The level of economic growth and construction activity primarily dictates market prospects for plumbing fittings.
Rapid urbanization in developing countries will continue to drive growth in the market, since strong urban concentration will trigger increases in infrastructure expenditure, and urban planning. The creation of large megacities involves the construction of high-rise buildings and skyscrapers, which in turn increases prospects for plumbing work, thus driving market prospects for plumbing fittings and fixtures.
China is the dominate producer of plumbing fitting, the production was 327.27 million pieces in 2015, accounting for about 42.14% of the total amount, followed by USA, with the production market share of 23.58%. India has emerged as the second largest sanitaryware market by volume in Asia Pacific and has the largest growth rate of 14.26% from 2011 to 2015.
The industry concentration is relatively low. Manufactures are distributed around the world. Leading players in plumbing fitting industry are Masco Corporation, Fortune Brands, LIXIL Corporation, Lota Group. Masco Corporation is the largest manufacturer, with the production market share of 7.11% in 2015. The top four companies occupied about 18.14% production share of the market in 2015.
The worldwide market for Plumbing Fitting is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Plumbing Fitting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Plumbing Fitting market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Plumbing Fitting market are:–
- Masco Corporation
Globe UNION Industrial Corp
Villeroy & Boch
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Important application areas of Plumbing Fitting are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Plumbing Fitting market. The market study on Global Plumbing Fitting Market 2018 report studies present as well as future aspects of the Plumbing Fitting Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
Application of Plumbing Fitting Market are:
Product Segment Analysis of the Plumbing Fitting Market is:
Valves and Pipe Fittings
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The scope of Plumbing Fitting Market report:
— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa],
South America [Brazil, Argentina, Columbia, Chile, Peru])
— Industry chain analysis, raw material and end users information
— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
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Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Plumbing Fitting market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
In this study, the years considered to estimate the market size of Plumbing Fitting Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
No Of Pages in Plumbing Fitting Market Report: 136
Single User Licence Price: USD 3480
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