Skip to main content
  1. Market Insights
  2. Consumer
  3. DIY & Hardware Store

Bathroom Hardware - Montenegro

Montenegro
  • In Montenegro, the revenue in the Bathroom Hardware market is estimated to reach US$7.31m in 2025.
  • This market segment is projected to experience a yearly growth rate of 2.29% (CAGR 2025-2029).
  • When compared globally, China stands out as the top revenue generator in this sector, with an estimated revenue of US$39.25bn in 2025.
  • Looking at the per person basis, in Montenegro generates US$11.68 in revenue per individual in the Bathroom Hardware market in 2025.
  • "Montenegro's bathroom hardware market is experiencing a surge in demand for eco-friendly and sustainable products."

Definition:

The Bathroom Hardware segment focuses on products designed to enhance the functionality and appearance of bathrooms.

Additional Information:

The market consists of revenue and average revenue per capita data. Per capita figures take into account the whole population. This market includes only B2C (business to consumer) sales. B2B (business to business) sales (e. g., hardware for coffee shops, offices, etc.) are excluded. For more information on the displayed data, click the info button on the right hand side of each box.

In-Scope
  • Toilets & toilet seats
  • Shower & bathtubs
  • Bathroom sinks & faucets
  • Bathroom hardware
  • Saunas & spas, bath fans
Out-Of-Scope
  • Bathroom furniture
  • Bathroom accessories
  • Homeware
Bathroom Hardware: market data & analysis - Cover

Market Insights report

Bathroom Hardware: market data & analysis
Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update:

    Source: Statista Market Insights

    Notes: Data is shown using current exchange rates. The applied current exchange rates are displayed in the Key Market Indicators below.

    Most recent update:

    Source: Statista Market Insights

    Sales Channels

    Most recent update:

    Source: Statista Market Insights

    Global Comparison

    Notes: Data is shown using current exchange rates. The applied current exchange rates are displayed in the Key Market Indicators below.

    Most recent update:

    Source: Statista Market Insights

    Analyst Opinion

    The Bathroom Hardware Market in Montenegro nan is experiencing negligible growth due to factors such as low consumer awareness and limited access to online services. However, there is still potential for growth as more consumers prioritize home improvement and DIY projects.

    Customer preferences:
    The COVID-19 pandemic has greatly influenced consumer purchasing behaviors within the Bathroom Hardware Market in Montenegro as individuals spend more time at home. As a result, there is a growing trend towards DIY home renovation projects, leading to a higher demand for affordable and easy-to-install bathroom hardware products. Additionally, as remote work and virtual meetings become the new norm, there is a greater emphasis on creating functional and aesthetically pleasing home office spaces, driving the sales of ergonomic and space-saving bathroom hardware solutions.

    Trends in the market:
    In Montenegro, the Bathroom Hardware Market within the DIY & Hardware Store Market is experiencing a shift towards eco-friendly and sustainable products. This is driven by increasing consumer awareness and demand for environmentally responsible options. Additionally, there is a growing trend towards minimalist and modern designs, with a focus on functionality and space-saving solutions. These trends are significant as they align with the global movement towards sustainable living and have the potential to impact the industry stakeholders, including manufacturers, retailers, and consumers. This may necessitate a shift in production and marketing strategies to cater to the evolving consumer preferences and increase competitiveness in the market.

    Local special circumstances:
    In Montenegro, the Bathroom Hardware Market within the DIY & Hardware Store Market is influenced by the country's small size and developing economy. This results in a limited product offering and higher prices compared to neighboring markets. The market is also impacted by the country's cultural preference for specialty stores rather than large retailers. Additionally, there are strict regulations on the import and sale of certain products, making it challenging for international brands to enter the market. These factors contribute to a unique market dynamic, requiring companies to adapt their strategies to cater to the local consumer and regulatory landscape.

    Underlying macroeconomic factors:
    The growth of the Bathroom Hardware Market within the DIY & Hardware Store Market is heavily influenced by macroeconomic factors such as the overall health of the national economy, consumer spending patterns, and government fiscal policies. Countries with strong economic growth and low unemployment rates tend to have higher demand for bathroom hardware products, as households have more disposable income to spend on home improvements. Additionally, fluctuations in interest rates and currency exchange rates can impact the cost and availability of bathroom hardware products, affecting market growth. Finally, government policies and regulations, such as tax incentives for home renovations or import tariffs on foreign bathroom hardware products, can also affect the market performance in Montenegro.

    Methodology

    Data coverage:

    Data encompasses B2C enterprises. Figures are segmented by product type and consist of the following: Paint, Wallpaper & Supplies, Tools & Machines, Hardware and Building Materials, Lawn & Garden, Heating & Cooling, Bathroom Hardware, and Floor Covering.

    Modeling approach / Market size:

    Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as product value, import value, and export value to determine domestic supply. This data helps us to estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are turnover indices, GDP per capita, and consumer spending per capita.

    Additional Notes:

    The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

    Consumer

    Access more Market Insights on Consumer topics with our featured report

    Bathroom Hardware: market data & analysis - BackgroundBathroom Hardware: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update:

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Home improvement in the U.S. - Statistics & Facts

    Building and renovating homes involves general contractors and subcontractors who build new homes and remodel existing homes. Home renovation projects also encompass the remodeling of external structures such as gardens, garages, and lawns. The total U.S. home improvement expenditure amounted to 566 billion U.S. dollars in 2022. Homeowners undertake home improvement to make residential properties more comfortable, upgrade air conditioning and heating systems, waterproof roofs and basements, soundproof rooms, and to extend their homes and boost energy savings.
    More data on the topic

    Contact

    Get in touch with us. We are happy to help.
    Meredith Alda
    Sales Manager

    Mon - Fri, 9am - 6pm (EST)

    Lodovica Biagi
    Director of Operations

    Mon - Fri, 9:30am - 5pm (GMT)

    Ayana Mizuno
    Junior Business Development Manager

    Mon - Fri, 10:00am - 6:00pm (JST)

    Carolina Dulin
    Group Director - LATAM

    Mon - Fri, 9am - 6pm (EST)

    Yolanda Mega
    Operations Manager

    Mon - Fri, 9am - 5pm (SGT)