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Bathroom Hardware - United Arab Emirates

United Arab Emirates
  • In the United Arab Emirates, the revenue generated in the Bathroom Hardware market is projected to reach US$353.40m in 2024.
  • It is anticipated that the market will experience an annual growth rate of 2.41% from 2024 to 2029, as measured by the compound annual growth rate (CAGR).
  • When compared globally, China leads in terms of revenue generation, with an estimated amount of US$38bn in 2024.
  • Looking at the per capita revenue, each individual in the United Arab Emirates is expected to contribute US$36.84 in 2024.
  • The demand for luxury bathroom hardware is on the rise in the United Arab Emirates, as consumers seek to enhance their bathroom experiences with high-end fixtures and accessories.

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: Sep 2024

    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: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Company Insights

    Sales Channels

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The DIY & Hardware Store Market in the UAE has seen a stagnant growth rate due to factors like low consumer interest and lack of technological advancements. Despite this, the Bathroom Hardware Market is still expected to experience a moderate growth, driven by the increasing demand for home improvement and renovation projects.

    Customer preferences:
    With the rise of home improvement and DIY projects during the pandemic, consumers in the United Arab Emirates are increasingly looking for bathroom hardware that combines style with functionality. This has led to a growing demand for sleek and modern designs that cater to the region's aesthetic preferences. Additionally, as more people spend time at home, there is a growing interest in eco-friendly and sustainable bathroom solutions, such as water-saving devices and energy-efficient lighting fixtures. With the UAE's diverse population, retailers and manufacturers are also paying attention to diversity and inclusion in their product offerings to cater to the needs of different cultures and demographics.

    Trends in the market:
    In the United Arab Emirates, the Bathroom Hardware Market within the DIY & Hardware Store Market is experiencing a surge in demand for sustainable and eco-friendly products. There is also a growing trend towards smart bathroom technology, with products such as touchless faucets and temperature-controlled showers gaining popularity. These trends reflect a larger global movement towards environmentally-conscious and convenient home solutions. Industry stakeholders should take note of these trends and adapt their product offerings to cater to this growing market segment. This can also lead to potential collaborations and partnerships with technology companies, creating a more innovative and competitive market.

    Local special circumstances:
    'The Bathroom Hardware Market within the DIY & Hardware Store Market in United Arab Emirates is influenced by the country's high GDP per capita, which leads to a strong demand for luxury and high-end bathroom fixtures. The cultural emphasis on cleanliness and hygiene also drives the demand for high-quality bathroom hardware. Additionally, the UAE's strict building codes and regulations for plumbing systems play a significant role in shaping the market, with a focus on durability and efficiency of bathroom hardware. These factors contribute to a competitive market with a range of options for consumers.'

    Underlying macroeconomic factors:
    The Bathroom Hardware Market within the DIY & Hardware Store Market in the United Arab Emirates is influenced by macroeconomic factors such as the overall economic health of the country, as well as global economic trends and fiscal policies. The UAE has a strong and stable economy, with a well-diversified market and a favorable investment climate. Additionally, the government has implemented policies to promote economic growth and diversification, which has contributed to the steady demand for bathroom hardware products in the DIY & Hardware Store Market. Furthermore, the growing population in the UAE, as well as the increasing number of residential and commercial construction projects, have also positively impacted the demand for bathroom hardware products in the country.

    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

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    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: Sep 2024

    Source: Statista Market Insights

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