Global Bathroom Vanities Market to Grow as Disposable Incomes Rise

ALBANY, New York, January 27, 2016: Transparency Market Research presents a study pertaining to the global bathroom vanities market. The research report offers the readers an accurate account of the same. The research report, titled “Bathroom Vanities Market - Global Industry Analysis, Size, Share, Trends and Forecast 2016 - 2023”, studies the market from the political, economic, social, technological, legal, and environmental aspects of the market are also being studied to offer a thorough understanding of the market. The research report on the global bathroom vanities market also includes a SWOT analysis and a Porter’s five forces analysis.

Bathroom vanities have become an important part of modern bathroom interiors. Bathroom vanities are categorized on the basis of materials used such as stone, ceramic, metal, glass, and wood. The global bathroom vanities market is driven by the rising demand for non-residential bathrooms as well as residential bathrooms.

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Bathroom vanities have become a striking feature of homes or other spaces that are owned by people with high disposable incomes. Presently, the huge demand for new housing is fueling the demand for modern fittings that are required in functional bathrooms and modular kitchens. Furthermore, the market is also being propelled by the increasing remodeling activities for old buildings. Additionally, modern designs that encourage the usage of eco-friendly materials such as engineered stone, glass, and granite are likely to drive the global bathroom vanities market.Bathroom vanities also use various types of plastic laminates with lights to add aesthetic value to the space.

The research so far suggests that Asia Pacific is likely to be the fastest growing market for bathroom vanities. This region will be closely followed by Europe and North America. New construction activity, especially in the non-residential sector, is expected to drive the global bathroom vanities market in these regions. The emerging economies of India and China are expected to contribute significantly to the growth of this market in this region. The higher standard of living supported by the rising disposable incomes in this region will also encourage the growth of this market.

Some of the important players profiled in the global bathroom vanities market report are Caesarstone Sdot-Yam, Houzz Inc., Kohler Co., Masco Corporation, MasterBrand Cabinets Inc., Bertch Cabinet Manufacturing, American Woodmark Corporation, Kohler Co., BeauRegard Inc., Foremost Groups, Inc., and RSI Home Products, Inc. The research report offers an insightful take on these companies, their financial outlooks, investment plans, research and development activities, product portfolio, and business and marketing strategies for the forecast period.

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