A sink (also known as sinker, washbowl, hand basin and wash basin) is a bowl-shaped plumbing fixture used for washing hands, dishwashing, and other purposes. It comes from the Latin word "zinc" Sinks have taps (faucets) that supply hot and cold water and may include a spray feature to be used for faster rinsing. They also include a drain to remove used water: this drain may itself include a strainer and/or shut-off device and an overflow-prevention device. Sinks may also have an integrated soap dispenser.
In the last several years, global market of Sink developed with the production growth rate of 3.8%. In 2015, global capacity of Sink was more than 65000 K Units.
Market competition is intense. Franke, Blanco, Kohler, Elkay, etc. are the leaders of the industry, and hold the key technologies and patents, with high-end customers. However, with the future expanding market, there will be more manufactures in the future.
According to this study, over the next five years the Sink market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 10100 million by 2024, from US$ 7610 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sink business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sink market by product type, application, key manufacturers and key regions and countries.
This study considers the Sink value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Stainless steel sinks
Ceramic sinks
Artificial stone sinks
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Bathroom Sinks
Kitchen Sinks
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Franke
Blanco
Kohler
Elkay
America Standerd
Duravit
Oulin
Teka
JOMOO
Roca
Moen
Huida
Artisan
Primy
Just Manufacturing
Sonata
Morning
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sink consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sink market by identifying its various subsegments.
Focuses on the key global Sink manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sink with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sink submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
