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Tuesday, January 24, 2023

Water Saving Shower Heads Market is Anticipated to Reach a Value of USD 1136.18 million. by 2029

 The water saving shower heads market , which had a value of USD 856.19 million in 2021, is anticipated to grow by USD 1136.18 million by 2029, with a CAGR of 3.60%. The market report created by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour in addition to market insights like market value, growth rate, market segments, geographical coverage, market players, and market scenario.

Water-saving shower heads are a need in nearly every home’s bathroom due to the requirement to conserve water and improve efficiency. The management of water bills and water conservation have been significant drivers of industry expansion. Shower heads that consume less water are popular in nations where water usage is metered and are used all over the world. There is a lot of demand worldwide since there are many nations with limits on the flow rate of shower heads as well as numerous nations with expensive water costs.

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Global Water Saving Shower Heads Market Dynamics

Drivers

Growing awareness on water scarcity

Taking a shower consumes a large amount of water, typically 50 to 60 litres, which, when multiplied by the number of showers per month, accounts for a very large amount of water usage. With the scarcity of fresh water increasing, it has become critical for various countries to implement water-saving measures. Thus water-saving shower heads have been developed to address this issue.

It also reduces the need for water heating because a lower flow rate of water means less water to be heated and less power to heat. This is also a major driver for water-saving shower heads because it saves water and reduces the amount of money spent on heating water.

Innovation in bathroom technology

Smart technology in showerheads and systems improves water conservation and allows for more effective water management. Consumers’ rising living standards, significant growth in the real estate sector, and rapid urbanization are key factors driving market expansion.

Furthermore, the growing trend of home renovation and interior design, as well as the adoption of smart bathroom technology, provides market participants with numerous opportunities.

COVID-19 Impact on Global Water Saving Shower Heads Market

The COVID-19 outbreak has had a moderate impact on the real estate and housing sectors, as well as the home renovation industry. Due to limited workforce and strict government norms to contain the spread of the virus, housing and renovation activities were halted and postponed due to strict lockdown measures. This has an impact on the demand for showerheads and systems. The impact of Covid-19 has reduced people’s disposable income, resulting in a temporary drop in demand for shower equipment.

Global Water Saving Shower Heads Market Scope

Type

  • Digital Showers
  • Electric showers
  • Eco showers
  • Power Showers
  • Mixer Showers

Technology

  • Aerated
  • Non-Aerated
  • Using Flow Restrictor
  • Using Flow Regulator

Price range

  • Premium
  • Mass

Sales channel

  • Direct Sales
  • Supermarkets or Hypermarkets
  • Wholesalers or Distributors
  • Specialty Stores
  • Online Retailers
  • Multi-brand Stores
  • Other Sales Channel

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Water Saving Shower Heads Market Regional Analysis/Insights

The water saving shower heads market is analyzed and market size insights and trends are provided by country, type, shower head type, technology, application, sales channel and price range as referenced above.

North America dominates the water saving shower heads market because of the presence of major key players.

Asia-Pacific is expected to see significant growth in the water saving shower heads market due to rising urbanisation.

Competitive Landscape and Water Saving Shower Heads Market Share Analysis

Some of the major players operating in the water saving shower heads market are:

  • Hansgrohe (Germany)
  • VIGO Industries. (U.S.)
  • Gainsborough Showers (U.K.)
  • Zoe Industries, Inc. (Canada)
  • TRITON (U.K.)
  • VOLA (Denmark)

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