Product Code: GVR-3-68038-240-2
Faucet Market Growth & Trends:
The global faucet market size is expected to reach USD 36.69 billion in 2030 and is projected to grow at a CAGR of 8.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth in the real estate industry eventually increasing the construction of residential and commercial buildings that require faucet installations is anticipated to fuel the growth of the market.
Due to urbanization, rapidly rising costs of houses and mortgage rates are influencing people to invest more in home-remodeling projects. Hence, this led to an increase in trendy and smart bathroom accessories and further drive the growth of the market for faucets. According to the American Housing Survey studied by Harvard's Joint Center for Housing Studies, the home improvement industry was estimated at USD 385 million in 2019.
The e-commerce distribution channel is witnessing momentum as the market players are focusing on marketing their products through different digital media platforms. The most commonly used digital mediums are social media accounts or pages and brand websites. Some of the major e-commerce sellers of faucets for kitchens, bathrooms, and other applications are Wayfair LLC, Hausera, Faucet Depot, and Amazon.
Prominent market players like Moen, Delta, and Kohler are offering pull-out and pull-down kitchen faucet technologies to gain substantial market share. These faucets offer hand wave technologies, clap technology, Wi-Fi technology, etc. for the convenience of the consumers and efficient water conservation technologies. The pull out and down kitchen faucets operate at restricted flow rates in an effort to save water as per government regulations.
The faucet industry is fragmented in nature with the presence of a large number of international players and a few regional players such as Kohler Co.; Kraus USA; American Standard Brands; GROHE America Inc.; Pfister; Delta Faucet Company; Moen Incorporated; Aqua Source Faucet.
Faucet Market Report Highlights:
- Millennial homeownership has reached a milestone, with 52% of millennials owning homes as of 2022, in the U.S., up from 49% in 2021, according to a blog by Motley Fool Money published in 2024.
- Disc faucets accounted for a revenue share of 33.5% in the overall faucet industry in 2024, owing to their advanced technology, durability, and low maintenance requirements
- Manual faucets accounted for a revenue share of 83.7% in 2024 in the overall faucet industry due to their affordability, widespread availability, simplicity in installation and operation, and widespread use in both residential and commercial applications.
- The use of faucets in the bathroom accounted for a revenue share of over 59% in 2024. This is attributed to the higher frequency of faucet usage in bathrooms for daily hygiene activities, such as handwashing, shaving, and grooming, compared to kitchen or other applications
- Faucet sales in residential settings accounted for a share of 71.7% of the overall faucet industry in 2024, primarily driven by the continuous growth in housing construction, home renovations, and remodeling activities.
- Faucets made of brass & bronze accounted for a revenue share of 39.9% in 2024 due to their superior durability, corrosion resistance, and aesthetic appeal
- The faucet market in Asia Pacific accounted for a revenue share of 38.7% of the global market in 2024, driven by rapid urbanization, increasing construction activities, and rising infrastructure development in emerging economies such as China, India, and Southeast Asia
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Faucet Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis (Industry-level)
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Product Adoption
- 4.5. Observations & Recommendations
Chapter 5. Faucet Market: Product Estimates & Trend Analysis
- 5.1. Faucet Market, Product: Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
- 5.4. Ball
- 5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.5. Disk
- 5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.6. Cartridge
- 5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.7. Compression
- 5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Faucet Market: Technology Estimates & Trend Analysis
- 6.1. Faucet Market, Technology: Key Takeaways
- 6.2. Technology Movement Analysis & Market Share, 2024 & 2030
- 6.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.4. Manual
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5. Automatic
- 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Faucet Market: Application Estimates & Trend Analysis
- 7.1. Faucet Market, Application: Key Takeaways
- 7.2. Application Movement Analysis & Market Share, 2024 & 2030
- 7.3. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 7.4. Bathroom
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5. Kitchen
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6. Others
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Faucet Market: End Use Estimates & Trend Analysis
- 8.1. Faucet Market, End Use: Key Takeaways
- 8.2. End Use Movement Analysis & Market Share, 2024 & 2030
- 8.3. Market Estimates & Forecasts, By End Use, 2018 - 2030 (USD Million)
- 8.4. Residential
- 8.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.5. Commercial
- 8.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. Faucet Market: Material Estimates & Trend Analysis
- 9.1. Faucet Market, Material: Key Takeaways
- 9.2. Material Movement Analysis & Market Share, 2024 & 2030
- 9.3. Market Estimates & Forecasts, By Material, 2018 - 2030 (USD Million)
- 9.4. Stainless Steel
- 9.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.5. Copper
- 9.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.6. Brass and Bronze
- 9.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.7. Zinc and Zinc Alloys
- 9.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.8. Plastic
- 9.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.9. Others
- 9.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 10. Faucet Market: Finish Estimates & Trend Analysis
- 10.1. Faucet Market, Finish: Key Takeaways
- 10.2. Finish Movement Analysis & Market Share, 2024 & 2030
- 10.3. Market Estimates & Forecasts, By Finish, 2018 - 2030 (USD Million)
- 10.4. Stainless Steel
- 10.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.5. Nickel
- 10.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.6. Chrome
- 10.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.7. Zinc and Zinc Alloys
- 10.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.8. Matt Finish
- 10.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.9. Others
- 10.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 11. Faucet Market: Distribution Channel Estimates & Trend Analysis
- 11.1. Faucet Market, Distribution Channel: Key Takeaways
- 11.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
- 11.3. Market Estimates & Forecasts, By Distribution Channel, 2018 - 2030 (USD Million)
- 11.4. Offline
- 11.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 11.5. Online
- 11.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 12. Faucet Market: Regional Estimates & Trend Analysis
- 12.1. Faucet Market: Regional Outlook
- 12.2. Regional Marketplaces: Key Takeaways
- 12.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
- 12.3.1. North America
- 12.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.1.2. U.S.
- 12.3.1.2.1. Key country dynamics
- 12.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.1.3. Canada
- 12.3.1.3.1. Key country dynamics
- 12.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.1.4. Mexico
- 12.3.1.4.1. Key country dynamics
- 12.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.2. Europe
- 12.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.2.2. UK
- 12.3.2.2.1. Key country dynamics
- 12.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.2.3. Germany
- 12.3.2.3.1. Key country dynamics
- 12.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.2.4. France
- 12.3.2.4.1. Key country dynamics
- 12.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.2.5. Italy
- 12.3.2.5.1. Key country dynamics
- 12.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.2.6. Spain
- 12.3.2.6.1. Key country dynamics
- 12.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.3. Asia Pacific
- 12.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.3.2. China
- 12.3.3.2.1. Key country dynamics
- 12.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.3.3. India
- 12.3.3.3.1. Key country dynamics
- 12.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.3.4. Japan
- 12.3.3.4.1. Key country dynamics
- 12.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.3.5. Australia
- 12.3.3.5.1. Key country dynamics
- 12.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.3.6. South Korea
- 12.3.3.6.1. Key country dynamics
- 12.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.4. Latin America
- 12.3.4.1. Brazil
- 12.3.4.1.1. Key country dynamics
- 12.3.4.1.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.4.2. Argentina
- 12.3.4.2.1. Key country dynamics
- 12.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.5. Middle East & Africa
- 12.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.5.2. South Africa
- 12.3.5.2.1. Key country dynamics
- 12.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 12.3.5.3. Saudi Arabia
- 12.3.5.3.1. Key country dynamics
- 12.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 13. Faucet Market: Competitive Analysis
- 13.1. Recent Developments & Impact Analysis, by Key Market Participants
- 13.2. Company Categorization
- 13.3. Participant's Overview
- 13.4. Financial Performance
- 13.5. Product Benchmarking
- 13.6. Company Market Share Analysis, 2024 (%)
- 13.7. Company Heat Map Analysis
- 13.8. Strategy Mapping
- 13.9. Company Profiles
- 13.9.1. Kohler Co.
- 13.9.1.1. Company Overview
- 13.9.1.2. Financial Performance
- 13.9.1.3. Service Portfolios
- 13.9.1.4. Strategic Initiatives
- 13.9.2. Kraus, USA
- 13.9.2.1. Company Overview
- 13.9.2.2. Financial Performance
- 13.9.2.3. Service Portfolios
- 13.9.2.4. Strategic Initiatives
- 13.9.3. American Standard Brands
- 13.9.3.1. Company Overview
- 13.9.3.2. Financial Performance
- 13.9.3.3. Service Portfolios
- 13.9.3.4. Strategic Initiatives
- 13.9.4. Grohe America Inc.
- 13.9.4.1. Company Overview
- 13.9.4.2. Financial Performance
- 13.9.4.3. Service Portfolios
- 13.9.4.4. Strategic Initiatives
- 13.9.5. Pfister
- 13.9.5.1. Company Overview
- 13.9.5.2. Financial Performance
- 13.9.5.3. Service Portfolios
- 13.9.5.4. Strategic Initiatives
- 13.9.6. Delta Faucet Company
- 13.9.6.1. Company Overview
- 13.9.6.2. Financial Performance
- 13.9.6.3. Service Portfolios
- 13.9.6.4. Strategic Initiatives
- 13.9.7. Moen Incorporated
- 13.9.7.1. Company Overview
- 13.9.7.2. Financial Performance
- 13.9.7.3. Service Portfolios
- 13.9.7.4. Strategic Initiatives
- 13.9.8. Aqua Source Faucet
- 13.9.8.1. Company Overview
- 13.9.8.2. Financial Performance
- 13.9.8.3. Service Portfolios
- 13.9.8.4. Strategic Initiatives
- 13.9.9. Danze Inc.
- 13.9.9.1. Company Overview
- 13.9.9.2. Financial Performance
- 13.9.9.3. Service Portfolios
- 13.9.9.4. Strategic Initiatives
- 13.9.10. Masko Corporation
- 13.9.10.1. Company Overview
- 13.9.10.2. Financial Performance
- 13.9.10.3. Service Portfolios
- 13.9.10.4. Strategic Initiatives