At 7.3% CAGR, the Asia Pacific Thermostatic Mixers Market is Projected to be Worth US$ 1,140.96 Million by 2031, Says Business Market Insights

According to Business Market Insights' research, the Asia Pacific thermostatic mixers market was valued at US$ 650.37 in 2023 and is expected to reach US$ 1,140.96 million by 2031, registering a CAGR of 7.3% from 2023 to 2031. Launch of technologically advanced and premium thermostatic mixers and growing popularity of luxury products and home renovation projects are among the critical factors attributed to the Asia Pacific thermostatic mixers market expansion.

In the ever-evolving landscape of bathroom faucets, thermostatic mixers are becoming increasingly popular due to their precision in maintaining water temperature, energy efficiency, and improved safety features. Thermostatic mixer manufacturers are engaged in the development of advanced thermostatic shower mixers to further strengthen their product portfolio and maintain the company’s position in the market worldwide. For instance, in April 2024, Jaquar Group innovated and launched a hybrid touch thermostatic mixer shower—Jaquar Qloud. This new product offers precise water temperature regulation, water flow, and shower mode selection integrated with analog and digital control systems. In addition, in February 2022, Gainsborough Showers launched a new range of mixer showers, including three premium models integrated with thermostatic temperature control Cool Touch technology for safety in showering applications. Thus, the launch of hybrid touch and premium thermostatic mixers is expected to create lucrative opportunities for the key companies operating in the thermostatic mixer market from 2023 to 2031.

On the contrary, high installation & maintenance costs and stringent environmental regulations & safety standards hamper the growth of Asia Pacific thermostatic mixers market.

Based on mounting type, the Asia Pacific thermostatic mixers market is bifurcated into deck mount and wall mount. The wall mount segment held 66.4% share of the Asia Pacific thermostatic mixers market in 2023, amassing US$ 431.67 million. It is projected to garner US$ 770.61 million by 2031 to expand at 7.5% CAGR during 2023–2031.

By application, the Asia Pacific thermostatic mixers market is bifurcated into residential and commercial. The commercial segment held 72.8% share of the Asia Pacific thermostatic mixers market in 2023, amassing US$ 473.17 million. It is projected to garner US$ 848.30 million by 2031 to expand at 7.6% CAGR during 2023–2031.

By design type, the Asia Pacific thermostatic mixers market is bifurcated into concealed and exposed. The concealed segment held 69.7% share of the Asia Pacific thermostatic mixers market in 2023, amassing US$ 453.41 million. It is projected to garner US$ 776.92 million by 2031 to expand at 7.0% CAGR during 2023–2031.

Based on country, the Asia Pacific thermostatic mixers market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held 35.4% share of Asia Pacific thermostatic mixers market in 2023, amassing US$ 230.05 million. It is projected to garner US$ 416.45 million by 2031 to expand at 7.7% CAGR during 2023–2031.

Key players operating in the Asia Pacific thermostatic mixers market are Aquant; FIMA CARLO FRATTINI S.P.A.; Geberit AG; Hansgrohe SE; Hindware Home Innovation Ltd; Jaquar Group; Kohler Co; Lixil Corp; Roca Group; and TOTO Ltd. among others.

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