Bathroom vanities are cabinets or storage units typically found in bathrooms. They serve a dual purpose, providing storage space for toiletries, towels, and other bathroom essentials while also housing a sink and a countertop. Under the report scope, we have considered bathroom vanity units that have attached sinks and countertops. Bathroom vanities come in various styles, sizes, and materials, allowing consumers to choose one that suits their aesthetic preferences and functional needs. They are a key element of bathroom design and can enhance both the functionality and appearance of a bathroom.
The increase in housing construction and renovations in the UK has significantly impacted the bathroom vanities market. As more people invest in upgrading or constructing new homes, the demand for modern and aesthetically pleasing bathroom fixtures, including vanities, has surged. Homeowners and property developers alike are keen on creating stylish and functional bathrooms. According to a recent survey, more than half of homeowners in the country renovated in 2021, up four percent from 49% in 2020. The most popular projects were painting (36%), followed by the kitchen (34%) and bathroom (32%) renovations.
One key driver of this trend is the desire for increased property value. Homeowners recognize that well-designed bathrooms can significantly enhance their homes' overall appeal and value. Consequently, they are willing to invest in high-quality bathroom vanities that serve practical purposes and contribute to their properties' overall aesthetics. This focus on property value appreciation has propelled the demand for bathroom vanities as an integral part of the home improvement industry.
The shift in consumer preferences toward more extensive and luxurious bathrooms has further boosted the demand for bathroom vanities. With larger bathrooms becoming a common feature in modern homes, there is a growing need for spacious and well-equipped vanities that accommodate double sinks, ample storage space, and various design elements. Manufacturers in the UK have responded to this demand by offering a wide range of vanity options, catering to different design tastes and spatial requirements.
The increased awareness of sustainability and eco-friendly products has also influenced the bathroom vanities market. Many consumers are now seeking vanities made from sustainable materials and featuring energy-efficient fixtures. Manufacturers have recognized this demand and are producing eco-friendly bathroom vanities, which align with environmental concerns and attract a niche market segment. Thus, the surge in house constructions and renovations is propelling the UK bathroom vanities market.
Based on material, the UK bathroom vanities market is segmented into stone, ceramic, glass, wood, and metal. The wood segment holds a significant share of the UK bathroom vanities market and is expected to grow significantly during the forecast period. Wood is primarily used in bathroom vanities due to its lightweight, durability, easy maintenance, and availability. Also, the material provides a great extent of customization and an aesthetic view of bathroom vanity products. Thus, the abovementioned factors contribute significantly to the UK bathroom vanities market growth for the wood segment.
Based on the application, the UK bathroom vanities market is divided into residential and commercial. The residential segment is expected to dominate the bathroom vanity market, based on application, during 2022-2030 period. The market growth for this segment can be attributed to the growing demand for bathroom vanity products due to the rising home completion rate in developed regions. As per the U.K. Parliament, around 233,000 new homes were supplied in 2021/22. Rapid urbanization in developing economies is also fueling the housing construction work, which is expected to propel the demand for bathroom vanity products in the coming years. The growing interest of people in having luxurious bathrooms also led to increasing demand for bathroom vanities. Thus, the above developments related to housing are boosting the bathroom vanities market growth for the residential segment.
A few major primary and secondary sources referred to while preparing the UK bathroom vanities market report are company websites, annual reports, financial reports, national government documents, and statistical databases. Hawkers Ltd, Kohler Co, C P Hart & Sons Ltd., Roca Sanitario SA, Inter IKEA Holding BV, Roxor Group Ltd., Geberit AG, Villeroy & Boch AG, Harvey George Ltd., and Duravit AG are the major companies listed in the report. These companies face competition on the basis of a wide product portfolio. Moreover, companies are adopting various development strategies to enhance their market share.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 2,254.95 Million |
| Market Size by 2030 | US$ 2,732.46 Million |
| CAGR (2022 - 2030) | 2.4% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Material
|
| Regions and Countries Covered |
UK
|
| Market leaders and key company profiles |
|
The UK Bathroom Vanities Market is valued at US$ 2,254.95 Million in 2022, it is projected to reach US$ 2,732.46 Million by 2030.
As per our report UK Bathroom Vanities Market, the market size is valued at US$ 2,254.95 Million in 2022, projecting it to reach US$ 2,732.46 Million by 2030. This translates to a CAGR of approximately 2.4% during the forecast period.
The UK Bathroom Vanities Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the UK Bathroom Vanities Market report:
The UK Bathroom Vanities Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The UK Bathroom Vanities Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the UK Bathroom Vanities Market value chain can benefit from the information contained in a comprehensive market report.
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