Bathroom Vanities Market Size, Share & Trends Analysis Report By Material (Stone, Ceramic, Wood), By Application (Residential, Non-residential), By Size, And Segment Forecasts, 2019 - 2025

Published: May, 2019 | Pages: 120 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global bathroom vanities market size is expected to reach USD 11.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.9% over the forecast period. Growing consumer interest in specialized countertop surfaces such as engineered stone across the globe has emerged as a major factor driving the market. Constant rise in research and development activities in the household furniture industry has resulted in the development of advanced and integrated home and bathroom furniture, thereby motivating the consumers to remodel their existing furniture. Continuation of such scenarios over the forecast period is expected to positively impact the market growth.

The residential application segment is expected to register a promising CAGR of 6.0% over the forecast period. Continous migration of people and urbanization in developing countries are the key factors boosting the demand for residential bathroom vanities. There is an increase in the demand for cabinets with value-added amenities, such as medical chests, space savers, and frameless wall-mounted vanities, providing attractive and secure storage options as compared to free-standing or open shelves.

In terms of material, wood, stone, and ceramic bathroom vanities collectively accounted for a massive share of the overall revenue in 2018. While the demand for natural stones continues to be high, there is also a notable rise in demand for bathroom vanities made from engineered stones like engineered quartz and recycled glass. Hardwood was the most widely used material for these furnities in 2018.

Asia Pacific emerged as the most prominent regional market and generated a revenue of USD 2.4 billion in 2018. North America stood as the second largest regional market in 2018 and is also expected to account for a significant share in the overall market, registering a CAGR of 5.9% over the forecast period.

Key industry participants in the market include Masco Corporation; RSI Home Products, Inc.; American Woodmark Corporation; and Kohler Co., Inc. Rise in the prominence of various residential improvement services due to their increased affordability among the middle-class population is expected to have a significant impact on the market growth. Provision of multiple financial incentives such as home loans at lower interest rates and other financial options offered by large banks in several regions, is also anticipated to induce market growth.

Further key findings from the study suggest:

• On the basis of application, the residential segment emerged as the largest application in 2018 and is estimated to generate a revenue of USD 8.1 billion by 2025

• Wood, ceramic, and stone were the most preferable materials for bathroom vanities in 2018. The market size for wooden bathroom vanities was valued at USD 2.4 billion in 2018

• Based on the size, 24-35 inch was the most preferred segment in 2018 and is likely to expand at a CAGR of 6.1% from 2019 to 2025

• The market in Asia Pacific is projected to witness promising growth over the forecast period owing to various developments across major economies, especially in the residential construction industry

• Key players operating in the bathroom vanities market include Masco Corporation; MasterBrand Cabinets Inc.; American Woodmark Corporation; DuPont; and Foremost Groups.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Information Procurement
                   1.2 Purchased Database
                       1.2.1 GVR's internal database
                   1.3 Research Methodology
                   1.4 Geographic Scope & Assumptions
                   1.5 Region-/Country-wise Market Calculation
                       1.5.1 region-/country-wise market: Base estimates
                       1.5.2 region-/country-wise market: CAGR calculation
                   1.6 Region-based Segment Share Calculation
                   1.7 List of Primary Sources
                   1.8 List of Secondary Sources
                   1.9 List of Abbreviations

Chapter 2 Executive Summary

Chapter 3 Market Definitions
                   3.1 Market Segmentation

Chapter 4 Industry Outlook
                   4.1 Market Snapshot
                   4.2 Global Bathroom Vanities Market Trends
                   4.3 Global Bathroom Vanities Market
                       4.3.1 product segment trends
                       4.3.2 application segment trends
                       4.3.3 sales channel segment trends
                       4.3.4 region segment trends
                   4.4 Value Chain Analysis
                       4.4.1 who supplies whom, 2018
                   4.5 Market Variable Analysis
                       4.5.1 Market driver analysis
                           4.5.1.1 growing demand for engineered stone 
                           4.5.1.2 increasing consumer interest in specialized countertop surfaces
                       4.5.2 Market restraint analysis
                           4.5.2.1 health concerns associated with the manufacture of MDF 
                   4.6 Penetration and Growth Prospect Mapping
                   4.7 Bathroom Vanities Market Key Company Analysis, 2018
                   4.8 Business Environment Analysis Tool
                       4.8.1 bathroom vanities market: PEST analysis
                       4.8.2 bathroom vanities market: PORTERS analysis

Chapter 5 Bathroom Vanities Market: Application Segment Analysis
                   5.1 Residential
                       5.1.1 Residential bathroom vanities market, 2015 - 2025 (USD million)
                   5.2 Non-Residential
                       5.2.1 Non-Residential bathroom vanities market, 2015 - 2025 (USD million)

Chapter 6 Bathroom Vanities Market: Material Segment Analysis
                   6.1 Stone
                       6.1.1 Stone bathroom vanities market, 2015 - 2025 (USD million)
                   6.2 Ceramic
                       6.2.1 Ceramic bathroom vanities market, 2015 - 2025 (USD million)
                   6.3 Glass
                       6.3.1 Glass bathroom vanities market, 2015 - 2025 (USD million)
                   6.4 Wood
                       6.4.1 Wood bathroom vanities market, 2015 - 2025 (USD million)
                   6.5 Metal
                       6.5.1 Metal bathroom vanities market, 2015 - 2025 (USD million)

Chapter 7 Bathroom Vanities Market: Size Segment Analysis
                   6.1 24-35 Inch
                       6.1.1 24-35 Inch bathroom vanities market, 2015 - 2025 (USD million)
                   6.2 38-47 Inch
                       6.2.1 38-47 Inch bathroom vanities market, 2015 - 2025 (USD million)
                   6.3 48-60 Inch
                       6.3.1 48-60 Inch bathroom vanities market, 2015 - 2025 (USD million)

Chapter 8 Bathroom Vanities Market: Regional Analysis
                   8.1 North America
                       8.1.1 North America bathroom vanities market, by country, 2015 - 2025 (USD million)
                       8.1.2 North America bathroom vanities market, by product, 2015 - 2025 (USD million)
                       8.1.3 North America bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.1.4 U.S.
                           8.1.4.1 U.S. bathroom vanities market, by product, 2015 - 2025 (USD million)
                           8.1.4.2 U.S. bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.1.5 Canada
                           8.1.5.1 Canada bathroom vanities market, by product, 2015 - 2025 (USD million)
                           8.1.5.2 Canada bathroom vanities market, by application, 2015 - 2025 (USD million)
                   8.2 Europe
                       8.2.1 Europe bathroom vanities market, by country, 2015 - 2025 (USD million)
                       8.2.2 Europe bathroom vanities market, by product, 2015 - 2025 (USD million)
                       8.2.3 Europe bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.2.4 Germany
                           8.2.4.1 Germany bathroom vanities market, by product, 2015 - 2025 (USD million)
                           8.2.4.2 Germany bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.2.5 U.K.
                           8.2.5.1 U.K. bathroom vanities market, by product 2015 - 2025 (USD million)
                           8.2.5.2 U.K. bathroom vanities market, by application, 2015 - 2025 (USD million)
                   8.3 Asia Pacific
                       8.3.1 Asia Pacific bathroom vanities market, by country, 2015 - 2025(USD million)
                       8.3.2 Asia Pacific bathroom vanities market, by product, 2015 - 2025 (USD million)
                       8.3.3 Asia Pacific bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.3.4 China
                           8.3.4.1 China bathroom vanities market, by product, 2015 - 2025 (USD million)
                           8.3.4.2 China bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.3.5 Japan
                           8.3.5.1 Japan bathroom vanities market, by product, 2015 - 2025 (USD million)
                           8.3.5.2 Japan bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.3.6 India
                           8.3.6.1 India bathroom vanities market, by product, 2015 - 2025 (USD million)
                           8.3.6.2 India bathroom vanities market, by application, 2015 - 2025 (USD million)
                   8.4 Latin America
                       8.4.1 Latin America bathroom vanities market, by country, 2015 - 2025 (USD million)
                       8.4.2 Latin America bathroom vanities market, by product, 2015 - 2025 (USD million)
                       8.4.3 Latin America bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.4.4 Brazil
                           8.4.4.1 China bathroom vanities market, by product, 2015 - 2025 (USD million)
                           8.4.4.2 China bathroom vanities market, by application, 2015 - 2025 (USD million)
                       8.3.5 Mexico
                           8.3.5.1 Japan bathroom vanities market, by product, 2015 - 2025 (USD million)
                           8.3.5.2 Japan bathroom vanities market, by application, 2015 - 2025 (USD million)
                   8.5 MEA
                       8.5.1 MEA bathroom vanities market, by country, 2015 - 2025 (USD million)
                       8.5.2 MEA bathroom vanities market, by product, 2015 - 2025 (USD million)
                       8.5.3 MEA bathroom vanities market, by application, 2015 - 2025 (USD million)

Chapter 9 Company Profiles
                   9.1 American Woodmark Corporation
                       9.1.1 Company overview
                       9.1.2 Financial performance
                       9.1.3 Product benchmarking
                       9.1.4 Strategic initiatives
                   9.2 Avanity Corporation
                       9.2.1 Company overview
                       9.2.2 Financial performance
                       9.2.3 Product benchmarking
                       9.2.4 Strategic initiatives
                   9.3 Bellaterra Home, LLC
                       9.3.1 Company overview
                       9.3.2 Financial performance
                       9.3.3 Product benchmarking
                       9.3.4 Strategic initiatives
                   9.4 Design Element Group, Inc.
                       9.4.1 Company overview
                       9.4.2 Financial performance
                       9.4.3 Product benchmarking
                       9.4.4 Strategic initiatives
                   9.5 Design House (DHI Corp.)
                       9.5.1 Company overview
                       9.5.2 Financial performance
                       9.5.3 Product benchmarking
                       9.5.4 Strategic initiatives
                   9.6 Empire Industries, Inc
                       9.6.1 Company overview
                       9.6.2 Financial performance
                       9.6.3 Product benchmarking
                       9.6.4 Strategic initiatives
                   9.7 Foremost Groups
                       9.7.1 Company overview
                       9.7.2 Financial performance
                       9.7.3 Product benchmarking
                       9.7.4 Strategic initiatives
                   9.8 JSG Oceana
                       9.8.1 Company overview
                       9.8.2 Financial performance
                       9.8.3 Product benchmarking
                       9.8.4 Strategic initiatives
                   9.9 Kohler Company
                       9.9.1 Company overview
                       9.9.2 Financial performance
                       9.9.3 Product benchmarking
                       9.9.4 Strategic initiatives
                   9.10 RSI Home Products, Inc.
                       9.10.1 Company overview
                       9.10.2 Financial performance
                       9.10.3 Product benchmarking
                       9.10.4 Strategic initiatives
                   9.11 Wilsonart International LLC
                       9.11.1 Company overview
                       9.11.2 Financial performance
                       9.11.3 Product benchmarking
                       9.11.4 Strategic initiatives
                   9.12 DuPont
                       9.12.1 Company overview
                       9.12.2 Financial performance
                       9.12.3 Product benchmarking
                       9.12.4 Strategic initiatives
                   9.13 Caesarstone
                       9.13.1 Company overview
                       9.13.2 Financial performance
                       9.13.3 Product benchmarking
                       9.13.4 Strategic initiatives

List of Tables

TABLE 1 Bathroom Vanities - Industry Summary & Critical Success Factors (CSFs)
TABLE 2 Global Bathroom vanities market, 2015 - 2025 (USD Million)
TABLE 3 Bathroom vanities market by material, 2015 - 2025 (USD Million)
TABLE 4 Bathroom vanities market by vanity size, 2015 - 2025 (USD Million)
TABLE 5 Bathroom vanities market by product type, 2015 - 2025 (USD Million)
TABLE 6 Key market players
TABLE 7 Global bathroom vanities market, 2015 - 2025 (USD Million)
TABLE 8 Global bathroom vanities market, by application, 2015 - 2025 (USD Million)
TABLE 9 North America bathroom vanities market, by application, 2015 - 2025 (USD Million)
TABLE 10 Europe bathroom vanities market, by application, 2015 - 2025 (USD Million)
TABLE 11 Asia Pacific bathroom vanities market, by application, 2015 - 2025 (USD Million)
TABLE 12 Latin America bathroom vanities market, by application, 2015 - 2025 (USD Million)
TABLE 13 MEA bathroom vanities market, by application, 2015 - 2025 (USD Million)
TABLE 14 Global bathroom vanities market, by material, 2015 - 2025 (USD Million)
TABLE 15 North America bathroom vanities market, By Material 2015 - 2025 (USD Million)
TABLE 16 Europe bathroom vanities market, By Material 2015 - 2025 (USD Million)
TABLE 17 Asia Pacific bathroom vanities market, by Material, 2015 - 2025 (USD Million)
TABLE 18 Latin America bathroom vanities market, by Material, 2015 - 2025 (USD Million)
TABLE 19 MEA bathroom vanities market, by Material, 2015 - 2025 (USD Million)
TABLE 20 Global bathroom vanities market, by size 2015 - 2025 (USD Million)
TABLE 21 North America bathroom vanities market, by size 2015 - 2025 (USD Million)
TABLE 22 Europe bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 23 Asia Pacific bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 24 Latin America bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 25 MEA bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 26 Global bathroom vanities market, 2015 - 2025 (USD Million)
TABLE 27 North America bathroom vanities market, by region 2015 - 2025 (USD Million)
TABLE 28 U.S. bathroom vanities market, by application 2015 - 2025 (USD Million)
TABLE 29 U.S. bathroom vanities market, by material 2015 - 2025 (USD Million)
TABLE 30 U.S. bathroom vanities market, by size 2015 - 2025 (USD Million)
TABLE 31 Canada bathroom vanities market, By Application 2015 - 2025 (USD Million)
TABLE 32 Canada bathroom vanities market, by materials 2015-2025 (USD Million)
TABLE 33 Canada bathroom vanities market, by size 2015 - 2025 (USD Million)
TABLE 34 Europe bathroom vanities market, by region 2015 - 2025 (USD Million)
TABLE 35 Germany bathroom vanities market, by application 2015 - 2025 (USD Million)
TABLE 36 Germany bathroom vanities market, by material 2015 - 2025 (USD Million)
TABLE 37 Germany bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 38 U.K. bathroom vanities market, by application 2015 - 2025 (USD Million)
TABLE 39 U.K. bathroom vanities market, by material 2015 - 2025 (USD Million)
TABLE 40 U.K. bathroom vanities market, by size 2015 - 2025 (USD Million)
TABLE 41 Rest of Europe bathroom vanities market, By Application 2015 - 2025 (USD Million)
TABLE 42 Rest of Europe bathroom vanities market, By Material 2015 - 2025 (USD Million)
TABLE 43 Rest of Europe bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 44 Asia Pacific bathroom vanities market, By Region 2015 - 2025 (USD Million)
TABLE 45 China bathroom vanities market, By Application 2015 - 2025 (USD Million)
TABLE 46 China bathroom vanities market, By Material 2015 - 2025 (USD Million)
TABLE 47 China bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 48 India bathroom vanities market, By Application 2015 - 2025 (USD Million)
TABLE 49 India bathroom vanities market, By Material 2015 - 2025 (USD Million)
TABLE 50 India bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 51 Japan bathroom vanities market, By Application 2015 - 2025 (USD Million)
TABLE 52 Japan bathroom vanities market, By Material 2015 - 2025 (USD Million)
TABLE 53 Japan bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 54 Rest of APAC bathroom vanities market, By Application 2015 - 2025 (USD Million)
TABLE 55 Rest of APAC bathroom vanities market, by material 2015 - 2025 (USD Million)
TABLE 56 Rest of APAC bathroom vanities market, by size 2015 - 2025 (USD Million)
TABLE 57 Latin America bathroom vanities market, by region 2015 - 2025 (USD Million)
TABLE 58 Brazil bathroom vanities market, by application 2015 - 2025 (USD Million)
TABLE 59 Brazil bathroom vanities market, by material 2015 - 2025 (USD Million)
TABLE 60 Brazil bathroom vanities market, By Size 2015 - 2025 (USD Million)
TABLE 61 Mexico bathroom vanities market, by applications 2015 - 2025 (USD Million)
TABLE 62 Mexico bathroom vanities market, by materials 2015 - 2025 (USD Million)
TABLE 63 Mexico bathroom vanities market, by size 2015 - 2025 (USD Million)

List of Figures

FIG. 1 Bathroom vanities market segmentation
FIG. 2 U.S. bathroom vanities market revenue, 2015 - 2025 (USD Million)
FIG. 3 Bathroom vanities: Value chain analysis
FIG. 4 Bathroom vanities market dynamics
FIG. 5 Market share online vs brick & mortar sales, 2018
FIG. 6 Global split (%) between vanity vs vanity/top combination for 2018
FIG. 7 Bathroom vanities company market share analysis, by retailer, 2018
FIG. 8 Key opportunities prioritized
FIG. 9 Bathroom vanities - Porter's analysis
FIG. 10 Bathroom vanities - PESTEL analysis
FIG. 11 Bathroom Vanities market share by Application, 2018 & 2025
FIG. 12 Bathroom Vanities market share by Material, 2018 & 2025
FIG. 13 Bathroom Vanities Market Share By Size, 2018 & 2025
FIG. 14 Bathroom Vanities Market Share by Region, 2018 & 2025