Global Water Sink Market Competitive Landscape, Growth Factors, Revenue Analysis by 2028

The global water sink market is anticipated to grow at a CAGR of 3.2% during the forecast period. A water sink, also known as a hand basin or washbowl, is a bowl-shaped fixture that is commonly found in kitchens for dishwashing and in bathrooms for hand washing and other purposes. Water sinks have taps connected to the main water pipeline to supply hot or cold water based on the consumer’s preferences, as well as a drain to remove used water. Sinks come in a variety of materials and designs depending on where they will be used, such as the kitchen, bathroom, or open space.

Rapid growth in the residential and construction industries can be seen as a result of increased population and disposable income that has changed consumers’ living patterns. Furthermore, the shift from joint to nuclear families has resulted in an increase in the number of houses, which is directly proportional to the increase in the use of sinks. Furthermore, consumers are becoming more concerned with home decor and pay close attention to sinks to change the look of their bathrooms or kitchens that drives global demand for sink products. There is also an increase in hotel and restaurant construction, which has increased demand for stylish and high-quality sinks, boosting the growth of the water sink market.

Leading market players have introduced new products with enhanced capabilities. They have taken the necessary steps to improve device accuracy as well as overall functionality. From our phones to our bathrooms, smart technology has made its way. Companies are now releasing bathroom water sinks that can be controlled by smart technology. In order to encourage water conservation, these smart sinks have a display screen that shows the temperature of the water as well as the amount of water used. Other types of sinks are touch-free, with fewer points of contact, which helps to inhibit germ growth. For instance, in October 2021, Astell Scientific has launched a range of waste-water-sterilising sinks they are capable of automatically sterilising contaminated wastewater before dispatching it to the sewer. As with all Astell Autoclaves and AstellBio EDSs, the AstellBio Sink is customisable to the end-user’s requirements.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Material
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- America Standard, Blanco, Elkay, Franke, Huida, Kohler, Moen, Oulin, Roca, Teka, Duravit, and JOMOO, Aamong others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Water Sink Market Report by Segment

By Type

• Drop-in Water Sink
• Pedestial Water Sink
• Top Mount Water Sink
• Undermount Water Sink
• Wallmount Water Sink
• Others

By Material

• Stainless Steel Water Sinks
• Ceramic Water Sinks
• Artificial Stone Water Sinks
• Other

By Application

• Residential
• Commercial