Kitchen Sinks Market Size, Share & Trends Analysis Report By Number Of Bowls (Single, Double, Multi), By Material (Metallic, Granite), By Region (North America, Asia Pacific, Europe), And Segment Forecasts, 2023 - 2030
This report can be delivered to the clients within 5 Business Days
Kitchen Sinks Market Growth & Trends
The global kitchen sinks market size is expected to reach USD 4.78 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 4.2% from 2023 to 2030.The need for new types of kitchen sinks is increasing as a result of innovative and technological improvements. COVID-19 has had a significant impact on the building sector, and as a result, the market is experiencing a rise in demand. Furthermore, the growing business sector, particularly hotels and restaurants, has boosted theproduct demand all over the world. The demand for more furnished, appealing dwellings, as well as the remodeling of old traditional kitchens with modern equipment and facilities, has increased the demand for water sinks in the market in recent years.
According to Houzz & Home survey 2021, with homeowners confined to their homes owing to the pandemic, the number of people that wanted to do a house renovation but never had the time climbed by six percentage points in 2020 (44% compared 38% in 2019), and this is still the most common reason for renovation. The demand for renovation activities and finally having the financial means to do so increased as well (as reported by 36% of homeowners compared with 34% in 2019).
Moreover, because it was the more inexpensive choice, a quarter of homeowners claimed to have remodeled rather than relocating to find a property that met their criteria (25%). Surprisingly, remodeling to accommodate current lifestyle changes only climbed by two percentage points from 2019 to 2020. (18% versus 16% in 2019). These remodeling activities have increased the product demand globally. The global market is consolidated with the presence of a large number of international players and a few regional players.
Kitchen Sinks Market Report Highlights
Kitchen Sinks Market Growth & Trends
The global kitchen sinks market size is expected to reach USD 4.78 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 4.2% from 2023 to 2030.The need for new types of kitchen sinks is increasing as a result of innovative and technological improvements. COVID-19 has had a significant impact on the building sector, and as a result, the market is experiencing a rise in demand. Furthermore, the growing business sector, particularly hotels and restaurants, has boosted theproduct demand all over the world. The demand for more furnished, appealing dwellings, as well as the remodeling of old traditional kitchens with modern equipment and facilities, has increased the demand for water sinks in the market in recent years.
According to Houzz & Home survey 2021, with homeowners confined to their homes owing to the pandemic, the number of people that wanted to do a house renovation but never had the time climbed by six percentage points in 2020 (44% compared 38% in 2019), and this is still the most common reason for renovation. The demand for renovation activities and finally having the financial means to do so increased as well (as reported by 36% of homeowners compared with 34% in 2019).
Moreover, because it was the more inexpensive choice, a quarter of homeowners claimed to have remodeled rather than relocating to find a property that met their criteria (25%). Surprisingly, remodeling to accommodate current lifestyle changes only climbed by two percentage points from 2019 to 2020. (18% versus 16% in 2019). These remodeling activities have increased the product demand globally. The global market is consolidated with the presence of a large number of international players and a few regional players.
Kitchen Sinks Market Report Highlights
- Asia Pacific accounted for a majority of the revenue share in 2022.As the number of building & renovation projects and nuclear families grows, Asia Pacific is likely to remain a leader in the global industry
- The metallic material segment is projected to register the fastest CAGR from 2023 to 2030. Steel sinks are affordable, have a longer life expectancy, and are less likely to dent.
- Furthermore, they are the most adaptable sink option available, and easily match most stainless-steel kitchen appliances, resulting in a unified look across the kitchen. These factors increased the demand for metallic kitchen sink during forecast period
- During the forecast period, the single bowl segment is expected to grow at the fastest rate. These products are constructed with only one bowl and drain, making them a wonderful solution when space is limited. As they come in a range of sizes, these sinks are great for tiny kitchens
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 Outlook
2.2. Material Outlook
2.3. Number of Bowls Outlook
2.4. Distribution channel Outlook
CHAPTER 3. GLOBAL KITCHEN SINKS MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Technology Trends
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Industry Challenges
3.3.4. Industry Opportunities
3.4. Market Entry Strategies
3.5. Industry Analysis Tools
3.5.1. Industry Analysis - Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.5.1.6. Industry opportunities
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. GLOBAL KITCHEN SINKS MARKET: MATERIAL ESTIMATES & TREND ANALYSIS
5.1. Material Movement Analysis & Market Share, 2022 & 2030
5.2. Kitchen Sinks Market Estimates & Forecast, By Material (USD Million)
5.2.1. Metallic
5.2.2. Granite
5.2.3. Others
CHAPTER 6. GLOBAL KITCHEN SINKS MARKET: NUMBER OF BOWLS ESTIMATES & TREND ANALYSIS
6.1. Number of Bowls Movement Analysis & Market Share, 2022 & 2030
6.2. Kitchen Sinks Market Estimates & Forecast, By Number of Bowls (USD Million)
6.2.1. Single Bowl
6.2.2. Double Bowl
6.2.3. Multi Bowl
CHAPTER 7. GLOBAL KITCHEN SINKS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
7.1. Kitchen Sinks: Regional Outlook
7.2. North America
7.2.1. North America kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. Key country dynamics
7.2.2.2. U.S. kitchen sinks market estimates & Forecast, 2017 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Key country dynamics
7.2.3.2. Canada kitchen sinks market estimates & Forecast, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.3.2. UK
7.3.2.1. Key country dynamics
7.3.2.2. UK kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.3.3. Germany
7.3.3.1. Key country dynamics
7.3.3.2. Germany kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.3.4. France
7.3.4.1. Key country dynamics
7.3.4.2. France kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific kitchen sinks market estimates & Forecast, 2017 - 2030 (USD Million)
7.4.2. China
7.4.2.1. Key country dynamics
7.4.2.2. China kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.4.3. India
7.4.3.1. Key country dynamics
7.4.3.2. India kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1. Key country dynamics
7.4.4.2. Japan kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.5. Central & South America
7.5.1. Central & South America kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Key country dynamics
7.5.2.2. Brazil kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Central & South America kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.6.2. Turkey
7.6.2.1. Key country dynamics
7.6.2.2. Turkey kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
CHAPTER 8. COMPETITIVE ANALYSIS
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2022
CHAPTER 9. COMPANY PROFILES
9.1. Companies Covered in the Scope of this Report
9.1.1. Ruvati USA
9.1.2. Kohler Co.
9.1.3. Zuhne
9.1.4. Frigidaire
9.1.5. Swanstone
9.1.6. Acrysil Limited
9.1.7. AGA
9.1.8. Duravit AG
9.1.9. Dornbracht
9.1.10. Roca
9.2. Recent Developments & Impact Analysis, By Key Market Participants
9.3. Company Categorization
9.4. Participant’s Overview
9.5. Financial Performance
9.6. Product Benchmarking
9.7. Company Market Share Analysis, 2022 (Value % Share)
9.8. Company Heat Map Analysis
9.9. Strategy Mapping
9.9.1. Expansion
9.9.2. Mergers & Acquisitions
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 Outlook
2.2. Material Outlook
2.3. Number of Bowls Outlook
2.4. Distribution channel Outlook
CHAPTER 3. GLOBAL KITCHEN SINKS MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Technology Trends
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Industry Challenges
3.3.4. Industry Opportunities
3.4. Market Entry Strategies
3.5. Industry Analysis Tools
3.5.1. Industry Analysis - Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.5.1.6. Industry opportunities
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. GLOBAL KITCHEN SINKS MARKET: MATERIAL ESTIMATES & TREND ANALYSIS
5.1. Material Movement Analysis & Market Share, 2022 & 2030
5.2. Kitchen Sinks Market Estimates & Forecast, By Material (USD Million)
5.2.1. Metallic
5.2.2. Granite
5.2.3. Others
CHAPTER 6. GLOBAL KITCHEN SINKS MARKET: NUMBER OF BOWLS ESTIMATES & TREND ANALYSIS
6.1. Number of Bowls Movement Analysis & Market Share, 2022 & 2030
6.2. Kitchen Sinks Market Estimates & Forecast, By Number of Bowls (USD Million)
6.2.1. Single Bowl
6.2.2. Double Bowl
6.2.3. Multi Bowl
CHAPTER 7. GLOBAL KITCHEN SINKS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
7.1. Kitchen Sinks: Regional Outlook
7.2. North America
7.2.1. North America kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. Key country dynamics
7.2.2.2. U.S. kitchen sinks market estimates & Forecast, 2017 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Key country dynamics
7.2.3.2. Canada kitchen sinks market estimates & Forecast, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.3.2. UK
7.3.2.1. Key country dynamics
7.3.2.2. UK kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.3.3. Germany
7.3.3.1. Key country dynamics
7.3.3.2. Germany kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.3.4. France
7.3.4.1. Key country dynamics
7.3.4.2. France kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific kitchen sinks market estimates & Forecast, 2017 - 2030 (USD Million)
7.4.2. China
7.4.2.1. Key country dynamics
7.4.2.2. China kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.4.3. India
7.4.3.1. Key country dynamics
7.4.3.2. India kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1. Key country dynamics
7.4.4.2. Japan kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.5. Central & South America
7.5.1. Central & South America kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Key country dynamics
7.5.2.2. Brazil kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Central & South America kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
7.6.2. Turkey
7.6.2.1. Key country dynamics
7.6.2.2. Turkey kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
CHAPTER 8. COMPETITIVE ANALYSIS
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2022
CHAPTER 9. COMPANY PROFILES
9.1. Companies Covered in the Scope of this Report
9.1.1. Ruvati USA
9.1.2. Kohler Co.
9.1.3. Zuhne
9.1.4. Frigidaire
9.1.5. Swanstone
9.1.6. Acrysil Limited
9.1.7. AGA
9.1.8. Duravit AG
9.1.9. Dornbracht
9.1.10. Roca
9.2. Recent Developments & Impact Analysis, By Key Market Participants
9.3. Company Categorization
9.4. Participant’s Overview
9.5. Financial Performance
9.6. Product Benchmarking
9.7. Company Market Share Analysis, 2022 (Value % Share)
9.8. Company Heat Map Analysis
9.9. Strategy Mapping
9.9.1. Expansion
9.9.2. Mergers & Acquisitions
LIST OF TABLES
1. Kitchen sinks market estimates & forecast, by material (USD Million)
2. Kitchen sinks market estimates & forecast, by number of bowls (USD Million)
3. U.S. macro-economic outlay
4. Canada macro-economic outlay
5. UK macro-economic outlay
6. Germany macro-economic outlay
7. France macro-economic outlay
8. China macro-economic outlay
9. India macro-economic outlay
10. Japan macro-economic outlay
11. Brazil macro-economic outlay
12. Turkey macro-economic outlay
13. Recent developments & impact analysis, by key market participants
1. Kitchen sinks market estimates & forecast, by material (USD Million)
2. Kitchen sinks market estimates & forecast, by number of bowls (USD Million)
3. U.S. macro-economic outlay
4. Canada macro-economic outlay
5. UK macro-economic outlay
6. Germany macro-economic outlay
7. France macro-economic outlay
8. China macro-economic outlay
9. India macro-economic outlay
10. Japan macro-economic outlay
11. Brazil macro-economic outlay
12. Turkey macro-economic outlay
13. Recent developments & impact analysis, by key market participants
LIST OF FIGURES
1. Kitchen sinks market segmentation
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. Market Snapshot
7. Segment Snapshot
8. Competitive Landscape Snapshot
9. Kitchen sinks market - Industry value chain analysis
10. Kitchen sinks market dynamics
11. Kitchen sinks market: PORTER’s analysis
12. Kitchen sinks market, by material: Key takeaways
13. Kitchen sinks market, by material: Market share, 2022 & 2030
14. Metallic kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
15. Granite kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
16. Other kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
17. Other landscaping services market estimates & forecasts, 2017 - 2030 (USD Million)
18. Kitchen sinks market, by number of bowls: Key takeaways
19. Kitchen sinks market, by number of bowls: Market share, 2022 & 2030
20. Single bowl kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
21. Double bowl kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
22. Multi bowl kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
23. Kitchen sinks market revenue, by region, 2022 & 2030 (USD Million)
24. Regional marketplace: Key takeaways
25. Regional marketplace: Key takeaways
26. North America Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
27. U.S. Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
28. Canada Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
29. Europe Kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
30. UK Kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
31. Germany Kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
32. France Kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
33. Asia Pacific Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
34. China Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
35. India Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
36. Japan Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
37. Central & South America Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
38. Brazil Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
39. Middle East & Africa Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
40. Turkey Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
41. Key company categorization
42. Company market share analysis, 2022 (Value % Share)
43. Strategic framework
1. Kitchen sinks market segmentation
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. Market Snapshot
7. Segment Snapshot
8. Competitive Landscape Snapshot
9. Kitchen sinks market - Industry value chain analysis
10. Kitchen sinks market dynamics
11. Kitchen sinks market: PORTER’s analysis
12. Kitchen sinks market, by material: Key takeaways
13. Kitchen sinks market, by material: Market share, 2022 & 2030
14. Metallic kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
15. Granite kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
16. Other kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
17. Other landscaping services market estimates & forecasts, 2017 - 2030 (USD Million)
18. Kitchen sinks market, by number of bowls: Key takeaways
19. Kitchen sinks market, by number of bowls: Market share, 2022 & 2030
20. Single bowl kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
21. Double bowl kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
22. Multi bowl kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
23. Kitchen sinks market revenue, by region, 2022 & 2030 (USD Million)
24. Regional marketplace: Key takeaways
25. Regional marketplace: Key takeaways
26. North America Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
27. U.S. Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
28. Canada Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
29. Europe Kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
30. UK Kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
31. Germany Kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
32. France Kitchen sinks market estimates & forecasts, 2017 - 2030 (USD Million)
33. Asia Pacific Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
34. China Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
35. India Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
36. Japan Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
37. Central & South America Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
38. Brazil Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
39. Middle East & Africa Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
40. Turkey Kitchen sinks market estimates & forecast, 2017 - 2030 (USD Million)
41. Key company categorization
42. Company market share analysis, 2022 (Value % Share)
43. Strategic framework
