LONDON–(BUSINESS WIRE)–The bathroom accessories market size is poised to grow by USD 5.63 billion during 2020-2024, progressing at a CAGR of over 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
The growing awareness about sanitary and personal hygiene is one of the significant factors driving the bathroom accessories market growth. Diarrhea caused due to poor sanitary hygiene accounts for many deaths every year. Hence, with growing awareness about the importance of sanitary hygiene, consumers are increasingly adopting the best sanitary and personal hygiene practices, including keeping bathrooms clean and hygienic. Bathroom accessories such as washbasins, clean toilets, tissue holders, towel hangers, soap dispensers, towel rails, rings and hooks, toothbrush holders, shelves, trash cans, and paper towel machines are widely used in hygienic bathrooms. The demand for antimicrobial toilet seats is also increasing. These factors are expected to fuel the demand for bathroom accessories among various end-users, including healthcare centers, educational institutions, and offices during the forecast period.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform
- The major bathroom accessories market growth came from the offline distribution channel segment. Consumers prefer buying bathroom accessories from signature stores and display showrooms for convenience. This is because they can choose bathroom accessories from a wide range of products based on the requirements and budgets from these stores. Offline shopping allows buyers to understand products better with the touch and feel aspect. As a result, the popularity of