UK Bathroom Vanities Market is expected to to reach US$ 2,732.46 million by 2030
Increase in House Construction and Renovations
According to our latest market study titled "UK Bathroom Vanities Market Forecast to 2030 – COVID-19 Impact and Country Analysis – by Material and Application," the UK bathroom vanities market size was valued at US$ 2,254.95 million in 2022 and is projected to reach US$ 2,732.46 million by 2030; it is expected to register a CAGR of 2.4% from 2022 to 2030.
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.
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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.
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 key players operating in the UK bathroom vanities market. These companies are developing innovative products to sustain in the market. For instance, in September 2021, Roxor Group Ltd. announced the launch of Nuie's 3D design tool. The 3D design tool aids in updating the bathroom and can help to see if it's suitable for customers' preferences before making the commitment to install a new bathroom. It has both traditional and modern options. The 3D design tool is quick and easy to use.
Impact of COVID-19 Pandemic on UK Bathroom Vanities Market
The COVID-19 pandemic affected economies and industries in various countries. Lockdowns, travel bans, and business shutdowns in the UK negatively affected the growth of various industries, including the consumer goods industry. The shutdown of manufacturing units disturbed supply chains, manufacturing activities, delivery schedules, and sales of various essential and nonessential products. Various companies announced possible delays in product deliveries and a slump in future sales of their products in 2020. In addition, the bans imposed by various governments in the country on international travel forced the companies to put their collaboration and partnership plans on a temporary hold. All these factors hampered the consumer goods industry in 2020 and early 2021, thereby restraining the growth of UK bathroom vanities market.
The report segments the UK bathroom vanities market as follows:
Based on material, the UK bathroom vanities market is segmented into stone, ceramic, glass, wood, and metal. By application, the market is segmented into residential and commercial.
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