Tuesday, 9 May 2017

Toilet Tank Market to Grow at a CAGR of 3.01% During the Period 2017-2021

The global toilet tank market is witnessing growth in regions such as APAC, the Americas, and the ROW due to a rise in the number of commercial and residential buildings. This is directly attributed to an increase in construction-based activities across these regions and the demand for home improvement and refurbishments.

Apart from this, there is an increasing demand for the concealed water tanks by the commercial buildings concentrating in increasing the aesthetic look of the bathroom.

Also growing awareness of water saving techniques by adoption of modern cisterns which meet the water sense criteria set by authorities such as the Environmental Protection Agency (EPA) is a reason for adoption of such tanks.

The eco-friendly toilets are in high demand today as they consume less water for one time flush. The adoption rate is high in certain regions due to scarcity of water in certain regions, making it necessary for sanitary ware vendors to concentrate on designing eco-friendly toilet tanks. The report analysts forecast the global toilet tank market to grow at a CAGR of 3.01% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global toilet tank market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of toilet tanks.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Thoracic Surgery Market has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendorsoperating in this market.

Key vendors
  • Toto
  • Kohler
  • Lixil
  • Geberit
Other prominent vendors
  • WDI
  • Yuyao Meige Sanitary Parts
  • Thomas Dudley
Market driver
  • Demand for portable toilets
  • For a full, detailed list, view our report
Market challenge
  • Emergence of waterless and tank-less toilets
  • For a full, detailed list, view our report
Market trend
  • Growth of housing market in developing regions and home improvement market in developed regions
  • For a full, detailed list, view our report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends ?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendorsin this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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