Bathtub Market Competitive Analysis With Growth Forecast Till 2033
The increasing adoption of bathtubs in the construction and hospitality industries is a significant driver of this growth. Additionally, changing consumer preferences, new product launches, and government initiatives promoting the use of sanitary ware are expected to bolster market growth further.
In 2021, the residential segment contributed significantly to the global bathtub market, accounting for 58.65% of the revenue. The segment is expected to continue growing steadily at a CAGR of 5.9%, driven by the expansion of the housing sector worldwide.
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