Report ID: SQMIG20B2014
Report ID:
SQMIG20B2014 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
61 |
Figures:
75
In 2022, Asia Pacific has become the major market with a share of approximately 39.70%. The real estate and residential project markets in India are enormous. Additionally, it is projected that the government rural housing policy, foreign investments in the industrial sector, the growth of urban population, and affordable home loans will result in increased product demand in India, China, and Southeast Asia.
In 2022, Europe held a sizable portion of the market. The main driver fueling the expansion of the regional industry is consumers' rising spending on house renovations and repairs in the UK, Germany, and Italy. With more people building homes and businesses in the region, particularly in Germany, France, and Italy, the need for intelligent, multifunctional shower heads has grown.
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Report ID: SQMIG20B2014