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Kitchen Faucets Market - By Type (Pot Filler Faucets, Pull Out Faucets, Pull Down Faucets, Single Hand Faucets), By Installation (Wall Mount, Deck Mount), By Material (Copper, Stainless Steel, Brass), By Distribution Channel, By End Use & Forecast 2023-2032

  • Report ID: GMI4998
  • Published Date: Mar 2023
  • Report Format: PDF

Industry Statistics

Kitchen Faucets Market size surpassed USD 6 billion in 2022 and is anticipated to register 9.5% CAGR from 2023 to 2032, driven by the rising expenditure on residential renovations.

Kitchen Faucets Market

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The growing need for upgraded and modular kitchens, as well as the need for multipurpose plumbing fixtures with aesthetic features, have increased the demand for a range of faucets. Touch-activated faucets, which are considerably more hygienic, are gaining traction as people are becoming more concerned about hand wash hygiene.

Furthermore, homeowners are spending more on home improvements and for remodeling of kitchen for which they are increasingly opting for sustainable alternatives that are more cost-effective in the long term. Many significant retailers are also aiming to update their storefronts with eco-friendly and sustainable items in response to client demand on online platforms, which is likely to promote kitchen faucets market growth by 2032.

Growing availability of low-quality faucets to impede industry outlook

The rising popularity of major faucet brands has led to the proliferation of counterfeit brands, which has hampered kitchen faucets market development. Additionally, most counterfeit brands are seen in underdeveloped nations where consumers choose low-cost products over high-quality products, making it difficult for the original faucet brands to generate revenue. However, major brands, on the other hand, are attempting to establish a strong business presence through collaborations with popular retailer outlets and by boosting product authenticity and distinctiveness.

Better customer experience and reliability to promote product sales through offline stores

Global Kitchen Faucets Market Size, By Distribution Channel

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The kitchen faucets market from the offline segment is slated to cross USD 11.5 billion by 2032. Collaborations with wholesalers boost a company's physical presence and aid in expanding its consumer base. In addition, customers often seek advice and assistance from salespersons before purchasing faucets and other plumbing fitting products. Moreover, buying plumbing fittings from stores minimizes the possibility of purchasing a defective product. Hence, the reliability provided by offline stores are projected to push product sales through wholesalers and retailers, thereby stimulating sector growth.

Growing preference for deep kitchen sinks to escalate pull-down faucets demand


Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of kitchen faucets exceeded USD 6 billion in 2022 and is projected to grow substantially at 9.5% CAGR from 2023 to 2032 owing to the rising expenditure on residential renovations.

The kitchen faucets industry share from the commercial segment is foreseen to witness more than 9% growth through 2032 due to the growing usage of these faucets in commercial kitchens.

The Asia Pacific market is estimated to amass USD 5.5 billion by 2032 driven by the surging awareness about water conservation, which is promoting the adoption of highly efficient kitchen faucets.

Some of the leading enterprises operating in the kitchen faucets bu are Kohler Co., Lixil Group, Colston, Jaquar, Chicago Faucets, Sloan, Roca Bathroom Products Pvt. Ltd. (Parryware), Moen Incorporated, Grohe America Inc, Signature Hardware, Masco Corporation, Delta Faucet Company, Hansgrohe, and TOTO Ltd., among others.

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 703
  • Countries covered: 25
  • Pages: 100
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