Kitchen Sinks Market size is expected to showcase significant growth during 2021 to 2027 owing to improved superior product durability, extended guarantee, smooth functioning, ease of installation, and appealing designs. The availability of a wide range of kitchen sinks along with great versatility is projected to boost the industry share. Rising health awareness has forced most of the people to cook healthy food at home. It has also increased the demand for good quality kitchen sinks in various houses, replacing old materials such as fireclay and granite kitchen sinks.
Growing housing and commercial building constructions, such as apartments, hotels, and restaurants, are factors driving the growth of the world kitchen sinks market. Renovation of old conventional kitchens with all modern equipment and facilities is also fueling the growth of this market. Developing advanced kitchen sinks with features, such as soap dispenser, spray, and waste collection system, are attracting the interest of customers. For instance, Kohler has launched a touchless kitchen faucet for kitchen sinks, which can be turned on just by the wave of hand or voice command.
Industry players are continuously investing in R&D to develop cost-effective kitchen sinks with different types of composite materials that are highly efficient for a wide range of applications. Kitchen sinks with composite materials are capable to replace fireclay and granite kitchen sinks due to lightweight and high strength. The usage of such new kitchen sinks in residential and hospitality industries will further escalate the revenue generation of kitchen sinks market size.
Based on materials, the market is segmented into cast iron, composite, copper, fireclay, granite, quartz, stainless steel, and others. Stainless steel material is likely to witness a considerable growth through 2027 driven by the benefits offered by these materials including durable, corrosion resistant, high tensile strength, and temperature resistant. Compared to other materials, stainless steel has low-maintenance and is long lasting. Industry participants are developing several composite materials that can be manufactured with less energy and reduce greenhouse gas emission.
Under mount kitchen sinks are poised to hold significant share propelled by increasing demand from the residential sector. Under mount sinks allow to sweep countertop water and the biggest advantage of these sinks is that there is no lip to catch dirt. Top-mount or drop-in kitchen sinks are easy to install.
Based on bowl type, the kitchen sinks market is segmented into single bowl, double bowl, and triple bowl. Single bowl is predicted to account for a decent market share by 2027. This is designed with just one bowl and drain, which provide great option when there is not ample space. While a double sink needs to be large enough to accommodate two bowls, dual basins allow for washing on one side and rinsing or drying on the other side.
Asia Pacific kitchen sinks market share is estimated to grow significantly through 2027 on account of rising sales of apartments, villas, duplex, as well as commercial properties such as restaurants, hotels, hospitals, and others. Moreover, the presence of multiple kitchen sink manufacturers in India and China offering a wide range of premium quality kitchen sinks will further accentuate the market demand.
The prominent players in the kitchen sinks market include Acrysil Ltd., Blanco America, Crown Products (Kent) Limited, Elkay, Franke Home Solutions, Huida Sanitary Ware Co. Ltd., Julien, Kohler Co., Kraus USA, LIXIL Kitchen Technology, Moen Incorporated, Mountain Plumbing Products, Roca Sanitario S.A., Rohl, LLC, Ruvati USA, Schock GmbH, Shaws of Darwen, Stern-Williams, Swanstone, Oliveri Solutions Pty Ltd, Vigo Industries, and Whitehaus Collection. Innovations in technologies and launch of new products are a few of the major strategies adopted by industry players to improve their market share.
The above information has been provided on a regional and country basis