Please Wait.....
Report
Kitchen Sinks Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
Market Report I 2024-10-09 I 240 Pages I Global Market Insights
The Global Kitchen Sinks Market was valued at USD 3.5 billion in 2023 and is expected to grow at a CAGR of 6.1% from 2024 to 2032. The increasing demand for modern kitchen designs, driven by residential construction and remodeling activities worldwide, is a key factor in this growth. As homeowners seek to improve the appearance and functionality of their kitchens, the variety of available sink designs, materials, and features becomes increasingly crucial. One of the challenges in the market is the high cost associated with premium kitchen sink installations, particularly those made from upscale materials. Ongoing maintenance and potential repair costs may also deter consumers from opting for higher-end sinks.
Moreover, market saturation due to a growing number of manufacturers and a broad range of designs has intensified competition. This competitive pressure forces companies to reduce prices, which can impact profitability. The kitchen sink market is segmented by material into metal and non-metal categories. The metal segment leads the market, generating approximately USD 2.2 billion in revenue in 2023 and is expected to grow at a CAGR of 6.2% over the forecast period.
Within this category, stainless steel dominates due to its durability, resistance to corrosion, and low maintenance requirements. Homeowners favor stainless steel for its ability to blend with various kitchen styles. Furthermore, the availability of different finishes, such as brushed, polished, and matte, adds to its aesthetic appeal. Its hygienic properties and resistance to high temperatures further enhance its popularity.
In terms of distribution channels, the market is divided into online and offline segments. The offline segment holds the largest share, accounting for around 72% of the total market in 2023, and is projected to grow at a CAGR of 6%. Traditional retail outlets, such as home improvement stores and kitchen showrooms, dominate this segment. These physical locations allow consumers to inspect products firsthand, enabling them to make informed purchasing decisions by assessing quality and design.
The Asia Pacific region accounted for approximately 35.8% of the kitchen sinks market share in 2023 and is expected to grow at a CAGR of 6.4% over the forecast period. Rapid urbanization, rising disposable incomes, and population growth drive this expansion, particularly in countries like China and India.
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360 synopsis, 2021-2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Technological overview
3.5 Key news & initiatives
3.6 Regulatory landscape
3.7 Impact forces
3.7.1 Growth drivers
3.7.1.1 Increasing numbers of quick service restaurants & food joints across the globe
3.7.1.2 Rising residential construction and renovation activities
3.7.1.3 Consumer preference for sustainable and durable materials
3.7.2 Industry pitfalls & challenges
3.7.2.1 High installation and maintenance costs
3.7.2.2 Market saturation
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Material, 2021-2032 (USD Billion)
5.1 Key trends
5.2 Metal
5.3 Non-metal
Chapter 6 Market Estimates & Forecast, By Installation, 2021-2032 (USD Billion)
6.1 Key trends
6.2 Drop-in or top mount
6.3 Undermount
6.4 Farmhouse or apron-front
6.5 Others
Chapter 7 Market Estimates & Forecast, By Bowl, 2021-2032 (USD Billion)
7.1 Key trends
7.2 Single
7.3 Double
7.4 Multiple
Chapter 8 Market Estimates & Forecast, By End Use, 2021-2032 (USD Billion)
8.1 Key trends
8.2 Residential
8.3 Commercial
Chapter 9 Kitchen Sinks Market Estimates & Forecast, By Price, 2021-2032 (USD Billion)
9.1 Key trends
9.2 Low
9.3 Medium
9.4 High
Chapter 10 Kitchen Sinks Market Estimates & Forecast, By Distribution Channel, 2021-2032 (USD Billion)
10.1 Key trends
10.2 Online
10.3 Offline
Chapter 11 Kitchen Sinks Market Estimates & Forecast, By Region, 2021-2032 (USD Billion)
11.1 Key trends
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 Russia
11.4 Asia Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 South Korea
11.4.5 Australia
11.4.6 Indonesia
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Argentina
11.6 MEA
11.6.1 South Africa
11.6.2 Saudi Arabia
11.6.3 UAE
Chapter 12 Company Profiles
12.1 American Standard
12.2 Blanco
12.3 BONKE
12.4 Duravit
12.5 Elkay
12.6 Foster
12.7 Franke
12.8 Hafele
12.9 Kohler
12.10 Moen
12.11 Nirali
12.12 Reginox
12.13 Roca
12.14 Schock
12.15 Teka
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security