Abstract
Summary
A sink (also known as sinker, washbowl, hand basin and wash basin) is a bowl-shaped plumbing fixture used for washing hands, dishwashing, and other purposes. It comes from the Latin word "zinc" Sinks have taps (faucets) that supply hot and cold water and may include a spray feature to be used for faster rinsing. They also include a drain to remove used water; this drain may itself include a strainer and/or shut-off device and an overflow-prevention device. Sinks may also have an integrated soap dispenser.
LPI (LP Information)' newest research report, the “Sink Industry Forecast” looks at past sales and reviews total world Sink sales in 2022, providing a comprehensive analysis by region and market sector of projected Sink sales for 2023 through 2029. With Sink sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sink industry.
This Insight Report provides a comprehensive analysis of the global Sink landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sink portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sink market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sink and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sink.
The global Sink market size is projected to grow from US$ 9053.8 million in 2022 to US$ 12720 million in 2029; it is expected to grow at a CAGR of 12720 from 2023 to 2029.
Market competition is intense. Franke, Blanco, Kohler and Elkay, etc. are the leaders of the industry, with about 45% market shares.
China is the largest supplier of Sink with a production market share of 30% and a sales market share of 25%.The second place is North America, following China with the production market share of 24% and a consumption market share of 21%. Europe is the second consumer of the world with a consumption market share of 28% and a production market share of 19%.
This report presents a comprehensive overview, market shares, and growth opportunities of Sink market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Stainless Steel Sinks
Ceramic Sinks
Artificial Stone Sinks
Other
Segmentation by application
Bathroom Sinks
Kitchen Sinks
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Franke
Blanco
Kohler
Elkay
America Standerd
Duravit
Oulin
Teka
JOMOO
Roca
Moen
Huida
Artisan
Primy
Just Manufacturing
Sonata
Morning
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sink market?
What factors are driving Sink market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sink market opportunities vary by end market size?
How does Sink break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Sink Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Sink by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Sink by Country/Region, 2018, 2022 & 2029
2.2 Sink Segment by Type
2.2.1 Stainless Steel Sinks
2.2.2 Ceramic Sinks
2.2.3 Artificial Stone Sinks
2.2.4 Other
2.3 Sink Sales by Type
2.3.1 Global Sink Sales Market Share by Type (2018-2023)
2.3.2 Global Sink Revenue and Market Share by Type (2018-2023)
2.3.3 Global Sink Sale Price by Type (2018-2023)
2.4 Sink Segment by Application
2.4.1 Bathroom Sinks
2.4.2 Kitchen Sinks
2.4.3 Other
2.5 Sink Sales by Application
2.5.1 Global Sink Sale Market Share by Application (2018-2023)
2.5.2 Global Sink Revenue and Market Share by Application (2018-2023)
2.5.3 Global Sink Sale Price by Application (2018-2023)
3 Global Sink by Company
3.1 Global Sink Breakdown Data by Company
3.1.1 Global Sink Annual Sales by Company (2018-2023)
3.1.2 Global Sink Sales Market Share by Company (2018-2023)
3.2 Global Sink Annual Revenue by Company (2018-2023)
3.2.1 Global Sink Revenue by Company (2018-2023)
3.2.2 Global Sink Revenue Market Share by Company (2018-2023)
3.3 Global Sink Sale Price by Company
3.4 Key Manufacturers Sink Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Sink Product Location Distribution
3.4.2 Players Sink Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Sink by Geographic Region
4.1 World Historic Sink Market Size by Geographic Region (2018-2023)
4.1.1 Global Sink Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Sink Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Sink Market Size by Country/Region (2018-2023)
4.2.1 Global Sink Annual Sales by Country/Region (2018-2023)
4.2.2 Global Sink Annual Revenue by Country/Region (2018-2023)
4.3 Americas Sink Sales Growth
4.4 APAC Sink Sales Growth
4.5 Europe Sink Sales Growth
4.6 Middle East & Africa Sink Sales Growth
5 Americas
5.1 Americas Sink Sales by Country
5.1.1 Americas Sink Sales by Country (2018-2023)
5.1.2 Americas Sink Revenue by Country (2018-2023)
5.2 Americas Sink Sales by Type
5.3 Americas Sink Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Sink Sales by Region
6.1.1 APAC Sink Sales by Region (2018-2023)
6.1.2 APAC Sink Revenue by Region (2018-2023)
6.2 APAC Sink Sales by Type
6.3 APAC Sink Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Sink by Country
7.1.1 Europe Sink Sales by Country (2018-2023)
7.1.2 Europe Sink Revenue by Country (2018-2023)
7.2 Europe Sink Sales by Type
7.3 Europe Sink Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Sink by Country
8.1.1 Middle East & Africa Sink Sales by Country (2018-2023)
8.1.2 Middle East & Africa Sink Revenue by Country (2018-2023)
8.2 Middle East & Africa Sink Sales by Type
8.3 Middle East & Africa Sink Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Sink
10.3 Manufacturing Process Analysis of Sink
10.4 Industry Chain Structure of Sink
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Sink Distributors
11.3 Sink Customer
12 World Forecast Review for Sink by Geographic Region
12.1 Global Sink Market Size Forecast by Region
12.1.1 Global Sink Forecast by Region (2024-2029)
12.1.2 Global Sink Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Sink Forecast by Type
12.7 Global Sink Forecast by Application
13 Key Players Analysis
13.1 Franke
13.1.1 Franke Company Information
13.1.2 Franke Sink Product Portfolios and Specifications
13.1.3 Franke Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 Franke Main Business Overview
13.1.5 Franke Latest Developments
13.2 Blanco
13.2.1 Blanco Company Information
13.2.2 Blanco Sink Product Portfolios and Specifications
13.2.3 Blanco Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Blanco Main Business Overview
13.2.5 Blanco Latest Developments
13.3 Kohler
13.3.1 Kohler Company Information
13.3.2 Kohler Sink Product Portfolios and Specifications
13.3.3 Kohler Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Kohler Main Business Overview
13.3.5 Kohler Latest Developments
13.4 Elkay
13.4.1 Elkay Company Information
13.4.2 Elkay Sink Product Portfolios and Specifications
13.4.3 Elkay Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 Elkay Main Business Overview
13.4.5 Elkay Latest Developments
13.5 America Standerd
13.5.1 America Standerd Company Information
13.5.2 America Standerd Sink Product Portfolios and Specifications
13.5.3 America Standerd Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 America Standerd Main Business Overview
13.5.5 America Standerd Latest Developments
13.6 Duravit
13.6.1 Duravit Company Information
13.6.2 Duravit Sink Product Portfolios and Specifications
13.6.3 Duravit Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Duravit Main Business Overview
13.6.5 Duravit Latest Developments
13.7 Oulin
13.7.1 Oulin Company Information
13.7.2 Oulin Sink Product Portfolios and Specifications
13.7.3 Oulin Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 Oulin Main Business Overview
13.7.5 Oulin Latest Developments
13.8 Teka
13.8.1 Teka Company Information
13.8.2 Teka Sink Product Portfolios and Specifications
13.8.3 Teka Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Teka Main Business Overview
13.8.5 Teka Latest Developments
13.9 JOMOO
13.9.1 JOMOO Company Information
13.9.2 JOMOO Sink Product Portfolios and Specifications
13.9.3 JOMOO Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 JOMOO Main Business Overview
13.9.5 JOMOO Latest Developments
13.10 Roca
13.10.1 Roca Company Information
13.10.2 Roca Sink Product Portfolios and Specifications
13.10.3 Roca Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Roca Main Business Overview
13.10.5 Roca Latest Developments
13.11 Moen
13.11.1 Moen Company Information
13.11.2 Moen Sink Product Portfolios and Specifications
13.11.3 Moen Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 Moen Main Business Overview
13.11.5 Moen Latest Developments
13.12 Huida
13.12.1 Huida Company Information
13.12.2 Huida Sink Product Portfolios and Specifications
13.12.3 Huida Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.12.4 Huida Main Business Overview
13.12.5 Huida Latest Developments
13.13 Artisan
13.13.1 Artisan Company Information
13.13.2 Artisan Sink Product Portfolios and Specifications
13.13.3 Artisan Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.13.4 Artisan Main Business Overview
13.13.5 Artisan Latest Developments
13.14 Primy
13.14.1 Primy Company Information
13.14.2 Primy Sink Product Portfolios and Specifications
13.14.3 Primy Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.14.4 Primy Main Business Overview
13.14.5 Primy Latest Developments
13.15 Just Manufacturing
13.15.1 Just Manufacturing Company Information
13.15.2 Just Manufacturing Sink Product Portfolios and Specifications
13.15.3 Just Manufacturing Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.15.4 Just Manufacturing Main Business Overview
13.15.5 Just Manufacturing Latest Developments
13.16 Sonata
13.16.1 Sonata Company Information
13.16.2 Sonata Sink Product Portfolios and Specifications
13.16.3 Sonata Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.16.4 Sonata Main Business Overview
13.16.5 Sonata Latest Developments
13.17 Morning
13.17.1 Morning Company Information
13.17.2 Morning Sink Product Portfolios and Specifications
13.17.3 Morning Sink Sales, Revenue, Price and Gross Margin (2018-2023)
13.17.4 Morning Main Business Overview
13.17.5 Morning Latest Developments
14 Research Findings and Conclusion