May 16, 2023
Smart Toilet Market size to grow by USD 4,615.63 million from 2022 to 2027; The rising demand for water
NEW YORK, June 1, 2023 /PRNewswire/ -- The global smart toilet market size is
NEW YORK, June 1, 2023 /PRNewswire/ -- The global smart toilet market size is estimated to increase by USD 4,615.63 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 8.65% during the forecast period. Rising demand for water-saving technologies notably drives the smart toilet market growth. There are two types of flushing systems used in residential and commercial buildings, namely gravity flush and pressure flush. Gravity washing uses water to generate the washing pressure, whereas a pressure assist system, on the other hand, uses compressed air to force water into a bowl. Some latest flushing system technologies involve dual cyclone flushing systems. For instance, the Dual Cyclone system offered by Toto uses approximately 1.28 gallons of water per flush but the system's unique design directs the water into a siphon to create a more efficient flush. Thus, the rising demand for water-saving technologies is expected to boost the growth of the market during the forecast period. Discover some insights on the market size historic period (2017 to 2021) and Forecast 2023-2027 before buying the full report -Request a sample report
Smart toilet market – Vendor AnalysisVendor Landscape - The global smart toilet market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer smart toilet in the market are Duravit AG, Geberit International Sales AG, HITECH, Hokwang Industries Co. Ltd., Huida Sanitary Ware Co. Ltd., Jaquar Group, Kalyani Cleantech, Kohler Co., LIXIL Corp., Moen Inc., Orans srl, OVE DECORS ULC, Roca Sanitario SA, Seewin Technology Zhejiang Co. Ltd., Toto Ltd., Villeroy and Boch AG, VOVO USA, Wellis Hungary Plc, Xiamen Beewill Sanitary Co. Ltd., and Zhejiang Moershu Sanitary Equipment Co. Ltd. and others.
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Vendor Offerings -
Duravit AG - The company offers a sensowash smart toilet developed for female users with delicate water spray for gentle cleansing.
HITECH - The company offers a smart toilet system in-built with a self-cleaning function.
Huida Sanitary Ware Co. Ltd. - The company offers an HDZ7021T smart toilet which is designed to reduce the usage of toilet paper.
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Smart Toilet Market - Segmentation Assessment
Segment OverviewTechnavio has segmented the smart toilet market based on application (commercial and residential), distribution channel (offline and online), and geography (Europe, North America, APAC, Middle East and Africa, and South America).
The market share growth by the commercial segment will be significant for overall market growth during the forecast period. There is an increasing installation of smart toilets in commercial real estate projects, fine dining restaurants, bars, shopping malls, and hotels, which drives the demand for the market in focus. Moreover, smart toilets are becoming more common in the hospitality and healthcare sectors. Additionally, with new hotels, hospitals, restaurants, educational institutions, and warehouses operating around the world, construction activity in this segment is increasing rapidly. Hence, the growth in the commercial segment will therefore lead to increased demand for smart toilets over the forecast period.
Geography OverviewBy geography, the global smart toilet market is segmented into Europe, North America, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global smart toilet market.
Europe is estimated to account for 32% of the global market growth during the forecast period. Increasing demand for smart toilets in smart homes, coupled with increasing adoption of smart technology in commercial, residential, and corporate buildings, drive the growth of the market in the region. Furthermore, some smart toilets have additional features such as deodorizers, motion sensors, dual flush systems, and sound effects. Five-star hotels in European countries such as the UK and Germany are among potential customers, which are expected to adopt such toilet upgrades during the forecast period. Hence, such factors drive regional growth during the forecast period.
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Smart Toilet Market – Market Dynamics
Key Trends -
The demand for customized and germ-resistant toilet seats is an emerging trend in the smart toilet market growth. As a result of the increasing awareness of health and hygiene, customized antibacterial toilet seats are the latest trend in the market. This leads to the demand for resistant custom toilet seats increasing among wealthy individuals and high-income consumers, as the use of public toilet seats can transmit contagious diseases.
Furthermore, unsanitary and non-microbiologically resistant toilet seats can compromise user safety and increase the risk of skin diseases. For instance, Kohler, TOTO, and other sanitary companies have introduced intelligent toilet systems containing antimicrobial agents, which protect the toilet seat from stain-causing bacteria and other microbes, making it antimicrobial. Hence, such trends boost the segment growth during the forecast period.
Major challenges -
The threat of substitute products is a challenge hindering the smart toilet market growth. Developing countries such as China and India mostly prefer regular toilets. However, issues such as the lack of awareness of smart toilet functionality, cost constraints, and low penetration in developing countries are expected to hamper the growth of the market.
Furthermore, hygiene culture varies from country to country. For instance, in India, most rural areas do not have toilets, for which the Government of India has launched the Swatch Bharat Mission' initiative focused to provide adequate sanitation to rural India. But nationwide awareness of smart toilets and smart toilet seats is very low, increasing the demand for regular toilets. Hence, such challenges could pose challenges to the growth of the market during the forecast period.
Drivers, Trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!
What are the key data covered in this Smart Toilet Market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the smart toilet market between 2023 and 2027
Precise estimation of the size of the smart toilet market and its contribution to the market with a focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the smart toilet market across Europe, North America, APAC, Middle East and Africa, and South America
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of smart toilet market vendors
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Smart Toilet Market Scope
Report Coverage
Details
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 8.65%
Market growth 2023-2027
USD 4,615.63 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
7.72
Regional analysis
Europe, North America, APAC, Middle East and Africa, and South America
Performing market contribution
Europe at 32%
Key countries
US, Japan, UK, Germany, and France, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Duravit AG, Geberit International Sales AG, HITECH, Hokwang Industries Co. Ltd., Huida Sanitary Ware Co. Ltd., Jaquar Group, Kalyani Cleantech, Kohler Co., LIXIL Corp., Moen Inc., Orans srl, OVE DECORS ULC, Roca Sanitario SA, Seewin Technology Zhejiang Co. Ltd., Toto Ltd., Villeroy and Boch AG, VOVO USA, Wellis Hungary Plc, Xiamen Beewill Sanitary Co. Ltd., and Zhejiang Moershu Sanitary Equipment Co. Ltd.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global smart toilet market 2017 - 2021
4.2 Application Segment Analysis 2017 - 2021
4.3 Distribution Channel Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Application
6.1 Market segments
6.2 Comparison by Application
6.3 Commercial - Market size and forecast 2022-2027
6.4 Residential - Market size and forecast 2022-2027
6.5 Market opportunity by Application
7 Market Segmentation by Distribution Channel
7.1 Market segments
7.2 Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
7.4 Online - Market size and forecast 2022-2027
7.5 Market opportunity by Distribution Channel
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
9.4 North America - Market size and forecast 2022-2027
9.5 APAC - Market size and forecast 2022-2027
9.6 Middle East and Africa - Market size and forecast 2022-2027
9.7 South America - Market size and forecast 2022-2027
9.8 US - Market size and forecast 2022-2027
9.9 UK - Market size and forecast 2022-2027
9.10 Germany - Market size and forecast 2022-2027
9.11 Japan - Market size and forecast 2022-2027
9.12 France - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Duravit AG
12.4 Geberit International Sales AG
12.5 HITECH
12.6 Huida Sanitary Ware Co. Ltd.
12.7 Jaquar Group
12.8 Kalyani Cleantech
12.9 Kohler Co.
12.10 LIXIL Corp.
12.11 Moen Inc.
12.12 OVE DECORS ULC
12.13 Roca Sanitario SA
12.14 Toto Ltd.
12.15 Villeroy and Boch AG
12.16 VOVO USA
12.17 Wellis Hungary Plc
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
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