Fast news | The sales volume of the North American sanitary ware market has a compound annual growth rate of 3.14%.

According to the Triton market research report, the North American sanitary ware market is expected to grow significantly, with a revenue compound annual growth rate (CAGR) of 3.51% and a sales volume CAGR of 3.14% between 2022 and 2028. This optimistic forecast reflects the growing demand for sanitary ware products, especially in the United States and Canada.

The North American sanitary ware market will continue to grow, driven by factors such as increasing urbanization, residential and commercial construction projects, and consumer preference for modern and aesthetically pleasing bathroom fixtures. Trends affecting the North American sanitary ware market include a focus on water conservation and sustainable sanitation. Growing demand for sanitary ware, adoption of smart bathroom solutions and preference for modern design.

Key focus areas for market growth include enhancing product innovation, meeting sustainability standards and expanding product portfolio. Faucets, in particular, are expected to become an important component of the sanitary ware market, reflecting the importance of aesthetics and functionality in modern bathroom design. (Source: Triton Market Research)