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Showerhead and Panel Market Share, Size, Emerging
Trends and Growth, Analysis, Overview and Forecasts 20162020
Technavios market research analyst estimates the global showerhead and panel market to gain
immense popularity during the forecast period. Rapid urbanization and growing awareness pertaining to
energy and water conservation are the two major factors that bolster growth in this market and results
in its modest CAGR of more than 4% by 2020.
In this market research report, analysts estimate eminent factors, such as the increasing energy and
water efficiency of showerheads and panels, to drive market growth during the forecast period. A
change in the consumers preference towards energy efficiency is expected to force the vendors to
innovate energy-efficient and eco-friendly shower systems. The high efficiency and re-circulation
capability of these systems is expected to propel its adoption during the forecast period.
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Geographical segmentation of the showerhead and panel market by geography
APAC
EMEA
Americas
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Geographically, the APAC region is envisaged to account for the highest market growth rate during the
forecast period. The presence of fast-growing economies in this region coupled with the growing
preference for affordable housing is expected to incite market growth in this region during the forecast
period.
Competitive landscape and key vendors
This market consists of numerous large and regional vendors that increasingly compete with each other
to gain maximum market prominence during the forecast period. The large vendors in this market face
intense competition from the regional vendors as they have the capacity to develop inexpensive
products. Income distribution and the difference in bathing activities are the...