Overview
The smart toilet market is anticipated to grow by US$11.1 billion by 2023 rapidly growing at a CAGR of 15.12% during the forecast period. The global smart toilet market is driven by growing geriatric population and rising awareness about technological advancements. These factors have helped shape the smart toilet market and are expected to boost the growth. Companies in the smart toilet market could also face challenges such as dominance of cheap domestic sanitaryware as well as high cost of products. The details covered in the smart toilet market report cover all the aspects of the industry. Analysts studying the smart toilet market have also shared growth projections in the report and have suggested smart toilet market players to plan business strategies accordingly.
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Market Segmentation
The global smart toilet market has been segmented based on connectivity, type, usage, and distribution channel. On the basis of type, the market for smart toilet is segmented based on close-coupled, one-piece toilet, single floor standing toilet, wall hung toilet. Additionally, the market on the basis of connectivity, is segmented into wi-fi, bluetooth. The global market for smart toilet is also covered based on usage segment which is further split into residential, commercial. On the basis of the distribution channel, the market for smart toilet is segmented based on online, offline.
Factors like use of connectivity technologies such as Bluetooth and Wi-Fi as well as rapid growth of connected devices support the smart toilet market growth. The performance of smart toilet market has also been studied for the past and current years. Additionally, the smart toilet market report provides analysis of these segments. The smart toilet market segmental analysis provided in the report offers major details about the smart toilet market based on the data and forecasts till 2023.
Regional Overview
Companies in the smart toilet market are spread across the world. The smart toilet market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American smart toilet market has many companies across the United States, Canada, and Mexico. The smart toilet market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the smart toilet market can be found in the market research report. Europe has companies in the smart toilet market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the smart toilet market across India, China, and Japan in the Asia-Pacific region is also presented in the report.
Competitive Landscape
The smart toilet market is supported by growing awareness about energy conservation and the environmental effect of water shortage. The population growth around the world and increasing demand of smart toilet market based services and products also support the market growth. However, the smart toilet market growth can be affected due to consumer preference for traditional toilets and use of comparatively cheaper conventional solutions. The report covers all such details which will help companies in the smart toilet market to strengthen their business plan and improve their product portfolio. The smart toilet market research report also provides company profiles of major companies. The company profiles of many organizations operating in the smart toilet market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the smart toilet market. New companies and established businesses can plan their strategies based on this data provided in the smart toilet market research report.
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Industry News
Bemis Manufacturing Corporation, the largest global maker of toilet seats, officially revealed its purchase of Bio Bidet, a well-established and profitable bidet brand that provides bidet and intelligent toilet seats and bidet accessories. Bemis has designed toilet seats with revolutionary features and unparalleled craftsmanship for more than 90 years that are tailored to the most personal needs and habits of consumers. Bemis bathroom items are sold across wholesale and retail outlets worldwide, and span through traditional, sturdy enameled wooden seats to trendy plastic seats that match any interiors.
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