Mexico Bathtub Market by Product Type (Free-standing Bathtubs, Alcove Bathtubs, Drop-In Bathtubs, Corner Bathtubs) By Material (Steel, Acrylic, Ceramic), By End-Use (Residential and Commercial), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031
- Published date: March 2023
- Report ID: 73511
- Number of Pages: 251
- Format:
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Market.US announces the publication of its most recently generated research report titled, “Mexico Bathtub Market by Product Type (Free-standing Bathtubs, Alcove Bathtubs, Drop-In Bathtubs, Corner Bathtubs, and Other Types) By Material (Steel, Acrylic, Ceramic, and Other Materials), By End-Use (Residential and Commercial) – Global Forecast to 2031”, which offers a holistic view of Mexico Bathtub Market through systematic segmentation that covers every aspect of the target market.
Mexico Bathtub Market is projected to be US$ 158.8 Mn in 2021 to reach US$ 208.5 Mn by 2031 at a CAGR of 2.8%.
A bathtub is a container that holds water that is used to bathe or shower in. It is also known simply as a bath or tub. Most modern bathtubs are made of acrylic, fiberglass, steel or cast iron, but alternatives are available in enamel, and occasionally waterproof finished wood. A bathtub is usually placed in a bathroom either as a stand-alone fixture or in conjunction with a shower.
Modern bathtubs have overflow or excess water drains, and generally have taps mounted on them. They may be built-in or free standing or even sometimes sunken. Until recently, most bathtubs were roughly rectangular in shape, but with the advent of acrylic thermoformed tubs, varying shapes or sizes are now available. Bathtubs are commonly white/off-white in colour, although other colours options can be found as well.
trending_up Total Revenue in 2018$ 158.8 Mn
trending_up Market CAGR of the Next Ten Years2.8%
no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.- By Type
- By Region
- By Application
no_encryption Leading Companies Financial HighlightsPurchase this report or a membership to unlock the leading companies financial highlights for this industry.trending_up Market Revenue of the Next Ten Years$ 208.5 Mn
The demand for bathtubs is primarily driven by the expansion of the hospitality industry. The desire to travel owing to a surge in the influence of social media has further contributed to the general increase in the number of travelers on a global-scale. This increase in travelers has subsequently lead to a surge in the demand for luxury services offered by various entities in the hospitality industry, which is a primary factor that has compelled key industry players to offer the best possible product as a means of catering to their potential clientele.
Therefore, various players in the hospitality industry tend to install bathtubs at their facilities, be it a spa or a wellness center, to lure potential patrons the facility to relax and unwind. As such, this anticipated surge in the economic growth of the hospitality industry is expected to spike the demand for both conventional and smart bathtubs.
The high costs associated with bathtubs, its installation, as well as the maintenance and energy consumption may be a major challenge for those individuals that belong to low-to-medium income groups. Nonetheless, the availability of financing options and easy payment plans can alleviate the effect of this obstacle to a certain extent.
Mexico Bathtub Market Revenue (US$ Mn), 2020–2031
Mexico Bathtub Market Attractiveness Analysis by Component, 2015–2031
The bathtub market in Mexico is segmented on the basis of type, material, end-user, and region. Based on type, this target market is divided into free-standing bathtubs, alcove bathtubs, drop-in bathtubs, and corner bathtubs, among other types. With respect to type segmentation, the free-standing bathtubs sub-segment is expected to account for a majority share of this target market’s revenue.
On the basis of material, it is divided into steel, acrylic, ceramic, and other materials. With respect to the material segmentation of this target market, the acrylic segment is projected to register high revenue growth over the forecast period. On the basis of end-user, this market is bifurcated into residential and commercial. Among these end-user segments, the residential segment is expected to register the majority revenue share of this target market.
The research report on Mexico bathtub market includes profiles of some of the major companies such as:
- Kohler Co.
- TOTO Ltd.
- Roca Sanitario S.A.
- Jacuzzi Brands LLC
- Villeroy & Boch
- RAVAK A.S.
- Shower Walls S.A. De C.V
- other
Mexico Bathtub Market Segmentation Based on Product Type, Material Type, End-Use, and Region
Based on Product Type
- Free-standing Bathtubs
- Alcove Bathtubs
- Drop-In Bathtubs
- Corner Bathtubs
- Other Types
Based on Material Type
- Steel
- Acrylic
- Ceramic
- Other Materials
Based on End-Use
- Residential
- Commercial
Based on Regions:
- North America
- Europe
- Asia Pacific
- South America
- MEA
For the Mexico Bathtub Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
- Kohler Co.
- TOTO Ltd.
- Roca Sanitario S.A.
- Jacuzzi Brands LLC
- Villeroy & Boch
- RAVAK A.S.
- Shower Walls S.A. De C.V
- other
- settingsSettings
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