
U.S. Faucet Market Is Set To Reach 5.63 USD Billion By 2033, Growing At A CAGR Of 4.8
U.S. Faucet Market by Type (Pull Out, Pull Down, Bar, Motion Detection, Separate Spray, Others), by Material Type (Brass, Stainless Steel, Chrome, Plastics, Others), by Install Type (Wall Mounted, Deck Mounted), by Functionality (Manually Operated, Touchless, Hybrid), by Application (Bathroom, Kitchen), by End-user (Commercial/Industrial, Residential), by Forecast 2025-2033
Key Insights
The U.S. Faucet Marketsize was valued at USD 5.63 USD Billion in 2023 and is projected to reach USD 7.82 USD Billion by 2032, exhibiting a CAGR of 4.8 % during the forecast period. A faucet is commonly known as a tap which is used to open, close, and regulate the flow of water within a plumbing system. There are additional varieties of faucets, the most common being compression faucets, ball faucets, cartridge faucets, and disc faucets; each with dissimilar mechanisms for controlling water flow. Faucet characteristics may include a single handle or dual handle, the presence of a pull-out sprayer, whether taps are touchless, or not, and whether their flow rates can be adjusted or not. Faucets are typically placed in the kitchen, the washroom, and in outdoor areas such as the yards, and they play important functions in areas such as homes, offices, and factories. They offer comfort, cleanliness, and ration-sparing use of water and are part of what has become the main framework of plumbing systems.
U.S. Faucet Trends
- Increasing demand for smart and touchless faucets
- Growing preference for aesthetically pleasing and durable faucets
- Adoption of energy-efficient and water-saving faucets
Driving Forces: What's Propelling the U.S. Faucet Market
- Rising disposable income and increasing homeownership rates
- Growing focus on bathroom and kitchen remodeling projects
- Government regulations promoting water conservation
Challenges and Restraints in U.S. Faucet Market
- Volatile Raw Material Costs: Rising prices and supply chain disruptions for materials like copper, zinc, and plastic pose significant challenges for manufacturers.
- Intense Competition: The market is characterized by a high number of domestic players, both large and small, leading to fierce competition for market share.
- Limited Product Differentiation: Many faucets offer similar features and designs, limiting manufacturers' ability to differentiate their products and command premium pricing.
- Environmental Regulations: Increasing environmental concerns and regulations related to water conservation and sustainability add to the complexity of faucet design and manufacturing.
- Economic Downturns: Consumer spending on home improvement projects, including faucets, can be impacted by economic downturns.
Emerging Trends in U.S. Faucet
- Integration of IoT and smart home technologies
- Use of sustainable materials and eco-friendly designs
- Personalized faucet designs and customization options
Growth Catalysts in U.S. Faucet Industry
- Increasing demand for commercial and industrial faucets
- Government incentives for water-saving products
- Technological advancements and innovative product launches
Market Segmentation: U.S. Faucet Analysis
Type:
- Pull Out
- Pull Down
- Bar
- Motion Detection
- Separate Spray
- Others
Material Type:
- Brass
- Stainless Steel
- Chrome
- Plastics
- Others
Install Type:
- Wall Mounted
- Deck Mounted
Functionality:
- Manually Operated
- Touchless
- Hybrid
Application:
- Bathroom
- Kitchen
End-user:
- Commercial/Industrial
- Residential
Leading Players in the U.S. Faucet Market
- Geberit
- Fortune Brands Innovations (Moen Incorporated)
- Globe Union Industrial Corp (Gerber Plumbing Fixtures)
- Lixil Corporation (American Standards Brands)
- Masco Corporation (Delta Faucets Company)
- California Faucets
- Jaclo
- Kohler Co.
- Pfister Faucets
- Sloan Valve Company
Significant Developments in U.S. Faucet Sector
- Fortune Brands acquired Emtek & Schaub for USD 800 million
- Lixil Corporation acquired Basco for expansion in bathroom and kitchen products
- California Faucets introduced the Descanso Work Series for kitchen applications
- Moen Incorporated launched smart faucets with hands-free operation
Comprehensive Coverage U.S. Faucet Market Report
This report provides an in-depth analysis of the U.S. Faucet Market, including market size, growth drivers, restraints, and industry trends. It also includes company profiles, competitive landscape, and market segmentation.
Regional Insight
The U.S. Faucet Market is divided into five regional segments: Northeast, Midwest, South, West, and Canada. The Northeast accounted for the largest market share in 2023.
U.S. Faucet Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.8% from 2019-2033 |
Segmentation |
|
Frequently Asked Questions
Are there any restraints impacting market growth?
Stringent Regulations to Halt Growth of the Market.
Which companies are prominent players in the U.S. Faucet Market?
Key companies in the market include Geberit (Chicago Faucets) (Switzerland),Fortune Brands Innovations (Moen Incorporated) (U.S.),Globe Union Industrial Corp (Gerber Plumbing Fixtures) (Taiwan),Lixil Corporation (American Standards Brands) (Japan),Masco Corporation (Delta Faucets Company) (U.S.),California Faucets (U.S.),Jaclo (U.S.),Kohler Co. (U.S.),Pfister Faucets (U.S.),Sloan Valve Company (U.S.)
What is the projected Compound Annual Growth Rate (CAGR) of the U.S. Faucet Market ?
The projected CAGR is approximately 4.8%.
Can you provide examples of recent developments in the market?
September 2023: California Faucets introduced a new Descanso Work Series for kitchen applications. It is wall-mounted and features polished material, cost-effectiveness, and double-handle products. It finds wide usage in both residential and commercial spaces.
What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 2850 , USD 3850, and USD 4850 respectively.
Are there any additional resources or data provided in the report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
What are the main segments of the U.S. Faucet Market?
The market segments include
What are some drivers contributing to market growth?
Interior Design Trends to Propel Expansion of Market Landscape.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Interior Design Trends to Propel Expansion of Market Landscape
- 3.3. Market Restrains
- 3.3.1. Stringent Regulations to Halt Growth of the Market
- 3.4. Market Trends
- 3.4.1. Diverse Faucet Designs by Manufacturers to Fuel Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Faucet Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Pull Out
- 5.1.2. Pull Down
- 5.1.3. Bar
- 5.1.4. Motion Detection
- 5.1.5. Separate Spray
- 5.1.6. Others
- 5.2. Market Analysis, Insights and Forecast - by Material Type
- 5.2.1. Brass
- 5.2.2. Stainless Steel
- 5.2.3. Chrome
- 5.2.4. Plastics
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast - by Install Type
- 5.3.1. Wall Mounted
- 5.3.2. Deck Mounted
- 5.4. Market Analysis, Insights and Forecast - by Functionality
- 5.4.1. Manually Operated
- 5.4.2. Touchless
- 5.4.3. Hybrid
- 5.5. Market Analysis, Insights and Forecast - by Application
- 5.5.1. Bathroom
- 5.5.2. Kitchen
- 5.6. Market Analysis, Insights and Forecast - by End-user
- 5.6.1. Commercial/Industrial
- 5.6.2. Residential
- 5.7. Market Analysis, Insights and Forecast - by Region
- 5.7.1.
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Northeast U.S. Faucet Market Analysis, Insights and Forecast, 2019-2031
- 7. Southeast U.S. Faucet Market Analysis, Insights and Forecast, 2019-2031
- 8. Midwest U.S. Faucet Market Analysis, Insights and Forecast, 2019-2031
- 9. Southwest U.S. Faucet Market Analysis, Insights and Forecast, 2019-2031
- 10. West U.S. Faucet Market Analysis, Insights and Forecast, 2019-2031
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Geberit (Chicago Faucets) (Switzerland)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Fortune Brands Innovations (Moen Incorporated) (U.S.)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Globe Union Industrial Corp (Gerber Plumbing Fixtures) (Taiwan)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Lixil Corporation (American Standards Brands) (Japan)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Masco Corporation (Delta Faucets Company) (U.S.)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 California Faucets (U.S.)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Jaclo (U.S.)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Kohler Co. (U.S.)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Pfister Faucets (U.S.)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Sloan Valve Company (U.S.)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Geberit (Chicago Faucets) (Switzerland)
- Figure 1: U.S. Faucet Market Revenue Breakdown (USD Billion, %) by Product 2024 & 2032
- Figure 2: U.S. Faucet Market Share (%) by Company 2024
- Table 1: U.S. Faucet Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 2: U.S. Faucet Market Volume K Units Forecast, by Region 2019 & 2032
- Table 3: U.S. Faucet Market Revenue USD Billion Forecast, by Type 2019 & 2032
- Table 4: U.S. Faucet Market Volume K Units Forecast, by Type 2019 & 2032
- Table 5: U.S. Faucet Market Revenue USD Billion Forecast, by Material Type 2019 & 2032
- Table 6: U.S. Faucet Market Volume K Units Forecast, by Material Type 2019 & 2032
- Table 7: U.S. Faucet Market Revenue USD Billion Forecast, by Install Type 2019 & 2032
- Table 8: U.S. Faucet Market Volume K Units Forecast, by Install Type 2019 & 2032
- Table 9: U.S. Faucet Market Revenue USD Billion Forecast, by Functionality 2019 & 2032
- Table 10: U.S. Faucet Market Volume K Units Forecast, by Functionality 2019 & 2032
- Table 11: U.S. Faucet Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 12: U.S. Faucet Market Volume K Units Forecast, by Application 2019 & 2032
- Table 13: U.S. Faucet Market Revenue USD Billion Forecast, by End-user 2019 & 2032
- Table 14: U.S. Faucet Market Volume K Units Forecast, by End-user 2019 & 2032
- Table 15: U.S. Faucet Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 16: U.S. Faucet Market Volume K Units Forecast, by Region 2019 & 2032
- Table 17: U.S. Faucet Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 18: U.S. Faucet Market Volume K Units Forecast, by Country 2019 & 2032
- Table 19: Northeast U.S. Faucet Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 20: Northeast U.S. Faucet Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 21: Southeast U.S. Faucet Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 22: Southeast U.S. Faucet Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 23: Midwest U.S. Faucet Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 24: Midwest U.S. Faucet Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 25: Southwest U.S. Faucet Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 26: Southwest U.S. Faucet Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 27: West U.S. Faucet Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 28: West U.S. Faucet Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 29: U.S. Faucet Market Revenue USD Billion Forecast, by Type 2019 & 2032
- Table 30: U.S. Faucet Market Volume K Units Forecast, by Type 2019 & 2032
- Table 31: U.S. Faucet Market Revenue USD Billion Forecast, by Material Type 2019 & 2032
- Table 32: U.S. Faucet Market Volume K Units Forecast, by Material Type 2019 & 2032
- Table 33: U.S. Faucet Market Revenue USD Billion Forecast, by Install Type 2019 & 2032
- Table 34: U.S. Faucet Market Volume K Units Forecast, by Install Type 2019 & 2032
- Table 35: U.S. Faucet Market Revenue USD Billion Forecast, by Functionality 2019 & 2032
- Table 36: U.S. Faucet Market Volume K Units Forecast, by Functionality 2019 & 2032
- Table 37: U.S. Faucet Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 38: U.S. Faucet Market Volume K Units Forecast, by Application 2019 & 2032
- Table 39: U.S. Faucet Market Revenue USD Billion Forecast, by End-user 2019 & 2032
- Table 40: U.S. Faucet Market Volume K Units Forecast, by End-user 2019 & 2032
- Table 41: U.S. Faucet Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 42: U.S. Faucet Market Volume K Units Forecast, by Country 2019 & 2032
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.8% from 2019-2033 |
Segmentation |
|
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