Faucet Market Size Is Anticipated To Reach USD 36.69 Billion By 2030
San Francisco, 24 January 2025: The Report Faucet Market Size, Share & Trends Analysis Report By Product, By Technology, By End-user, By Application, By Material, By Finish, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030 The global faucet market size is expected to reach USD 36.69 billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth in the real estate industry eventually increasing the construction of residential and commercial buildings that require faucet installations is anticipated to fuel the growth of the market. Due to urbanization, rapidly rising costs of houses and mortgage rates are influencing people to invest more in home-remodeling projects. Hence, this led to an increase in trendy and smart bathroom accessories and further drive the growth of the market for faucets. According to the American Housing Survey studied by Harvard’s Joint Cent...