North America Plumbing Fixtures Market Is Expected To Reach $ 40.00 Billion By 2028
San Francisco, 7 May 2024: The Report North America Plumbing Fixtures Market Size, Share & Trends Analysis Report By Product (Bathroom, Kitchen Fixtures), By Deployment (Residential, Commercial), By Distribution Channel, And Segment Forecasts, 2021 - 2028 The North America plumbing fixtures market size is anticipated to reach USD 40.00 billion by 2028, registering a CAGR of 7.5% over the forecast period, according to a new report by Grand View Research, Inc. The market growth is primarily attributed to the rising number of home remodeling and improvement projects, particularly bathrooms and kitchens, in the region. The emergence of the smart home concept has spurred the demand for advanced, energy-efficient, and water-saving plumbing fixtures, further driving the market. Growing home values have doubled homeowners’ equity in five years till 2019, indicating a surge in spending capacity on home improvement. According to the National Association of Realtors (NAR), existing-home