Global Sink Market Insights, Forecast to 2025

A sink (also known as sinker, washbowl, hand basin and wash basin) is a bowl-shaped plumbing fixture used for washing hands, dishwashing, and other purposes. It comes from the Latin word "zinc" Sinks have taps (faucets) that supply hot and cold water and may include a spray feature to be used for faster rinsing. They also include a drain to remove used water; this drain may itself include a strainer and/or shut-off device and an overflow-prevention device. Sinks may also have an integrated soap dispenser.
In the last several years, global market of Sink developed with the production growth rate of 3.8%. In 2015, global capacity of Sink was more than 65000 K Units.
Market competition is intense. Franke, Blanco, Kohler, Elkay, etc. are the leaders of the industry, and hold the key technologies and patents, with high-end customers. However, with the future expanding market, there will be more manufactures in the future.

The Sink market was valued at 7610 Million US$ in 2018 and is projected to reach 11100 Million US$ by 2025, at a CAGR of 4.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Sink.

This report presents the worldwide Sink market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Franke
Blanco
Kohler
Elkay
America Standerd
Duravit
Oulin
Teka
JOMOO
Roca
Moen
Huida
Artisan
Primy
Just Manufacturing
Sonata
Morning

Sink Breakdown Data by Type
Stainless steel sinks
Ceramic sinks
Artificial stone sinks
Other
Sink Breakdown Data by Application
Bathroom Sinks
Kitchen Sinks
Other

Sink Production by Region
United States
Europe
China
Japan
Other Regions

Sink Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Sink status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Sink manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Sink :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Sink market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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