Toilet Grab Bar Market by Product Type, Application, Installation, Width Size, Distribution Channel and Region – Global Market Size Estimation, Industry-Wide Analysis, Competitive Landscape Assessment & Long-Term Forecast to 2030
Overview
Toilet Grab Bar Market size was valued at USD 757.48 Mn. in 2023 and expected to reach USD 1138.97 Mn. by 2030 at a CAGR of 6% during the forecast period.
Toilet Grab Bar Market Overview:
Toilet Grab Bars provide support while sitting or even standing up safely and easily after using the toilet. Grab bars are easily installed in toilet showers also. Moreover, they are extensively used in hospitals and in handicapped bathroom sections. Aged people have sometimes weak knee issues, and the toilet grab bars are the best option for them to get the pressure off from the knees. In addition, grab bars often reduce the risk of injuries to the elderly in our home. The global toilet grab bar market is expected to register a CAGR of approximately 6% during the forecast period.
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Toilet Grab Bar Market Dynamics:
Increasing demand for increasing grab and grip issues among elderly people and handicapped citizens while using bathtub and toilet seats are the factors considered to drive the growth of the product. Moreover, incessant growth in the elderly population across the globe is the key factor considered to drive the growth of the market. According to UN Report, people above 65 years of age are accounted for approximately 730 million and the number is expected to double by the year 2050.
Innovation made by toilet grab products manufacturers including self-height adjustment bars and powder coated bars for anti-fungal and anti-bacterial properties are the factors expected to create mouthful of opportunities for prominent players in the market. In addition, increasing number of health care centers and hospitals across the emerging economies is the key factor driving the growth of the market.
In addition, an increasing trends in service and commercial sector for consumer safety and increasing penetration of E-Commerce sector across the globe are the factors considered to drive demand for the toilet grab bars in the market. The expensiveness of toilet grab bars is the only factor expected to hinder the demand for the product as a cost of raw materials for manufacturing of product including stainless steel, aluminum are increasing rapidly across the globe.
According to Amazon, the wider reach of products in toilet and bathroom grab bars by E-commerce has increased the unit sales of products in the market across the emerging economies. Moreover, sales of the product are expected to increase during the forecast period.
Market restraints and challenges are covered in the report a comprehensive analysis and bottom-up approach are considered while collecting the data. Moreover, data for 2022 is also considered while analyzing the challenges for the market during the forecast period to give the user thorough detailing of the recent trends in the market.
Toilet Grab Bar Market Segment Analysis:
Wall Mounted Installation Segment is dominating the Toilet Grab Bar Market:
According to UpCounsel 2023, the bathroom and toilet equipment industry is expected to dominate the commercial sector during the forecast period owing to the increasing commercialization of equipment manufacturing across the globe. Moreover, wall mounted segment is considered to dominate the market as the product segment is more cost-effective and resourceful compared to floor-mounted segment.
Moreover, many hospitals and nursing centers are equipped with wall mounted toilet bars and hence, the increasing adoption of the segment from service sector is expected to drive the growth of the wall mounted product across the globe. New innovations in the product manufacturing including fiber modeling of toilet bars and grip given to the bars for safety and quick support even in the wet constitutions are the factors expected to create opportunities for key players in the market.
Double Wall segment is considered to supplement the growth of Toilet Grab Bar Market:
Double wall products give improved safety and comfortable grip experience to the handicapped people especially. Since, governments have made it mandatory to provide at least 3-4 handicapped toilets in the commercial spaces including malls, restaurants, and others, have seen the growth of the double wall product segment incrementally. In addition, many toilets grab bars manufacturers are allowing joint venture projects for various commercial sites for the installation and maintenance of the product also which is extensively increasing the value chain of the double wall toilet grab products.
Moreover, double wall toilet grab bars provide more aesthetic looks to the toilets, which is the key factor considered to drive the growth of the segment during the forecast period. The detailed segment analysis is covered in the report for a better understanding of the product sales and business opportunities in the market for users.
E-Commerce: New Trend of Distribution Channeling in the Global Toilet Grab Bar market:
According to Harvard Media, worldwide retail E-commerce sales are projected for approximately 17.5% of total retail sales across the globe by 2023. Moreover, ever-changing consumer demands and volatile market dynamics are the factors considered to drive the E-commerce sector during the forecast period. Moreover, according to studies, the E-commerce sector is accounted for approximately 4.6 trillion USD in the year 2023
Owing to the above speculations, it is clear that E-commerce sector is dominating sales channel for retailing and commercial sectors. According to an annual report by KOHLER, toilet grab bar market sales are increased by approximately 13.8% during the lockdown period owing to E-commerce retailing and Omnichannel shopping made by consumers across the globe. Hence, the trend of E-commerce shopping is expected to grow at a CAGR of xx% during the forecast period as more manufacturers are collaborating with E-commerce retailers for product sales integration.
Toilet Grab bar Market Regional Insights:
North America dominates the Toilet Grab Bar market owing to increasing development strategies made by various industry verticals in the region. Increasing demand from commercial sectors including malls and restaurants for wall-mounted toilet bars is the key factor considered to drive the growth of the product demand in the market. In addition, key players including GROHE America, American Specialties, Inc., BOBRICK, and others in the region are investing actively in the E-commerce sector for product integration, which is the key factor driving the growth of the market. Moreover, the high number of elderly population across the region is the factor expected to propel the growth of the region.
Europe is considered the fastest-growing region in the Toilet Grab Bar Market owing to changing choices of consumers in aesthetic bathrooms and toilets across the region. Companies including KOHLER and others are repeatedly improving the design parameters for the toilet grab bars and hence, consumer safety and comfort. The above factors are expected to propel the growth of the European toilet bars market during the forecast period.
APAC accounted for a reasonable share in the toilet grab bar market. Factors attributing to the growth of the region are increasing number of raw product manufacturing across China and India. In addition, most of the manufacturers across the globe import raw products from China and other countries owing to less manufacturing cost and high availability of labor in the region.
The objective of the report is to present a comprehensive analysis of the Global Toilet Grab Bar Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Toilet Grab Bar Market dynamics, structure by analyzing the market segments and project the Global Toilet Grab Bar Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Market make the report investor’s guide
Toilet Grab Bar Market Scope: Inquiry Before Buying
| Global Toilet Grab Bar Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | USD 757.48 Mn. |
| Forecast Period 2024 to 2030 CAGR: | 6% | Market Size in 2030: | USD 1138.97 Mn. |
| Segments Covered: | by Product Type | Swing Up Single Wall Double Wall |
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| by Application | Commercial Household |
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| by Installation | Floor Mounted Wall Mounted |
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| by Width Size | 12-18 inches 19-24 inches 25-36 inches 36-42 inches Above 42 inches |
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| by Distribution Channel | Offline Online Websites E-Commerce |
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Toilet Grab Bar Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Toilet Grab Bar Market, Key Players
1. TOTO Ltd.
2. KAWAJUN Co. Ltd.
3. Grohe America, Inc.
4.KOHLER Co.
5. GF Health Products, Inc.
6. Etac AB
7. CSI Bathware
8. American Specialties, Inc.
9. Bobrick Washroom Equipment, Inc.
10. Frost Products, Ltd.
11. Invacare Corporation
12. Drive Medical
13. Moen Inc.
14. YJL
15. LIXIL Group
16. Ponte Giulio
17. Handicare
18. Pressalit Care
19. Liansheng
20. K Care
21. O.D.F
22. MEYRA
23. Baker-Elman
Frequently Asked Questions:
1. Which region has the largest share in Global Toilet Grab Bar Market?
Ans: North America region holds the highest share in 2023.
2. What is the growth rate of Global Toilet Grab Bar Market?
Ans: The Global Toilet Grab Bar Market is growing at a CAGR of 6% during forecasting period 2024-2030.
3. What is scope of the Global Toilet Grab Bar market report?
Ans: Global Toilet Grab Bar Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Toilet Grab Bar market?
Ans: The important key players in the Global Toilet Grab Bar Market are – TOTO Ltd., KAWAJUN Co. Ltd., Grohe America, Inc., KOHLER Co., GF Health Products, Inc., Etac AB, CSI Bathware, American Specialties, Inc., Bobrick Washroom Equipment, Inc., Frost Products, Ltd., Invacare Corporation, Drive Medical, Moen Inc., YJL, LIXIL Group, Ponte Giulio, Handicare, Pressalit Care, Liansheng, K Care, O.D.F, MEYRA, and Baker-Elman.
5. What is the study period of this market?
Ans: The Global Toilet Grab Bar Market is studied from 2023 to 2030.