Under the industry situation, future sanitary ware market demand will expand

Sanitary ware is an essential household item. With the improvement of the overall level of residents, the market is gradually expanding under the acceleration of urbanization and the construction of new rural areas. Originally, the market share of ceramic tile sanitary ware products in the secondary and tertiary markets was very low. The development of these markets will inevitably greatly promote the development of the ceramic tile industry.

Sanitary ware is an essential household item. With the improvement of the overall level of residents, the market is gradually expanding under the acceleration of urbanization and the construction of new rural areas. Originally, the market share of ceramic tile sanitary ware products in the secondary and tertiary markets was very low. The development of these markets will inevitably greatly promote the development of the ceramic tile industry. Tiles going to the countryside has become a new fashion like home appliances and automobiles. The country's 'Western Development' and 'New Countryside Construction' policies have provided a big boost. It can be seen that China's ceramic tile and sanitary ware market has huge development opportunities and potential in second- and third-tier cities.

After the national property market 'destocking' policy was introduced, the property market is in good condition, and there have been many upsurges in house purchases across the country. This also hints at the expansion of the home improvement market and new development opportunities for the sanitary ware industry. The process of domestic urbanization is accelerating, the urban economy is developing rapidly, affordable housing is completed and delivered in batches, and the living standards and spending power of urban residents are also rapidly improving. Golden age. Sanitary ware companies can use this to develop more complete and systematic sales channels. Expansion of global sanitary ware market demand According to a recent research report, the global metal sanitary ware market will grow by 5.4% in the next few years; previously, it maintained an annual growth rate of 8.2% from 2007 to 2014. At present, stainless steel basins and sinks occupy a major market share of 32.2%; it also includes 6.6% of stainless steel and iron bathtubs, and 38.4% of other stainless steel and iron sanitary ware products; 17.7% of copper sanitary ware and 5.0 of aluminum sanitary ware %. At present, the world's largest metal sanitary ware market is mainly: Australia, China, Germany, Italy and the United States. However, the countries with the strongest growth in the next few years are expected to be around 16.8% in Bolivia, 16.4% in Bangladesh, 14.6% in Jordan, 8.6% in Vietnam and 8.1% in China. The sanitary ware industry market survey analysis report predicts that from 2015 to 2018, the demand for the global metal sanitary ware market will increase by 5.4%. China, Bangladesh, Bolivia, Jordan and the United States are considered the most likely to grow in the next few years. . After more than 20 years of development, China has become the world's largest country in the production of sanitary ware products, especially the rapid development of ceramic tile sanitary ware, and a number of influential national ceramic tile brands have been formed. The globalized economic system provides a good market opportunity for China's sanitary ware, which is conducive to Chinese sanitary ware's participation in the development and competition of global sanitary ware.