Bathroom Vanities Market is driven by Growing Home Improvement and Renovation Activities
The bathroom vanities market involves products that provide storage space and counter surfaces for bathroom accessories. Bathroom vanities come equipped with countertops, cabinets, and sinks for personal grooming and self-care activities. Various materials are used in manufacturing bathroom vanities including wood, ceramic, glass, stainless steel, and stone. Bathroom vanities provide ample storage space for grooming kits, toiletries, towels, and other items. They enhance the aesthetic appeal and functionality of bathrooms.
The bathroom vanities market is estimated to be valued at USD 43.82 Bn in 2024 and is expected to reach USD 72.05 Bn by 2031. It is expected to grow at a compound annual growth rate (CAGR) of 7.36% from 2024 to 2031.
The growing demand for luxurious and designer bathroom fittings from the urban population is a major factor driving market growth. Rapid urbanization and rising disposable income levels in developing countries are fueling sales of premium Bathroom Vanities Market.
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