Pull Out and Pull Down Kitchen Faucet Market to reach US$ 2,954.3 Mn by 2026, exhibiting a CAGR of 5.1%

Delta Faucet, Kohler, and American Standard hold a dominant market share in terms of revenue

Pull-out and Pull-Down Kitchen Faucets Market Size, Share, and Global Trends

Pune, July 18, 2019 (GLOBE NEWSWIRE) – The global market for pull-out and pull-down kitchen faucets is expected to benefit from increasing demand for modern kitchens. Fortune Business Insights, in a published report entitled, “Pull-Out / Pull-Down Kitchen Faucets: Global Market Analysis, Insights, and Forecasts, 2018-2026” states that the global pull-out and pull-down faucet market was valued at $ 1,990.6 million in 2018. Fortune Business Insights has also stated that this market is expected to reach $ 2,954.3 million by the end of 2026, with a moderate CAGR of $ 1,990.6 million at 5.1%.

The report classifies the global pull-down and pull-down kitchen faucets market by type, flow rate, application, sales channel, material, installation type, functionality and geography. The functionality divides the market into manually operated, contactless and hybrid. Fortune Business Insights says pull-out or pull-down touch-free kitchen faucets that incorporate advanced sensor technologies are expected to gain greater end-user adoption.

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https://www.fortunebusinessinsights.com/industry-reports/pull-out-and-down-kitchen-faucet-market-100887

The growing need for smart kitchens is likely to drive growth in the Asia-Pacific market

The global pull-out and pull-down kitchen faucets market is geographically segmented into Asia Pacific, Latin America, the Middle East and Africa, North America, and Europe. Among these, Latin America and North America together currently hold approximately 45% of the global market for pull-out and pull-down kitchen faucets. North America is expected to dominate the market throughout the forecast period. This is likely due to the early introduction of advanced and fashionable kitchens. For the Asia-Pacific region, on the other hand, the highest CAGR is expected in the forecast period between 2019 and 2026. In addition, the steadily growing human population in the countries of this region leads to the construction of new houses. The income of the people in this region has also increased, leading to further demand for smart kitchens and smart houses. These factors are expected to drive the global pull-out and pull-down kitchen faucets market during the forecast period. In terms of market share, Europe is likely to remain in second place due to people’s increasing interest in advanced technologies and the adoption of modern lifestyles.

Kohler, Delta, and other key players are focusing on touchless faucets to save water

Major market players operating in the pull-down kitchen faucet industry are mainly focused on advanced technology and latest designs to strengthen their position in the market and gain significant share of global market share. Moen, Kohler, Delta and other faucet manufacturers have recently started launching hands-free or touchless faucets. These automatic faucets are more produced and sold because they help save water and are also convenient for consumers. Wi-Fi technologies, gossip and wave technologies are also offered by renowned manufacturers of sanitary products. Few companies have started taking initiatives to save water and raise awareness about the water crisis. They do this by limiting the flow rates of pull-out and pull-down kitchen faucets. The governments of many countries regulate the flow of water to encourage the masses to use as little water as possible. This has further reduced the flow.

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The report offers an in-depth analysis of market dynamics and the competitive landscape. The main findings of the report are the price trend analysis, the recent industry developments such as mergers and acquisitions, the regulatory scenario in key countries, the technology analysis, the SWOT analysis and the key industry trends.

Key companies covered in the report

• Hansgrohe SE
• Delta Faucet Company
• Moen Incorporated
• Kohler Co.
• Kraus USA
• Water rhythm
• Grohe America, Inc.
• Ruvati USA
• Standard American Colony
• Pfister
• Among other.

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Contents:

• Market dynamics
  • Market leader
  • Market restrictions
  • Market opportunities
• Important insights
  • Global market overview
  • Macro and microeconomic indicators
  • Trends in emerging markets
  • Industry SWOT analysis
• Global Pull Out and Pull Down Kitchen Faucets Market Analysis, Insights, and Forecasts, 2015-2026
  • Definitions
  • Main results / summary
  • Market analysis, insights and forecasts – by type
  • Market analysis, insights and forecasts – by material
    • zinc
    • Stainless steel
    • Brass
    • copper
  • Market analysis, insights and forecasts – by flow rate
  • Market analysis, insights and forecasts – by installation type
  • Market analysis, insights and forecasts – by application
    • Commercial / industrial
    • Residential
  • Market analysis, insights and forecasts – by functionality
    • Manually operated
      • Single handle
      • Double handle
    • Contactless
    • Hybrid
  • Market analysis, insights and forecasts – by geography
    • North America
    • Europe
    • Asia Pacific
    • Middle East and Africa
    • Latin America

• Competitive analysis
• Strategic recommendations

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• Delta Faucet, Kohler, and American Standard hold a dominant market share in terms of revenue