Global Water Sink Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Water Sink Market 2021 (Includes Business Impact of COVID-19)
Global Water Sink Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global water sink market report has been segmented as per base material type, product type, application, sales channel, and region.
Request Covid - 19 Impact
The global Water Sink market size was valued at USD$ 42.44 billion in 2020 and is projected to reach USD $ 54.58 billion by 2030, and is anticipated to expand at a CAGR of 2.60% over the forecast period from 2020 to 2030.


Global Water Sink Market: Overview


Water sink is a necessary accessory or part of any bathroom and kitchen. It is also known as wash basin or washbowl. The water sinks are made-up from various materials such as stainless steel, ceramic, and artificial stone. These sinks are available with advanced technology and in different size and shapes. For example, water sink with AER-DEC integrated system.


Global Water Sink Market: Dynamics


Increasing per capita income in emerging countries and rising preference for monochrome style water sinks in commercial and residential sectors are major factors expected to fuel growth of the global market over the forecast period. In addition, growing trend towards aesthetic appeal in the house and rising preference towards the nature based interior designs among individuals across the globe are key factors driving growth of the target market.

Rising awareness about various type of water sinks such as wall mount water sinks, under mount water sinks, top-mount water sinks, and drop-in water sinks is resulting in increased demand for water sinks. This is another key factor expected to boost growth of the global market. Also, increasing awareness about smart sinks along with their additional features such as liquid soap dispensing and hand drying is another major factor expected to propel growth of the global water sink market over the forecast period.

Furthermore, growing cognizance level about AER-DEC integrated sink system which is largely used in the commercial sector such as, in SPA, Salon, hotels, and restaurants is other key factors expected to proliferate growth of the global market in the next 10 years.

However, rising occurrence of failures and complication associated with the installation of technologically modern water sinks and high cost associated advanced water sink are key factors expected to restraint growth of the global market to a certain extent.


Global Water Sink Market: Segment Analysis


Among base material type, the ceramic water sink segment is expected to account for significant share in the global water sink market, owing to rising demand for pleasant look ceramic water sink having different shapes and quality.

Increasing preference shift towards advanced water sink in commercial sector owing to various advanced features of these sinks is a primary factor driving revenue growth of the commercial segment among application segment.


Global Water Sink Market: Region Analysis


The market in Asia Pacific is account for highest revenue share and is expected to dominate the target market over the forecast period. This is associated with rapid urbanization, increasing demand for various types of wash basin such as top-mount, pedestal, wall mount wash basin, and monochrome style kitchen and bathrooms in various countries such as China, India, and Japan in the region. Market in North America is expected to register a moderate growth in the global market followed by market in Europe, owing to growing e-commerce sector, rising inclination towards smart sinks among individuals, and high disposable income in countries in these regions.


Below are the active patents related to Water Sink Market.


Patent Number: US9689152B2

Seamless undermount stainless steel sink system

Abstract

A seamless undermount stainless steel sink system includes a solid countertop constructed of granite, marble, quartz stone, quartzite, porcelain, glass, engineered stone, multi-layered and/or composite materials, and having a sink mounting aperture defining an inner periphery disposed therethrough. The system also includes a stainless steel sink having a sidewall with a rimless upper edge defining an outer periphery therearound. A mounting assembly is attached to a portion of the stainless steel sink at a predetermined mounting depth below the rimless upper edge, and an interface is formed between the stainless steel sink and the solid countertop. A sealing assembly is disposed in the interface between the rimless upper edge of the stainless steel sink and the solid countertop to prevent water, food, or other debris from getting in between the stainless steel sink and the solid countertop.

Application File Date: 2015-08-19

Application Granted Date: 2017-06-27

Current Assignee: Ukinoxusa Kitchen Systems Inc

Patent Number: EP2839921A1

A method of manufacturing a sink of stainless steel

Abstract

The invention relates to a method of manufacturing a sink of stainless steel, said sink comprising a bottom section, said bottom section having
a first side facing the lumen of the sink,
a second side opposite of the first side and facing away from the lumen; and
a sink hole with an integrated strainer.
According to the invention, a hole is provided in a bottom section, the edge of the hole is bent away from the lumen to form a stub, and a strainer is welded to the edge of the stub. Then the area of the weld inside the recess is subjected to a mechanical surface treatment reducing the visibility of the weld.

Application File Date: 2014-08-20

Application Granted Date: 2016-05-18

Current Assignee: CARESSI B.V.

Patent Number: US8661577B2

Undermount sink, mounting structure, and method of attachment

Abstract

An undermount sink that can be integrally mounted to a laminate or solid surface countertop. The undermount sink has a novel mounting structure to accomplish mounting to a laminate countertop. A mounting flange is attached to an outer perimeter of the undermount sink bowl, and is reinforced by way of a mounting flange support within the mounting flange that is mechanically fastened to the upper outer perimeter of the undermount sink bowl.

Application File Date: 2007-12-08

Application Granted Date: 2014-03-04

Inventor: Chad Michael Cusimano

Global Water Sink Market Segmentation:

Segmentation by base material type:

  
Ceramic Water Sinks
  
Stainless Steel Water Sinks
  
Artificial Stone Water Sinks

Segmentation by product type:

  
Pedestal
  
Drop-In
  
Top-Mount
  
Under Mount
  
Wall Mount

Segmentation by application:

  
Commercial
  
Residential

Segmentation by sales channel:

  
Multi-Brand Store
  
Specialty Store
  
E-commerce


Key Market Players included in the report:


  
America Standard
  
Artisan Manufacturing
  
Blanco
  
Bristan Group Limited
  
Crown Products (Kent) Ltd.
  
Duravit AG
  
Elkay Manufacturing Company
  
Franke Holding AG
  
Franke Kitchen Systems
  
Huida Sanitary Ware Co.Ltd.
  
JOMOO
  
JULIEN INC.
  
Just Manufacturing
  
Kohler Co. (Sterling)
  
Kraus USA
  
LIXIL Corporation (American Standard Brand)
  
Moen Incorporated
  
Mountain Plumbing Products
  
Oliveri Solutions
  
Oulin
  
Primy
  
Roca Sanitario S.A
  
ROHL LLC
  
Ruvati
  
Schock GmbH
  
SCI
  
Sonata
  
Stern-Williams
  
Teka
  
THE LONDON BASIN COMPANY
  
Vigo Industries
  
WHITEHAUS COLLECTION
  
Zuhnë


Below are the key development related to Water Sink Market in 2020 and 2021.


December 2020: Delta Faucet Company Announces Signing of Definitive Agreement to Acquire Kraus. Delta Faucet Company, a division of Masco Corporation (NYSE: MAS), and one of the leading U.S. manufacturers of residential and commercial faucets, announced the signing of a definitive agreement for Masco Corporation to acquire the assets of Kraus, an online plumbing fixture company focused on delivering modern, high-quality sinks, faucets, and related products. Source

January 2020: Zurn Acquires Just Manufacturing. Zurn Industries, LLC announces its acquisition of the assets of Just Manufacturing, a high-quality manufacturer of stainless-steel designer and engineered sinks, commercial faucets, and accessories. Just Manufacturing is a third-generation family-owned business with 135 employees and operates out of a 175,000 square foot facility in Franklin, Park, IL. The addition of Just Manufacturing positions Zurn as a leading provider of designer and engineered stainless-steel sinks for commercial and industrial applications. Source