Global Kitchen Sinks Market By Number of Bowls (Single Bowl, Double Bowl, Multi Bowl), By Material (Metallic, Granite, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Kitchen Sinks Market Overview:

The global kitchen sinks market was worth USD 2,985 million in 2021. It is projected to grow at a compound annual rate (CAGR) of 4.8% between 2023 and 2032.

Market growth is attributed to rising disposable income, increasing household numbers, expansion of restaurants and hotels around the globe, and an increase in households.

Global Kitchen Sinks Market Scope:

Number of Bowls Analysis

In 2021, the single-bowl segment dominated the market for kitchen sinks and was responsible for 37.1% of global revenue. There is less need to use multiple bowls for washing and cleaning kitchen sinks due to the increasing number of nuclear families around the world. The space needed for installation, the number, and type of people who use the kitchen, as well as the method of cleaning, are all important factors.

Double bowl sales are expected to grow at a steady rate between 2023 and 2032. Double-bowl sinks are preferred by many restaurants, hotels, and corporate companies. To make cleaning faster and more efficient, customers fill one bowl with soapy water and then rinse off the utensils in another. Double bowl sinks take up more space so manufacturers have come up with innovative solutions like double sinks that are smaller than the others or shallower sinks to accommodate smaller utensils.

Material Analysis

With a market share of more than 51.0% in 2021, the metallic segment led. You can find these sinks in many metals like stainless Steel, cast Iron, and copper. The most popular stainless steel kitchen sinks are because of their many benefits, including corrosion resistance, fire resistance, heat resistance, hygiene, and strength to weight advantage. They also have antibacterial and long-term value. You can also install metallic sinks in different ways such as top and under mount.

Granite sinks are becoming more popular because of their beauty and superior quality to stainless steel. Granite kitchen sinks can be made from various materials such as 100% marble or granite, 100% granite composite (85% granite, 15% resin), cultured marble (marble, stone, and resin), and more. These are costlier than metallic sinks. Additionally, they are heavier than standard kitchen sinks. For safe installation, additional cabinet preparation is necessary.

Key Market Segments

By Number of Bowls

• Single Bowl
• Double Bowl
• Multi Bowl

By Material

• Metallic
• Granite
• Others

Market Dynamics:

This market is being driven by the increasing popularity of modernizing old, traditional kitchens. A decrease in household sizes has led to a need for functional space in houses and apartments. In the last two years, a growing number of homeowners have been investing in both minor and major home improvements. The COVID-19 pandemic is a major factor in the rise in kitchen and home renovations.

The demand for a fully-equipped kitchen has increased with the increasing use of home cooking for health reasons and other reasons. The kitchen sink serves many purposes and can be particularly useful in smart and modular kitchens. Sinks come in many shapes, sizes, materials, and brands to suit the needs of diverse consumers all over the globe.

The desire to make homes more attractive and comfortable has led to the creation of innovative sinks in recent years. These sinks can come with advanced features, such as soap dispensers, sprays, and trash collection. This increases consumer interest. Moen’s motion sensor kitchen faucet can be activated by just waving one’s hand or using any cutlery. This will not only help save water, but it also makes it easier to switch the faucet off and on.

Regional Analysis

The Asia Pacific is the largest regional market accounting for a 35% share of the global revenue. It is also expected to record the highest CAGR at 6.1% during the forecast period. Home improvement projects have been fueled by rapid urbanization in the developing world and rising disposable income.

The rise in socializing activities such as family reunions and house parties is fueling the need for home improvements. There has been an increase in the number of kitchen sink designs available on the regional market. They come in many sizes, colors, finishes, and colors.

North America is closely followed by Europe as a major market for kitchen sinks. These two markets are driven by the growing desire of consumers to have modern and innovative kitchens in their homes, as well as the greater spending power of these customers. The market’s growth has been driven by the remodeling of kitchens and homes in the United States. In the United States, there is a high demand for kitchen sinks that not only function but also look great and match the decor of the home.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

This market is open to both domestic and international players. To increase their market position and portfolios, key market players concentrate on strategies like innovation and new product launches in retail. To satisfy the rising demand, Acrysil stated in August 2021 that it will boost its manufacturing capacity by 160,000 quartz sinks annually with the construction of a new facility in Gujarat, India.

Acrysil and IKEA Distribute AG (Switzerland) entered into a strategic collaboration in April 2021 to produce and supply composite quartz kitchen sinks to meet IKEA’s international demand.

Маrkеt Кеу Рlауеrѕ:

• Ruvati USA
• Kohler Co.
• Duravit AG
• Zuhne
• Frigidaire
• Swanstone
• Acrysil Limited
• AGA
• Other Key Players

For the Kitchen Sinks Market research study, the following years have been considered to estimate the market size: