Global Smart Toilets Market by Application (Residential and Commercial), Distribution Channel (Online & Offline) and by Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022-2030
Industry Perspective
Smart Toilets Market size was worth around USD 4.12 billion in 2021 and is predicted to grow around USD 7.87 billion by 2030 with a compound annual growth rate of roughly 8.4% between 2022 and 2030. The report analyzes the market's drivers, restraints/challenges, and their effect on the demands during the projection period.
Market Overview
The smart toilet is a toilet that is technology-enabled providing numerous features such as heated seats, adjustable water pulsating settings, self-cleaning nozzles, and automatic flush, amongst others. Some smart toilets contain voice-activated virtual assistants to provide the perfect environment. These toilets can be connected to smartphone apps that allow users to establish their personal preferences, such as temperature, cleaning pressure, and status of each household member. Consumer demand for convenience hygiene products will continue to drive the worldwide smart toilet market. To improve consumers' bathroom experiences, industry players offer UV illumination, automated flushing, Bluetooth connectivity, and auto-opening seat covers.
Smart toilet sales are predicted to rise due to rising hygiene awareness, especially in developing countries. Developing and underdeveloped countries struggle to keep commercial and household toilets clean. Social campaigns and other activities have raised public awareness and increased demand for smart toilet seats in home and business settings.
Smart toilets are equipped with a variety of characteristics, such as UV bactericidal light nozzles and antibacterial chairs. In addition, a growing preference for bathroom decoration as a component of opulent home decor is increasing the demand for these products. Increasing smart toilet usage in the commercial real estate and hotel industries is a key factor in the product's rising popularity. In the coming years, the increasing popularity of the Internet of Things and voice-controlled equipment on a global scale is anticipated to create new market opportunities.
Key Insights
- As per the analysis shared by our analyst team, the global Smart Toilets market is estimated to grow annually at a CAGR of around 8.4% over the forecast period (2022-2030).
- In terms of revenue, the global Smart Toilets market size was valued at around USD 4.12 billion in 2021 and is projected to reach USD 7.87 billion, by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on application segmentation, the commercial was predicted to show maximum market share in 2021.
- Based on distribution channel segmentation, the offline segment was the leading revenue-generating Application in 2021.
- Based on region, Europe was the leading revenue generator in 2021.
Growing Demand for Smart Toilets Around the Globe to Propel Market Growth
Factors such as the rapid expansion in commercial development activities and the rising demand for smart toilets due to the modern trend of smart houses are expected to generate an exceptional demand for smart toilet seats. In addition, it is anticipated that the rising demand from consumers for convenient sanitary hygiene products will quicken over the projection period.
Moreover, the constant economic progress has boosted the living standards of the customers, which would further accelerate the market growth rate for smart toilets. Moreover, the increasing need for more convenient sanitary products and smart toilets motivates company management teams to adopt this trend.
Rising Adoption of Technologies Enabled Toilets Augmenting the Market Growth
The increasing adoption of smart technologies among residential and commercial applications further opens up new opportunities for the market growth. The smart toilet is equipped with several innovative sensor technologies that permit users to customize every aspect, including UV disinfection, warm water cleansing, hands-free seat closing, ambient lighting, automated flushing, and air freshening. In addition, smart toilets feature noise-masking hardware components such as hair dryers, sprinklers, bottom scrubbers, and synthetic flushing sounds.
Government Initiative for Water Conservation Poses an Opportunity for Market Growth
The implementation of various government initiatives in several nations to raise consumer awareness of the need for water conservation will contribute to the smart toilets market share. As a result of global climate change altering weather and water patterns, the globe is hurtling toward a future with rapidly diminishing water resources. As a result of population growth, increased pollution, and climate change resulting from global warming, many industrialized and developing nations face a severe water shortage. Consequently, there has been an increase in the global demand for water conservation.
Segmentation Analysis
Based on application, the commercial segment dominates the market share owing to a considerable number of upscale pubs, restaurants, hotels, and shopping malls that are deploying smart toilets to provide a better consumer experience with hygienic services. Moreover, the smart toilet is a luxury product that may be installed at high-end commercial locations.
Based on distribution channels, the global market is segmented into online & offline. The offline segment dominates the market share owing to the huge number of consumers choosing to purchase smart products through these channels since they offer the option of physical verification before making a purchase. In addition, other residential and commercial real estate companies are forming relationships with these stores to ensure the continued availability of reduced products.
Recent Development
May 2021- Duravit has introduced a D-Neo rimless toilet with advanced features for customers.
July 2021- Roca launched a smart toilet with an integrated cistern with a new design, materials, and functionality.
February 2019- TOTO India launched its first showroom in Delhi, India. The showroom contains TOTO's high-tech products, including "Neorest" Collections, integrated toilets, a technology display, washlets, washbasins, showers, bathtubs, and public area products.
Europe is Dominating the Market Share Due to the Rising Technological Advancements
Europe will dominate the smart toilets market by 2030 owing to the rising technological advancements and the presence of major players. Rising utilization of modern restroom innovations and increasing investments in smart home is likely to propel the growth of the region. In the future years, rising consumer expenditure on health and hygiene products in the United Kingdom, France, and Germany is anticipated to be a primary driver of industry expansion.
Competitive Landscape
The players contributing to the smart toilets industry are Duravit AG, Kohler Co., Woodbridge, TOTO LTD., The Jaquar Group, LIXIL Corporation (American Standard), Roca Sanitario, S.A, Wellis Sussex, Dyconn Faucet, ICERA, Villeroy & Boch AG, amongst others.
The global smart toilets market is segmented as follows:
By Application
- Residential
- Commercial
By Distribution Channel
- Online
- Offline
By Region
- North America
- The U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Reunion
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Global Smart Toilets Market by Application
- October-2022
- 148
- Global
- retail
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