Bathroom Cabinets Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

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Report Overview

The global bathroom cabinets products market was valued at USD 11.5 billion in 2021 and is projected to reach USD 21 billion by 2030, growing at a CAGR of 6.4% during the forecast period. Bathroom cabinets provide storage solutions for essential items such as toiletries, medicines, and other small items. The growing demand for convenience and luxury from consumers has increased the demand for bathroom cabinetry. Bathroom cabinets are available in a variety of sizes, materials, and styles, with customizations available to suit the taste of the consumer.

The bathroom cabinetry market has witnessed a surge in demand due to the increasing trend of home décor and renovation activities. The growing trend of minimalistic designs in bathrooms is further driving the demand for bathroom cabinets. Moreover, the growing preference for smart solutions is expected to drive the demand for bathroom cabinets. Manufacturers are focusing on the incorporation of modern technologies such as Bluetooth connectivity, voice command, and facial recognition in bathroom cabinets.

In addition, the increasing preference for personalized solutions is driving the growth of the market. The introduction of various customization options such as color, material, size, and design is providing an opportunity for the manufacturers to expand their customer base. Furthermore, the introduction of new materials such as bamboo and recycled wood is further driving the growth of the market. The increasing focus on sustainability is expected to propel the demand for eco-friendly bathroom cabinets.

The market is further driven by the increasing focus on innovative product launches. Manufacturers are focusing on the introduction of advanced features in bathroom cabinets. For instance, in October 2021, Blum introduced a new bathroom cabinet that comes with a built-in charging feature. The cabinet has a USB charging socket embedded in the door, allowing users to charge devices with ease.

The rising demand for ready-to-assemble cabinets is further driving the growth of the market. These cabinets are easy to install and require minimal maintenance, which is boosting the market growth. Furthermore, the increasing number of smart homes is also driving the demand for bathroom cabinets. Manufacturers are focusing on the introduction of cabinets with smart features such as voice recognition and facial recognition. Thus, the increasing demand for bathroom cabinets with advanced features is expected to drive the market growth during the forecast period.

Product Insights

The wall cabinet segment dominates the overall bathroom cabinet market, accounting for a market share of around 38.2% in 2020. Wall cabinets offer ample storage space and are available in a range of sizes, style, and color options. They are also easy to install and are available at a relatively lower price compared to other cabinet types. Furthermore, these cabinets are generally mounted on the wall and can be used in bathrooms where space is a constraint.

The base cabinet segment is expected to expand at the fastest CAGR of 5.4% over the forecast period. Base cabinets are generally installed beneath the countertop and offer ample storage space. These cabinets are available in a range of sizes and color options. Furthermore, they are easy to install and provide an elegant look to the bathroom. Additionally, they are widely used in bathrooms with limited floor space as they can be mounted on the wall.

Distribution Channel Insights

The offline segment accounted for the major share in the global bathroom cabinets market in 2020. The growth of the segment is mainly attributed to the presence of a large number of bathroom cabinets offline retailers such as specialty stores, furniture stores, and home improvement stores. These stores provide customers with a broad range of products and enable them to compare the quality and price of bathroom cabinets from various brands. Moreover, these stores also offer a wide range of customization options as per the requirements of the customers.

The online segment is anticipated to expand at the highest CAGR of 11.2% over the forecast period. The growing number of e-commerce websites and rising internet penetration are driving the growth of the online segment. The increasing number of e-commerce players, such as Amazon, Walmart, and Home Depot, are offering numerous bathroom cabinets products with discounts and offers. Moreover, these players are also promoting the sale of bathroom cabinets through social media platforms, which is further driving the growth of the online segment.

Type Insights

The stock cabinets segment accounted for the largest revenue share of 44.2% in the year 2022. The high demand for stock cabinets is attributed to their affordability and easy installation. Stock cabinets are ready-made, mass-produced cabinets that are available in a variety of sizes and shapes. They are also available in a variety of finishes such as paint, stain, and glazing. This makes them highly suitable for use in bathrooms and other areas. Moreover, the availability of stock cabinets in various materials such as wood, laminate, metal, and glass is further driving their demand.

The custom cabinets segment is projected to register the highest CAGR of 10.3% over the forecast period. Custom cabinets are made to order according to the specifications of the customer. Custom cabinets are very popular in luxury homes and in the remodeling of bathrooms. They are available in a variety of materials, sizes, finishes, and styles. Furthermore, customized cabinets offer more storage space and a higher degree of personalization. This makes them highly attractive to customers and has significantly driven the growth of the segment.

Regional Insights

Asia Pacific is expected to dominate the market and account for the largest revenue share in the forecast period. Increasing urbanization, especially in countries such as China, India, and Japan, will drive the demand for bathroom cabinets in the region. The growing trend of multi-generational living and rising disposable incomes are also expected to propel the market in the region. For instance, in December 2021, the sales of bathroom cabinets in Japan increased by 8.2% year-on-year.

North America is expected to witness significant growth in the following years. Increasing demand for high-end bathroom furniture in the region is expected to drive the market. The presence of prominent players, such as Wayfair and Home Depot, is further expected to fuel the growth of the region. Moreover, the rising demand for smart and connected bathroom furniture is expected to drive the market growth in the region. For instance, in April 2021, Wayfair launched its e-commerce platform in Canada.

Financial Projections

In this part of the bathroom cabinets products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your bathroom cabinets products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions

The main source of revenues for a bathroom cabinets products business comes from direct sales to customers, wholesale/retail partnerships, and online sales. Here you will find a list with a description of each of them and other possible sources of profit such as advertising and sponsored content.

Projecting Expenses

In this section, all the regular expenses related to keeping the bathroom cabinets products business running will be described. The list of operating expenses includes materials and supplies, rent, wages, insurance policies, advertising, shipping and handling, and others.

Key companies & market share insights

Some of the key companies operating in the bathroom cabinets market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In April 2022, Mill’s Pride launched a new range of bathroom cabinets with several storage configurations.

– In June 2022, Roper Rhodes launched the Infinity range of bathroom cabinets with a choice of several colors and styles.

– In August 2022, KubeBath launched the Modena range of bathroom cabinets with a selection of finishes and sizes.

Some of the prominent players in the bathroom cabinets market include:

– Mill’s Pride
– Roper Rhodes
– KubeBath
– Hettich
– Duravit
– Hansgrohe
– Moen
– Kohler
– Grohe
– American Standard

Global Bathroom Cabinets Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global bathroom cabinets products market based on material type, product type, distribution channel, and region:

1. Material Type Outlook (Revenue, USD Million, 2017 – 2030)

– Wood
– Metal
– Others

2. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Wall Mounted Cabinets
– Floor Standing Cabinets
– Mirror Cabinets
– Others

3. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

[Q]: What Factors are Boosting the Demand for Bathroom Cabinets?
[A]: Increased consumer preference for modular and custom-made bathroom cabinets is driving the growth of the bathroom cabinets market. The growing demand for smaller-sized functional bathroom cabinets and the changing consumer lifestyle and preferences for bathroom furniture are other factors influencing the growth of the market. Additionally, the increasing number of residential projects and the rising disposable income of individuals are some of the key factors contributing to the growth of the market.

[Q]: Who are the Key Players in the Bathroom Cabinets Market?
[A]: Key players in the global bathroom cabinets market include Masco Corporation, Kohler Co., RAK Ceramics, American Standard Brands, Hettich Group, Fortune Brands Home & Security, Inc., Scavolini, Duravit AG, Heritage Bathrooms, and Jaquar Group.

[Q]: What is the Potential of the Bathroom Cabinets Market?
[A]: The global bathroom cabinets market size is expected to reach USD 74.20 billion by 2026, exhibiting a CAGR of 4.1%. Increasing demand for modular and custom-made bathroom cabinets is expected to drive the growth of the market during the forecast period.

[Q]: What are the Factors Restraining the Growth of the Market?
[A]: High cost of bathroom cabinets due to the use of premium quality materials and increasing competition among the existing players in the market are some of the major factors restraining the growth of the market. Additionally, the need for skilled labor and the availability of cheaper substitutes are some of the other factors restraining the growth of the market.

[Q]: What is the Regional Outlook for the Bathroom Cabinets Market?
[A]: The Asia Pacific is expected to be the largest regional market for bathroom cabinets, owing to the increasing population, rising disposable income, and growing urbanization in the region. Additionally, the growing demand for bathroom cabinets in countries such as China, India, and Japan is expected to further drive the market growth in the region.

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Bathroom Cabinets Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

Report Overview

The global bathroom cabinets products market was valued at USD 11.5 billion in 2021 and is projected to reach USD 21 billion by 2030, growing at a CAGR of 6.4% during the forecast period. Bathroom cabinets provide storage solutions for essential items such as toiletries, medicines, and other small items. The growing demand for convenience and luxury from consumers has increased the demand for bathroom cabinetry. Bathroom cabinets are available in a variety of sizes, materials, and styles, with customizations available to suit the taste of the consumer.

The bathroom cabinetry market has witnessed a surge in demand due to the increasing trend of home décor and renovation activities. The growing trend of minimalistic designs in bathrooms is further driving the demand for bathroom cabinets. Moreover, the growing preference for smart solutions is expected to drive the demand for bathroom cabinets. Manufacturers are focusing on the incorporation of modern technologies such as Bluetooth connectivity, voice command, and facial recognition in bathroom cabinets.

In addition, the increasing preference for personalized solutions is driving the growth of the market. The introduction of various customization options such as color, material, size, and design is providing an opportunity for the manufacturers to expand their customer base. Furthermore, the introduction of new materials such as bamboo and recycled wood is further driving the growth of the market. The increasing focus on sustainability is expected to propel the demand for eco-friendly bathroom cabinets.

The market is further driven by the increasing focus on innovative product launches. Manufacturers are focusing on the introduction of advanced features in bathroom cabinets. For instance, in October 2021, Blum introduced a new bathroom cabinet that comes with a built-in charging feature. The cabinet has a USB charging socket embedded in the door, allowing users to charge devices with ease.

The rising demand for ready-to-assemble cabinets is further driving the growth of the market. These cabinets are easy to install and require minimal maintenance, which is boosting the market growth. Furthermore, the increasing number of smart homes is also driving the demand for bathroom cabinets. Manufacturers are focusing on the introduction of cabinets with smart features such as voice recognition and facial recognition. Thus, the increasing demand for bathroom cabinets with advanced features is expected to drive the market growth during the forecast period.

Product Insights

The wall cabinet segment dominates the overall bathroom cabinet market, accounting for a market share of around 38.2% in 2020. Wall cabinets offer ample storage space and are available in a range of sizes, style, and color options. They are also easy to install and are available at a relatively lower price compared to other cabinet types. Furthermore, these cabinets are generally mounted on the wall and can be used in bathrooms where space is a constraint.

The base cabinet segment is expected to expand at the fastest CAGR of 5.4% over the forecast period. Base cabinets are generally installed beneath the countertop and offer ample storage space. These cabinets are available in a range of sizes and color options. Furthermore, they are easy to install and provide an elegant look to the bathroom. Additionally, they are widely used in bathrooms with limited floor space as they can be mounted on the wall.

Distribution Channel Insights

The offline segment accounted for the major share in the global bathroom cabinets market in 2020. The growth of the segment is mainly attributed to the presence of a large number of bathroom cabinets offline retailers such as specialty stores, furniture stores, and home improvement stores. These stores provide customers with a broad range of products and enable them to compare the quality and price of bathroom cabinets from various brands. Moreover, these stores also offer a wide range of customization options as per the requirements of the customers.

The online segment is anticipated to expand at the highest CAGR of 11.2% over the forecast period. The growing number of e-commerce websites and rising internet penetration are driving the growth of the online segment. The increasing number of e-commerce players, such as Amazon, Walmart, and Home Depot, are offering numerous bathroom cabinets products with discounts and offers. Moreover, these players are also promoting the sale of bathroom cabinets through social media platforms, which is further driving the growth of the online segment.

Type Insights

The stock cabinets segment accounted for the largest revenue share of 44.2% in the year 2022. The high demand for stock cabinets is attributed to their affordability and easy installation. Stock cabinets are ready-made, mass-produced cabinets that are available in a variety of sizes and shapes. They are also available in a variety of finishes such as paint, stain, and glazing. This makes them highly suitable for use in bathrooms and other areas. Moreover, the availability of stock cabinets in various materials such as wood, laminate, metal, and glass is further driving their demand.

The custom cabinets segment is projected to register the highest CAGR of 10.3% over the forecast period. Custom cabinets are made to order according to the specifications of the customer. Custom cabinets are very popular in luxury homes and in the remodeling of bathrooms. They are available in a variety of materials, sizes, finishes, and styles. Furthermore, customized cabinets offer more storage space and a higher degree of personalization. This makes them highly attractive to customers and has significantly driven the growth of the segment.

Regional Insights

Asia Pacific is expected to dominate the market and account for the largest revenue share in the forecast period. Increasing urbanization, especially in countries such as China, India, and Japan, will drive the demand for bathroom cabinets in the region. The growing trend of multi-generational living and rising disposable incomes are also expected to propel the market in the region. For instance, in December 2021, the sales of bathroom cabinets in Japan increased by 8.2% year-on-year.

North America is expected to witness significant growth in the following years. Increasing demand for high-end bathroom furniture in the region is expected to drive the market. The presence of prominent players, such as Wayfair and Home Depot, is further expected to fuel the growth of the region. Moreover, the rising demand for smart and connected bathroom furniture is expected to drive the market growth in the region. For instance, in April 2021, Wayfair launched its e-commerce platform in Canada.

Financial Projections

In this part of the bathroom cabinets products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your bathroom cabinets products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions

The main source of revenues for a bathroom cabinets products business comes from direct sales to customers, wholesale/retail partnerships, and online sales. Here you will find a list with a description of each of them and other possible sources of profit such as advertising and sponsored content.

Projecting Expenses

In this section, all the regular expenses related to keeping the bathroom cabinets products business running will be described. The list of operating expenses includes materials and supplies, rent, wages, insurance policies, advertising, shipping and handling, and others.

Key companies & market share insights

Some of the key companies operating in the bathroom cabinets market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In April 2022, Mill’s Pride launched a new range of bathroom cabinets with several storage configurations.

– In June 2022, Roper Rhodes launched the Infinity range of bathroom cabinets with a choice of several colors and styles.

– In August 2022, KubeBath launched the Modena range of bathroom cabinets with a selection of finishes and sizes.

Some of the prominent players in the bathroom cabinets market include:

– Mill’s Pride
– Roper Rhodes
– KubeBath
– Hettich
– Duravit
– Hansgrohe
– Moen
– Kohler
– Grohe
– American Standard

Global Bathroom Cabinets Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global bathroom cabinets products market based on material type, product type, distribution channel, and region:

1. Material Type Outlook (Revenue, USD Million, 2017 – 2030)

– Wood
– Metal
– Others

2. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Wall Mounted Cabinets
– Floor Standing Cabinets
– Mirror Cabinets
– Others

3. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

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