Pune, June 10, 2021 (GLOBE NEWSWIRE) — COVID 19 Exacerbated Market Demand
Global Bathroom Vanities Market is expected to witness a ~ 5.6% CAGR during the forecast period. The bathroom vanities market size is expected to be valued at ~USD 13.1 billion by the end of the forecast period.
The bathroom vanities market outlook appears highly positive. The market growth attributes to the increasing installations of bathroom vanities in residential sectors. Besides, the rising demand for iconic style, values, and creative experience in the home category elevates the bathroom vanities market value to new heights. Besides, the rapid growth in the global economy has fostered the demand for lifestyle brands and iconic styles.
Even before COVID-19, access to safe and affordable housing was a priority, and the pandemic has only exacerbated the need further. To make the most of this opportunity, industry players are increasingly collaborating and forming joint ventures with globally recognized personalities and home furnishing experts to leverage their manufacturing expertise and deliver consumer luxury products.
Rising uptake of vanities produced with the high-quality craftsmanship and attention to detail that customers have are major bathroom vanities market trends. Increasing product developments and launches of designer bathroom furnishing collections distinguishing style and values push the bathroom vanities industry. Additionally, the spurring rise in…