India Faucet Market Size (2024 - 2029)

The India Faucet Market is experiencing significant growth, driven by the expanding demand for bathroom hardware and the continuous development of the real estate sector. As one of the leading countries in the global bathroom hardware market, India benefits from a rising need for water supply fixtures, particularly in residential spaces. The increasing accessibility of households and the demand for residential properties in major cities are further propelling the market. Post-pandemic, the rise in disposable income has led to a focus on premium products, enhancing the market's expansion. These factors collectively contribute to India's prominent position as a key market for faucet manufacturers, who are investing in advertising and product sales to capture this growth.

Home Market Analysis Home and Property Improvement Research Bathroom Fittings Research Faucets Research Faucet Industry in India Market Size

Market Size of India Faucet Industry

India Faucet Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 2.19 Billion
Market Size (2029) USD 3.13 Billion
CAGR (2024 - 2029) 7.40 %
Market Concentration Medium

Major Players

India Faucet Market Major Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

India Faucet Market Analysis

The India Faucet Market size is estimated at USD 2.19 billion in 2024, and is expected to reach USD 3.13 billion by 2029, growing at a CAGR of 7.40% during the forecast period (2024-2029).

In the Indian market, demand for bathroom hardware, which comprises faucets as well, is observing continuous growth, creating a positive externality for the sales and demand of faucets. Globally, India exists among the leading five countries for bathroom hardware and faucet market. Continuous expansion of real estate in India is leading to an increase in demand for water supply hardware as well as a rise in sales of faucets by manufacturers and retailers. Among the Indian real estate segment, residential real estate has a significant share in comparison to commercial real estate, resulting in manufacturers designing their products by keeping different segments of customers in consideration.

The share of India's population with access to a household has observed a continuous increase over the years, creating an increase in demand for faucets. Highly populated cities of India are observing a continuous rise in demand for residential spaces and are emerging as spaces for the expansion of faucet sales by manufacturers. Delhi, Mumbai, Kolkata, and Bangalore are among the major Indian markets for the sales of faucets with an expansion of retail stores and franchises of varying brands. Post-COVID-19, the rising disposable income of households led manufacturers to launch premium faucet products as an increasing population is focusing on the looks and design of their kitchens and bathrooms.

These trends are leading to India emerging as a major market for faucet manufacturers, with an increasing expenditure by manufacturers on advertising and expanding their product sales.

India Faucet Industry Segmentation

A faucet is a device usually used for controlling the flow of liquid from a pipe. The most common type of faucet used is the different types of tap used in commercial as well as residential spaces. Rising technological innovations are leading to faucets equipped with sensors making automatic flow of water when in use.

The study gives a brief description of the Indian faucet market and includes details on types of faucets, investments by the manufacturers, and technological, product innovation by the manufacturers.

India's faucet market is segmented by product type, by technology, by installation, by material used, by application, by end-user, and by distribution channel. By product type, the market is segmented into ball, disc, cartridge, and compression. By technology, the market is segmented into manual and automatic. By installation, the market is segmented into deck mount and wall mount. By material, the market is segmented into chrome, stainless steel, brass, Polytetra Methylene Terephthalate (PTMT) Plastic, and other materials. By application, the market is segmented into kitchen faucets, bathroom faucets, and other applications. By end user, the market is segmented into residential and commercial. By distribution channel, the market is segmented into B2C/retail, multi-brand stores, exclusive stores, online, and B2B/Project (architect, interior designers, contractors, etc.).

The report also covers the market sizes and forecast for the Indian faucet market in value (USD) for all the above segments.

By Product Type
Ball
Disc
Cartridge
Compression
By Technology
Manual
Automatic
By Installation Type
Deck Mount
Wall Mount
By Material Type
Chrome
Stainless Steel
Brass
Polytetra Methylene Terephthalate (PTMT) Plastic
Other Material Types
By Application
Kitchen Faucets
Bathroom Faucets
By End User
Residential
Commercial
By Distribution Channel
B2C/Retail
Multi-brand Stores
Exclusive Stores
Online
B2B/Project (architect, interior designers, contractors, etc.)
Need A Different Region Or Segment?
Customize Now

India Faucet Market Size Summary

The India faucet market is experiencing robust growth, driven by the increasing demand for bathroom hardware and the continuous expansion of the real estate sector. As one of the top five countries globally for bathroom hardware, India's market is significantly influenced by the residential real estate segment, which holds a substantial share compared to commercial real estate. This growth is further fueled by the rising population with access to households, particularly in densely populated cities like Delhi, Mumbai, Kolkata, and Bangalore. The post-COVID-19 era has seen a rise in disposable incomes, prompting manufacturers to introduce premium faucet products that cater to the aesthetic preferences of consumers focusing on kitchen and bathroom designs. The market is also witnessing a surge in smart home technologies, with automatic faucets gaining popularity due to their sensor-based features, aligning with the increasing demand for convenience and modernity in both residential and commercial spaces.

The Indian faucet market is characterized by its fragmented nature, with numerous manufacturers striving to enhance their market presence through product and technological innovations. Major cities such as Bangalore, Pune, Hyderabad, and Delhi are emerging as key hubs for residential real estate, attracting both domestic and international players to invest in the market. Government initiatives aimed at providing water access to every household are further boosting the demand for faucets. Prominent industry players like Kohler, Jaquar, Roca, Cera, and Waterman are actively expanding their product lines to capture new market segments. Recent product launches, such as Hindware Limited's innovative faucet ranges and Pearl Precision's sleek bathroom accessories, highlight the industry's focus on integrating technology and design to meet diverse consumer needs.

Explore More

India Faucet Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Construction of Residential and Commercial Space

      2. 1.2.2 Government Policies Favoring Sales of Faucets in the Market

    3. 1.3 Market Restraints

      1. 1.3.1 Highly Competitive Market Affecting Small Faucet Manufacturing Businesses

      2. 1.3.2 Price Fluctuation in Raw Materials Affecting the Manufacturers

    4. 1.4 Market Opportunities

      1. 1.4.1 Technological and Product Innovation Helping towards Expanding Sales

      2. 1.4.2 Rising Expenditure by Households on Premium and Attractive Faucets

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Bargaining Power of Suppliers

      2. 1.5.2 Bargaining Power of Buyers

      3. 1.5.3 Threat of New Entrants

      4. 1.5.4 Threat of Substitutes

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Insights on Key Trends and Technological Innovations in the Market

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product Type

      1. 2.1.1 Ball

      2. 2.1.2 Disc

      3. 2.1.3 Cartridge

      4. 2.1.4 Compression

    2. 2.2 By Technology

      1. 2.2.1 Manual

      2. 2.2.2 Automatic

    3. 2.3 By Installation Type

      1. 2.3.1 Deck Mount

      2. 2.3.2 Wall Mount

    4. 2.4 By Material Type

      1. 2.4.1 Chrome

      2. 2.4.2 Stainless Steel

      3. 2.4.3 Brass

      4. 2.4.4 Polytetra Methylene Terephthalate (PTMT) Plastic

      5. 2.4.5 Other Material Types

    5. 2.5 By Application

      1. 2.5.1 Kitchen Faucets

      2. 2.5.2 Bathroom Faucets

    6. 2.6 By End User

      1. 2.6.1 Residential

      2. 2.6.2 Commercial

    7. 2.7 By Distribution Channel

      1. 2.7.1 B2C/Retail

        1. 2.7.1.1 Multi-brand Stores

        2. 2.7.1.2 Exclusive Stores

        3. 2.7.1.3 Online

      2. 2.7.2 B2B/Project (architect, interior designers, contractors, etc.)

India Faucet Market Size FAQs

The India Faucet Market size is expected to reach USD 2.19 billion in 2024 and grow at a CAGR of 7.40% to reach USD 3.13 billion by 2029.

In 2024, the India Faucet Market size is expected to reach USD 2.19 billion.

India Faucet Market Report Snapshots

India Faucet Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)