Market and Development of Kitchen Faucet

Today, with the increasing popularity of integrated kitchens and integrated bathrooms, kitchen and bathroom products also have their trends in terms of material, function, and design. High-tech, new craftsmanship, and new product concepts are constantly updated, making the kitchen and bathroom not only satisfied with simple functions, but also a direct reflection of the quality of home life. At this point, kitchen faucets and bathroom faucets are extremely important. Next, let us understand the market and development of kitchen faucets. Here are some answers.

Here is the content list:

• Market conditions.

• Development prospect.

Market conditions.

Due to the entry of the kitchen and bathroom equipment and decoration market, electric kitchen faucets and bathroom faucets are no longer seasonal sales products. The 12 months of the year have become the peak sales season. Even if the weather is hot in June and July, due to the decorative needs of the installation market, the total amount of wholesale still makes the kitchen faucet a golden season for sales. The reform of urban residential housing has improved the living environment day by day, the demand for electric hot water taps has increased, and the price of the products is in line with the purchasing power of the vast majority of households. There are more than 500 building materials and sanitary ware specialty stores in each city in the country. If each store sells one unit per month on average, the total sales volume in one year will reach 4.248 million units. Relevant data show that it is expected that in the next 10 years, 33% of households will move into new homes, buy new homes, and buy new ones from old homes, which means that there will be an average of nearly 56,100 opportunities every year.

Development prospect.

The latest research report predicts that the size of my country's kitchen faucet market will double in the next five years, and the share of smart products will increase significantly. The growing urban residents and commercial sector in our country will stimulate the demand for kitchen faucets, and the CAGR of the total industry revenue will expand. The Eastern and Northern regions are the major contributors to the Faucet market. At the same time, the western and southern regions are also expected to show growth, benefiting from the booming industrial sector, and their market share will continue to expand. In addition, the new electric hot water faucet products with miniature size, beautiful appearance, practical functions, environmental protection, and energy saving will become the first choice for household kitchen life in the future.

Our official website is www.zswalnut.com. If you are engaged in a related profession, or are interested in our kitchen faucet products and want to know more product information, please do not hesitate to contact us. We have 20,000 square meters of workshops and warehouses, and we supply products directly from the factory, and there is no agency to earn the middle price difference. We are worthy of your choice. Please rest assured to buy our products, we believe that our high-quality products will make you have the desire to buy back.