Market Trends of India Shower Cubicle Industry
Growing Urbanization is Driving the Market
The increase in urbanization is anticipated to positively influence the demand for convenient bathing options, which in turn will impel the prospects for growth in the market for shower cubicles during the forecast period. The growing demand for homes in urban areas and mixed-use buildings is also driving the demand for shower cubicles. Also, rapid urbanization is leading to increased rural-to-urban migration which is anticipated to drive the construction of new houses in urban areas, thus spurring the demand for shower cubicles. Because of surging urbanization, the number of people investing in infrastructures including residential, commercial, and industrial setups has increased. The development of infrastructure is sure to increase the demand for shower cubicles.
Residential Application is Dominating the Market
The residential segment is projected to witness significant growth rate over the forecast period. The rising economic growth and the increasing employment will increase the demand for housing in the residential segment. Additionally, population growth, rapid urbanization, economic growth, and the rising per capita income will trigger the growth of the residential construction activities. This will consequently fuel the growth of the shower cubicles market.
