San Francisco, 30 June 2023: The Report Aging In Bathroom Products Market Size, Share & Trends Analysis Report By Product (Bath Aids, Bath Lifts, Grab Handles & Bars), By Application, By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 – 2030
The global aging in bathroom products market size is expected to reach USD 8.31 billion by 2030, expanding at 6.4% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The ideal aging in bathroom products is essential for ensuring older users’ ease of use, convenience, and maximum safety. Although these products may take some time and money to install; they are often worth the expense. However, several of the most recent bathroom design trends, such as more natural lighting, spacious bathroom seat raisers, commode, and bath handles, are recommendations for making bathrooms safer, more economically sound, and simpler to use.
The Americans with Disabilities Act (ADA) established requirements that must be adhered to in public areas such as malls, shops, public restrooms, theatres, and others. Even new homeowners can make their homes more secure and useful by following the disabilities act ensures safety and convenience for a person with a disability. Houses with bathroom aids offer a more competitive edge and sell quickly as compared to other regular homes.
The bath lifts segment held the largest market share in 2022. This segment is observed to be the spearhead segment, which indicates the product has the largest market share as it generates significant cash flows and has excellent future growth prospects. These are commonly used as bathroom aid that helps a person move freely around a bathtub and the bathroom area. It is a cost-effective alternative to walk-in baths with external help from a caregiver as it provides a non-slip transfer seat and a retractable belt. These aids lower the elderly or disabled individual in the bathtub safely without making the person feel dependent on someone else to take a bath with utmost privacy.
Remodeling residential properties to make living safer for the senior population is a trend that is on the rise and is predicted to continue in the years to come. In January 2020, more than half (53%) of the 1.13 million households residing in public housing were headed by an individual who was 62 years of age or older and/or disabled, according to an article published by the Urban Institute. The market for toilet goods for the older population is predicted to benefit from these demographic trends.
Furthermore, the growing interest of retailers to provide products for older people according to their needs and requirements of safety and convenience is expected to bode well for the market. For instance, Kohler Co. showcases a variety of bathroom products for the elderly such as walk-in-tubs, grab bars & handrails, toilets, and faucets, in its stores so that the consumer can verify the products before buying them.
Access Research Report of Aging In Bathroom Products Market @ https://www.grandviewresearch.com/industry-analysis/aging-bathroom-products-market-report
Aging In Bathroom Products Market Report Highlights
- People with limited mobility have to face many challenges in their daily life and using the bathroom can be one of them. Hence, comfortable and convenient elevation toilets and bathroom aids are often installed during remodeling projects
- The bath chairs & stools segment is expected to witness substantial growth over the forecast period. These products provide support to a person who faces difficulty standing in a shower, such as the elderly population or a person afflicted by an injury
- The commercial segment is expected to witness substantial growth over the forecast period from 2022 to 2030. Government initiatives in developed economies like the U.S. aim to provide advanced and sustainable infrastructure for people with disabilities, including the elderly population, which has been propelling the construction industry
List of Key Players of Aging In Bathroom Products Market
- Vermeiren India Rehab Pvt. Ltd.
- Genteel Homecare Products Co., Ltd.
- IN
- Jianlian Homecare Products Co., Ltd.
- Jinan Hengsheng New Building Materials Co., Ltd.
- YUYAO BEILV SANITARY WARE CO., LTD
- Saamipya
- Old is Gold Store
- IgnoxLabs Pvt Ltd. (Emoha Elder Care)
- Wenzhou Baogeli Sanitary Wares Co.,ltd.
Access Press Release of Aging In Bathroom Products Market @ https://www.grandviewresearch.com/press-release/global-aging-bathroom-products-market
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