In 2023, France stands as the market leader in the European taps and valves sector, holding a value share of 29.66%, closely followed by the United Kingdom at 25.63%. Poland demonstrates robust growth with a notable 6.1% year-on-year increase. Interestingly, Estonia, despite its smaller market size, shows the highest growth rate at 10.49%. Countries like Finland and Romania are also displaying strong performance with year-on-year increases of over 4%. In contrast, Belgium experienced a decline of 2.56%.
Future trends to watch include:
- Increased demand for eco-friendly and smart fixture solutions, driven by environmental legislation and consumer preferences.
- Expansion of Eastern European markets like Poland and Romania, leveraging industrial growth and urbanization.
- The potential impact of supply chain adjustments due to geopolitical factors and economic policies within the EU.
Top countries in Taps, Cocks, Valves for Sinks, Wash Basins, Bidets, Water Cisterns Bath and Similar Fixtures Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 29.66 | 2023 | +1.89% | +2.36% | View data |
| 2 | 2 United Kingdom | 25.63 | 2023 | +1.26% | +0.73% | View data |
| 3 | 3 Poland | 10.11 | 2023 | +5.71% | +6.1% | View data |
| 4 | 4 Denmark | 5.7 | 2023 | +3.48% | +3.14% | View data |
| 5 | 5 Sweden | 5.28 | 2023 | +2.86% | +2.48% | View data |
| 6 | 6 Finland | 5.22 | 2023 | +5.12% | +5.04% | View data |
| 7 | 7 Austria | 4.43 | 2023 | +3.91% | +3.58% | View data |
| 8 | 8 Romania | 3.81 | 2023 | +5.31% | +4.82% | View data |
| 9 | 9 Portugal | 3.44 | 2023 | +2.46% | +3.9% | View data |
| 10 | 10 Belgium | 3.36 | 2023 | -3.21% | -2.56% | View data |
