France Smart Bathroom Market Size & Outlook, 2022-2030
The smart bathroom market in France is expected to reach a projected revenue of US$ 388.0 million by 2030. A compound annual growth rate of 11.9% is expected of France smart bathroom market from 2023 to 2030.
In terms of revenue, France accounted for 2.1% of the smart bathroom market in 2022.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, UK smart bathroom market is projected to lead the regional market in terms of revenue in 2030.
UK is the fastest growing regional market in Europe and is projected to reach USD 1,233.8 million by 2030.
The growing trend of home improvement in France is accelerating the market growth. Moreover, in 2021, the French government launched a scheme called ‘Ma Prime Renov.’ It is generally for derelict properties; however, those in good condition may still be eligible for grant assistance, particularly with regard to energy conservation works.
The bathroom is a perfect examples of room that can meet the necessary criteria. This initiative is accelerating the demand for the smart bathrooms market. The increasing construction of new hotels, and the subsequent rise in the number of rooms, will drive the demand for bathroom products such as plumbing fixtures and showers.
For instance, according to the Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), as of November 2022, at the end of the third quarter, hotel construction pipeline stands at 148 projects/16,611 rooms in France. Moreover, in Paris, hotel construction pipeline stands at 34 projects/5,379 rooms. This implies the growth of the commercial application segment in the country.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Smart Bathroom Market Outlook will help companies and investors design strategic landscapes.
Smart Toilet was the largest segment with a revenue share of 36.41% in 2022.
Horizon Databook has segmented the France smart bathroom market based on smart toilet, smart soap dispenser, smart faucets, smart showers, smart bathroom mirrors, smart bathtubs covering the revenue growth of each sub-segment from 2018 to 2030.
The growing trend of home improvement in France is accelerating the market growth. Moreover, in 2021, the French government launched a scheme called ‘Ma Prime Renov.’ It is generally for derelict properties; however, those in good condition may still be eligible for grant assistance, particularly with regard to energy conservation works.
The bathroom is a perfect examples of room that can meet the necessary criteria. This initiative is accelerating the demand for the smart bathrooms market. The increasing construction of new hotels, and the subsequent rise in the number of rooms, will drive the demand for bathroom products such as plumbing fixtures and showers.
For instance, according to the Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), as of November 2022, at the end of the third quarter, hotel construction pipeline stands at 148 projects/16,611 rooms in France. Moreover, in Paris, hotel construction pipeline stands at 34 projects/5,379 rooms. This implies the growth of the commercial application segment in the country.
France Smart Bathroom Market Product Outlook (Revenue, USD Million , 2018-2030)
Smart Toilet
Smart Soap Dispenser
Smart Faucets
Smart Showers
Smart Bathroom Mirrors
Smart Bathtubs
Others
France Smart Bathroom Market Application Outlook (Revenue, USD Million , 2018-2030)
Residential
Commercial
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Horizon Databook provides a detailed overview of country-level data and insights on the France smart bathrooms market, including forecasts for subscribers. This country databook contains high-level insights into France smart bathrooms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.