The smart bathroom market in the UK is expected to reach a projected revenue of US$ 1,233.8 million by 2030. A compound annual growth rate of 12.3% is expected of the UK smart bathroom market from 2023 to 2030.
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 renovation in the U.K. is accelerating the smart bathroom market growth. In addition, homeowners have been investing in lifestyle-enhancing projects as against merely necessary maintenance activities.
For instance, according to the 2022 UK Houzz & Home Renovation Trends Study, home renovation activity is at the highest rates reported since 2018. More than 53% of homeowners renovated in 2021, which increased by 4% from 49% in 2020. Furthermore, more than 21% of homeowners renovated their bathrooms in 2021. This is expected to drive market growth over the forecast period.
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 35.24% in 2022.
Horizon Databook has segmented the U.K. 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 renovation in the U.K. is accelerating the smart bathroom market growth. In addition, homeowners have been investing in lifestyle-enhancing projects as against merely necessary maintenance activities.
For instance, according to the 2022 UK Houzz & Home Renovation Trends Study, home renovation activity is at the highest rates reported since 2018. More than 53% of homeowners renovated in 2021, which increased by 4% from 49% in 2020. Furthermore, more than 21% of homeowners renovated their bathrooms in 2021. This is expected to drive market growth over the forecast period.
U.K. 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
U.K. 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 U.K. smart bathrooms market, including forecasts for subscribers. This country databook contains high-level insights into U.K. smart bathrooms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.