Latin America Smart Bathtubs Market Size & Outlook
The smart bathtubs market in Latin America is expected to reach a projected revenue of US$ 3.0 million by 2030. A compound annual growth rate of 8.8% is expected of Latin America smart bathtubs market from 2023 to 2030.
Revenue, 2022 (US$M)
$1.5
Forecast, 2030 (US$M)
$3.0
CAGR, 2023 - 2030
8.8%
Report Coverage
Latin America
Latin America smart bathtubs market, 2018-2030 (US$M)
Related Markets
Latin America smart bathtubs market highlights
- The Latin America smart bathtubs market generated a revenue of USD 1.5 million in 2022.
- The market is expected to grow at a CAGR of 8.8% from 2023 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1.5 million |
| Market revenue in 2030 | USD 3.0 million |
| Growth rate | 8.8% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Offline, Online |
| Key market players worldwide | Kohler, TOTO Ltd, LIXIL Corp, Duravit, Masco Corp, Villeroy & Boch AG Vorz-Inhaber-Akt stimmrechtslos, Jacuzzi Brands, Roca, American Bath Group, BainUltra |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.4% of the global smart bathtubs market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 99.9 million by 2030.
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Smart Bathtubs Market Scope
Smart bathtubs market segmentation & scope
Smart Bathtubs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America smart bathtubs market size, by country, 2018-2030 (US$M)
Latin America Smart Bathtubs Market Outlook Share, 2022 & 2030 (US$M)
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