Kitchen Sinks Market Size, Share & Trends Analysis Report By Material (Metallic, Granite), By Number of Bowls (Single Bowl, Double Bowls), By Region, And Segment Forecasts, 2019 - 2025

Industry Insights

The global kitchen sinks market size was valued at USD 2.4 billion in 2018 and is expected to witness significant growth in the forecast period. Surge in the number of households in various countries, increasing hotels and restaurants across the globe, and rising disposable income are some of the prominent factors for the growth of this market.

Kitchen sinks are basically used for washing the utensils and hands at the time of cooking as well as post eating. Rising concerns over health have forced majority of the population to cook their healthy food at home. This, in turn, has increased the demand for a well equipped kitchen in various houses. Growing demand for modular kitchen in various apartments and houses has also propelled the growth for this market. Sinks are available in a variety of sizes, shapes, materials, and brands in order to cater to the needs of different group of people using kitchens.

In recent years, desire to make houses more attractive and comfortable has encouraged the growth of various innovative sinks in the market. Advanced features such as spray, soap dispenser, and waste collection system are attracting the interest of the consumers, thereby leading to the growth of the market. For instance, Moen has launched a motion sense touchless faucet for kitchen sinks, which can be turned on just by the wave of your hand or any utensils. This can not only save the wastage of extra water but also help in saving time of opening and closing of faucet all the time.

Growing trend of renovation of old conventional kitchen with all modern equipment and facilities is also fueling the growth of this market. Decrease in the number of average household sizes is demanding the development of more infrastructure in terms of apartments and houses. As per the UN, the world needs to build more than two billion new homes over the next 80 years. Such huge growth in terms of household infrastructure will ultimately increase the need for water sinks during the construction phase, thereby boosting the growth of this market. However, high installation cost associated with the sinks is restraining the growth of this market.

Number of Bowls Insights

The single bowl segment dominated the kitchen sinks market and accounted for the majority of the share. Growing need for a nucleated family across the globe is increasing the demand for the lesser number of bowls in the kitchen sinks for the cleaning and washing purposes. Demand has also increased after the invention of dishwashers as there is no need for separate cabinet in one sink for dirty utensils and clean water for rinsing in the other. Other factors such as space requirement for installations, number of people using kitchen at a time, the way people tend to clean up are also some of the deciding criteria for the installation of kitchen sinks.

Double bowl sinks are mostly preferred by some of the restaurants and corporate offices. Consumers generally fill one bowl with soapy liquid and clean the utensils in the other one, making the cleaning process faster and easier. Considering the fact that double bowl sinks generally take more space, manufactures are coming up with innovative solutions such as double units with one sink smaller or sometimes the smaller sink shallower to accommodate only smaller utensils. The above-mentioned factors are paving the way for the growth of double bowl sinks in the market.

Material Insights

On the basis of material, the kitchen sinks market is further segmented into metallic, granite, and others. Metallic sink is the most preferred material type and it accounted for 52.4% share of the overall revenue in 2018. It is available in various metals such as stainless steel, cast iron, and copper. Stainless steel sink is the most popular one owing to its characteristics such as corrosion resistance, fire and heat resistance, hygiene, strength to weight advantage, ease of fabrication, impact resistance, antibacterial value, and long-term value. Moreover, availability of metallic sinks in a variety of installation types like under mount and top mount is boosting the segment growth.

Due to the scratching property of stainless steel, granite sinks are gaining popularity among consumers. They are the most luxurious and attractive option available in the market. Consumers prefer this if they are looking for some elegant look for their kitchens. Granite sinks are available in various types including 100% marble, 100% granite, granite composite (85% quartz granite 15% resin), and cultured marble (marble dust, stone, and resin). Comparatively, these are expensive than metallic sinks, hence preferred only by rich class consumers. These sinks are also relatively heavier due to which they require special cabinet preparation for safe installation.

Regional Insights

In 2018, Asia Pacific led the market with a share of more than 44.0% and is anticipated to expand at a significant CAGR in the near future. In Asia Pacific, China contributes to the majority of share and is expected to register a CAGR of 4.0% over the forecast period. Demand is increasing in the region due to rise in the number of households. As per the survey, almost more than 450 million houses are registered in China. Luxury lakeside homes and high rise apartments are coming up fast in China, thereby leading to the growth of this market.

Europe is the second largest regional market owing to growing consumer preference for advanced and modern kitchens in the houses. Majority of the population in Europe prefer to have an elegant look for their kitchens, which attracts the installations of various innovative sinks in the houses and hence increase the demand for sinks in the region.  

Kitchen Sinks Market Share Insights

Ruvati USA, Kohler, Zuhne, Frigidaire, Swanstone, Acrysil, AGA, Duravit, Dombracht Kitchen, Roca are some of the major market players in the industry. The market presents moderate to high entry barriers due to presence of leading market players and requirement of high advertising costs. The market is further driven by design and automation of products, mergers and acquisitions, and joint ventures. For instance, Roca has announced an investment of 150 crore INR in the Indian market to strengthen its product portfolio, market channel, and R&D activities. Small to large players are present in the market targeting the specific group of people as per their requirement and need. The market is highly competitive and most of the leading brands have their advantage in the market share.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global kitchen sinks market report on the basis of material, number of bowls, and region:

• Material Outlook (Revenue, USD Billion, 2015 - 2025)

  • Metallic

  • Granite

  • Others

• Number of Bowls Outlook (Revenue, USD Billion, 2015 - 2025)

  • Single Bowl

  • Double Bowl

  • Multi Bowl

• Regional Outlook (Revenue, USD Billion, 2015 - 2025)

  • North America

    •  U.S.

  • Europe

    • Germany

    •  U.K.

  • Asia Pacific

    • China

    •  India

  • CSA

    •  Brazil

  • MEA

    • Turkey