Kitchen Sinks Market Size, Share & Trends Analysis Report By Material (Granite, Metallic), By Number Of Bowls (Single Bowl, Double Bowl, Multi Bowl), By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global kitchen sinks market size was valued at USD 3.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2030. The rise in the number of households in various countries, the expansion of hotels and restaurants around the world, and rising consumer disposable income are all contributing to the market’s growth.

With an increasing number of people cooking at home for health and various other reasons, the need for a well-equipped kitchen has skyrocketed. Kitchen sinks fulfill a number of functions and in modular and smart kitchens, they can be especially useful if incorporated with the latest features and technologies. Sinks come in a wide range of sizes, shapes, materials, and brands that are suited for the varied demands and needs of a diverse group of consumers around the world.

In recent years, the desire to make homes more appealing and comfortable has fueled the development of innovative sinks. These sinks can be fitted with advanced features such as sprays, soap dispensers, and trash collection systems, resulting in increased consumer interest. For example, Moen has introduced a motion sensor, touchless faucet for kitchen sinks that can be activated just by waving one’s hand or using any cutlery to do so. This will not only save water but also save time from constantly turning the faucet on and off.

This market is also being fueled by the growing trend of renovating old and traditional kitchens with modern fixtures. The need for more functional spaces in apartments and houses is necessitated by a drop in the average household size. An increasing number of consumers have also been investing in minor as well as major home improvement projects, particularly over the past two years. One of the major factors driving the surge in home and kitchen renovation activities has been the COVID-19 pandemic.

According to the 2021 U.S. Houzz & Home Study, home remodeling projects were up in 2020, with kitchens receiving the most attention. Kitchens became a central space in the home during the pandemic, with more meals being prepared and eaten daily, along with it becoming a new location for work and schooling. Homeowners found the need to better utilize the space, resulting in remodeling projects. When compared to previous years, the median spending on major kitchen remodels grew by 14% in 2020.

Number of Bowls Insights

The single bowl segment led the kitchen sinks market and accounted for a 38.1% share of the global revenue in 2021. The increasing trend of nuclear families across the globe is resulting in the lesser need for multiple bowls in kitchen sinks used for cleaning and washing. Other deciding variables for the installation of kitchen sinks include the amount of space required for installation, the number of people using the kitchen at the same time, and the way people clean up.

The double bowl segment is anticipated to expand at a steady pace from 2022 to 2030. Many hotels, restaurants, and corporate organizations prefer double bowl sinks. In order to make the cleaning process faster and easier, consumers usually fill one bowl with soapy liquid and rinse the utensils in the other. Since double bowl sinks take up more space, manufacturers have been developing novel solutions, such as double units with one sink smaller than the other or one shallow sink to fit smaller utensils.

Material Insights

The metallic segment led the market with a share of over 50.0% in 2021. These sinks come in a variety of metals, like stainless steel, cast iron, and copper. Stainless steel kitchen sinks are the most popular because of the metal’s beneficial properties 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, metallic sinks can be installed in various ways, such as under mount and top mount.

Granite sinks are also gaining popularity among consumers as they are immensely appealing and are perceived as the most opulent alternative to stainless steel currently available. Granite kitchen sinks come in a variety of materials, such as 100% marble, 100% granite, granite composite (85% quartz granite, 15% resin), and cultured marble (marble dust, stone, and resin). These are more expensive than metallic sinks and are also heavier than standard sinks, necessitating extra cabinet preparation for safe installation.

Regional Insights

Asia Pacific is the largest regional market and is also likely to register the highest CAGR of 5.1% over the forecast period. Rapid urbanization in developing countries, combined with rising disposable income, has been propelling home improvement projects. The need for home improvement is also being fueled by an increase in socializing activities, such as house parties and family reunions. The regional market has seen an influx of new designs and kitchen sinks in varying colors, sizes, functions, and finishing.

Europe is also a prominent market for kitchen sinks, closely followed by North America. The growing consumer inclination for innovative and modern kitchens in their homes and the higher spending capacity of these consumers are driving the market in these two regions. In the U.S., home and kitchen remodeling projects have been the most crucial factor fueling the market growth. The demand for kitchen sinks that are not only functional but also stylish and complement the home décor is high among consumers in the country.

Key Companies & Market Share Insights

The market includes both international and domestic participants. Key market players focus on strategies such as innovation and new product launches in retail to enhance their portfolios and positioning in the market.

• In August 2021, Acrysil-to meet the growing demand-announced an increase in its manufacturing capacity by 160,000 quartz sinks per annum through a greenfield facility in Gujarat, India

• In April 2021, Acrysil and IKEA Supply AG (Switzerland) formed a strategic partnership to manufacture and supply composite quartz kitchen sinks for IKEA's global requirement

• In March 2020, Ruvati USA added a new color choice to its epiGranite collection of kitchen sinks. Midas Yellow, the latest color, was inspired by renowned Italian sports automobile, Ferrari

Some prominent players in the global kitchen sinks market include:

• Ruvati USA

• Kohler Co.

• Zuhne

• Frigidaire

• Swanstone

• Acrysil Limited

• AGA

• Duravit AG

• Dornbracht

• Roca

Kitchen Sinks Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global kitchen sinks market report based on material, number of bowls, and region:

• Material Outlook (Revenue, USD Million, 2017 - 2030)
  • Metallic
  • Granite
  • Others
• Number of Bowls Outlook (Revenue, USD Million, 2017 - 2030)
  • Single Bowl
  • Double Bowl
  • Multi Bowl
• Regional Outlook (Revenue, USD Million, 2017 - 2030)
  • North America
    • U.S.
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Turkey