A report on the market analysis of Stainless Steel Floor & Shower Drains published by Market Research Report Store shows the forecast from 2019 to 2025 provide insight. The report provides a competitive report, market scenario and the forecast to the clients. According to the report as of 2017, the worldwide revenue of Stainless Steel Floor & Shower Drains was 1294.6 Million US$. The CAGR of Stainless Steel Floor & Shower Drains market from 2017 to 2025 will be 2.35% and the expected revenue will be 1559.5 million US$.
Most of the companies in the industry are small with few large players in the business. The small companies in China imitate the products of large companies and sell them at a lower price. The concertation on Stainless Steel Floor & Shower Drains market is low and the companies have to rely on the product quality for sales. The major companies are continuously developing which can lead to the withdraw of small companies form the business. As of 2017, the key three major companies with large market shares included Geberit, Watts Water Technologies, and Aliaxis.
Traditional Water Seal Floor & Shower Drains has the estimated market volume share of 49.74% in 2017 based on the product type. Household Used Stainless Steel Floor & Shower Drains holds 85.01% of global volume in the year 2017. The Industrial and commercial of the Stainless Steel Floor & Shower Drains is relatively small and the domestic use of it is steadily rising.