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NEW YORK , June 30, 2022 /PRNewswire/ -- The growing global residential building construction market is one of the key drivers supporting the Kitchen Sinks Market growth. The global residential building construction market is expected to reach $7 trillion by 2023. APAC is the major contributor to the global residential building construction market due to rising urbanization and growing disposable income. As houses are considered long-term assets, people started investing in them to secure the future. Significantly, house owners can rent the house as rent is a non-detectible expense. This, in turn, will drive the kitchen sinks market growth during the forecast period. The market share is expected to increase by USD 533.96 million from 2021 to 2026, with an accelerated CAGR of 3.37%- according to the recent market study by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.

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The kitchen sinks market report offers information on several market vendors, including Acrysil Ltd., BLANCO GmbH and Co. KG, Dornbracht AG and Co. KG, Elkay Manufacturing Co., Fletcher Building Ltd., FRANKE Holding AG, Futura Kitchen sinks Ind Pvt Ltd., JOMOO Kitchen and Bath Co. Ltd., JULIEN Inc., Kohler Co., Kovinoplastika Loz d.o.o., Kraus USA Inc., Moen Inc., Roca Sanitario SA, Ruvati, Schock GmbH, TEKA INDUSTRIAL S.A., VIGO INDUSTRIES LLC., Whitehaus Collection, and Zuhne among others. Moreover, the market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

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Accelerate at a CAGR of 3.37%

North America, Europe, APAC, Middle East and Africa, and South America

US, China, Japan, UK, and Germany

Leading companies, competitive strategies, consumer engagement scope

Acrysil Ltd., BLANCO GmbH and Co. KG, Dornbracht AG and Co. KG, Elkay Manufacturing Co., Fletcher Building Ltd., FRANKE Holding AG, Futura Kitchen sinks Ind Pvt Ltd., JOMOO Kitchen and Bath Co. Ltd., JULIEN Inc., Kohler Co., Kovinoplastika Loz d.o.o., Kraus USA Inc., Moen Inc., Roca Sanitario SA, Ruvati, Schock GmbH, TEKA INDUSTRIAL S.A., VIGO INDUSTRIES LLC., Whitehaus Collection, and Zuhne

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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This kitchen sinks market forecast report extensively covers segmentations by End-user (Residential and commercial) and Geography (North America , Europe , APAC, Middle East and Africa , and South America ). 34% of the market's growth will originate from North America during the forecast period. The US is the key market for kitchen sinks market in North America . Market growth in this region will be faster than the growth of the market in other regions. The growing number of residential construction activities will facilitate the kitchen sinks market growth in North America over the forecast period.

More key highlights on the regional market share of most of the above-mentioned countries. Track Pricing, Supply, Demand, Trade, and Distribution Scenario along with Key Customers. View at Special Pricing

The emerging growth of semi-recessed sinks is one of the key kitchen sinks market trends contributing to the market growth. Semi-recessed sinks combine the convenient features of an undermount sink and the contemporary appearance of a kitchen sink. Semi-recessed sinks are designed to save space on kitchen counters. Semi-recessed sinks appear unique as they partially protrude from the surface where they are placed. Moreover, it is easy to clean the surrounding area of these sinks and under the sinks because of this feature. Such advantages will fuel the kitchen sinks market growth during the forecast period.

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