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Toilet Tank Market Trend, Growth, Price and Forecast to 2021

Thursday, March 9, 2017 3:46
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Market Research Analysts forecast global toilet tank market to grow at a CAGR of 3.01% during the period 2017-2021.

According to the report, the adoption of eco-friendly toilet tanks has increased in the recent years. For instance, Japanese toilet makers offers environmentally friendly new models that use less than 5.5 liters per flush, compared to 13.5 liters deployed by tanks designed a decade ago. In APAC, the sanitation is the most underpenetrated market especially in countries such as India. Efforts are put from the government’s side such as Swachh Bharath Abhiyan for improving the rural and semi-urban sanitation. In 2016, the (State Bank of India) SBI launched a program called the SBI youth for India fellowship which is a 13 months long program giving an opportunity for young people in India to work for rural development projects. The program came up with a solution for low cost toilet called as twin pit pour flush system model which addressed the issue of water crises in rural areas. The solution also meets the health and hygiene standards thereby paving the way for much eco-friendlier toilets. There were other implementations such as deep rural plan which uses very little water per flush in comparison to the conventional toilet tanks which will drive the market for the eco-friendly toilet tanks cutting down the water usage in 2016.

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Further, the report states that repairs and maintenance of toilets tanks is a challenging task for end-users. The toilet tanks witness blockage in the flapper valve due to debris and rust which is accumulated in the toilet tank due to which most of the time the tank does not fill in the bottom. For vendors, overcoming these performance challenges is crucial. The production of durable and aptly fitting seals and valves is a challenge for vendors. Moreover, the ensuring that the water flow is continuous from the tank to the toilet bowl also impacts performance.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Toilet Tanks

The global toilet tank market is witnessing growth in regions such as APAC, the Americas, and the ROW due to a rise in the number of commercial and residential buildings. This is directly attributed to an increase in construction-based activities across these regions and the demand for home improvement and refurbishments. Apart from this, there is an increasing demand for the concealed water tanks by the commercial buildings concentrating in increasing the aesthetic look of the bathroom. Also growing awareness of water saving techniques by adoption of modern cisterns which meet the water sense criteria set by authorities such as the Environmental Protection Agency (EPA) is a reason for adoption of such tanks. The eco-friendly toilets are in high demand today as they consume less water for one time flush. The adoption rate is high in certain regions due to scarcity of water in certain regions, making it necessary for sanitary ware vendors to concentrate on designing eco-friendly toilet tanks.

Complete Report Details @ https://marketreportscenter.com/reports/494145/global-toilet-tank-market-2017-2021

Covered in this report 

The report covers the present scenario and the growth prospects of the global toilet tank market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of toilet tanks.

The market is divided into the following segments based on geography: 
Americas
APAC
EMEA

Global Thoracic Surgery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
Toto
Kohler
Lixil
Geberit 

Other prominent vendors 
WDI
Yuyao Meige Sanitary Parts
SIAMP
Thomas Dudley

Market driver 
Demand for portable toilets
For a full, detailed list, view our report 

Market challenge 
Emergence of waterless and tank-less toilets
For a full, detailed list, view our report 

Market trend 
Growth of housing market in developing regions and home improvement market in developed regions
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors? 

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

……..CONTINUED

 

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For more information, please visit https://marketreportscenter.com

For more information content with us;

Sam Collins

 

Market Reports Center 1-646-883-3044 (US)

info@marketreportscenter.com

https://marketreportscenter.com

 

Source: https://marketreportscenter.com/reports/494145/global-toilet-tank-market-2017-2021

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