Global Smart Toilet Seat Market - WishTree Insight

Global Smart Toilet Seat Market by Type (Ordinary Toilet Seat and Smart Toilet Seat), Application (Residential and Commercial), and Regions, The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031

The smart toilet seat market size was valued at USD 12.9 billion in 2021 and is expected to surpass USD 18.6 billion by 2031, expanding at a CAGR of 11.2 % during the forecast period, 2021–2031. The market's growth is attributed to government initiatives to improve the quality of life of people, water-saving technologies, and the rising number of smart cities & commercial construction sectors.

INTRODUCTION

A smart toilet seat is a technology-driven toilet seat that provides a high level of cleanliness and comfort. The toilet seat can automatically open up and closes, and it has a setting to control the temperature of the seat, which can be operated remotely or via mobile. The smart toilet seat provides a number of conveniences to a user like a feminine front wash, self-cleaning, warm water, LED night lights, hand-free warm air dryer, automatic flush system, odor-eliminating air dryer, soothing warm water rear wash, adjustable heated toilet seat, germ resistant, and others. Some smart toilet seats keep track of health, also test urine and glucose level through the mobile app.

The market of the smart toilet seat is anticipated to witness lucrative growth in the forecast period. It is a vital component of the bathroom and is an essential part of sanitization. Due to the growing popularity of these toilet seats many industries are switching to manufacturing smart toilet seats rather than traditional ordinary seats. Considerable growth in the overall awareness of sanitation and hygiene is seen worldwide.

The growing population and rising middle-class income, modernization, and home renovations are positively impacting the growth of the global smart toilet seat market.

Market Trends, Drivers, Restraints, and Opportunities

• Growing demand for water-saving technologies is expected to grow the market.
• Rising demand for the commercial construction sector has propelled the smart toilet seat market.
• Increasing urbanization and changing lifestyle habits have created the need for smart toilet seats and the popularity among customers is expected to grow in the market.
• Rising trends of adoption of smart technologies in airports and high-class hospitality service providers are the key drivers of the market.
• The rise in the development of smart cities is expected to influence the market of smart toilet seats worldwide.
• High price of smart toilet seats is the restraining factor in this market.

Scope of the Report

Market Segment Insights

The smart toilet seat segment is projected to register a considerable CAGR

Based on type, the smart toilet seat market is divided into the ordinary toilet seat and smart toilet seat. The smart toilet seat segment is expected to expand at a rapid pace during the forecast period. The self-lift mechanism, lavish design, and extraordinary smart features operated through remote or mobile phones are attributed to lifting the market segment. However, the ordinary toilet seat segment is anticipated to hold a steady share of the market in the coming years. Currently, the market is acquired by ordinary toilet seats and holds a key share, but looking towards the features and popularity of smart toilet seats ordinary toilet market is expected to witness steady growth.

The residential segment is projected to register a considerable CAGR

On the basis of application, the smart toilet seat market is bifurcated into residential and commercial. The residential segment is projected to register a considerable CAGR during the forecast period. The shift towards demographic preference and concern towards energy preservation across households has created rising importance of smart homes which is attributed to growing the segment market. On the other hand, the commercial segment is anticipated to account for a major market share during the forecast period.

The North American region is anticipated to constitute a key market share

In terms of regions, the smart toilet seat market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of the North American region is expected to constitute a key share of the market during the projected period. The growth of the market in this region is attributed to the growing trend of modernization and automation in smart homes, also the high-income population is one of the critical factors. However, the market of Europe is anticipated to expand at a rapid pace during the forecast period owing to the rising awareness regarding health and hygiene, the modern trend of smart homes, and luxury hotel chains in the region.

Competitive Landscape

Key players competing in the smart toilet seat market are ROCA (Spain); Toto Ltd (Japan); Kohler Co. (U.S); Jomoo Group Co., Ltd (China); Lixil Group Corporation (Japan); Villeroy & Boch (Germany); ViVi (China); Dongpeng (China).

FAQs

How much is the market worth?

The smart toilet seat market size was valued at USD 12.9 billion in 2021 and is expected to surpass USD 18.6 billion by 2031.

During the forecast period, what is the CAGR of the market?

During the forecast period, the CAGR of the market is expected to be 11.2%.

What are the key drivers of the market?

The market's growth is attributed to government initiatives to improve the quality of life of people, water-saving technologies, and the rising number of smart cities & commercial construction sectors.

What segments are covered in the Smart Toilet Seat report?

The segments covered in the report are type (ordinary toilet seat and smart toilet seat), and application (residential and commercial).

Mention the key players in the market.

Key players competing in the smart toilet seat market are ROCA (Spain); Toto Ltd (Japan); Kohler Co. (U.S); Jomoo Group Co., Ltd (China); Lixil Group Corporation (Japan); Villeroy & Boch (Germany); ViVi (China); Dongpeng (China).