BANGALORE, India, July 31, 2024 /PRNewswire/ -- Modular
Bathroom Pods Market is Segmented by Type (GRP Bathroom Pods,
Steel Bathroom Pods, Concrete Bathroom Pods), by Application
(Residential Use, Commercial Use, Military accommodation, prisons,
etc).
The Global Modular Bathroom Pods Market was valued at
USD 788.2 Million in 2023 and is
anticipated to reach USD 1195.8
Million by 2030, witnessing a CAGR of 5.7% during the
forecast period 2024-2030.
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Major Factors Driving the Growth of Modular Bathroom Pods
Market:
The market for modular bathrooms is expanding rapidly due to
rising consumer demand for economical, timely, and effective
building solutions. Prefabricated in factories and placed on-site,
modular bathrooms have several benefits, including shorter
construction times, better quality control, and less trash
generated on-site. These advantages make them especially appealing
to the residential, commercial, and hospitality sectors—all of
which depend on timely and reliable project completion. Growing
urbanization, the popularity of smart homes, and technological
developments in manufacturing that improve the look and feel of
modular bathrooms all contribute to the market's growth.
Furthermore, there is a notable uptake of modular bathroom
solutions in high-construction areas like North America, Europe, and Asia-Pacific, which is driving market
development.
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TRENDS INFLUENCING THE GROWTH OF THE MODULAR BATHROOM PODS
MARKET:
The market for modular bathrooms is expanding rapidly because of
steel bathroom pods for residential use, which are known for their
strength, simplicity of installation, and aesthetic diversity.
These pods provide a strong solution that is resistant to high
moisture content, which is crucial for bathrooms. Because they are
prefabricated in regulated manufacturing environments, builders and
developers may save money by reducing the amount of time needed for
onsite construction and guaranteeing constant quality. Steel pods
are a desirable alternative for both single-family houses and
multi-unit residential structures because they can be customized to
match different household layouts. Steel bathroom pods are a
popular option in the modular bathroom market because of their
efficiency and flexibility, which helps to fuel the industry's
growth by satisfying consumers' increasing need for quick,
dependable, and visually beautiful bathroom solutions.
The market for modular bathrooms is expanding because of
Glass Reinforced Plastic (GRP) bathroom pods, which provide a
lightweight, reasonably priced, and extremely durable option.
Because of its robustness and resilience to impact, chemicals, and
moisture, GRP pods are well-suited for use in bathroom settings.
Because these pods are precisely engineered and constructed, there
are fewer building faults on site and superior standards are
guaranteed. Compared to traditional materials, GRP materials are
easier to carry and install, and they also cost less because of
their lightweight nature. Additionally, GRP bathroom pods are
attractive for a variety of residential and commercial projects due
to their adaptable design, which makes it simple to alter to match
different architectural styles and requirements. Because of their
versatility and superior performance, GRP bathroom pods are
positioned as a major factor in the expansion of the Modular
Bathroom Pods market.
Cost effectiveness is one of the main elements propelling the
modular bathroom market's expansion. Because prefabricated bathroom
pods need less labor and time to install on site, they drastically
lower the entire cost of building. Conventional bathroom
construction might result in higher prices and longer lead times
due to the involvement of several trades and longer deadlines.
Modular bathrooms, on the other hand, are constructed in a
controlled environment off-site, guaranteeing quicker production
and lower labor expenses. Furthermore, the production environment
enables bulk material purchases, which further reduces costs. The
expansion of the market is fueled by developers and contractors who
find modular bathrooms to be an appealing alternative because of
its predictable pricing, which help them optimize their budgets and
increase profitability.
The market for modular bathrooms is expanding due to the growing
emphasis on quality and uniformity. Because modular bathroom pods
are produced in carefully regulated manufacturing settings,
excellent quality and consistency are guaranteed. The possibility
of errors and irregularities that might arise with conventional
onsite building is reduced by this controlled environment.
Sophisticated production methods combined with strict quality
control procedures guarantee that every bathroom pod satisfies
requirements. The end outcome is a dependable, high-quality product
that developers and builders can rely on. Because of this guarantee
of consistency and quality, modular bathrooms have a better
reputation, which grows their market share and increases their
popularity.
The development of the modular bathroom market is being severely
impacted by a labor shortage in the building sector. The sector is
having trouble filling skilled labor positions, which makes it
harder to finish projects on schedule and within budget. One way
that modular bathrooms solve this issue is by using less labor
on-site. In an industrial context, the prefabrication process may
be operated with a smaller, more specialized workforce since it
requires fewer personnel. This guarantees steady development on
building projects and relieves the strain caused by manpower
shortages. The market for modular bathrooms benefits from this
continued drop in labor availability since it offers a solution
that lessens these difficulties and encourages ongoing construction
activity.
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MODULAR BATHROOM PODS MARKET SHARE ANALYSIS
The growing need for sustainable building practices and
efficient construction techniques is propelling the market for
modular bathrooms in North
America. The construction sector in the US and Canada is under pressure to cut prices and
project timeframes due to a lack of workers. By offering premium,
prefabricated modules that can be built fast and effectively,
modular bathrooms provide a solution. The rising tendency of
urbanization is also helping the business, especially in large
cities where time and space are valuable resources. Furthermore,
the growing popularity of modular bathrooms—which are frequently
more ecologically friendly than traditional construction methods—is
a result of the drive for green building certifications and
sustainable construction practices.
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Key Companies:
- Walker Modular
- Offsite Solutions
- Bathsystem
- Interpod
- Eurocomponents
- Elements Europe
- Sanika
- Oldcastle SurePods
- Taplanes
- Pivotek
- Buildom
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
- Prefabricated Bathroom Pods market is projected to
reach USD 3738 Million by 2030 from
an estimated USD 2400.6 Million in
2024, at a CAGR of 7.7% during 2024 and 2030.
- Modular Bathrooms and Toilets market was valued at
USD 2400 Million in 2023 and is
anticipated to reach USD 4008.6
Million by 2030, witnessing a CAGR of 7.6% during the
forecast period 2024-2030.
- Modular Prefabricated Restrooms Market
- Ready-Built Bathroom Unit market was valued at
USD 2400 Million in 2023 and is
anticipated to reach USD 4008.6
Million by 2030, witnessing a CAGR of 7.6% during the
forecast period 2024-2030.
- Prefabricated Bathroom Modules market was valued at
USD 2400 Million in 2023 and is
anticipated to reach USD 4008.6
Million by 2030, witnessing a CAGR of 7.6% during the
forecast period 2024-2030.
- Factory-Made Bathroom Unit market was valued at
USD 2400 Million in 2023 and is
anticipated to reach USD 4008.6
Million by 2030, witnessing a CAGR of 7.6% during the
forecast period 2024-2030.
- Modular Bathroom & Shower market is projected
to reach USD 4144.7 Million in 2029,
increasing from USD 2400 Million in
2022, with a CAGR of 8.2% during the period of 2023 to 2029.
- GRP Material Prefabricated Bathroom Pods Market
- Lightweight Steel Bathroom Pods market was valued
at USD 894 Million in 2023 and is
anticipated to reach USD 1964 Million
by 2030, witnessing a CAGR of 10.6% during the forecast period
2024-2030.
- Modular Prefabricated Bathroom Pods Market
- Modular Prefab Kitchen and Bathroom Pods Market
- Bath Fittings and Accessories Market
- Shower Wall Panel market was valued at USD 1,524.62 Million in 2023 and is anticipated
to reach USD 2,295.47 Million by
2030, witnessing a CAGR of 6.06% during the forecast period
2024-2030.
- Bathroom & Toilet Grab Bar market was valued at
USD 535.4 Million in 2023 and is
anticipated to reach USD 841 Million
by 2030, witnessing a CAGR of 6.2% during the forecast period
2024-2030.
- Commercial Metal Toilet Partition Market
- Smart Waterproof Mirror TV for Bathroom Market
- Toilet Bathroom Partition Market
- GRP Composite Bathroom Pods market was valued at
USD 596 Million in 2023 and is
anticipated to reach USD 1269.8
Million by 2030, witnessing a CAGR of 11.3% during the
forecast period 2024-2030.
- Illuminated Bathroom Mirror Market
- Toilet Partitions market size was USD 2008.2 Million and it is expected to reach
USD 2712 Million by the end of 2027,
with a CAGR of 4.4% during 2021-2027.
- Shower Room Wall Panel Market
- Prefabricated Bathroom Pods for Residential Market
- Toilet Aids for the Elderly Market
- Sanitary Fittings market was valued at USD 119 Million in 2023 and is anticipated to
reach USD 157.4 Million by 2030,
witnessing a CAGR of 4.2% during the forecast period 2024-2030.
- Smart Toilet market was valued at USD 3602.3 Million in 2022 and is anticipated to
reach USD 5515.7 Million by 2029,
witnessing a CAGR of 6.2% during the forecast period 2023-2029.
- Bathroom Hand Towels Market
- The global Smart Bathroom market size was
USD 1634 Million in 2023 and is
forecast to a readjusted size of USD 2709.1
Million by 2030 with a CAGR of 7.4% during the forecast
period 2024-2030.
- Non-mirror Bathroom Waterproof TV market was valued
at USD 27.1 Million in 2023 and is
anticipated to reach USD 43.8 Million
by 2030, witnessing a CAGR of 7.1% during the forecast period
2024-2030.
- Vietnam Sanitary Ware & Bathroom Accessories
Market
- Handicap Bathroom Accessories Market
- Tiles, Sanitary Ware and Bathroom Accessories Market
- Composite Sinks Market
- Mechanical Bathroom Scales Market
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