Abstract
Demand in China to grow 10+% per year through 2009
The plumbing fixtures and fittings market in China has expanded nearly 17
percent per year during the last five years and reached 66.5 billion yuan in
2004. Demand gains will continue to outpace the global plumbing products
market, rising 10.7 percent annually to 110.5 billion yuan in 2009,
benefitting from robust growth in China's building construction industry.
Fittings to remain larger segment
Demand for plumbing fixtures is projected to reach 49.2 billion yuan in 2009,
primarily driven by strong increases anticipated in building construction
expenditures in China. Rising income levels will also drive demand for
higher-end product types, resulting in higher value fixtures accounting for an
increasing share of the product mix and leading to gains in overall market
value. Plumbing fittings demand is expected to exceed 61 billion yuan in 2009,
driven by above-average growth in bathtub and shower fittings. Lavatory,
kitchen and other sink fittings will benefit from strong advances in new
building construction expenditures as well as rising renovation demand.
Fashionconscious residential consumers will support gains in replacement
demand, as new finishes and product and design advances are introduced.
Nonresidential market to outpace residential
Residential markets for plumbing fixtures and fittings accounted for over two-
thirds of total demand in 2004. However, the nonresidential and nonbuilding
markets will offer better growth prospects through 2009. Stronger growth in
building construction in the nonresidential markets will spur demand for
plumbing products, as will increasing use of plumbing fixtures and fittings in
nonbuilding applications such as transportation equipment.
Opportunities vary by region
Although China is a single nation, it consists of many distinct regional
markets characterized by different economies, cultures and languages. The
Northwest
remains largely underdeveloped, but is targeted by the central government's
"Go West" strategy, which will result in sizable growth in plumbing demand
derived from industrialization and housing construction activities. Also, the
Northeast -- credited as "the cradle of China's planned economy," although it
has experienced subpar economic growth in the past decade -- is positioned by
the central government's "Reviving the Northeast" campaign to become the
fourth economic engine for China, joining ranks with the Pearl River Delta,
the Yangtze River
Delta and the Jing-Jin-Tang Triangle areas. However, the Central-East and
Central- South regions will remain home to well over half of China's total
population and will account for approximately three-fifths of all plumbing
product consumption in China in 2009.
Reliable market analysis now available for China
International plumbing fixtures and fittings producers and distributors
recognize the tremendous market potential that China offers. However, planning
for expansion into China is difficult due to the lack of reliable market
information. Freedonia's new industry study, Plumbing Fixtures & Fittings in
China, can help you position your company in China. The study presents
historical (1994, 1999, 2004) demand data and forecasts to 2009 and 2014 by
plumbing product (fixtures, fittings), by market (e.g., residential building,
nonresidential building), and by Chinese geographic region. The study also
considers market environment indicators, profiles 33 industry competitors and
estimates market share for the largest players in the Chinese market.
Table of Contents
EXECUTIVE SUMMARY
MARKET ENVIRONMENT
- General
- Macroeconomic Overview
- Demographic Overview
- Population
- Households
- Industrialization & Manufacturing Trends
- Labor Force & Employment Trends
- Personal Income Trends
- Banking System & Regulations
- Currency Exchange
- The Five-Year Plan
- Building Construction Expenditures
- Residential
- New Housing
- Improvements & Repairs
- Housing Stock & Living Space
- Bathroom Trends
- Nonresidential
- New Construction
- Improvements & Repairs
- Nonresidential Building Stock
- Legislative & Regulatory Environment
- World Outlook
OVERVIEW
- General
- Plumbing Product Supply & Demand
- International Trade
- Pricing & Product Mix
PLUMBING FIXTURES BY MATERIAL
- General
- Vitreous China
- Metal
- Cast Iron
- Steel & Other Metals
- Plastics
- Acrylic
- Fiberglass
- Other Plastics
- Other Materials
PLUMBING FIXTURES BY PRODUCT
- General
- Bathtub & Shower Fixtures
- Bathtubs
- Whirlpool Bathtubs
- Shower Stalls & Receptors
- Bathtub & Shower Surrounds
- Sink Fixtures
- Lavatories
- Kitchen Sinks
- Other Sinks
- Toilet Fixtures
- Sitting Toilets
- Squat Pans
- Urinals
- Other Plumbing Fixtures
- Hot Tubs & Spas
- Drinking Fountains
- Bidets
- Miscellaneous Plumbing Fixtures
PLUMBING FITTINGS
- General
- Bathtub & Shower Fittings
- Anti-scald Valves
- Single-Lever Controls
- Showerheads & Fittings
- Bathtub & Shower Combinations
- Personal Showers
- Other Bathtub & Shower Fittings
- Lavatory Fittings
- Two Lever Controls
- Single Lever Controls
- Other Lavatory Fittings
- Kitchen & Other Sink Fittings
- Single Lever Controls
- Deck Faucets
- All Other Sink Fittings
- Other Plumbing Fittings
- Lawn & Hose Fittings
- Flush Valves & Controls
- Drains & Overflows
- Sediment, Sill & Other Faucets
- P & S Traps
- All Other Plumbing Fittings
MARKETS
- General
- Residential
- Demand by Product
- Demand by End Use
- New Housing
- Repair & Improvement
- Demand by Housing Type
- Single-Family
- Multifamily
- Nonresidential
- Demand by Product
- Demand by End Use
- New Construction
- Repair & Improvement
- Demand by Building Type
- Office & Commercial
- Institutional
- Other
- Other Markets
REGIONAL TRENDS
- General
- Regional Demographic & Economic Trends
- Population Patterns
- Economic Outlook
- Regional Construction Expenditures
- Regional Demand for Plumbing Products
- Central-North
- Northeast
- Central-East
- Central-South
- Southwest
- Northwest
INDUSTRY STRUCTURE
- General
- Industry Composition
- Market Share
- Competitive Strategies
- Marketing & Distribution
- Mergers & Acquisitions
- Cooperative Agreements
- Foreign Participation in the Chinese Market
- Regulatory Issues
- Joint Ventures
- Wholly Owned Foreign Enterprises
- Representative Offices
Company Profiles
LIST OF TABLES & CHARTS
EXECUTIVE SUMMARY
MARKET ENVIRONMENT
- Gross Domestic Product of China
- Population of China
- Population of China by Age
- Households in China by Region
- Manufacturing Value Added in China
- Urban Labor Force & Employment
- Trends in China, 1994-2004
- Urban Unemployment Rate in China, 1994-2004
- Per Capita GDP in China by Region
- Interest Rates in China, 1994-2004
- Interest Rates in China, 1994-2004
- Chinese Currency Exchange Rates, 1994-2004
- Chinese Currency Exchange Rates, 1994-2004
- Building Construction Expenditures in China
- Building Construction Expenditures
- in China, 2004
- Residential Building Construction
- Expenditures in China
- Housing Stock & Living Space in China
- Number of Bathrooms in
- New Homes, 1994-2004
- Nonresidential Building Construction
- Expenditures in China
- Nonresidential Building Stock in China
OVERVIEW
- Plumbing Product Supply & Demand in China
- Plumbing Products Imports, 2004
- Plumbing Products Exports, 2004
- Selected Plumbing Product Prices in China
- PLUMBING FIXTURES BY MATERIAL
- Plumbing Fixtures Demand by Material
- Demand by Material, 1994-2014
- Vitreous China Plumbing Fixtures
- Demand by Product
- Metal Plumbing Fixtures Demand by Material
- Cast Iron Plumbing Fixtures Demand by Product
- Steel & Other Metal Plumbing Fixtures
- Demand by Product
- Plastic Plumbing Fixtures Demand by Material
- Acrylic Plumbing Fixtures Demand by Product
- Fiberglass Plumbing Fixtures
- Demand by Product
- Other Plastic Plumbing Fixtures
- Demand by Product
- Other Plumbing Fixtures Material
- Demand by Product
PLUMBING FIXTURES BY PRODUCT
- Plumbing Fixtures Supply & Demand
- Demand by Product Type, 1994-2014
- Bathtub/Shower Fixtures Demand by Product
- Bathtub Demand by Material
- Whirlpool Bathtub Demand by Material
- Shower Stall & Receptor Demand by Material
- Bathtub & Shower Surround Demand by Type
- Sink Fixtures Demand by Product
- Lavatory Demand by Material
- Kitchen Sink Demand by Material
- Other Sink Demand by Material
- Toilet Fixtures Demand by Product
- Sitting Toilets Demand by Material
- Squat Pans Demand by Material
- Urinal Demand by Material
- Other Plumbing Fixtures Demand by Product
LIST OF TABLES & CHARTS
PLUMBING FITTINGS
- 1. Plumbing Fittings Supply & Demand Cht Plumbing Fittings Supply &
Demand, 1994-2014
- 2. Bathtub & Shower Fittings Demand by Product
- 3. Lavatory Fittings Demand by Product
- 4. Kitchen & Other Sink Fittings Demand by Product
- 5. Other Plumbing Fittings Demand by Product
MARKETS
- 1. Plumbing Product Demand by Market Cht Plumbing Product Demand by
Market, 2004
- 2. Residential Plumbing Product Demand
- 3. Residential Plumbing Product Demand by End Use
- 4. New Residential Plumbing Product Demand by Type
- 5. Residential Repair & Improvement Plumbing Product Demand by Type
- 6. Residential Plumbing Product Demand by Housing Type
- 7. Single-Family Housing Plumbing Product Demand
- 8. Multifamily Housing Plumbing Product Demand
- 9. Nonresidential Plumbing Product Demand
- 10. Nonresidential Plumbing Product Demand by End Use
- 11. New Nonresidential Plumbing Product Demand by Type
- 12. Nonresidential Repair & Improvement Plumbing Product Demand by Type
- 13. Nonresidential Plumbing Product Demand by Building Type
- 14. Office & Commercial Plumbing Product Demand by Type
- 15. Institutional Plumbing Product Demand by Type
- 16. Industrial & Other Nonresidential Plumbing Product Demand by Type
- 17. Other Markets for Plumbing Products
REGIONAL TRENDS
- 1. Population of China by Region
- 2. Gross Domestic Product of China by Region
- 3. Construction Expenditures in China by Region
- 4. Plumbing Product Demand in China by Region Cht Demand in China by
Region, 2004
- 5. Plumbing Product Demand in Central-North Region of China Cht
Central-North Region of China
- 6. Plumbing Product Demand in the Northeast Region of China Cht Northeast
Region of China
- 7. Plumbing Product Demand in the Central-East Region of China Cht
Central-East Region of China
- 8. Plumbing Product Demand in the Central-South Region of China Cht
Central-South Region of China
- 9. Plumbing Product Demand in the Southwest Region of China Cht Southwest
Region of China
- 10. Plumbing Product Demand in the Northwest Region of China Cht Northwest
Region of China
INDUSTRY STRUCTURE
- 1. Revenue Data: Selected Plumbing Product Manufacturers, 2004 Cht
Plumbing Product Market Share in China, 2004
- 2. Selected Acquisitions & Divestitures
- 3. Selected Cooperative Agreements