Bathroom Mirrors Market Global Opportunity Analysis and Industry Forecast, 2021–2030

Mirrors impact our everyday lives significantly and have been used since ancient times. However, towards the beginning of the 20th century, bathroom mirrors came into being. Bathroom mirrors are mirrors used for personal care and makeup applications at home, clothing areas, and others. Change in lifestyles of the individuals affect the bathroom mirror market. Consumers are more aware of their character and style nowadays. They are good at improving their style and their whole demeanor. Men also adopt the usage of bathroom mirrors to upgrade their looks every day. A decent quality mirror is one of the main requirements for the appropriate use of cosmetics. The usage of mirrors is for applying cosmetics, hairstyles, pluck eyebrows, shaving, and others. With the advent of the COVID-19 pandemic, the demand for bathroom mirrors has decreased as consumers have shifted their interest to essential amenities to tackle the distressing situation.

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Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, and LAMEA

Segments Covered

Product Type, Application, End User, Distribution Channel, and Region

Companies Covered

Kohler Co, Duravit AG, Jaquar Group, Villeroy & Boch AG, Roca Sanitario, SA, Kaies Sanitary Ware Co., Limited, Hindware Sanitaryware & Industries Limited, Hansgrohe, SE, LIXIL Corporation, and Toto Ltd.

COVID-19 Impact Analysis

Countries had to enforce lockdown that halted the progress of constructions of new properties and households due to the outbreak of the COVID-19 pandemic. The demand for bathroom mirrors has also decreased as consumers do not find it a necessity. The bathroom mirrors market witnessed a dip in production as sufficient labors are not available to continue the production process.
The disruption in the distribution channel was the prime cause as adequate raw materials couldn't reach the industries for production; the delivery of a proper supply of finished products to the dedicated stores was not possible. Consumers had no option to visit the specialized stores, and the stocks were not available on e-commerce platforms.
Top Impacting Factors

Buildings, commercial complexes, public toilets, and sanitary blocks were all underway in the pre-COVID period. This aspect caused the demand for large-scale bathroom mirrors and various forms. The expansion of the bathroom mirrors market supported by the sale of new houses, lifestyle change, high disposable income, rapid urbanization, and standard of living. Building activities that had abolished the need for washroom mirrors have ceased after the outbreak. Consumers are interested in meeting their needs instead of choosing luxury sanitary goods.
The sales of online bathroom mirror are lagging and very moderate compared to brick-and-mortar shops. The absence of adequate pricing transparency is the barrier that discourages consumers from making online purchases. While there is still a chance on the web market with time and complex lifestyles, consumer purchasing for convenience will probably go to online purchasing. The client would be encouraged to buy online to improve transparency in product description and price. Companies are expected to attempt to achieve and comply with creative approaches to approach clients online.
Market Trends

New product launches

Companies have introduced new designs of bathroom mirrors in the market with features such as additional lighting facility. The bathroom mirrors come with a LED lighting strips all-around to edges that give an aesthetic look. The innovation is attracting the consumers to opt for the product expected to drive the sale. The introduction of a remote-controlled lighting system is expected to be a game-changer as consumers can change the lightings according to their mood preference. Companies are investing in R&D to improve the product quality so that consumers feel more convenient for usage and save time.

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Surge in usage in the hotel industry and hospitals

Modern hospitals are more luxurious than hotels; therefore, increase the demand for well-maintained bathrooms. Moreover, the demand has developed for splendid hotels and resorts with their fantastic mirrors to exhibit their bathrooms that impact the guest's mood. The visitors often choose huge bathroom mirrors since wide-scale mirrors reflect the entire regions and appear magnificent. The ongoing pandemic and enforced lockdown have been a restraint to the growth of the hospitality sector; due to this need for bathroom mirrors has decreased. The demand of the hospitality industry is expected to increase once the lockdown ends as consumers will start travelling, and the need for hotels will also increase. This increased need will equally contribute to the increase in sales.

Key Segments Covered

Product Type

Mirror Cabinet
Surface Mounted Mirror
External Makeup Mirror
Others
Application

Households
Hotels
Hospitals
Others
End User

Men
Women
Other
Distribution Channel

Hypermarkets/supermarkets
Specialty Stores
Online Retail
Others
Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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Key Benefits of the Report

This study presents the analytical depiction of the bathroom mirrors industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bathroom mirrors market share.
The current market is quantitatively analyzed from 2020 to 2028 to highlight the bathroom mirrors market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed bathroom mirrors market analysis on the basis of competitive intensity and how the competition will take shape in coming years
Questions Answered in the Report

Who are the leading market players active in the bathroom mirrors market?
What current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?

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