The industry recorded the worthiness of INR 18 bn in the year 2008. The expansion is expected to continue the identical manner for its upcoming ways and also the exceptionally projected value of this industry in 2012 is INR 40 bn.
In China, the amount of enterprises manufacturing bathroom fittings has increased to 2,000 in the previous ten decades. The domestic production of distinct bathroom products has seen sharp increase during this period. Both the Indian and Chinese enterprises in this industry are exporting a huge volume of bathroom hardware into the states such as the USA and the united kingdom.
There’s been a consistent rise in demand for its modern designs of fittings in a variety of categories. There are some special reasons which have lead to the increase in demand:
· Rise in the income of those people around the world in the previous ten years has significantly contributed towards the rise in demand of bathroom hardware. Homeowners today wish to have their bathroom as the lavish corner of the home.
· Increase in urbanization also has made innovative bathroom hardware and fittings popular amongst the homeowners, that have houses in the towns and developed regions.