Growing consumer awareness and modernization of washroom is expected to drive the demand for India tankless toilet market for the forecast period.
According to TechSci Research report, “India Tankless Toilet Market By Application (Residential, Commercial), By Product Type (Wall-mounted, Floor-mounted), By Distribution Channel (Online, Offline), By Region, Competition Forecast & Opportunities, FY2027”, the India tankless toilet market is expected to grow at a rate of steady CAGR for the forecast period, FY2023-FY2027. Tankless toilets are the toilet options connected directly to the building water line and, therefore, do not require the water tanks attached. The tankless toilet uses high-pressured water to flush the waste from the toilet effectively. The high pressure is created by using an electrical pump that drains the water from the bowl at high speed, leaving a clean toilet bowl behind. Tankless toilets consume less space and are aesthetically appealing, which is the major reason for their high adoption in residential and commercial spaces. The major benefit of using a tankless toilet is its low profile and minimalistic design. Tankless toilets are certainly more stylish and trendier than traditional toilets; therefore are highly installed in newly constructed modern buildings. As the tankless toilets are attached to the wall, it takes up less space and can be fit anywhere to create space for other work. Tankless toilets make the bathroom more convenient as they free up bathroom spaces due to their compact size and higher efficiency. The bathroom could be used again almost immediately as the bowl gets refilled easily and rapidly. This helps in shortening the line outside the washroom and therefore is highly preferred in commercial spaces to accommodate many people. Tankless toilets are preferred over tank toilets as the actual toilet seat can be lifted according to the requirements without making any major adjustments. Unlike traditional toilets, tankless toilets witness fewer maintenance problems and need a smaller number of replacements to ensure proper functioning. The tankless toilets are compact, and these are likely to witness bowl overflow or leakage that, in turn, is expected to accelerate the market demand. Construction of new homes and buildings that are installing tankless toilets to enhance the appearance and reduce the water bill is expected to propel the market demand. Market players are adopting attractive marketing strategies for market expansion and surge sales.
However, the requirement of investments for the installation of tankless toilets and high pressure may restrain the India tankless toilet market growth for the forecast period.
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India tankless toilet market is segmented into application, product type, distribution channel, regional distribution, and company. Based on application, the market is bifurcated into residential and commercial. The commercial segment is dominating the market and is expected to maintain its dominance throughout the forecast period, FY2023-FY2027. To efficiently and minimize water loss, commercial buildings are actively installing tankless toilets. The rise in the infrastructural development in the region, such as the construction of shopping malls, offices, hospitals, schools to satisfy the needs of the growing population, is significantly contributing to the India tankless toilet market growth.
Based on product type, the market is bifurcated into wall-mounted and floor-mounted. The wall-mounted tankless toilet is expected to witness substantial growth for the next five years. The wall-mounted toilet takes up less space, and the height can be adjusted according to the comfort and convenience of the user, thereby accelerating the demand for wall-mounted tankless toilets. Wall-mounted tankless toilets make the atmosphere airy and pleasant to smell, owing to their smell absorbing capacity.
TOTO India Industries Pvt. Ltd., American Standard India, Kohler India Corporation Private Limited., Sloan India Private Limited, Duravit India Pvt. Ltd., Geberit India, Villeroy & Boch, Contract India, Dyconn Faucet, Ove Decors Inc are the leading players operating in India tankless toilet market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market.
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“High-end investments by the market players to introduce innovative features in the tankless toilets such as noise reduction, heated seating, warm air dryer, hands-free automated flushing, spray massage, and air purification are expected to increase tankless toilet sales across the region. Market players are adopting other business models to attract customers, like online sales channels to boost the tankless toilet market. Availability of lucrative discounts and offers and free delivery and pick-up options to enhance the shopping experience of customers, which in turn is expected to propel the India tankless toilet market growth till FY2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Tankless Toilet Market By Application (Residential, Commercial), By Product Type (Wall-mounted, Floor-mounted), By Distribution Channel (Online, Offline), By Region, Competition Forecast & Opportunities, FY2027” has evaluated the future growth potential of India tankless toilet market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of India tankless toilet market.
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