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Jul 05, 2023

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DUBLIN, Aug. 3, 2023 /PRNewswire/ -- The "US Walk-in Bathtubs Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering. The US walk-in bathtubs market was valued

DUBLIN, Aug. 3, 2023 /PRNewswire/ -- The "US Walk-in Bathtubs Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The US walk-in bathtubs market was valued at $757.26 million in 2022 and is expected to reach $941.61 million by 2028, growing at a CAGR of 3.70% during the forecast period.

This report presents a comprehensive analysis of the US walk-in bathtubs market, providing valuable insights into its size, forecast, and industry trends. Walk-in bathtubs serve a crucial purpose in assisting individuals with mobility issues, offering safety features like handlebars and footholds to prevent falls and slips.

The report examines various market dynamics for 2023-2028, including growth enablers, restraints, and trends, offering a holistic view of the demand and supply aspects of the market. As the standard of living and spending capacity of US consumers rise, the demand for bathtubs has grown significantly, especially in the hospitality industry.

With the tourism industry experiencing a post-pandemic boom, the need for walk-in bathtubs in the hospitality sector is on the rise, driving traction in the US market.KEY HIGHLIGHTS

The US walk-in bathtub market is growing significantly due to increasing demand for bath therapies, custom bathtubs, technological advancements, spa centers, hospitality industry expansion, bathroom renovations & home remodeling activities, smart cities, and a growing geriatric & bariatric population.

In the combo segment of the walk-in bathtubs market, people prefer to buy grab handles, anti-slip surface coatings, and LED lighting.

The rising number of arthritis and musculoskeletal diseases drives the demand for walk-in bathtubs as it gives more relaxation.

Due to technological innovations and rising demand for IoT products, therapy-based walk-in bathtubs are gaining traction in the market.

Kohler, LIXIL, Investindustrial, SWCORP, Ella's Bubbles, and ARIEL are the leading players with strong market penetration. Vendors such as Bathing Safety, AmeriGlide, SanSpa Five Star, BOCA Walk-In Tubs, Independent Home, Hydro Dimensions, BCI Acrylic, Safe Step Walk-In Tub, Leaf Home Safety Solutions, and others are the prominent players in the market with a noteworthy presence.

Due to the increasingly luxurious lifestyle among the US people, companies are adopting various initiatives, including push strategies and lifetime free services, to drive the US walk-in bathtubs market during the forecast period.

Key Attributes:

Report Attribute

Details

No. of Pages

68

Forecast Period

2022 - 2028

Estimated Market Value (USD) in 2022

$0.76 Billion

Forecasted Market Value (USD) by 2028

$0.94 Billion

Compound Annual Growth Rate

3.6 %

Regions Covered

United States

VENDORS LIST

Key Vendors

Kohler Co.

LIXIL Corporation

Investindustrial

SWCORP

ARIEL

Ella's Bubbles, LLC

Other Prominent Vendors

UNIVERSAL TUBS

Bathing Safety

AmeriGlide

SanSpa Five Star

BOCA Walk-In Tubs

Independent Home

Hydro Dimensions

BCI Acrylic

Safe Step Walk-In Tub

Leaf Home Safety Solutions

Safety Bath

Lifetime Walk-In Bathtubs

Best Buy

TheraTub Inc.

SEGMENTATION & FORECAST

Product Market Insights (2022-2028)

Traditional Soaker

Combo

Therapy-Based

Specialty

Design Market Insights (2022-2028)

Embedded

Independent

Application Market Insights (2022-2028)

Household

Commercial

Distribution Channel Market Insights (2022-2028)

Offline Store

Online Store

MARKET STRUCTURE

Market Dynamics

Competitive Landscape of the US Walk-in Bathtubs Market

Key Vendors

Other Prominent Vendors

For more information about this report visit https://www.researchandmarkets.com/r/jgjir4

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SOURCE Research and Markets