Bathroom Vanity Sales May Be Impacted by Formaldehyde Concerns
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DUBLIN, IRELAND - The global bathroom vanities market is expected to reach $8.40 billion by 2020, but health concerns due over urea formaldehyde in resin used to bind MDF panel fibers are expected to hamper growth, say researchers at  Dublin-based Research and Markets.

Research and Markets just announced their report, "Bathroom Vanities Market Analysis By Material (Stone, Ceramic, Glass, Wood, Metal), By Application (Residential, Non-Residential) And Segment Forecasts To 2020."

Increasing reconstruction and remodeling activities owing to changing consumer preferences is anticipated to spur market growth over the forecast period. Growing demand for functional bathrooms may promote the installation of specialized countertops which incorporate sinks. Advances are expected to driven by rising bathroom remodeling expenditure, which may outpace other housing improvement expenditures.

Proliferation of eco-friendly materials such as engineered stone and recycled glass for countertop applications may drive the bathroom vanities market. Recycled high density polyethylene materials, glass with LED backlighting and high-pressure plastic laminates are various advanced countertop features that are expected to boost volume demand for the material used.

Health concerns due to the use of urea formaldehyde which is a resin used to bind the fibers are expected to hamper market growth through the forecast period. However, the U.S. Environmental Protection Agency (EPA) is currently developing compliance and testing provisions for various standards. Additionally, increasing number of wood products and finished goods in California, are becoming CARB (Califonia Air Resource Board) compliant which is expected to yield opportunities for the bathroom vanities market.

Further findings from the study suggest:

  • The residential application segment accounted for majority of the market in 2013 and is further expected to generate high revenue through the forecast period. Rising demand for new housing and remodeling activities has led to significant increase in the market penetration in the residential sector. Design trends for large storage cabinets and medications are also to promote gains.
  • Non-residential application segment is expected to witness growth over the forecast period. Rising healthcare, offices, education, and retail shop construction spending is expected to support demand for bathroom vanities, as these structures incorporate secure storage with lesser space requirements.
  • Asia Pacific accounted for over 30% of the overall market share in 2013 and is expected to witness high growth due to rapid installations of cabinets in new and existing homes as well as non-residential buildings. China is expected to witness robust demand; growing urbanization is expected to support infrastructure development in the region. North America is expected to witness high growth due to rising consumer demand towards premium bathroom features.


Top companies operating in the bathroom vanities market include Masco, MasterBrand, American Woodmark, RSI Home Products etc. Key market participants invest heavily in R&D to offer product differentiation as well as cost-effective bathroom solutions to enhance market share and leverage through branding. For the purpose of this study, the report has segmented the global bathroom vanities market on the basis of material, application and region.
http://www.researchandmarkets.com/research/pn8dtk/bathroom_vanities

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Bill Esler | ConfSenior Editor

Bill wrote for WoodworkingNetwork.com, FDMC and Closets & Organized Storage magazines. 

Bill's background includes more than 10 years in print manufacturing management, followed by more than 30 years in business reporting on industrial manufacturing in the forest products industries, including printing and packaging at American Printer (Features Editor) and Graphic Arts Monthly (Editor in Chief) magazines; and in secondary wood manufacturing for WoodworkingNetwork.com.

Bill was deeply involved with the launches of the Woodworking Network Leadership Forum, and the 40 Under 40 Awards programs. He currently reports on technology and business trends and develops conference programs.

In addition to his work as a journalist, Bill supports efforts to expand and improve educational opportunities in the manufacturing sectors, including 10 years on the Print & Graphics Scholarship Foundation; six years with the U.S. WoodLinks; and currently on the Woodwork Career Alliance Education Committee. He is also supports the Greater West Town Training Partnership Woodworking Program, which has trained more than 950 adults for industrial wood manufacturing careers. 

Bill volunteers for Foinse Research Station, a biological field station staddling the border of Ireland and Northern Ireland, one of more than 200 members of the Organization of Biological Field Stations.