Market Forecast By Countries (Brazil, Mexico, Argentina, Rest Of Latin America), By Technology (Sensor, Non-Sensor), By Product Type (One-Hand Mixer, Two-Hand Mixer, Others), By End-Users (Residential, Commercial, Industrial), By Applications (Bathroom Faucets, Kitchen Faucets) And Competitive Landscape
According to 6Wresearch, the Latin America Faucets, Mixers and Taps Market is anticipated to register growth throughout the forecast period 2021-27. The key country market to register the highest proliferation in the overall regional product market in Latin America is Brazil. The taps and mixers market has enjoyed steady growth during the last five years and is expected to witness strong growth proliferation in the coming time zone as well. Although mixers hold a minority share of the market, they have seen rapid growth in the past five to seven years. Two-handle mixers are more common than one handle mixers; these are normally found in five-star hotels, clubs and the luxury residential sector. Brass and gold are the most popular color choices for taps and mixers in Brazil representing 83% of the market by volume.
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