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The Booming Prefabricated Bathroom Industry Will Reach 17.3 Billion Yuan in 2021!

Started in Japan, the Prefabricated Bathroom has leaped forward in China in recent years. Since 2019, many mainstream companies have actively expanded production in this industry, building new factories or production lines to seize market opportunities. Meanwhile, some of these companies including SALLY, YI TIAN HOME PRODUCES, Lanmeng Bathroom and so on are also the major exhibitors of 2019 China Int'l Integrated Housing Industry & Building Industrialization Expo (CIHIE).  
 
From this year, Zhejiang, Henan, Guangdong and other several provinces have issued local Prefabricated Building Evaluation Standards, which means the evaluation system of prefab buildings has been gradually improved to promote its popularization around the country. In line with the Standards, the provinces also issued local incentives. For example, for the projects that voluntarily implement prefabricated buildings, Shanghai will reward a plot ratio of no more than 3%. As for the projects with a prefabricated rate of 45% or more, it will get a subsidy of 100 yuan per square meter. 
 
At the same time, the delivery form of prefab and full decoration building is continuing to develop. For instance, the Supplementary Provisions for Green Prefab Building Evaluation Standards of Hunan Province issued recently pointed out that in 2019-2022, the full-renovation proportion of prefabricated buildings in Changsha, Zhuzhou and Xiangtan is not less than 40%, and that in other regions is not less than 20%.
 
Under the advancement of prefab buildings and full decoration, the traditional retail channels of sanitary ware enterprises are narrowing down, and some small companies are even caught in business difficulties. On the other hand, pushed by these trends, some sanitary ware enterprises have found new business chances. Recently, a company that had spent many years in the integrated industry before withdrew has re-entered the market to join the competition. 
 
According to the relevant research of FORWARD, an industry research organization, the market size of China's Prefabricated Bathroom industry in 2018 was 4.723 billion yuan, which is expected to reach 17.3 billion yuan by 2021. It can not be sure that holding the Prefabricated Bathroom industry is to grasp the future market, but as a new comprehensive product in the field of housing construction, the Prefabricated Bathroom is embracing the promising market. Maybe the winner of the new round of competition will emerge in this field.
 
As one of the top international prefab building exhibitions in Guangdong, CIHIE, themed on Sustainable, Healthy, Green, helps construction enterprises to show the globe their technologies and products, and sets up an exchange platform for industry insiders. Continuing to receive great attention from Housing and Urban-Rural Development Ministry of Housing Industrialization Promotion Center, CIHIE 2019 has attracted around 400 quality exhibitors to showcase their advanced technologies and products, including brand construction enterprises at home and aboard, national prefabricated building industry bases, the first prefabricated construction industry bases in Guangdong, design engineering enterprises with representative projects, and so on. With a wide variety of exhibits, CIHIE 2019 has involved real estate development, survey and design, construction supervision, tourist attractions, share farms, camp construction, characteristic towns, homestay, hotels, commercial complexes, garden landscapes, new rural areas, etc. At present, the preparation work of CIHIE 2020 goes smoothly. See you in Guangzhou on May 11-13,2020!