Market Forecast By Product Types (Bathtub & shower fixtures, Sink fixtures, Toilet fixtures, Bathtub & shower fittings, Sink fittings, Toilet fittings, Others), By End-user (Residential buildings, Non-residential buildings), By Applications (New buildings, Renovated buildings) And Competitive Landscape
Product Code: ETC033351 | Publication Date: Jun 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market |
Forecast Period | 2025-2031 |
Market Size | USD 3.6 Billion – USD 5.8 Billion |
CAGR | 7.2% |
Growing Sector | Construction |
The Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware market report thoroughly covers the market by product type, by end-user and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2024, the Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware market is valued at approximately $ 3.6 billion, with a projected compound annual growth rate (CAGR) of 7.2% over the next five years. Additionally, by 2030, the market is expected to reach around $ 5.8 billion. The new buildings application holds a dominant position in the overall market.
The Sri Lanka plastics plumbing fixtures and sanitary ware market is poised for significant growth, driven by a combination of urbanization, infrastructure development, and increasing consumer awareness about hygiene and water efficiency. As the country invests in housing projects and modern infrastructure, there is a rising demand for high-quality plumbing fixtures that cater to both residential and commercial sectors. The market is characterized by a growing preference for eco-friendly and durable products, with consumers seeking innovative solutions that enhance water conservation. Additionally, the influx of international brands and local manufacturers has led to increased competition, resulting in a diverse range of products that cater to varying consumer preferences. Overall, the Sri Lanka market for plastics plumbing fixtures and sanitary ware is evolving, reflecting broader trends in sustainability and modern living standards.
According to 6Wresearch, Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware market size is projected to grow at a CAGR of 7.2% during 2025-2031. The growth of the Sri Lanka plastics plumbing fixtures and sanitary ware market is driven by several factors, including rapid urbanization, an expanding housing sector, and increasing investment in infrastructure development. As more people migrate to urban areas, the demand for modern plumbing solutions in residential and commercial buildings is surging. Additionally, heightened awareness of water conservation and hygiene has led consumers to seek out eco-friendly and efficient products, such as low-flow toilets and water-saving faucets. The government's initiatives to improve sanitation facilities also contribute to market growth. However, the Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware industry faces challenges including fluctuations in raw material prices and supply chain disruptions that can impact manufacturing costs. Moreover, the market faces competition from imported products, which may be perceived as higher quality, posing a threat to local manufacturers. Addressing these challenges while capitalizing on growth opportunities will be crucial for stakeholders in the Sri Lankan plumbing fixtures and sanitary ware market.
The Sri Lanka plastics plumbing fixtures and sanitary ware market features several key companies that play a significant role in shaping the industry. Notable players include Seylan Ceramics PLC, a leading manufacturer known for its diverse range of ceramic and sanitary products, which emphasizes quality and innovation. Lanka Walltiles PLC is another prominent company, recognized for its advanced manufacturing processes and eco-friendly initiatives. Ceylon Ceramics Corporation, with its extensive product line, contributes to the market's growth through continuous innovation and quality assurance. Additionally, Hemas Holdings PLC has made its mark by offering a variety of plumbing fixtures, focusing on sustainable and efficient solutions. Additionally, some of these players hold majority of the Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware market share. Moreover, other noteworthy companies include Royal Ceramics Lanka PLC and several local manufacturers that are increasingly competing with imported products by enhancing their offerings and adopting modern technologies to meet consumer demands.
The Sri Lankan government has implemented various regulations to ensure quality and safety standards in the plastics plumbing fixtures and sanitary ware market. These regulations are designed to promote sustainable practices and protect public health by mandating compliance with safety standards for materials used in plumbing products. The Department of Health and the Sri Lanka Standards Institution (SLSI) play crucial roles in setting and enforcing these standards, which include guidelines on water quality and sanitary facilities. Additionally, the government encourages environmentally friendly practices by promoting the use of recycled materials and energy-efficient production processes. Recent initiatives aimed at improving sanitation and water management further emphasize the importance of modern plumbing solutions in both urban and rural settings. Further, these initiatives have further boosted the Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware market revenues. Moreover, compliance with these regulations is essential for manufacturers to maintain market access and ensure consumer confidence in their products.
The future of the Sri Lanka plastics plumbing fixtures and sanitary ware market looks promising, driven by ongoing urbanization, increased investment in infrastructure, and a growing emphasis on sustainability. As the population continues to migrate to urban areas, the demand for modern, efficient plumbing solutions is expected to rise, particularly in new residential and commercial projects. Innovations in smart technology, such as automated and touchless fixtures, will likely gain traction as consumers seek convenience and enhanced hygiene. Moreover, the government's push for improved sanitation and water management will create further opportunities for market growth. With a strong focus on eco-friendly products and local manufacturing, companies that adapt to changing consumer preferences and regulatory requirements will be well-positioned to thrive in the evolving market landscape.
According to Ravi Bhandari, Research Head, 6Wresearch, the toilet fittings segment in Sri Lanka's plumbing fixtures and sanitary ware market is experiencing substantial growth, driven by a rising demand for innovative and water-efficient solutions. As consumers become increasingly conscious of water conservation, the preference for dual-flush and low-flow toilet fittings has surged, contributing to sustainable bathroom designs. Additionally, the construction of new residential and commercial buildings, alongside government initiatives aimed at improving sanitation facilities, has further fueled the demand for modern toilet fittings. The integration of smart technology, such as sensor-activated flush mechanisms, is also gaining popularity, appealing to consumers seeking enhanced convenience and hygiene. This growth trajectory reflects a broader trend towards modernization in the plumbing sector, with an emphasis on functionality, design aesthetics, and environmental sustainability.
The application of plumbing fixtures and sanitary ware in new buildings in Sri Lanka is witnessing significant growth, driven by rapid urbanization and a surge in residential and commercial construction projects. As the demand for modern amenities increases, developers are prioritizing high-quality plumbing solutions that enhance functionality and aesthetic appeal. Government initiatives aimed at improving infrastructure and sanitation standards further boost this trend, encouraging the adoption of contemporary plumbing technologies. Additionally, rising consumer awareness of water efficiency and sustainability is leading to a preference for eco-friendly fixtures in new constructions. This growing emphasis on design innovation and compliance with modern building regulations positions the plumbing fixtures and sanitary ware segment for robust expansion in the context of new building applications.
The Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware market report provides a detailed analysis of the following market segments -
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market - Industry Life Cycle |
3.4 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market - Porter's Five Forces |
3.5 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.7 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Trends |
6 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market, By Types |
6.1 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Product Types, 2021 - 2031F |
6.1.3 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Bathtub & shower fixtures, 2021 - 2031F |
6.1.4 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Sink fixtures, 2021 - 2031F |
6.1.5 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Toilet fixtures, 2021 - 2031F |
6.1.6 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Bathtub & shower fittings, 2021 - 2031F |
6.1.7 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Sink fittings, 2021 - 2031F |
6.1.8 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Toilet fittings, 2021 - 2031F |
6.2 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Residential buildings, 2021 - 2031F |
6.2.3 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Non-residential buildings, 2021 - 2031F |
6.3 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By New buildings, 2021 - 2031F |
6.3.3 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenues & Volume, By Renovated buildings, 2021 - 2031F |
7 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Import-Export Trade Statistics |
7.1 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Export to Major Countries |
7.2 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Imports from Major Countries |
8 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Key Performance Indicators |
9 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market - Opportunity Assessment |
9.1 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.3 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market - Competitive Landscape |
10.1 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Plastics Plumbing Fixtures and Sanitary Ware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |