Global Shower Enclosure and Cubicles Market 2017-2021

Global Shower Enclosure and Cubicles Market 2017-2021 - Research and Markets The global shower enclosure and cubicles market to grow at a CAGR of 5.14% during the period 2017-2021. Global Shower Enclosure and Cubicles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers new sales and retrofit market. According to the report, one driver in the market is rise in building refurbishment activities. The demand for shower enclosures and cubicles is expected to be driven by the high level of consumer interest in bathroom renovation projects. Consumers who are willing to improve the appearance and value of their houses but unable to afford more costly projects prefer to renovate their existing bathrooms, driving the demand for shower enclosures and cubicles. The refurbishment market is driven by the growth in per capita disposable incomes and employment. Home prices are expected to continue rising during the forecast period, leading to the increase in the demand for refurbishment services as homeowners often leverage the value of their homes through mortgages to fund remodeling projects.