Faucet Market Industry Definition and Application: A faucet is a plumbing fixture that regulates the flow of liquid from a pipe or opening or closing a tap. It is made with brass, die-cast zinc, steel, and chrome-plated plastic. Nowadays, a faucet is available in different colors, styles and finishing that can be customized according to user requirements. Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Faucet Market Trends and Drivers: The construction of modernized bathrooms primarily drives the global faucet market. Due to this, several manufacturers are focusing on developing advanced technology-driven plumbing fixtures. For instance, they are introducing digital and hybrid faucets that are smart, touch-free. and designed with scratch and tarnish-resistant surfaces. With the inflating income levels and improving living standards, consumers are willing to spend more on luxurious, esthetically appealing and ergonomically designed faucets. Moreover, rapid urbanization and rising household units have led to an escalated demand for advanced sanitary fittings like faucets. On account of these factors, the market is anticipated to exhibit positive growth in the coming years.