Bathroom Mirror Cabinets Market

Market Overview

The global bathroom mirror cabinets market size was valued at USD 817.72 million in 2022. It is estimated to reach USD 1,369.62 million by 2031, growing at a CAGR of 5.9% during the forecast period (2023–2031).

Bathroom mirror cabinets are large storage pieces mounted on bathroom walls and consist of a mirror and a cabinet. It has many compartments, brush holders, comb brackets, and scratch-resistant mirrors for grooming reasons. It is made from rigid, water-resistant materials, including wood, aluminum, and stainless steel, and features several contemporary designs to go well with bathroom decor. It can also be made with various adjustable features, like movable shelves, drawers, and built-in organizers, for storing particular products.

Shampoo, conditioners, serums, oils, soap, body washes, perfumes, face washes, exfoliants, toothpaste, and toothbrushes are just a few examples of the various toiletry and skin care goods that are kept in bathroom mirror cabinets. Several grooming tools and supplies, including razors, trimmers, shaving creams, foams, brushes, aftershave lotions, epilators, and toners, are also kept in them. It facilitates the organization of numerous essential goods in a small space and helps reduce unneeded clutter in the bathroom. Also, it frequently has USB connections and electrical outlets for connecting various hair styling appliances, including hair dryers, straighteners, and curlers.

Market Dynamics

Global Bathroom Mirror Cabinets Market Drivers:

Expansion of Urban Dwelling in Emerging Countries and Rise in Technological Innovation

The growing population and expanding middle class are expected to fuel the demand for more urban real estate in the developing region. The government and involved stakeholders are currently working together to reduce hazards. Governments in several developing nations, including Vietnam, China, and India, spearhead residential infrastructure development. Hence, it is projected that rising government spending, an increase in the number of the middle class, and an increase in income will enhance demand for bathroom accessories and propel the market expansion.

Additionally, LED-illuminated bathroom cabinets are becoming very popular in the luxury segment. Infra-red sensors are used to activate LED lighting, making them more reliable. LCD clocks and anti-rust alloys are also gaining high traction. In addition, demister pads are now actively used to rapidly heat and effectively demist mirror surfaces. Such technological innovations in bathroom mirror cabinets are anticipated to contribute to market expansion.

Emergence of Concept Bathroom

The global bathroom mirror cabinet market is expected to grow due to the emergence of the concept bathroom. Due to the rising popularity of concept bathrooms, industry players are providing a one-stop-shop solution for all bathroom vanity needs. In addition, concept bathrooms have gained wide traction in the past few years; consequently, the importance of in-store experience has increased by many folds. Engaged stakeholders in the industry have established experience centers where a customer can view all bathroom vanities in a single place. Offering a smooth customer experience will serve as a significant difference for the involved industry stakeholders. The concept bathroom is one such endeavor to improve the consumer experience. This will be made possible by combining technology with excellent features, pricing, and quality.

Global Bathroom Mirror Cabinets Market Restraint:

Durability of Steel Mirror Cabinets

The bathroom storage cabinets made of steel need to be more substantial. Steel often tends to rust in the humid environment of a bathroom. In addition, shrieking sounds are very common in steel bathroom mirror cabinets. Bathroom mirror cabinets also require professional installation, adding additional cost. As a result, consumers are now transitioning toward polymer bathroom mirror cabinets.

In addition, the higher maintenance cost of steel mirror cabinets and the limited scope for a bespoke feature hamper the revenue growth of the steel bathroom mirror cabinet segment. These products are more popular among commercial buyers. However, increasing penetration of more advanced polymer-coated wooden material in bathroom furniture has significantly decreased the overall popularity of steel bathroom mirror cabinets among commercial end-users, thereby restricting the market's growth.

Global Bathroom Mirror Cabinets Market Opportunities:

Emergence of Omni-Channel Approach

E-commerce is becoming more and more popular as consumers choose to shop online more frequently than ever before. The internet market is expected to develop exponentially as more people use their phones, tablets, or other mobile devices to buy everyday items as mobile phone usage increases. In addition, leading firms in the sector are now establishing internet channels because more than a single-channel approach is required.

Furthermore, due to the e-commerce sector's rapid growth, businesses in the industry have changed their strategies to focus on having an omnichannel presence and meeting client demand. However, active stakeholders in the sector need help to provide a seamless experience for both the customer experience and internal processes. Therefore, the emergence of an omnichannel approach is anticipated to offer tremendous opportunities for market growth.

Regional Analysis

Asia-Pacific Dominates the Global Market

Based on region, the global bathroom mirror cabinets market is bifurcated into North America, Europe, Asia-Pacific, and LAMEA.

Asia-Pacific is the most significant shareholder in the global bathroom mirror cabinets market and is anticipated to exhibit a CAGR of 6.5% during the forecast period. Growing urbanization in Asia-Pacific and rising disposable income in nations like China, India, and others are the main drivers of demand increase over the forecast period. In addition, the market is anticipated to be driven by the industry's substantial expansion in nations like China, India, and Japan. Changing lifestyles of the people in Asia have influenced buying trends of consumers. Moreover, families in the region are now significantly spending on bathroom accessories such as mirror cabinets. They prefer buying bathroom mirror cabinets from offline channels. However, online buying is expected to gain traction in the coming years. Multi-door bathroom mirror cabinets are gaining high acceptance from consumers in the region. Furthermore, the introduction of LED-equipped mirror cabinets and an increase in online buying trends are anticipated to provide several market opportunities for regional operating players.

Europe is estimated to exhibit a CAGR of 3.8% over the forecast period. LED-embedded bathroom mirror cabinets are trendy in the European region as it adds more aesthetic value to the bathroom. Consumers are buying luxury cabinets to enhance the overall ambiance of the bathroom. In addition, consumers in the region are now transitioning toward lighting furniture, owing to its high social value and the emergence of concept bathrooms. Furthermore, interior designers offer consultation services to consumers regarding installing bathroom mirror cabinet fixtures in a home. The availability of such service through an online platform for concept bathroom fixtures and furniture is expected to fuel the revenue growth for bathroom mirror cabinets in Europe.

North America had a significant portion of the market, with the U.S. dominating the region's revenue-contributing landscape. It is estimated that a growing emphasis on residential construction and an increase in luxury hotels, household development, and the remodeling will drive product demand in this region over the forecast period. In addition, the hospitality industry's growing need for expensive, multifunctional bathroom cabinets is anticipated to propel regional market expansion in the upcoming years, supported by significant steps taken by key manufacturers in raw material innovation and the incorporation of cutting-edge technology in product manufacturing. In the U.S., an individual's furnishing and durable expenditure has grown over the past few years. Moreover, private residential construction in the U.S. is witnessing growth owing to economic recovery. The factors mentioned earlier are responsible for developing the bathroom mirror cabinets market in the U.S. Furthermore, expanding middle class in Mexico region will further augment the market expansion.

Urbanization and changing lifestyles boost the market growth in the LAMEA region. In addition, an increase in disposable income is expected to provide lucrative opportunities for the bathroom mirror cabinets market. Many manufacturers are entering this region owing to significant profitability and increasing offshore demand from the U.S. and European countries. Consumers from Middle East countries would be prime buyers of premium, bespoke bathroom mirrors cabinet and are expected to contribute toward the growth of LAMEA during the forecast period. Furthermore, growth in the hospitality and tourism sector, especially in Middle Eastern countries, exhibits a dynamic market from the commercial segment.

Segmental Analysis

The global bathroom mirror cabinets market is segmented by material, type, and sales channel.

Based on material, the global bathroom mirror cabinets market is bifurcated into steel and polymer. 

The polymer segment owns the highest market share and is projected to exhibit a CAGR of 5.8% over the forecast period. Polymer-based bathroom mirror cabinets offer versatile storage options for miscellaneous items in the household. These bathroom mirror cabinets are popular among households owing to their economical pricing, fair durability, and compact nature. They are also moisture and termite resistant. In addition, the polymer segment holds a majority share in the global bathroom mirror cabinets market. This can be attributed to the multiple benefits offered by this material. For instance, polymer cabinets provide easy maintenance and are resistant to water and humid environment. Further, polymers are waterproof and non-corrosive. These factors are expected to increase the adoption of polymer cabinets during the forecast period.

Steel bathroom mirror cabinets are sold based on floor standing and wall mounting. They offer strong durability over other materials, which makes them popular among commercial end users such as hotels, hospitals, catering, and food service providers. Steel cabinets are made entirely with steel components and are heavier than polymer ones. They also have a much more elegant look when compared the polymer cabinets. These cabinets may require more maintenance as they may rust due to moisture but they are very durable. The market for the steel cabinet segment is driven by growth in people's preference for elegant-looking bathrooms.

Based on type, the global bathroom mirror cabinets market is divided into single-door and multi-door. 

The single-door segment is responsible for the largest market share and is anticipated to exhibit a CAGR of 5.1% over the forecast period. Single-door bathroom mirror cabinets are majorly available in the wall-mount storage format. These cabinets store small housed items such as grooming, cosmetics, and personal products. The compact and easy accessibility of single-door cabinets makes them popular among residential end users. In addition, the single-door bathroom mirror cabinets are close in shape and size and provide great utility in constrained bathroom space. Single-door bathroom cabinets occupy very little space and are prevalent, especially in the residential segment. Furthermore, single-door bathroom mirror cabinets are cheaper than their counterparts, which is also one of the key factors expected to boost the market growth for single-door cabinets.

Multi-door bathroom mirror cabinets are space-consuming over single-door cabinets. However, these cabinets are more popular among premium consumers owing to their bespoke nature. Multi-door cabinet offers varied customized options to the end-users. It provides various features such as lights, shaver sockets, and others, owing to its ample space and premium price points. The multi-door bathroom mirror cabinets have much space within them. Furthermore, demister pads are now actively used in multi-door bathroom mirror cabinets to rapidly heat and effectively demist mirror surfaces. Multi-door cabinets offer a lot of room, but they are more expensive than single-door cabinets, which are utilized primarily in commercial environments as a luxury item.

Based on sales channels, the global bathroom mirror cabinets market is segmented into offline channels and online channels. 

The hypermarket/supermarket segment owns the highest market share and is estimated to exhibit a CAGR of 5.2% during the forecast period. Offline channels are retail outlets that focus on selling a particular product range and associated items. Specialty stores dominate the bathroom vanity market. In addition, most offline store business operators maintain considerable depth in the type of product they specialize in selling, usually at premium prices, and provide higher service quality and expert guidance to shoppers. Consumers typically prefer to analyze and evaluate the product before purchasing, boosting retail sales through offline channels.

The convenience offered by e-commerce is a crucial reason behind the success of online portals in the bathroom mirror cabinets market. E-commerce technology reduces consumer search costs, making it virtually easier to compare different products and prices. In addition, e-commerce enables new distribution technologies that reduce supply chain and distribution costs. The study analyzes the e-commerce business and has observed that it is expected to grow significantly in the coming years. Unlike physical stores, online stores allow companies to reach consumers in other countries and remote locations. These factors are predicted to boost the growth of this segment during the forecast period.

Recent Developments

• July 2022- Robern introduced new designs to the Robern Craft Series, a collection of seven coordinating vignettes that debuted in June 2021 and included bathroom vanities, linen cabinets, and decorative mirrors. Three new medicine cabinets, a pioneer in the series, and a new mirror design are among the latest additions.
• September 2022- FAB Glass and Mirror, a renowned glass manufacturer, partnered with several local glass companies. The brand intends to help other glass companies increase sales by providing high-quality glass items at affordable costs.