It is expected to expand at a compound annual growth rate (CAGR) of 10.2% from 2021 to 2028. With the increasing expansion of real estate as well as commercial buildings, the bathroom accessories industry is bound to receive a major boost, thereby driving the demand for bathroom accessories. Furthermore, rising disposable income and changing consumer lifestyles in emerging markets such as China and India are expected to stimulate market growth in the coming years. For example, global spending on leisure travel and tourism in 2019 was estimated at $4,687 billion, according to Knoema. This shows that consumers are increasingly willing to pay for a premium lifestyle, ultimately expanding the reach of the market. Rising spending on home improvement projects or home remodeling is driving product demand. The trend is largely due to rising home prices and historically low mortgage rates. Rising home values ​​doubled homeowners' equity over the five-year period to 2019, suggesting a surge in home improvement spending power. Existing home sales rose 10.5% year over year in August 2020 to a seasonally adjusted annual rate of 6 million, according to the National Association of Realtors (NAR).  Likewise, new home sales surged 43.2% year over year in August 2020 to a seasonally adjusted annual rate of 1,011,000 units, according to the U.S. Census Bureau. Additionally, home prices in Canada rose 4.6% year-over-year in November 2020, following a 3.9% year-over-year increase in the previous month. Additionally, the increase in the number of bathrooms in the average U.S. home has led to greater adoption of newer plumbing fixtures. The number of bathrooms per capita in the United States has doubled over the past half century. Additionally, the percentage of homes with 10 or more bathrooms has doubled over the past decade, according to a January 2020 blog from The Atlantic. Of the 903,000 single-family homes built in 2019, 32,000 had one and a half bathrooms or fewer, and 296,000 had three or more bathrooms, according to the U.S. Census Bureau. This trend is expected to expand the demand for pipe fittings. Furthermore, the growth of the portable bathroom industry presents a significant opportunity for manufacturers to grow the bathroom accessories market. According to the International Portable Hygiene Association, there were 3.6 million portable restrooms in use worldwide in 2019, with the number in English-speaking North America ranging between 2 million and 2.2 million that year. Hence, the increasing construction activities in the industry present several growth prospects for the global market.