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Bathroom Heaters Market Type (Wall-mounted Heater, Ceiling-mounted heater, Portable Heater) Application (Commercial, Residential, Industrial) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A08026
Pages: NA
Feb 2021 | 151 Views
 
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COVID-19

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A bathroom heater is an indispensable household equipment used for warming the bathroom. It provides a comfortable and perfect bathing experience. With the usage of smart technology, it adjusts the temperature according to the size of the bathroom. This equipment is very essential for bathing not only at low temperatures, but is also suitable to use throughout the year as it adjusts the heat according to the temperature of the surroundings. The rise in the usage of IoT is expected to boost the growth of bathroom heaters market globally.

Market scope and structure analysis:

               Report Metric

                                          Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Type, Application, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

  Companies covered

TOTO, Villeroy &Boch, AIRMATE, Roca, Inax, Kohler ,Duravit ,American Standard, ICOT-RYOWA, Appollo, Panasonic, Haier and AUX,CRW, Joyou, Huida, Hansgrohe, HCG, MAAX, Dongpeng, and Jomoo

 

Covid-19 Scenario Analysis:

  • The outbreak has severely affected the construction industries, which need a large amount of raw materials, hence due to regulations in the trade, the bathroom heaters market is in a state of loss.
  • The ultimate target markets such as hotels and spa centres are closed, hence regulating the sales of the bathroom heaters.
  • Although focusing on expanding E-commerce channels can accelerate the sales post COVID-19.

Top Impacting Factor: Market Scenario Analysis, Trends, Drivers and Impact Analysis

A considerable increase in the living standards of people and rise in population of Generation X fuel the growth of the bathroom heaters market. The upgradation of product quality and its effectiveness, with the introduction of improved capabilities of product boost the market growth. In addition, increase in number of hotels, and preference for modern bathrooms have facilitated the growth of these amenities. There is an increase in sales due to advancement in technology. The bathroom heaters provide sunbathing experience at one’s own place. It is economical in nature as it provides heating, ventilation, and decoration to the bathroom.

The bathroom heaters allow the facility of heating the bathroom without turning the whole heating system of home. The moisture in the bathroom causes fog in mirrors and keeps the vanities and fixtures moist, hence the bathroom heaters throw away the moisture and keep these fixtures dry and is easy to install.

According to many medical specialists, the bathroom heaters provide a therapy to the mind. It also helps in detoxifying tissues & cells and healing the wounds. On the other hand, there are many restraints in its growth like skin irritation and electricity consumption .But due to improved technology, the manufacturers have introduced infrared technology which adjusts the heat of the room and does not allow the excess radiation of heat.

The investment in technology and innovation, continuous research & development, product standardisation, rise in buyer mindfulness, rise in living standards of the people and increase in the disposable income is anticipated to stimulate the demand for this equipment.

The global bathroom heaters market trends are as follows:-

New product launches to flourish the market

New products with improved features boost the adoption of bathroom heaters among the customers. The manufacturers are focusing on improving the overall functionality of the products. Panasonic, a leading market player of bathroom heaters market has introduced bathroom heaters, which consume less electricity and have a long life. These kind of improved products with salient features generate a wide customer base.

Surge in usage in household sectors

The inclination of people toward modernization has facilitated the bathroom heaters market to grow at a considerable rate. Huge revenue for bathroom heaters is generated from the households. The easy installation, high convenience, and guarantee of these products urge the people for their usage. The advanced technology and introduction of new variants in the product portfolio generate new opportunities and prospects.

Key Segments covered:

                    Segments

                                Sub-segments

  Type

  Wall-mounted Heater

  Ceiling-mounted heater

  Portable Heater

  Application

  Commercial

  Residential

  Industrial

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the bathroom heaters market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bathroom heaters market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the bathroom heaters market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed bathroom heaters market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the Bathroom Heaters Market Research Report:

  • What are the leading market players active in bathroom heaters market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
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