Report Code: A11760 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Heated Towel Rail Market
Request Now !A heated towel rail, sometimes known as a towel rails radiator, is a fixture that heats towels before they are used. For many years, European hotels have utilized them as towel dryers and racks in combination. The towel warmer is a bathroom heater that may be used to dry and heat towels while still being environmentally friendly.Heated towel rails are becoming more popular as a result of technology breakthroughs and changes in the design of bathroom accessories. Furthermore, increased demand for heated towel rails is being driven by a growing preference for moist-free and warm bathrooms with energy-efficient solutions all around the world.A movement in customer preference toward building functional as well as stylish bathrooms that include the latest trends in heating technology drives the market growth.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
The residential market is expected to increase steadily.
Towel warmers can be used in both household and business settings. Because of rise in urbanization in developing economies around the world, such as India and China, the residential segment is expected to rise strongly till the end of the projection period.Furthermore, during the projection period, the expanding middle-class population, combined with an improvement in people's living standards, would have a beneficial impact on the expansion of this segment.
Asia-Pacific is expected to grow at a high rate
Because of early adoption of technology and the presence of prominent market players in these countries, the North American and European regions are expected to hold significant market shares. Furthermore, the region's market expansion is anticipated to experience growth in the coming five years by the people's increased spending power.Rapid urbanization and improvements in people's living standards, particularly in the region's growing countries such as India, China, and Indonesia, are among the primary factors driving the market expansion in the Asia-Pacific region.
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Heated Towel Rail Market Report Highlights
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Key Market Players | Ecolec, Warmrails, Amba Products, WarmlyYours.com Inc., Zehnder Group AG, Bathroom Butler, Myson Inc., Vogue UK Ltd., Kudox, Apollo Radiators |
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