The market was valued at US$ 608.50 million in 2021 and is projected to reach US$ 812.04 million by 2028.
Towel warmers are appliances used for drying up towels before or after use. The warmers are made of different metals, such as steel, aluminum, stainless, and sometimes brass or copper. These are used to dry the towels, disinfect them, and enhance the aesthetic appeal of the washroom. The towel heaters are commonly used in indoor pool areas, laundry rooms, and spas. It acts as a space heater as it provides supplemental heat to the room.
According to the UN, urbanization will rise across the world and would reach up to 68% by 2050. The people are moving to urban areas due to the increase in employment, higher standard of living, and shift of employment from agriculture. Along with this, the increase in home remodeling activities has had a positive impact on the towel warmer market. According to the Leading Indicator of Remodeling Activity (LIRA), home remodeling and spending have accelerated in 2021 and will remain elevated in 2022. Home remodeling activities have propelled the adoption of smart home appliances, which is increasing the demand for smart towel warmers. The increased adoption of modern urban lifestyle, along with smart, upgraded, and visually appealing product innovation by the manufacturers, is increasing the adoption rate of premium and luxury towel warmers among consumers. Thus, the increased adoption of premium and luxury towels drives the growth of the towel warmer market.
Apollo Radiators; KORADO, a.s.; Pitacs Limited; Radox Radiators Ltd; PORCELANOSA Grupo A.I.E.; Zehnder Group AG; Stelrad; VOGUE (UK) LTD.; St.Lawrence (Tangshan) Metal Products Co.,Ltd., and Purmo Group are among the well-established players operating in the towel warmer market.
Impact of COVID-19 Pandemic on Towel Warmer Market
The COVID-19 pandemic had a negative impact on the consumer goods industry due to the shutdown of manufacturing facilities, difficulty in the procurement of raw materials, and restrictions on logistic operations. Towel warmers are usually made from different metals such as steel, aluminum, stainless steel, and sometimes brass or copper. Thus, the shutdown of manufacturing units producing such raw materials had a negative impact on the manufacturing of towel warmers. However, during the pandemic, the demand for towel warmer increased in the healthcare sector as dry clothing is always essential for medical reasons, and the towel warmer has a quick-drying capacity. Along with this, the recovery of the tourism industry would drive the towel warmer market during the forecast period.
Market Insights
Growing Commercial Application Sector
The increased application of towel warmers in the commercial sector is driving the towel warmer market growth. The increased usage of towel warmers in spas and beauty salons for drying towels, blankets, and sheets is driving the market growth. The towel warmers in the spas are also used for keeping the humidity under control, which helps in enhancing customer service. In sports facilities and gyms, towel warmers are used in the locker rooms to dry damp towels and clothing and to restrict mold growth. The growing spa industry along with an increasing consumer awareness toward health and fitness activities has led to an increased presence of spas, gyms, and sports facilities across the world. Thus, an increased application of towel warmers in the commercial sector drives the growth of the towel warmer market.
Type Insights
Based on type, the towel warmer market is bifurcated into electric and hydronic. In 2020, the electric segment dominated the market. The electric towel warmer provides ease of usage and consumes low energy, which is among the major factors driving the demand for electric towel warmers. Due to the unavailability of a central heating system and lack of space, many business owners prefer purchasing countertop towel warmers with ease of portability. Therefore, electric towel warmers are mostly used in the commercial sector.
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Bottle warmers are a kind of small appliances used for heating breast milk or formula milk to an appropriate temperature for the baby, they can also be used to heat baby food.
Electric bottle warmer would be the best baby bottle warmer for you if you plan on using it at home and need something quick and efficient.
Battery-powered portable bottle warmers have a heating band that wraps around the bottle and is a convenient gadget to have when you are on the go.Due to global gradually slow neonatal growth speed, Bottle Warmer market is enjoying continued moderate single-digit growth.
At present, USA, Europe and China are the main consumption market of Bottle warmers.
Developing countries in Africa, Southeast Asia and South America are emerging market and will be more important in future.
Viewed from the supply side, there are many manufacturers in the Bottle warmers industry, while from the demand side; the current demand for Bottle warmers is growing.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-bottle-warmer-2019-2024-61According to this study, over the next five years the Bottle Warmer market will register a 2.8% CAGR in terms of revenue, the global market size will reach US$ 80 million by 2024, from US$ 70 million in 2019.
Would you like to enter a club chic and modern or in a brothel of Barcelona?
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It is the ultimate in details with large soundproof rooms that contain a tv for the last hour in the room and a towel warmer in the bathroom.
The terrace pool of this hotel presents the characterization of beauty.
People love to go to the Brothels in Barcelona and, in addition, has begun to incorporate this type of activity to an effort to shake up her boring life.
The Brothels Barcelona is always full of fun and joy that you have in your entire life, the place where he began to be popular and more satisfying it became more famous.
The global Wax Warmer Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the wax warmer market include David Oreck Candle Company, Yankee Candle, Candle Warmers Etc, GiGi, Lifestance, Makartt, Parissa, Scent Sationals, Main Stays, Rimports LLC, and etter Homes & Gardens..
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Get more information on "Global Wax Warmer Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/wax-warmer-market/download-sampleMarket DynamicsChanging lifestyles and increased adoption of aromatherapy among the urban population are the key factors driving the wax warmer market.
Many people are increasingly concerned about their homes' ambiance, and extensive research carried out to study the benefits of aromatherapy for better cognitive function, mood enhancement, and brain stimulation in humans will further propel market growth.
