Towel Market Report 2021-26, Size, Growth, Share, Trends & Forecast

According to IMARC Group’s latest report, titled “Towel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global towel warmers market grew at a CAGR of around 7% during 2015-2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

A towel warmer is a bath accessory utilized to heat the towels before use. It is a rail connected with a hot-water source, designed to disinfect the towel and improve the aesthetic appeal of the washroom. The towel warmers are generally available in electric and hydronic variants, which are manufactured using stainless steel and require minimal maintenance. They are commonly placed in bathrooms, laundry and spa rooms, indoor pool areas and also act as a space heater as they provide supplemental heat to the room it is placed in.

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Market Trends

Rapid urbanization and the rising expenditure capacities of the consumers are primarily driving the market growth. Furthermore, the growing awareness among the masses towards hygiene and preventing the growth of germs on wet towels is also augmenting the product demand. Towel warmer eliminates the coliform bacteria, mold and mildew spores from towels and reduces the risks of infections through damp towels. Additionally, the introduction of IoT-based and WiFi-enabled towel warmers that can be operated as per the requirement of the customers is further propelling the market growth. Various other factors, including the rising construction of modern commercial and residential spaces along with the rapid development of durable and energy-efficient variants, are anticipated to further drive the market growth in the coming years.

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List of Key Companies Covered in this Market Report:

• Apollo Radiators Limited
• Korado a.s.
• Myson Inc.
• Pitacs Limited
• Porcelanosa SA (SORMAN SA)
• Radox Radiators Ltd.
• Runtal North America Inc. (Zehnder Group AG)
• Stelrad Radiator Group Limited
• Tangshan St. Lawrence Radiator Manufacturing Co. Ltd.
• Vogue (UK) Limited.

The report has segmented the market on the basis of type, application and geography.

Breakup by Type:

• Electric
• Hydronic

Breakup by Application:

• Residential
• Commercial

Breakup by Geography:

• North America (U.S. & Canada)
• Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
• Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
• Latin America (Brazil, Mexico)
• Middle East & Africa

Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2021- 2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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