Body Dryer Market by Type, Opportunity Analysis and Industry Forecast, 2019–2026
Posted by facto on October 8th, 2019
The body dryer market size was valued at ,641.5 thousand in 2018, and is projected to reach ,424.0 thousand by 2026, growing at a CAGR of 3.4% from 2019 to 2026.
Request a Sample Report @ https://www.factomarketinsights.com/sample/168
The global body dryer market witnessed robust growth in the recent past owing to rise in demand for luxury and smart toilets. Hotels and recreational activity centers are the dominant user of body dryers, as they are required to maintain hygiene and cleanliness. Moreover, increased expenditure on leisure activities among populace due to increased income level has risen their visits to hotels and recreational activity centers. This has positively impacted the growth of the body dryer market with increased demand from such sectors.
Rise in disposable income has improved the lifestyle of consumers and helped shift their preference toward luxury & premium products. In addition, convenience offered by body dryers especially for disabled people makes the appliance a necessity for sanitation. Moreover, increase in consciousness of consumers toward personal hygiene boosts the market growth. However, the product is perceived as luxury over hygiene; thus, its high cost limits its adoption. In addition, wide availability of alternatives such as cloth & disposable towels hampers the market growth.
Possession of advanced technological appliances & products has become an essential lifestyle statement for the consumers in the recent years. With technological advancements, the bathroom fixtures have witnessed a significant evolution in the last few years. Smart bathrooms have showcased an inclination in terms of demand generated by nonresidential and residential buildings especially in urban areas.
Global body dryer market is segmented based on type, end use, and region. By type, the market is categorized into wall mounted and on floor. Depending on end use, it is bifurcated into commercial and residential. Currently, the commercial segment dominates the global body dryer market, however, the body dryers are gaining significant popularity in the residential sector, and thus this sector is anticipated to witness the highest growth rate during the forecast period. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Browse This Full Report @ https://www.factomarketinsights.com/report/168/body-dryer-market-amr
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By End Use
Like it? Share it!
About the Authorfacto
Joined: October 7th, 2019
Articles Posted: 231
More by this author