Towel Warmer Market is anticipated to grow at a CAGR of 9.84% through 2031
The increase in renovation and construction of
bathrooms in new modern apartments and commercial sectors, increase in consumer
preferences for functional as well as stylish bathrooms are the leading factors
driving the global towel warmer market during the projected period.
According to TechSci Research report, “Towel Warmer
Market–Global Industry Size, Share, Trends, Competition, Opportunity, and
Forecast, 2021-2031F,” the global towel warmer market is expected to
grow faster during the forecast period. The rising awareness of customers
towards hygiene and preventing the growth of bacteria in a damp towel, which
harms the user's health by causing various health issues like diarrhea,
vomiting, etc., is driving the market growth. Additionally, towel warmers
eliminate coliform bacteria, mold, mildew, and spores and reduce the dangers of
illness and contamination from damp towels, significantly boosting the global
market. In addition, the benefits of heating towels through towel warmers
minimize the time towels take to dampen after each use. As a result, the demand
for towel warmers is increasing.
Another essential aspect driving growth is the development
of a programmable and Wi-Fi-equipped towel warmer that can be turned on or off
based on consumer demand. Additionally, the rising consumer spending capacity
and the expanding manufacturers' promotional efforts via online retail
platforms fuel the market expansion. Furthermore, the leading players are
anticipated to boost the towel warmers market in the upcoming years by creating
robust and energy-efficient variants using recyclable, corrosion-resistant, and
high-grade stainless steel.
Various international and domestic companies are trying to
enhance their market reach by increasing their R&D investment. For
instance, in 2020, Vogue UK, a manufacturer of towel warmers and
radiators, introduced Astute which is advanced, lighter-weight heating
solution. It is composed of aluminium, which is very flexible and easy to
install, and its lightweight core material can be installed on any interior
wall. Also, in 2021, DOACELIFE introduced its Towel Warmer Bucket,
designed to help remove germs from towels and other clothing materials. This
towel warmer distinguishes itself from other towel warmers by its numerous
enticing features and technological advancements. It's the ideal home appliance
for offering a spa-like treatment with towels while keeping the user germ free.
Based on technology, the global towel warmer market is
divided into electronic and hydronic. In terms of sales, the electric segment
dominated the global towel warmer market. Low energy consumption, simple
installation, and ease of use are the main factors influencing the demand for
electric towel warmers. Since many commercial buildings lack central heating
systems and have limited space, many corporate owners prefer to purchase
portable towel warmers.
Based on the region, the market is segmented into North
America, Europe, Asia-Pacific, Middle East & Africa, and South Africa.
Europe holds the largest market share due to the region's cold temperature in
the region, which encourages people to heat their towels for added comfort and
a stress-free environment. Furthermore, because of the region's increased
tourism, Europe's commercial sector has experienced tremendous expansion, which
paved the way for the expanding use of heated towel warmers. In Europe, the
hotel industry is responsible for almost 85% of all tourism. The rapidly
growing hotel industry increases the demand for towel warmers.
Browse over XX market data Figures spread
through XX pages and an in-depth TOC on "Towel
Warmer Market"
The global towel warmer is segmented based on product type,
technology, end-user, and distribution channel, regional distribution and
competitive analysis. The market is divided into cabinet, rail, and bucket
based on product type. Based on technology, the market is further divided into
hydronic and electronic. Based on end user, the market is segmented into spa
& salons, hotels & resorts, gym & fitness center, residential, and
others (swimming pools, hospitals, etc.). Based on distribution channel, the
market is fragmented into supermarkets/hypermarkets, distributor & dealer,
online, and others (direct sales, multi-branded stores)..
Key market players in the global towel warmer
market include:
- Runtal
North America, Inc. (Zehnder Group)
- Korado
Group
- Stelrad Radiator
Group
- Radox
Radiators Ltd
- Pitacs
Limited
- Apollo
Radiators Pvt Ltd
- Tangshan
St. Lawrence Radiator Manufacturing Co. Ltd.
- Vogue
UK
- Myson
Inc.
- Porcelanosa
Group
As part of the Zehnder Group AG, headquartered in
Switzerland, Runtal North America, Inc., is a manufacturer of welded steel
hydronic and electric heating products for residential and commercial purposes.
Runtal North America serves clients globally. Koradi Group is one of the
manufacturers of steel panel heaters and radiators in the Czech Republic and
Europe. The panel radiators RADIK, tube radiators KORALUX, design radiators
KORATHERM, and an extensive selection of convectors are the company's primary
manufacturing programs. The company’s radiators' quality has been verified
over the 50-year history by more than 30 million customers worldwide.
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“The rising demand for advanced bathroom models is one of
the factors driving the global towel warmer market. Also, towel warmers have
various benefits, including quickly drying the towel, making them useful in
cold and humid climates. They also maintain the bathroom hygienic as dry towels
reduce the chance of a damp breeding ground for germs and fungus. Furthermore,
these warmers are energy-saving devices. Also, there has been a significant
increase in the number of gyms, health and fitness clubs, and spa facilities,
which is also increasing the demand for towel warmers.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“Towel Warmer Market – Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, Segmented By Product
Type (Cabinet, Rail, Bucket), By Technology (Hydronic, Electronic), By End User
(Spa & Salons, Hotels & Resorts, Gym & Fitness Center, Residential,
Others (Swimming Pool, Hospitals etc.)) By Distribution Channel
(Supermarkets/Hypermarkets, Distributor & Dealer, Online, Others (Direct
Sales, Multi-Branded Stores), By Region, Competition 2021-2031F”, has
evaluated the future growth potential of towel warmers in the global market and
provides statistics and information on market structure, size, share, and
future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities present in the global towel
warmer market.
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