Gurgaon Samachar

WHAT WILL BE THE SIZE OF THE BODY DRYER MARKET FROM 2019-2025? | GRAND VIEW RESEARCH, INC.

 Breaking News
  • No posts were found

WHAT WILL BE THE SIZE OF THE BODY DRYER MARKET FROM 2019-2025? | GRAND VIEW RESEARCH, INC.

April 14
22:16 2020
WHAT WILL BE THE SIZE OF THE BODY DRYER MARKET FROM 2019-2025? | GRAND VIEW RESEARCH, INC.

Grand View Research, Inc. – Market Research And Consulting
Asia Pacific is expected to register the fastest CAGR of 6.82% over the forecast period. Rising demand for body dryers from commercial spaces such as hotels, spas, sports centers, hospitals and gyms in countries such as China and India. Rising purchasing power of consumers coupled with demand for premium personal hygiene products is expected to further propel the regional growth.

The global body dryer market size is expected to reach USD 4.23 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.81% during the forecast period. Rising awareness regarding personal hygiene and high demand for convenience products is expected to drive the growth. The rapid growth of the commercial sector is projected to further fuel the product demand. The rising purchasing power of consumers in developing countries such as China and India is also expected to positively influence the demand for body dryers.

The rapid growth of the wellness industry coupled with rising demand for premium hygiene products is expected to drive market growth. A steady rise in the working population along with increasing disposable income is expected to positively to influence the demand for body dryers. Sharing towels, especially at public and commercial places increases the risk of disease transmission. This factor is expected to fuel the product demand in near future. Rising demand from disabled and elderly people is expected to create growth opportunities for the market in the near future. The rising standard of living and demand for the smart washroom is expected to fuel the growth further.

Asia Pacific body dryer market is anticipated to witness the fastest CAGR over the forecast period, due to a rise in demand from hotels, spas, and wellness centers in the region. An increasing number of domestic manufacturers to cater to the rising demand for body dryer systems is expected to create growth opportunities for the regional market. Factors such as the rising purchasing power of consumers and preference for premium products for personal hygiene are likely to further propel the regional growth.

Rising consumer awareness regarding the advantages of using body dryer is excepted to encourage innovation and new product launches. Major market players include Avant Innovations, Dolphy India Private Limited, Full Body Dryer LLC, Haystack Dryers, Kingkraft, Orchids International, Regal Care Shower Trays Ltd., Tornado Body Dryer, LLC, Valiryo, and AKW Medi-Care Ltd. Key players engage in product development, regional expansions, and joint ventures to gain greater market share. For instance, in 2018, Valiryo started its first joint venture in Germany to open up new markets and develop marketing and sales strategies.

“Read Report Summary, Toc, Market Segmentation, Research Methodology, Request a Free Sample“ Body Dryer Market Click the link below:
www.grandviewresearch.com/industry-analysis/body-dryer-market

U.S. body dryer Market

 

Further key findings from the report suggest:

  • On the floor, the product segment is projected to ascend at the fastest CAGR of 5.11% over the forecast period

  • The commercial application segment of the body dryer market held the leading revenue share of 86.33% in 2018

  • North America held the leading market share of 38.78% in terms of revenue and is projected to continue leading over the forecast period

  • Asia Pacific is expected to register the fastest CAGR over the forecast period, owing to increasing disposable income of the consumer in countries such as India, South Korea, China, and Japan

Have Any Query? Ask Our Experts (Inquiry Before Buying): www.grandviewresearch.com/inquiry/6588/ibb

Global body dryer Market

 

Curious to know more? (Request a Free Sample) Click the link below: 

www.grandviewresearch.com/industry-analysis/body-dryer-market/request/rs1

Grand View Research has segmented the global body dryer market on the basis of product, application, and region:

Body Dryer Product Outlook (Revenue, USD Million, 2015 – 2025)

  • On Floor

  • Wall Mounted 

Body Dryer Application Outlook (Revenue, USD Million, 2015 – 2025)

  • Residential

  • Commercial

Body Dryer Regional Outlook (Revenue, USD Million, 2015 – 2025)

  • North America

  • Europe

  • Asia Pacific

  • Central & South America

  • Middle East & Africa

Thanks for reading this article; you can also get individual chapter wise section or region wise report versions like North America, Europe or Asia.

If you need specific information, which is not currently within the article, we will provide it to you as a part of customization

Request for Customization: www.grandviewresearch.com/request-for-customization/6588/rfc

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/body-dryer-market


Warning: count(): Parameter must be an array or an object that implements Countable in /home/haridwartoday/gurgaon-samachar.com/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

Categories