The heated towel rail market is anticipated to expand at a CAGR of 7.00% from 2021 to 2028, when it is projected to reach a value of USD 1,774.11 million. The heated towel rail market research from Data Bridge Market Research offers analysis and insights into the numerous elements that are anticipated to be present throughout the course of the forecast period as well as their effects on market growth. The market for heated towel rails is expanding quickly due to rapid urbanisation in the world.
One of the key reasons propelling the growth of the heated towel rail market is the rise in the building of smart homes due to the luxurious lifestyle being adopted by people all over the world. The popularity of heated towel rails among consumers is increasing as a result of technological advancements and improvements in bathroom accessory designs, and heated towel rails are becoming a more common fixture in new modern apartments and homes. These factors all contribute to the market’s rapid expansion.
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Heated Towel Rail Market Scope and Market Size
The heated towel rail market is segmented on the basis of type, application, and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, the heated towel rail market is segmented into electronic and hydronic.
On the basis of application, the heated towel rail market is segmented into residential and commerial.
Global Heated Towel Rail Market Country Level Analysis
The heated towel rail market is analyzed and market size, volume information is provided by country, type, application, and distribution channel as referenced above.
The countries covered in the global heated towel rail market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the heated towel rail market because of the higher instances of low temperatures and increased tourism within the region. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 because of the rise in the investments in various sectors in the region.
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Competitive Landscape and Heated Towel Rail Market Share Analysis
The major players covered in the heated towel rail market reports are:
Amba Products., WarmlyYours.com, Inc., Warmrails, Vogue UK, Margaroli Srl, Zehnder Group AG, ECOLEC, Kudox, Jeeves Heated Towel Rails, PORCELANOSA Grupo, Bathroom Butler, Runtal North America, Inc., myson., Saint Lawrence, Wesaunard towel warmers, Apollo Radiators, KORADO, Stelrad, Radox Radiators Ltd, Pitacs Limited., Zhejiang Homebase Intelligent Technology Co.,Ltd., Ragaini Radiatori S.p.a., and Arblu, among other domestic and global players.
Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand.
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