Latin America Heated Towel Rail Market Size & Outlook
Latin America heated towel rail market, 2016-2027 (US$M)
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Latin America heated towel rail market highlights
- The Latin America heated towel rail market generated a revenue of USD 39.9 million in 2019.
- The market is expected to grow at a CAGR of 5% from 2020 to 2027.
- In terms of segment, electric was the largest revenue generating product in 2019.
- Hydronic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 39.9 million |
| Market revenue in 2027 | USD 59.0 million |
| Growth rate | 5% (CAGR from 2019 to 2027) |
| Largest segment | Electric |
| Fastest growing segment | Hydronic |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electric, Hydronic |
| Key market players worldwide | Zehnder Group AG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.3% of the global heated towel rail market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 369.8 million by 2027.
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Heated Towel Rail Market Scope
Heated Towel Rail Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America heated towel rail market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heated towel rail market will help companies and investors design strategic landscapes.
Electric was the largest segment with a revenue share of 70.43% in 2019. Horizon Databook has segmented the Latin America heated towel rail market based on electric, hydronic covering the revenue growth of each sub-segment from 2016 to 2027.
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Our clientele includes a mix of heated towel rail market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America heated towel rail market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America heated towel rail market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America heated towel rail market size, by country, 2016-2027 (US$M)
Latin America Heated Towel Rail Market Outlook Share, 2019 & 2027 (US$M)
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