Global Towel Warmers Market Size & Outlook, 2020-2027
Global towel warmers market, 2016-2027 (US$M)
Related Markets
Global towel warmers market highlights
- The global towel warmers market generated a revenue of USD 633.8 million in 2020 and is expected to reach USD 1,125.9 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 8.6% by 2027.
- In terms of segment, electric accounted for a revenue of USD 430.2 million in 2020.
- Electric is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2020.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 633.8 million |
| Market revenue in 2027 | USD 1,125.9 million |
| Growth rate | 8.6% (CAGR from 2020 to 2027) |
| Largest segment | Electric |
| Fastest growing segment | Electric |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electric, Hydronic |
Other key industry trends
- In terms of revenue, the North America accounted for 29.5% of the global towel warmers market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 16.0 million by 2027.
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Towel Warmers Market Scope
Towel Warmers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global towel warmers 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 towel warmers market will help companies and investors design strategic landscapes.
Electric was the largest segment with a revenue share of 67.88% in 2020. Horizon Databook has segmented the Global towel warmers market based on electric, hydronic covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Towel Warmers Type Outlook (Revenue, USD Million, 2016-2027)
- Electric
- Hydronic
- Global Towel Warmers Application Outlook (Revenue, USD Million, 2016-2027)
- Residential
- Commercial
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Target buyers of Global towel warmers market databook
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Our clientele includes a mix of towel warmers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global towel warmers market, including forecasts for subscribers. This global databook contains high-level insights into Global towel warmers market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global towel warmers market size, by regions, 2016-2027 (US$M)
Top 10 countries: Towel warmers market size, 2020 (US$M)
Global towel warmers market share, by type, 2020 & 2027 (%, US$M)
Towel warmers market: Opportunity assessment by country
Global towel warmers market, by region, 2020 (US$M)
Related regional statistics
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