Press release
Smart Drying Racks Market is Estimated to Grow at a CAGR of 5.2% during the forecast period of 2023-2030 :Cognitive Market Research
Smart Drying Racks Market is Estimated to Grow at a CAGR of 5.2% : Cognitive Market Research
- Smart drying racks are becoming popular in the last couple of years. Drying racks are effective in areas facing a space crunch. Convertible drying racks also known as collapsible drying racks that can be used and removed as needed are becoming worldwide. Smart drying racks are remotely controlled through mobile application. Smart drying racks are equipped with LED strips with different color temperature that provides additional light source. The growing acceptance of smart drying racks is the factor boosting the market. It gives protection from rain and other factors has risen with the availability of these racks in variety of configuration, increasing in adoption in the market.
Summary:
- According to Cognitive Market Research, the Global Smart Drying Racks market size was valued at USD 2,766 million in 2022 and is expected to have a (CAGR) of 5.2% from 2023 to 2030.
"To know more The Smart Drying Racks Market statistics click here: https://www.cognitivemarketresearch.com/smart-drying-racks-market-report
Market Dynamics:
- Rising Demand for Small, Effective, and Efficient Racks
The rising demand for small effective and efficient racks that can fit in smaller spaces have increased the demand for portable smart drying racks. Surge in demand for ease while drying clothes in limited areas is one the reasons for the growth of the market. Additionally demand for residential housing have increased at incredible rates with rising urbanization. Demand of small and efficient racks is expected to increase during the period due to growth in number of housing units.
Market Segmentation:
Product Type:
• Free Standing
• Wall Mounted
• Mix
Material Type:
• Wood
• Plastic
• Metal
• Others
Distribution Channel
• Online
• Offline
Companies involved in Global Smart Drying Racks Market:
Xcentrik, Lbest, HK, Mr.Bond, Hotata, Cobbe, ASJ, Xiaomi Corporation,
Get free sample pages of latest published Smart Drying Racks Report 2023:
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News:
- September 2022
In 2022, Xiaomi released a clothes dryer named the Smart Clothes Dryer Pro. The product has been introduced under the MIJIA brand and their moto is to make life simpler and easier.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Smart Drying Racks Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Smart Drying Racks Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Smart Drying Racks Market by Product Type Segmentation Analysis (2018-2030)
• 8.1 Detailed Qualitative Analysis
• 8.2 Global Smart Drying Racks Revenue and Share (%) by Product Type (2018-2030)
8.2.1 Free Standing
8.2.1.1 Global Free Standing Market Share and Revenue (USD Million) for 2018-2030
8.2.2 Wall Mounted
8.2.2.1 Global Wall Mounted Market Share and Revenue (USD Million) for 2018-2030
8.2.3 Mix
8.2.3.1 Global Mix Market Share and Revenue (USD Million) for 2018-2030
Chapter 9 Global Smart Drying Racks Market by Material Type Segmentation Analysis (2018-2030)
Chapter 10 Global Smart Drying Racks Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 11 Global Smart Drying Racks Market Regional Analysis
Chapter 12 North America Smart Drying Racks Market Outlook (2018 - 2030)
Chapter 13 Europe Smart Drying Racks Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Smart Drying Racks Market Outlook (2018 - 2030)
Chapter 15 Latin America Smart Drying Racks Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Smart Drying Racks Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Smart Drying Racks Market TOC click here: https://www.cognitivemarketresearch.com/smart-drying-racks-market-report#table_of_contents
Related Report:
• Electric Drying Racks Market - https://www.cognitivemarketresearch.com/electric-drying-racks-market-report
• Shoe Drying Racks Market - https://www.cognitivemarketresearch.com/shoe-drying-racks-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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