Towel Warmers Market Key Players & Growth Rate and Forecasts to 2028

The towel warmers market is expected to witness market growth at a rate of 10.5% in the forecast period of 2021 to 2028 and is expected to reach by the value of USD 1,731.60 million by 2028.

A towel warmer is defined as a bath accessory that is utilized for heating the towels before use. It is basically a connected to a hot-water source that is specially designed for disinfecting the towel and enhancing the aesthetic appeal of the washroom. The towel warmers are categorized into electric and hydronic variants, which are produced using stainless steel. They are mostly placed in indoor pool areas, laundry and spa rooms, and bathrooms, and these also act as a space heaters.

The increase in remodeling and renovation activities of commercial and residential complexes acts as one of the major factors driving the growth of towel warmers market. The rise in penetration of towel warmers in new modern-day apartments and homes as a standard fixture, and increase in consumer preference towards creating functional as well as stylish bathrooms escalating the incorporation of latest trends in heating technology accelerate the market growth. The surge in demand for towel warmers owning to its several benefits such as providing added comfort and energy efficiency, lessening the laundry, simplifying storage solution, and eliminating bacteria among others, and rise in trend of towel warmers among population because of the technological improvements and advancements in the designs of bathroom accessories further influence the market. Additionally, increase in number of home improvement projects, millennials buying smart homes, urbanization, and rise in number of spa positively affect the towel warmers market. Furthermore, high demand for spa-like experience with built-in smart fittings and demand for spa-like experience with built-in smart fittings extend profitable opportunities to the market players in the forecast period of 2021 to 2028.

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Global Towel Warmers Market: Major Players
Stylish Radiator
MYSON
Vogue UK
Apollo Radiators
AEON
Stelrad Radiators
Runtal Radiators
Vogue
St.Lawrence
Radox Radiators
Zhejiang Homebase Intelligent Technology

Global Towel Warmers Market: By Types
Electric
Hydronic

Global Towel Warmers Market: By Applications
Commercial
Household

Global Towel Warmers Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Towel Warmers market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Towel Warmers Market Report

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