Global Shoe Dryers Market to grow at a CAGR of 2.88% during the period 2017-2021
According to the report, stable economic conditions worldwide have resulted in a change in the consumer attitude toward holiday and tourism. Increased disposable income has encouraged people to travel more, take vacations, and engage in adventure activities. High disposable income is the sign of the strong economy, which leads to increased spending on leisure activities. A strong economy also shows growth on the supply side, meaning the creation of a business to meet or create demand. Adventure activities such as skiing, snowboarding, hiking, backpacking, and trekking are the most common among consumers. The level of danger involved in these activities is very high, and a person participating in them needs to be well equipped to remain safe. It is important to keep shoes dry during such activities, and many end-users prefer to travel with portable shoe dryers to keep their shoes dry all the time.
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Further, the report states that there are many alternative methods available, which are cheaper than the shoe dryer. For instance, one of the most popular ways among users to dry their shoes is dryer machine. Many people put their wet shoes in the dryers to dry or put the shoes in the polyester dry bag and hang the bag on the door of the dryer to prevent damage. Some people prefer putting wads of newspaper inside the shoes and around the shoes. Although the users need to replace the wet paper at regular interval of time; however, it soaks up all the moisture from the shoes and prevents generation of fungus inside the shoes.
About Shoe Dryer
Shoe dryers are used not only by the individuals but also by the gym and fitness clubs. Additionally, there has been an increase in the participation in the adventure sports across the globe. People go for hiking, fishing, trekking and skiing, and other such adventures where there are chances of the shoes getting wet. The manufacturers have also designed portable shoe dryers for such travelers.
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Covered in this report
The report covers the present scenario and the growth prospects of the global shoe dryers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of shoe dryers.
The market is divided into the following segments based on geography:
Global Shoe Dryer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
PEET Shoe Dryer
Other prominent vendors
Meson Global Company
Shenzhen JBB Electronic
Shoe Care Innovations
Thanko Global Technology
Williams Direct Dryers
Foshan Shunde Yongtong Electronics
High disposable income leading to increased demand for shoe dryers
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Low penetration in developing regions
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Growing participation in sports and fitness activities
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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