A recent report published by Infinium Global Research on body dryer market provides an in-depth analysis of segments and sub-segments in the global as well as regional body dryer market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional body dryer market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global body dryer market. According to the report, the global body dryer market is projected to grow at a CAGR of 3.5% over the forecast period of 2019-2025.
The key players in the body dryer market are introducing new and innovative body dryers that attract consumers. Companies are adopting strategies such as merger, acquisition, partnership, and new product launches to maximize their market share. Companies are focusing on consumers to understand their convenience and comfort. They mainly targeted spas, sports centers, homes, gyms, and pools.
The improved lifestyle of consumers encourages them to prefer luxury goods and quality goods like body dryers that contribute to the growth of the body dryer market. The growing urbanization propels the growth of the body dryer market. The rising awareness about personal hygiene among consumers contributes to the growth of the body dryer market. Body dryers are useful for people with limited mobility and disability that fuel the growth of the body dryer market. The growing awareness about body dryers and its hygiene benefits promote the growth of the body dryer market. On the other hand, substitute products for body dryers like towel, wipes are easily available in the market, which hampers the growth of the body dryer market. High costs of body dryer restraints the growth of the body dryer market. Moreover, technological advancement and the rising popularity of body dryers create novel opportunities for the growth of the body dryer market.
On the basis of geography, the body dryer market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to be dominant in the global body dryer market. The rising urbanization and rapid adoption of technically advanced devices in North America, contribute to the growth of the North America body dryer market. Europe is anticipated to grow in the global body dryer market with a healthy CAGR over the forecast period. The increasing awareness about personal hygiene products in Europe propel the growth of the body dryer market in Europe. Asia-Pacific region is growing in the global dryer market.
The report on global body dryer market covers segments such as type, and end use. On the basis of type, the sub-markets include wall mounted, and on floor. On the basis of end use, the sub-markets include residential, and commercial.
The report provides profiles of the companies in the market such as Avant Innovations, Dolphy India Private Limited, Full Body Dryer LLC, Haystack Dryers, Indiegogo, Inc., Kingkraft, Orchids International, Regal Care Shower Trays Ltd., Tornado Body Dryer, LLC, Valiryo, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of body dryer market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.