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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Towel Warmers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global towel warmers market grew at a CAGR of around 7% during 2015-2020. A towel warmer, or heated towel rack, refers to a bath accessory used for heating the towels before use. It is a rail connected to a hot-water source and designed to disinfect the towel and enhance the aesthetic appeal of the washroom. The towel warmers are commonly available in electric and hydronic variants, which are produced using stainless steel and require minimal maintenance. They are commonly placed in bathrooms, indoor pool areas, laundry and spa rooms and also act as a space heater as they provide supplemental heat to the room it is placed in.

Rapid urbanization and increasing remodeling and renovation activities of commercial and residential complexes, represent as the key factors driving the market growth. Furthermore, rising awareness among the masses regarding hygiene and preventing the growth of germs on wet towels, is also contributing to the market growth. Towel warmers eliminate coliform bacteria, mold and mildew spores from towels and minimize the risks of contamination and infections through damp towels. Additionally, various product innovations, such as the launch of programmable and Wi-Fi-enabled towel warmers that can be turned on or off as per the requirement of the consumer, are acting as other growth-inducing factors. Product manufacturers are also developing durable and energy-efficient variants using recyclable, corrosion-resistant and high-grade stainless steel. Other factors, including rising expenditure capacities of the consumers, along with aggressive promotional activities by product manufacturers through online retail platforms, are anticipated to drive the market further. Looking forward, IMARC Group expects the global towel warmers market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global towel warmers market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type and application.

Breakup by Type:

  • Electric
  • Hydronic
     

Breakup by Application:

  • Residential
  • Commercial
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Apollo Radiators Limited, Korado a.s., Myson Inc., Pitacs Limited, Porcelanosa SA (SORMAN SA), Radox Radiators Ltd., Runtal North America Inc. (Zehnder Group AG), Stelrad Radiator Group Limited, Tangshan St. Lawrence Radiator Manufacturing Co. Ltd. and Vogue (UK) Limited.

Key Questions Answered in This Report:

  • How has the global towel warmers market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global towel warmers market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global towel warmers market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Towel Warmers Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Electric
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Hydronic
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Application
    7.1    Residential
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
            8.1.1.1 Market Trends
            8.1.1.2 Market Forecast
        8.1.2 Canada
            8.1.2.1 Market Trends
            8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
            8.2.1.1 Market Trends
            8.2.1.2 Market Forecast
        8.2.2 Japan
            8.2.2.1 Market Trends
            8.2.2.2 Market Forecast
        8.2.3 India
            8.2.3.1 Market Trends
            8.2.3.2 Market Forecast
        8.2.4 South Korea
            8.2.4.1 Market Trends
            8.2.4.2 Market Forecast
        8.2.5 Australia
            8.2.5.1 Market Trends
            8.2.5.2 Market Forecast
        8.2.6 Indonesia
            8.2.6.1 Market Trends
            8.2.6.2 Market Forecast
        8.2.7 Others
            8.2.7.1 Market Trends
            8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
            8.3.1.1 Market Trends
            8.3.1.2 Market Forecast
        8.3.2 France
            8.3.2.1 Market Trends
            8.3.2.2 Market Forecast
        8.3.3 United Kingdom
            8.3.3.1 Market Trends
            8.3.3.2 Market Forecast
        8.3.4 Italy
            8.3.4.1 Market Trends
            8.3.4.2 Market Forecast
        8.3.5 Spain
            8.3.5.1 Market Trends
            8.3.5.2 Market Forecast
        8.3.6 Russia
            8.3.6.1 Market Trends
            8.3.6.2 Market Forecast
        8.3.7 Others
            8.3.7.1 Market Trends
            8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
            8.4.1.1 Market Trends
            8.4.1.2 Market Forecast
        8.4.2 Mexico
            8.4.2.1 Market Trends
            8.4.2.2 Market Forecast
        8.4.3 Others
            8.4.3.1 Market Trends
            8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Apollo Radiators Limited
            13.3.1.1 Company Overview
            13.3.1.2 Product Portfolio
        13.3.2    Korado a.s.
            13.3.2.1 Company Overview
            13.3.2.2 Product Portfolio
        13.3.3    Myson Inc.
            13.3.3.1 Company Overview
            13.3.3.2 Product Portfolio
        13.3.4    Pitacs Limited
            13.3.4.1 Company Overview
            13.3.4.2 Product Portfolio
        13.3.5    Porcelanosa SA (SORMAN SA)
            13.3.5.1 Company Overview
            13.3.5.2 Product Portfolio
        13.3.6    Radox Radiators Ltd.
            13.3.6.1 Company Overview
            13.3.6.2 Product Portfolio
        13.3.7    Runtal North America Inc. (Zehnder Group AG)
            13.3.7.1 Company Overview
            13.3.7.2 Product Portfolio
        13.3.8    Stelrad Radiator Group Limited
            13.3.8.1 Company Overview
            13.3.8.2 Product Portfolio
        13.3.9    Tangshan St. Lawrence Radiator Manufacturing Co. Ltd.
            13.3.9.1 Company Overview
            13.3.9.2 Product Portfolio
        13.3.10    Vogue (UK) Limited
            13.3.10.1 Company Overview
            13.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Towel Warmers Market: Major Drivers and Challenges
Figure 2: Global: Towel Warmers Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Towel Warmers Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Towel Warmers Market: Breakup by Type (in %), 2020
Figure 5: Global: Towel Warmers Market: Breakup by Application (in %), 2020
Figure 6: Global: Towel Warmers Market: Breakup by Region (in %), 2020
Figure 7: Global: Towel Warmers (Electric) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Towel Warmers (Electric) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Towel Warmers (Hydronic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Towel Warmers (Hydronic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Towel Warmers (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Towel Warmers (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Towel Warmers (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Towel Warmers (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: North America: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: North America: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: United States: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: United States: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Canada: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Canada: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Asia-Pacific: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Asia-Pacific: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: China: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: China: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Japan: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Japan: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: India: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: India: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: South Korea: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: South Korea: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Australia: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Australia: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Indonesia: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Indonesia: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Others: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Others: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Europe: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Europe: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Germany: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Germany: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: France: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: France: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: United Kingdom: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: United Kingdom: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Italy: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Italy: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Spain: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Spain: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Russia: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Russia: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Others: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Others: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Latin America: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Latin America: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Brazil: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Brazil: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Mexico: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Mexico: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Others: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Others: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Middle East and Africa: Towel Warmers Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Middle East and Africa: Towel Warmers Market: Breakup by Country (in %), 2020
Figure 63: Middle East and Africa: Towel Warmers Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Global: Towel Warmers Industry: SWOT Analysis
Figure 65: Global: Towel Warmers Industry: Value Chain Analysis
Figure 66: Global: Towel Warmers Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Towel Warmers Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Towel Warmers Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Towel Warmers Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Towel Warmers Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Towel Warmers Market: Competitive Structure
Table 6: Global: Towel Warmers Market: Key Players

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