Asia Pacific Towel Warmers Market Size, Share & Industry Trends Analysis Report By Type (Electric and Hydronic), By Application (Commercial and Residential),By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Towel Warmers Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).
Bathroom towel warmers are typically fastened directly to the wall in a vertical position and placed there. There are also swivel towel warmers on the market. These are attached to a pivotal part that enables the device to spin 180 degrees. Last but not least, there are versions of freestanding towel warmers that are easily placed and moved as needed. Steel and aluminum are the two materials that are most frequently utilized to make towel warmers. The heat output ratio between both the two is 1:2 in terms of performance. Accordingly, each steel element heats up at the same rate as the two aluminum ones. On the other hand, despite being more fragile and less strong, aluminum radiators heat up far more quickly than steel ones.
Steel towel warmers are appropriate for complex and sophisticated designs since they are both stronger and easier to machine into attractive and visually acceptable shapes and models. Other differentiating features are the paints and finishing materials, which allow for the creation of colored towel warmers with chromed or polished surfaces in various colors for maximum adequacy to the environment's style. Epoxy powder paints, which are highly resistant to erosion, can be utilized, in particular, for a white or colored towel warmer. On the other hand, the elements go through a galvanic nickel-plating procedure for the chrome versions.
The task of reviewing online applications and giving project-level permission to hotels that are still under construction falls within the purview of the Hotel & Restaurant Division. The Hotel & Restaurant Division also uses the star rating system to categorize open properties. Following this system, hotels are awarded a star rating ranging from one star to three stars, four stars, and five stars, with or without alcohol. Heritage (Basic), Heritage (Classic), Heritage (Grand), and Five Star Deluxe. Legacy Vintage (Classic), Vintage (Basic), and Vintage (Grand).
The China market dominated the Asia Pacific Towel Warmers Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $89.8 million by 2028. The Japan market would display a CAGR of 6.8% during (2022 - 2028). Additionally, The India market is expected to witness a CAGR of 8.2% during (2022 - 2028).
Based on Type, the market is segmented into Electric and Hydronic. Based on Application, the market is segmented into Commercial and Residential. The report also covers geographical segmentation of Towel Warmers market. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Runtal North America, Inc. (Zehnder Group), Korado Group, Stelrad Group plc, Radox Radiators Ltd., Pitacs Limited, Apollo Radiators Ltd., St. Lawrence (Tangshan) Metal Products Co., Ltd., Kartell UK (Brand K Group), Porcelanosa Group, and Purmo Group (Myson, Inc.).
Scope of the Study
Market Segments Covered in the Report:
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Runtal North America, Inc. (Zehnder Group)
- Korado Group
- Stelrad Group plc
- Radox Radiators Ltd.
- Pitacs Limited
- Apollo Radiators Ltd.
- St. Lawrence (Tangshan) Metal Products Co., Ltd.
- Kartell UK (Brand K Group)
- Porcelanosa Group
- Purmo Group (Myson, Inc.)
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