Europe 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 Europe Towel Warmers Market would witness market growth of 6.4% CAGR during the forecast period (2022-2028).
Electric and hydronic heated towel racks are the two varieties available. Water is used in hydronic towel warmers to heat the rack. They have to be connected to hot-water plumbing as a result. According to DIY.com, replacing the existing hydronic radiator with a floor-mounted hydronic towel warmer is the simplest installation method. It won't need to remove flooring or empty the system because of this.
Electric and hydraulic are the two main categories. Both are energy-efficient, efficiently warm the bar from the inside out, and use little power. Many also have timers that turn them off automatically at predetermined intervals and thermostats that let control how much heat they receive. They can be used to hang a variety of items, including sarongs, bathrobes, and beach towels.
The electrics are a separate piece of machinery that runs independently from the heating system. These include conductive low-voltage elements inside the device that give it its distinctive warmth; some have wires, while others have water or oil. In contrast, a radiator or hot water pipes are used to link hydraulics. That's all there is to it: hot water travels through the pipe, heating it evenly and consistently. Some people have even used small constructions with exposed pipes as a towel to their advantage.
The hospitality and tourism industry, which contributes £66 billion in GVA and employs about 3 million people, is a crucial pillar of the UK's overall economic and social success. While the industry is among the top contributors to the UK's economy and employers, there are reasons to think that productivity performance has room to grow. DCMS is eager to gain a detailed overview of the sector workforce, including a breakdown of the specific skill gaps and their distribution, to assist in more effective delivery in this area.
The Germany market dominated the Europe Towel Warmers Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $119.7 million by 2028. The UK market is experiencing a CAGR of 5.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Towel Warmers Market will Hit $1.3 Billion by 2028, at a CAGR of 6.8%
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:
- Rest of Europe
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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