DUBLIN--(BUSINESS WIRE )--The "Global Home Shoe Dryer Market, By Type (Stationary Shoe Dryers, Portable Shoe & Boot Dryers), By Distribution Channel (Online Vs Offline), By Power (Less than 100W, 100-200W, More than 200W), By Pricing, and By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Home Shoe Dryer Market was valued at USD23.61 million in 2021 and is expected to grow at a CAGR of 4.28% in the forecast period, 2023-2027, to reach USD29.97 million by 2027.
The market growth is attributed to the factors such as the growing popularity of the online retail channels and the increased health consciousness among consumers. Also, the rise in the disposable income of middle-class families and the development of an efficient supply chain network by the market players are expected to act as a positive factor for the Global Home Shoe Dryer Market in the forecast period.
Due to high-speed internet penetration and the proliferation of smart devices, the e-commerce industry is gaining popularity across the globe. The hectic schedule of consumers and availability of products at lower prices than the market price makes the consumers shop through online channels. Consumers can easily compare the products based on their specifications, price, and brand and then make the purchasing decisions.
With the adoption of online selling platforms, the home shoe dryer market players were able to expand their global presence and reach remote locations easily. They are adopting attractive marketing strategies to attract customers and inform them about the benefits of using home shoe dryers. Growing online platforms are expected to fuel the growth of the Global Home Shoe Dryer Market in the forecast period.
Years considered for this report:
In this report, the Global Home Shoe Dryer Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Home Shoe Dryer Market, By Type:
Home Shoe Dryer Market, By Power:
Home Shoe Dryer Market, By Pricing:
Home Shoe Dryer Market, By Distribution Channel:
Home Shoe Dryer Market, By Region:
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900