Market Overview:
The global hot water towel radiators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient heating systems, rising awareness about health and hygiene, and growing construction activities across the globe. Based on type, the global hot water towel radiators market is segmented into less than 100 W, 100-500 W, 500-1000 W, and more than 1000W segments. The 500-1000 W segment is expected to grow at a higher CAGR during the forecast period as compared to other segments owing to its high efficiency and ability to provide quick heat up time. Based on application, the global hot water towel radiators market is segmented into hotels, residences, and other applications segments. The hotels segment accounted for a major share of the global hot water towel radiators market in 2017 due to increasing demand for luxurious hotel amenities across different geographies.
Product Definition:
Hot water towel radiators are a type of radiator that uses hot water to heat the room. They are typically installed in bathrooms, where they can be used to warm towels or provide heating for the room.
Less Than 100 W:
The less than 100 W is a type of electric heating system used for towel radiators in bathrooms. It’s an energy efficient solution and helps to reduce the amount of hot water required for a given bathroom size. The less than 100 W product segment has been growing at a steady rate over the past few years, owing to its increasing application in new build homes as well as refurbishment projects across Europe and North America regions.
100-500 W:
100-500 W is a type of heating equipment used for providing heat from the gas or electric supply. It can be used in both commercial and domestic applications. The 100-500 W product range provides an excellent solution to all types of residential, as well as commercial, requirements. These products are available in various sizes and capacities which make them suitable for use in different areas such as small bathrooms, washrooms, kitchen & laundry rooms and large swimming pools area among others.
Application Insights:
Hotels were the major application segment and accounted for more than 70.0% of the global market share in 2017. The product is widely used in hotels, resorts, and other lodging facilities as it provides superior heat transfer efficiency as compared to electric or gas-fired hot water systems. Furthermore, these systems are compact in nature which makes them ideal for limited space hotel applications.
Residential application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing demand from emerging economies such as China, India and Brazil where there is an increase in housing ownership rates coupled with rising middle-class incomes that can support investments for home improvement projects including installing a towel radiator system inside one¢â‚¬â„¢s bathroom or washroom area.
Regional Analysis:
Asia Pacific dominated the global hot water towel radiators market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing construction activities due to growing population and rapid urbanization are some of the major factors driving regional growth. Furthermore, rising disposable income levels and changing lifestyles have led consumers to spend more on leisure activities such as traveling and accommodation, which will drive demand for these products in hotels and residential applications respectively.
Europe accounted for over 25% share of total revenue in 2017 owing to high product adoption rates especially in Germany, U.K.
Growth Factors:
- Increasing demand for energy-efficient heating systems: The global hot water towel radiators market is expected to grow at a CAGR of over 5% during the forecast period. This can be attributed to the increasing demand for energy-efficient heating systems, which is resulting in the growing popularity of hot water towel radiators.
- Rising disposable income: The growth of the global economy has led to an increase in disposable income, thereby fueling the demand for luxury products such as hot water towel radiators.
- Growing awareness about health and hygiene: There is a growing awareness among consumers about health and hygiene, which is leading them to adopt better ways of heating their homes, including using hot water towel radiators.
- Technological advancements: The development of new technologies has led to the introduction of innovative products in the global hot water towel radiators market, thereby driving its growth. For instance, some manufacturers are now offering smart radiator controls that allow users to control their home’s temperature from anywhere in the world via smartphones or tablets. This helps save energy and money while ensuring comfort levels are maintained at all times . 5) Rising construction activities: A rise in construction activities across regions is fuelling demand for Hot Water Towel Radiators as they are used extensively across various applications such as hotels & hospitality industry , healthcare sector etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Water Towel Radiators Market Research Report
By Type
Less Than 100 W, 100-500 W, 500-1000 W, More Than 1000W
By Application
Hotels, Residences, Other
By Companies
Volevatch, Scirocco H, Arblu, Tubes radiationi, Ateliers CINIER, caleido, Antrax IT, FOURSTEEL, IMPERIAL BATHROOMS, mg12, Xòby Metalform, Porcelanosa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Hot Water Towel Radiators Market Report Segments:
The global Hot Water Towel Radiators market is segmented on the basis of:
Types
Less Than 100 W, 100-500 W, 500-1000 W, More Than 1000W
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hotels, Residences, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Volevatch
- Scirocco H
- Arblu
- Tubes radiationi
- Ateliers CINIER
- caleido
- Antrax IT
- FOURSTEEL
- IMPERIAL BATHROOMS
- mg12
- Xòby Metalform
- Porcelanosa
Highlights of The Hot Water Towel Radiators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less Than 100 W
- 100-500 W
- 500-1000 W
- More Than 1000W
- By Application:
- Hotels
- Residences
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hot Water Towel Radiators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hot water towel radiators are a type of heating system that uses hot water to heat the air in a room. The hot water is circulated through coils or tubes in the radiator, which warms the air and makes it possible to use less energy to heat a room.
Some of the major companies in the hot water towel radiators market are Volevatch, Scirocco H, Arblu, Tubes radiationi, Ateliers CINIER, caleido, Antrax IT, FOURSTEEL, IMPERIAL BATHROOMS, mg12, X²by Metalform, Porcelanosa.
The hot water towel radiators market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hot Water Towel Radiators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hot Water Towel Radiators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Water Towel Radiators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hot Water Towel Radiators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hot Water Towel Radiators Market Size & Forecast, 2020-2028
4.5.1 Hot Water Towel Radiators Market Size and Y-o-Y Growth
4.5.2 Hot Water Towel Radiators Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Less Than 100 W
5.2.2 100-500 W
5.2.3 500-1000 W
5.2.4 More Than 1000W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hotels
6.2.2 Residences
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Water Towel Radiators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hot Water Towel Radiators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Less Than 100 W
9.6.2 100-500 W
9.6.3 500-1000 W
9.6.4 More Than 1000W
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hotels
9.10.2 Residences
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Less Than 100 W
10.6.2 100-500 W
10.6.3 500-1000 W
10.6.4 More Than 1000W
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hotels
10.10.2 Residences
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Less Than 100 W
11.6.2 100-500 W
11.6.3 500-1000 W
11.6.4 More Than 1000W
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hotels
11.10.2 Residences
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Less Than 100 W
12.6.2 100-500 W
12.6.3 500-1000 W
12.6.4 More Than 1000W
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hotels
12.10.2 Residences
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Less Than 100 W
13.6.2 100-500 W
13.6.3 500-1000 W
13.6.4 More Than 1000W
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hotels
13.10.2 Residences
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hot Water Towel Radiators Market: Competitive Dashboard
14.2 Global Hot Water Towel Radiators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Volevatch
14.3.2 Scirocco H
14.3.3 Arblu
14.3.4 Tubes radiationi
14.3.5 Ateliers CINIER
14.3.6 caleido
14.3.7 Antrax IT
14.3.8 FOURSTEEL
14.3.9 IMPERIAL BATHROOMS
14.3.10 mg12
14.3.11 Xòby Metalform
14.3.12 Porcelanosa
