The analysts forecast the global shoe dryers market to grow at a CAGR of 2.88% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global shoe dryers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of shoe dryers.
According to the report, stable economic conditions worldwide have resulted in a change in the consumer attitude toward holiday and tourism. Increased disposable income has encouraged people to travel more, take vacations, and engage in adventure activities. High disposable income is the sign of the strong economy, which leads to increased spending on leisure activities. A strong economy also shows growth on the supply side, meaning the creation of a business to meet or create demand. Adventure activities such as skiing, snowboarding, hiking, backpacking, and trekking are the most common among consumers. The level of danger involved in these activities is very high, and a person participating in them needs to be well equipped to remain safe. It is important to keep shoes dry during such activities, and many end-users prefer to travel with portable shoe dryers to keep their shoes dry all the time.
- High disposable income leading to increased demand for shoe dryers
- Growth in adventure tourism
- Government initiatives
- Traditional ways to dry shoes
- UV light to sterilize shoes
- Low penetration in developing regions
- Rise in online retailing
- Growing Participation in sports and fitness activities
- Introduction of innovative shoe dryer
- PEET Shoe Dryer
Other prominent vendors
- BLUEBASE JAPAN
- Meson Global Company
- SEA Products
- Shenzhen JBB Electronic
- Shoe Care Innovations
- Thanko Global Technology
- Top Trock
- Williams Direct Dryers
- Foshan Shunde Yongtong Electronics
For more information about this report visit http://www.researchandmarkets.com/research/gdkbj7/global_shoe_dryer