Shoe Dryer Market to be Dominated by North America through 2026
Development of adventure tourism industry and the
launch of innovative shoe dryers to drive the growth of the Global Shoe Dryer
Market in the forecast period, 2022-2026.
According to TechSci Research report, “Shoe
Dryer Market - Global Industry Size, Share, Trends, Competition, Opportunity
and Forecast, 2016-2026”, the global shoe dryer market is anticipated to grow
at a steady CAGR in the forecast period, 2022-2026. The growing participation
of consumers in different adventure sports and activities such as fishing,
hiking, trekking, and skiing is boosting the demand for shoes, which is expected
to fuel the global shoe dryer market growth. Moreover, the rise in the
disposable income of middle-class families is increasing the affordability of
quality products and technologies.
However, various shoe drying methods are still in
use among consumers who do not require shoe dryers. Low awareness of the
benefits of using shoe dryers in developing economies may restrain the global
shoe dryer market growth in the forecast period.
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The global shoe dryer market is segmented on the
basis of type, application, distribution channel, power, pricing, regional
distribution, and competitional landscape.
On the basis of type, the global shoe dryer market
is divided into stationary shoe dryers, portable shoes & boot dryers. The
stationery shoe dryer has a container dedicated for the collection of excess
moisture and can be used in dying a pair of gloves, boots, shoes, or hat. The
portable shoe & boot dryer uses UV technology to sterilize shoes and can be
used to dry shoes of any size. These are mostly used by those who have
hyperhidrosis.
On the basis of application, the global shoe dryer
market is bifurcated into home use and commercial use. The commercial use
application is expected to witness robust growth in the next five years. The
increase in the consumers' membership in fitness centers and clubs and the
growing demand for shoes while performing different exercises and workout
activities is fueling the demand for the shoe dryers in the commercial spaces.
A number of bacteria and fungi can be found inside wet shoes, leading to
adverse health conditions such as Tinea Pedis, Staphylococcus Aureus, and MRSA,
among others, which is expected to increase the demand for shoe dryers.
On the basis of distribution channel, the global
shoe dryer market is divided into online and offline. The offline segment is
expected to account for a significant market share in the next five years. The
availability of a large number of products from different brands is available,
and the accessibility to different Shoe Dryer brands due to the presence of a
large number of retail stores contributes to the market demand. Additional
information about the benefits of usage of Shoe Dryers can be obtained by the
customer service agents present at the offline store, which is further expected
to fuel the sales.
On the basis of regional analysis, the North
America region is expected to hold the largest market share in the market during
the forecast period, 2022-2026. The rise in participation in physical
activities and the growing use of advanced technology in the sports industry
are the driving factors influencing the market demand. The Asia-pacific region
is expected to witness the fastest incremental growth over the next five years.
The increase in the number of health-conscious people and the growing
enrollments in fitness centers fuels the usage of sports shoes regularly, and
hence contribute to the market growth.
Major players operating in the shoe dryer market
include:
·
Meson
Global Company Limited
·
Peet
Dryer
·
Taizhou
Renjie Electric Co. Ltd.
·
Bluebase
Japan
·
DRYSURE
·
Hygitec
·
Implus
LLC
·
TopTrock
GmbH
·
UAB
ADAX
·
Williams
Boot & Glove Dryers, Inc.
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“Market players can tap
into developing countries like India, which has a huge consumer base, by
adopting attractive marketing strategies to increase awareness about shoe dryers,
which is expected to create lucrative opportunities of growth for the global shoe
dryer market. The growing inclination of people towards the adoption of
innovative technologies to improve the quality of life along with the rapid
urbanization in the developing economies, is accelerating the adoption of shoe dryers
for commercial and household purposes. This is expected to propel the growth of
the global shoe dryer market till 2026” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Shoe Dryer Market -
Global Industry Size, Share, Trends, Competition, Opportunity and Forecast,
2016-2026, Segmented By Type (Stationary Shoe Dryers, Portable Shoe & Boot
Dryers), By Application (Home Use, Commercial Use), By Distribution Channel
(Online Vs Offline), By Power (Less than 100W, 100-200W, More than 200W), By
Pricing (High, Medium, and Low), and By Region”, has evaluated the
future growth potential of global shoe dryer market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities present in global shoe dryer market.
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