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.
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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
- Implus LLC
- TopTrock GmbH
- UAB ADAX
- Williams Boot & Glove Dryers, Inc.
“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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