Global Swimming Costume Dryer Market 2018-2022
About Swimming Costume Dryer
A swimming costume dryer is a convenient drying machine that extracts water from wet swimwear in seconds and therefore, is a must-have in homes and public facilities that have a swimming pool. This swimwear drying appliance plays an instrumental role in maintaining a cleaner and dryer environment in the locker rooms, changing areas, and swimming pool decks.
Technavio’s analysts forecast the global swimming costume dryer market to grow at a CAGR of 6.85% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global swimming costume dryer market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Press Release
Technavio Announces the Publication of its Research Report – Global Swimming Costume Dryer Market 2018-2022
Technavio recognizes the following companies as the key players in the global swimming costume dryer market: Automated Aquatics, Bamiko, Extractor Corporation, Spin-X, and The Swimsuit Dryer Company.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing number of swimming pools worldwide. During 2010-2015, the total number of public and private swimming pools across the world increased at a CAGR of more than 5%. Over the same period, there was also an increase in the number of adults and children who enrolled for swimming lessons”
According to the report, one driver in the market is adoption of swimming as part of a holistic fitness initiative. The accelerating growth of global swimwear market and the global swimming costume dryer market is attributable to the growing health consciousness and increasing emphasis on active and healthy lifestyles among consumers. Increasing world obesity rates will also drive the growth of both the markets during the forecast period. In 2013, the American Medical Association (AMA) classified obesity as a disease
Further, the report states that one challenge in the market is widespread availability of alternatives like low-priced swimwear wringers. Though there are no direct substitutes for swimming costume dryers, the widespread availability of lower cost wringers is posing a threat to the global swimming costume dryer market. Priced at almost one-tenth of the cost of a swimming costume dryer, a swimwear wringer features a steel frame and rubber rollers that dry the swimwear.
Companies Mentioned
Automated Aquatics, Bamiko, Extractor Corporation, Spin-X, and The Swimsuit Dryer Company.
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