Global Shoe Dryer Market Overview:
Shoe dryers are used to dry the shoes and are multifunctional and portable. The shoe dryer can be of different types which include stationary and portable boot & shoe dryers. Shoe dryers include a container that collects excess moisture and is used for drying a pair of boots or shoes, hat, or a pair of gloves. Shoe dryer has the capability to dry shoes of any size and utilizes the technology of UV-sterilizer for consumers suffering from hyperhidrosis. The factors such as Increased Disposable Income of the People, Increased Number of Online Customers, and Robust Increase in the Distribution Channels are driving the global shoe dryer market.
Growth Drivers
- High Disposable Income leading to Increased Demand for Shoe Dryers
- Growth in Adventure Tourism
Market Trends
- Increasing Online Retailing Trend among Consumers
Roadblocks
- Low Penetration in Developing Regions
Opportunities
- Rising Usage of Shoes
- Increasing Memberships in Fitness Clubs and Fitness Centers
Challenges
- Traditional Ways to Dry Shoes
- UV Light to Sterilize Shoes
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are StinkBOSS (United States), DryGuy (United States), The Green Glove Dryer (United States), Bluebase Japan (Japan), Hygitec (France), SEA Products (United Kingdom), Meson Global Company (Sweden), Williams Direct Dryers (Canada), PEET Shoe Dryer (United States) and Shenzhen JBB Electronic (China). Additionally, following companies can also be profiled that are part of our coverage like Thanko Global Technology (China) and Foshan Shunde Yongtong Electronics (China). Analyst at AMA Research see Global Vendors to retain maximum share of Global Shoe Dryer market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Shoe Dryer market.
What Can be Explored with the Shoe Dryer Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Shoe Dryer Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Shoe Dryer
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Shoe Dryer market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Shoe Dryer market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Shoe Dryer Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.