Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The portable bidets for travellers market, being a niche market and known to only a few has been covering very limited regions with its expansion happening at a rather limited pace. The market of portable bidets for travelers is estimated to register a modest CAGR over the forecast period, i.e., 2020-2027. The market is segmented by product type into electric and manual, by capacity into 100-200 ml, 200-400 ml and > 400 ml and by distribution channel into online and retail stores. Among the distribution channel segment, the online segment is anticipated to hold largest market shares owing to growing number of internet users across the globe coupled with availability of numerous options available online.
Growing Number of Travelers and Environmental Concerns
Rise in the number of travelers and tourist population around the world is likely to propel the demand for the portable bidets that are lighter in weight and are convenient to use, and help in maintaining proper hygiene related to the private areas of an individual. These are less expensive and can be carried along wherever an individual travels, thereby providing ease of comfort among the user.
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As per the statistics provided by the WWF (World Wide Fund for Nature), globally, around 270,000 trees are flushed or dumped in landfills on everyday basis, out of which, 10% is toilet paper alone. The rising awareness among people and growing initiatives taken by the governmental bodies in different regions pertaining to the adoption of environment-friendly measures is anticipated to significantly drive the growth of the market over the forecast period.
Regionally, the markets in the regions of Europe and Asia Pacific are anticipated to perform well and occupy a significant market share, owing to higher awareness about cleanliness and hygiene related matters and their increasing desire to use products that are environment friendly and sustainable. Moreover, increasing presence of manufacturers that are working towards providing innovative portable bidets with availability of different features is contributing to the growth of the market in these regions.
However, a general lack of awareness about the portable bidets and their advantages combined with prevalence of misconceptions related to it may operate as major restraints that could affect the growth of the portable bidets for travellers market over the forecast period. Request a sample Report of Explosion Proof Equipment Market
This report also provides the existing competitive scenario of some of the key players of the portable bidets for travellers market which includes company profiling of key companies such as Toto Limited, Hygienna Inc., Brondell Inc., Boxclever, Panasonic, Bio Bidet, Hibbent and Boss Bidet. The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the portable bidets for travellers market that is expected to help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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