The Beach towels market share is projected to grow from US$
535.06 million in 2022 to US$ 707.15 million by 2028; it is expected to grow at
a CAGR of 4.8% from 2022 to 2028.
The “Beach
Towels Market” forecast 2028 report analyses the present and future competitive
scenario of the analytics industry. Beach Towels Market report offers an
in-depth analysis on segments including top companies, products, applications,
revenue and regions. a number of topics including likewise market share,
drivers, trends and methods. This report additionally offers insights into the
latest growth and trends. It encapsulates key aspects of the market, with focus
on leading key player’s areas that have witnessed the highest demand, leading
regions and applications.
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Dock & Bay Ltd, Snappy Towels
Inc, Tofino Towel Co, Canningvale Australia Pty Ltd, Pendleton Woolen Mills
Inc, Oasis Towels, Sandex Corp, Hatton Textiles International Ltd, Qihai
Textile Co Ltd, Melody Blue LLC are among the major players operating in the
global beach towels market. Market players continuously focus on strategic
development initiatives such as research and development, merger &
acquisitions, expansion and new product launches for offering high-quality and
innovative products. These strategies boost the demand for beach towels and are
expected to drive the market growth in the forecast period.
Moreover, the popularity of beach
tourism is increasing across Europe. According to the Ministry of Foreign
Affairs (EU), in 2019, approximately 60% of European tourists preferred
vacation along the seaside, of which 29% preferred a beach holiday. Moreover,
sunbathing is highly advised due to its therapeutic benefits. It can kill
bacteria. This makes travelers opt for beach vacations, thereby surging the
demand for beach towels and propelling its market expansion.
The beach towels market is
accelerating owing to the surge in beach tourism and increase in recreational
activities at beaches. Beach towels provide a comfortable place to sit or lie
down, they also protect the person from the hot sand and prevent the beach
chair from getting sand on it. The flourishment of e-commerce is providing
lucrative growth opportunities to the beach towels market. Moreover, due to
hectic work schedules, people are increasingly focusing on reviving their
mental health by visiting recreational destinations, including beaches. Apart
from scenic beauty and fresh air, beaches are largely visited for experiencing
various innovative recreational activities, thereby further adding to the
popularity of beach vacations. As most the beach activities involve water
sports, beach towels have become one the essential commodity. However, less
awareness about the benefits of beach towels and the availability of
cost-effective regular towels are among the major factors hampering the beach
towels market growth.
Some of the key queries answered in this report:
·
-What can we estimate
about the anticipated growth rates and also the Beach Towels industry size by
2030?
·
-What will happen in
the coming existing and emerging markets?
·
-Which are the five
top players within the Beach Towels market?
·
-How can the Beach
Towels market change in the upcoming years?
·
-Which product and
application will take a share of the Beach Towels market?
·
-What will be the
CAGR and size of the Beach Towels market throughout the forecast period?
·
-What are the market
opportunities and challenges two-faced by the key vendors?
·
-Who are the major
competitors and what is their strategy?
·
-What are the
barriers to entry for new players in the market?
·
-What would be the
upcoming Beach Towels market behaviour forecast with trends, challenges, and
drivers for development?
·
-What business
opportunities and dangers are faced by vendors in the market?
·
-Which would be Beach
Towels industry opportunities and challenges have faced by most vendors in the
market?
·
-What will be the
outcomes of this market SWOT five forces analysis?
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of this research report at @: https://www.premiummarketinsights.com/buy/TIP00073300
TABLE
OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 By Type
1.3.2 By Material Type
1.3.3 By Distribution Channel
1.3.4 By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 APAC PEST Analysis
4.2.4 Middle East and Africa PEST
Analysis
4.2.5 South and Central America PEST
Analysis
4.3 Expert Opinions
5. Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Recreational Activities
at Beaches
5.1.2 Increasing Demand for
Antimicrobial Beach Towels
5.2 Market Restraints
5.2.1 Availability of Substitutes
5.3 Market Opportunities
5.3.1 Flourishment of E-Commerce
5.4 Future Trends
5.4.1 Product Innovation Pertaining to
Beach Towels
5.5 Impact Analysis of Drivers and
Restraints
6. Global Market Analysis
7. By Type
8. By Material Type
Continued…
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