The Europe Fogless Mirror Market would witness market growth of 5.3% CAGR during the forecast period (2022-2028).
These mirrors are further gaining popularity, especially in commercial settings like gyms and hotels. Consumers’ rising disposable incomes and increasing expenditure on bathroom vanity products are further propelling the demand for fogless mirrors. The rise in the usage of fogless mirrors can also be attributed to the pandemic, as post-pandemic people were increasingly spending on home décor goods.
Additionally, the pandemic also influenced significant changes in consumer behavior as its effects were realized in the type of products that were being bought before and after the pandemic varied drastically. The easy accessibility and availability of these mirrors at major retail stores are also increasing the demand.
The demand for these products has risen vastly, which has also forced many retail stores like hypermarkets/supermarkets, specialized stores, conventional mass retailers, and general stores to keep a wide range of them. In addition, numerous online and eCommerce outlets have also witnessed a surge in demand for fogless mirrors.
The COVID-19 pandemic had a significant impact on many European nations, which caused a drop in economic activities across various sectors. As a result, manufacturers in the region increased their online presence to cater to the demand for fogless mirrors. In addition, the simultaneous customer transition from brick-and-mortar stores to online shopping has created new growth potentials for the market. The increased usage of fogless mirrors has also been considerably impacted by the general change in consumer expenditure from optional to essential.
The Germany market dominated the Europe Fogless Mirror Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $36.2 million by 2028.The UK market is anticipated to grow at a CAGR of 4.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.1% during (2022 - 2028).
Based on Type, the market is segmented into Stable and Portable. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Application, the market is segmented into Residential and Commercial. Based on Shape, the market is segmented into Square, Round and Oval. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Fogless Mirror Market will Hit $522.6 Million by 2028, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cumberland Companies LLC (The Shave Well Company), Electric Mirror, Inc., New Home Bath & Mirror, Inc., Toilet Tree Products, Inc., Zadro, Inc., Roper Rhodes Ltd. (Svedbergs Group AB), HiB Ltd., LAUFEN Bathrooms AG (ROCA group), FAB Glass and Mirror, and Foshan Sino Hardware Products Co., Ltd.
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