Global Clotheslines Market (2018-2022) to Grow at a CAGR of More Than 4% - ResearchAndMarkets.com

December 14, 2018

DUBLIN--(BUSINESS WIRE)--Dec 14, 2018--The “Global Clotheslines Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The clotheslines market to grow at a CAGR of over 4% by 2022.

Clothespin vendors have recently come up with smart clothespins that can be connected to a smartphone via Wi-Fi and can alert about rainfall, so that the user can withdraw the clothes from the clothesline.

For instance. Unilever’s brand OW has launched a smart clothespin named Peggy, which features a Wi-Fi module, light sensor, humidity sensor, temperature sensor, Universal Serial Bus (USE) charge port, and in-built chargeable battery. The emergence of smart clotheslines is expected to drive the growth of the clotheslines market.

Benefits of Natural Drying

Natural drying is the most safest, cost-effective, and eco-friendly way of drying clothes by exposing them to the wind and sunlight. These benefits of natural drying over artificial drying are making customers embrace natural drying at a large scale, which in turn expected to boost the clotheslines market during the forecast period.

Reducing Average Household Spaces

Over the last few years, there has been a momentous increase in the prices of household spaces, resulting in lesser average household spaces that most of the lower and upper-middle-class people can afford.

Therefore, consumers are persuaded to purchase compact and multi-functional household appliances, including artificial dryers. This is expected to be a major challenge for the clotheslines market.

Competitive Landscape

With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Companies in the clotheslines market are focusing on developing smart clotheslines products that can be connected to WI-Fi and smartphones.

Key Players

Australian Clothesline Manufacture Austral Clothes Hoists Griffon Corporation Retractaline Versaline Clotheslines

Market Trends

Innovative Product Launches Advent of Smart Clothespins Growing Adoption of Clotheslines for Indoor Spaces

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Market Segmentation by Distribution Channel

9. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/gzzt6r/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181214005341/en/

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Related Topics:Clothing



SOURCE: Research and Markets

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PUB: 12/14/2018 11:22 AM/DISC: 12/14/2018 11:22 AM


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