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(IT-NEWSWIRE.COM, September 11, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Intelligence Clothes Hangers market for 2018-2023.
Intelligence Clothes Hangers or an Electric clothes hanger is the new choice of drying clothes. Designed with creative and innovative technology, this quality electric product is the reason for low electricity bills, more workable space and efficient drying of clothes and laundry in all seasons.
At present, traditional hanger only can dry and hang clothes; intelligence clothes hangers with the function of rainproof and sun shines against does not use much worldwide. The intelligence clothes hangers market is affected by People's lifestyle, living habits, consumption levels and etc.
Geographically, production area of intelligence clothes hangers is mainly concentrated in Asia, over 90% are produced in mainland China. Asia is also the biggest consumption market, other areas may see slight growth in the forecast period, especially for Middle East and Other European country. However, affected by lifestyle, people in developed western countries would prefer clothes dryers to an intelligence clothes hanger, and many undeveloped countries like Africa and India still cannot afford intelligence clothes hangers. China will keep playing important role in Global intelligence clothes hanger market.
In China, Top 3 manufacturers comprised over 60% market share, L-Best and Hotata are the biggest two players in Intelligence Clothes Hangers market, with about 32.77% and 16.16% market share separately in 2017. Other leading market players in Intelligence Clothes Hangers market include Orlant, Schloeman, Yuechao etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
Each of the Intelligence Clothes Hangers manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Intelligence Clothes Hangers manufacturers keep keen on expanding their Intelligence Clothes Hangers sales. To achieve better sales businesses, Intelligence Clothes Hangers manufacturers usually invest on their marketing channel infrastructure every year.
Over the next five years, this report projects that Intelligence Clothes Hangers will register a 17.7% CAGR in terms of revenue, reach US$ 910 million by 2023, from US$ 340 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Intelligence Clothes Hangers market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Single-rod
Double Pole
Segmentation by application:
Household
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Hotata
Hooeasy
Orlant
L-Best
Schloeman
JOMOO
Jeyang
Yuechao
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Intelligence Clothes Hangers consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Intelligence Clothes Hangers market by identifying its various subsegments.
Focuses on the key global Intelligence Clothes Hangers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Intelligence Clothes Hangers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Intelligence Clothes Hangers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Madhuri Vetal
NxtGen Reports
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Phone: +918551022388
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NxtGen Reports
Madhuri Vetal
+918551022388
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Source: EmailWire.Com 
Source: EmailWire.com
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