High investments in construction projects that stem from rapid urbanization, the promising tourism industry, and the expansion plans of a variety of commercial establishments, like hotels and spas are among others expected to lead to a global towel warmer market growth.
Additionally, a strong economy, high investments in R&D leading to digital innovations, and the rising capacity of consumers to avail a variety of services associated with tourism has the potential to drive the demand for bathroom fixtures like towel warmers which in turn would facilitate the growth of towel warmer market.
As an export category, tourism is the 4th largest which reportedly leads to a myriad of advantages to the entire economy of the EU.
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