Towel Bars MarketSummary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales.
In terms of revenue, this research report indicated that the global Towel Bars Market?was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Towel Bars industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ????Allied Brass aims at producing XX Towel Bars in 2020, with XX % production to take place in global Market? ????KOHLER accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Towel Bars Market?
Competitive Analysis; Who are the Major Players in in Towel Bars Market?
Major Type of Towel Bars Market:
Application Segments Covered in Market:
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Global Towel Bars Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Single Bar -Product Introduction and Major Manufacturers
1.1.2 Double Bars -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Towel Bars Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Towel Bars Market
3.1.1 Top Companies leading Towel Bars Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Towel Bars Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Towel Bars Market
3.2.1 Top Companies leading Towel Bars Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Towel Bars Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Towel Bars Market
3.3.1 Top Companies leading Towel Bars Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Towel Bars Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Towel Bars Market
3.4.1 Top Companies leading Towel Bars Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Towel Bars Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Towel Bars Market
3.5.1 Top Companies leading Towel Bars Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Towel Bars Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Towel Bars Market
3.6.1 Top Companies leading Towel Bars Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Towel Bars Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Towel Bars Market
3.7.1 Top Companies leading Towel Bars Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Towel Bars Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Towel Bars Value Chain Analysis
4.2 COVID-19 Impact on Towel Bars Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
5 Regional Market Forecast (2021-2026)
5.1 Global Towel Bars Sales and Growth Rate (2021-2026)
5.2 Global Towel Bars Sales Value and Growth Rate (2021-2026)
6 Towel Bars Competitive Analysis
6.1 Allied Brass
6.1.1 Allied Brass Company Profiles
6.1.2 Allied Brass Product Introduction
6.1.3 Allied Brass Towel Bars Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2.1 KOHLER Company Profiles
6.2.2 KOHLER Product Introduction
6.2.3 KOHLER Towel Bars Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3.1 Delta Company Profiles
6.3.2 Delta Product Introduction
6.3.3 Delta Towel Bars Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4.1 MOEN Company Profiles
6.4.2 MOEN Product Introduction
6.4.3 MOEN Towel Bars Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Barclay Products
6.5.1 Barclay Products Company Profiles
6.5.2 Barclay Products Product Introduction
6.5.3 Barclay Products Towel Bars Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6.1 Gatco Company Profiles
6.6.2 Gatco Product Introduction
6.6.3 Gatco Towel Bars Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Glacier Bay
6.7.1 Glacier Bay Company Profiles
6.7.2 Glacier Bay Product Introduction
6.7.3 Glacier Bay Towel Bars Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Design House
6.8.1 Design House Company Profiles
6.8.2 Design House Product Introduction
6.8.3 Design House Towel Bars Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9.1 Symmons Company Profiles
6.9.2 Symmons Product Introduction
6.9.3 Symmons Towel Bars Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Franklin Brass
6.10.1 Franklin Brass Company Profiles
6.10.2 Franklin Brass Product Introduction
6.10.3 Franklin Brass Towel Bars Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Paradise Bathworks
6.16 Kingston Brass
6.19 Ultra Faucets
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