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Electric Shoe Dryer Market Size By Type (Stationary electric shoe Dryer and Portable electric shoe Dryer), By Application (Commercial and Individual), Regions, Segmentation, and Projection till 2030

CAGR: 4.9%Current Market Size: USD 70 BillionFastest Growing Region: Europe

Largest Market: North AmericaProjection Time: 2023-2030Base Year: 2022

Global Electric Shoe Dryer Market- Market Overview: 

The Global Electric Shoe Dryer market is expected to grow from USD 70 billion in 2022 to USD 102.63 billion by 2030, at a CAGR of 4.9% during the Projection period 2023-2030. The growth of this market is mainly driven by rising demand for comfortable footwear, an adequate ventilation system, and the footwear manufacturing industry.

By heating up the footwear in some other means or by pumping hot air into the footwear, a shoe dryer works to dry out shoes and boots. After cleaning a pair of shoes at home, the main use of shoe dryers is to remove surplus water. Moisture may lead to a number of issues with shoes, including the formation of mould, the development of fungus, and material degradation. To soak the shoes and remove moisture and humidity from them, electric shoe dryers alternate between hot and cold airflow. In order to reduce their chance of developing fungal infections from walking in wet shoes, people have begun utilizing electric shoe dryers. The demand for electric shoe dryers is expected to increase over the Projection period as a result of the fact that they not only keep your shoes preserved, prevent mildew and mould growth, and eliminate moisture, but also effectively remove odour and sweat from the shoes, keeping your feet healthy, dry, and comfortable. Growing consumer awareness of the value of maintaining personal hygiene also tends to fuel the market expansion for electric shoe dryers. The market for electric shoe dryers is driven by ongoing product development and developments in technology.

Sample Request: - Global Electric Shoe Dryer Market

Market Dynamics: 

Drivers:

  • Consumer spending on items for personal health and lifestyle

The demand for electric shoe dryers is to increasing as a result of the fact that they not only keep your shoes preserved, prevent mildew and mould growth, and eliminate moisture, but also effectively remove odour and sweat from the shoes, keeping your feet healthy, dry, and comfortable. Growing consumer awareness of the value of maintaining personal hygiene atends to drive the market expansion for electric shoe dryers.

Restraints:         

  • High cost of the product

Many consumers throughout the world, cannot afford the product's high cost of manufacturing which has propelled its Low penetration in the market. In developing and underdeveloped regions people are not aware of the products that are not yet necessary. Also, people in such countries are not willing to pay for something that can be done naturally. The spending power of their population is low as compared to developed regions which restrict market growth.

Opportunities:

  • Advancement in technology

Electric shoe dryer manufacturers are developing cutting-edge devices with extra features added on top of the product's core functioning, which can draw a sizable portion of consumers to the electric shoe dryer. Since of how fast the lives are changing, customers are being pushed to buy things that will save them some time while still serving their general needs. As a result, they are choosing items like electric shoe dryers because they can dry shoes faster than the conventional method. The worldwide market for Electric Shoe Dryers sees opportunities in key industries including the automotive and chemical industries.

Challenges:

  • Lack of awareness in developing regions

A company's brand recognition might ruin it before it even gets off the ground. If fewer people are aware that you even exist, fewer will use your goods or services. Less consumer involvement results from this. Marketers now face a completely new set of issues as the business becomes more experiment-driven.

Segmentation Analysis:

The global Electric Shoe Dryer market has been segmented based on Type, Application, and Region.

By Type

The Type segment includes Stationary electric shoe Dryer and Portable electric shoe Dryer. The Portable electric shoe Dryer segment led the Electric Shoe Dryer market with a market share of around 60% in 2022. A portable shoe dryer takes less time to dry than a fixed one. They are small and lightweight; the portable shoe dryer is simple to move from one place to another. Typically, it contains an integrated fan and motor that helps blast hot air onto the shoes.

By Application 

The Application type segment includes Commercial and Individual. The Commercial segment led the Electric Shoe Dryer market with a market share of around 56% in 2022. In a range of businesses, including hotels, hospitals, salons, and other locations where guests must remove their shoes, shoe dryers are employed. They are highly helpful in maintaining a healthy atmosphere and stopping the spread of disease. By accelerating the drying process, they also save time and money. The usage of shoe dryers in businesses speed up the drying process and guards against water damage to the footwear.

Global Electric Shoe Dryer Market- Sales Analysis

The sale of Electric Shoe Dryer types expanded at a CAGR of 3.2% from 2016 to 2022.

Due to rising customer preference for lifestyle items that also maintain personal cleanliness, the market for electric shoe dryers is expanding globally. Because of how quickly their lives are changing, customers are being pushed to buy things that will save them some time while still serving their general needs. As a result, they are choosing items like electric shoe dryers because they can dry shoes faster than the conventional method.

Due to the rapid expansion of these items in emerging nations, there is a rising need for electric shoe dryers on a global scale. The e-commerce sector is expanding as a result of increased internet usage, which also fuels an increase in the market's need for electric shoe dryers.

The widespread use of smart devices and high internet penetration is expanding the reach of the e-commerce sector across the globe. Online sales are expanding as a result of the rising acceptance of digital payments, the availability of payment gateways, and alternatives for cash-on-delivery. To improve access to their respective brands throughout the world, market participants are aggressively marketing their items through online sales platforms.

Thus, owing to the aforementioned factors, the global Electric Shoe Dryer Market is expected to grow at a CAGR of 4.9% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the Electric Shoe Dryer market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North America region dominated the Electric Shoe Dryer market and held a 35% share of the market revenue in 2022. 

  • North America is anticipated to experience significant growth during the predicted period. Due to the growing popularity of electric shoe dryers among American consumers, which is promoting the expansion of the Electric Shoe Dryer market in the North America area, it had the highest proportion of the worldwide market for Electric Shoe Dryer.
  • The Europe region witnessed a major share. Customers in Europe have a significant preference for purchasing luxury goods. The availability of limited stock of Electric Shoe Dryer products with better quality characteristics and brand prospects offered through company websites has an impact on the growth of the Electric Shoe Dryer Market.

Global Electric Shoe Dryer Market- Country Analysis:

  • Germany

Germany’s Electric Shoe Dryer market size was valued at USD 0.63 billion in 2022 and is expected to reach USD 1.9 billion by 2030, at a CAGR of 5% from 2023 to 2030. The market for electric dryers in the region is expected to develop as a result of consumers' increasing need for energy-efficient dryers.

  • China

China’s Electric Shoe Dryer market size was valued at USD 0.71 billion in 2022 and is expected to reach USD 2.4 billion by 2030, at a CAGR of 4.7% from 2023 to 2030. People's increasing disposable income, increased focus on energy-efficient heat pump dryers, escalating technological advancements, increased number of hotels and restaurants, rapid urbanisation, and increased use of smartphones all contributed to the growth and consumption of innovative technologically enabled appliances.

  • India

India's Electric Shoe Dryer market size was valued at USD 0.50 billion in 2022 and is expected to reach USD 1.2 billion by 2030, at a CAGR of 4.2% from 2023 to 2030. During the forecast period, the market for electric dryers in India will expand as a result of the developing infrastructure in emerging and developing nations.

Key Industry Players Analysis:

To increase their market position in the global Electric Shoe Dryer business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, type developments, collaborations, partnerships, joint ventures, etc.

  • Peet Shoe Dryer, Inc
  • Danner, Inc
  • Impulse LLC. StinkBOSS
  • Drdry
  • Caframo Limited
  • Housmile Electronics
  • Kendal
  • KMS Designs Inc
  • ROK Industries
  • BeesClover
  • Apontus
  • ManaKey Group
  • manledio
  • dongguan Excel Industrial Co., Ltd
  • Kooder

Latest Development:

  • In June 2020, The shoe drier from DRYSURE can fit into any style of boot or shoe and dry them without emitting heat. It does not require a battery or power source.

Report Metrics

Report Attribute 

Details

Study Period

2022-2030

Base year

2022

CAGR (%)

15%

Market Size

12 billion in 2022

Projection period

2023-2030

Projection unit

Value (USD)

Segments covered

By Type, By Application, and By Region.

Report Scope

Revenue Projection, competitive landscape, company ranking, growth factors, and trends

Companies covered

Peet Shoe Dryer, Inc, Danner, Inc, Impulse LLC. StinkBOSS, Drdry, Caframo Limited, Housmile Electronics, Kendal, KMS Designs Inc, ROK Industries, BeesClover, Apontus, ManaKey Group, manledio, ongguan Excel Industrial Co., Ltd, and Kooder.

By Type

  • Stationary electric shoe Dryer
  • Portable electric shoe Dryer      

By Application

  • Commercial
  • Individual

Regional scope

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Scope of the Report

Global Electric Shoe Dryer Market by Type:

  • Stationary electric shoe Dryer
  • Portable electric shoe Dryer

Global Electric Shoe Dryer Market by Application:

  • Commercial
  • Individual

Global Electric Shoe Dryer Market by Region:

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Russia
  • Asia-Pacific
    • Japan
    • China
    • India
    • Korea
    • Southeast Asia
  • South America
    • Brazil
    • Peru
  • Middle East and Africa
    • UAE
    • South Africa
    • Saudi Arabia

Frequently Asked Questions

What will be the growth rate of the global Electric Shoe Dryer market during the Projection period?

The global Electric Shoe Dryer market is expected to grow with a 15% CAGR during the Projection period.

How is the Asia Pacific Electric Shoe Dryer market projected to grow?

The Asia Pacific Electric Shoe Dryer market was projected to gain a global market share of 35% in 2022.

Who are the key players in the global Electric Shoe Dryer market?

Peet Shoe Dryer, Inc, Danner, Inc, Impulse LLC StinkBOSS, Drdry, Caframo Limited, Housmile Electronics, Kendal, KMS Designs Inc, ROK Industries, BeesClover, Apontus, ManaKey Group, manledio, Dongguan Excel Industrial Co., Ltd, and Kooder

What is the major driving factor of the Electric Shoe Dryer market?

The growth of this market is mainly driven by rising demand for comfortable footwear, an adequate ventilation system, and the footwear manufacturing industry.

What are the Application segment in the Electric Shoe Dryer market?

The Application segment includes Shopping malls and supermarkets, Franchised Store, Online Store and Others.

Political Factors- Government stability also enables markets like the electric shoe dryer market to grow domestically and abroad. Due to the governmental strength and stability of other nations, markets like the electric shoe dryer market may quickly and smoothly maintain their business relationships abroad. Government stability also draws investors to businesses and markets like the electric shoe dryer market, which promotes infrastructure expansion and development and improves a country's reputation abroad. High levels of government stability can also draw resources to the industry, which will in turn increase overall competitive positioning and player performance.

Economic Factors- For businesses like the electric shoe dryer market to prosper, the economy has to have a moderate rate of inflation. A modest rate of inflation will also aid in corporate expansion and positively influence consumer confidence and spending patterns. The economy will benefit as a result, and disposable income will rise overall. A greater inflation rate would result in less discretionary money, which could affect enterprises and companies as well as weaken consumer confidence. It would also likely lead to a decrease in overall expansion. A decreased inflation rate will result in a significant rise in disposable income, which could stimulate competition, particularly through pricing methods that could result in unethical price wars that unfairly benefit the customer.

Social Factors- The size and composition of the family affect the quantity and type of purchases made. In the current market, the electric shoe dryer demographic is primarily comprised of nuclear families with two older children and occasionally a younger child. Although they take into account their children's wishes and suggestions, the parents are ultimately responsible for making decisions. Marketing, evaluations, and recommendations made by store managers, as well as advice from friends and family, impact these parents as retained decision-makers. The population as a whole is adopting trends in health and well-being. The movement toward health and wellness has influenced consumption choices and behaviors as well. According to consumer research, the electric shoe dryer market has included health-related elements in its marketing and added features to its goods.

Technological Factors- High levels of domestic and foreign investment are made in the nation's technological R&D. The substantial investment aids in the advancement of industries by providing them with modern, flexible, and efficient means of conducting business and carrying out other business procedures. A higher rate of innovation has also been made possible by increasing investment and related research. Businesses profit from innovation and development through the expansion of the industrial sector as a whole and the creation of a competitive advantage for the sector on the international market. Individual players' adaptations, like the electric shoe dryer market, also help businesses develop strong competitive advantages.

Environmental Factors- A rise in the green lifestyle has coincided with an increase in ecological sustainability consciousness. Consumers in the nation and in all markets are gravitating toward goods and services that are "green," or created and promoted in ways that are sustainable and kind to the environment. To appeal to consumers, businesses are also jumping on the green product bandwagon and releasing them. electric shoe dryer market frequently participates in CSR initiatives that protect the environment. In addition, the electric shoe dryer market has unveiled a line of green products that are variations of its current offerings. To boost its contribution to environmental sustainability, the company intends to steadily expand the weight of its green product range. In its integrated back chain, the electric shoe dryer market also enters into agreements with distributors and suppliers.

Legal Factors- Businesses are required by national regulations to create valid employment contracts. These agreements, which cover every aspect of employment, are approved by respected governmental bodies. Employment contracts provide a positive relationship between all parties and prevent miscommunication or collusion. electric shoe dryer market complies with employment laws and informs potential employees of these rules during the hiring process.  Regarding the health and safety of employees at work, there are stringent rules. Respected associations and institutions conduct routine audits of businesses to determine whether safety nets, drills, and other preventative measures are being implemented. The safety and health of employees include not only their physical health but also their emotional and mental health.

  1. Introduction
    • 1. Objectives of the Study
    • 2. Market Definition
    • 3. Research Scope
  2. Research Methodology and Assumptions
  3. Executive Summary
  4. Premium Insights
    • 1. Porter’s Five Forces Analysis
    • 2. Value Chain Analysis
    • 3. Top Investment Pockets
      • 3.1. Market Attractiveness Analysis By Type
      • 3.2. Market Attractiveness Analysis By Application
      • 3.3. Market Attractiveness Analysis By Region
    • 4. Industry Trends
  5. Market Dynamics
    • 1. Market Evaluation
    • 2. Drivers
      • 2.1. Consumer spending on items for personal health and lifestyle
    • 3. Restraints
      • 3.1. High cost of production and product
    • 4. Opportunities
      • 4.1. Advancement in technology
    • 5. Challenges
      • 5.1. Environmental hazard
  1. Global Electric Shoe Dryer Market Analysis and Projection, By Type
    • 1. Segment Overview
    • 2. Stationary electric shoe Dryer
    • 3. Portable electric shoe Dryer
  2. Global Electric Shoe Dryer Market Analysis and Projection, By Application
    • 1. Segment Overview
    • 2. Commercial
    • 3. Individual
  3. Global Electric Shoe Dryer Market Analysis and Projection, By Regional Analysis
    • 1. Segment Overview
    • 2. North America
      • 2.1. U.S.
      • 2.2. Canada
      • 2.3. Mexico
    • 3. Europe
      • 3.1. Germany
      • 3.2. France
      • 3.3. U.K.
      • 3.4. Italy
      • 3.5. Spain
    • 4. Asia-Pacific
      • 4.1. Japan
      • 4.2. China
      • 4.3. India
    • 5. South America
      • 5.1. Brazil
    • 6. Middle East and Africa
      • 6.1. UAE
      • 6.2. South Africa
  1. Global Electric Shoe Dryer Market-Competitive Landscape
    • 1. Overview
    • 2. Market Share of Key Players in the Electric Shoe Dryer Market
      • 2.1. Global Company Market Share
      • 2.2. North America Company Market Share
      • 2.3. Europe Company Market Share
      • 2.4. APAC Company Market Share
    • 3. Competitive Situations and Trends
      • 3.1. Technology Launches and Developments
      • 3.2. Partnerships, Collaborations, and Agreements
      • 3.3. Mergers & Acquisitions
      • 3.4. Expansions
  1. Company Profiles
    • Peet Shoe Dryer, Inc
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Danner, Inc
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Impulse LLC. StinkBOSS
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Drdry
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • Caframo Limited
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Housmile Electronics
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Kendal
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • KMS Designs Inc
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • ROK Industries
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis
    • BeesClover
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • Apontus
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • ManaKey Group
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • manledio
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • Dongguan Excel Industrial Co., Ltd
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • Kooder
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

  1. Global Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  2. Global Stationary electric shoe Dryer, Electric Shoe Dryer Market, By Region, 2023–2030 (USD Billion)
  3. Global Portable electric shoe Dryer, Electric Shoe Dryer Market, By Region, 2023–2030 (USD Billion)
  4. Global Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  5. Global Commercial, Electric Shoe Dryer Market, By Region, 2023–2030 (USD Billion)
  6. Global Individual, Electric Shoe Dryer Market, By Region, 2023–2030 (USD Billion)
  7. Global Electric Shoe Dryer Market, By Region, 2023–2030 (USD Billion)
  8. North America Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  9. North America Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  10. USA Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  11. USA Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  12. Canada Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  13. Canada Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  14. Mexico Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  15. Mexico Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  16. Europe Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  17. Europe Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  18. Germany Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  19. Germany Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  20. France Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  21. France Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  22. UK Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  23. UK Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  24. Italy Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  25. Italy Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  26. Spain Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  27. Spain Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  28. Asia Pacific Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  29. Asia Pacific Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  30. Japan Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  31. Japan Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  32. China Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  33. China Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  34. India Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  35. India Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  36. South America Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  37. South America Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  38. Brazil Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  39. Brazil Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  40. Middle East and Africa Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  41. Middle East and Africa Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  42. UAE Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  43. UAE Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)
  44. South Africa Electric Shoe Dryer Market, By Type, 2023–2030 (USD Billion)
  45. South Africa Electric Shoe Dryer Market, By Application, 2023–2030 (USD Billion)

List of Figures 

  1. Global Electric Shoe Dryer Market Segmentation
  2. Electric Shoe Dryer Market: Research Methodology
  3. Market Size Estimation Methodology: Bottom-Up Approach
  4. Market Size Estimation Methodology: Top-Down Approach
  5. Data Triangulation
  6. Porter’s Five Forces Analysis
  7. Value Chain Analysis
  8. Global Electric Shoe Dryer Market Attractiveness Analysis By Type
  9. Global Electric Shoe Dryer Market Attractiveness Analysis By Application
  10. Global Electric Shoe Dryer Market Attractiveness Analysis By Region
  11. Global Electric Shoe Dryer Market: Dynamics
  12. Global Electric Shoe Dryer Market Share By Type (2023 & 2030)
  13. Global Electric Shoe Dryer Market Share By Application (2023 & 2030)
  14. Global Electric Shoe Dryer Market Share by Regions (2023 & 2030)
  15. Global Electric Shoe Dryer Market Share by Company (2021)

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