The Ironers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033)
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According to The Business Research Company’s Ironers Global Market Report 2024, The ironers market size has grown strongly in recent years. It will grow from $0.87 billion in 2023 to $0.92 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to changing lifestyles, fashion trends, population growth, urbanization, rising disposable income.
The ironers market size is expected to see steady growth in the next few years. It will grow to $1.11 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to increased awareness of apparel care, eco-friendly products, smart home integration, global economic trends, changing household structures. Major trends in the forecast period include wireless and cordless ironing solutions, user-friendly controls and interfaces, integration with home automation systems, fast-heating technologies, quiet operation features.
Rapid Urbanization is expected to contribute to the growth of the ironers market in the forecast period. Globally, the percentage of the population living in urban areas is expected to reach 68% by 2050. The growth in the urban population coupled with the increasing demand among the millennials to look well-dressed, rise in disposable incomes, and increasing affordability among residents of cities will drive the demand for electric ironers.
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The ironers market covered in this report is segmented –
1) By Product Type: Dry iron, Steam Iron, Garment Steamer
2) By Function: Automatic, Non-automatic
3) By Distribution Channel: Offline, Online
4) By Application: Residential, Commercial
Major companies operating in the electric ironers market are developing innovative ironers such as CAMILA MEGGY Chest Heated Flatwork Ironer to drive their revenues in the market. CAMILA MEGGY Chest Heated Flatwork Ironer is a diathermic oil mangle with reverse double chests compact machine that can dry, iron, fold, counter-fold, and stack up linen. For instance, in November 2022, TOLKAR, a Turkey-based company that manufactures electric ironers launched CAMILA MEGGY Chest Heated Flatwork Ironer. The ironer has an in-built sheet folder that provide high heat conduction efficiency, excellent heating performance, and long service life for an excellent ironing experience. Additionally, the ironer is also equipped with advanced features such as a self-folding chest heat ironer with feeder and stacker.
The ironers market report table of contents includes:
1. Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
……..
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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