An electric ironer is a tool for leveling clothes and fabrics and uses power within a range of 300-1000W.
Sizing and Forecast
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.
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Segmentation & Regional Insights
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
Asia-Pacific was the largest region in the electric ironers market in 2023. Western Europe was the second-largest region in the global electric ironers market. The regions covered in the ironers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the ironers market report are China Telecom Corporation Limited, Verizon Communications Inc., AT&T Inc., Deutsche Telekom AG, NTT Communications Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Orange S.A., Telefónica S.A., Ericsson AB, ZTE Corporation, CenturyLink Inc., IZZI Telecomunicaciones S.A.B. de C.V., SK Telecom Co. Ltd., Altice USA Inc., ARRIS International plc, Foxtel Management Pty Limited, Sky Deutschland AG, Iliad S.A., Sterlite Technologies Limited, Viaccess-Orca SAS, Cablecom Holding AG, Verimatrix Inc., MatrixStream Technologies Inc., Mediaroom Holding AB, Tripleplay Services Limited, CoreTrust Inc., Necro IPTV, Akamai Technologies Inc., Moftak Solutions, Megacable S.A. de C.V., Nokia Corporation, Amino Communications Ltd., Anevia SAS, Ateme SAS, Broadpeak, Edgeware AB, Harmonic Inc., Minerva Networks Inc., Netgem S.A.
The ironers market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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