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The global market for portable irons is expected to reach $146.12 billion by 2022. The portable iron market is expected to increase from $205.5 billion in 2023 to $237.13 billion in 2030, representing a CAGR of 7.50 percent between 2023 and 2030. Rapid urbanization and the accompanying increase in demand for portable iron are two of the most important factors propelling the market forward.
Clothes that have been expertly ironed have a great deal of social and professional weight because of this perception of cleanliness. There is no need to rely on third-party ironing services when you have a portable iron, which is both a convenient and personal appliance. The mini iron's small size means it won't take up much room in your bag, and a convenient pouch is included for transport. This elegant gadget's portability explains why it's becoming increasingly popular. More and more manufacturers are including steam and non-steam settings on their irons, making them suitable for use on both cotton and silk fabrics. New models are being produced by manufacturers that are more practical in many ways, such as being lighter, having more power with foldable handles, being cordless, and having non-stick soleplates. Among the many cordless appliances available, the "Cordless 360° Freestyle Steam/Dry Portable Iron" from Panasonic is a popular choice among quilters, sewing clubs, and hobbyists.
Market Tendencies for Portable Iron
The proliferation of do-it-yourself laundry facilities bodes well for the portable iron market. Since more and more women are entering the workforce, there is a greater demand for laundry services to accommodate their hectic schedules. Clothes wrinkles can be swiftly and simply ironed out with the help of a portable iron. They're practical for a wide variety of fabrics and simple to keep on hand. The global market for portable irons is expected to grow thanks to this factor in the coming year.
The massive growth of the tourism industry, increasing urbanization, higher incomes, and more frequent travel are currently the primary forces propelling the need for portable irons. Cordless portable irons are also becoming in favor because of their numerous useful features, such as the ability to iron clothes anywhere and the speed with which they can be charged using a USB port. As a result, the market outlook is brightening, and people are paying more attention to how they look. Additionally, worldwide product makers are providing state-of-the-art travel irons with state-of-the-art capabilities, such as multiple temperature and steam settings for various materials, to make the experience simpler and more effective for the consumer. In addition, travel iron sales are on the rise thanks in large part to the prevalence of influencer marketing, which includes celebrity endorsements, online lessons, and reviews written by actual customers. In addition, the rising popularity of shopping apps that offer a wide variety of products, easy returns, fast shipping, and even free home delivery has opened up attractive expansion opportunities for leading firms in the industry. The rising popularity of steam irons and vertical ironing systems is also contributing to the growth of the market. Sales of travel irons may also be affected in the coming years by the growing popularity of home-sharing platforms like Airbnb.
The global market is divided into the dry iron and steam iron subsegments. As steam-based products require an internal water tank and sprayer, which adds weight and leakage concerns, the dry segment is predicted to hold a substantial share. Steam irons, which promise superior efficacy in smoothing out wrinkles and creases, are expected to experience tremendous expansion.
Market segments include stainless steel, ceramic, and others based on the soleplate material. Because steel is a good heat conductor, wears less, and lasts longer than other materials, the stainless steel market is predicted to be particularly large. In contrast, ceramic and titanium plates are expected to see increased application in the context of portable iron due to their lower weight in comparison to steel and hence their greater use for iron that must be transported from place to place.
The market is broken down into two categories: traditional brick-and-mortar stores and e-commerce websites. People prefer shopping offline because they can verify the product's specifications, such as its weight and whether or not it comes with extras like a water tank and steam generator. Because of this, the consumer has an easier time settling on a purchase.
The growth of the Portable Iron market can be attributed to the fact that major players in the market are spending extensively on R&D in order to increase their product offerings. New product launches, contractual agreements, mergers and acquisitions, increased investments, and partnerships are just a few examples of the many strategic activities industry participants are engaging in to increase their worldwide footprint and take advantage of the opportunities presented by the rapid pace of market development. In order to thrive in today's more competitive and price-sensitive market, Portable Iron Industry must provide quality products at reasonable prices.
Report Coverage
Global Portable Iron research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Portable Iron report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Portable Iron competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Portable Iron market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Portable Iron market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Portable Iron market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Koninklijke Philips N.V., Panasonic Corporation, Conair Corporation, Sunbeam Products, Inc. ROWENTA S.A.S, Hamilton Beach Brands, Inc., Spectrum Brands, Inc. (RussellHobbs), Bajaj Electricals Ltd., PurSteam USA, and Vornado Air, LLC (Brand Steamfast), AUX, KONKA, Midea, FLEXWARM, Deerma, DeTi, LittleDuck, OBOVAY, CHIGO, Royalstar, DAEWOO, SUPOR, SteamOne, BRAUN, Kosiehouse, Steamfast, Lemontec
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Portable Iron market based on the below-mentioned segments:
Global Portable Iron Market, By Type
Dry
Steam
Global Portable Iron market, By Soleplate Type
Stainless Steel
Ceramic
Others (Titanium etc.)
Global Portable Iron Market, By Distribution Channel
Offline
Online
Global Portable Iron market, Regional Analysis
Clothes that have been expertly ironed have a great deal of social and professional weight because of this perception of cleanliness. There is no need to rely on third-party ironing services when you have a portable iron, which is both a convenient and personal appliance. The mini iron's small size means it won't take up much room in your bag, and a convenient pouch is included for transport. This elegant gadget's portability explains why it's becoming increasingly popular. More and more manufacturers are including steam and non-steam settings on their irons, making them suitable for use on both cotton and silk fabrics. New models are being produced by manufacturers that are more practical in many ways, such as being lighter, having more power with foldable handles, being cordless, and having non-stick soleplates. Among the many cordless appliances available, the "Cordless 360° Freestyle Steam/Dry Portable Iron" from Panasonic is a popular choice among quilters, sewing clubs, and hobbyists.
Market Tendencies for Portable Iron
The proliferation of do-it-yourself laundry facilities bodes well for the portable iron market. Since more and more women are entering the workforce, there is a greater demand for laundry services to accommodate their hectic schedules. Clothes wrinkles can be swiftly and simply ironed out with the help of a portable iron. They're practical for a wide variety of fabrics and simple to keep on hand. The global market for portable irons is expected to grow thanks to this factor in the coming year.
The massive growth of the tourism industry, increasing urbanization, higher incomes, and more frequent travel are currently the primary forces propelling the need for portable irons. Cordless portable irons are also becoming in favor because of their numerous useful features, such as the ability to iron clothes anywhere and the speed with which they can be charged using a USB port. As a result, the market outlook is brightening, and people are paying more attention to how they look. Additionally, worldwide product makers are providing state-of-the-art travel irons with state-of-the-art capabilities, such as multiple temperature and steam settings for various materials, to make the experience simpler and more effective for the consumer. In addition, travel iron sales are on the rise thanks in large part to the prevalence of influencer marketing, which includes celebrity endorsements, online lessons, and reviews written by actual customers. In addition, the rising popularity of shopping apps that offer a wide variety of products, easy returns, fast shipping, and even free home delivery has opened up attractive expansion opportunities for leading firms in the industry. The rising popularity of steam irons and vertical ironing systems is also contributing to the growth of the market. Sales of travel irons may also be affected in the coming years by the growing popularity of home-sharing platforms like Airbnb.
The global market is divided into the dry iron and steam iron subsegments. As steam-based products require an internal water tank and sprayer, which adds weight and leakage concerns, the dry segment is predicted to hold a substantial share. Steam irons, which promise superior efficacy in smoothing out wrinkles and creases, are expected to experience tremendous expansion.
Market segments include stainless steel, ceramic, and others based on the soleplate material. Because steel is a good heat conductor, wears less, and lasts longer than other materials, the stainless steel market is predicted to be particularly large. In contrast, ceramic and titanium plates are expected to see increased application in the context of portable iron due to their lower weight in comparison to steel and hence their greater use for iron that must be transported from place to place.
The market is broken down into two categories: traditional brick-and-mortar stores and e-commerce websites. People prefer shopping offline because they can verify the product's specifications, such as its weight and whether or not it comes with extras like a water tank and steam generator. Because of this, the consumer has an easier time settling on a purchase.
The growth of the Portable Iron market can be attributed to the fact that major players in the market are spending extensively on R&D in order to increase their product offerings. New product launches, contractual agreements, mergers and acquisitions, increased investments, and partnerships are just a few examples of the many strategic activities industry participants are engaging in to increase their worldwide footprint and take advantage of the opportunities presented by the rapid pace of market development. In order to thrive in today's more competitive and price-sensitive market, Portable Iron Industry must provide quality products at reasonable prices.
Report Coverage
Global Portable Iron research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Portable Iron report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Portable Iron competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Portable Iron market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Koninklijke Philips N.V., Panasonic Corporation, Conair Corporation, Sunbeam Products, Inc. ROWENTA S.A.S, Hamilton Beach Brands, Inc., Spectrum Brands, Inc. (RussellHobbs), Bajaj Electricals Ltd., PurSteam USA, and Vornado Air, LLC (Brand Steamfast), AUX, KONKA, Midea, FLEXWARM, Deerma, DeTi, LittleDuck, OBOVAY, CHIGO, Royalstar, DAEWOO, SUPOR, SteamOne, BRAUN, Kosiehouse, Steamfast, Lemontec |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Portable Iron Market from 2021 to 2030.
- Market Forecast for Portable Iron Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Portable Iron competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Portable Iron
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Portable Iron market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Portable Iron market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Koninklijke Philips N.V., Panasonic Corporation, Conair Corporation, Sunbeam Products, Inc. ROWENTA S.A.S, Hamilton Beach Brands, Inc., Spectrum Brands, Inc. (RussellHobbs), Bajaj Electricals Ltd., PurSteam USA, and Vornado Air, LLC (Brand Steamfast), AUX, KONKA, Midea, FLEXWARM, Deerma, DeTi, LittleDuck, OBOVAY, CHIGO, Royalstar, DAEWOO, SUPOR, SteamOne, BRAUN, Kosiehouse, Steamfast, Lemontec
Primary Target Market
- Market Players of Portable Iron
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Portable Iron market based on the below-mentioned segments:
Global Portable Iron Market, By Type
Dry
Steam
Global Portable Iron market, By Soleplate Type
Stainless Steel
Ceramic
Others (Titanium etc.)
Global Portable Iron Market, By Distribution Channel
Offline
Online
Global Portable Iron market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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