Changing Retail Industry in Europe to boost Garment Steamers Demand | Arizton

Arizton’s recent market research report on the global Garment Steamer Market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights by product (upright and handheld), application (retail, fashion, hospitality, healthcare, home interiors, and others), model type (commercial floor, mid-sized, and mini handheld model), pricing type (premium, mid-end and mass-market model), distribution channel (retail and online stores), and geography (North America, Europe, APAC, Latin America, and MEA)

The global garment steamer market is expected to grow at a CAGR of over 5% during the period 2019−2025.

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Garment steamers have been witnessing a significant demand among professional and residential users across the globe. They are also known as clothes steamers, and these appliances use high-temperature steam to remove wrinkles. They have profound applications among residential and professional contractors. Increasing product diversification, coupled with the increasing demand for product reliability, is expected to contribute to the long-term value for professional users. Changing lifestyles and the increasing availability of consumer appliances via online channels are expected to favorably affect the clothes steamer market growth.

The global clothes steamer market is segmented into product, application, model type, pricing type, distribution channel, and geography.

Upright Clothes Steamer to emerge as the Largest Segment by 2025

Upright clothes steamer equipment is ideal for heavier garments as they are bulkier than hand-held streamers. These appliances have a large capacity and can steam clothes for a long duration. They are exceptionally stable and provide powerful and quick removal of wrinkles and creases. The presence of a large water tank at the base of the device enables steam to stay for a long duration. The availability of the built-in hanger makes upright steamers convenient for both residential and commercial consumers. The segment is expected to grow by over 5% in North America during the forecast period.

Retail Segment to capture Maximum Revenue in Global Clothes Steamer Market

The retail segment is expected to grow at a CAGR of over 5% during the forecast period. The retail industry is expected to undergo constant disruptions. The sector witnessed a strong increase in sales, owing to elevated consumer confidence, an increase in disposable personal incomes, coupled with a strong labor market. In order to maintain competitiveness, North American retailers are expected to increase their investment in the introduction of several innovative techniques, thereby enabling professionals as well as residential users to perform their tasks with ease and efficiency. The retail sector in Europe is reinventing itself to cater to changing consumer needs and requirements. Over the past few years, the dynamics of the clothing manufacturing industry has changed. Clothing vendors are increasing their investments in enhancing the productivity and resilience of their products.

Europe to Witness Substantial Clothes Steamer Demand

Europe is expected to witness substantial demand for clothes steamers during the forecast period. Increasing technological innovations in the product line-up offered by different vendors, along with other economic growth factors, are expected to propel clothes steamers demand. The European region is also likely to witness an increase in per capita disposable incomes, thereby driving the overall demand for several steamer appliances among professionals and residential end-users.

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Electrolux, Groupe SEB, Koninklijke Philips, and Panasonic are identified as prominent vendors in the global clothes steamer market.

The complete overview of the latest market research report on the global garment steamer market by Arizton is now available.

The report offers a detailed study of major trends, drivers, challenges and provides market sizing and forecast for major geographical regions and key countries.

Read more: https://www.arizton.com/news/press-release/global-garment-steamers-market-share-analysis

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