Press release
Garment Steamer Industry to Observe Strong Development by 2024 - 2031 | Haier Group Corporation, Koninklijke Philips N.V
Garment Steamer Industry
The garment steamer market is estimated to be valued at USD 2.77 Bn in 2024 and is expected to reach USD 3.95 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Market Dynamics:
The garment steamer market is expected to witness significant growth over the forecast period owing to the growing fashion industry around the world. The rising disposable income of consumers has increased their spending on fashionable clothing. This has augmented the demand for effective wrinkle removal solutions like garment steamers. Additionally, rapid urbanization and increasing women workforce have further accelerated the growth of the global fashion industry. Garment steamers offer a convenient solution for steaming various fabrics without risk of burn damage. Their ease of use and time-saving ability make them a preferred choice over conventional irons. This is expected to drive the demand for garment steamers during the forecast period.
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Rise in Fashion Industry Boosting Demand for Garment Steamers
The global fashion industry has seen tremendous growth over the past decade. As fashion becomes more trend-oriented and seasonal, people are buying new clothing items more frequently to keep up with the latest styles and trends. This has increased the demand for garment care products that help maintain these clothes. Garment steamers have become an essential tool for getting rid of wrinkles and refresh fabrics, enabling clothing to look freshly pressed and styled. Whether it's getting dressed for work each day or putting together an outfit for a special event, steamers allow people to effortlessly de-wrinkle their clothes and maintain a well-put together appearance. The constant renewal of wardrobes occurring in the fashion world has translated into higher sales of garment steamers in both developed and emerging markets.
Rising E-Commerce Sales Opening New Opportunities
E-commerce has vastly expanded product discovery and purchase channels for consumers worldwide. People now heavily rely on online platforms for a wide variety of purchases including home appliances and personal care items. Garment steamer sales have benefited from this growth of online retail spaces. Websites and mobile apps allow users to easily browse options from multiple brands, read reviews, and have the product delivered directly. This saves time versus visiting physical stores. Garment steamer companies have an opportunity to partner with major online retailers and marketplaces to reach a global audience. Offering attractive deals, payment options, and convenient delivery can help capture more customers shopping for garments care items online. As e-commerce continues expanding across regions, it will remain a key avenue driving future garment steamer sales.
Sustainability Focus Shaping Purchase Preferences
Rising environmental awareness is impacting consumer purchase patterns in various categories. In garment and fabric care, there is a push towards more Earth-friendly alternatives to traditional dry cleaning which uses harmful chemicals. Garment steamers provide a green solution as they sanitize fabrics using just water vapor. Many newer models also feature low power consumption and automatic shutoffs to reduce energy wastage. Leading brands are highlighting the eco-friendly qualities of their steamers to appeal to sustainability-oriented buyers. This emerging trend empowers consumers to make purchases supporting important causes like reduced pollution and carbon footprint. By aligning with shifting preferences, garment steamer manufacturers can future-proof their businesses and attract a growing community focused on environmentally-preferred options.
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Top Companies Featured in This Report:
★ Haier Group Corporation
★ Koninklijke Philips N.V
★ Rowenta
★ Chigo
★ Midea Group Co. Ltd.
★ Conair
★ Jiffy Steamer
★ AB Electrolux
★ Panasonic Marketing Middle East & Africa FZE
★ Shanghai Flyco Electrical Appliance Co. Ltd
★ Pursteam
★ Philips
★ Rossmann
★ Ningbo Shuaiwei Electric Appliance Co.
★ Ltd
★ Conair
★ Rowenta USA
★ Black+Decker
★ Singer
★ Propress
★ Groupe SEB
Market Segmentation:
By Product Type:
★ By Type: Handheld and Upright
★ By Distribution Channel: Online and Offline
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Insights from the Global Garment Steamer Market Analysis:
Market Size Evaluation: Assessing the value and sales volume of the Garment Steamer market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Garment Steamer market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Garment Steamer market.
Segment Analysis: Examining the market value and sales volume of Garment Steamer by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Garment Steamer market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Garment Steamer sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )
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