Press release
Garment Steamer Market Projected to Witness Vigorous Expansion by 2024 - 2031 | Haier Group Corporation, Koninklijke Philips N.V
Market Overview: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 grow owing to increasing demand for easy fabric care solutions and rising working professional population. Garment steamers help in removing wrinkles quickly without excessive heating compared to traditional ironing. They are particularly useful for delicate fabrics like silk which cannot be ironed. Furthermore, rapid urbanization and busier lifestyle have increased the demand for convenient cleaning appliances like steamers.
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Leading Market Driver: Growing Demand for Wrinkle-Free Clothes
The garment steamer market is being driven by the increasing demand for wrinkle-free clothes around the world. People are increasingly opting for garments that do not require ironing in order to save time on laundry chores. Garment steamers provide an effective and convenient solution for removing wrinkles from clothes without damaging the fabrics. They allow users to seamlessly steam clothes hanging in the closet or worn on the body. The fast-pacing lifestyles and hectic schedules leave little time for ironing, which is boosting the sales of garment steamers. Additionally, steamers are also considered environmentally-friendly as they reduce the carbon footprint by lowering the energy consumption compared to traditional irons. With more people embracing a greener lifestyle, garment steamers are becoming a popular choice.
Key Market Opportunity: Growth in E-Commerce Retail
The rapid growth of the e-commerce retail sector presents a lucrative opportunity for the expansion of the garment steamer market. Online shopping portals give brands and retailers access to a wider customer base beyond geographical limitations. They also help raise product awareness through aggressive marketing strategies. Steamers available on leading e-commerce websites get high visibility with easy discovery, reviews and comparisons. Many online stores offer competitive prices, discounts, cashbacks as well as quick doorstep delivery. This encourages more consumers across regions to purchase steamers sitting at home. Additionally, the option of purchasing from international websites has opened up new export opportunities for steamer manufacturers globally. Companies strengthening their online product listings and omnichannel presence can significantly boost sales revenues. The boom in e-commerce provides a persuasive platform to tap rising demand.
Notable Market Trend: Increasing Popularity of Multi-Functional Garment Steamers
A noteworthy trend gaining momentum in the garment steamer market is the rising demand for multi-functional models that offer versatile uses. While conventional steamers are primarily used for wrinkle removal, latest variants provide added capabilities like fabric sterilization and deodorization. Manufacturers are launching steamers integrated with powerful sanitizing steam that removes dust mites, germs and bacteria from fabrics. They are effective in killing viruses as well. Some advanced models double up as clothing care centers, combining features of iron, garment steamer as well as trouser press. Portable variants that work as steam generators are being used for home and kitchen cleaning purposes too. With the outbreak of Covid-19 pandemic, consumers are looking for all-in-one steamers offering hygienic solutions. Their popularity is expected to surge further as multifunctionality gains traction in the market
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Top Companies Featured in This Report:
β Haier Group Corporation
β Koninklijke Philips N.V
β Rowenta
β Chigo
β Midea Group Co. Ltd.
β Conair
β Jiffy Steamer
β AB Electrolux
β Panasonic Marketing Middle East & Africa FZE
β Shanghai Flyco Electrical Appliance Co. Ltd
β Pursteam
β Philips
β Rossmann
β Ningbo Shuaiwei Electric Appliance Co.
β Ltd
β Conair
β Rowenta USA
β Black+Decker
β Singer
β Propress
β Groupe SEB
Market Segmentation:
By Product Type:
β By Type: Handheld and Upright
β By Distribution Channel: Online and Offline
Key Regions/Countries Classified as Follows:
Β» North America (U.S., Canada, Mexico)
Β» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Β» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
Β» South America (Brazil, Argentina, Rest of SA)
Β» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Trends in Navigation Keyword Market:
Market Growth: Expect significant expansion in the navigation keyword market, with a projected Compound Annual Growth Rate (CAGR) of 14.65% from 2024 to 2031.
Increasing Demand: Notice a surge in demand for navigation keywords due to the widespread adoption of GPS-enabled devices and the need for precise mapping data.
Technological Innovations: Witness innovative breakthroughs enhancing the accuracy and reliability of navigation keywords, such as real-time traffic updates, 3D mapping, and augmented reality.
Tailored Solutions: Explore industry-specific navigation keyword solutions designed to meet the unique needs of automotive, aviation, and maritime sectors.
Integration with Advanced Technologies: Embrace the integration of navigation keywords with cutting-edge technologies like artificial intelligence and the Internet of Things, unlocking advanced functionalities.
Mobile Applications: Embrace the convenience and accessibility of navigation keywords through mobile applications, catering to the evolving needs of consumers.
Environmental Sustainability: Embrace environmentally conscious navigation keyword solutions that address issues like traffic congestion and air quality, promoting sustainable transportation options.
Report Highlights:
π Examination of navigation keyword market share at both country and regional levels
π Thorough analysis of the competitive landscape and emerging trends
π Detailed review of product advancements, technological developments, drivers, and limitations
π Strategic recommendations tailored for key business segments based on market insights
π Valuable guidance for newcomers venturing into the navigation keyword market
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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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