Press release
Garment Steamer Market Status and Future Pathways Report 2024 - 2031 | Haier Group Corporation, Koninklijke Philips N.V
Garment Steamer Market
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 growth of the garment steamer market is driven by rising consumer awareness towards fabric care and advantages of steaming over traditional ironing methods. Steaming helps retain color and brightness of fabrics for longer by preventing fabric damage and remains. It also eliminates 99.9% of bacteria and germs from clothes. Additionally, ease of use and portability of contemporary steamers make them popular among busy consumers. Rapid urbanization and hectic schedules leave little time for tedious chores like ironing, thereby propelling the sales of garment steamers.
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Garment Steamer Market Drivers: Rising Demand for Easy and Quick Fabric Care Solutions
The garment steamer market is growing rapidly due to the increasing demand for easy and quick fabric care solutions from both commercial and residential consumers. Traditional ironing methods are becoming less popular as they are time-consuming. Garment steamers provide a fast and effective solution to remove wrinkles and refresh fabrics without hassle. In the past few years, there has been a notable shift in consumer preference towards convenient cleaning appliances that save time and effort. This growing demand for hassle-free fabric care is a key factor driving sales of garment steamers.
Garment Steamer Market Opportunity: Product Innovation and Development of Multi-Functional Devices
To counter the higher cost restraint and attract more buyers, garment steamer manufacturers have a major market opportunity in continuous product innovation and developing multi-functional steamer models. Combining garment steaming with features like horizontal pressing, crease removal, de-wrinkling of bedsheets and curtains expands the usability of these appliances beyond just clothes. By incorporating additional functionalities, manufacturers have potential to justify a higher price point better. Developing garment steamers that serve dual or multiple purposes compared to conventional ironing creates greater value for money and improves sales potential. Constant innovation in product design, features and technology also helps companies to keep refreshing their portfolios and stay competitive in this growing market space.
Garment Steamer Market Trend: Rising Adoption of Cordless Portable Steamers
A major trend gaining momentum in the garment steamer industry is the growing popularity of portable, cordless steamer models. With increasingly hectic modern lifestyles, consumers prefer the flexibility and convenience offered by compact, lightweight steamers that can be carried anywhere for quick fabric refreshing on the go. Cordless portable steamers do not require finding power outlets and are safer and mess-free compared to traditional ironing alternatives. Their versatile usage allows touch-ups even while traveling. As a result, there is increasing shift observed towards portable garment steamers that can be used anywhere easily. Manufacturers are responding to this trend by focusing more development efforts on innovative cordless models with advanced rechargeable batteries and other upgraded features.
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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 Inquiries Addressed in this Report include:
📈 What was the size of the Garment Steamer Market in 2024, and what is the projected value by 2031?
📈 What is the present global market landscape for the Garment Steamer Market?
📈 What strategies offer optimal opportunities for growth maximization in the business?
📈 What recent trends are shaping the Garment Steamer Market?
📈 How does the market share of Garment Steamer Market revenue, sales, and size vary across specific geographical regions?
📈 Who are the prominent industry players in the Garment Steamer Market?
📈 Which segment of the Garment Steamer Market is experiencing heightened demand?
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:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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