PUBLISHER: Global Insight Services | PRODUCT CODE: 1632830
PUBLISHER: Global Insight Services | PRODUCT CODE: 1632830
The garment steamer market is anticipated to expand from $3.9 billion in 2024 to $6.5 billion by 2034, achieving a compound annual growth rate (CAGR) of 5.1%.
The garment steamer market encompasses the industry dedicated to manufacturing and distributing devices designed to remove wrinkles and freshen fabrics through steam application. This market includes a diverse range of products, from compact handheld steamers to professional-grade standing units, catering to both domestic and commercial users. As consumers increasingly prioritize convenience and fabric care, the demand for garment steamers is driven by advancements in technology, portability, and energy efficiency, offering lucrative opportunities for innovation and market expansion.
The garment steamer market is witnessing robust growth, driven by increasing consumer preference for convenient and efficient garment care solutions. Portable garment steamers are the top-performing sub-segment, favored for their compact design and ease of use, making them ideal for frequent travelers and small households. Upright garment steamers follow closely, offering superior performance for larger garments and heavy-duty steaming needs, thus appealing to professional and commercial users.
Regionally, North America leads the market, supported by high disposable incomes and a strong inclination towards advanced home appliances. Europe is the second-highest performing region, where eco-friendly and energy-efficient steamers are gaining traction due to stringent environmental regulations and a growing emphasis on sustainability. In terms of countries, the United States dominates the market, driven by technological advancements and widespread adoption of smart home devices, while China emerges as a significant player, propelled by rapid urbanization and a burgeoning middle class.
In 2023, the Garment Steamer Market exhibited a robust volume of 150 million units, with projections to ascend to 250 million units by 2033. The handheld garment steamer segment dominates with a commanding 55% market share, driven by its portability and convenience. Meanwhile, the upright steamer segment holds a 30% share, favored for its efficiency in commercial settings. Travel steamers account for the remaining 15%, reflecting a niche yet growing demand among frequent travelers. Consumer preferences for wrinkle-free attire and increasing disposable incomes are pivotal in shaping these dynamics.
The competitive landscape is characterized by key players such as Conair Corporation, Jiffy Steamer, and Philips, each leveraging innovation and brand loyalty to maintain market dominance. Regulatory influences, including energy efficiency standards and safety certifications, significantly impact product development and market entry. Future projections indicate a 10% annual growth rate, fueled by advancements in technology and a shift towards eco-friendly solutions. The integration of smart features and the expansion of online retail channels are expected to further propel market growth. Nonetheless, challenges such as intense competition and fluctuating raw material prices may pose hurdles to sustained expansion.
In the garment steamer market, Asia Pacific holds a commanding lead, driven by increasing consumer demand in countries such as China and India. The rising middle class and urbanization in these nations fuel the adoption of garment steamers as essential household appliances. North America follows closely, with the United States leading due to its high disposable income and consumer preference for convenience. The region's focus on innovation and technological advancements also propels market growth. Europe remains a significant player, with countries like Germany and the UK showing strong demand for eco-friendly and energy-efficient steamers, aligning with their environmental commitments.
Jiffy Steamer, Pur Steam, Rowenta, Conair, Steamfast, Reliable Corporation, SALAV, Pure Enrichment, URPOWER, Hilife, Magic Pro, BIZOND, Shark Ninja, i Steam, Beautural, Lemontec, Aicok, Homever, Dodocool, Isiler
U.S. Census Bureau - Economic Indicators, European Commission - Eurostat, World Trade Organization - Trade Statistics, United Nations Industrial Development Organization (UNIDO), International Labour Organization - Sectoral Policies Department, U.S. Department of Commerce - Office of Textiles and Apparel, European Apparel and Textile Confederation (EURATEX), International Textile Manufacturers Federation (ITMF), Textile Exchange - Market Reports, Sustainable Apparel Coalition - Higg Index Data, United Nations Conference on Trade and Development (UNCTAD), World Bank - Global Economic Prospects, International Monetary Fund - World Economic Outlook, University of Manchester - School of Materials, Fashion Institute of Technology - Center for Sustainable Fashion, Harvard University - Business School Research on Retail and Consumer Products, London College of Fashion - Centre for Fashion Enterprise, International Conference on Apparel and Home Textiles, Global Fashion Conference, Textile Institute World Conference, International Apparel Federation Annual Convention
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