PUBLISHER: SkyQuest | PRODUCT CODE: 1481446
PUBLISHER: SkyQuest | PRODUCT CODE: 1481446
Global Garments Steamer Market size was valued at USD 2.5 billion in 2022 and is poised to grow from USD 2.63 billion in 2023 to USD 3.88 billion by 2031, growing at a CAGR of 5% in the forecast period (2024-2031).
The global market for clothes steamers has grown significantly in the last several years. This rise is ascribed to many causes, including the growing demand from customers for eco-friendly and convenient clothing care solutions, the growing awareness of the advantages of garment steamers over traditional irons, and the significance of maintaining wrinkle-free clothes. Additionally, producers are producing portable and small garment steamers that meet the demands of a busy lifestyle, demonstrating evident innovation in product design and functionality. In addition, the development of power-green and sustainable garment steaming alternatives has been fueled by environmental awareness and consumer preference for eco-friendly products. Consequently, the global garment steamer market is well-positioned to continue growing and adapting to changing customer needs.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Garments Steamer Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Garments Steamer Market Segmental Analysis
The international clothes steamer market is segmented on the premise of type, sales channel, give up-consumer, and location. Based on type the marketplace is segmented as handheld and upright. On the basis of end consumer the market is segmented as Residential and commercial. Based on the sales channel, it's miles segregated into Supermarkets/Hypermarkets, Brand Outlets, Retail Stores, E-commerce, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Global Garments Steamer Market
The growing need for practical and effective garment care solutions is a major factor propelling the global garment steamer market. Garment steamers make it simpler for customers to preserve wrinkle-free clothing in their busy lives by offering a quicker and more user-friendly substitute for traditional irons. The use of clothes steamers is increasing as a result of the increased focus on comfort and time-saving features.
Restraints in the Global Garments Steamer Market
One major barrier to entry in the garment steamer business is the limited mobility and accessibility of these household appliances. Even though there are styles that are small and portable, some customers could find them less convenient to use than regular irons. The larger garment steamer models may also provide difficult circumstances in some locations or for those with limited garage space, which would prohibit their adoption.
Market Trends of the Global Garments Steamer Market
Sustainability and Eco-Friendly Solutions: As consumers' awareness of the environment has grown, manufacturers have been pressured to increase the number of electricity-powered clothes steamers that use less water and energy. Furthermore, there is a growing demand for items made using sustainable materials and packaging, which is in line with the global awareness of environmentally friendly consumption habits. This trend shows how the industry is moving toward more environmentally friendly methods as buyers want to lessen their carbon impact while still maintaining their look.