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Electric Ironers Global Market Sees Growth Rate Of 13% Through 2022

27 Apr, 2022

The global electric ironers market size is expected to grow from $1.11 billion in 2021 to $1.25 billion in 2022 at a compound annual growth rate (CAGR) of 12.9%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric ironer market is expected to reach $1.77 billion in 2026 at a CAGR of 9.1%.

What is the Global Electric Ironers Market?

The electric ironers manufacturing market consists of sales of electric ironers. An Ironer is a tool for leveling clothes and fabrics and uses power within a range of 300-1000W.

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What drives the Global Electric Ironers Market?

Rapid urbanization is expected to contribute to the growth of the ironers market in the forecast period. Globally, the percentage of the population living in urban areas is expected to increase from 56.2% in 2020 and reach 68% by 2050. The growth in the urban population coupled with the increasing demand among the millennials to look well-dressed, rise in disposable incomes, and increasing affordability among residents of cities will drive the demand for ironers.

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Global Electric Ironers Market Segments
The global electric ironers market is segmented:
By Product Type: Dry Iron, Steam Iron, Garment Steamer
By Function: Automatic, Non-Automatic
By Distribution Channel: Offline, Online
By Application: Residential, Commercial
By Geography: The regions covered in the electric ironers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Electric Ironers Global Market Report 2022provides market size and growth forecasts for the global electric ironers market, global electric ironers market share, electric ironers market segments and geographies, electric ironers market competitive landscape including leading competitors’ revenues, profiles and market shares. The electric ironers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Electric Ironers Industry Playersinclude GE, Hamilton Beach, Joy Mangano, Kenmore, Electrolux, Haier, Flyco, LG, Applica, and Black and Decker. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.