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Monday, February 26, 2024

Travel Irons Market Global Report & Industry Forecast 20203-2028

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Industry Overview of Travel Irons Market

Travel irons are compact and portable devices specifically designed for ironing and wrinkle removal while traveling. These irons are crafted using a combination of plastic and metal components, such as aluminum, stainless steel, polycarbonate, and acrylonitrile butadiene styrene (ABS). They typically consist of a steam plate, water tank, power cord, temperature control, and a handle.

Travelers rely on these irons to effectively press their clothes for work and other important occasions while on the go. They provide the convenience of maintaining a polished and presentable appearance during trips.

Currently, travel irons are available in various versions to cater to different needs. This includes cordless models that offer freedom of movement, rechargeable options for convenience, battery-operated variants for portable use, and dual-voltage irons suitable for international travel where different voltage standards are present.

How Big Is the Travel Irons Market?

The global travel irons market size reached US$ 628.3 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 838.6 Million by 2028 exhibiting a CAGR of 4.4% during 2023-2028.

Travel Irons Market Trends and Drivers:

The travel irons market is experiencing growth driven by several factors. The expansion of the travel and tourism industry, as well as increasing urbanization and income levels of consumers, are contributing to market growth. Additionally, the rising awareness among consumers, aided by social media campaigns, influencer endorsements, online tutorials, and reviews, is boosting overall sales of travel irons. The demand for cordless irons is on the rise due to their convenience and benefits, such as the ability to charge them via a Universal Serial Bus (USB) port. Manufacturers worldwide are introducing innovative product variants with advanced features, including multiple temperature and steam settings for different fabric types, enhancing the consumer experience and efficiency.

The emerging trend of vertical ironing and steaming, which allows for effective wrinkle removal from garments, is positively influencing the market. Furthermore, the growing popularity of home-sharing platforms like Airbnb is expected to drive the demand for travel irons in the foreseeable future. Overall, the combination of factors such as industry growth, consumer awareness, product innovation, and changing ironing trends is fueling the growth of the travel irons market.

Global Travel Irons Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Bharat Light Machine, Conair Corporation, Koninklijke Philips N.V., Rowenta, Smartek USA Inc., Sunbeam Products Inc., Swan Brand, Usha International Limited.

The report segmented the market based on region, type and distribution channel.

Type Insights:

  • Less than 1 lb
  • Above 1 lb

Distribution Channel Insights:

  • Specialty Retailers
  • Department Stores
  • Supermarkets and Hypermarkets
  • Discount Stores
  • Others

Regional Insights:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Key Highlights of the Report:

Market Performance (2017-2022)

Market Outlook (2023-2028)

Market Trends

Market Drivers and Success Factors

Impact of COVID-19

Value Chain Analysis

Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Website: https://www.imarcgroup.com/

Follow us on Twitter: @imarcglobal

Linkedin: https://www.linkedin.com/company/imarc-group

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