The Ironer s market size has grown strongly in recent years. It will grow from $0.87 billion in 2023 to $0.92 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth observed in the historical period can be attributed to various factors, including shifts in lifestyles and fashion trends, population growth, urbanization, and the increase in disposable income among consumers. These elements collectively contributed to the expansion of the Ironer market.
The Ironer s market size is expected to see steady growth in the next few years. It will grow to $1.11 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. Forecasted growth is driven by increased apparel care awareness, eco-friendly product demand, smart home integration, global economic trends, and evolving household structures. Key trends include wireless/cordless ironing, user-friendly controls, home automation integration, fast-heating tech, and quiet operation features.
Rapid urbanization is poised to be a significant contributor to the expansion of the Ironer s market in the projected timeframe. The global urban population is anticipated to reach 68% by 2050, reflecting a notable shift towards urban living. This trend, coupled with the growing inclination among millennials to maintain a well-dressed appearance, rising disposable incomes, and increased affordability in urban areas, is expected to fuel the demand for Ironer s.
The burgeoning textile industry is anticipated to drive the growth of the Ironer s market in the foreseeable future. The textile industry, a vital segment of the global economy encompassing textile production, manufacturing, and processing, relies on Ironer s to eliminate wrinkles and creases from fabrics. Ironer s offer various advantages to the textile industry, including heightened efficiency, reduced labor costs, improved quality, and enhanced safety standards. For example, in May 2023, Textile World reported that textile and apparel exports from the United States amounted to $34 billion in 2022, showcasing a notable increase from $28.4 billion in the previous year. This underscores the pivotal role of the growing textile industry in propelling the Ironer s market.
The Ironer s market is expected to face constraints due to the increasing demand for online on-demand laundry services in the forecast period. The on-demand laundry services market is poised to benefit from a stable economic growth outlook in various developed and developing countries. The International Monetary Fund (IMF) reported a global real GDP growth of 3.7% between 2019 and 2020 and projected a growth of 3.6% from 2021 to 2023. Emerging markets are anticipated to experience slightly faster growth than developed markets during this period. For instance, the World Bank indicated that China's GDP grew by approximately 8.1% in 2021. The combination of stable economic growth, increasing internet penetration, growing disposable income, and individuals' busy lifestyles is expected to drive the demand for on-demand laundry services, thereby limiting the growth of the Ironer s market.
Major companies are introducing innovative ironers such as the CAMILA MEGGY Chest Heated Flatwork Ironer to enhance their market presence and revenues. The CAMILA MEGGY Chest Heated Flatwork Ironer is a diathermic oil mangle with reverse double chests, offering a compact machine capable of drying, ironing, folding, counter-folding, and stacking up linen. For instance, in November 2022, TOLKAR, a Turkey-based company specializing in Ironer s, launched the CAMILA MEGGY Chest Heated Flatwork Ironer. This ironer features an in-built sheet folder, providing high heat conduction efficiency, excellent heating performance, and a long service life for an exceptional ironing experience. Additionally, the ironer is equipped with advanced features such as a self-folding chest heat ironer with feeder and stacker.
The market has witnessed a surge in the popularity of smart home ironers, representing devices connected to other smart technologies through the internet, Bluetooth, near-field communication (NFC), and Wi-Fi. The increasing demand for smart homes, coupled with rising internet and smartphone penetration, along with initiatives for energy efficiency, has contributed to the growing adoption of smart appliances. The expansion of Internet of Things (IoT) technology further facilitates the advancement of smart appliances. For instance, smart ironers are equipped with an accelerometer chip that automatically powers off the iron when in an idle state. Additionally, Bluetooth-enabled ironers offer users real-time insights into the iron's status, including temperature, power usage, and more, accessible on their mobile phones and other Bluetooth-enabled devices.
Major companies operating in the Ironer s market report are China Telecom Corporation Limited, Verizon Communications Inc., AT&T Inc., Deutsche Telekom AG, NTT Communications Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Orange S.A., Telefónica S.A., Ericsson AB, ZTE Corporation, CenturyLink Inc., IZZI Telecomunicaciones S.A.B. de C.V., SK Telecom Co. Ltd., Altice USA Inc., ARRIS International PLC, Foxtel Management Pty Limited, Sky Deutschland AG, Iliad S.A., Sterlite Technologies Limited, Viaccess-Orca SAS, Cablecom Holding AG, Verimatrix Inc., MatrixStream Technologies Inc., Mediaroom Holding AB, Tripleplay Services Limited, CoreTrust Inc., Necro IPTV, Akamai Technologies Inc., Moftak Solutions, Megacable S.A. de C.V., Nokia Corporation, Amino Communications Ltd., Anevia SAS, Ateme SAS, Broadpeak, Edgeware AB, Harmonic Inc., Minerva Networks Inc., Netgem S.A.
Asia-Pacific was the largest region in the Ironer s market in 2023. Western Europe was the second-largest region in the global Ironer s market. The regions covered in the ironers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the Ironer s market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Primary product types of Ironer s include dry irons, steam irons, and garment steamers. Steam irons generate steam from added water, aiding in removing creases from clothes. Ironers may feature automatic or non-automatic functions and are distributed through both online and offline channels for commercial and residential purposes.
The Ironer s market research report is one of a series of new reports that provides Ironer s market statistics, including Ironer s industry global market size, regional shares, competitors with Ironer s market share, detailed Ironer s market segments, market trends and opportunities, and any further data you may need to thrive in the Ironer s industry. This Ironer s market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The Ironer market consists of sales of dry iron, steam iron, and garment steamers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The Ironer s market size is expected to see steady growth in the next few years. It will grow to $1.11 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. Forecasted growth is driven by increased apparel care awareness, eco-friendly product demand, smart home integration, global economic trends, and evolving household structures. Key trends include wireless/cordless ironing, user-friendly controls, home automation integration, fast-heating tech, and quiet operation features.
Rapid urbanization is poised to be a significant contributor to the expansion of the Ironer s market in the projected timeframe. The global urban population is anticipated to reach 68% by 2050, reflecting a notable shift towards urban living. This trend, coupled with the growing inclination among millennials to maintain a well-dressed appearance, rising disposable incomes, and increased affordability in urban areas, is expected to fuel the demand for Ironer s.
The burgeoning textile industry is anticipated to drive the growth of the Ironer s market in the foreseeable future. The textile industry, a vital segment of the global economy encompassing textile production, manufacturing, and processing, relies on Ironer s to eliminate wrinkles and creases from fabrics. Ironer s offer various advantages to the textile industry, including heightened efficiency, reduced labor costs, improved quality, and enhanced safety standards. For example, in May 2023, Textile World reported that textile and apparel exports from the United States amounted to $34 billion in 2022, showcasing a notable increase from $28.4 billion in the previous year. This underscores the pivotal role of the growing textile industry in propelling the Ironer s market.
The Ironer s market is expected to face constraints due to the increasing demand for online on-demand laundry services in the forecast period. The on-demand laundry services market is poised to benefit from a stable economic growth outlook in various developed and developing countries. The International Monetary Fund (IMF) reported a global real GDP growth of 3.7% between 2019 and 2020 and projected a growth of 3.6% from 2021 to 2023. Emerging markets are anticipated to experience slightly faster growth than developed markets during this period. For instance, the World Bank indicated that China's GDP grew by approximately 8.1% in 2021. The combination of stable economic growth, increasing internet penetration, growing disposable income, and individuals' busy lifestyles is expected to drive the demand for on-demand laundry services, thereby limiting the growth of the Ironer s market.
Major companies are introducing innovative ironers such as the CAMILA MEGGY Chest Heated Flatwork Ironer to enhance their market presence and revenues. The CAMILA MEGGY Chest Heated Flatwork Ironer is a diathermic oil mangle with reverse double chests, offering a compact machine capable of drying, ironing, folding, counter-folding, and stacking up linen. For instance, in November 2022, TOLKAR, a Turkey-based company specializing in Ironer s, launched the CAMILA MEGGY Chest Heated Flatwork Ironer. This ironer features an in-built sheet folder, providing high heat conduction efficiency, excellent heating performance, and a long service life for an exceptional ironing experience. Additionally, the ironer is equipped with advanced features such as a self-folding chest heat ironer with feeder and stacker.
The market has witnessed a surge in the popularity of smart home ironers, representing devices connected to other smart technologies through the internet, Bluetooth, near-field communication (NFC), and Wi-Fi. The increasing demand for smart homes, coupled with rising internet and smartphone penetration, along with initiatives for energy efficiency, has contributed to the growing adoption of smart appliances. The expansion of Internet of Things (IoT) technology further facilitates the advancement of smart appliances. For instance, smart ironers are equipped with an accelerometer chip that automatically powers off the iron when in an idle state. Additionally, Bluetooth-enabled ironers offer users real-time insights into the iron's status, including temperature, power usage, and more, accessible on their mobile phones and other Bluetooth-enabled devices.
Major companies operating in the Ironer s market report are China Telecom Corporation Limited, Verizon Communications Inc., AT&T Inc., Deutsche Telekom AG, NTT Communications Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Orange S.A., Telefónica S.A., Ericsson AB, ZTE Corporation, CenturyLink Inc., IZZI Telecomunicaciones S.A.B. de C.V., SK Telecom Co. Ltd., Altice USA Inc., ARRIS International PLC, Foxtel Management Pty Limited, Sky Deutschland AG, Iliad S.A., Sterlite Technologies Limited, Viaccess-Orca SAS, Cablecom Holding AG, Verimatrix Inc., MatrixStream Technologies Inc., Mediaroom Holding AB, Tripleplay Services Limited, CoreTrust Inc., Necro IPTV, Akamai Technologies Inc., Moftak Solutions, Megacable S.A. de C.V., Nokia Corporation, Amino Communications Ltd., Anevia SAS, Ateme SAS, Broadpeak, Edgeware AB, Harmonic Inc., Minerva Networks Inc., Netgem S.A.
Asia-Pacific was the largest region in the Ironer s market in 2023. Western Europe was the second-largest region in the global Ironer s market. The regions covered in the ironers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the Ironer s market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Primary product types of Ironer s include dry irons, steam irons, and garment steamers. Steam irons generate steam from added water, aiding in removing creases from clothes. Ironers may feature automatic or non-automatic functions and are distributed through both online and offline channels for commercial and residential purposes.
The Ironer s market research report is one of a series of new reports that provides Ironer s market statistics, including Ironer s industry global market size, regional shares, competitors with Ironer s market share, detailed Ironer s market segments, market trends and opportunities, and any further data you may need to thrive in the Ironer s industry. This Ironer s market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The Ironer market consists of sales of dry iron, steam iron, and garment steamers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Ironers Market Characteristics3. Ironers Market Trends and Strategies32. Global Ironers Market Competitive Benchmarking33. Global Ironers Market Competitive Dashboard34. Key Mergers and Acquisitions in the Ironers Market
4. Ironers Market - Macro Economic Scenario
5. Global Ironers Market Size and Growth
6. Ironers Market Segmentation
7. Ironers Market Regional and Country Analysis
8. Asia-Pacific Ironers Market
9. China Ironers Market
10. India Ironers Market
11. Japan Ironers Market
12. Australia Ironers Market
13. Indonesia Ironers Market
14. South Korea Ironers Market
15. Western Europe Ironers Market
16. UK Ironers Market
17. Germany Ironers Market
18. France Ironers Market
19. Italy Ironers Market
20. Spain Ironers Market
21. Eastern Europe Ironers Market
22. Russia Ironers Market
23. North America Ironers Market
24. USA Ironers Market
25. Canada Ironers Market
26. South America Ironers Market
27. Brazil Ironers Market
28. Middle East Ironers Market
29. Africa Ironers Market
30. Ironers Market Competitive Landscape and Company Profiles
31. Ironers Market Other Major and Innovative Companies
35. Ironers Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Ironers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on ironers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for ironers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product Type: Dry iron; Steam Iron; Garment Steamer
2) By Function: Automatic; Non-automatic
3) By Distribution Channel: Offline; Online
4) By Application: Residential; Commercial
Key Companies Mentioned: China Telecom Corporation Limited; Verizon Communications Inc.; AT&T Inc.; Deutsche Telekom AG; NTT Communications Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- China Telecom Corporation Limited
- Verizon Communications Inc.
- AT&T Inc.
- Deutsche Telekom AG
- NTT Communications Corporation
- Huawei Technologies Co. Ltd.
- Cisco Systems Inc.
- Orange S.A.
- Telefónica S.A.
- Ericsson AB
- ZTE Corporation
- CenturyLink Inc.
- IZZI Telecomunicaciones S.A.B. de C.V.
- SK Telecom Co. Ltd.
- Altice USA Inc.
- ARRIS International plc
- Foxtel Management Pty Limited
- Sky Deutschland AG
- Iliad S.A.
- Sterlite Technologies Limited
- Viaccess-Orca SAS
- Cablecom Holding AG
- Verimatrix Inc.
- MatrixStream Technologies Inc.
- Mediaroom Holding AB
- Tripleplay Services Limited
- CoreTrust Inc.
- Necro IPTV
- Akamai Technologies Inc.
- Moftak Solutions
- Megacable S.A. de C.V.
- Nokia Corporation
- Amino Communications Ltd.
- Anevia SAS
- Ateme SAS
- Broadpeak
- Edgeware AB
- Harmonic Inc.
- Minerva Networks Inc.
- Netgem S.A.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 0.92 Billion |
Forecasted Market Value ( USD | $ 1.11 Billion |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Global |
No. of Companies Mentioned | 40 |