The global travel irons market size reached US$ 656.1 Million in 2023. Looking forward, the market is projected to reach US$ 932.8 Million by 2032, exhibiting a growth rate (CAGR) of 3.99% during 2023-2032. Increasing travel activities, the launch of innovative product variants, and the easy availability of travel irons via online apps represent some of the key factors driving the market.
Travel irons are small and portable equipment designed for ironing and removing wrinkles from clothes while traveling. They are manufactured using plastic and metal components, such as aluminum, stainless steel, polycarbonate, and acrylonitrile butadiene styrene. They comprise a steam plate, water tank, power cord, temperature control, and handle. They are used by travelers to iron their garments for work and other important occasions during trips. Nowadays, travel irons are available in cordless, rechargeable, battery-operated, and dual-voltage variants. Moreover, key players are introducing variants with safety features that enable automatic shut-off to prevent accidents and injuries and protect against overheating.
In addition, product manufacturers operating worldwide are introducing innovative travel irons that are incorporated with advanced features, such as multiple temperatures and steam settings for different types of fabrics, to make the experience easier and more efficient for the consumer. Apart from this, a considerable reliance on social media campaigns by influencers, celebrity endorsements, online tutorials, and reviews is increasing the overall sales of travel irons and generating brand awareness among the masses.
Furthermore, the rising reliance on online applications that offer a hassle-free shopping experience with a wide selection, easy returns, fast shipping and free home delivery facilities are currently offering lucrative growth opportunities to leading players operating in the industry. Besides this, the emerging trend of vertical ironing and steaming to remove wrinkles from garments is contributing to the growth of the market. Additionally, the growing trend of home-sharing platforms, such as Airbnb, is projected to influence the sales of travel irons among the masses in the coming years.
2. What is the expected growth rate of the global travel irons market during 2024-2032?
3. What are the key factors driving the global travel irons market?
4. What has been the impact of COVID-19 on the global travel irons market?
5. What is the breakup of the global travel irons market based on the type?
6. What is the breakup of the global travel irons market based on the distribution channel?
7. What are the key regions in the global travel irons market?
8. Who are the key players/companies in the global travel irons market?
Travel irons are small and portable equipment designed for ironing and removing wrinkles from clothes while traveling. They are manufactured using plastic and metal components, such as aluminum, stainless steel, polycarbonate, and acrylonitrile butadiene styrene. They comprise a steam plate, water tank, power cord, temperature control, and handle. They are used by travelers to iron their garments for work and other important occasions during trips. Nowadays, travel irons are available in cordless, rechargeable, battery-operated, and dual-voltage variants. Moreover, key players are introducing variants with safety features that enable automatic shut-off to prevent accidents and injuries and protect against overheating.
Travel Irons Market Trends
At present, significant growth in the travel and tourism industry, rapid urbanization, inflating income levels, and increasing traveling activities are among the major factors driving the demand for travel irons around the world. Moreover, there is a rise in the traction of cordless travel irons on account of their numerous benefits, including the convenience of ironing garments and being charged via a USB port. This, coupled with the growing consciousness among individuals about their overall appearance, is creating a positive outlook for the market.In addition, product manufacturers operating worldwide are introducing innovative travel irons that are incorporated with advanced features, such as multiple temperatures and steam settings for different types of fabrics, to make the experience easier and more efficient for the consumer. Apart from this, a considerable reliance on social media campaigns by influencers, celebrity endorsements, online tutorials, and reviews is increasing the overall sales of travel irons and generating brand awareness among the masses.
Furthermore, the rising reliance on online applications that offer a hassle-free shopping experience with a wide selection, easy returns, fast shipping and free home delivery facilities are currently offering lucrative growth opportunities to leading players operating in the industry. Besides this, the emerging trend of vertical ironing and steaming to remove wrinkles from garments is contributing to the growth of the market. Additionally, the growing trend of home-sharing platforms, such as Airbnb, is projected to influence the sales of travel irons among the masses in the coming years.
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the global travel irons market, along with forecasts at the global, regional, and country level from 2024-2032. The report has categorized the market based on 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
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global travel irons market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Bharat Light Machine, Conair Corporation, Koninklijke Philips N.V., Rowenta, Smartek USA Inc., Sunbeam Products Inc., Swan Brand, Usha International Limited, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
1. How big is the global travel irons market?2. What is the expected growth rate of the global travel irons market during 2024-2032?
3. What are the key factors driving the global travel irons market?
4. What has been the impact of COVID-19 on the global travel irons market?
5. What is the breakup of the global travel irons market based on the type?
6. What is the breakup of the global travel irons market based on the distribution channel?
7. What are the key regions in the global travel irons market?
8. Who are the key players/companies in the global travel irons market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Travel Irons Market
6 Market Breakup by Type
7 Market Breakup by Distribution Channel
8 Market Breakup by Region
9 Drivers, Restraints, and Opportunities
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Bharat Light Machine
- Conair Corporation
- Koninklijke Philips N.V.
- Rowenta
- Smartek USA Inc.
- Sunbeam Products Inc.
- Swan Brand
- Usha International Limited
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 137 |
| Published | April 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 656.1 Million |
| Forecasted Market Value ( USD | $ 932.8 Million |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
