Home
Consumer Goods
Consumer Electronics
Electric Iron Market Size, Share, Trend & Growth Report 2031

Electric Iron Market

Name: Growth Market Reports
Address: 500 East E Street, Ontario, 91764, USA
Telephone: +1 909 414 1393

Segments - by Products (Steam and Dry), Applications (Residential and Commercial), Functions (Non-automatic and Automatic), Distributions (Online and Offline), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

CG-352
4.3 Rating
115 Pages

Upcoming
71 Reviews

Author :

Debadatta Patel

Fact-checked by :

PARTHA PAUL

Editor :

Aman Singh

Report Description

The global electric iron market size was valued at USD 1.27 Billion in 2022 and is expected to surpass USD 2.60 Billion by 2031, expanding at a CAGR of 8.3% during the forecast period, 2023–2031. The growth of the market is attributed to the rise in demand by people, as they want to look well dressed. Ironed clothes symbolize that people belong to the top layer of the society.

The use of electric iron lengthens the life of fabric over time, as it avoids fraying of clothes. Moreover, it is far better than dry cleaning, which uses damaging chemicals like perchloroethylene. Ironing helps in eradicating the odor of bleach from the clothes. Ironed clothes help create good impressions.

Electric Iron Market Trends, Drivers, Restraints, and Opportunities

People employed in corporate companies have incorporated ironed clothes as a part of office wear. This, in turn, drives the market growth.
Many educational institutes and schools have made it compulsory for students to wear clean and ironed clothes to inculcate discipline, hygiene, and a good lifestyle among students. This has fueled the market.
Electric irons require electricity for usage, which may hinder the market growth.
Rising practice of laundry services is influencing the growth of the electric iron market.

Scope of Electric Iron Market Report

The report on the global electric iron market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Electric Iron Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Products (Steam and Dry), Applications (Residential and Commercial), Functions (Non-automatic and Automatic), Distributions (Online and Offline)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	BCL Electronic, Bajaj Electricals Ltd., BLACK+DECKER Inc., Home Appliances FZE, BSH, Eveready Industries India Ltd., Crompton, Groupe SEB India, Impex technologies.in., Hamilton Beach, Jaipan, Havells India Ltd., Orient Electric, Osian, Koninklijke Philips N.V., Sears Brands, Singer, LLC (Kenmore), and Panasonic.

Electric Iron Market Segment Insights

Products Segment Analysis

Based on products, the global electric iron market is bifurcated into dry and steam segments. The dry product segment is expected to expand at a rapid pace during the forecast period. These products are light and small. Limited maintenance and simple mechanism have helped to keep the prices low.

These products do not need much maintenance other than protecting it from scratches. These factors have propelled the segment growth. Steam products are anticipated to increase at a CAGR of 8.5% during the forecast period. The process of steam production has made ironing easy, simple, and fast.

Steam products can be used for both steaming and ironing of clothes; thus, it is economical to buy single equipment instead of two. Some organizations have announced that steam irons are optimal for various types of fabrics and thus use only steam irons for their products. This is estimated to fuel the steam segment.

Applications Segment Analysis

On the basis of applications, the global electric iron market is segregated as residential and commercial. The commercial segment is anticipated to expand at a robust CAGR during the forecast period.

Tailors and commercial laundry service providers are the main contributors for the growth of the segment. Laundry service providers use steam appliances to iron clothes, as they provide a crisp crease swiftly. Most of the tailor’s stich and iron the dresses to give it a proper fitting and shape.

The residential segment is estimated to expand at a rapid CAGR of 8.5% during the forecast period. Middle class families buy the appliances rather than depending on service providers. This factor is projected to boost the market in the segment.

Functions Segment Analysis

In terms of functions, the global electric iron market is fragmented as non-automatic and automatic. The non-automatic segment contributes more than 50% to the total revenue share. These products are priced low as compared to automatic products.

Additionally, non-automatic products have the ability to heat up quickly and are heavy in weight. Automatic products are anticipated to expand at a high CAGR of 8.5% during the forecast period. These irons come with thermostat that guarantees that clothes are not burned. The stability in temperature increases the lifespan of the appliance.

Distribution Segment Analysis

Based on distributions, the global electric iron market is classified as online and offline. The offline segment is expected to expand at a rapid pace during the forecast period, owing to large number of consumers in emerging countries such as India and China, who rely on nearby stores for shopping. The consumers make sure to check the product personally before purchasing.

The online segment is projected to show rapid growth, owing to increase in the use of tablets and smartphones across the globe. In this segment, there are no regional and country barriers. Discounts provided on websites are can attract the consumers, thereby boosting the market.

Regional Analysis

On the basis of regions, the global electric iron market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The growth of the market in North America is attributed to availability of variety of products.

According to World Bank data, 100% residents in the US and Canada have electricity, which satisfies the basic requirement of using an electric iron. These factors are driving the market in the segment.

Asia Pacific is estimated to be a rapidly growing market during the forecast period. Manufacturers from China and Japan are making enhanced products at low cost. Moreover, rising availability of electricity is a major factor boosting the market.

Segments

The global electric iron market has been segmented on the basis of

Products

Steam
Dry

Applications

Residential
Commercial

Functions

Non-automatic
Automatic

Distribution

Online
Offline

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

BCL Electronic
Bajaj Electricals Ltd.
BLACK+DECKER Inc.
Home Appliances FZE
BSH
Eveready Industries India Ltd.
Crompton
Groupe SEB India
Impex technologies.in.
Hamilton Beach
Jaipan
Havells India Ltd.
Orient Electric
Osian
Koninklijke Philips N.V.
Sears Brands
Singer
LLC (Kenmore)
Panasonic

Competitive Landscape

Key players in the global electric iron market include BCL Electronic, Bajaj Electricals Ltd., BLACK+DECKER Inc., Home Appliances FZE, BSH, Eveready Industries India Ltd., Crompton, Groupe SEB India, Impex technologies.in., Hamilton Beach, Jaipan, Havells India Ltd., Orient Electric, Osian, Koninklijke Philips N.V., Sears Brands, Singer, LLC (Kenmore), and Panasonic.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Iron Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Electric Iron Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Electric Iron Market - Supply Chain
  4.5. Global Electric Iron Market Forecast
     4.5.1. Electric Iron Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Electric Iron Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Electric Iron Market Absolute $ Opportunity
5. Global Electric Iron Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Electric Iron Market Size and Volume Forecast by Types
     5.3.1. Steam
     5.3.2. Dry
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Electric Iron Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Electric Iron Market Size and Volume Forecast by Applications
     6.3.1. Residential
     6.3.2. Commercial
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Electric Iron Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Electric Iron Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Electric Iron Demand Share Forecast, 2019-2026
8. North America Electric Iron Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Electric Iron Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Electric Iron Market Size and Volume Forecast by Types
     8.4.1. Steam
     8.4.2. Dry
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Electric Iron Market Size and Volume Forecast by Applications
     8.7.1. Residential
     8.7.2. Commercial
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Electric Iron Demand Share Forecast, 2019-2026
9. Latin America Electric Iron Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Electric Iron Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Electric Iron Market Size and Volume Forecast by Types
     9.4.1. Steam
     9.4.2. Dry
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Electric Iron Market Size and Volume Forecast by Applications
     9.7.1. Residential
     9.7.2. Commercial
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Electric Iron Demand Share Forecast, 2019-2026
10. Europe Electric Iron Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Electric Iron Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Electric Iron Market Size and Volume Forecast by Types
     10.4.1. Steam
     10.4.2. Dry
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Electric Iron Market Size and Volume Forecast by Applications
     10.7.1. Residential
     10.7.2. Commercial
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Electric Iron Demand Share Forecast, 2019-2026
11. Asia Pacific Electric Iron Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Electric Iron Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Electric Iron Market Size and Volume Forecast by Types
     11.4.1. Steam
     11.4.2. Dry
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Electric Iron Market Size and Volume Forecast by Applications
     11.7.1. Residential
     11.7.2. Commercial
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Electric Iron Demand Share Forecast, 2019-2026
12. Middle East & Africa Electric Iron Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Electric Iron Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Electric Iron Market Size and Volume Forecast by Types
     12.4.1. Steam
     12.4.2. Dry
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Electric Iron Market Size and Volume Forecast by Applications
     12.7.1. Residential
     12.7.2. Commercial
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Electric Iron Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Electric Iron Market: Market Share Analysis
  13.2. Electric Iron Distributors and Customers
  13.3. Electric Iron Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. BCL Electronic
     13.4.2. Bajaj Electricals Ltd.
     13.4.3. BLACK+DECKER Inc.
     13.4.4. Home Appliances FZE
     13.4.5. BSH
     13.4.6. Eveready Industries India Ltd.
     13.4.7. Crompton
     13.4.8. Groupe SEB India
     13.4.9. Impex technologies.in.
     13.4.10. Hamilton Beach
     13.4.11. J

Methodology

Purchase Premium Report

Buy Now

Request For Sample

Request For Customization

Enquiry Before Buying

Speak With Analyst

Customize This Report

Ask for Research To Be Focused On Specific Regions or Segments
Receive Data As Per Your Format and Definition
Companies Profiled based on Your Requirements
Breaking Down Competitive Landscape as per Your Requirements
Any Level of Customization

Our Clients

Client Testinomials

We needed a highly accurate and precise report, which Growth Market Reports delivered promptly. The company compiled information from a wide array of reliable agencies and sourcess.It is extremely satisfactory to be working with you.
Strategy Head of Major Tech Company

We were very pleased to contact Growth Market Reports as they tailored reports precisely as per our requirements. As we are dealing with the aerospace and defense industry, we need reports of high accuracy and substantial quality.
Major Player in Defense Industry

Extremely delighted to have a well-crafted report on “Global Packaging Solutions Market Research Report” from your team. Thank you for providing me with all our requirements and for incorporating our suggestions.
CMO of Leading Packaging Company from USA

I had a good experience working with Growth Market Reports as they were very open to all constructive changes in the report. I found that the report had its charm embedded with ample of data.
Founder and Managing Partner of Major Korean Company

Our company has been working with Growth Market Reports for some years now and we are very happy with the quality of the reports provided by the company.I, on behalf of my organization, would like to thank you for offering professional reports.
Global Consulting Firm

Quick Contact

+1 909 414 1393

sales@growthmarketreports.com

Growth Market Report

Certified By