Owing to benefits such as better heating & easier application process, good fabric straightening, more sharp and crisp results, easy, large amount of steam production through garment steamer allowing faster ironing as opposed to traditional iron such as pressing iron, thus fostering growth in global garment steamers market.
The Garment Steamers Market is expected to reach US$ 3.04 Bn during the forecast period at a 6% CAGR.
Covid-19 Impact & Market Status
The covid-19 pandemic has significantly influenced the world including global garment steamers market. The shortage of workers, dearth of raw materials, and inappropriate prevention measures at production site, lack of materials due to pandemic led mobility restrictions, panic, and operational halts are the most known challenges encountered by garment steamers manufacturers across the world leading to reduced growth of global garment steamers market. However, the risk response strategies implied by the market players for design, budget, supply chain, and manufacturing operations are allowing market players sustain the pandemic. Furthermore, easing pandemic restrictions increasing focus on new and easy to use devices, the global garment steamers market.
This report provides financials of the market and then progresses to evaluation of each crucial attribute of the global garment steamers market in detail. The global garment steamers market report gives a detailed study on the present market position, expected future growth, technological advancements, investment opportunities, market economics and financial information of the global garment steamers market. The report gives access to decisive data including, growth drivers of the market, factors restraining market growth, latest market trends, economic & financial structure of the global garment steamers market, and other important highlights of the market.
Handheld Mini Steamers Size Type is the Most Attractive Segment
The global garment steamers market is classified into commercial floor models, mid-sized models, and handheld mini steamers on the basis of garment steamer size. Among these, the handheld mini steamers segment is expected to grow at a substantial percentile every year. A large part of this growth is expected to come from the rapidly increasing expenditure on household appliances, growing internet penetration and adoption of smartphones, and growing disposable incomes in Asia, APAC and North America implying significant potential for growth in the global garment steamers market. Moreover, handheld mini-steamers are best portable solutions for household needs. It heats up rapidly, effective for removing wrinkle and safe for delicate fabric. The handheld steamer has ideal water tank capacity which is the most important factor of a handheld garment steamer.
Household Segment to Remain Atop
The global garment steamers market is classified into large manufacturing plants and dry cleaners, small businesses, and household on the basis of application. Among these, the household segment is the largest segment in the global garment steamers market as people are investing in sustainable, higher-quality garments that will cause less damage to the environment as well as, convenient, affordable, devices that easily removes fabric wrinkles.
Industrial Applications to Ensure Revenue Maximization
The global garment steamers market is classified into online and offline based on Distribution Channel. Among these, the online segment made a substantial contribution to the Gross Domestic Product (GDP) and Compound Annual Growth Rate (CAGR) of global garment steamers market owing to key factors like increasing penetration of internet, growing adoption of smartphones leading to easy accessibility to variety of options.
North American Region to Render Ample Investment Avenues
North America in the global garment steamers market has witnessed rapid growth in recent years, in line with the growth in the US and Canadian economy and subsequent demand for easy to use and convenient steamers, rising high-disposable income, changing lifestyle, and increasing worker group. The changing lifestyle and rising high-disposable income are expected to remain the key factor for growth of North America in global garment steamers market.
The need to acquire flexibility, portability, and easy application along with practical and efficient results as opposed to traditional flat iron has accentuated the reliance on garment steamers.
Rapid applications of garment steamers across large manufacturing plants and dry cleaners, small businesses, and household are fostering remarkable progress in global garment steamers market.
The steam garment steamer moistens fibers of the clothes making ironing easier. It is compatible to all fabrics, safe, time efficient, offers durability to the fabric, and gives quick, convenient and hassle-free ironing experience. These advantages encourage further adoption of garment steamer collectively influencing global garment steamers market ensuring an overall market value of 4.6 billion USD by 2028 with an annual growth rate of 7.41% through the forecast span.
Garment steamer is a new electronic device designed to iron the clothes with ease and conveniently. It heats water until it becomes steam which is then applied to the clothes through a nozzle. The uniqueness of the steamer is that the powerful steam created by the steamer kills germs and bacteria from the fabric.
Factors such as rising middle class population buying fabric steamers, increased standard of living, changing lifestyles, and increasing income of working groups have stirred the global garment steamers market growth. Furthermore, consumers preferring eco-friendly zero emissions appliances, increased accessibility due to rising penetration of internet and adoption of smartphones, availability of varieties in offline as well as online stores are expected to have long term impact on the global garment steamers market.
However, intermittent steam owing to calcium deposits due to use of water, inadequate water tank capacity, technical inefficiencies, droplets leaving wet spots on garments are common problems shifting user preferences from garment steamers to using traditional fabric iron hampering the global garment steamers market. Conversely, increasing expenditure on household appliances, ease of use, and other factors such as lightweight, anti-rust water tank, durability of fabric are anticipated to witness increased adoption of garment steamers propelling the global garment steamers market.
The major players in global garment steamers market are Philips, GE Appliances, Electrolux AB, Samsung Electronics, IFB, Godrej & Boyce, Epica, LG, FRIDJA, Jiffy, Conair, GOODWAY, HOMETOP, FLYCO, Hong Xin, Chigo, Haier, Panasonic, and SALAV USA among others. These garment steamer manufacturers are innovatively developing new types of steamers from industrial to household application, improving working & barycenter stability, mobile convenience, and implementing technologically advanced methods for reducing production cost. These renowned industry players are unravelling new product portfolios and technological advancements for market fortification amidst Covid-19 impact.
Latest Innovations in the Global Garment Steamers Market: a Snapshot
- Philips Inc, recently released “EasyTouch Plus” Garment Steamer for descaling and easy cleaning of fabric. The garment steamer is equipped with advanced features.
- Samsung Electronics in October 2021 launched a series of smart home appliances for professional garment cleaning. The garment steamer offers better care experience to the customers ensuring it makes household chores easier and better.
Garment Steamers Market Scope
|Revenue forecast in 2028
|USD 4.6 billion
|CAGR of 7.41% during 2021-2028
|Size, Application, Distribution Channel, Regions
|North America, Europe, Asia Pacific, South America, The Middle East and South Africa
|Key Players Profiled
|Philips, GE Appliances, Electrolux AB, Samsung Electronics, IFB, Godrej & Boyce, Epica, LG, FRIDJA, Jiffy, Conair, GOODWAY, HOMETOP, FLYCO, Hong Xin, Chigo, Haier, Panasonic.
Key Segments of the Global Garment Steamers Market
Size Overview, 2018-2028 (USD Billion)
- Commercial floor models
- Mid-sized models
- Handheld mini steamers
Application Overview, 2018-2028 (USD Billion)
- Large manufacturing plants and dry cleaners
- Small businesses
Distribution Channel Overview, 2018-2028 (USD Billion)
Regional Overview, 2018-2028 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa