Latest Report Contains (87) Pages. Industry Research Biz (IRB) asserts that the global Electric Iron Market is predicted to garner a stellar CAGR during the forecast period (2023–2028).
"Final Report will add the analysis of the impact of COVID-19 on "Electric Iron" industry."
“Electric Iron Market” Report Insights with 87 + pages of analysis on business strategy taken up byemerging industry players, geographical scope, market segments, product landscape and cost structure. It also assists in Electric Iron market segmentation according to the industry’s latest and upcoming trends to the bottom-most level, topographical markets, and key advancement from both market and technology-aligned perspectives. This Electric Iron research also entails a detailed analysis of the current applications and comparative analysis with a keen focus on the opportunities and threats and competitive analysis of major companies.
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Highlights of Electric Irons market size and growth 2028:
Electric iron is a tool for levepng clothes and fabrics, and the power is generally between 300-1000W. Its type can be divided into: ordinary type, temperature control type, steam spray type and so on. Ordinary irons have a simple structure, they are inexpensive, and are easy to manufacture and maintain. Adjustable temperature iron can automatically adjust the temperature within the range of 60-250 °C and automatically cut off the power according to the different materials used in the appropriate temperature to iron than the average type to save power. The steam spray type electric iron has both temperature control function and steam generation, and some of it is equipped with a spray device, which epminates the trouble of artificial water spraying, and the clothing material has more uniform wetting and better ironing effect.
Due to the COVID-19 pandemic, the global Electric Iron market size is estimated to be worth USD 883.6 million in 2021 and is forecast to a readjusted size of USD 1223.6 million by 2028 with a CAGR of 4.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Electric Iron market is estimated at USD million in 2022, while the United States and China are forecast to reach USD million and USD million by 2028, respectively. The proportion of the United States is in 2022, while Chinese percentage is, and it is predicted that China market share will reach in 2028, traipng a CAGR of through the analysis period. As for the Europe Electric Iron landscape, Germany is projected to reach USD million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is and respectively for the next 6-year period.
First of all, the growth of the global electric iron is expected to witness a significant growth over the forecast period owing to constant innovation efforts of manufacturers to attract consumers. Customers attach importance to appearance and they are interested in wrinkle-free clothes, especially for commuters who need to wear suit every single day. The price of electric iron is cheap and cheerful, people find it easy to purchase. They do not have to go to cleaning stores to make clothes wrinkle-free. It is estimated that in the Asia-Pacific region especially in China, the demand for the product is expected to grow in forecast period.
This report focuses on Electric Iron volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Electric Iron market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Electric Iron Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Apppcation. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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Global Electric Iron Market: Segment Analysis
Electric Iron Market Size (sales, revenue) forecast by regions and countries from 2023 to 2028 of Electric Iron industry. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2023, region from 2017 to 2023, and global price from 2017 to 2028.
What are the Top Manufacturers of Electric Iron Market in 2023?
The Electric Iron market segmented by Types:
The Electric Iron market segmented by Applications:
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What are the Key Data Covered in this Electric Iron Market Report?
Regional Market Outlook
The Electric Iron market share growth in APAC will be significant during the forecast period. China is the key country for the Electric Iron market in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The growing population, rising disposable income, and improving economic scenario will drive the growth of the market in the region during the forecast period
COVID 19 Analysis
The COVID-19 outbreak brought the world to a complete standstill, with unforeseen and uncertain effects on people’s lives, communities, livelihoods, and economies. The risks of a worldwide recession, as well as job losses, surged. In this situation, it became imperative to predict the level of uncertainty, for which companies are adopting strategies to maximize returns, despite the market fluctuations.
The financial implications of the lockdown measures have had a profound impact on the Electric Iron market. Supply chain disruptions have been prevalent, hampering the growth prospects of the Electric Iron industry.
The study objectives of this report are:
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Key questions answered in the report:
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TOC of Electric Iron Market Report:
1 Electric Iron Market Overview
1.1 Product Overview and Scope of Electric Iron
1.2 Electric Iron Segment by Type
1.2.1 Global Electric Iron Market Size Growth Rate Analysis by Type 2022 VS 2028
1.3 Electric Iron Segment by Application
1.3.1 Global Electric Iron Consumption Comparison by Application: 2017 VS 2022 VS 2028
1.4 Global Market Growth Prospects
1.4.1 Global Electric Iron Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global Electric Iron Production Capacity Estimates and Forecasts (2017-2028)
1.4.3 Global Electric Iron Production Estimates and Forecasts (2017-2028)
1.5 Global Electric Iron Market by Region
1.5.1 Global Electric Iron Market Size Estimates and Forecasts by Region: 2017 VS 2022 VS 2028
1.5.2 North America Estimates and Forecasts (2017-2028)
1.5.3 Europe Estimates and Forecasts (2017-2028)
1.5.5 China Estimates and Forecasts (2017-2028)
1.5.5 Japan Estimates and Forecasts (2017-2028)
2 Market Competition by Manufacturers
2.1 Global Electric Iron Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Electric Iron Revenue Market Share by Manufacturers (2017-2022)
2.3 Electric Iron Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Electric Iron Average Price by Manufacturers (2017-2022)
2.5 Manufacturers Electric Iron Production Sites, Area Served, Product Types
2.6 Market Competitive Situation and Trends
2.6.1 Market Concentration Rate
2.6.2 Global 5 and 10 Largest Electric Iron Players Market Share by Revenue
2.6.3 Mergers and Acquisitions, Expansion
3 Production and Capacity by Region
3.1 Global Production Capacity of Market Share by Region (2017-2022)
3.2 Global Revenue Market Share by Region (2017-2022)
3.3 Global Production, Revenue, Price and Gross Margin (2017-2022)
3.4 North America Electric Iron Production
3.4.1 North America Electric Iron Production Growth Rate (2017-2022)
3.4.2 North America Electric Iron Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Electric Iron Production
3.5.1 Europe Production Growth Rate (2017-2022)
3.5.2 Europe Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 China Production
3.6.1 China Production Growth Rate (2017-2022)
3.6.2 China Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan Production
3.7.1 Japan Production Growth Rate (2017-2022)
3.7.2 Japan Production, Revenue, Price and Gross Margin (2017-2022)
4 Global Electric Iron Consumption by Region
4.1 Global Electric Iron Consumption by Region
4.1.1 Global Consumption by Region
4.1.2 Global Consumption Market Share by Region
4.2 North America
4.2.1 North America Consumption by Country
4.3.1 Europe Consumption by Country
4.4 Asia Pacific
4.4.1 Asia Pacific Consumption by Region
4.4.4 South Korea
4.4.6 Southeast Asia
4.5 Latin America
4.5.1 Latin America Consumption by Country
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