The Latin America, Middle East and Africa Garments Steamer Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030).
A water reservoir, a heating element, and a nozzle are the three components of a garment steamer. The heating element heats the water in the tank when the device is switched on, turning it into steam. The nozzle is then used to distribute steam in a controlled way. When the nozzle of the steamer is pushed over the fabric, the steam may penetrate the fibers, relax them, and remove wrinkles.
Due to the introduction of smart home appliances, there has been a growth in the demand for technologically advanced appliances in recent years. In order to successfully preserve the quality of their clothing, consumers are choosing textile care equipment with the newest and most sophisticated features. Additionally, high-tech appliances support customers' rising living standards by providing ease and efficiency in their job. Some significant manufacturers plan on product innovation in light of how consumers see improved textile care equipment.
In 2021, hotels in the UAE will accommodate 19 million guests, a rise of more than 29% from the number of visitors in 2020. Last year, 58% of the UAE's visitors were from within the country. In 2019, hotel revenue reached 28 billion AED, up to 70% higher than in 2020. Over the past year, the number of hotel nights booked has increased by 42% from 2020 to over 75 million. 67% is the highest hotel occupancy rate in the world's most renowned tourism destinations. The garment sterilizer market in the region is anticipated to experience significant growth due to the increasing demand from commercial establishments like hotels.
The Brazil market dominated the LAMEA Garments Steamer Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $68.5 Million by 2030. The Argentina market is showcasing a CAGR of 8.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.3% during (2023 - 2030).
Based on Type, the market is segmented into Upright, and Handheld. Based on Sales Channel, the market is segmented into Ecommerce, Supermarkets/Hypermarkets, Brand Outlets, Retail Stores, and Others. Based on End User, the market is segmented into Residential, and Commercial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Garments Steamer Market is Projected to reach USD 3.4 Billion by 2030, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Haier Smart Home Co., Ltd. (Haier Group Corporation), Koninklijke Philips N.V., Groupe SEB, Midea Group Co., Ltd., Panasonic Holdings Corporation, Hamilton Beach Brands, Inc. (Hamilton Beach Brands Holding Company), AB Electrolux (Electrolux), Conair LLC (American Securities LLC), Guangdong Chigo Air conditioning Co., ltd. and Jiffy Steamer Company, LLC.
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