According to a new report, published by KBV research, The Global Garments Steamer Market size is expected to reach $3.4 billion by 2030, rising at a market growth of 4.9% CAGR during the forecast period.
The Handheld segment would register a CAGR of 6.4% during (2023 - 2030). A handheld steamer is a compact appliance used to de-wrinkle clothing. It has several interchangeable attachments, including a creaser, nozzle, and others, depending on the kind of clothes to be treated. By applying heat to the fabric's surface, the handheld steamer helps remove smooth creases.
The Ecommerce segment is leading the Global Garments Steamer Market by Sales Channel in 2022; thereby, achieving a market value of $1.1 billion by 2030. Nowadays, customers prefer to buy small appliances online since it is convenient and provides a large selection of brands that are unavailable in shops. With the advancement of technology and the increased accessibility of online services, consumers are becoming more aware of the many societal buying patterns.
The Commercial segment would showcase a CAGR of 5.7% during (2023 - 2030). The expanding usage of garment steamers in the hospitality, retail, and fashion industries is an important trend. Garment steamers are used by hotels and resorts to quickly and effectively steam visitors’ clothes, towels, and uniforms, ensuring a spotless image. In the retail industry, garment steamers often remove wrinkles from clothing, resulting in a well-maintained and attractive appearance for customers.
The Asia Pacific region dominated the Global Garments Steamer Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.4 billion by 2030. The Europe market is poised to grow at a CAGR of 4.5% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 4.2% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/garments-steamer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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