Garment Steamer Market Is Booming Worldwide | Bear Down Brands, MARYANT, Stanley Black and Decker
Latest business intelligence report released on Global Garment Steamer Market , covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Garment Steamer market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis: Hamilton Beach Brands Holding Company (United States), Stanley Black and Decker Inc. (United States), Conair Corp. (United States), GE Appliances (United States), Jiffy Steamer Company, LLC (United States), Bear Down Brands LLC (United States), SALAV USA (United States), MARYANT, INC. (United States), Reliable Corporation (Canada), Secura Inc. (United States), Epica company (United States).
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Brief Overview on Garment Steamer: A clothes steamer, also called a garment steamer or simply a steamer, is a device used for quickly removing wrinkles from garments and fabrics with the use of high temperature steam. There are three basic sizes of clothes steamers: commercial floor models used in large manufacturing plants and dry cleaners, mid-sized models for small businesses such as tailors or seamstresses, and the most recent evolution in the steamer industry the handheld mini steamers typically for household use or traveling. Steamers relax fibers rather than flattening like traditional ironing, this process is gentler on clothing and eliminates scorching. This means a clothes steamer can also be used to remove wrinkles from delicate fabrics such as silk. According to AMA Research, the market for Garment Steamer is expected to register a CAGR of 5.4% during the forecast period to 2030. This growth is primarily driven by Increasing Willingness to Spend on Better Versions of Utility Products.
Key Developments in the Market:
In April 2023, TTI (Techtronic Industries), parent company of the BISSELL brand, announces a strategic partnership with LG Electronics to co-develop and distribute garment steamers in select markets.
In October 2023, Steamfast debuts its Smart Fabric Care System, a connected steamer with app control and personalized settings.The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Key Market Trends: Increasing Focus on Making Their Homes Smarter
Opportunities: Availability of Numerous Products Within the Same Category and Frequent Launches
Market Growth Drivers: Increasing Willingness to Spend on Better Versions of Utility Products
Increasing Spending on Garments
Challenges: Stiff Competition Among the Major Players
Segmentation of the Global Garment Steamer Market: by Type (Handheld/ Portable garment steamer, Upright/Non-Portable garment steamer), Water Tank Capacity (Below 500 ml, 500 ml- 1 Litre, 1-2 Litre, 2-3 Litre, 3-4 Litre, 4 Litre & Above), Material (Plastic, Anti-Lock Braking System (ABS), Metal, Aluminium, Stainless Steel, Cast Iron, Ceramic), Power (Below 750 Watt, 750-1000 Watt, 1000-1500 Watt, 1500-2500 Watt, 2500 Watt & Above), Distribution channel (Direct sales, Indirect sales)
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Geographically, the following regions together with the listed national/local markets are fully investigated:
? APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
? Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
? North America (U.S., Canada, and Mexico)
? South America (Brazil, Chile, Argentina, Rest of South America)
? MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2017-2022
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The base year for estimation – 2022
Estimated Year – 2023
Forecast period** – 2023 to 2028 [** unless otherwise stated]
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Summarized Extracts from TOC of Global Garment Steamer Market Study
Chapter 1: Exclusive Summary of the Garment Steamer market
Chapter 2: Objective of Study and Research Scope the Garment Steamer market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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