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Published: Jul, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global electric iron market size is expected to reach USD 1.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.3% over the forecast period. Rising inclination among the millennials towards grooming well at a global level is boosting the market growth. Electric irons have been modified to be lighter in weight, easier to use, energy efficient, and suitable to all kinds of fabrics. Advertisement and celebrity endorsements of these products have played a crucial role in making people aware of the product, its utility, resulting in the inclusion of the product in the daily lifestyle. Manufacturers of electric iron have been investing in research and development of the product rapidly. Thus, it has resulted in releasing new products frequently with modified features and better efficiency. Organizations have understood the crucial role it plays in day to day life and to address the same, they have launched products that can be carried in the luggage while traveling. These products are small, lightweight, and chargeable, thereby making it compatible to be used during journey. In April 2019, Xiaomi launched Lofans Cordless Steam Iron in China. The product is available for 199 Chinese Yuan. The cordless product comes with a charging stand, a switch to operate it, and adjustable gear to control its temperature. It consumes 200Watts of power and can be used in three modes: high, low, and dry. It consists of a 280ml water tank for steaming the clothes. The product needs to be preheated for 35 seconds and withholds heat for 2 minutes after being detached from the charger. The sole plate is made of diecast ceramic glazed aluminum. It can be heated up to 200 degree Celsius for ironing thick and heavily crushed clothes. The negative ion coating can reduce the high temperature fabric damage. In March 2019, Tefal launched all-in-one iron and garment steamer IXEO QT1020. The product is expected to be much more efficient than regular steam product types. The product is available for GBP 290. It comes along with an adjustable and handy built in smart iron board. The board is inverted vertically for steaming and is kept horizontally for ironing. The iron works on one-temperature technology and thus, no adjustments are required. Further key findings from the report suggest: • By product, the steam segment is expected to expand at the fastest CAGR of 8.5% from 2019 to 2025. Dry products contributed a revenue of USD 559.1 million in 2018 • By function, the automatic segment is expected to expand at the fastest CAGR of 8.5% from 2019 to 2025 • The commercial application segment accounted for 55.4% share of the global revenue in 2018 • Online distribution channel is expected to expand at the fastest CAGR of 8.6% from 2019 to 2025.
Table of Contents Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR's Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights Chapter 3. Electric Iron Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Sales/Retail Channel Analysis 3.3.2. Profit Margin Analysis 3.4. Market Dynamics 3.4.1. Market Driver Analysis 3.4.2. Market Restraint Analysis 3.4.3. Industry Challenges 3.4.4. Industry Opportunities 3.5. Business Environment Analysis 3.5.1. Industry Analysis - Porter's 3.5.1.1. Supplier Power 3.5.1.2. Buyer Power 3.5.1.3. Substitution Threat 3.5.1.4. Threat from New Entrant 3.5.1.5. Competitive Rivalry 3.6. Roadmap of Electric Iron Market 3.7. Market Entry Strategies Chapter 4. Consumer Behavior Analysis 4.1. Consumer Trends and Preferences 4.2. Factors Affecting Buying Decision 4.3. Consumer Product Adoption 4.4. Observations & Recommendations Chapter 5. Electric Iron Market: Product Estimates & Trend Analysis 5.1. Product Movement Analysis & Market Share, 2018 & 2025 5.2. Dry 5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million) 5.3. Steam 5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million) Chapter 6. Electric Iron Market: Function Estimates & Trend Analysis 6.1. Function Movement Analysis & Market Share, 2018 & 2025 6.2. Automatic 6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million) 6.3. Non-automatic 6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million) Chapter 7. Electric Iron Market: Application Estimates & Trend Analysis 7.1. Application Movement Analysis & Market Share, 2018 & 2025 7.2. Residential 7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million) 7.3. Commercial 7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million) Chapter 8. Electric Iron Market: Distribution Channel Estimates & Trend Analysis 8.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025 8.2. Offline 8.2.1. Market estimates and forecast, 2015 - 2025 (USD Million) 8.3. Online 8.3.1. Market estimates and forecast, 2015 - 2025 (USD Million) Chapter 9. Electric Iron Market: Regional Estimates & Trend Analysis 9.1. Regional Movement Analysis & Market Share, 2018 & 2025 9.2. North America 9.2.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.2.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.2.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.2.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.2.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.2.6. U.S. 9.2.6.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.2.6.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.2.6.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.2.6.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.2.6.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.3. Europe 9.3.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.3.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.3.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.3.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.3.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.3.6. Germany 9.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.3.6.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.3.6.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.3.6.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.3.6.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.3.7. U.K. 9.3.7.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.3.7.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.3.7.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.3.7.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.3.7.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.4. Asia Pacific 9.4.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.4.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.4.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.4.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.4.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.4.6. China 9.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.4.6.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.4.6.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.4.6.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.4.6.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.4.7. India 9.4.7.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.4.7.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.4.7.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.4.7.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.4.7.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.5. Central & South America 9.5.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.5.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.5.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.5.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.5.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.5.6. Brazil 9.5.6.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.5.6.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.5.6.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.5.6.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.5.6.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.6. Middle East & Africa 9.6.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.6.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.6.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.6.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.6.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) 9.6.6. UAE 9.6.6.1. Market estimates and forecast, 2015 - 2025 (USD Million) 9.6.6.2. Market estimates and forecast, by function, 2015 - 2025 (USD Million) 9.6.6.3. Market estimates and forecast, by product, 2015 - 2025 (USD Million) 9.6.6.4. Market estimates and forecast, by application, 2015 - 2025 (USD Million) 9.6.6.5. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million) Chapter 10. Competitive Analysis 10.1. Key global players, recent developments & their impact on the industry 10.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players) 10.3. Vendor Landscape 10.3.1. Key company market share analysis, 2018 Chapter 11. Company Profiles 11.1. Bajaj Electricals Ltd. 11.1.1. Company Overview 11.1.2. Financial Performance 11.1.3. Product Benchmarking 11.1.4. Strategic Initiatives 11.2. BCL Electronic 11.2.1. Company Overview 11.2.2. Financial Performance 11.2.3. Product Benchmarking 11.2.4. Strategic Initiatives 11.3. BLACK+DECKER Inc. 11.3.1. Company Overview 11.3.2. Financial Performance 11.3.3. Product Benchmarking 11.3.4. Strategic Initiatives 11.4. BSH Home Appliances FZE 11.4.1. Company Overview 11.4.2. Financial Performance 11.4.3. Product Benchmarking 11.4.4. Strategic Initiatives 11.5. Crompton 11.5.1. Company Overview 11.5.2. Financial Performance 11.5.3. Product Benchmarking 11.5.4. Strategic Initiatives 11.6. Eveready Industries India Ltd. 11.6.1. Company Overview 11.6.2. Financial Performance 11.6.3. Product Benchmarking 11.6.4. Strategic Initiatives 11.7. Groupe SEB India 11.7.1. Company Overview 11.7.2. Financial Performance 11.7.3. Product Benchmarking 11.7.4. Strategic Initiatives 11.8. Hamilton Beach 11.8.1. Company Overview 11.8.2. Financial Performance 11.8.3. Product Benchmarking 11.8.4. Strategic Initiatives 11.9. Havells India Ltd. 11.9.1. Company Overview 11.9.2. Financial Performance 11.9.3. Product Benchmarking 11.9.4. Strategic Initiatives 11.10. impextechnologies.in. 11.10.1. Company Overview 11.10.2. Financial Performance 11.10.3. Product Benchmarking 11.10.4. Strategic Initiatives 11.11. Jaipan 11.11.1. Company Overview 11.11.2. Financial Performance 11.11.3. Product Benchmarking 11.11.4. Strategic Initiatives 11.12. Koninklijke Philips N.V. 11.12.1. Company Overview 11.12.2. Financial Performance 11.12.3. Product Benchmarking 11.12.4. Strategic Initiatives 11.13. Orient Electric 11.13.1. Company Overview 11.13.2. Financial Performance 11.13.3. Product Benchmarking 11.13.4. Strategic Initiatives 11.14. Osian 11.14.1. Company Overview 11.14.2. Financial Performance 11.14.3. Product Benchmarking 11.14.4. Strategic Initiatives 11.15. Panasonic 11.15.1. Company Overview 11.15.2. Financial Performance 11.15.3. Product Benchmarking 11.15.4. Strategic Initiatives 11.16. Sears Brands, LLC (Kenmore) 11.16.1. Company Overview 11.16.2. Financial Performance 11.16.3. Product Benchmarking 11.16.4. Strategic Initiatives 11.17. Singer 11.17.1. Company Overview 11.17.2. Financial Performance 11.17.3. Product Benchmarking 11.17.4. Strategic Initiatives
List of Tables 1. Electric Iron - Key market driver analysis 2. Electric Iron - Key market restraint analysis 3. Global automatic electric iron market estimates and forecast, 2015 - 2025 (USD Million) 4. Global non-automatic electric iron market estimates and forecast, 2015 - 2025 (USD Million) 5. Global dry electric iron market estimates and forecast, 2015 - 2025 (USD Million) 6. Global steam electric iron market estimates and forecast, 2015 - 2025 (USD Million) 7. Global electric iron market estimates and forecast for residential, 2015 - 2025 (USD Million) 8. Global electric iron market estimates and forecast for commercial, 2015 - 2025 (USD Million) 9. Global electric iron market estimates and forecast for online, 2015 - 2025 (USD Million) 10. Global electric iron market estimates and forecast for offline, 2015 - 2025 (USD Million) 11. North America electric iron market estimates and forecast, 2015 - 2025 (USD Million) 12. North America electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 13. North America electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 14. North America electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 15. North America electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 16. U.S. electric iron market estimates and forecast, 2015 - 2025 (USD Million) 17. U.S. electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 18. U.S. electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 19. U.S. electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 20. U.S. electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 21. Europe electric iron market estimates and forecast, 2015 - 2025 (USD Million) 22. Europe electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 23. Europe electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 24. Europe electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 25. Europe electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 26. Germany electric iron market estimates and forecast, 2015 - 2025 (USD Million) 27. Germany electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 28. Germany electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 29. Germany electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 30. Germany electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 31. U.K. electric iron market estimates and forecast, 2015 - 2025 (USD Million) 32. U.K. electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 33. U.K. electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 34. U.K. electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 35. U.K. electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 36. Asia Pacific electric iron market estimates and forecast, 2015 - 2025 (USD Million) 37. Asia Pacific electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 38. Asia Pacific electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 39. Asia Pacific electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 40. Asia Pacific electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 41. China electric iron market estimates and forecast, 2015 - 2025 (USD Million) 42. China electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 43. China electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 44. China electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 45. China electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 46. India electric iron market estimates and forecast, 2015 - 2025 (USD Million) 47. India electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 48. India electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 49. India electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 50. India electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 51. Central & South America electric iron market estimates and forecast, 2015 - 2025 (USD Million) 52. Central & South America electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 53. Central & South America electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 54. Central & South America electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 55. Central & South America electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 56. Brazil electric iron market estimates and forecast, 2015 - 2025 (USD Million) 57. Brazil electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 58. Brazil electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 59. Brazil electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 60. Brazil electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 61. Middle East & Africa electric iron market estimates and forecast, 2015 - 2025 (USD Million) 62. Middle & East Africa electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 63. Middle East & Africa electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 64. Middle East & Africa electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 65. Middle East & Africa electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 66. UAE electric iron market estimates and forecast, 2015 - 2025 (USD Million) 67. UAE electric iron market revenue estimates and forecast by function, 2015 - 2025 (USD Million) 68. UAE electric iron market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 69. UAE electric iron market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 70. UAE electric iron market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 71. Vendor landscape
List of Figures 1. Electric Iron market snapshot 2. Electric Iron market segmentation & scope 3. Electric Iron market penetration & growth prospect mapping 4. Electric Iron value chain analysis 5. Electric Iron market dynamics 6. Electric Iron market Porter's analysis 7. Electric Iron market: Function movement analysis 8. Electric Iron market: Product movement analysis 9. Electric Iron market: Application movement analysis 10. Electric Iron market: Distribution Channel movement analysis 11. Electric Iron market: Regional movement analysis
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