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Travel Irons Market by Type (Less than 1 lb, Above 1 lb), Distribution Channel (Specialty Retailers, Department Stores, Supermarkets and Hypermarkets, Discount Stores, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A6787
Year End
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Market Overview:
The global travel irons market size reached US$ 656.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 932.8 Million by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032. Increasing travel activities, the launch of innovative product variants, and the easy availability of travel irons via online apps represent some of the key factors driving the market.
|
Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023
|
|
Forecast Years
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2024-2032
|
|
Historical Years
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2018-2023
|
|
Market Size in 2023
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US$ 656.1 Million |
|
Market Forecast in 2032
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US$ 932.8 Million |
| Market Growth Rate (2024-2032) | 3.9% |
Travel irons are small and portable equipment designed for ironing and removing wrinkles from clothes while traveling. They are manufactured using plastic and metal components, such as aluminum, stainless steel, polycarbonate, and acrylonitrile butadiene styrene. They comprise a steam plate, water tank, power cord, temperature control, and handle. They are used by travelers to iron their garments for work and other important occasions during trips. Nowadays, travel irons are available in cordless, rechargeable, battery-operated, and dual-voltage variants. Moreover, key players are introducing variants with safety features that enable automatic shut-off to prevent accidents and injuries and protect against overheating.
Travel Irons Market Trends:
At present, significant growth in the travel and tourism industry, rapid urbanization, inflating income levels, and increasing traveling activities are among the major factors driving the demand for travel irons around the world. Moreover, there is a rise in the traction of cordless travel irons on account of their numerous benefits, including the convenience of ironing garments and being charged via a USB port. This, coupled with the growing consciousness among individuals about their overall appearance, is creating a positive outlook for the market. In addition, product manufacturers operating worldwide are introducing innovative travel irons that are incorporated with advanced features, such as multiple temperatures and steam settings for different types of fabrics, to make the experience easier and more efficient for the consumer. Apart from this, a considerable reliance on social media campaigns by influencers, celebrity endorsements, online tutorials, and reviews is increasing the overall sales of travel irons and generating brand awareness among the masses. Furthermore, the rising reliance on online applications that offer a hassle-free shopping experience with a wide selection, easy returns, fast shipping and free home delivery facilities are currently offering lucrative growth opportunities to leading players operating in the industry. Besides this, the emerging trend of vertical ironing and steaming to remove wrinkles from garments is contributing to the growth of the market. Additionally, the growing trend of home-sharing platforms, such as Airbnb, is projected to influence the sales of travel irons among the masses in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global travel irons market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type and distribution channel.
Type Insights:
- Less than 1 lb
- Above 1 lb
The report has provided a detailed breakup and analysis of the travel irons market based on the type. This includes less than 1 lb and above 1 lb. According to the report, above 1 lb represented the largest segment.
Distribution Channel Insights:
- Specialty Retailers
- Department Stores
- Supermarkets and Hypermarkets
- Discount Stores
- Others
A detailed breakup and analysis of the travel irons market based on the distribution channel has also been provided in the report. This includes specialty retailers, department stores, supermarkets and hypermarkets, discount stores, and others. According to the report, specialty retailers accounted for the largest market share.
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Asia Pacific was the largest market for travel irons. Some of the factors driving the Asia Pacific travel irons market included increasing travel activities, the emerging trend of vertical ironing for hanging garments, the launch of innovative product variants, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global travel irons market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Bharat Light Machine, Conair Corporation, Koninklijke Philips N.V., Rowenta, Smartek USA Inc., Sunbeam Products Inc., Swan Brand, Usha International Limited, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Types Covered | Less than 1 lb, Above 1 lb |
| Distribution Channels Covered | Specialty Retailers, Department Stores, Supermarkets and Hypermarkets, Discount Stores, Others |
| Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Bharat Light Machine, Conair Corporation, Koninklijke Philips N.V., Rowenta, Smartek USA Inc., Sunbeam Products Inc., Swan Brand, Usha International Limited, etc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the travel irons market from 2018-2032.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global travel irons market.
- The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the travel irons industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
The global travel irons market was valued at US$ 656.1 Million in 2023.
We expect the global travel irons market to exhibit a CAGR of 3.9% during 2024-2032.
The emerging trend of vertical ironing and steaming to remove wrinkles from garments, along with the introduction of product variants with safety features that enable automatic shut-off to prevent accidents and injuries and protect against overheating, is primarily driving the global travel irons market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of travel irons.
Based on the type, the global travel irons market has been segmented into less than 1 lb and above 1 lb. Currently, above 1 lb holds the majority of the total market share.
Based on the distribution channel, the global travel irons market can be divided into specialty retailers, department stores, supermarkets and hypermarkets, discount stores, and others. Among these, specialty retailers exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global travel irons market include Bharat Light Machine, Conair Corporation, Koninklijke Philips N.V., Rowenta, Smartek USA Inc., Sunbeam Products Inc., Swan Brand, Usha International Limited, etc.
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