Steam Iron Market Report 2024 (Global Edition)

Global Steam Iron Market Report 2024 Market Size Split by Type (Corded Iron, Cordless Iron, Others), by Power Consumption (Up to 1000 Watts, 1001 to 2000 Watts, Above 2000 Watts), by Distribution Chan...

Steam Iron Market Report Description

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Steam Iron Market Insights Video

Competitive Landscape of the Steam Iron Market

The steam iron marketplace is especially aggressive, with key palyers, which include Philips, Panasonic, Black Decker, and Rowenta, dominating the panorama. These companies recognize product innovation, superior capabilities like Steam Improve and Smart Era, and strategic pricing to attract clients. Competition also stems from neighborhood brands offering less costly options, driving continuous advancements and pricing techniques.

Top Companies Market Share in Steam Iron Industry: (In no particular order of Rank)

• Hamilton Beach
• Haier
• LG
• Electrolux
• Whirlpool
• Midea
• Panasonic
• Groupe SEB
• Samsung
• Flyco
• Conair Corporation
• Oliso
• Newell Brands
• Philips
• Bosch Home
• Black & Decker
• Rowenta
• Tefal
• Braun
• Sunbeam Products
• Miele
• CHI
• AUX
• Bear
• CUORI
• Reliable Corporation
• Steamfast.
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Steam Iron Market

Which Region Dominates the Steam Iron Market in 2024?

According to Cognitive Market Research, North America currently dominates the Steam Irons market, and the region is expected to have significant growth during the projected period. The North American steam iron marketplace is growing due to growing disposable incomes, urbanization, and an increasing focus on domestic appliances. Consumers are making an investment in terrific, efficient steam irons with superior functions. Additionally, the call for time-saving and energy-efficient merchandise, on the side of ongoing product innovations, is driving market expansion.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The Asia Pacific, steam iron market is increasing due to rapid urbanization, growing disposable earnings, and an increasing middle-magnificence populace. Consumers are opting for superior, strength-efficient steam irons driven by comfort and advanced life. The growing call for home appliances, at the side of product improvements, is similarly fueling a marketplace boom inside the place.

The current report Scope analyzes Steam Iron Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Steam Iron

According to Cognitive Market Research, the global Steam Iron market size was estimated at USD 751.8 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 300.72 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Steam Iron market with a market size of USD 237.27 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The U.S. market's rising disposable income.
• The Canada Steam Iron market had a market share of USD 36.09 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada’s urbanization lifestyle improvements.
• The Mexico Steam Iron market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 27.37 million in 2024.

Europe Steam Iron

According to Cognitive Market Research, the global Steam Iron market size was estimated at USD 751.8 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 225.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom Steam Iron market had a market share of USD 37.89 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, Steam Iron sales witness an upswing due to the fashion trends.
• The France Steam Iron market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 20.75 million in 2024.
• According to Cognitive Market Research, the German Steam Iron market size was valued at USD 44.66 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, Steam Iron surged due to the product innovation.
• The Italy Steam Iron market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 19.40 million in 2024.
• The Russia Steam Iron market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 34.96 million in 2024.
• The Spain Steam Iron market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 18.49 million in 2024
• The Luxembourg Steam Iron market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 6.99 million in 2024.
• The Portugal Steam Iron market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 4.74 million in 2024.
• The Greece Steam Iron market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 2.71 million in 2024.
• The Rest of Europe's Steam Iron market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 34.96 million in 2024.

Asia Pacific Steam Iron

According to Cognitive Market Research, the global Steam Iron market size was estimated at USD 751.8 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 172.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

• According to Cognitive Market Research, the China Steam Iron market size was valued at USD 77.81 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Steam Iron surged in China due to efficient energy use.
• The Japan Steam Iron market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 23.86 million in 2024.
• The India Steam Iron market had a market share of USD 20.75 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. India's time-saving focus.
• The South Korean Steam Iron market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 17.29 million in 2024.
• The Australian Steam Iron market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 8.99 million in 2024.
• The South East Asia Steam Iron market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 11.93 million in 2024.
• The Rest of Asia Pacific Steam Iron market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 12.28 million in 2024.

South America Steam Iron

According to Cognitive Market Research, the global Steam Iron market size was estimated at USD 751.8 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 37.59 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Steam Iron market size was valued at USD 16.09 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Steam Irons flourished in Brazil due to e-commerce growth.
• Argentina's Steam Iron market had a market share of USD 6.32 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Argentina's increased quality standards.
• Colombia Steam Iron market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 3.35 million in 2024.
• Peru Steam Iron market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 3.08 million in 2024.
• Chile Steam Iron market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 2.71 million in 2024.
• The Rest of Latin America's Steam Iron market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 6.05 million in 2024.

Middle East and Africa Steam Iron

According to Cognitive Market Research, the global Steam Iron market size was estimated at USD 751.8 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 15.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries Steam Iron market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 6.44 million in 2024. Steam Iron sales flourish due to the expanding tourism .
• The Egypt Steam Iron market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 1.58 million in 2024.
• The South Africa Steam Iron market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 2.38 million in 2024. Steam Iron sales flourished in South Africa due to increasing demand.
• The Turkey Steam Iron market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1.29 million in 2024.
• The Nigeria Steam Iron market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 1.58 million in 2024.
• The Rest of the MEA Steam Iron market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 1.77 million in 2024.

Steam Iron Market Analysis

Steam Iron Market Type Segment Analysis

According to Cognitive Market Research, Corded Iron are likely to dominate the Steam Iron Market over the forecast period. Corded irons are driving a boom within the steam iron marketplace due to their reliable overall performance, consistent steam output, and affordability. Consumers price the uninterrupted ironing revel in provided with the aid of corded fashions, particularly for larger hundreds. These irons offer sturdiness, simplicity, and accessibility, making them popular in emerging and evolved markets.

The Cordless Iron is the fastest-growing segment in the Steam Iron Market. Cordless irons are contributing to the growth of the steam iron marketplace with the aid of supplying improved mobility, comfort, and ease of use. With no wire to limit motion, they offer a greater flexible ironing experience, making them famous for quick contact-united the States of America and versatile usage. Innovations in battery lifestyles and overall performance similarly enhance their appeal.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Steam Iron Industry. Request a Free Sample PDF!

Steam Iron Market Power Consumption Segment Analysis

According to Cognitive Market Research, the Up to 1000 Watts segment holds the largest share of the market. Steam irons with electricity as much as a thousand watts are developing in demand due to their top-of-the-line stability, strength performance, and performance. Offering fast heating and constant steam output, those fashions are best for everyday ironing desires. Consumers are looking for those irons for their effective wrinkle elimination and strength-saving features at low-priced charges.

In the Steam Iron Market, the 1001 to 2000 Watts has been expanding at a rapid pace. Steam irons with power ranging from 1001 to 2000 watts are growing within the marketplace because of their advanced performance and quicker heating competencies. These irons offer effective steam output, making them ideal for heavy-duty use and quicker wrinkle elimination. Consumers decide on them for expert-pleasant ironing and efficient effects.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Steam Iron Distribution Channel Segment Analysis

Steam Iron Market Distribution Channel Segment Analysis

According to Cognitive Market Research, Online Retail segment holds the largest market share. Online retail is driving the growth of the steam iron market by way of supplying consumers with comfort, aggressive pricing, and a large choice of merchandise. E-trade platforms permit easy evaluation of functions, critiques, and types, attracting a bigger purchaser base. The upward thrust of online purchasing has made steam irons greater available to various markets.

In the Steam Iron market, the rapidly growing sector is the Offline Retail. Offline retail is contributing to the increase of the steam iron market with the aid of imparting clients the opportunity to physically investigate products and get hold of expert recommendations. Traditional retail shops offer palms-on demonstrations, fostering belief and allowing customers to pick primarily based on private alternatives. This tangible shopping attracts a significant consumer base.

• Online Retail
• Offline Retail
• Supermarkets/Hypermarkets
• Specialty Stores

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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