About Irons Market The penetration rate of irons is very high in most countries across the globe as these are small generic appliances. Most iron purchases are replacement purchases with an average replacement cycle of 8-9 years. Irons are meant for long-term use and generally do not require frequent replacement. Branded irons are mostly durable and of superior quality. This reduces the need for frequent purchase of this small appliance, which acts as a major barrier to the market's growth. Since consumers do not buy them frequently, marketers find it difficult to build brand loyalty. Also, the increased preference for and use of casual clothing, which do not require ironing, is a challenge for the growth of the global irons market. Technavio’s analysts forecast the global travel irons market to grow at a CAGR of 4.49% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global travel irons market for 2016-2020. To calculate the market size, the report considers revenue generated through... Research Beam Model: Research Beam Product ID: 747083 2500 USD New
Global Travel Irons Market 2016-2020
 
 

Global Travel Irons Market 2016-2020

  • Category : Consumer Goods
  • Published On : September   2016
  • Pages : 57
  • Publisher : Technavio
 
 
 
About Irons Market

The penetration rate of irons is very high in most countries across the globe as these are small generic appliances. Most iron purchases are replacement purchases with an average replacement cycle of 8-9 years. Irons are meant for long-term use and generally do not require frequent replacement. Branded irons are mostly durable and of superior quality. This reduces the need for frequent purchase of this small appliance, which acts as a major barrier to the market's growth. Since consumers do not buy them frequently, marketers find it difficult to build brand loyalty. Also, the increased preference for and use of casual clothing, which do not require ironing, is a challenge for the growth of the global irons market.

Technavio’s analysts forecast the global travel irons market to grow at a CAGR of 4.49% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global travel irons market for 2016-2020. To calculate the market size, the report considers revenue generated through the sales of travel irons to travelers.

The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
• MEA

Technavio's report, Global Travel Irons Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Conair
• Koninklijke Philips
• NACCO Industries
• Panasonic
• Rowenta
• Sunbeam Products

Other prominent vendors
• Bharat Light Machine
• Fabiano
• Korjo
• Morphy Richards
• Russell Hobbs
• Smartek USA
• Swan Brand
• Usha
• Wilko Retail

Market driver
• Travel irons form inexpensive alternatives to regular irons
• For a full, detailed list, view our report

Market challenge
• Hotels in developed countries offering irons
• For a full, detailed list, view our report

Market trend
• Vintage-style travel irons
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Global irons market
• Global travel irons market
• Global travel market
• Global household final consumption expenditure
PART 05: Market landscape
• Market overview
• Global travel irons market
• Five forces analysis
PART 06: Types of travel irons
• Types of travel irons by steam and non-steam
• Types of travel irons by cord and cordless
PART 07: Market segmentation by distribution channel
• Specialty retailers (including local home good shops)
• Department stores, supermarkets, hypermarkets, and discount stores
• Others (general merchandisers and online platforms)
PART 08: Geographic segmentation
• Travel irons market in Europe
• Travel irons market in the Americas
• Travel irons market in APAC
• Travel irons market in MEA
PART 09: Key leading countries
• China
• US
• Germany
• Others
PART 10: Market drivers
• Travel irons form inexpensive alternatives to regular irons
• Ease of use for business travelers with time crunch
• Incorporation of innovative features
PART 11: Impact of drivers
PART 12: Market challenges
• Hotels in developed countries offering irons
• Innovations in wrinkle-free fabrics and preference for travel-friendly clothes during leisure travel
• Travel irons not being as efficient as conventional irons
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Vintage-style travel irons
• Trends in design and features
PART 15: Vendor landscape
• Competitive scenario
• Product offerings of key competitors
• Other prominent vendors
PART 16: Key vendor analysis
• Conair
• Koninklijke Philips
• NACCO Industries
• Panasonic
• Rowenta
• Sunbeam Products
PART 17: Appendix
• List of abbreviations
PART 18: Explore Technavio
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