Consumer Goods

Global Travel Irons Market 2016-2020

  • TEC695249
  • 57 Pages
  • September 2016
  • Consumer Goods
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.

Technavios 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?

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