Global Electric Iron Market Report 2025 is expected to register a revenue of USD 1.8 Billion by the end of 2025, according to a new report released by Million Insights. It is expected to grow with a CAGR of 8.3% from 2019 to 2025. This market growth can be attributed to rising awareness among the working population to look presentable at workplaces and during other occasions.
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Market Synopsis of Electric Iron Market:
The dry electric iron product segment held the largest market shares of greater the 50% in 2018 due to its lightweight feature and compact size.The segment of a steam electric iron is expected to witness the highest CAGR of 8.5% from 2019 to 2025. This can be attributed to automatic steam production process which simplifies its usage.
The non-automatic function segment of electric iron held the largest share of greater than 50% across the global market owing to lower prices as compared to that of automatic products. Moreover, other features like quick heating ability and heavyweight help while ironing large number of clothes are expected to boost the non-automatic segment. The electric iron segment is expected to witness the highest CAGR of 8.5% from 2019 to 2025.
The market for electric iron includes key players such as BCL Electronic; BSH; Bajaj Electricals Ltd.; Home Appliances FZE; Havells India Ltd.; Crompton; Jaipan; Orient Electric; Singer; and Panasonic. They are continuously engaged in product development and innovation to produce power-efficient products.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-electric-iron-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Electric Iron: Market Variables, Trends & Scope
Chapter 4 Electric Iron: Product Estimates & Trend Analysis
Chapter 5 Electric Iron: Application Estimates & Trend Analysis
Chapter 6 Electric Iron: End-use Estimates & Trend Analysis
Chapter 7 Electric Iron: Industrial End-use Estimates & Trend Analysis
Chapter 8 Electric Iron: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Electric Iron: Manufacturers Company Profiles
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