As per the latest findings, global hanger market revenue is expected to reach USD 2,281.5 million by the end of 2025. Hangers are an essential domestic commodity permeating almost every section of society, leading to a robust and growing market. In the long term, this market will reach around USD 4,124.5 million in 2035.
Hangers are essentially designed after human shoulders and meant to keep clothes so that the onset of creases is prevented; they also allow easy access. Various types of hangers are available in the market, such as regular clothes hangers, clip hangers with single or multiple clamps, foldable hangers, and stacking hangers.
They may come in various sizes to accommodate children’s clothing and may also be explicitly designed for skirts and trousers. Often, designer wall hooks are also classified as hangers. The broad portfolio of hangers substantially caters to the increasingly diverse needs of consumers. On the back of these factors, the market is anticipated to witness a significant growth rate over the forecast period.
| Attribute | Details |
|---|---|
| Current Hanger Market Size (2024A) | USD 2,144.2 Million |
| Estimated Hanger Market Size (2025E) | ~USD 2,281.5 Million |
| Projected Hanger Market Size (2035F) | ~USD 4,124.5 Million |
| Value CAGR (2025 to 2035) | ~6.1% |
| Hanger Market Top Players Share in 2024 | ~10% to 15% |
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From 2020 to 2024, sales witnessed significant growth, registering a CAGR of 3.8%. Hangers, also called clothes hangers or coat hangers, can be made from various materials such as plastic, steel (sometimes referred to as wire hangers), and wood; they are often made with a combination of these materials.
Certain hangers also have padding made of other materials like satin, nylon, wool, velvet, or cotton to give them a more luxurious feel. Hangers are mainly used in homes and are classified under the residential or domestic segment. They are also used commercially by the retail sector in clothes shops and by the hospitality sector in hotels, hostels, and dormitories.
As a result, the global demand for hangers is projected to increase at a CAGR of 6.1% during the forecast period between 2025 and 2035, reaching a total of USD 4,124.5 million in 2035.
Urbanization and the Growing Fashion Industry Are Driving the Expansion
People are purchasing more garments due to the rise of quick fashion and online shopping. The need for hangers grows along with the number of individuals purchasing clothing.
In addition, as more people move into cities, hangers and other space-saving devices are in greater demand. People are searching for more effective ways to organize their clothing as living spaces get smaller, and hangers offer a quick and easy fix which is leading to a surge in the sales of the target product.
The demand for hangers in the hospitality sector is rising as more people travel and stay in hotels. Hotels and other lodging establishments require a consistent supply of hangers for their visitors, which has opened up a new market for hanger producers and in turn is leading to increased revenue generation for these producers.
Increasing Environmental Consciousness is Contributing to the Increased Demand
Customers are seeking sustainable solutions like eco-friendly hangers as they become more conscious of how their purchases affect the environment. Due to this, the market for hangers made of recyclable materials or biodegradable plastics is expanding.
Moreover, hanger producers are continually developing fresh, cutting-edge designs that provide more utility and convenience. For instance, hangers that can hold many items, hangers with built-in accessory hooks, and hangers made expressly for a particular type of clothes are gaining significant traction subsequently contributing to the growth of the industry.
Competition from Alternative Storage Solutions Is Hampering the Growth of the Market
Although using hangers is a common method of storing clothing, there are other options, including shelving, drawers, and storage boxes. As a result, these storage choices are a threat to hanger producers as the increase in the use of these products hampers the target market expansion.
Furthermore, even while environmentally friendly hangers are becoming more and more popular, the hangers sector as a whole continues to produce a sizable amount of plastic waste. Those who are particularly concerned about the environment avoid using hangers altogether or choose more ecologically friendly storage options which in turn hampers the growth of the market.
Unstable Market Conditions Likely to Affect the Demand for Hangers
Plastic, wood, and metal are just a few of the materials that are used to make hangers. The cost of producing hangers and the pricing at which they are sold may change depending on the supply and demand of these raw materials.
Furthermore, the demand for hangers is frequently cyclical, reaching its apex during the back-to-school and holiday shopping seasons. Manufacturers of hangers may find it challenging to maintain sales and profitability during a market stagnancy period.
In addition, the hangers sector is governed by several laws and standards regarding labelling, product safety, and environmental effects. Manufacturers may find it expensive and time-consuming to comply with these laws, which may hurt their ability to compete.
Residential Sector to Favor the Sales in the Country
The USA market is expected to accumulate a market share of close to 18% in 2025. On a geographic basis, the USA is anticipated to be the largest hangers market due to profound interest from the commercial sector. Continued sales in the residential segment are likely to help manufacturers gain a competitive edge over others due to hangers being a basic necessity in the region.
Further, the presence of top manufacturers and brands in the country is another factor leading to increased product adoption and growing sales. Besides, the brands in the region are focused on developing innovative solutions in the target market leading to the grasping of a new and enthusiastic consumer base that is interested in the unique products.
Digital Technologies to Reaffirm Growth in Germany
Germany is expected to accumulate a market share value of 5-6% in 2025 in the global market. The country also offers potential growth opportunities in the market due to the rise in the retail and hospitality sectors. The innovation of smart and multi-functional hangers is also expected to drive the growth of the market. In addition, growth in the commercial segment and easy availability of the product will create ample opportunities for the producers.
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A Large Portion of Consumer Base Prefer Hardwood, Metal, and Plastic Hangers
According to market trends, hardwood hangers, metal hangers, and plastic hangers are in order of popularity. Although there are other hanger types like velvet, cushioned, and wire hangers, they are less common than the three main varieties.
Due to their accessibility, dependability, and lightweight construction, which makes them simple to handle and store, plastic hangers are widely used. They come in a range of colours and designs and are frequently used for storing ordinary clothing.
Because of its attractive appearance and strength, wooden hangers are preferred by high-end and luxury retailers. They are frequently used to show off expensive attire, like suits, jackets, and gowns. Furthermore, eco-friendly, wooden hangers appeal to customers that place a high value on sustainability.
In addition, metal hangers are well-liked for their robustness and endurance. Because of their durability and long-lasting design, they are frequently used for heavy apparel, such as coats and suits, and are well-liked in the hospitality sector.
Physical Stores Dominate the Target Market
As customers can see and touch the products before making a purchase, traditional retail establishments including department stores, home goods stores, and specialized retailers are still preferred channels to buy hangers.
Because of their ease and extensive product range, online marketplaces like Amazon and Alibaba are becoming more and more popular for buying hangers. Many brands and manufacturers have their own websites where customers may make purchases straight from them. This allows customers to learn more about the firm and its products, and it may also be a convenient way to buy authentic and reliable products.
Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base. Some of the prominent players in the market include M & B Hangers, Weatherford, Guilin Iango Home Collection, Whitmor, MAWA, and Mainetti among others.
For instance,
| Attribute | Details |
|---|---|
| Forecast Period | 2025 to 2035 |
| Historical Data Available for | 2020 to 2024 |
| Market Analysis | USD Million for Value |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends, Pricing Analysis |
| Key Segments Covered | Type, Application, Sales Channel, Region |
| Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; MEA |
| Key Companies Profiled | M & B Hangers; Guilin Iango Home Collection; Whitmor; MAWA and Mainetti; Bend and Hook; Henry Hanger; Hangers Direct; Others (as per request) |
| Customization & Pricing | Available upon Request |
| Pricing and Purchase Options | Avail Customized Purchase Options to Meet Your Exact Research Needs |
The current market reached a valuation of USD 2,144.2 million in 2024.
The target market is currently forecast to grow at a rate of 6.1% during the forecast period.
Leading players in the target market contributed around ~10-15% of the overall market size in the year 2024.
The target market grew at a rate of 3.8% during the historic period from 2020 to 2024.
| Estimated Market Size (2025 E) | ~USD 2,281.5 Million |
| Projected Market Size (2035 F) | ~USD 4,124.5 Million |
| Value CAGR (2025 to 2035) | ~6.1% |
| Expected Market Value (2023) | USD 822.3 million |
|---|---|
| Anticipated Forecast Value (2033) | USD 1,431.45 million |
| Projected Growth Rate (2023 to 2033) | 5.7% CAGR |
| Expected Market Value in 2023 | USD 1.4 Billion |
|---|---|
| Projected Market Value in 2033 | USD 2.4 Billion |
| CAGR (2023 to 2033) | 5.4% |
| Estimated Size, 2021 (E) | ~USD 3,161.3 million |
|---|---|
| Projected Size, 2031 (F) | ~USD 5,769.2 million |
| Value-based CAGR (2021 to 2031) | ~6.2% |
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