The ironing table market size is projected to reach USD 2,168.4 million in 2022 and, with a 7.1% CAGR from 2022 to 2032, to reach USD 4,305.6 million.
Growth is attributed to the following:
Data Points | Key Statistics |
---|---|
Growth Rate (2016 to 2021) | 5.9% CAGR |
Projected Growth Rate (2022 to 2032) | 7.1% CAGR |
Expected Market Value (2022) | USD 2,168.4 Million |
Anticipated Forecast Value (2032) | USD 4,305.6 Million |
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Ironing boards are a common household item in developed regions like North America and Europe, where almost every home either has one or needs one. As a result, demand is high, and the forecast confirms this.
In addition to ironing boards, which are in high demand due to wear and tear, there is also a high demand for ironing board covers. Due to urbanization and development, there is also an increase in demand from regions like the Middle East, South East Asia, the Middle East, Oceania, Latin America, and Africa.
The current trends are for high-end, innovative technology to be available at affordable prices. Compact folding ironing boards that save space are in high demand and are being adopted by several rivals in the ironing table market.
A tabletop folding ironing board made by one of the competitors, Honey-can-do, is incredibly small and portable and fits nicely inside a suitcase. Companies are developing ironing boards and folding shelves because these inventions boost sales and market share.
There is a sizable opportunity in this market in developed countries, particularly in emerging countries, due to increasing modernization and urbanization coupled with increased consumer buying power due to the modernity and essentiality of the product in the modern way of life and homes. The ironing board's cover quality, longevity, and ability to withstand high heat all contribute to the item's appeal.
Due to technical developments made by market participants, boards that can be changed between three different positions were introduced as steamers grew in popularity. The market, which is controlled by millennials, will benefit from the design of a new device that revolutionizes ironing duties.
Rowenta, a producer of strong irons and ironing boards, recently unveiled a machine on wheels that collapses into a space-saving package that can be kept in a closet. The majority of manufacturers offer ironing boards on their websites or on other online platforms to increase the size of their customer base.
These sites are drawing users in by providing big discounts. Sales of ironing accessories, including regular irons, steam irons, and steamers, have a direct impact on the sales of ironing boards.
Extremely broad, ergonomic, and adjustable at four different heights are the features of Oumffy's self-standing and folding ironing boards. The T-leg ironing board from Homz features a 100% cotton cover and a polyurethane foam cushion that can withstand an iron temperature of 450 degrees.
The business has also introduced a robust Durabuilt ironing board with a mesh-improved steam flow steel top with scorch protection and stain-resistant cotton coverings.
The ironing board simplifies the process of ironing clothes, allowing the user to do it more comfortably. Ironing boards are available to consumers via a store, outlets, and online platforms. Ironing Boards have become one of the essential household equipment to cater to the needs of convenience and comfort of the consumer. Ironing boards are a safe and risk-free way to iron clothes so as to not burn the bedsheets or other things due to negligence.
While millennials are known for dumping traditional household products, ironing boards are still staples in the majority of households. Consumers, while buying ironing boards primarily look for foldability, frame design, measurements, iron rest, and durability.
Increasing need for safe household ironing to drive the growth of the market
The demand for Ironing boards is increasing with the modernization of every household, especially in developing countries the market for ironing tables has seen a tremendous increase.
The increases in demand for compact foldable space-saving ironing boards also boost the growth of the market. For instance, Honey-can-do one of the players has created a tabletop foldable ironing board that is extremely compact and easily portable as it can easily fit inside a suitcase.
The increasing need for a safe way to iron clothes without taking much risk is the main driver of the sales of the ironing table market. Also, innovativeness, quality, and competitive prices can create huge opportunities for players in this field. The quality of the cover of the ironing board and the ability to long last and withstand high temperatures also contributes to the demand of the product.
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Growing Popularity of Steamers May Hinder the Growth of the Ironing Table Market
Although the ironing table market has numerous end-uses, there are numerous obstacles that likely pose a challenge to market growth. Millennials' preference for other ironing variants such as steamer or the wrinkle remover setting on their dryers can hamper the sales of ironing boards. The height and sturdiness of these boards matter a lot while using them, many users complain of no adjustable height and poor quality.
Additionally, ironing boards require proper maintenance as they could break if extra force is applied. Furthermore, ironing boards are quite expensive which can impact sales negatively during the forecast period.
The availability of alternatives that are available in every household like beds, kitchen tops, ironing blankets, etc. can cause hindrance in the sales of the ironing table market.
Growing Demand from The Residential Sector to Favor the Sales in The Region
The North America ironing table market is expected to accumulate a market share of 26.3% in 2022. On a geographic basis, North America is anticipated to be the largest ironing table market due to the booming retail and hospitality sector and the demand from the residential sector showed a marginal increase.
Key manufacturers are capitalizing on this existing trend and introducing sustainable and user-friendly laundry products. Apart from this, key players in the country are also focusing on attractive and sustainable packaging targeting high audiences to establish their brand presence. Such factors are expected to spur the sales of ironing tables in the U.S. over the forthcoming decade.
Growth of Retail Sector in Europe Contribute to Market Sales
Europe is expected to accumulate a market share value of 21.4% in 2022 in the ironing table market. Europe also offers potential growth opportunities in the ironing table market due to the rise in the retail and hospitality sector. Increase in Sale of Electric Irons in Europe to boost the growth of the ironing table market
The emergence of e-commerce platforms in the region is expected to increase sales as vendors are collaborating with online retail stores to increase their revenue generation. Hence, demand for ironing tables is expected to witness incremental opportunity. Some of the few reasons for this include rising urbanization, higher disposable income per capita, increasing consumer spending on household products, and other factors.
Increase in Essentiality of the Product to Provide Opportunity for Growth of the Market
The ironing table market in the Asia Pacific is projected to expand at a rapid pace during the forecast period. The market is driven by continuous product innovation and & features that make products suitable for different consumers, due to technological innovation demand for time-saving and convenient products has increased Also the changing lifestyle trend of consumers drives the ironing board market.
Manufacturers from Japan and China have been making efficient products with the least expense. Their strong distribution channels have made the product available for the common mass at low prices. This boost the growth of the ironing table market in the Asia Pacific.
New entrants in the ironing table market are continually indulging in several collaborations and highly investing in research and development activities to provide more convenient solutions to industry verticals. Some of the major start-ups that are leading the development of the market are- BoardMann, Hoover, Magna, PAffy, Solimo, Galoppia, Magna Homewares and Oumffy.
Magna-Established in 016, is the leading manufacturer, importer, exporter and wholesaler of Cloth Drying Stand, Ironing Board, and other household products
Some of the key participants present in the global ironing table market include Whitmor, Leifheit, Brabantia, HOYO, Ybm home, Forever Holdings, Honey-Can-Do, Household Essentials, Homz, Widemex, Casa, Parker, Hafele America, Westex, Minky among others.
Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as Whitmor, Leifheit, Brabantia, HOYO, Ybm home, Forever Holdings, Honey-Can-Do account for considerable market size, several regional-level players are also operating across key growth regions, particularly in the Asia Pacific.
Bathla introduced X ?res ??e, a large foldable ironing b??rd m?de with the highest quality material in st?te-?f-the-?rt f??ilities. It is built from premium quality durable steel and designed with innovative features.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 7.1% from 2022 to 2032 |
Expected Market Value (2022) | USD 2,168.4 Million |
Anticipated Forecast Value (2032) | USD 4,305.6 Million |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Application, Classification, Type, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | USA, Canada, Mexico, Brazil, Germany, Italy, France, UK, Spain, China, Japan, South Korea, Malaysia, Singapore, Australia, GCC, South Africa, Israel |
Key Companies Profiled | Flipzone; Magna Homewares; Orril; Oppsme; Bathla; Whitmor; Leifheit; Brabantia; Ybm Home; Widemex |
Customization | Available Upon Request |
FMI projects the global ironing table market to expand at a 7.1% value CAGR by 2032
North America is expected to be the most opportunistic with a 26.3% share of the total c market
Whitmor, Leifheit, Brabantia, HOYO, Ybm home, Forever Holdings, Honey-Can-Do are some prominent ironing table, market manufacturers.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Ironing Table Market Analysis 2016 to 2021 and Forecast, 2022 to 2032 5. Global Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Classifications 5.1. Steel 5.2. Aluminum 5.3. Plastic 6. Global Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Applications 6.1. Applications 6.2. Laundry 6.3. Apparel Industry 6.4. Hotel 7. Global Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Types 7.1. Portable Table Top Ironing Board 7.2. Wall to mounted Iron Table 7.3. Table to top or Full to size Ironing Board 8. Global Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 12. Asia Pacific Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 13. MEA Ironing Table Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Ironing Table Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Flipzone 16.2. Magna Homewares 16.3. Orril 16.4. Oppsme 16.5. Bathla 16.6. Whitmor 16.7. Leifheit 16.8. Brabantia 16.9. Ybm home 16.10. Widemex 17. Assumptions & Acronyms Used 18. Research Methodology
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