Allied Market Research
Loading...
0
Upcoming Allied Market Research
2021
Travel Irons Market

Travel Irons Market by Type (Less than 1LB and Above 1LB), Application (Specialty Retailers, Department Stores, Supermarkets and Hypermarkets, and Discount Stores), and Key Stakeholders (Manufacturers, Distributors/Traders/Wholesalers, Subcomponent Manufacturers, Industry Association, and Downstream Vendors): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09382
Pages: NA
Dec 2021 | 1107 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Travel Irons Market

Request Now !

Travel irons are similar to the conventional irons that one uses at the home of laundry. These irons are handheld devices that are used to clear wrinkles from the garments. Its compact nature and small size is the only difference between travel irons and ordinary irons. These irons are easy to pack and carry while going on trips.

These irons are becoming popular because of their function, which offers an instant solution for quick ironing anywhere, anytime, with a quality outcome. The travel irons are cordless, rechargeable, portable, battery-operated, and easy to carry. Travelers prefer to use these irons so that they can maintain a well-groomed look while on travel trips. Moreover, business travelers find travel irons a very useful device as they help in quickly ironing the clothes that are to be worn on business presentations.

With the increase in the travel activities for leisure as well as business, the demand for global travel irons is expected to grow significantly over the forecast period.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

   Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Type, Application, Key Stakeholders, and Region

  Regions covered

North America (U.S., Canadaand Mexico), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA)

  Companies covered

Conair, Usha, Panasonic, Koninklijke Philips, Russell Hobbs, Rowenta, Korjo, Sunbeam Products, Swan Brand, Smartek USA, Morphy Richards,  Wilko Retail, Bharat Light Machine, Fabiano, and NACCO Industries.

 

COVID-19 ScenarioAnalysis:

  • The COVID-19 pandemic has a varied impact on the electronic goods industry.
  • Some electronic goods, like several medical devices and artificial intelligence, are not suffering due to the Corona Virus outbreak, while others, like travel irons, are suffering from the impact of COVID-19.
  • The supply chain disruption and halt in the export-import activities across the globe, majorly affect the production and supply of the travel irons and other electronic goods.
  • The global electronic industry is witnessing a logistics slowdown and unavailability of the workforce.
  • Also, travel irons' highest demand was from the leisure travel and business travel industry, both of which are massively hit by the COVID-19 outbreak, thereby negatively affecting the demand for travel irons.

Top Impacting Factors:Market Scenario Analysis, Trends, Drivers and Impact Analysis

Ease of use and carrying for leisure and business travelers drive the global market for the travel irons. Along with this, it is an inexpensive alternative to ordinary irons and also includes innovative features, which raises the demand for travel irons globally.

While a few challenges are also faced by global travel irons, which restrain their market growth. Many hotels have started offering irons to their customers, which restricts the demand for travel irons. Additionally, the travel irons are not as efficient as the ordinary or conventional irons, which again hamper their market demand. Another factor that is restraining the market growth for travel irons is the presence of innovative wrinkle-free fabrics, increased use of casual clothing that does not require ironing, and the preference for carrying travel-friendly clothes during leisure travel. The frequency of purchase of irons is very low because these devices are meant for long-term use and last for 8-9 years, which acts as a major barrier for the growth of the global market for travel irons. Less frequent purchases make it difficult for marketers to build brand loyalty.

However, the growing demand for cordless travel irons, changing lifestyle, ease of doing facility, temperature setting feature, increasing disposable income are providing several growth opportunities for the global manufacturers of the travel irons.

The Global Travel Irons Market Trends are as follows:

Vintage Style Travel Irons:

These days travel irons with a retro gadget look are becoming popular among consumers. These irons are mostly foldable and possess setting with variable control, providing greater efficiency. The vintage-style travel irons are made using metals, Bakelite, and stainless steel. Their aesthetic design, unique body color, and classic design owe to their high sales. They also serve as a pretty good option for gifting.

Trends in Design and Features:

Players operating in the manufacturing of travel irons are extensively focusing upon introducing innovative features in travel irons. Space-saving options and sleek designs are being focused upon by the manufacturers. Diverse features like minimal water drip, steam properties, dual voltage, cordless irons, retractable chords, and others are being introduced, paving new growth pathways for travel irons globally.

Growing Penetration of e-commerce:

The offline retail stores, especially the specialty retailers, possess a large variety of brands and several product portfolios, due to which they account for high sales. However, with the high penetration of internet and e-commerce platforms, the preference for online shopping is increasing. Brands are focusing on launching interactive and informative websites to enhance their customer experience. The wide use of online platforms will lead to an increase in sales of travel irons in the coming years.

Key Segments Covered:

Segments

Sub-segments

  Type

  • Less than 1LB
  • Above 1LB

   Application

  • Specialty Retailers
  • Department Stores
  • Supermarkets and Hypermarkets
  • Discount Stores

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global travel irons industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global travel irons market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global travel irons market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global travel irons market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Travel Irons Market Research Report:

  • What are the leading market players active in the travel ironsmarket?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Travel Irons Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers