Fabric Steamer Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2021–2030

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A fabric steamer, often known as a cotton steamer or just a steamer, is a machine that utilizes high-temperature steam to eliminate wrinkles from garments and textiles. Streamer works by heating water until it turns into steam and then directing the steam onto a wrinkled cloth to loosen the fibers and remove the wrinkles. As with conventional ironing, steamers soften textiles rather than flatten them; this method is friendlier on the substance and prevents scaling. As a consequence, creases from delicate materials such as silk are removed using a dressing steamer. Fabric steamers have acquired an interest in the market since they come in a variety of sizes, prices and characteristics. They are easy to use, lightweight and intended for a variety of textiles and clothing, such as bedding, everyday clothes, and so on. Fabric steamers help to eliminate wrinkles from delicate materials like silk.

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Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, and LAMEA

Segments Covered

Product Type, Technology, Application, End User, Distribution Channel and Region

Companies Covered

Haier Group Corporation, Koninklijke Phillips N.V., Midea Group Co., Ltd, Shanghai Flyco electrical Appliance Co., Ltd, Jiffy Steamer Company, LLC., Stanley Black and Decker, Inc., Secura, Inc, IFB Industries Ltd, Conair Corp, and Reliable Corporation.

COVID-19 Impact Analysis

The advent of the global pandemic, COVID-19, has affected the fabric steamer market. During the ongoing pandemic, the fabric steamer was not considered a necessary product. Hence, the demand for fabric steamer has seen a fall.
As the COVID-19 pandemic has forced countries to enforce lockdown, the supply and distribution chain had disrupted. There was a restriction on the import and export of fabric steamer as it was not an essential product. Hypermarket/Supermarket and specialty stores were closed, creating a gap in demand and supply.
The production process for new batches of fabric steamer had become a challenge for companies due to the limited availability of labour, disrupted raw material supply, and logistical issue.
Top Impacting Factors

The ambitious intermediate class has a high disposable income, a need for high living standards resulting in the demand for fabric steamers. The demand is expected to increase as the population of the middle classes increases. Increased involvement of women working forces would likewise boost consumer clothing and fashion enterprises and increase the sale of manufacturing steamers. Offline and internet retailers satisfy this desire. Offline shops offer easy access to several products that contribute to the segment's growth.
With the passing of years, technology is developing, which is responsible for the introduction of new fabric steamer in the market. These products have additional features that increase convenience for the customers and helps in reducing the wastage of time. A product with high efficiency is expected to have a high demand in the market.
Due to the outbreak of the COVID-19 pandemic, the fabric steamer market has seen a dip in demand. The expectation is that the market will start growing once the COVID outbreak decreases and the commercial industries start their operation in full force.

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Market Trends

Lower customer brand loyalty forces producers to keep competitive prices.

Companies operate in a highly competitive climate in the fabric steamer industry. Many items in the same category have been available, and regular releases have interfered with customer brand loyalty. In addition to rivalry, increased product penetration has forced producers to invest in innovations. The tactics to increase their reach are changing. For example, numerous firms have moved from high to low and mid-income consumer groups.

More items are therefore accessible on the market at reasonable prices. Through improved technology, firms may provide superior product versions at reduced rates. Ecommerce giants like Amazon, Walmart, and others also provide the issue. Some of these businesses push their first brands over online platforms, which encourage manufacturers to focus on the creation of new products.

The major driving force for the steamer fabric market is smart home technologies.

The amazing increase in demand for controlled systems and intelligent homes is reflected in the market. More and more people want their living environment to be digitized. As a consequence, demand has stimulated for household equipment using integrated smart technology.

The growing desire for comfort and comfort has pushed households to support smart washing with innovative items like clothing steamers. Some of Samsung and LG Electronics' major firms have introduced clever clothing dryers that are operated by wireless technology. The high demand will boost the sales of sophisticated fabric steamers by increasing the demand for intelligent homes.

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Key Segments Covered

Product Type

Handheld
Standalone
Technology
Automatic
Semi-Automatic
Application

Clothes
Curtain
Carpets
Others
End User

Households
Hotels
Entertainment Industry
Others
Distribution Channel

Hypermarkets
Specialty Stores
Online
Others
Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Benefits of the Report

This study presents the analytical depiction of the fabric steamer 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 fabric steamer market share.
The current market is quantitatively analyzed from 2020 to 2030 to highlight the fabric steamer market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed fabric steamer market analysis on the basis of competitive intensity and how the competition will take shape in coming years

Questions Answered in the Report
Who are the leading market players active in the fabric steamer market?
What 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?