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Sep 24, 2021, 22:00 ET
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NEW YORK, Sept. 24, 2021 /PRNewswire/ — The global household clothes steamers and dryers market is poised to grow by USD 1.03 billion during 2021-2025, progressing at a CAGR of almost 10% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the growth variance and the Y-O-Y growth rate.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Conair Corp., Electrolux AB, Haier Smart Home Co. Ltd., IFB Industries Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and Whirlpool Corp. are some of the major market participants. Although product innovations leading to product premiumization and rising awareness of dust mites-free and allergen-free clothing will offer immense growth opportunities, fluctuations in raw material costs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Household Clothes Steamers and Dryers Market 2021-2025: Segmentation
Household Clothes Steamers and Dryers Market is segmented as below:
Learn more about the additional trends impacting the future of the household clothes steamers and dryers market. Download our free sample report:
Related Reports on Consumer Discretionary Include:
Global Humidifiers Market – Global humidifiers market is segmented by product (warm-mist humidifiers, ultrasonic humidifiers, and cool-mist humidifiers) and geography (North America, Europe, APAC, South America, and MEA).
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Global Hair Dryer Market – Global hair dryer market is segmented by product (corded hair dryers and cordless hair dryers), end-user (professional usage and individual usage), and geography (APAC, Europe, North America, South America, and MEA).
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Household Clothes Steamers and Dryers Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our household clothes steamers and dryers market report covers the following areas:
This study identifies the rise in employment creating the need for clean clothes as one of the prime reasons driving the household clothes steamers and dryers market growth during the next few years.
Household Clothes Steamers and Dryers Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Household Clothes Steamers and Dryers Market. Backed with competitive intelligence and benchmarking, our research report on the Household Clothes Steamers and Dryers Market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Household Clothes Steamers and Dryers Market 2021-2025: Key Highlights
Table Of Contents :
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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