Ironing Boards Market to Witness Substantial Growth due to Increasing Working Population
The ironing boards market has witnessed substantial demand over the past few years owing to the growing working population globally. Ironing boards are essential household products that help in effective and efficient ironing of clothes. They provide a sturdy and flat surface to neatly iron clothes and fabrics. Portable ironing boards are popular among working professionals and travelers due to their compact size and easy storage capability.
The global ironing boards market is estimated to be valued at US$ 2,491.9 Mn in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024 to 2031.
Key Takeaways
Key Players: Key players operating in the ironing boards market include Bathla, Whitmor, Leifheit, Brabantia, Ybm Home, Widemex, Sunbeam, Minky, Mainstays, Brabantia, Faginey, Polder, Sullivans, Walfront., Homedora, Perilla, Mabel home, TIVIT, Whitmor, and Tidy Homz. These players account for a significant share of the market. Bathla and Whitmor are market leaders due to their diverse product portfolios and widespread distribution channels.
Key Opportunities: Growing demand for space saving and portable ironing boards from households and hotels provides significant growth opportunities for manufacturers. Product innovation led by advanced material and ergonomic designs catering to changing consumer needs will define future market trends.
Global Expansion: Key players are focusing on global expansion plans to leverage growth opportunities in developing regions of Asia Pacific, Latin America, and Middle East & Africa. Strategic partnerships with local retailers and e-commerce platforms aid penetration in international markets.
Market Drivers
Rising Working Population: Growing number of individuals joining the workforce has increased the demand for Ironing Board Market Trend. Professionals require properly ironed clothes and attire for professional settings and meetings, thereby driving sales of ironing boards.
Product Innovation: Continuous innovation led by new materials, compact designs, adjustable heights and tilting mechanisms have enhanced comfort and functionality of ironing boards. Modern boards cater to changing consumer needs and preferences.
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About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
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