Global Electric Iron Market Size study, by Function Outlook (Automatic, Non-automatic) by Product Outlook (Dry, Steam) by Application Outlook (Residential, Commercial) by Distribution Channel Outlook (Offline, Online) and Regional Forecasts 2022-2028Global Electric Iron Market is valued approximately USD 1.27 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.30 % over the forecast period 2022-2028. The temperature of electric iron ranges from 230 to 428 Fahrenheit and made up of plastic and metal body. The increasing in electrification has led the adoption of Electric Iron across the forecast period. For Instance: as per the World Bank Data, the electrification rate has increased from the year 2018, which is 89.433% to 90.097% in year 2019 worldwide. And access to the electricity is growing the use of an electric iron which is an important factor for excelling the growth of the market. Also, with the increasing number of working population leads to the adoption & demand for Electric Iron is likely to increase the market growth during the forecast period. However, the water tank has to be refilled frequently which impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Electric Iron Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the dominating region across the world in terms of market share owing to the availability of wide assortment of products suitable for different requirements and the region has wide access to the electricity. According to the World Bank Data, in Canada, U.S., and Mexico 100% of the population have access to the electricity which helps in fulfilling the requirements to use electric iron. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising disposable income, strong distribution channel and increasing access to electricity would create lucrative growth prospects for the Electric Iron market across Asia-Pacific region.

Major market player included in this report are:
Bajaj Electricals Ltd.
BCL Electronic
BLACK+DECKER Inc.
BSH
Home Appliances FZE
Crompton
Eveready Industries India Ltd.
Groupe SEB India
Hamilton Beach
Havells India Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Function Outlook:
Automatic
Non-automatic
By Product Outlook:
Dry
Steam
By Application Outlook:
Residential
Commercial
By Distribution Channel Outlook:
Offline
Online
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Electric Iron Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Bajaj Electricals Ltd.
BCL Electronic
BLACK+DECKER Inc.
BSH
Home Appliances FZE
Crompton
Eveready Industries India Ltd.
Groupe SEB India
Hamilton Beach
Havells India Ltd.