Market Overview:
The global clothes hangers (coat hangers) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for clothes hangers from both, household and commercial applications. Additionally, rising awareness about hygiene and cleanliness is also propelling the demand for clothes hangers globally. On the basis of type, single-rod clothes hangers are expected to dominate the market during the forecast period owing to their low cost and easy availability. However, double pole clothes hangers are projected to witness higher growth rates as they offer more stability than single-rod ones when used with heavy garments such as coats or suits. Regionally, North America is anticipated to lead the global market for clothes hangers due its high disposable income levels and growing retail sector.
Product Definition:
A clothes hanger (coat hanger) is a device used to hang up clothes. It usually has two metal bars at the top, which a person can use to hang up a shirt, blouse, dress, coat or other garment.
Single-rod:
Single-rod hangers are used for coats, jackets, and other garments. They are also used in shoe trees to hold shoes. Single-rod hangers have a single metal or plastic hook on the end of a metal or wooden shaft that is inserted into the clothes closet to hold onto clothing.
Double Pole:
Double pole hangers are used in clothes hangers to provide two hooks at the same time. The product is made of metal or plastic and has two prongs that are bent back from the rest of the loop, which enables it to fit into a coat or garmentrombone hook. These products have been around for ages; however, they recently gained popularity due to their ease of use and convenience.
The global double pole.
Application Insights:
The commercial application segment dominated the global clothes hangers (coat hangers) market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to increasing number of shopping malls and retail stores across developing countries such as India, China and Bangladesh. Moreover, rising preference for western clothing among emerging middle-class population is expected to boost demand from commercial application segment over the forecast period.
Household application accounted for a smaller share in comparison with commercial applications on account of fewer number of households compared to working individuals or families having more than 4 members living in a house.
Single-rod type coat hanger is most commonly used by households due largely its low cost.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to increasing demand for coat hangers from developing countries such as India and China. The growing population, rising disposable income, and rapid urbanization are some of the factors driving the regional market growth. Moreover, a large number of manufacturers have been setting up their production facilities in these regions due to low labor costs and easy availability of raw materials such as steel wire which is used for manufacturing coat hangers. For instance, In January 2018, Sichuan Hualun Industrial Development Co., Ltd.
North America region accounted for more than 20% share owing to high demand from commercial application segmentation including hotels/motels/resorts and departmental stores & shopping malls among others.
Growth Factors:
- Increasing demand for organized and clutter-free homes: A major driving factor for the clothes hanger market is the increasing demand for organized and clutter-free homes. Consumers are increasingly becoming aware of the benefits of using clothes hangers to organize their wardrobes, which is resulting in higher demand for these products.
- Rising popularity of online shopping: The popularity of online shopping is another key growth driver for the clothes hanger market. With more and more consumers preferring to buy goods online, the demand for clothes hangers is expected to increase significantly in the coming years.
- Growing trend of minimalism: The growing trend of minimalism is also contributing to rising demand for clothes hangers worldwide. Consumers are now opting for simpler lifestyles with less clutter, which has led to an increase in sales of clothing racks and other storage solutions such as clothes hangers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Clothes Hangers (Coat Hangers) Market Research Report
By Type
Single-rod, Double Pole
By Application
Household, Commercial
By Companies
Hotata, Hooeasy, Orlant, L-Best, Schloeman, JOMOO, Jeyang, Yuechao
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Clothes Hangers (Coat Hangers) Market Report Segments:
The global Clothes Hangers (Coat Hangers) market is segmented on the basis of:
Types
Single-rod, Double Pole
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hotata
- Hooeasy
- Orlant
- L-Best
- Schloeman
- JOMOO
- Jeyang
- Yuechao
Highlights of The Clothes Hangers (Coat Hangers) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-rod
- Double Pole
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Clothes Hangers (Coat Hangers) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Clothes hangers are metal or plastic rods with a hook at one end and a loop at the other. They are used to hang clothes on a coat rack, in the closet, or anywhere else they can be hung.
Some of the key players operating in the clothes hangers (coat hangers) market are Hotata, Hooeasy, Orlant, L-Best, Schloeman, JOMOO, Jeyang, Yuechao.
The clothes hangers (coat hangers) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Clothes Hangers (Coat Hangers) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Clothes Hangers (Coat Hangers) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Clothes Hangers (Coat Hangers) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Clothes Hangers (Coat Hangers) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Clothes Hangers (Coat Hangers) Market Size & Forecast, 2020-2028 4.5.1 Clothes Hangers (Coat Hangers) Market Size and Y-o-Y Growth 4.5.2 Clothes Hangers (Coat Hangers) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single-rod
5.2.2 Double Pole
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Clothes Hangers (Coat Hangers) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Clothes Hangers (Coat Hangers) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single-rod
9.6.2 Double Pole
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single-rod
10.6.2 Double Pole
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single-rod
11.6.2 Double Pole
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single-rod
12.6.2 Double Pole
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single-rod
13.6.2 Double Pole
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Clothes Hangers (Coat Hangers) Market: Competitive Dashboard
14.2 Global Clothes Hangers (Coat Hangers) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hotata
14.3.2 Hooeasy
14.3.3 Orlant
14.3.4 L-Best
14.3.5 Schloeman
14.3.6 JOMOO
14.3.7 Jeyang
14.3.8 Yuechao