Market Overview:
The global steam clothing care system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steam clothing care systems from various applications such as specialty stores, malls, and online shops. Additionally, the rising awareness about the benefits of using steam clothing care systems is also contributing to the growth of this market. Based on type, the global steam clothing care system market can be segmented into those with smart Wi-Fi and those without smart Wi-Fi. The former type is expected to witness higher growth during the forecast period owing to its advantages such as remote control operation and automatic temperature adjustment. Regionally, North America dominates the global steam clothing care system market followed by Europe and Asia Pacific respectively.
Product Definition:
A steam clothing care system is a device that uses pressurized steam to remove wrinkles and freshen clothes. It can also be used to remove stains and sanitize fabric. The importance of using a steam clothing care system is that it helps keep clothes looking newer longer, and it helps kill germs on fabrics.
With Smart Wi-Fi:
With smart Wi-Fi, it is used to connect the machine wirelessly with the smartphone or tablet and also allows data transmission between them. It plays a significant role in steam clothing care system industry owing to its features such as monitoring temperature, humidity, and other parameters of the environment of textile products. The smart Wi-Fi connected devices send alerts when there is any problem with garment’s freshness so that customer can take corrective actions at an early stage.
Without Smart Wi-Fi:
The Without smart Wi-Fi (WSWS) is a technology that allows the steam to flow through the fiber of textile without any intervention of WIFI. It uses thermal mass transfer process to remove moisture from the fabric and it helps in maintaining temperature inside garment.
It has been observed that, with increase in population, there is an increase in demand for clothes as well as for other home appliances such as iron and shoes which leads to growth of apparel market globally.
Application Insights:
The specialty store segment led the global steam clothing care system market in 2017. The growth of this segment can be attributed to the increasing number of specialty stores across various regions, such as U.S., Canada, China and Japan. Moreover, rising demand for luxury brands is also driving the growth of this segment. For instance, according to LVMH Moĩt Hennessy Louis Vuitton (LVMH), a luxury fashion house based in Paris France; their sales increased by 5% from 2016 to 2017 due to growing middle-class population and high consumer spending capacity in emerging economies including India and China.
Online shopping is expected register notable gains over the forecast period owing to its convenience coupled with ease of access for customers worldwide through internet portals such as Amazon USA LLC., Amazon UK Ltd., Alibaba Group Holding Inc., ASOS Ltd.
Regional Analysis:
Europe dominated the global market in 2017 owing to growing online shopping and specialty store retailers. The region is expected to witness significant growth over the forecast period due to increasing demand for smart clothing care systems with Wi-Fi enabled features. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rising disposable income levels, improving standard of living, and expanding retail outlets in developing countries including China, India, Bangladesh & Pakistan. Moreover, an increase in foreign investments coupled with government support is anticipated to drive industry expansion over the next seven years. For instance; In July 2016; H&M opened its first store outside Europe at Singapore’s Bugis Junction which also has a concept called “H&M Home Store†that includes home delivery service for purchases above S (approximately USD X). Furthermore it has collaborated with Uniqlo parent company Fast Retailing Company Ltd.
Growth Factors:
- Increasing demand from the hospitality sector for Steam Clothing Care System as it helps in quick and efficient cleaning of clothes.
- Rising awareness about the benefits of using Steam Clothing Care System among consumers, which is resulting in an increase in its adoption across different sectors.
- Growing demand for eco-friendly and energy-efficient solutions, which is driving the market for Steam Clothing Care System globally.
- Technological advancements that are taking place in the market are helping to bring down the overall cost of ownership of these systems, thereby boosting their uptake significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steam Clothing Care System Market Research Report
By Type
With Smart Wi-Fi, Without Smart Wi-Fi
By Application
Specialty Store, Mall, Online Shop
By Companies
LG, Coway, Samsung, Electrolux Professional, Whirlpool
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Steam Clothing Care System Market Report Segments:
The global Steam Clothing Care System market is segmented on the basis of:
Types
With Smart Wi-Fi, Without Smart Wi-Fi
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
Specialty Store, Mall, Online Shop
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:
- LG
- Coway
- Samsung
- Electrolux Professional
- Whirlpool
Highlights of The Steam Clothing Care System 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:
- With Smart Wi-Fi
- Without Smart Wi-Fi
- By Application:
- Specialty Store
- Mall
- Online Shop
- 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 Steam Clothing Care System 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
Steam Clothing Care System is a system that helps keep your clothes clean and free from wrinkles.
Some of the major players in the steam clothing care system market are LG, Coway, Samsung, Electrolux Professional, Whirlpool.
The steam clothing care system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Steam Clothing Care System 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 Steam Clothing Care System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Steam Clothing Care System 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 Steam Clothing Care System 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 Steam Clothing Care System Market Size & Forecast, 2020-2028 4.5.1 Steam Clothing Care System Market Size and Y-o-Y Growth 4.5.2 Steam Clothing Care System 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 With Smart Wi-Fi
5.2.2 Without Smart Wi-Fi
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 Specialty Store
6.2.2 Mall
6.2.3 Online Shop
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steam Clothing Care System 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 Steam Clothing Care System 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 With Smart Wi-Fi
9.6.2 Without Smart Wi-Fi
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 Specialty Store
9.10.2 Mall
9.10.3 Online Shop
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 With Smart Wi-Fi
10.6.2 Without Smart Wi-Fi
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 Specialty Store
10.10.2 Mall
10.10.3 Online Shop
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 With Smart Wi-Fi
11.6.2 Without Smart Wi-Fi
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 Specialty Store
11.10.2 Mall
11.10.3 Online Shop
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 With Smart Wi-Fi
12.6.2 Without Smart Wi-Fi
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 Specialty Store
12.10.2 Mall
12.10.3 Online Shop
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 With Smart Wi-Fi
13.6.2 Without Smart Wi-Fi
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 Specialty Store
13.10.2 Mall
13.10.3 Online Shop
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 Steam Clothing Care System Market: Competitive Dashboard
14.2 Global Steam Clothing Care System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LG
14.3.2 Coway
14.3.3 Samsung
14.3.4 Electrolux Professional
14.3.5 Whirlpool