Market Overview:
The global travel 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 factors such as the increasing demand for online retail and rising disposable income of consumers. In terms of type, the metal travel hangers segment is expected to dominate the global market during the forecast period, owing to their durability and strength. In terms of application, online retail is projected to be one of fastest-growing segments in global travel hangers market during 2018-2030.
Product Definition:
A travel hanger is a type of hanger that is designed specifically for traveling. It typically has a clip on the end that can be used to attach to a suitcase or bag, and it often has multiple hooks so that it can hold multiple items. Travel hangers are important because they help keep clothes organized and wrinkle-free while traveling.
Metal Travel Hangers:
Metal travel hangers are used for supporting and displaying various types of clothing & apparel products in retail stores, supermarkets, malls and other commercial places. The product is made up of different types of metals such as steel & aluminum which have a protective coating that protects the fabric from corrosion. It also helps to provide durability to the coatings making them resistant to water or moisture.
Plastic Travel Hangers:
Plastic travel hangers are used for safely storing clothes and other items in hotel rooms. They are also used by house owners to store their belongings. The product is made up of plastic and metal, wherein the latter helps in providing stability to the former due to its weight. It can be easily attached or connected with pegs or hooks provided at the end of each arm, which is generally known as a handle.
Application Insights:
The offline segment dominated the global travel hangers market in 2017 and is expected to continue its dominance over the forecast period. The increasing number of hotels, resorts, and restaurants across the globe has led to an increase in demand for clothing storage solutions. As a result, manufacturers are focusing on developing products that can help hotels maintain their image by displaying their brand logo correctly. This is likely to drive product demand over the next few years.
Offline applications include luxury hotel chains such as Hilton Worldwide; Hyatt Hotels Corporation; Marriot International, Inc.; Taj Group of Hotels; and Le Meridien Hotel Management Company Limited among others which have more than 200 rooms each. These companies require various types of travel hangers depending upon their requirement so as to ensure high standards of service at all times for their customers staying at these hotels worldwide.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly attributed to the rising online shopping and e-commerce industry in North America. Asia Pacific is expected to witness significant growth over the forecast period owing to increasing number of international travelers, growing middle class population, improving economic conditions and rapid urbanization resulting in increased spending on travel accessories such as hangers. Moreover, increasing disposable income will drive demand further due to rise in popularity of western fashion trends such as skinny jeans and crop tops among youth population across emerging economies including China & India thereby driving regional market growth over the forecast period.
Growth Factors:
- Increasing demand for organized and clutter-free homes: A major factor driving the growth of the travel hangers market is the increasing demand for organized and clutter-free homes. Homeowners are increasingly looking for ways to declutter their homes, and travel hangers offer a convenient way to store clothes while on vacation or traveling.
- Rising popularity of minimalist lifestyle: The popularity of minimalist lifestyles is also contributing to the growth of the travel hangers market. Minimalist lifestyles focus on simplicity and functionality, which has led to an increase in demand for products that help reduce clutter and improve organization.
- Growing trend of eco-friendly living: Another key driver for the growth of the travel hangers market is the growing trend of eco-friendly living. Consumers are increasingly looking for products that are environmentally friendly, which has led to an increase in demand for sustainable travel hangers made from recycled materials.
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Hangers Market Research Report
By Type
Metal Travel Hangers, Plastic Travel Hangers
By Application
Online, Offline
By Companies
Daixers, Honbay, Qishi, IPOW, Trubetter, YOLOKE, Generic, Fanghome, Zcasmos, Hsagdh, Daixers, Star, Jinjiang Jiaxing Home, Guilin Iango Home Collection
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Travel Hangers Market Report Segments:
The global Travel Hangers market is segmented on the basis of:
Types
Metal Travel Hangers, Plastic Travel Hangers
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
Online, Offline
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:
- Daixers
- Honbay
- Qishi
- IPOW
- Trubetter
- YOLOKE
- Generic
- Fanghome
- Zcasmos
- Hsagdh
- Daixers
- Star
- Jinjiang Jiaxing Home
- Guilin Iango Home Collection
Highlights of The Travel 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:
- Metal Travel Hangers
- Plastic Travel Hangers
- By Application:
- Online
- Offline
- 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 Travel 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.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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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?
Travel hangers are a type of clothes rack that is designed to hang clothes in a way that allows them to be easily accessed. They are often made from metal or plastic and come with hooks on the top and bottom of the rack, which can be used to hang different types of clothing.
Some of the key players operating in the travel hangers market are Daixers, Honbay, Qishi, IPOW, Trubetter, YOLOKE, Generic, Fanghome, Zcasmos, Hsagdh, Daixers, Star, Jinjiang Jiaxing Home, Guilin Iango Home Collection.
The travel 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 Travel 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 Travel Hangers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Travel 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 Travel 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 Travel Hangers Market Size & Forecast, 2018-2028
4.5.1 Travel Hangers Market Size and Y-o-Y Growth
4.5.2 Travel Hangers Market Absolute $ Opportunity
Chapter 5 Global Travel Hangers 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 Travel Hangers Market Size Forecast by Type
5.2.1 Metal Travel Hangers
5.2.2 Plastic Travel Hangers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Travel Hangers 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 Travel Hangers Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Travel 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 Travel 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 Travel Hangers Analysis and Forecast
9.1 Introduction
9.2 North America Travel Hangers 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 Travel Hangers Market Size Forecast by Type
9.6.1 Metal Travel Hangers
9.6.2 Plastic Travel Hangers
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 Travel Hangers Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
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 Travel Hangers Analysis and Forecast
10.1 Introduction
10.2 Europe Travel Hangers 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 Travel Hangers Market Size Forecast by Type
10.6.1 Metal Travel Hangers
10.6.2 Plastic Travel Hangers
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 Travel Hangers Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
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 Travel Hangers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Travel Hangers 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 Travel Hangers Market Size Forecast by Type
11.6.1 Metal Travel Hangers
11.6.2 Plastic Travel Hangers
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 Travel Hangers Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
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 Travel Hangers Analysis and Forecast
12.1 Introduction
12.2 Latin America Travel Hangers 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 Travel Hangers Market Size Forecast by Type
12.6.1 Metal Travel Hangers
12.6.2 Plastic Travel Hangers
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 Travel Hangers Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
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) Travel Hangers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Travel Hangers 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) Travel Hangers Market Size Forecast by Type
13.6.1 Metal Travel Hangers
13.6.2 Plastic Travel Hangers
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) Travel Hangers Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
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 Travel Hangers Market: Competitive Dashboard
14.2 Global Travel Hangers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daixers
14.3.2 Honbay
14.3.3 Qishi
14.3.4 IPOW
14.3.5 Trubetter
14.3.6 YOLOKE
14.3.7 Generic
14.3.8 Fanghome
14.3.9 Zcasmos
14.3.10 Hsagdh
14.3.11 Daixers
14.3.12 Star
14.3.13 Jinjiang Jiaxing Home
14.3.14 Guilin Iango Home Collection
