India Garment Steamer Market (2018-2024)


Posted May 22, 2019 by Wresearch

India Garment Steamer Market to Witness Nearly Two Fold Revenues by 2024 - 6Wresearch
 
Consumers in India are becoming liberal on their spending habits as a result of increasing personal disposable income. Garment steamers are primarily used by commercial segment, however, over the past few years the product is gaining high acceptance across the household segment. The growth of garment steamer market in India is backed by surging aspirations of middle class population towards branded clothing. Garment steamers are ideal for delicate fabrics, in addition, these are also used for removing wrinkles and freshening of curtains, bed sheets, and upholsteries (seats & furniture covers). Moreover, growing product awareness, urbanization, and surging emphasis towards personal upkeep are further catalyzing the growth of garment steamer market in the country.

According to 6Wresearch, India Garment Steamer market is projected to grow at a CAGR of 10% during 2018-24. Although, India brown goods market recorded nearly $1.5 billion revenues in 2017, wherein dry and steam irons contributed around 7% market revenue share and garment steamer segment recorded low share. However, the segment is likely to gain acceleration over the coming years with increasing purchasing power of consumers in the country. In terms of volume, garment steamer market is anticipated to exhibit a CAGR of around 11.7% during the forecast period. Commercial end user segment bagged highest revenue share in 2017. Moreover, on account of growing product awareness, household segment is expected to exhibit highest growth rate during the forecast period.

Press Release @ https://www.6wresearch.com/press-releases/india-garment-steamer-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html

Key Highlights of the Report:
Garment Steamer
Standing Garment Steamer
Upright Garment Steamer

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Tags garmentsteamer , standinggarmentsteamer , uprightgarmentsteamer
Last Updated May 22, 2019