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The garment steamer market is projected to grow at a robust CAGR of 6.0% between 2022 and 2030. The market is driven by the growing demand for apparel care appliances from professional as well as residential end users. Moreover, the growth of retail sector is expected to propel the demand for garment care appliances in the coming years.
The market is dominated by North America and Europe. APAC is also anticipated to register strong traction in the garment steamer market by the end of the forecast period. The growing population and increasing urbanization rate are also driving the appliance market in the region.
The study provides an in-depth look into the key market drivers, restraints, and trends, as well as an overview of the vendor landscape. It also profiles a number of leading companies in the garment steamer market.
The garment steamer market is driven by technological innovation. This advanced technology has helped manufacturers cut down on product prices. This is expected to create lucrative opportunities for garment steamer manufacturers. It is essential for vendors to refine their value proposition to cater to changing technological environment.The market is also driven by the growing popularity of portable models. These products are easy to carry and provide high operationality. They are also gaining popularity among travelers.
The handheld garment steamer segment is expected to register the fastest growth rate during the forecast period. This is because of the increasing consumer acceptance.
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