by An ironing board is a narrow flat-topped table used for pressing clothes. It is essential home appliance used for smoothing out wrinkles and creases from clothing garments. Itoning boards are typically made up of wood or metals for durability. They feature folding legs for compact storage and portability. Some advanced models come with steam vents, padded bases and cushioned ironing surfaces for better iron glide. The global ironing boards market is driven by growing residential and commercial sectors. Rising middle class population and changing lifestyle trends are increasing demand for ironing services.
The Global Ironing Boards Market is estimated to be valued at US$ 2,491.9 Mn in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Ironing Boards Market are Bathla, Whitmor, Leifheit, Brabantia, Ybm Home, Widemex, Sunbeam, Minky, Mainstays, Brabantia, Faginey, Polder, Sullivans, Walfront., Homedora, Perilla, Mabel home, TIVIT, Whitmor, and Tidy Homz. These players are focusing on developing innovative, portable and durable ironing boards to cater to changing consumer needs.
The key opportunities in the market include introduction of smart ironing boards with automatic height adjustment, built-in storage and steam function. Additionally, growth of online retail platforms is expected to drive the sales of ironing boards.
Technological advancements such as introduction of compact folding designs, padded ironing surfaces, self-standing models and steam ironing boards are expected to boost the demand. Rising popularity of smart home appliances will further fuel the adoption of innovative ironing boards.
Market drivers: Increasing working population and dual income households are leaving less time for house chores like ironing. This is driving the demand for convenient ironing solutions and services. Moreover, rapid urbanization and growth of real estate sector are propelling the sales of ironing boards for both residential and commercial end-uses.
Challenges in Ironing Boards Market
There are few challenges being faced by the Ironing Boards Market Demand. Ironing requires time and effort. With changing lifestyle and busy schedule, people tend to avoid ironing as it does not fit into their daily routine. Lack of storage and portability issues related to ironing boards also restrict their usage. Storing ironing boards properly is another challenge faced. Space constraint in modern households is another major factor hampering the market growth. Changing trends where many people opt for anti-wrinkle garments or dry cleaning services further affects the market.
SWOT Analysis
Strength: Convenient and easy to use product for ironing garments at home. foldable and portable design helps in easy storage.
Weakness: Storage issues due to their shape and size. Require dedicated space for storage and usage. Heavy construction models affect portability.
Opportunity: Innovation in compact, space saving designs. Materials that reduce or avoid wrinkles and creases in garments.
Threats: Alternatives like dry cleaning and wrinkle-free fabrics. Busy lifestyles where ironing is considered inconvenient chore.
North America holds the largest share in the ironing boards market Asia Pacific is expected to be the fastest growing region due to increasing young population, rising disposable incomes and growing middle-class families in countries like India and China. Europe also captures a significant share in the market attributed to high adoption rates of smart domestic appliances in countries like Germany, UK and Italy.
The ironing boards market in North America is currently the largest and dominates other regional markets in terms of value share. Major factors driving the market in the region include high disposable incomes, increasing spending on home decor and furnishings, growing sales through e-commerce platforms and high product replacement rates.
About Author - Alice Mutum
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights. LinkedIn
