Europe Electric Iron Market Size & Outlook, 2023-2030

The electric iron market in Europe is expected to reach a projected revenue of US$ 624.9 million by 2030. A compound annual growth rate of 7.8% is expected of Europe electric iron market from 2024 to 2030.
Revenue, 2023 (US$M)
$369.3
Forecast, 2030 (US$M)
$624.9
CAGR, 2024 - 2030
7.8%
Report Coverage
Europe

Europe electric iron market, 2018-2030 (US$M)

Europe
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Europe electric iron market highlights

  • The Europe electric iron market generated a revenue of USD 369.3 million in 2023.
  • The market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
  • In terms of segment, automatic was the largest revenue generating function in 2023.
  • Automatic is the most lucrative function segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 369.3 million
Market revenue in 2030USD 624.9 million
Growth rate7.8% (CAGR from 2023 to 2030)
Largest segmentAutomatic
Fastest growing segmentAutomatic
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAutomatic
Key market players worldwideBajaj Electricals Ltd., BSH, Crompton Greaves Consumer Electricals, Groupe SEB, Hamilton Beach Brands Holding Co Class A, Koninklijke Philips NV, Panasonic Holdings Corp, Orient Electric


Other key industry trends

  • In terms of revenue, Europe region accounted for 27.1% of the global electric iron market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 834.4 million by 2030.

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Electric Iron Market Scope

Electric iron market segmentation & scope
Non-Automatic
Product
Dry
Steam
Application
Residential
Commercial
Distribution Channel
Online
Offline
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Brazil
Saudi Arabia
China
India
Japan
ANZ
South Korea

Electric Iron Market Companies

Name Profile # Employees HQ Website

Europe electric iron market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric iron market will help companies and investors design strategic landscapes.


Automatic was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe electric iron market based on automatic covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe electric iron market databook

  • Our clientele includes a mix of electric iron market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe electric iron market , including forecasts for subscribers. This continent databook contains high-level insights into Europe electric iron market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe electric iron market

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