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Rising Income Levels, Growing Affordability, and Introduction of Innovative Features will Drive the Electric Irons Market Growth
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The study aims to analyze and forecast the Indian electric irons market from FY2019 to FY2024. The growth of irons in India is led by an increasing number of new residential units and other construction activities coupled with rising per capita disposable income. Consistent efforts of manufacturers to stimulate replacement purchases through appealing regular launch of new technologies and ongoing interest of consumers in steam irons is anticipated to drive the market over the forecast period. The growing interest of consumers in maintaining a well-groomed appearance with wrinkle-free clothes is expected to have a positive impact on the industry. Some of the major participants operating in the Indian electric irons market include Bajaj Electricals, Usha International, Philips, Havells, Morphy Richards, Panasonic, Crompton, Inalsa, Singer, Nova, and Black+Decker.
o Dry iron: Dry iron does not produce any steam of its own. The damp cloth that is to be ironed help produce the steam to ease the wrinkles in the cloth
o Steam iron: Steam iron has built-in mechanisms that produce steam from water that is put into it during ironing, which makes the ironing process faster, easier, and simpler
o Garment steamer: It is a handheld device that takes the wrinkles out of a cloth with the use of high-temperature steam without making contact with the fabric
This market analysis of the Indian electric irons offers the most up-to-date market data on the actual market situation by product type (dry irons, steam irons, garment steamers); by key end-user segments (residential and commercial); and by regions (North, South, East, and West). The study covers the market landscape and its growth prospects over the coming years. The analysis also includes a discussion of the key companies operating in this market. The research includes market data from FY2019 to FY2024 that gives a future outlook for the electric irons market in India, which makes this analysis an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented exhibits.
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