World - Ironing Machines And Presses - Market Analysis, Forecast, Size, Trends And Insights
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The global market for ironing machines is facing a decline in demand, with an anticipated CAGR of -4.1% from 2022 to 2030. Consumption, production, imports, and exports of ironing machines are analyzed for various countries including the United States, China, and India. Despite fluctuations in trends, the market value is projected to reach $1.2B by 2030. China leads in both production and exports of ironing machines, while the United States is the top importer. Explore the detailed insights on ironing machine market dynamics worldwide.
Market Forecast
Depressed by shrinking demand for ironing machine worldwide, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -4.1% for the period from 2022 to 2030, which is projected to depress the market volume to 2M units by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of +0.0% for the period from 2022 to 2030, which is projected to bring the market value to $1.2B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Ironing Machines And Presses
In 2022, approx. 2.8M units of ironing machines and presses were consumed worldwide; remaining constant against 2021. Over the period under review, consumption saw a mild descent. Global consumption peaked at 3.4M units in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
The global ironing machine market value declined rapidly to $1.2B in 2022, with a decrease of -16.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt shrinkage. Over the period under review, the global market attained the peak level at $2.1B in 2013; however, from 2014 to 2022, consumption remained at a lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were the United States (847K units), China (443K units) and India (420K units), with a combined 62% share of global consumption.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by the United States (with a CAGR of +8.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest ironing machine markets worldwide were Japan ($161M), China ($127M) and the United States ($90M), with a combined 33% share of the global market.
In terms of the main consuming countries, the United States, with a CAGR of +3.8%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of ironing machine per capita consumption in 2022 were the United States (2.5 units per 1000 persons), the UK (1.7 units per 1000 persons) and Saudi Arabia (1.6 units per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by the United States (with a CAGR of +7.7%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Ironing Machines And Presses
In 2022, the amount of ironing machines and presses produced worldwide reduced slightly to 1.9M units, therefore, remained relatively stable against the previous year's figure. In general, production showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 20% against the previous year. Over the period under review, global production reached the peak volume at 3.1M units in 2013; however, from 2014 to 2022, production failed to regain momentum.
In value terms, ironing machine production contracted modestly to $1.3B in 2022 estimated in export price. Overall, production recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Global production peaked at $3.9B in 2014; however, from 2015 to 2022, production failed to regain momentum.
Production By Country
The country with the largest volume of ironing machine production was China (1.2M units), comprising approx. 60% of total volume. Moreover, ironing machine production in China exceeded the figures recorded by the second-largest producer, Italy (110K units), more than tenfold. The third position in this ranking was taken by Germany (77K units), with a 4% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China was relatively modest. In the other countries, the average annual rates were as follows: Italy (-2.0% per year) and Germany (-5.7% per year).
Imports
World Imports of Ironing Machines And Presses
In 2022, the amount of ironing machines and presses imported worldwide expanded remarkably to 2.1M units, increasing by 13% on the year before. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.6% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of 27% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ironing machine imports fell to $449M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, global imports reached the peak figure at $511M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Imports By Country
In 2022, the United States (850K units) represented the key importer of ironing machines and presses, constituting 40% of total imports. India (436K units) held the second position in the ranking, distantly followed by the UK (254K units). All these countries together held near 32% share of total imports. Canada (65K units), Saudi Arabia (58K units) and Australia (33K units) took a relatively small share of total imports.
From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +21.4%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($70M) constitutes the largest market for imported ironing machines and presses worldwide, comprising 16% of global imports. The second position in the ranking was taken by the UK ($20M), with a 4.5% share of global imports. It was followed by India, with a 3.1% share.
In the United States, ironing machine imports expanded at an average annual rate of +8.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the UK (+7.6% per year) and India (+5.3% per year).
Import Prices By Country
In 2022, the average ironing machine import price amounted to $211 per unit, which is down by -16.8% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 18%. As a result, import price reached the peak level of $397 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($391 per unit), while India ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Ironing Machines And Presses
In 2022, global exports of ironing machines and presses soared to 1.3M units, rising by 22% on 2021 figures. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ironing machine exports expanded remarkably to $466M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The global exports peaked at $493M in 2018; however, from 2019 to 2022, the exports remained at a lower figure.
Exports By Country
China represented the key exporter of ironing machines and presses in the world, with the volume of exports accounting for 735K units, which was approx. 57% of total exports in 2022. The UK (150K units) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Italy (5.5%) and Hungary (5.3%). Germany (55K units), the Netherlands (35K units), Tunisia (31K units) and Turkey (23K units) followed a long way behind the leaders.
From 2012 to 2022, average annual rates of growth with regard to ironing machine exports from China stood at +3.9%. At the same time, Hungary (+95.8%), Tunisia (+73.1%), the Netherlands (+14.3%), Turkey (+10.4%), the UK (+4.8%) and Germany (+2.5%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of +95.8% from 2012-2022. By contrast, Italy (-1.9%) illustrated a downward trend over the same period. Hungary (+5.3 p.p.), Tunisia (+2.4 p.p.) and the Netherlands (+1.7 p.p.) significantly strengthened its position in terms of the global exports, while Italy saw its share reduced by -4.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest ironing machine supplying countries worldwide were China ($115M), Germany ($76M) and Italy ($63M), together accounting for 54% of global exports. The Netherlands, Turkey, the UK, Hungary and Tunisia lagged somewhat behind, together comprising a further 12%.
Hungary, with a CAGR of +47.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average ironing machine export price stood at $361 per unit in 2022, with a decrease of -8.5% against the previous year. In general, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 an increase of 10% against the previous year. Over the period under review, the average export prices reached the peak figure at $552 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,368 per unit), while Tunisia ($4.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.2%), while the other global leaders experienced mixed trends in the export price figures.
This report provides an in-depth analysis of the global ironing machine market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28942130 - Ironing machines and presses (including fusing presses, e xcluding calendering machines)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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