- A steam generator is a type of low water-content boiler, just like a flash steam boiler. It has a unit containing a water reservoir, pump, and boiler that connects to a lightweight iron through a length of rubber hosing. This mechanism allows steam generators to create more volumes of constant high-pressure steam and in most cases, tremendously powerful steam boosts for heavy creases and tricky fabrics.
- A steam generator iron is a form of iron that has a water tank in it which generates steam because of water boiling technology. Users only need to press the steam button and the iron lets out high-level of steam to iron the cloth effectively.
- Moreover, users can eliminate the use of a water spray bottle by using steam generator irons. These irons are thus easier and faster to use for ironing clothes. Steam generator irons inject steam via the fabric throughout the ironing process. This makes it more adaptable and enables the easy removal of creases and wrinkles from clothes.
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Key Drivers of the Global Steam Generator Irons Market
- Rise in disposable income is anticipated to boost the demand for advanced domestic electrical appliances, which includes steam generator iron.
- Electric iron has become a necessary appliance in every household as electricity reaches all areas and villages even in emerging countries across the globe.
Counterfeit Options to Hamper the Market
- Rise in counterfeit products, increasing concerns about risk of fire, serious electric shock or even electrocution are projected to hinder the steam generator iron market across the globe during the forecast period.
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Market in Asia Pacific to Expand Rapidly
- In terms of geography, the global steam generator irons market can be divided into five regions North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
- North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the steam generator irons market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the steam generator irons market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America steam generator irons market is segmented into Brazil, and Rest of South America.
- Currently, Europe is the dominant region globally in the steam generator irons market as electric technology is very mature in the region. However, Asia Pacific is expected to witness noticeable growth in the steam generator irons market throughout the forecast period. Growth in population and rise in per capita income are majorly boosting the usage of electronic appliances in the APAC region. The market is primarily driven by rising investments in new electricity infrastructure which provides electricity access to remote areas. A rise in GDP in India and China are also expected to boost the demand for steam generator irons during the forecast years.
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Key Players Operating in the Global Market
Key players operating in the domestic electric appliances market are estimated to witness rising demand for steam generator irons during the forecast period, owing to the launch of latest steam generator irons that are expected to prompt customers to spend more. Manufacturers are focused on the main strategies of acquisitions, expansions, and collaborations with startup companies to gain significant share of the market. Additionally, manufacturers emphasize on driving consumer engagement by investing in products, advanced technology, marketing, and in-store and online experiences.
A few of the key players operating in the global steam generator irons market are:
- BSH Home Appliances Ltd.
- Cuori Electrical Appliances(Group) Company Limited
- De’Longhi Appliances S.r.l.
- Group SEB
- Jarden Consumer Solutions (Europe) Ltd. (Breville)
- Klarstein
- Koninklijke Philips N.V.
- Morphy Richards
