Market Forecast By Material (Steel, Plastic, Aluminum), By Applications (Household, Laundries, Hotels, Clothing Industries), By Types (Portable Ironing Boards, Table Top Ironing Boards, Wall Mounted Ironing Boards), By Sales Channel (Wholesalers/distributors, Direct Sales, Online Retailers, Specialty Stores, Individual Stores, Other Sales Channel) And Competitive Landscape
Product Code: ETC430468 | Publication Date: Oct 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Bangladesh Ironing Boards Market is expected to grow during the forecast period. Ironing boards are used to press clothes and remove wrinkles or creases from them. They usually have a padded surface on top of which cloth is placed and then pressed with an iron. There are different types of ironing boards available in the market, such as electric ironing boards, steam ironing boards, travel ironing boards, etc. The choice of ironing board depends on the user's needs and preferences. The country has been witnessing rapid economic growth in recent years due to strong government initiatives to promote economic development. This has resulted in increased purchasing power among consumers, which is anticipated to drive demand for home appliances such as ironing boards in Bangladesh over the forecast period.
The Asia-Pacific region is expected to be the largest market for ironing boards, followed by North America and Europe. Bangladesh is one of the emerging economies in the world and is expected to grow at a rapid pace in the coming years. The country has a large population and is one of the most densely populated countries in the world. The clothing industry is one of the major industries in Bangladesh and contributes significantly to the country's economy. The increasing population and rising disposable incomes are expected to drive the demand for ironing boards in Bangladesh
According to 6Wresearch, Bangladesh Ironing Boards Market is expected to grow during 2022-2028. The Asia-Pacific Ironing Boards Market is expected to grow during the forecast period. Also, the region is expected to lead the market with the highest growth rate during the forecast period. The Bangladesh Ironing Boards industry is anticipated the highest revenue in the coming years. The growth of the market is driven by factors such as increasing disposable income, changing lifestyle, and rapid urbanization. Additionally, growing online retail sales and rising penetration of e-commerce platforms are also contributing to the growth of the market.
In addition to this, the rising demand for laundry services and the growing awareness about the importance of ironed clothes are the key factors driving the growth of the Ironing Board Market in the country. The increasing popularity of online shopping among consumers is also fuelling the growth of the market. Moreover, the availability of a wide range of products at various price points is further boosting the market growth. However, the high cost of some premium products and the lack of awareness about newer product types are restraining the growth of the market.
The COVID-19 pandemic has severely affected Bangladesh Ironing Boards Market owing to the social distancing norms and stay-at home adherence during the pandemic. It has decreased the demand for Ironing Boards which directly influenced the market share. Due to lockdowns, work from home trend was increasing and gave opportunities to many individuals to earn while working at home. Apart from this, hotels and laundries has anticipated a great fall due to COVID-19 as people were avoided going outside in the fear of virus transmission. Consequently, it decreased the demand for Bangladesh Ironing Boards Market.
By Material, the market is segmented into steel, plastic, and aluminum.
By Applications, the market includes Household, Laundries, Hotels and Clothing Industries.
Based on Type, the Asia-Pacific Ironing Boards Market includes Portable, Table Top and Wall Mounted.
By Sales Channel, the market includes offline stores and online stores. Offline stores are further segmented into supermarkets/hypermarkets, department stores, specialty stores, and others. Online stores are further classified into e-commerce websites and others. Currently, online channels account for a major share of the total ironing board sales.
Some of the leading players in the Bangladesh Ironing Boards Market includes brabantia bv, leifheit ag & co. KGAA., Minky Homecare Products Limited., Reliable Corporation., Rowenta SASU., Shark Ninja Operating LLC., Tobi steamer Inc., Vileda GmbH & Co KG., and Zwilling J.A. Henckels AG & Co KGaA.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Ironing Boards Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Ironing Boards Market Revenues & Volume, 2021 & 2028F |
3.3 Bangladesh Ironing Boards Market - Industry Life Cycle |
3.4 Bangladesh Ironing Boards Market - Porter's Five Forces |
3.5 Bangladesh Ironing Boards Market Revenues & Volume Share, By Material, 2021 & 2028F |
3.6 Bangladesh Ironing Boards Market Revenues & Volume Share, By Applications, 2021 & 2028F |
3.7 Bangladesh Ironing Boards Market Revenues & Volume Share, By Types, 2021 & 2028F |
3.8 Bangladesh Ironing Boards Market Revenues & Volume Share, By Sales Channel, 2021 & 2028F |
4 Bangladesh Ironing Boards Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Ironing Boards Market Trends |
6 Bangladesh Ironing Boards Market, By Types |
6.1 Bangladesh Ironing Boards Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Ironing Boards Market Revenues & Volume, By Material, 2018 - 2028F |
6.1.3 Bangladesh Ironing Boards Market Revenues & Volume, By Steel, 2018 - 2028F |
6.1.4 Bangladesh Ironing Boards Market Revenues & Volume, By Plastic, 2018 - 2028F |
6.1.5 Bangladesh Ironing Boards Market Revenues & Volume, By Aluminum, 2018 - 2028F |
6.2 Bangladesh Ironing Boards Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Ironing Boards Market Revenues & Volume, By Household, 2018 - 2028F |
6.2.3 Bangladesh Ironing Boards Market Revenues & Volume, By Laundries, 2018 - 2028F |
6.2.4 Bangladesh Ironing Boards Market Revenues & Volume, By Hotels, 2018 - 2028F |
6.2.5 Bangladesh Ironing Boards Market Revenues & Volume, By Clothing Industries, 2018 - 2028F |
6.3 Bangladesh Ironing Boards Market, By Types |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Ironing Boards Market Revenues & Volume, By Portable Ironing Boards, 2018 - 2028F |
6.3.3 Bangladesh Ironing Boards Market Revenues & Volume, By Table Top Ironing Boards, 2018 - 2028F |
6.3.4 Bangladesh Ironing Boards Market Revenues & Volume, By Wall Mounted Ironing Boards, 2018 - 2028F |
6.4 Bangladesh Ironing Boards Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Ironing Boards Market Revenues & Volume, By Wholesalers/distributors, 2018 - 2028F |
6.4.3 Bangladesh Ironing Boards Market Revenues & Volume, By Direct Sales, 2018 - 2028F |
6.4.4 Bangladesh Ironing Boards Market Revenues & Volume, By Online Retailers, 2018 - 2028F |
6.4.5 Bangladesh Ironing Boards Market Revenues & Volume, By Specialty Stores, 2018 - 2028F |
6.4.6 Bangladesh Ironing Boards Market Revenues & Volume, By Individual Stores, 2018 - 2028F |
6.4.7 Bangladesh Ironing Boards Market Revenues & Volume, By Other Sales Channel, 2018 - 2028F |
7 Bangladesh Ironing Boards Market Import-Export Trade Statistics |
7.1 Bangladesh Ironing Boards Market Export to Major Countries |
7.2 Bangladesh Ironing Boards Market Imports from Major Countries |
8 Bangladesh Ironing Boards Market Key Performance Indicators |
9 Bangladesh Ironing Boards Market - Opportunity Assessment |
9.1 Bangladesh Ironing Boards Market Opportunity Assessment, By Material, 2021 & 2028F |
9.2 Bangladesh Ironing Boards Market Opportunity Assessment, By Applications, 2021 & 2028F |
9.3 Bangladesh Ironing Boards Market Opportunity Assessment, By Types, 2021 & 2028F |
9.4 Bangladesh Ironing Boards Market Opportunity Assessment, By Sales Channel, 2021 & 2028F |
10 Bangladesh Ironing Boards Market - Competitive Landscape |
10.1 Bangladesh Ironing Boards Market Revenue Share, By Companies, 2021 |
10.2 Bangladesh Ironing Boards Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |