| Product Code: ETC319284 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India clothes hanger market import shipment exhibited a steady growth trend with a CAGR of 4.0 from 2020 to 2024. However, the growth rate slightly decreased between 2023 and 2024 by 2.4, indicating a possible stabilization in market expansion.
The India clothes hanger market is experiencing growth as the retail, apparel, and hospitality industries utilize these accessories for garment display and storage. This market`s outlook is driven by factors such as the increasing demand for clothes hangers in retail stores, fashion boutiques, and hotel rooms, the growth of the apparel and hospitality sectors, and the adoption of clothes hangers for their space-saving and organization properties. Additionally, the development of innovative and eco-friendly hanger designs and the rising focus on visual merchandising and customer experience are further contributing to market growth. The market overview indicates that the India clothes hanger market is expected to witness continuous demand in the forecast period.
The India clothes hanger market is experiencing growth as the retail, hospitality, and household sectors utilize these storage solutions for organizing and displaying garments. This market`s outlook is driven by factors such as the increasing demand for clothes hangers in retail stores, hotels, and homes, the growth of the organized retail and hospitality industries, and the adoption of hangers for their space-saving and garment care properties. Additionally, the development of innovative and eco-friendly hanger designs and the rising focus on organized living and interior decor are further contributing to market growth. The market is also benefiting from the growing preference for branded and designer hangers. However, the market faces challenges in terms of competition from alternative storage solutions and cost constraints.
The India clothes hanger market is experiencing growth as the retail and garment industries utilize these accessories for organizing and displaying clothing. This market`s outlook is driven by factors such as the increasing demand for clothes hangers in retail stores, fashion outlets, and households, the growth of the apparel and fashion retail sectors, and the adoption of clothes hangers for their functionality and space-saving properties. Additionally, the development of innovative hanger designs and the rising focus on sustainable and eco-friendly materials are further contributing to market growth. However, the market also faces challenges such as changes in consumer shopping behavior and the impact of the rise of e-commerce on brick-and-mortar retail.
The India clothes hanger market is experiencing growth as the textile and retail industries utilize hangers for displaying and organizing apparel. This market`s outlook is driven by factors such as the increasing demand for clothes hangers in retail stores, clothing boutiques, and households, the growth of the fashion and garment sectors, and the adoption of hangers for their space-saving and organizational benefits. Additionally, the development of eco-friendly and sustainable hanger materials and the rising focus on efficient and attractive merchandising solutions are further contributing to market growth. The COVID-19 pandemic had some impact on the clothes hanger market due to changes in consumer behavior and retail operations. However, with the recovery of the retail industry and increased demand for apparel display solutions, the market is expected to rebound in the post-pandemic period.
The India clothes hanger market is experiencing growth as the retail and hospitality industries utilize these products for clothing storage and display. This market`s outlook is driven by factors such as the increasing demand for clothes hangers in retail stores, hotels, and households, the growth of the retail and hospitality sectors, and the adoption of clothes hangers for their space-saving and organized storage solutions. Additionally, the development of innovative and sustainable clothes hanger designs and the rising focus on eco-friendly and recyclable materials are further contributing to market growth. Some of the key players in the India clothes hanger market include HangerTech Solutions, RetailGuard Hangers, and EcoHanger Innovations.
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 India Clothes Hanger Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Clothes Hanger Market Revenues & Volume, 2021 & 2031F |
3.3 India Clothes Hanger Market - Industry Life Cycle |
3.4 India Clothes Hanger Market - Porter's Five Forces |
3.5 India Clothes Hanger Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Clothes Hanger Market Revenues & Volume Share, By Applicationsis, 2021 & 2031F |
4 India Clothes Hanger Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing urbanization and increasing disposable income in India leading to higher demand for organized storage solutions. |
4.2.2 Rising awareness about sustainable and eco-friendly products driving the adoption of clothes hangers made from recyclable materials. |
4.2.3 Expansion of organized retail sector and increasing preference for branded apparel boosting the demand for premium quality clothes hangers. |
4.3 Market Restraints |
4.3.1 Competition from unorganized sector offering cheaper alternatives impacting the market growth. |
4.3.2 Fluctuating raw material prices affecting the production costs of clothes hangers. |
4.3.3 Limited awareness about the benefits of using specialized clothes hangers hindering market penetration. |
5 India Clothes Hanger Market Trends |
6 India Clothes Hanger Market, By Types |
6.1 India Clothes Hanger Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Clothes Hanger Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Clothes Hanger Market Revenues & Volume, By Wire hanger, 2021-2031F |
6.1.4 India Clothes Hanger Market Revenues & Volume, By Wooden hanger, 2021-2031F |
6.1.5 India Clothes Hanger Market Revenues & Volume, By Plastic hanger, 2021-2031F |
6.2 India Clothes Hanger Market, By Applicationsis |
6.2.1 Overview and Analysis |
6.2.2 India Clothes Hanger Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 India Clothes Hanger Market Revenues & Volume, By Commercial, 2021-2031F |
7 India Clothes Hanger Market Import-Export Trade Statistics |
7.1 India Clothes Hanger Market Export to Major Countries |
7.2 India Clothes Hanger Market Imports from Major Countries |
8 India Clothes Hanger Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly clothes hangers. |
8.2 Average selling price (ASP) of premium quality clothes hangers. |
8.3 Percentage of organized retail stores using branded clothes hangers. |
8.4 Customer satisfaction scores related to the durability and functionality of clothes hangers. |
8.5 Growth rate of online sales of clothes hangers. |
9 India Clothes Hanger Market - Opportunity Assessment |
9.1 India Clothes Hanger Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Clothes Hanger Market Opportunity Assessment, By Applicationsis, 2021 & 2031F |
10 India Clothes Hanger Market - Competitive Landscape |
10.1 India Clothes Hanger Market Revenue Share, By Companies, 2024 |
10.2 India Clothes Hanger Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |