Irons - United States

  • United States
  • In 2024, the revenue in the Irons market in the United States is estimated to reach US$0.91bn.
  • It is projected that the market will experience an annual growth rate of 4.13% (CAGR 2024-2028).
  • When compared globally, the highest revenue is generated in China, with an estimated amount of US$2,139m in 2024.
  • Taking into account the total number of households, it is anticipated that each household will generate revenues of US$6.78 in 2024.
  • By 2028, the volume in the Irons market is expected to reach 14.1m pieces.
  • However, in 2025, the segment is projected to show a volume decline of 0.3%.
  • The average volume per household in the Irons market is forecasted to be 0.10pieces in 2024.
  • The United States is experiencing a growing trend in the iron market, with an increasing demand for energy-efficient and smart ironing appliances.

Key regions: Japan, Canada, Worldwide, United Kingdom, United States

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Key Players
  • Sales Channels
  • Volume
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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