Product Code: ETC287189 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines clothes iron market is estimated to be worth around US$ 102.2 million in 2025, and is expected to expand at a compound annual growth rate (CAGR) of 5.9% during the forecast period. The market is driven by the increasing demand for convenience and comfort among consumers as well as urbanization and advancements in technology that have increased the availability of modern irons. In addition, rising disposable incomes, coupled with promotional activities undertaken by leading manufacturers are further driving growth in the market.
The Philippines clothes iron market is experiencing steady growth driven by several key factors. Firstly, the increasing urbanization and rising disposable incomes have led to a higher demand for household appliances, including clothes irons. As more people move into urban areas and engage in professional work, the need for well-ironed clothing has intensified. Furthermore, advancements in technology have led to the development of innovative features in clothes irons, such as steam functionality and energy-efficient models. Consumers are becoming more conscious of these features, thereby boosting the demand for modern and efficient clothes irons. Additionally, the growth of e-commerce and online retail platforms has made it easier for consumers to access a wide range of clothes iron options, further contributing to market expansion.
The Philippines clothes iron market has witnessed steady growth in recent years. With an increasing focus on personal grooming and appearance, demand for efficient and innovative clothes ironing solutions has risen. However, the market is not without its challenges. The country`s inconsistent power supply and voltage fluctuations can impact the performance of electric irons. Additionally, the presence of low-cost alternatives from local manufacturers and imports can create stiff competition for established brands.
The Philippines Clothes Iron Market faced disruptions in the supply chain due to restrictions on manufacturing and distribution during lockdowns. However, as people spent more time at home, there was a surge in demand for home appliances, including clothes irons, as remote work and virtual events increased the need for presentable attire.
The Philippines clothes iron market has experienced steady growth over the past few years due to increasing urbanization and changing consumer lifestyles. Key players in this market include well-known brands such as Philips, Panasonic, Electrolux, and Tefal. These companies have established a strong presence in the country by offering a range of innovative and energy-efficient clothes iron models. With a focus on features like steam technology, self-cleaning mechanisms, and safety features, these key players continue to dominate the market and cater to the diverse needs of Filipino consumers.
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 Philippines Clothes Iron Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Clothes Iron Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Clothes Iron Market - Industry Life Cycle |
3.4 Philippines Clothes Iron Market - Porter's Five Forces |
3.5 Philippines Clothes Iron Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Clothes Iron Market Revenues & Volume Share, By Price Point, 2021 & 2031F |
3.7 Philippines Clothes Iron Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Clothes Iron Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Clothes Iron Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in the Philippines leading to higher purchasing power for consumer goods such as clothes irons. |
4.2.2 Growing urbanization and the rising trend of dual-income households increasing the demand for convenient and time-saving appliances like clothes irons. |
4.2.3 Focus on energy-efficient and eco-friendly appliances driving the adoption of modern clothes irons in the Philippines. |
4.3 Market Restraints |
4.3.1 Competition from alternative solutions like garment steamers impacting the demand for traditional clothes irons. |
4.3.2 High import tariffs and taxes on electronic appliances affecting the affordability of clothes irons for consumers in the Philippines. |
4.3.3 Limited awareness and education about the benefits of using advanced clothes iron technologies hindering market growth. |
5 Philippines Clothes Iron Market Trends |
6 Philippines Clothes Iron Market, By Types |
6.1 Philippines Clothes Iron Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Clothes Iron Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Clothes Iron Market Revenues & Volume, By Normal Type, 2021-2031F |
6.1.4 Philippines Clothes Iron Market Revenues & Volume, By Thermostat Type, 2021-2031F |
6.1.5 Philippines Clothes Iron Market Revenues & Volume, By Steam Type, 2021-2031F |
6.1.6 Philippines Clothes Iron Market Revenues & Volume, By Other, 2021-2031F |
6.2 Philippines Clothes Iron Market, By Price Point |
6.2.1 Overview and Analysis |
6.2.2 Philippines Clothes Iron Market Revenues & Volume, By Premium, 2021-2031F |
6.2.3 Philippines Clothes Iron Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Philippines Clothes Iron Market Revenues & Volume, By Economy, 2021-2031F |
6.3 Philippines Clothes Iron Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Clothes Iron Market Revenues & Volume, By Household, 2021-2031F |
6.3.3 Philippines Clothes Iron Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Philippines Clothes Iron Market Revenues & Volume, By Other, 2021-2031F |
6.4 Philippines Clothes Iron Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Clothes Iron Market Revenues & Volume, By B2b, 2021-2031F |
6.4.3 Philippines Clothes Iron Market Revenues & Volume, By B2C, 2021-2031F |
6.4.4 Philippines Clothes Iron Market Revenues & Volume, By Online, 2021-2031F |
7 Philippines Clothes Iron Market Import-Export Trade Statistics |
7.1 Philippines Clothes Iron Market Export to Major Countries |
7.2 Philippines Clothes Iron Market Imports from Major Countries |
8 Philippines Clothes Iron Market Key Performance Indicators |
8.1 Average selling price (ASP) of clothes irons in the Philippines market. |
8.2 Adoption rate of energy-efficient clothes irons among consumers. |
8.3 Customer satisfaction scores related to the performance and durability of clothes irons in the market. |
8.4 Number of new product launches and innovations in the clothes iron segment in the Philippines. |
8.5 Percentage of households owning more than one clothes iron as a measure of market penetration and potential for repeat purchases. |
9 Philippines Clothes Iron Market - Opportunity Assessment |
9.1 Philippines Clothes Iron Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Clothes Iron Market Opportunity Assessment, By Price Point, 2021 & 2031F |
9.3 Philippines Clothes Iron Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Clothes Iron Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Clothes Iron Market - Competitive Landscape |
10.1 Philippines Clothes Iron Market Revenue Share, By Companies, 2024 |
10.2 Philippines Clothes Iron Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |