Global Clothes Hanger Market Revenue Projected Around USD 34.00 Billion By 2026

19-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Clothes Hanger Market By Type (Wire hanger, Wooden hanger, and Plastic hanger) and By Application (Household, and Commercial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global clothes hanger market in 2019 was approximately USD 27.00 Billion. The market is expected to grow at a CAGR of 4% and is anticipated to reach around USD 34.00 Billion by 2026.

Clothes Hanger Market

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Clothes hangers are to hang human clothes. This includes a jacket, coat, shirt, sweater, dress or blouse to prevent wrinkles through a lower bar for the hanging of skirts or trousers. Clamp for the hanging of trousers, kilts, or skirts. Equally, they can be together in a single hanger. The clothing hangers are firstly designed to consent, people, fast access toward clothing as well as term an in their home, area, to keep their clothing in. It is also used to retain clothing dry or without a fold.  Hangers can be remaining made in plastic, wood, wire, rarely from a rubber element and other materials. Some are expanded with fine materials, such as satin, fancy dresses, expensive clothes, and lingerie. The plush, soft packing is envisioned to protect garments since shoulder dents that wire hangers may make.

Browse the full “Clothes Hanger Market By Type (Wire hanger, Wooden hanger, and Plastic hanger) and By Application (Household, and Commercial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/clothes-hanger-market-by-type-wire-hanger-wooden-835

Diversion towards luxury lifestyle, consumption levels, and habits has driven the target market growth. Also, this product holds a few friendly qualities of workable space, efficient drying of clothes and low-cost electricity bills. This has grown the target market. Moreover, every individual manufacture has its own mature sales networks in the market. Manufacturers keep an eye on increasing their Intelligence clothes hangers sales via retailers, resell, and authorized distributors and partners. This has propelled the target market. Target market key players' investments have also boosted the market.

In terms of region, the target market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Out of these, Asia Pacific is expected to dominate the target market as individuals in the region mostly prefer clothes hanger to hang their clothes.

In terms of type, the target market is segmented as a wire hanger, wooden hangers, plastic hangers, and many more. Out of these, plastic hangers are expected to lead the type segment as these hangers are generally used and purchased mostly. Plastic hangers are maximally available in black, white, and clear plastic. The quality ranges from lightweight to great heavyweight strong hangers. Of sequence the heavyweight the plastic, the advanced the cost. Plastic hangers work glowing a general hanger and are usually used for shirts, dresses, and blouses. Skirt hangers must have rubber-coated pins to escape dimpling the material.

In terms of application, the target market is segmented as household and commercial. Out of these, Households may lead the application segment. Most of the hangers are used for household purposes. The clothing hanger is initially designed to agree on people fast access to their clothing, in addition, to designate apart, in their home, to retain their clothing in.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 27.00 Billion

Projected Market Size in 2026

USD 34.00 Billion

CAGR Growth Rate

4% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Mainetti, MAWA, Whitmor, Guilin Iango Home Collection Co., Ltd., M & B Hangers, and Others

Key Segment

By Type, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Some of the leading players in the global market include

Mainetti, MAWA, Whitmor, Guilin Iango Home Collection Co., Ltd., M & B Hangers, and others.

This report segments the clothes hanger market as follows:

By Type Segmentation Analysis

  • Wire hanger
  • Wooden hanger
  • Plastic hanger

By Application Segmentation Analysis

  • Household
  • Commercial

By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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