Irons - Benin
Benin- In 2024, the Irons market in Benin recorded a revenue of US$8.75m.
- Looking ahead, the market is projected to grow at an annual rate of 6.03%, according to the Compound Annual Growth Rate (CAGR) for the period 2024-2029.
- On a global scale, China leads the way in terms of revenue generated in the Irons market, with a staggering US$2bn in 2024.
- When considering the total number of households, the per household revenue in the Irons market for 2024 reaches US$3.36.
- Moving towards the future, the volume of the Irons market is expected to reach 200.6k pieces units by 2029.
- Furthermore, a volume growth of 3.7% is anticipated in 2025.0.
- In terms of average volume per household in the Irons market, it is projected to be 0.06pieces units in 2024.
- Despite being a small market, Benin has seen a rise in demand for high-quality irons due to increased urbanization and modernization.
- Key regions:
- Worldwide,
- China,
- Indonesia,
- India,
- United States
Definition: The market for irons includes a variety of electric models designed for household use, such as steam irons, dry irons, and cordless irons. These devices are intended to facilitate the process of ironing clothes and other fabrics.
Additional information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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In-Scope
- Electric irons
Out-Of-Scope
- Non-electric irons
- Ironing boards
- Ironing systems
