Market Insights Consumer Household Appliances Small Appliances

Irons - Burkina Faso

Burkina Faso

The revenue generated in the Irons market in Burkina Faso amounts to US$16.03m in 2024.
It is projected that the market will experience an annual growth rate of 5.86% (CAGR 2024-2029).
When compared globally, in China generates the highest revenue in this segment, with a total of US$2,139m in 2024.
In terms of the total number of households, the per household revenue in Burkina Faso is US$3.90 in 2024.
Looking ahead, the volume in the Irons market is expected to reach 363.3k pieces by 2029.
Furthermore, there is an estimated volume growth of 3.3% in 2025.
On average, each household in Burkina Faso is expected to have a volume of 0.08pieces in the Irons market in 2024.
Burkina Faso is experiencing an increased demand for energy-efficient irons as consumers prioritize sustainability and cost savings.

Key regions: Worldwide, China, Indonesia, India, United States

Market

Region

Region comparison

Currency

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 Consumer Insights Global 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). Survey data is reweighted for representativeness.