Irons - Panama
Panama- In 2024, the revenue generated in the Irons market in Panama amounts to US$4.48m.
- It is projected that this market will experience an annual growth rate of 4.67% (CAGR 2024-2029).
- When compared to other countries, China generates the highest revenue in the Irons market, with a total of US$2bn in 2024.
- In terms of household income, each household in Panama is estimated to generate US$4.50 in revenue in 2024.
- Looking ahead to 2029, it is expected that the volume of the Irons market will reach 141.3k pieces.
- Additionally, there is an anticipated volume growth of 2.9% in 2025.0.
- On average, each household in Panama is projected to have a volume of 0.12pieces in the Irons market in 2024.
- Panama's market for irons is experiencing a surge in demand due to the country's growing tourism industry and the need for quality hotel amenities.
- 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.
For more information on the displayed data, please use the info button right next to the boxes.
In-Scope
- Electric irons
Out-Of-Scope
- Non-electric irons
- Ironing boards
- Ironing systems
