About Portable Hanger
Portable hanger market is expected to grow in the future due to changing lifestyles and adoption of portable things due to travelling and place concern. Availability of electric clothes hanger is also booming in the hanger market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Portable Hanger market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Taizhou Hongerk Hanger Manufacture Co., Ltd (China), IPOW (China), Jinjiang Jiaxing Home Co., Ltd. (China), Star Hangar (United States), purStream (United States), Jiffy Steamer (United States), Mixen (Australia), Jukkre (India), Azod (United States) and Wistrunk (Taiwan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kiwii (United States), Umate (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Portable Hanger market by , Application (Household and Commercial) and Region.
On the basis of geography, the market of Portable Hanger has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Portable Hanger market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materiel, the sub-segment i.e. Metal will boost the Portable Hanger market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Electric Clothes Hanger
Market Growth Drivers:
Changing lifestyles and rising disposable income is driving the portable hanger market. The consumer is more aware of it as it is portable and easy to carry in travelling time. Along with this there are various design and materials type are available, which is attracting the buyers in huge amount.
Challenges:
Lack of Awareness in Underdeveloped Countries
Restraints:
Availability of Substitutes
Opportunities:
Rising Demand in Developing Countries and Advancement in Portable Handle
Market Leaders and their expansionary development strategies
In January 2024, Hanger, Inc., a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, announced it has entered into an agreement to acquire Fillauer, a global leader in O&P manufacturing and innovation.
In March 2021, Holzweiler has launched its new “Hanger by Holzweiler” line, which will embody a “genderless and sustainable youth-culture focus.” The line’s name, and logo, comes from Holzweiler’s signature hanger logo, which has featured throughout the brand’s collections.
Key Target Audience
Portable Hanger Manufacturers, Portable Hanger Suppliers, Distributors, Raw Material suppliers and Potential Investors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.