Global Portable Underwear Sterilizer Market Size, Share, and COVID-19 Impact Analysis, By Product Type (UV Sterilizers, Chemical Sterilizers, and Steam Sterilizers), By Application (Commercial, Household, and Travel), By Distribution Channel (Supermarkets/Hypermarkets, Online Stores, Specialty Stores, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: Consumer GoodsGlobal Portable Underwear Sterilizer Market Insights Forecasts to 2033
- The Global Portable Underwear Sterilizer Market Size was estimated at USD 205.21 Million in 2023
- The Market Size is Expected to Grow at a CAGR of around 8.22% from 2023 to 2033
- The Worldwide Portable Underwear Sterilizer Market Size is Expected to Reach USD 452.23 Million by 2033
- Asia Pacific is Expected to Grow the fastest during the forecast period.
Get more details on this report -
The Global Portable Underwear Sterilizer Market Size is expected to cross USD 452.23 Million by 2033, Growing at a CAGR of 8.22% from 2023 to 2033. The market for portable underwear sterilizers market is driven by increasing awareness about personal hygiene.
Market Overview
The market for portable underwear sterilizers worldwide comprises products that use a variety of technologies, including ozone and UV radiation, to sanitize underwear. The growing awareness of personal hygiene and the need for portable, easy-to-use techniques for sterilizing personal apparel are primary key factors for propelling the market. The market is expanding because portable underwear sterilizers are becoming more and more popular as a result of growing awareness of personal hygiene brought on by the increase in bacterial and viral diseases. In addition, these devices provide a convenient approach to hygiene, especially for people who travel frequently or have limited access to facilities.
Also, the government taking initiatives such as in India Department of Science and Technology, scientists have developed a portable sterilization unit, and using new technologies, the Sterilization Unit (POSCU) can quickly and effectively sanitize other household goods and personal protective equipment (PPE). Additionally, the demand for sterilizing treatment has increased as a result of the post-pandemic spikes in healthcare awareness, as people want additional methods to prevent diseases.
Report Coverage
This research report categorizes the portable underwear sterilizer market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the excavator bucket market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the portable underwear sterilizer market.
Global Portable Underwear Sterilizer Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 205.21 Million |
Forecast Period: | 2023 – 2033 |
Forecast Period CAGR 2023 – 2033 : | 8.22% |
023 – 2033 Value Projection: | USD 452.23 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 245 |
Tables, Charts & Figures: | 135 |
Segments covered: | By Type, By Application, By Distribution Channel, By Regional Analysis and COVID-19 Impact Analysis. |
Companies covered:: | Samsung Electronics, Panasonic Corporation, Philips, Hitachi, Bosch, Siemens, Haier Group, Midea Group, Whirlpool Corporation, Toshiba, Sharp Corporation, Electrolux, Hisense, Gree Electric Appliances, Mitsubishi Electric, and Other Key Vendors. |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
Consumers in developing economies are capable of spending more on health and hygiene goods as their disposable income increases. Portable underwear sterilizers are becoming more and more popular as a result of increasing urbanization and increasing consumer expenses on personal care items. The combination of these factors has led to the strong expansion of the market, which is estimated to continue for the estimated period period. Furthermore, manufacturers are rapidly implementing cutting-edge features including portability, ease of use, and rapid sterilization cycles. These developments are propelling market expansion by increasing the products' appeal to a wider range of consumers. In addition, technological developments in sterilization technologies, such as steam, UV-C light, and chemical sterilization have improved the efficiency of portable underwear sterilizers. Also, the introduction of new technologies is often accompanied by improved consumer experiences, more productivity, and better products, which drive demand and market growth.
Restraining Factors
A few restricting factors also affect the industry. Price-conscious customers can be closed by the comparatively expensive price of portable underwear sterilizers rather than more traditional laundry techniques. Market expansion may also be affected by concerns about the efficacy and safety of specific sterilization techniques, such as chemical sterilizers. In addition, the availability of fake products on the market can damage customer trust and an impact on sales. To maintain steady market growth, manufacturers must address these issues by emphasizing price, safety, and consumer education.
Market Segmentation
The portable underwear sterilizer market share is classified into product type, application, and distribution channel.
- The UV sterilizers segment held the largest share in 2023 and is estimated to grow at a CAGR of 7.54% throughout the projection period.
Based on the product type, the global portable underwear sterilizer market is categorized into UV sterilizers, chemical sterilizers, and steam sterilizers. Among these, the UV sterilizers segment held the largest share in 2023 and is estimated to grow at a CAGR of 7.54% throughout the projection period. UV sterilization technology breaks the DNA of bacteria, viruses, and fungi using UV-C radiation. This approach is very attractive to customers because it is efficient, quick, and chemical-free. UV sterilizers are a popular choice due to their ease, especially for individuals who move continuously. In addition, the market for UV sterilizers has increased considerably as a result of increased knowledge of the negative consequences of chemical-based sterilizers.
- The household segment accounted for the largest market share in 2023 and is expected to grow at a CAGR of 8.15% throughout the projection period.
Based on the application, the global portable underwear sterilizer market is classified into commercial, household, and travel. Among these, the household segment accounted for the largest market share in 2023 and is expected to grow at a CAGR of 8.15% throughout the projection period. The demand in this market has been greatly increased by the growing awareness of the significance of maintaining hygiene, particularly in intimate apparel. This segment is expanded due to personal hygiene is becoming more important to people, and these devices offer a convenient solution for daily use. The market for portable underwear sterilizers is greatly expanding as a result of the need for households for simple and efficient sterilizing options.
- The online stores segment held a significant market share in 2023 and is anticipated to grow at the fastest CAGR during the forecast period.
Based on the distribution channel, the global portable underwear sterilizer market is divided into supermarkets/hypermarkets, online stores, specialty stores, and others. Among these, the online stores segment held a significant market share in 2023 and is anticipated to grow at the fastest CAGR during the forecast period. This segment is expanding due to the convenience of online shopping and the large selection of products offered, e-commerce platforms have grown in popularity among consumers, contributing to the reason this market is growing. Additionally, online stores have a sizable consumer base since they provide user reviews, product details, and competitive prices. The segment is expanded owing to growing sales and reaching a wider audience, manufacturers and retailers are putting an increasing focus on their online presence.
Regional Segment Analysis of the Portable Underwear Sterilizer Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the portable underwear sterilizer market over the predicted timeframe.
Get more details on this report -
North America is anticipated to hold the largest share of the portable underwear sterilizer market over the predicted timeframe. The region's market is expanded with a greater incidence of product adoption and heightened awareness of personal hygiene. The United States and Canada are the largest contributors to this market, driven due to the focus on hygiene and health. Developments in the US can have a big impact on the portable underwear sterilizer market. considerable growth in North America, fueled by the hegemony of important industry players and the regional adoption of cutting-edge technologies. Additionally, the region’s market expansion due to the contribution of advanced products and the presence of major market players.
Asia Pacific is expected to grow at the fastest CAGR growth of the portable underwear sterilizer market during the forecast period. The region’s market expansion is driven by rising levels of disposable income and a sizable demographic base. Consumer spending on personal care and hygiene items is rising significantly in nations such as China, India, and Japan. In this area, the burgeoning middle class and increased awareness of personal cleanliness are fueling the use of portable underwear sterilizers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the portable underwear sterilizer market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Samsung Electronics
- Panasonic Corporation
- Philips
- Hitachi
- Bosch
- Siemens
- Haier Group
- Midea Group
- Whirlpool Corporation
- Toshiba
- Sharp Corporation
- Electrolux
- Hisense
- Gree Electric Appliances
- Mitsubishi Electric
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the portable underwear sterilizer market based on the below-mentioned segments:
Global Portable Underwear Sterilizer Market, By Product Type
- UV Sterilizers
- Chemical Sterilizers
- Steam Sterilizers
Global Portable Underwear Sterilizer Market, By Application
- Commercial
- Household
- Travel
Global Portable Underwear Sterilizer Market, By Distribution Channel
- Supermarkets/Hypermarkets
- Online Stores
- Specialty Stores
- Others
Global Portable Underwear Sterilizer Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
-
1. What is the CAGR of the portable underwear sterilizer market over the forecast period?The portable underwear sterilizer market is projected to expand at a CAGR of 8.22% during the forecast period.
-
2. What is the market size of the portable underwear sterilizer market?The Global Portable Underwear Sterilizer Market Size is Expected to Grow from USD 205.21 Million in 2023 to USD 452.23 Million by 2033, at a CAGR of 8.22% during the forecast period 2023-2033.
-
3. Which region holds the largest share of the portable underwear sterilizer market?North America is anticipated to hold the largest share of the portable underwear sterilizer market over the predicted timeframe.
Need help to buy this report?