The global demand for General Hanger Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Units in 2019 and foreseen to touch XX Units by 2026 with a CAGR of XX% during 2020-2026.
A general hanger is a shoulder-like shaped device used to hang clothes to keep them wrinkle-free. It can be used to hang a coat, jacket, sweater, shirt, blouse, or dress. Hangers can range from simple wire or metal types to classy and cozy-looking ones. The chosen material, design, and weight of the hanger depend on the cloth being hung. Hangers padded with fine materials, and caped hangers are used for specific purposes. Choosing the right hanger to hang clothes neatly can give a highly aesthetic look to the wardrobe and enable quick access. Sometimes, hangers are used as holders of various types in many do-it-yourself and children projects.
Busy lifestyles and the need to quickly browse through a closet to choose the right apparel set will be the key driving force behind this market growth. The demand for hangers is on the rise since they can help keep expensive garments safely off the floor without causing damage or changing its original shape, hence getting more wear out of it. The growing interest shown in the home organization and the maintenance of an aesthetically pleasing wardrobe will boost this market growth. Rapid urbanization and the rising use of laundry services among the working class will be a market booster. The various concerns impacting this market are improper use/choice of the hangers can cause creases, discoloration, or even holes in garments.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of general hanger.
The entire general hanger market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Metal Hanger
- Wooden Hanger
- Plastic Hangers
- Personal Use
- Commercial Use
This section covers regional segmentation which accentuates on current and future demand for general hanger market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe General Hanger Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the general hanger market include Bend and Hook, Henry Hanger, Hangers.com, NAHANCO, Hangers Direct, MandB, Shenzhen Yuntong Garment Accessory, Guilin Silk Road Limited, Mixwell, Mao's Clothes-Hangers. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.