In 2023, Germany's import of electric smoothing irons stood at a significant volume, forming the baseline for the forecast. From 2024 to 2028, the projected import volume displays a declining trend, starting from 11.256 million kilograms in 2024 and steadily decreasing to 10.514 million kilograms by 2028. The yearly decline in import volumes represents a slight yet consistent contraction in demand, reflecting a compound annual growth rate (CAGR) decrease across this five-year period.
Future trends to watch for include:
- The impact of evolving consumer preferences toward energy-efficient devices.
- Technological advancements that may influence product obsolescence or new model attractions.
- The role of domestic production and competition affecting import volumes.
- Potential regulatory changes related to energy consumption and environmental standards.
