Based on the forecast data, the UK import of ironing machines and presses, including fusing presses, stands at £193.14 thousand in 2024, with an anticipated annual increase to £198.89 thousand by 2028. Assuming a steady growth trend, the Compound Annual Growth Rate (CAGR) over this period is expected to be positive, indicating a persistent demand for these machines. Notably, this sector witnessed an import value of £190.73 thousand in 2023, pointing to gradual growth across subsequent years.
Future trends to watch for:
- Emerging smart technology integration in ironing machines.
- Increasing environmental regulations may drive demand for energy-efficient models.
- Potential influence of trade policies post-Brexit on import dynamics.
- Growth in fashion and textiles industry potentially spurring machine demand.