As per the latest findings, global hanger market revenue is expected to reach USD 2,281.5 million by the end of 2025. Hangers are an essential domestic commodity permeating almost every section of society, leading to a robust and growing market. In the long term, this market will reach around USD 4,124.5 million in 2035.
Hangers are essentially designed after human shoulders and meant to keep clothes so that the onset of creases is prevented; they also allow easy access. Various types of hangers are available in the market, such as regular clothes hangers, clip hangers with single or multiple clamps, foldable hangers, and stacking hangers.
They may come in various sizes to accommodate children’s clothing and may also be explicitly designed for skirts and trousers. Often, designer wall hooks are also classified as hangers. The broad portfolio of hangers substantially caters to the increasingly diverse needs of consumers. On the back of these factors, the market is anticipated to witness a significant growth rate over the forecast period.
Attribute | Details |
---|---|
Current Hanger Market Size (2024A) | USD 2,144.2 Million |
Estimated Hanger Market Size (2025E) | ~USD 2,281.5 Million |
Projected Hanger Market Size (2035F) | ~USD 4,124.5 Million |
Value CAGR (2025 to 2035) | ~6.1% |
Hanger Market Top Players Share in 2024 | ~10% to 15% |
From 2020 to 2024, sales witnessed significant growth, registering a CAGR of 3.8%. Hangers, also called clothes hangers or coat hangers, can be made from various materials such as plastic, steel (sometimes referred to as wire hangers), and wood; they are often made with a combination of these materials.
Certain hangers also have padding made of other materials like satin, nylon, wool, velvet, or cotton to give them a more luxurious feel. Hangers are mainly used in homes and are classified under the residential or domestic segment. They are also used commercially by the retail sector in clothes shops and by the hospitality sector in hotels, hostels, and dormitories.
As a result, the global demand for hangers is projected to increase at a CAGR of 6.1% during the forecast period between 2025 and 2035, reaching a total of USD 4,124.5 million in 2035.
Urbanization and the Growing Fashion Industry Are Driving the Expansion
People are purchasing more garments due to the rise of quick fashion and online shopping. The need for hangers grows along with the number of individuals purchasing clothing.
In addition, as more people move into cities, hangers and other space-saving devices are in greater demand. People are searching for more effective ways to organize their clothing as living spaces get smaller, and hangers offer a quick and easy fix which is leading to a surge in the sales of the target product.
The demand for hangers in the hospitality sector is rising as more people travel and stay in hotels. Hotels and other lodging establishments require a consistent supply of hangers for their visitors, which has opened up a new market for hanger producers and in turn is leading to increased revenue generation for these producers.
Increasing Environmental Consciousness is Contributing to the Increased Demand
Customers are seeking sustainable solutions like eco-friendly hangers as they become more conscious of how their purchases affect the environment. Due to this, the market for hangers made of recyclable materials or biodegradable plastics is expanding.
Moreover, hanger producers are continually developing fresh, cutting-edge designs that provide more utility and convenience. For instance, hangers that can hold many items, hangers with built-in accessory hooks, and hangers made expressly for a particular type of clothes are gaining significant traction subsequently contributing to the growth of the industry.
Competition from Alternative Storage Solutions Is Hampering the Growth of the Market
Although using hangers is a common method of storing clothing, there are other options, including shelving, drawers, and storage boxes. As a result, these storage choices are a threat to hanger producers as the increase in the use of these products hampers the target market expansion.
Furthermore, even while environmentally friendly hangers are becoming more and more popular, the hangers sector as a whole continues to produce a sizable amount of plastic waste. Those who are particularly concerned about the environment avoid using hangers altogether or choose more ecologically friendly storage options which in turn hampers the growth of the market.
Unstable Market Conditions Likely to Affect the Demand for Hangers
Plastic, wood, and metal are just a few of the materials that are used to make hangers. The cost of producing hangers and the pricing at which they are sold may change depending on the supply and demand of these raw materials.
Furthermore, the demand for hangers is frequently cyclical, reaching its apex during the back-to-school and holiday shopping seasons. Manufacturers of hangers may find it challenging to maintain sales and profitability during a market stagnancy period.
In addition, the hangers sector is governed by several laws and standards regarding labelling, product safety, and environmental effects. Manufacturers may find it expensive and time-consuming to comply with these laws, which may hurt their ability to compete.
Residential Sector to Favor the Sales in the Country
The USA market is expected to accumulate a market share of close to 18% in 2025. On a geographic basis, the USA is anticipated to be the largest hangers market due to profound interest from the commercial sector. Continued sales in the residential segment are likely to help manufacturers gain a competitive edge over others due to hangers being a basic necessity in the region.
Further, the presence of top manufacturers and brands in the country is another factor leading to increased product adoption and growing sales. Besides, the brands in the region are focused on developing innovative solutions in the target market leading to the grasping of a new and enthusiastic consumer base that is interested in the unique products.
Digital Technologies to Reaffirm Growth in Germany
Germany is expected to accumulate a market share value of 5-6% in 2025 in the global market. The country also offers potential growth opportunities in the market due to the rise in the retail and hospitality sectors. The innovation of smart and multi-functional hangers is also expected to drive the growth of the market. In addition, growth in the commercial segment and easy availability of the product will create ample opportunities for the producers.
A Large Portion of Consumer Base Prefer Hardwood, Metal, and Plastic Hangers
According to market trends, hardwood hangers, metal hangers, and plastic hangers are in order of popularity. Although there are other hanger types like velvet, cushioned, and wire hangers, they are less common than the three main varieties.
Due to their accessibility, dependability, and lightweight construction, which makes them simple to handle and store, plastic hangers are widely used. They come in a range of colours and designs and are frequently used for storing ordinary clothing.
Because of its attractive appearance and strength, wooden hangers are preferred by high-end and luxury retailers. They are frequently used to show off expensive attire, like suits, jackets, and gowns. Furthermore, eco-friendly, wooden hangers appeal to customers that place a high value on sustainability.
In addition, metal hangers are well-liked for their robustness and endurance. Because of their durability and long-lasting design, they are frequently used for heavy apparel, such as coats and suits, and are well-liked in the hospitality sector.
Physical Stores Dominate the Target Market
As customers can see and touch the products before making a purchase, traditional retail establishments including department stores, home goods stores, and specialized retailers are still preferred channels to buy hangers.
Because of their ease and extensive product range, online marketplaces like Amazon and Alibaba are becoming more and more popular for buying hangers. Many brands and manufacturers have their own websites where customers may make purchases straight from them. This allows customers to learn more about the firm and its products, and it may also be a convenient way to buy authentic and reliable products.
Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base. Some of the prominent players in the market include M & B Hangers, Weatherford, Guilin Iango Home Collection, Whitmor, MAWA, and Mainetti among others.
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Attribute | Details |
---|---|
Forecast Period | 2025 to 2035 |
Historical Data Available for | 2020 to 2024 |
Market Analysis | USD Million for Value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends, Pricing Analysis |
Key Segments Covered | Type, Application, Sales Channel, Region |
Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; MEA |
Key Companies Profiled | M & B Hangers; Guilin Iango Home Collection; Whitmor; MAWA and Mainetti; Bend and Hook; Henry Hanger; Hangers Direct; Others (as per request) |
Customization & Pricing | Available upon Request |
Pricing and Purchase Options | Avail Customized Purchase Options to Meet Your Exact Research Needs |
Table 01: Global Hangers Market Value (US$ Mn) Forecast by Region, 2016-2032
Table 02: Global Hangers Market Volume (Units) Forecast by Region, 2016-2032
Table 03: Global Hangers Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 04: Global Hangers Market Volume (Units) Forecast by Type, 2016-2032
Table 05: Global Hangers Market Value (US$ Mn) Forecast by Application, 2016-2032
Table 06: Global Hangers Market Volume (Units) Forecast by Application, 2016-2032
Table 07: North America Hangers Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 08: North America Hangers Market Volume (Units) Forecast by Country, 2016-2032
Table 09: North America Hangers Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 10: North America Hangers Market Volume (Units) Forecast by Type, 2016-2032
Table 11: North America Hangers Market Value (US$ Mn) Forecast by Application, 2016-2032
Table 12: North America Hangers Market Volume (Units) Forecast by Application, 2016-2032
Table 13: Latin America Hangers Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 14: Latin America Hangers Market Volume (Units) Forecast by Country, 2016-2032
Table 15: Latin America Hangers Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 16: Latin America Hangers Market Volume (Units) Forecast by Type, 2016-2032
Table 17: Latin America Hangers Market Value (US$ Mn) Forecast by Application, 2016-2032
Table 18: Latin America Hangers Market Volume (Units) Forecast by Application, 2016-2032
Table 19: Europe Hangers Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 20: Europe Hangers Market Volume (Units) Forecast by Country, 2016-2032
Table 21: Europe Hangers Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 22: Europe Hangers Market Volume (Units) Forecast by Type, 2016-2032
Table 23: Europe Hangers Market Value (US$ Mn) Forecast by Application, 2016-2032
Table 24: Europe Hangers Market Volume (Units) Forecast by Application, 2016-2032
Table 25: Asia Pacific Hangers Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 26: Asia Pacific Hangers Market Volume (Units) Forecast by Country, 2016-2032
Table 27: Asia Pacific Hangers Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 28: Asia Pacific Hangers Market Volume (Units) Forecast by Type, 2016-2032
Table 29: Asia Pacific Hangers Market Value (US$ Mn) Forecast by Application, 2016-2032
Table 30: Asia Pacific Hangers Market Volume (Units) Forecast by Application, 2016-2032
Table 31: MEA Hangers Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 32: MEA Hangers Market Volume (Units) Forecast by Country, 2016-2032
Table 33: MEA Hangers Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 34: MEA Hangers Market Volume (Units) Forecast by Type, 2016-2032
Table 35: MEA Hangers Market Value (US$ Mn) Forecast by Application, 2016-2032
Table 36: MEA Hangers Market Volume (Units) Forecast by Application, 2016-2032
Figure 01: Global Hangers Market Value (US$ Mn) by Type, 2022-2032
Figure 02: Global Hangers Market Value (US$ Mn) by Application, 2022-2032
Figure 03: Global Hangers Market Value (US$ Mn) by Region, 2022-2032
Figure 04: Global Hangers Market Value (US$ Mn) Analysis by Region, 2016-2032
Figure 05: Global Hangers Market Volume (Units) Analysis by Region, 2016-2032
Figure 06: Global Hangers Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 07: Global Hangers Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 08: Global Hangers Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 09: Global Hangers Market Volume (Units) Analysis by Type, 2016-2032
Figure 10: Global Hangers Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 11: Global Hangers Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 12: Global Hangers Market Value (US$ Mn) Analysis by Application, 2016-2032
Figure 13: Global Hangers Market Volume (Units) Analysis by Application, 2016-2032
Figure 14: Global Hangers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 15: Global Hangers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 16: Global Hangers Market Attractiveness by Type, 2022-2032
Figure 17: Global Hangers Market Attractiveness by Application, 2022-2032
Figure 18: Global Hangers Market Attractiveness by Region, 2022-2032
Figure 19: North America Hangers Market Value (US$ Mn) by Type, 2022-2032
Figure 20: North America Hangers Market Value (US$ Mn) by Application, 2022-2032
Figure 21: North America Hangers Market Value (US$ Mn) by Country, 2022-2032
Figure 22: North America Hangers Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 23: North America Hangers Market Volume (Units) Analysis by Country, 2016-2032
Figure 24: North America Hangers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 25: North America Hangers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 26: North America Hangers Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 27: North America Hangers Market Volume (Units) Analysis by Type, 2016-2032
Figure 28: North America Hangers Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 29: North America Hangers Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 30: North America Hangers Market Value (US$ Mn) Analysis by Application, 2016-2032
Figure 31: North America Hangers Market Volume (Units) Analysis by Application, 2016-2032
Figure 32: North America Hangers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 33: North America Hangers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 34: North America Hangers Market Attractiveness by Type, 2022-2032
Figure 35: North America Hangers Market Attractiveness by Application, 2022-2032
Figure 36: North America Hangers Market Attractiveness by Country, 2022-2032
Figure 37: Latin America Hangers Market Value (US$ Mn) by Type, 2022-2032
Figure 38: Latin America Hangers Market Value (US$ Mn) by Application, 2022-2032
Figure 39: Latin America Hangers Market Value (US$ Mn) by Country, 2022-2032
Figure 40: Latin America Hangers Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 41: Latin America Hangers Market Volume (Units) Analysis by Country, 2016-2032
Figure 42: Latin America Hangers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 43: Latin America Hangers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 44: Latin America Hangers Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 45: Latin America Hangers Market Volume (Units) Analysis by Type, 2016-2032
Figure 46: Latin America Hangers Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 47: Latin America Hangers Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 48: Latin America Hangers Market Value (US$ Mn) Analysis by Application, 2016-2032
Figure 49: Latin America Hangers Market Volume (Units) Analysis by Application, 2016-2032
Figure 50: Latin America Hangers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 51: Latin America Hangers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 52: Latin America Hangers Market Attractiveness by Type, 2022-2032
Figure 53: Latin America Hangers Market Attractiveness by Application, 2022-2032
Figure 54: Latin America Hangers Market Attractiveness by Country, 2022-2032
Figure 55: Europe Hangers Market Value (US$ Mn) by Type, 2022-2032
Figure 56: Europe Hangers Market Value (US$ Mn) by Application, 2022-2032
Figure 57: Europe Hangers Market Value (US$ Mn) by Country, 2022-2032
Figure 58: Europe Hangers Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 59: Europe Hangers Market Volume (Units) Analysis by Country, 2016-2032
Figure 60: Europe Hangers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 61: Europe Hangers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 62: Europe Hangers Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 63: Europe Hangers Market Volume (Units) Analysis by Type, 2016-2032
Figure 64: Europe Hangers Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 65: Europe Hangers Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 66: Europe Hangers Market Value (US$ Mn) Analysis by Application, 2016-2032
Figure 67: Europe Hangers Market Volume (Units) Analysis by Application, 2016-2032
Figure 68: Europe Hangers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 69: Europe Hangers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 70: Europe Hangers Market Attractiveness by Type, 2022-2032
Figure 71: Europe Hangers Market Attractiveness by Application, 2022-2032
Figure 72: Europe Hangers Market Attractiveness by Country, 2022-2032
Figure 73: Asia Pacific Hangers Market Value (US$ Mn) by Type, 2022-2032
Figure 74: Asia Pacific Hangers Market Value (US$ Mn) by Application, 2022-2032
Figure 75: Asia Pacific Hangers Market Value (US$ Mn) by Country, 2022-2032
Figure 76: Asia Pacific Hangers Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 77: Asia Pacific Hangers Market Volume (Units) Analysis by Country, 2016-2032
Figure 78: Asia Pacific Hangers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 79: Asia Pacific Hangers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 80: Asia Pacific Hangers Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 81: Asia Pacific Hangers Market Volume (Units) Analysis by Type, 2016-2032
Figure 82: Asia Pacific Hangers Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 83: Asia Pacific Hangers Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 84: Asia Pacific Hangers Market Value (US$ Mn) Analysis by Application, 2016-2032
Figure 85: Asia Pacific Hangers Market Volume (Units) Analysis by Application, 2016-2032
Figure 86: Asia Pacific Hangers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 87: Asia Pacific Hangers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 88: Asia Pacific Hangers Market Attractiveness by Type, 2022-2032
Figure 89: Asia Pacific Hangers Market Attractiveness by Application, 2022-2032
Figure 90: Asia Pacific Hangers Market Attractiveness by Country, 2022-2032
Figure 91: MEA Hangers Market Value (US$ Mn) by Type, 2022-2032
Figure 92: MEA Hangers Market Value (US$ Mn) by Application, 2022-2032
Figure 93: MEA Hangers Market Value (US$ Mn) by Country, 2022-2032
Figure 94: MEA Hangers Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 95: MEA Hangers Market Volume (Units) Analysis by Country, 2016-2032
Figure 96: MEA Hangers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 97: MEA Hangers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 98: MEA Hangers Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 99: MEA Hangers Market Volume (Units) Analysis by Type, 2016-2032
Figure 100: MEA Hangers Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 101: MEA Hangers Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 102: MEA Hangers Market Value (US$ Mn) Analysis by Application, 2016-2032
Figure 103: MEA Hangers Market Volume (Units) Analysis by Application, 2016-2032
Figure 104: MEA Hangers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 105: MEA Hangers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 106: MEA Hangers Market Attractiveness by Type, 2022-2032
Figure 107: MEA Hangers Market Attractiveness by Application, 2022-2032
Figure 108: MEA Hangers Market Attractiveness by Country, 2022-2032
The current market reached a valuation of USD 2,144.2 million in 2024.
The target market is currently forecast to grow at a rate of 6.1% during the forecast period.
Leading players in the target market contributed around ~10-15% of the overall market size in the year 2024.
The target market grew at a rate of 3.8% during the historic period from 2020 to 2024.
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