The global laundry dryer market size was valued at $14.8 billion in 2020, and is projected reach $25.1 billion by 2030, registering a CAGR of 4.0% from 2021 to 2030.
1. GLOBAL OPPORTUNITY AND FORECAST 2021-2030
Laundry Dryer Market
Laundry Dryer Market by Type,
(Gas and Electric), Capacity (Up to
8 Kg, 8 kg to 15 kg, and Above 15
kg), Technology (Vented and
Condensed), Application
(Residential and Commercial), and
Sales Channel (Offline Channels
and Online Channels): Global
Opportunity Analysis and Industry
Forecast, 2021–2030
2. LAUNDRY DRYER MARKET ANALYST REVIEW
Smart laundry dryers are gaining high traction amongst consumers of both
developing and developed regions.
Shankar Bhandalkar
Research Analyst, Consumer Goods at AMR
GLOBAL OPPORTUNITY AND FORECAST 2021-2030
3. CURRENT AND FUTURE MARKET SCENARIO
• The global laundry dryer market size was valued at $14.8 billion in 2020.
• The global laundry dryer market size is projected reach $25.1 billion by 2030.
• The global laundry dryer market registering a CAGR of 4.0% from 2021 to 2030.
• The electric segment led in terms of laundry dryer market share in 2020 and is
expected to retain its dominance throughout the forecast period.
GLOBAL OPPORTUNITY AND FORECAST 2021-2030
4. LAUNDRY DRYER MARKET SEGMENTATION
By Type
• Gas
• Electric
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By Capacity
• Up to 8 Kg
• 8 kg to 15 kg
• Above 15 kg
By Technology
• Vented
• Condensed
GLOBAL OPPORTUNITY AND FORECAST 2021-2030
5. DOMINATING
SEGMENTS
Type BY TECHNOLOGY BY APPLICATION
Electric laundry dryers lead in
terms of laundry dryer market
share and is poised to grow with
highest growth during the
forecast period
Laundry dryers are more
frequently used for residential
applications and thus leads in
terms of market share, however
the commercial segment is likely
to grow with highest CAGR during
the forecast period.
The use of vented laundry
dryers dominates the global
market and is likely to retain its
dominance throughout the
forecast period.
GLOBAL OPPORTUNITY AND FORECAST 2021-2030
6. GEOGRAPHICAL OVERVIEW
• Based on region, it is analyzed across
North America, Europe, Asia-Pacific, and
LAMEA.
• North America region holds the maximum
market share of the laundry dryer market.
• Asia-Pacific region would exhibit the
highest CAGR of 6.9% during 2021-2030.
GLOBAL OPPORTUNITY AND FORECAST 2021-2030
7. DOMINATING MARKET PLAYERS PROFILED IN
THE STUDY
• Alliance Laundry Systems Llc
• BOSCH
• Electrolux AB
• Haier Group Corporation
• Havells India Limited
• IFB Industries Ltd.
• LG Electronics Inc.
• Samsung
• Sears Holdings
• Whirlpool Corporation.
GLOBAL OPPORTUNITY AND FORECAST 2021-2030
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8. A Report Titled “Laundry Dryer Market - Opportunities And Forecast, 2021-2030” has been
recently published by Allied Market Research. It makes an In-depth Analysis of current trends,
drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company
profiles for key vendors in business builds a comprehensive picture of profitable opportunities
from Stakeholder’s Perspective.
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2030
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