Asia Pacific Cloth Drying Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product Type and Distribution Channel

The Asia Pacific cloth drying products market is expected to grow from US$ 859.30 million in 2022 to US$ 1,204.13 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2022 to 2028.

Manufacturers of cloth drying products are constantly innovating to meet endlessly evolving consumer trends. They are launching technologically advanced products to attract tech-savvy consumers. For instance, in April 2020, Xiaomi, one of the leading technology groups in Hong Kong, launched a new line of retractable clothesline dryers, named Xiaomi Mijia Smart Clothes Dryer, with voice assistance, automated deployment, and integrated LED lights. These retractable dryers can sustain a weight of 35kg of wet clothes. The product uses voice assistant technology, which helps consumers adjust the height of the clothesline according to their convenience. Further, the integrated LED lighting system adjusts the light depending on the surrounding light. Such technologically advanced products are expected to gain immense popularity among consumers, especially the youth. Manufacturers are also innovating the design of cloth dryers, keeping their consumers' convenience in mind. For instance, in June 2020, Lifestyle Clothesline launched a new range of products under the brand name Hills Hoist Clothesline in the Australian market. This new line of cloth dryers comprises folding and rotating dryers, fixed models, wall-mounted clotheslines, retractable and extending units, portable clotheslines, and clothes airer. All these products under the new brand line have modern structural designs that cater to various consumer requirements. Such an extensive range of products with different usage and unique features is expected to attract a large group of consumers. Thus, product innovation strategies adopted by the key and emerging market players are expected to offer new growth opportunities to the Asia Pacific cloth drying products market during the forecast period.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific cloth drying products market growth at a notable CAGR during the forecast period.

Asia Pacific Cloth Drying Products Market Segmentation

The Asia Pacific cloth drying products market is segmented into product type, distribution channel, and country. Based on product type, the market is segmented into rotary dryer, wall-mounted dryer, and drying rack. Based on distribution channel, the Asia Pacific cloth drying products market is categorized into supermarket and hypermarkets, specialty stores, online retail, and others. Based on country, the Asia Pacific cloth drying products market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific.

Asia Pacific Cloth Drying Products Market - Companies Mentioned

Brabantia Branding B.V.; Honey-Can-Do International LLC; Freudenberg Home and Cleaning Solutions GmbH; INTER IKEA SYSTEMS B.V.; JOMOO KITCHEN & BATH CO., LTD.; and Leifheit AG. are a few major companies operating in the Asia Pacific cloth drying products market.