The global electric dryers market is expected to grow from $11.15 billion in 2021 to $11.96 billion in 2022 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The market is expected to reach $14.77 billion in 2026 at a CAGR of 5.4%.
The electric dryers manufacturing market consists of sales of spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other types. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
An electric dryer is a dryer that dries clothes using electric heat. The blower and drum motors inside the dryer are also powered by electricity and the voltage used by electric dryers is 240 volts.
North America was the largest market in the electric dryers market in 2021. The regions covered in the electric dryers manufacturing market report are North America, Western Europe, Asia-Pacific, Eastern Europe, South America, the Middle East, and Africa.
The main types of electric dryers manufacturing market are spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other types. A spin dryer is a device that extracts water from clothes, linen, etc, by spinning them in a perforated drum The types of vents are vented dryers and ventless/condenser dryers. The distribution channels are specialty stores, company-owned stores, hypermarkets and supermarkets, online, and others. The various end-users are commercial and residential.
Technological advances will drive the market for dryers in the forecast period. Increased access to the internet and the use of smartphones supported the development and consumption of innovative technologically enabled appliances. More than 330 million people use the internet, taking the total number of global internet users to 4.72 billion by April 2021 and 48.2% of internet users accessed the web from a mobile device. Furthermore, increasing integration of the Internet of Things (IoT) allowed customers to connect with the dryers via the internet and remotely control essential tasks by collecting and exchanging data. This in turn drives the market for dryers in the forecast period.
Increasing demand for online on-demand laundry services is expected to restrain the market for dryers in the forecast period. The on-demand laundry services market is expected to be aided by a stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020 and 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to the World Bank, a US-based international financial institution, the growth of GDP in China amounted to approximately 8.1 percent in 2021. Stable economic growth, increasing internet penetration, and rising disposable income coupled with the hectic lifestyle of individuals will lead to an increase in on-demand laundry services, thereby limiting the growth of the market for dryers.
Dryer manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy-efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified dryers use 20% less energy than a standard washing machine.
The countries covered in the electric dryers manufacturing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The electric dryers manufacturing market research report is one of a series of new reports that provides electric dryers manufacturing market statistics, including electric dryers manufacturing industry global market size, regional shares, competitors with an electric dryer manufacturing market share, detailed electric dryers manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the electric dryers manufacturing industry. This electric dryers manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major players in the electric dryer manufacturing market are Haier Electronics Group, LG Electronics, SAMSUNG, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, and Conair.
This product will be delivered within 3-5 business days.
The electric dryers manufacturing market consists of sales of spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other types. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
An electric dryer is a dryer that dries clothes using electric heat. The blower and drum motors inside the dryer are also powered by electricity and the voltage used by electric dryers is 240 volts.
North America was the largest market in the electric dryers market in 2021. The regions covered in the electric dryers manufacturing market report are North America, Western Europe, Asia-Pacific, Eastern Europe, South America, the Middle East, and Africa.
The main types of electric dryers manufacturing market are spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other types. A spin dryer is a device that extracts water from clothes, linen, etc, by spinning them in a perforated drum The types of vents are vented dryers and ventless/condenser dryers. The distribution channels are specialty stores, company-owned stores, hypermarkets and supermarkets, online, and others. The various end-users are commercial and residential.
Technological advances will drive the market for dryers in the forecast period. Increased access to the internet and the use of smartphones supported the development and consumption of innovative technologically enabled appliances. More than 330 million people use the internet, taking the total number of global internet users to 4.72 billion by April 2021 and 48.2% of internet users accessed the web from a mobile device. Furthermore, increasing integration of the Internet of Things (IoT) allowed customers to connect with the dryers via the internet and remotely control essential tasks by collecting and exchanging data. This in turn drives the market for dryers in the forecast period.
Increasing demand for online on-demand laundry services is expected to restrain the market for dryers in the forecast period. The on-demand laundry services market is expected to be aided by a stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020 and 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to the World Bank, a US-based international financial institution, the growth of GDP in China amounted to approximately 8.1 percent in 2021. Stable economic growth, increasing internet penetration, and rising disposable income coupled with the hectic lifestyle of individuals will lead to an increase in on-demand laundry services, thereby limiting the growth of the market for dryers.
Dryer manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy-efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified dryers use 20% less energy than a standard washing machine.
The countries covered in the electric dryers manufacturing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The electric dryers manufacturing market research report is one of a series of new reports that provides electric dryers manufacturing market statistics, including electric dryers manufacturing industry global market size, regional shares, competitors with an electric dryer manufacturing market share, detailed electric dryers manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the electric dryers manufacturing industry. This electric dryers manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major players in the electric dryer manufacturing market are Haier Electronics Group, LG Electronics, SAMSUNG, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, and Conair.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Electric Dryers Market Characteristics
3. Electric Dryers Market - Macro Economic Scenario
3.1 COVID-19 Impact On Electric Dryers Market
3.2 Ukraine-Russia War Impact On Electric Dryers Market
3.3 Impact Of High Inflation On Electric Dryers Market
4. Electric Dryers Market Size And Growth
4.1. Global Dryers Historic Market, 2017 - 2022, $ Billion
4.1.1. Drivers Of The Market
4.1.2. Restraints On The Market
4.2. Global Dryers Forecast Market, 2022 - 2027F, 2032F, $ Billion
4.2.1. Drivers Of The Market
4.2.2. Restraints On the Market
5. Electric Dryers Market Segmentation
5.1. Global Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
- Spin Dryers
- Condenser Dryers
- Heat Pump Dryers
- Mechanical Steam Compression Dryers
- Solar Clothes Dryer
- Other Types
- Vented Dryer
- Ventless/Condenser Dryer
- Specialty Stores
- Company-Owned Stores
- Hypermarkets and Supermarkets
- Online
- Other Distribution Channels
- Commercial
- Residential
6.1. Global Electric Dryers Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
6.2. Global Electric Dryers Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
7. Asia-Pacific Electric Dryers Market
7.1. Asia-Pacific Electric Dryers Market Overview
7.2. Asia-Pacific Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
7.3. Asia-Pacific Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
8. China Electric Dryers Market
8.1. China Electric Dryers Market Overview
8.2. China Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion
8.3. China Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion
9. India Electric Dryers Market
9.1. India Electric Dryers Market Overview
9.2. India Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
9.3. India Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
10. Japan Electric Dryers Market
10.1. Japan Electric Dryers Market Overview
10.2. Japan Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
10.3. Japan Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
11. Australia Electric Dryers Market
11.1. Australia Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
11.2. Australia Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
12. Indonesia Electric Dryers Market
12.1. Indonesia Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
12.2. Indonesia Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
13. South Korea Electric Dryers Market
13.1. South Korea Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
13.2. South Korea Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
14. Western Europe Electric Dryers Market
14.1. Western Europe Electric Dryers Market Overview
14.2. Western Europe Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
14.3. Western Europe Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
15. UK Electric Dryers Market
15.1. UK Electric Dryers Market Overview
15.2. UK Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
15.3. UK Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
16. Germany Electric Dryers Market
16.1. Germany Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
16.2. Germany Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
17. France Electric Dryers Market
17.4. France Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
17.5. France Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
18. Eastern Europe Electric Dryers Market
18.1. Eastern Europe Electric Dryers Market Overview
18.2. Eastern Europe Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
18.3. Eastern Europe Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
19. Russia Electric Dryers Market
19.1. Russia Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
19.2. Russia Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
20. North America Electric Dryers Market
20.1. North America Electric Dryers Market Overview
20.2. North America Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
20.3. North America Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
21. USA Electric Dryers Market
21.1. USA Electric Dryers Market Overview
21.2. USA Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
21.3. USA Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
22. South America Electric Dryers Market
22.1. South America Electric Dryers Market Overview
22.2. South America Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
22.3. South America Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
23. Brazil Electric Dryers Market
23.1. Brazil Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
23.2. Brazil Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
24. Middle East Electric Dryers Market
24.1. Middle East Electric Dryers Market Overview
24.2. Middle East Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
24.3. Middle East Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
25. Africa Electric Dryers Market
25.1. Africa Electric Dryers Market Overview
25.2. Africa Electric Dryers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
25.3. Africa Electric Dryers Market, Segmentation By Type Of Vent, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
26. Electric Dryers Market Competitive Landscape And Company Profiles
26.1. Electric Dryers Market Competitive Landscape
26.2. Electric Dryers Market Company Profiles
26.2.1. Haier Electronics Group
26.2.1.1. Overview
26.2.1.2. Products and Services
26.2.1.3. Strategy
26.2.1.4. Financial Performance
26.2.2. LG Electronics
26.2.2.1. Overview
26.2.2.2. Products and Services
26.2.2.3. Strategy
26.2.2.4. Financial Performance
26.2.3. SAMSUNG
26.2.3.1. Overview
26.2.3.2. Products and Services
26.2.3.3. Strategy
26.2.3.4. Financial Performance
26.2.4. Robert Bosch
26.2.4.1. Overview
26.2.4.2. Products and Services
26.2.4.3. Strategy
26.2.4.4. Financial Performance
26.2.5. Koninklijke Philips
26.2.5.1. Overview
26.2.5.2. Products and Services
26.2.5.3. Strategy
26.2.5.4. Financial Performance
27. Key Mergers And Acquisitions In The Electric Dryers Market
28. Electric Dryers Market Trends And Strategies
29. Electric Dryers Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer
Executive Summary
Electric Dryers Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on electric dryers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered
1) By Type: Spin Dryers; Condenser Dryers; Heat Pump Dryers; Mechanical Steam Compression Dryers; Solar Clothes Dryer; Other Types2) By Type Of Vent: Vented Dryer; Ventless/Condenser Dryer
3) By Distribution Channel: Specialty Stores; Company-Owned Stores; Hypermarkets and Supermarkets; Online; Other Distribution Channels
4) By End User: Commercial; Residential
Companies Mentioned: Haier Electronics Group; LG Electronics; SAMSUNG; Robert Bosch; Koninklijke Philips
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Haier Electronics Group
- LG Electronics
- SAMSUNG
- Robert Bosch
- Koninklijke Philips
- Whirlpool
- Panasonic
- Groupe SEB
- HAAN
- Conair
- Fridja
- CUORI ELECTRICAL APPLIANCES
- Electrolux
- Jiffy Steamer
- Sears
- Asko
- Crosslee
- Midea
- Miele
- Smeg
- Gorenje
- Amana
- Frigidaire
- Maytag
- Indesit
- Zanussi
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2023 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value ( USD | $ 11.96 billion |
| Forecasted Market Value ( USD | $ 14.77 billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
