Laundry Dryer Market Size, Analyzing Trends and is Projected to Reach $25.1 Billion by 2030

The use of vented laundry dryers dominates the global market and is likely to retain its dominance throughout the forecast period.

WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, June 20, 2024 /EINPresswire.com/ -- Allied Market Research published a new report, titled, "Laundry Dryer Market" The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

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The use of laundry dryers is highly prevalent in most of the western countries and developed countries. Many developing countries across the world, however, dry their clothes outside their houses balconies, verandas, and backyards using natural air and sunlight. However, there is a tremendous rise in pollution lives in such countries and drying clothes outside is harming these clothes by discoloration as well as adhesion of dirt, dust and particulate matter. There is also the threat of small animals and birds soiling these clothes and can sometimes also cause rips and tears in the clothes. To overcome these problems, many consumers are transitioning over to laundry dryers from traditional air drying. The consumers are becoming aware about the various advantages associated with laundry dryers, which is leading to a greater adoption of such types of dryers.

Laundry dryers are mainly electric, however, gas powered laundry dryers are also prevalent and used by many consumers. These dryers also run on electricity, but the heat generation is done with the help of natural gas or propane. These machines require modifications to the house in order to setup a gas input. Two main techniques are used for drying the clothes, which is vented and condensed dryers. Vented dryers require to be placed near a window or an open area so that it can pull in air and then release the air as well, while condensed dryers can be placed anywhere in the house.

Players are also trying to improve energy consumption of laundry dryers. Use of repurposed materials in the production of laundry dryer is rising, which is leading to reduction in waste.

The outbreak of the pandemic has created awareness not only for personal health and hygiene, but for the environment as well. Many companies are now taking efforts in order to be environmentally sustainable and reduce their environmental impact as much as possible. The millennial consumer population is especially concerned with environmental sustainability and conservation and gives preference to products that follow the same principles. Engaged stakeholder in the laundry dryer market are taking efforts to make sure that their production processes are environment friendly.

Based on type, the global market is bifurcated into gas and electric. By capacity the market is segmented into upto 8 kg, 8 kg to 15 kg, and above 15 kg. Based on technology the global market is bifurcated into vented and condensed. By application, the global market is bifurcated into residential and commercial. Based on sales channel the global market is studied across offline channels and online channels. The global laundry dryer market is also studied across North America, Europe, Asia-Pacific, and LAMEA.

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Some of the major players profiled for in the laundry dryer market analysis include Alliance Laundry Systems Llc, BOSCH, Electrolux AB, Haier Group Corporation, Havells India Limited, IFB Industries Ltd., LG Electronics Inc., Samsung, Sears Holdings, and Whirlpool Corporation. Other prominent players catering towards laundry dryer market demand are Toshiba, Sharp, Panasonic Corp, Godrej Group, Hitachi Appliances Inc., Candy Group, GD Midea Holding Co. Ltd., and Sharp.

𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐚𝐮𝐧𝐝𝐫𝐲 𝐃𝐫𝐲𝐞𝐫:

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Keep an eye on technological advancements in laundry dryer technology, such as heat pump dryers, ventless dryers, and smart connected dryers. Consumers are increasingly looking for energy-efficient and convenient options that offer better performance and connectivity features.

𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲: With growing environmental concerns and increasing energy costs, there is a rising demand for energy-efficient laundry appliances, including dryers. Manufacturers that can offer dryers with higher energy efficiency ratings are likely to attract more customers.

𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐇𝐲𝐠𝐢𝐞𝐧𝐞 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬: In light of recent global health concerns, consumers are becoming more conscious of hygiene. Dryers with features such as sanitizing cycles or advanced air filtration systems may see increased demand as consumers prioritize cleanliness in their laundry routines.

𝐂𝐨𝐦𝐩𝐚𝐜𝐭 𝐚𝐧𝐝 𝐒𝐩𝐚𝐜𝐞-𝐬𝐚𝐯𝐢𝐧𝐠 𝐃𝐞𝐬𝐢𝐠𝐧𝐬: Urbanization and smaller living spaces in many parts of the world are driving demand for compact and space-saving appliances, including laundry dryers. Manufacturers that can offer compact yet efficient dryers suitable for apartments and smaller homes may tap into this growing market segment.

𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧: Consumers are increasingly seeking products that cater to their specific needs and preferences. Dryer manufacturers that offer customization options, such as different drying cycles for specific fabrics or customizable settings, may attract consumers looking for tailored solutions.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬:

○ The laundry dryer market forecast is offered along with information related to key drivers, restraints, and opportunities.
○ The report provides an extensive analysis of the current and emerging laundry dryer market trends and opportunities.
○ The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing laundry dryer market opportunities in the market.
○ The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
○ The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

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𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐭𝐨 𝐛𝐮𝐲 𝐋𝐚𝐮𝐧𝐝𝐫𝐲 𝐃𝐫𝐲𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:

• Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
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𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 "𝐀𝐌𝐑 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

○ Laundry Detergent Market Growth Opportunities In Global Industry By 2030
○ Hand Dryer Market is projected to reach $3,100.1 million by 2031

○ Dish Detergent Market by Manufacturer, Region, Type and Application Forecast to 2030
https://www.alliedmarketresearch.com/dish-detergent-market-A11883

○ High-efficiency Laundry Liquid Detergent Market is expected to reach $10.9 billion by 2025
https://www.alliedmarketresearch.com/high-efficiency-laundry-liquid-detergent-market

○ Commercial Refrigeration Market and is projected to reach $35.25 billion by 2027
https://www.alliedmarketresearch.com/commercial-refrigeration-market

○ Range Hood and Cooktop Market is projected to reach at $37,646.2 million by 2030
https://www.alliedmarketresearch.com/range-hood-and-cooktop-market

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