Learn about the global Electric Dryers market through The Business Research Company, which provides information on electric dryers market size, electric dryers market drivers and restraints, electric dryers market players, the COVID-19 impact on the electric dryers market, and more.

The global electric dryers market size 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 growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric dryer market is expected to reach $14.77 billion in 2026 at a CAGR of 5.4%.

Technological advances will drive the market for dryers in the forecast period.

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The electric dryers manufacturing market consist of sales of clothes dryers. The clothes dryers are extensively employed by the household consumers for carrying out the activity of drying clothes. The main function that is performed by the device is to soak up the moisture from the clothes, lessen the aroma level, and eliminate dust mites from the clothes.

Global Electric Dryers Market Segments Include:

By Type: Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Others

By Type of Vent: Vented Dryer, Ventless/Condenser Dryer

By Distribution Channel: Specialty Stores, Company-Owned Stores, Hypermarkets and Supermarkets, Online, Others

By End-User: Commercial, Residential

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest market in the electric dryer market in 2021.

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.

TBRC’s electric dryers market report covers:

Major Market Players: Haier Electronics Group, LG Electronics, SAMSUNG, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, and Conair.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-2021) and ten years forecast (2022-2026-2031)

The Electric Dryers Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides electric dryers market overviews, analyzes and forecasts market size, share, electric dryers market players, electric dryers market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s electric dryers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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