The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Technological advances are expected to drive innovation in dryers manufacturing, thus driving the market during the forecast period.

The global dryers market is expected to grow from $11.81 billion in 2022 to $13.12 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The global dryers market size is expected to grow to $19.04 billion in 2027 at a compound annual growth rate (CAGR) of 9.8%.

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Global dryers Market Segments Include:

• By Type: Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Other Types
• By Type Of Vent: Vented Dryer, Ventless/Condenser Dryer
• By Distribution Channel: Specialty Stores, Company-Owned Stores, Hypermarkets and Supermarkets, Online, Other Distribution Channels
• 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, Asia Pacific is the largest region in the global dryers market in 2021.

Major Market Players in the dryers market include Haier Electronics Group, LG Electronics, Samsung, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, Conair.

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 Dryers Global Market Report 2023  provides a dryers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The dryers market forecast analyzes dryers market size, dryers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Electric dyers are defined as equipment that is extensively employed by 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.

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