Global Dryers Market Report 2023 - Size, Current Status, Growth Prospects, Global Opportunities And Segments, Forecast To 2032 || Haier Electronics Group, LG Electronics, Samsung, Robert Bosch
As per the dryers market report by The Business Research Company, the 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) stated that the global real GDP growth was 3.7% in 2019 and will be 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than the 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.
The global dryers market size will 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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Major competitors in the dryers market are Haier Electronics Group, LG Electronics, Samsung, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, Conair.
The dryers market is segmented -
• 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: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the dryers market.
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The electric dryers market consists of sales of spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other dryers. 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.
The Table Of Content For The Dryers Market Include:
1. Executive Summary
2. Dryers Market Characteristics
3. Dryers Market Trends And Strategies
4. Dryers Market - Macro Economic Scenario
5. Dryers Market Size And Growth
6. Dryers Market Segmentation
27. Dryers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dryers Market
29. Dryers Market Future Outlook And Potential Analysis
The "Global Dryers Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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