Press release
Gas Dryer Market Size Projected to Reach Nearly USD 10.40 Bn by 2030, Growing 4% from 2024
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐๐ญ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐๐ข๐๐ข๐๐ง๐ญ ๐๐๐ฎ๐ง๐๐ซ๐ฒ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌThe global gas dryer market has been witnessing significant growth, driven by advancements in household and commercial laundry technologies. As of 2023, the market size stood at USD 7.90 billion, with expectations to reach USD 10.40 billion by 2030, marking a steady 4% growth rate annually.
๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Gas dryers utilize natural gas or propane to generate the heat necessary for drying clothes, offering several advantages over electric dryers. They are known for their faster drying times and lower operational costs, making them popular in residential settings, commercial laundry services, and various institutional applications like hotels and hospitals.
In residential sectors, gas dryers are preferred for their efficiency and cost-effectiveness. They not only dry clothes faster but also contribute to reducing energy consumption compared to electric alternatives. This efficiency is further enhanced by features like moisture detectors that prevent over-drying and optimize energy use.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ: https://www.maximizemarketresearch.com/request-sample/83048/
๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
The growth of the gas dryer market is propelled by factors such as rapid urbanization, increasing disposable incomes, and evolving consumer preferences towards efficient and time-saving laundry solutions. The rise of laundry services and dry-cleaning businesses, coupled with the demand for energy-efficient appliances, further drives market expansion.
Moreover, strategic marketing initiatives by leading manufacturers, including celebrity endorsements and robust social media campaigns, are broadening consumer awareness and adoption. Additionally, the availability of gas dryers through diverse retail channels, both online and offline, contributes to market growth by catering to varied consumer preferences.
๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โข ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐: Dominates the global market, driven by a high concentration of laundry facilities and favorable regulatory support for energy-efficient appliances.
โข ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐: Shows promising growth opportunities, fueled by expanding commercial sectors and increasing household expenditures across emerging economies like India and China.
โข ๐๐ฎ๐ซ๐จ๐ฉ๐: Witnessing rapid adoption due to the proliferation of laundry services and hospitality industries embracing efficient drying solutions.
๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โฆ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
With Steam Function
Without Steam Function
โฆ ๐๐ฒ ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ
Less than 7 cu. ft.
7 - 8 cu. ft.
More than 8 cu. ft.
โฆ ๐๐ฒ ๐๐ซ๐ข๐๐ ๐๐๐ง๐ ๐
Less than US$ 300
US$ 300 - US$ 500
US$ 500 - US$ 700
US$ 700 - US$S 900
More than US$ 900
โฆ ๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Residential
Commercial
Laundry Services
Washing and Dry Cleaning Centers
Hotels
Hospitals & Nursing Homes
Others (Senior Living Communities, Hostels, etc.)
โฆ ๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Online
Offline
Hypermarkets & Supermarkets
Departmental Stores
Others (Electronics Retail Stores, Brand Stores, etc.)
The market is divided into online, department stores, hypermarkets & supermarkets, company-owned websites, e-commerce websites, online, department stores, and others (e.g., electronics retail stores, brand stores, etc.) based on the distribution channel. The hypermarkets and supermarkets segment is anticipated to expand at a compound annual growth rate (CAGR) of % between 2024 and 2030. Supermarkets need to adjust to the rapidly changing demands of their customers. During the projected period, customers' gadgets might see personalized prices. Supermarkets would thus be able to tailor offers according to a customer's profile, past purchases, and present location inside the store. Customer interactions, both in-person and online, will grow more tailored.
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ข๐ฌ๐ฎ๐๐ฅ๐ฌ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/83048/
๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Key players driving innovation and market expansion include Whirlpool Corporation, Electrolux AB, GE Appliances, and Samsung, among others. These companies focus on technological advancements and geographic expansion to maintain competitive advantage.
โฃ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐:
1. Whirlpool Corporation - United States
2. Maytag - United States
3. Frigidaire - United States
4. Transform SR Brands LLC (Kenmore) - United States
5. Speed Queen - United States
โฃ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐ฎ๐ซ๐จ๐ฉ๐:
1. Electrolux AB - Sweden
โฃ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐:
1. GE Appliances - China
2. Samsung - South Korea
3. LG Electronics - South Korea
4. AMI Cooling System - India
5. Neotech Energy Systems Pvt Ltd - India
6. DCC Print Vision LLP - India
7. L Tech Engineering - India
8. NS Steam System - India
9. Delair India Private Limited - India
10. Perma Pure India Ltd - India
๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง:
The global gas dryer market is poised for steady growth driven by technological advancements, changing consumer lifestyles, and increasing demand across residential and commercial sectors. As the market expands, innovations in energy efficiency and product features are expected to further enhance consumer adoption worldwide.
๐๐ง๐๐จ๐ฏ๐๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/market-report/global-gas-dryer-market/83048/
๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ:
โฆ ๐๐ฑ๐๐๐ฎ๐ญ๐ข๐ฏ๐ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ: A concise overview of the market's size, growth potential, and key trends.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐: A clear definition of the market's boundaries and the products or services it encompasses.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: A detailed analysis of the market's current state, including major players, competitive landscape, and market dynamics.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ข๐ง๐ : A breakdown of the market's size by revenue, volume, or other relevant metrics, with historical data and future projections.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: A categorization of the market based on various factors like customer type, product category, and geographical location.
โฆ ๐ ๐ข๐ฏ๐ ๐ ๐จ๐ซ๐๐๐ฌ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: An evaluation of the competitive landscape using Porter's Five Forces framework, identifying bargaining power of buyers and suppliers and competitive rivalry.
โฆ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: An in-depth exploration of the market's customer base, their needs, buying behaviour, and decision-making processes.
โฆ ๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: An analysis of the market's geographic distribution, highlighting key regions and growth opportunities.
โฆ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐ซ๐๐ฆ๐๐ฐ๐จ๐ซ๐ค: A practical guide to help you make strategic decisions based on the market insights presented.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ: An examination of the key factors that propel the market forward and the potential obstacles that might hinder its growth.
โฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ: An exploration of the current and emerging trends that will shape the future of the market.
โฆ ๐๐๐ง๐๐จ๐ซ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: An overview of the major vendors operating in the market, including their product portfolios and market share.
โฆ ๐๐๐ง๐๐จ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: A detailed assessment of the strengths, weaknesses, opportunities, and threats (SWOT analysis) of key vendors.
This comprehensive guide empowers you to gain a strategic advantage in the Gas Dryer market. Utilize the insights within to navigate the competitive landscape, identify growth opportunities, and make informed business decisions.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Gas Dryer?
โข What was the Gas Dryer market size in 2023?
โข What is the growth rate of the Gas Dryer Market?
โข Who are the leading companies and what are their portfolios in Gas Dryer Market?
โข Which is the fastest growing region in the ##market?
โข What are the different segments of the Gas Dryer Market?
โข What segments are covered in the Gas Dryer Market?
โข Who are the key players in the Gas Dryer market?
โข Which are the factors expected to drive the Gas Dryer market growth?
โข What is the CAGR at which the ## market will grow during the forecast period?
โข What are the upcoming opportunities and trends for the Gas Dryer Market?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Gas Dryer Market?
โข What growth strategies are the players considering to increase their presence in Gas Dryer?
๐๐๐ฌ ๐๐ซ๐ฒ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
โข Past Market Size and Competitive Landscape (2018 to 2022)
โข Past Pricing and price curve by region (2018 to 2022)
โข Market Size, Share, Size & Forecast by different segment | 2024-2030
โข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Market Segmentation - A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
โข PESTLE Analysis
โข PORTER's analysis
โข Value chain and supply chain analysis
โข Legal Aspects of Business by Region
โข Lucrative business opportunities with SWOT analysis
โข Recommendations
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฉ๐ข๐๐ฌ:
1. Carbon Dioxide Incubators Market https://www.maximizemarketresearch.com/market-report/global-carbon-dioxide-incubators-market/33821/
2. On Board Magnetic Sensor Market https://www.maximizemarketresearch.com/market-report/global-on-board-magnetic-sensor-market/7845/
3. Power Semiconductor Market https://www.maximizemarketresearch.com/market-report/global-power-semiconductor-market/28191/
4. Boron Oxide Market https://www.maximizemarketresearch.com/market-report/global-boron-oxide-market/80930/
5. Nano Silica Market https://www.maximizemarketresearch.com/market-report/global-nano-silica-market/30662/
6. Smt Placement Equipment Market https://www.maximizemarketresearch.com/market-report/global-smt-placement-equipment-market/21876/
7. Aesthetics Injectables Market https://www.maximizemarketresearch.com/market-report/aesthetics-injectables-market/149511/
8. Carbon Capture And Storage Ccs Market https://www.maximizemarketresearch.com/market-report/carbon-capture-and-storage-ccs-market/14210/
9. Disposable Toilet Seat Covers Market https://www.maximizemarketresearch.com/market-report/global-disposable-toilet-seat-covers-market/108929/
10. Prezippered Pouches Market https://www.maximizemarketresearch.com/market-report/global-pre-zippered-pouches-market/25125/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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๐๐๐ ๐๐ซ๐๐ข๐ง๐ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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