Press release
Evolving Market Trends In The Dryers Industry: Dyson Launched Supersonic Nural
Dryers Market Size
What Is the Expected Dryers Market Size During the Forecast Period?
The dryers market has experienced consistent expansion in recent years, projected to rise from $14.53 billion in 2024 to $15.44 billion in 2025, reflecting a CAGR of 6.3%, with past growth influenced by the industrial revolution, lifestyle shifts, urban expansion, and strategic marketing efforts.
The dryers market is expected to experience strong growth in the next few years. It will reach $18.88 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.1%. Growth is driven by the focus on energy efficiency, the popularity of smart and connected appliances, increased awareness of health and allergen control, and demand for compact and space-saving solutions. Key trends include heat pump dryers, steam and wrinkle-release functions, sensor technology, sustainable materials, and quiet operation.
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What Are the High-Growth Segments in the Dryers Market?
The dryers market covered in this report is segmented -
1) By Type: Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Other Types
2) By Type Of Vent: Vented Dryer, Ventless Or Condenser Dryer
3) By Distribution Channel: Specialty Stores, Company-Owned Stores, Hyper markets And Super markets, Online, Other Distribution Channels
4) By End User: Commercial, Residential
Subsegments:
1) By Spin Dryers: Front-Loading Spin Dryers, Top-Loading Spin Dryers
2) By Condenser Dryers: Air-Cooled Condenser Dryers, Water-Cooled Condenser Dryers
3) By Heat Pump Dryers: Air Source Heat Pump Dryers, Water Source Heat Pump Dryers
4) By Mechanical Steam Compression Dryers: Batch Mechanical Steam Compression Dryers, Continuous Mechanical Steam Compression Dryers
5) By Solar Clothes Dryer: Solar Tumble Dryers, Solar Rack Dryers
6) By Other Types: Microwave Dryers, Freeze Dryers, Fluidized Bed Dryers
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What Key Drivers Are Expected to Influence Future Dryers Market Growth?
Technological innovations are set to drive the growth of the dryer market in the coming years. The increasing accessibility of the internet and smartphone usage is fueling the demand for technologically advanced appliances. In 2024, it is estimated that 5.35 billion people will be internet users, which is about 66.2% of the global population, with 97 million new users coming online in 2023.
Which Companies Hold the Largest Share Across Different Dryers Market Segments?
Major companies operating in the dryers market include Haier Electronics Group Co. Ltd., LG Electronics Inc., Samsung Electronics Co. Ltd., Robert Bosch GmbH, Koninklijke Philips N.V. (Royal Philips), Whirlpool Corporation, Panasonic Corporation, Groupe SEB, HAAN Corporation, Conair Corporation, Fridja Limited, CUORI ELECTRICAL APPLIANCES (Cuori), Electrolux AB, Jiffy Steamer Company LLC, Sears Holdings Corporation, Asko Appliances, Crosslee PLC, Midea Group Co. Ltd., Miele & Cie. KG, Smeg S.p.A., Gorenje Group, Amana (Amana Corporation), Frigidaire (Frigidaire International), Maytag Corporation, Indesit Company (now part of Whirlpool Corporation), Zanussi (Zanussi Group), Bosch (Robert Bosch GmbH), GE Appliances (General Electric Appliances), Kenmore (Kenmore Appliances), Speed Queen (Alliance Laundry Systems), Fisher & Paykel Appliances, Blomberg, Summit Appliance, Danby Appliances Inc., Avanti Products LLC, Panda (Panda Appliances), Magic Chef (MCA Corporation), Equator Advanced Appliances, EdgeStar, Hotpoint (Hotpoint Appliances), Hoover (Hoover Ltd.), Ariston (Ariston Thermo Group), Candy (Candy Group), Beko (Beko Elektronik A.S.), Hisense Group Co. Ltd., Toshiba Corporation
What Dryers Market Trends Are Gaining Traction Across Different Segments?
Companies in the dryers market are embracing advanced hair care technology to remain competitive. For example, in March 2024, Dyson, a US-based firm, launched the Supersonic Nural hair dryer featuring innovative capabilities such as Scalp Protect Mode, Attachment Learning, Pause Detect, and Capsule Illumination, designed to personalize styling while minimizing heat damage.
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What Are the Emerging Geographies for The Dryers Market Growth?
Asia-Pacific was the largest region in the dryers market in 2023. Western Europe was the second-largest region in the dryers market. The regions covered in the dryers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Dryers Market?
2. What is the CAGR expected in the Dryers Market?
3. What Are the Key Innovations Transforming the Dryers Industry?
4. Which Region Is Leading the Dryers Market?
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