Global Laundry Driers Market Report, History and Forecast 2017-2028Market Analysis and Insights: Global Laundry Dryer Market
Due to the COVID-19 pandemic, the global Laundry Dryer market size was value at US$ 10,204.32 million in 2021 and is forecast to be a readjusted size of US$ 15,070.44 million by 2028 with a CAGR of 5.6% during the forecast period 2022-2028.
The global main manufacturers of Laundry Dryer include Panasonic, Samsung, BSH, LG, Electrolux, Sanyo, Haier, BOSCH, and Miele, etc. In 2021, the global six largest players have a share approximately 49.70% in terms of revenue.
The North America Laundry Dryer market size was US$ 3011.21 million in 2021, while China was about US$ 1,924.21 million. The proportion of the China was 18.86% in 2021 and it is predicted that the share will reach 23.07% in 2028, trailing a CAGR of 7.61% through the analysis period. As for the Europe Laundry Dryer landscape, Germany is projected to reach US$ 706.49 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 4.88% and 5.75% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Electric Dryers accounting for 73.24% of the Laundry Dryer global market in 2021, is projected to value US$ 11,189.80 million by 2028, growing at a revised 5.89% CAGR from 2022 to 2028. While Home segment is altered to an 5.83% CAGR throughout this forecast period and will hold a share about 77.50% in 2028.
Global Laundry Dryer Scope and Market Size
The global Laundry Dryer market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Laundry Dryer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
Panasonic
Samsung
BSH
LG
Sanyo
Haier
Miele
Midea
Electrolux
Havells
IFB Industries
Whirlpool
Segment by Type
Electric Dryers
Gas Dryers
Segment by Application
Laundry
Hotel
House
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Saudi Arabia
UAE
Turkey
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook