PUBLISHER: Grand View Research | PRODUCT CODE: 1869773
PUBLISHER: Grand View Research | PRODUCT CODE: 1869773
The North America household washer and dryer market size was estimated at USD 16.75 billion in 2024 and is projected to reach USD 21.18 billion in 2033, growing at a CAGR of 2.7% from 2025 to 2033. According to data from the U.S. Census Bureau, the proportion of households in the U.S. living in homes they own rose from 64.4% in 2018 to 65.8% in 2022. Meanwhile, in Canada, according to Canadian Statistics, the homeownership rate was 66.3% in 2022. This upward trend indicates a significant increase in homeownership rates across the region. With more individuals and families opting to invest in their own homes, there is a corresponding increase in the demand for household appliances like washers & dryers.
Moreover, the demand for all-in-one washer and dryer combos drives the market. An all-in-one washer-dryer combo is designed to wash and dry clothes within the same enclosed drum. Equipped with programmed controls, these devices can perform both functions in tandem or separately. These innovative appliances streamline laundry routines by eliminating the need to transfer damp clothes from the washer to the dryer.
There is an increase in spending on remodeling and renovations in homes across North America. According to the 2023 U.S. Houzz & Home Renovation Report, homeowners in the U.S. spent USD 3,000 on laundry rooms in 2022, up by around 50% from 2021. This included investment in replacing old washers & dryers with newer, more advanced, and efficient models.
Busy lifestyles and a growing emphasis on convenience encourage consumers to invest in appliances that save time and effort, such as washers and dryers with faster cycles and advanced features. In addition, innovations such as energy-efficient models, smart features, and automation contribute to market growth by enticing consumers to upgrade their appliances for improved performance and convenience.
All-in-one washer and dryer units are also renowned for their energy efficiency, consuming less power than traditional dryers. Moreover, these combination units offer a space-saving solution for the laundry area, particularly beneficial if consumers have limited space for two separate machines. Being ventless, they are not constrained by the need for an exhaust vent, allowing flexibility in placement along any wall with access to a water line, even within kitchens or bathrooms.
North America Household Washer And Dryer Market Report Segmentation
This report forecasts volume & revenue growth at regional & country levels and provides an analysis of the latest trends and opportunities in each of the sub-segment from 2021 to 2033. For this study, Grand View Research has segmented the North America household washer and dryer market based on product, load type, structure, technology, type, capacity, price range, distribution channel, and region: