PUBLISHER: The Business Research Company | PRODUCT CODE: 1712417
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712417
Electric dryers are household appliances primarily used for the drying of clothes. These devices serve to extract moisture from the clothes, reduce odor levels, and eliminate dust mites present in the fabric.
The primary types of dryers include spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other specialized variants. Ventilation methods for these dryers include vented dryers and ventless/condenser dryers. Spin dryers are low-energy appliances that employ centrifugal force to remove water from clothes. They are typically smaller than conventional clothes dryers and do not use heat for drying; instead, they rely on centrifugal force to accomplish this task. These dryers are distributed through a variety of channels, including specialty stores, company-owned stores, hypermarkets, supermarkets, and online sales platforms. They are used by both commercial and residential end-users for clothes drying needs.
The electric dryers market research report is one of a series of new reports from The Business Research Company that provides electric dryers market statistics, including electric dryers industry global market size, regional shares, competitors with an electric dryer market share, detailed electric dryers market segments, market trends and opportunities, and any further data you may need to thrive in the electric dryers industry. This electric dryers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The dryers market size has grown strongly in recent years. It will grow from $14.53 billion in 2024 to $15.44 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to industrial revolution, changing lifestyles, urbanization, marketing and advertising.
The dryers market size is expected to see strong growth in the next few years. It will grow to $18.88 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to energy efficiency, smart and connected appliances, health and allergen control, customization and aesthetics, compact and space-saving solutions. Major trends in the forecast period include heat pump dryers, steam and wrinkle-release functions, sensor technology, sustainable materials, quiet operation.
Technological advancements are expected to drive the growth of the dryers market in the forecast period. The increased access to the internet and widespread use of smartphones have supported the development and consumption of innovative, technology-enabled appliances. As of 2024, there are 5.35 billion internet users globally, accounting for 66.2% of the world's total population. The number of internet users has grown by 1.8% over the past year, with 97 million new users coming online for the first time in 2023. These technological advancements are expected to drive the growth of the dryer market in the forecast period.
The growth of the dryer market is expected to be fueled by the increasing purchasing power of consumers. Purchasing power signifies the value of a currency concerning the quantity of goods or services that a single unit of currency can obtain. Enhanced purchasing power equips individuals with greater ease in acquiring new dryers. For instance, data from the European Commission in February 2023 anticipates that the global middle-class or consumer class is poised to expand to 4.8 billion individuals by 2030, signifying a substantial increase of 1.3 billion individuals with greater purchasing power compared to the present scenario. Consequently, the rising purchasing power is expected to be a driving factor behind the growth of the dryer market.
Major companies operating in the dryers market are focusing on developing solutions with advanced technology, such as hair care technology, to gain a competitive edge. Hair care technology refers to the use of innovative tools, products, and scientific advancements to enhance hair health, appearance, and maintenance. For instance, in March 2024, Dyson, a US-based manufacturer of fasteners and forgings, launched the Supersonic Nural, an intelligent hair dryer. This innovative product features unique elements like Scalp Protect Mode to prevent heat damage, Attachment Learning for personalized settings, Pause Detect to reduce heat exposure when set down, and Capsule Illumination to provide visual feedback on temperature settings.
Major companies in the dryer market are focusing on innovative technologies, such as the Dyson Airblade, a hand dryer solution. The Dyson Airblade hand dryers operate within a highly competitive market where companies continually introduce novel and creative products to meet the evolving needs of their customer base. For example, in March 2023, Central Marketing Group (CMG), a subsidiary of Thailand's Central Retail Corporation (CRC), launched the 'Dyson Airblade' hand dryer in Thailand, offering three variations: Dyson Airblade wash+dry, Dyson Airblade 9KJ, and Dyson Airblade V.
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
Asia-Pacific was the largest region in the dryers market in 2024. 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
The countries covered in the dryers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada
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 market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Dryers Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on dryers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dryers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dryers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.