Asia Pacific Cloth Drying Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

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The Asia Pacific cloth drying products market is expected to grow from US$ 859.30 million in 2022 to US$ 1,204.13 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2022 to 2028.

Manufacturers of cloth drying products are constantly innovating to meet endlessly evolving consumer trends. They are launching technologically advanced products to attract tech-savvy consumers. For instance, in April 2020, Xiaomi, one of the leading technology groups in Hong Kong, launched a new line of retractable clothesline dryers, named Xiaomi Mijia Smart Clothes Dryer, with voice assistance, automated deployment, and integrated LED lights. These retractable dryers can sustain a weight of 35kg of wet clothes. The product uses voice assistant technology, which helps consumers adjust the height of the clothesline according to their convenience. Further, the integrated LED lighting system adjusts the light depending on the surrounding light. Such technologically advanced products are expected to gain immense popularity among consumers, especially the youth. Manufacturers are also innovating the design of cloth dryers, keeping their consumers' convenience in mind. For instance, in June 2020, Lifestyle Clothesline launched a new range of products under the brand name Hills Hoist Clothesline in the Australian market. This new line of cloth dryers comprises folding and rotating dryers, fixed models, wall-mounted clotheslines, retractable and extending units, portable clotheslines, and clothes airer. All these products under the new brand line have modern structural designs that cater to various consumer requirements. Such an extensive range of products with different usage and unique features is expected to attract a large group of consumers. Thus, product innovation strategies adopted by the key and emerging market players are expected to offer new growth opportunities to the Asia Pacific cloth drying products market during the forecast period.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific cloth drying products market growth at a notable CAGR during the forecast period.

Asia Pacific Cloth Drying Products Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Cloth Drying Products Market Segmentation

The Asia Pacific cloth drying products market is segmented into product type, distribution channel, and country. Based on product type, the market is segmented into rotary dryer, wall-mounted dryer, and drying rack. Based on distribution channel, the Asia Pacific cloth drying products market is categorized into supermarket and hypermarkets, specialty stores, online retail, and others. Based on country, the Asia Pacific cloth drying products market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific.

Asia Pacific Cloth Drying Products Market - Companies Mentioned

Brabantia Branding B.V.; Honey-Can-Do International LLC; Freudenberg Home and Cleaning Solutions GmbH; INTER IKEA SYSTEMS B.V.; JOMOO KITCHEN & BATH CO., LTD.; and Leifheit AG. are a few major companies operating in the Asia Pacific cloth drying products market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific Cloth Drying Products Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific Cloth Drying Products Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Product Code: BMIRE00026984

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection
- 3.2.2 Primary Interviews
- 3.2.3 Hypothesis Formulation
- 3.2.4 Macro-economic Factor Analysis
- 3.2.5 Developing Base Number
- 3.2.6 Data Triangulation
- 3.2.7 Country Level Data

4. Asia Pacific Cloth Drying Products Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 Asia Pacific
4.3 Expert Opinion

5. Asia Pacific Cloth Drying Products Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Benefits of Line Drying Over Machine/Tumble Drying
- 5.1.2 Growing Awareness Regarding Environmental Sustainability
5.2 Market Restraints
- 5.2.1 Unfavourable Weather Conditions Hamper Market
5.3 Market Trend
- 5.3.1 Product Innovation in Cloth Drying Products
5.4 Market Opportunity
- 5.4.1 Rising Popularity of Wall-Mounted Dryers
5.5 Impact Analysis of Drivers and Restraint

6. Asia Pacific Cloth Drying Products -Market Analysis

6.1 Asia Pacific Cloth Drying Products Market -Revenue and Forecast to 2028

7. Asia Pacific Cloth Drying Products Market Analysis - By Product Type

7.1 Overview
7.2 Asia Pacific Cloth Drying Products Market Breakdown, by Product Type, (2021 and 2028)
7.3 Rotary Dryer
- 7.3.1 Overview
- 7.3.2 Rotary Dryer: Asia Pacific Cloth Drying Products Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Wall-Mounted Dryer
- 7.4.1 Overview
- 7.4.2 Wall-Mounted Dryer: Asia Pacific Cloth Drying Products Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Drying Rack
- 7.5.1 Overview
- 7.5.2 Drying Rack: Asia Pacific Cloth Drying Products Market - Revenue and Forecast to 2028 (US$ Million)

8. Asia Pacific Cloth Drying Products Market Analysis - By Distribution Channel

8.1 Overview
8.2 Asia Pacific Cloth Drying Products Market Breakdown, by Distribution Channel, (2021 and 2028)
8.3 Supermarkets and Hypermarkets
- 8.3.1 Overview
- 8.3.2 Supermarkets and Hypermarkets: Asia Pacific Cloth Drying Products Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Specialty Stores
- 8.4.1 Overview
- 8.4.2 Specialty Stores: Asia Pacific Cloth Drying Products Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Online Retail
- 8.5.1 Overview
- 8.5.2 Online Retail: Asia Pacific Cloth Drying Products Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: Asia Pacific Cloth Drying Products Market - Revenue and Forecast to 2028 (US$ Million)

9. Asia Pacific Cloth Drying Products Market - Country Analysis

9.1 Asia Pacific: Asia Pacific Cloth Drying Products Market
- 9.1.1 Asia Pacific: Asia Pacific Cloth Drying Products Market -Revenue and Forecast to 2028 (US$ Million)
- 9.1.2 Asia Pacific: Asia Pacific Cloth Drying Products Market , by Key Country
  - 9.1.2.1 Australia: Asia Pacific Cloth Drying Products Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.2.1.1 Australia: Asia Pacific Cloth Drying Products Market , by Product Type
    - 9.1.2.1.2 Australia: Asia Pacific Cloth Drying Products Market , by Distribution Channel
  - 9.1.2.2 China: Asia Pacific Cloth Drying Products Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.2.2.1 China: Asia Pacific Cloth Drying Products Market , by Product Type
    - 9.1.2.2.2 China: Asia Pacific Cloth Drying Products Market , by Distribution Channel
  - 9.1.2.3 India: Asia Pacific Cloth Drying Products Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.2.3.1 India: Asia Pacific Cloth Drying Products Market , by Product Type
    - 9.1.2.3.2 India: Asia Pacific Cloth Drying Products Market , by Distribution Channel
  - 9.1.2.4 Japan: Asia Pacific Cloth Drying Products Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.2.4.1 Japan: Asia Pacific Cloth Drying Products Market , by Product Type
    - 9.1.2.4.2 Japan: Asia Pacific Cloth Drying Products Market , by Distribution Channel
  - 9.1.2.5 South Korea: Asia Pacific Cloth Drying Products Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.2.5.1 South Korea: Asia Pacific Cloth Drying Products Market , by Product Type
    - 9.1.2.5.2 South Korea: Asia Pacific Cloth Drying Products Market , by Distribution Channel
  - 9.1.2.6 Rest of Asia Pacific: Asia Pacific Cloth Drying Products Market -Revenue and Forecast to 2028 (US$ Million)
    - 9.1.2.6.1 Rest of Asia Pacific: Asia Pacific Cloth Drying Products Market , by Product Type
    - 9.1.2.6.2 Rest of Asia Pacific: Asia Pacific Cloth Drying Products Market , by Distribution Channel

10. Company Profiles

10.1 Honey-Can-Do International LLC
- 10.1.1 Key Facts
- 10.1.2 Business Description
- 10.1.3 Products and Services
- 10.1.4 Financial Overview
- 10.1.5 SWOT Analysis
- 10.1.6 Key Developments
10.2 Freudenberg Home and Cleaning Solutions GmbH
- 10.2.1 Key Facts
- 10.2.2 Business Description
- 10.2.3 Products and Services
- 10.2.4 Financial Overview
- 10.2.5 SWOT Analysis
- 10.2.6 Key Developments
10.3 INTER IKEA SYSTEMS B.V.
- 10.3.1 Key Facts
- 10.3.2 Business Description
- 10.3.3 Products and Services
- 10.3.4 Financial Overview
- 10.3.5 SWOT Analysis
- 10.3.6 Key Developments
10.4 JOMOO KITCHEN & BATH CO., LTD.
- 10.4.1 Key Facts
- 10.4.2 Business Description
- 10.4.3 Products and Services
- 10.4.4 Financial Overview
- 10.4.5 SWOT Analysis
- 10.4.6 Key Developments
10.5 Leifheit AG
- 10.5.1 Key Facts
- 10.5.2 Business Description
- 10.5.3 Products and Services
- 10.5.4 Financial Overview
- 10.5.5 SWOT Analysis
- 10.5.6 Key Developments

11. Appendix

11.1 About The Insight Partners
11.2 Glossary of Terms