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The global tumble dryer market size was valued at USD 20.3 Billion in 2023 and is estimated to grow at a CAGR of over 5.4% from 2024 to 2032. Urbanization and changing lifestyles are driving the progression of the industry, especially in cities.
As more people move to cities and live in smaller homes, the need for space-saving and convenient appliances like tumble dryers has increased. In crowded urban areas, where outdoor drying is difficult, tumble dryers offer a good indoor solution, especially compact models that fit in small spaces. The fast-paced city life also makes time-saving appliances more attractive. People want to finish household tasks quickly, and tumble dryers’ dry clothes much faster than traditional methods. As incomes rise in cities, people are more willing to buy premium, energy-efficient models with features like smart technology, quick-dry cycles, and eco-friendly modes.
Report Attribute | Details |
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Base Year: | 2023 |
Tumble Dryer Market Size in 2023: | USD 20.3 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.4% |
2032 Value Projection: | USD 32.1 billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 230 |
Tables, Charts & Figures: | 150 |
Segments covered: | By Product Type, By Application, By Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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Smart and connected tumble dryers are changing the appliance market by adding innovative technologies that make them more convenient, efficient, and eco-friendly. With remote control features, users can start, stop, and check drying cycles from anywhere using smartphone apps, making laundry easier to manage. Many models work well with smart home systems, allowing control through voice assistants like Amazon Alexa or Google Assistant, adding to everyday convenience. These dryers also have moisture sensors that automatically adjust settings based on the clothes' moisture level, saving energy, and preventing over-drying. Some models let users monitor energy use in real time, suggesting the most efficient cycles to help lower electricity bills.
Additionally, smart dryers send maintenance alerts and run self-diagnostics, helping users to prevent from maintenance issues. This focus on ease of use, energy management, and personalization is increasing the demand for smart tumble dryers, especially among consumers looking for convenience and sustainability. As more people want connected appliances, these innovations are making tumble dryers a key part of the smart home setup.
Electricity tumble dryers are driving the expansion of the market with CAGR 5.9% and expected to reach USD 16.2 billion in 2032. Electric tumble dryers lead the market because they are affordable, energy-efficient, and easy to use. They are widely available and work with standard home electrical systems, making them easier to install than gas dryers, which need more complex venting and connections. As a result, most consumers prefer electric dryers for a hassle-free and cost-effective solution. Modern electric dryers are more energy-efficient, using technologies like heat pump systems and sensor-based drying to reduce electricity use while still performing well.
Additionally, electric models are seen as safer than gas dryers since they don't use flammable fuels, increasing consumer trust. With growing demand for compact, space-saving models in urban areas, electric dryers have become the top choice for consumers seeking efficiency and convenience. As sustainability becomes more important, eco-friendly electric dryers with less environmental impact are becoming more popular, further strengthening their market leadership.
Tumble dryer market from clothing or laundry industry is expected to reach USD 13 billion in 2032. The clothing and laundry industry is the main user of tumble dryers. This is because there is a growing need for fast, efficient, and high-capacity drying solutions in both commercial and residential areas. In places like laundromats, hotels, and hospitals, tumble dryers are very important. These businesses handle a lot of laundry and need quick drying times. Tumble dryers help them dry large loads of clothes, linens, and towels quickly and reliably.
In homes, especially in cities where outdoor drying space is limited, tumble dryers are a convenient and space-saving option, making them a must-have appliance. Modern tumble dryers can handle different types of fabrics, from delicate clothes to heavy bedding, ensuring they are well cared for and last longer. The demand for energy-efficient models, like those with heat pump technology or moisture sensors, is also growing. Both businesses and consumers want to reduce energy use and costs.
The tumble dryer market in the United States is expected to reach USD 6.6 billion in 2032. The U.S. has strong consumer purchasing power, leading to high demand for home appliances that save time and offer convenience. As one of the wealthiest countries, U.S. consumers prefer high-performance, energy-efficient tumble dryers. This demand is further boosted by interest in advanced technologies like smart dryers with Wi-Fi and energy monitoring. Urbanization and small living spaces in US cities have increased the popularity of stackable and ventless tumble dryers, which are ideal for apartments.
Additionally, the U.S. commercial laundry sector relies on high-capacity, efficient tumble dryers, adding to market demand. North America's leadership in the industry is supported by its economic strength, technological innovation, and solid infrastructure. Major US-based appliance manufacturers and their global export capabilities further strengthen North America's position as a leader in both regional and global markets.
Whirlpool, General Electric (GE), Samsung, LG Electronics, and Electrolux hold a significant share of 5% to 7% in the global market due to several key reasons. These brands have built strong reputations over many years, earning consumer trust through consistent product quality, reliability, and excellent after-sales service. Their wide range of products, from budget models to high-end smart dryers, attracts a broad range of consumers.
These companies lead in technology, offering features like smart connectivity, energy-efficient heat pump technology, and sensor-based drying, which appeal to modern consumers looking for convenience and sustainability. Their extensive global distribution networks ensure their products are available in both developed and emerging markets, helping them maintain their leadership position. They also benefit from economies of scale, allowing them to offer competitive prices while keeping high production standards.
Major players operating in the tumble dryer industry are:
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