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Tumble Dryer Market Share

Report ID: GMI12236
Published Date: Nov 2024
Report Format: PDF

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Tumble Dryer Market Share

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.

Tumble Dryer Market Companies

Major players operating in the tumble dryer industry are:

American Dryer
ASKO Alliance
Danube
Dexter Laundry
Electrolux
GIRBAU
Haier
LG
Little Swan
Maytag
Miele
Pellerin Milnor
Renzacci
Samsung
Schulthess

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global tumble dryer industry was valued at USD 20.3 billion in 2023 and is estimated to grow at a 5.4% CAGR from 2024 to 2032, driven by urbanization and changing lifestyles.

The electric tumble dryers market recorded a CAGR of 5.9% and is expected to reach USD 16.2 billion by 2032, due to their affordability, energy efficiency, and ease of use.

U.S. tumble dryer industry is expected to reach USD 6.6 billion by 2032, driven by strong consumer purchasing power and a preference for high-performance, energy-efficient appliances.

Key players in the industry include American Dryer, ASKO Alliance, Danube, Dexter Laundry, Electrolux, GIRBAU, Haier, LG, Little Swan, Maytag, and Miele.