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Tumble Dryer Market Size
- Report ID: GMI12236
- Published Date: Nov 2024
- Report Format: PDF
Tumble Dryer Market Size
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 |
|---|---|
| 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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Tumble Dryer Market Scope
