The global tumble dryer market size was exhibited at USD 16,119 million in 2024 and is projected to hit around USD 24,557 million by 2034, growing at a CAGR of 4.3% during the forecast period 2024 to 2034.
Growing urbanization and raised household income drove the demand for tumble dryers, leading to expanded market growth. Growing consumer trends for adoption of smart home devices is a key factor driving tumble dryer market expansion. Technology advancement and consumer demand for energy-efficient devices are boosting market growth. Consumers are continuously seeking a time-saving home appliance for smart, and quick words: tumble dryers are making this wish come true.
Electricity tumble dryers are expected to hold market potential. The easy availability of tumble dryers in supermarkets and hypermarkets is increasing their purchases. Sensor-based and wi-fi connectivity tumble dryers are gaining popularity in the whole market. The dedication of manufacturers to the development of smart features to satisfy consumer demands is further contributing to market growth.
North America accounted for the dominant market due to increased consumer awareness about energy efficiency. Advancements in household devices are playing a crucial role in developing the market in North America. However, Asia Pacific is expected to witness spectacular growth with regions growing urbanizations and availability of disposable income. With the growing adoption of smart houses, tumble dryers are likely to be continuously in demand. Increased use of tumble dryers for clothing and laundry is a significant market success.
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| Stats ID: | 7231 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Stats ID: | 7231 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
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