Electric Dryers Market: Global Industry Trends, Growth, Share, Size, Key Players and Forecast Till 2024

1. Global Electric Dryers Market Research Report and Forecast Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Electric Dryers Market Overview: According to latest report by IMARC Group, titles “Electric Dryers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” the global electric dryers market reached a value of US$ 10.7 Billion in 2018. An electric dryers is a kind of electronic home appliance that comprises a rotation drum, coiled wires to heat the air present inside the drum, and an exhaust vent to pass out water in the form of stem, It is widely used in the domestic sector to remove moisture from clothes and other textiles products. Since these dryers offer faster drying cycle as compared to the traditional way of open drying of clothes, they are rapidly becoming and indispensable part of the domestic sector, especially in urban areas. Electric Dryers Market Trends Unlike air drying, electric dryers act as a more convenient option for drying clothes as they are less time consuming and work irrespective of the weather conditions. Air drying of clothes takes up a significant amount of time off and individual’s busy schedule, while electric dryers perform the task in less time and effectively as well. Apart from this, governments of several countries are promoting the use of energy-saving appliances.

4. Report Description and Highlights Report Description Other factors such as rising disposable income, aggressive promotional activities by manufacturers, and growing urbanization also contribute to the market growth. On account of these factors, the global electric dryers market size, is anticipated to reach US$ Billion by 2024, exhibiting a CAGR of around 4% during 2019-2024.

5. Report Description and Highlights Report Description • This has driven the consumers to opt for dryers with energy labels such as ENERGY STAR, which represent the energy efficiency rate of a product. Furthermore, innovative features such as delicate cycle, steam refresh, sanitize cycle and moisture sensors are also contributing to the demand for these dryers. • Market Segmentation: • Market Segmentation by Product Type • Vented Dryer • Ventless/Condenser Dryer • Based on the product type, vented dryer represents the most popular product type, followed by ventless/condenser dryer. • Market Segmentation by End-User • Commercial • Residential

6. Report Description and Highlights Report Description • Based on the end user, the market has been bifurcated into commercial and residential. Presently, the residential segment accounts for the majority of the total market share. • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa • On the geographical front, the market has been categorized into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Amongst these, North America currently holds the dominant market share. • Market Segmentation by Distribution Channel • Specialty Stores • Company-Owned Stores

7. Report Description and Highlights Report Description • Hypermarkets and Supermarkets • Online • Others • On the basis of the distribution channel, the market has been divided into specialty stores, company-owned stores, hypermarkets and supermarkets, online and others. Amongst these, specialty stores hold the leading position in the market. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • Samsung Electronics Co., Ltd. • Whirlpool Corporation • Electrolux AB • LG Electronics • Arçelik • Gorenje

8. Report Description and Highlights Report Description • Haier Group Corporation • Panasonic Corporation • Smeg Group S.p.A. • GE • Asko • Crosslee • Hoovers • Kenmore Appliances • Midea • Miele • Robert Bosch • Robert Bosch GmbH • Sears Holdings (Kenmore) • For more information, click here: https://www.imarcgroup.com/electric-dryer-market

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10. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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