Laundry Driers Market Report 2025 (Global Edition)

Global Laundry Driers Market Report 2025 Market Size Split by Type (Gas, Electric), by Application (Residential, Commercial), by Capacity (Upto 8 Kg, 8 kg to 15 kg, Above 15 kg), by Technology (Vented...

Laundry Driers Market Report Description

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Laundry Driers Market Insights Video

Competitive Landscape of the Laundry Driers Market

In the laundry driers market's competitive landscape, numerous key competitors are driving innovation and growth. Key players adopt strategies such as product innovation, energy-saving technologies, and integration of smart features. Partnerships, mergers, and acquisitions are also common to expand market presence and enhance customer reach, driving competitive advantages.

In June 2024, Bosch home appliances launched two new lines of compact washers and dryers to help meet the needs of consumers seeking full-size innovation in small spaces. These new laundry machines will be available across Bosch’s 500 and 800 Series and include numerous advanced features that are new to Bosch’s compact appliance lines. (Source: https://www.businesswire.com/news/home/20240627220058/en/Bosch-Launches-New-Compact-Washers-and-Dryers)

Top Companies Market Share in Laundry Driers Industry: (In no particular order of Rank)

• HAVELLS INDIA LIMITED
• FB INDUSTRIES LTD
• WHIRLPOOL CORPORATION
• ALLIANCE LAUNDRY SYSTEMS LLC
• SAMSUNG
• LG ELECTRONICS INC
• HAIER GROUP CORPORATION
• SEARS HOLDINGS
• ELECTROLUX AB
• BOSCH
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Laundry Driers Market

Which Region Dominates the Laundry Driers Market in 2024?

According to Cognitive Market Research, North America currently dominates the laundry driers market, and the region is expected to have significant growth during the projected period. This is due to the region's increasing consumer demand for energy-efficient and smart home appliances. Rising disposable incomes and a growing focus on convenience and technological advancements further propel market growth.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Rapid urbanization, rising disposable incomes, and changing lifestyles increase the demand for convenient home appliances. Technological advancements and energy-efficient models also boost market growth as consumers seek effective and eco-friendly laundry solutions.

The current report Scope analyzes Laundry Driers Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Laundry Driers Market

According to Cognitive Market Research, the global laundry driers market size was estimated at USD 16254.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 6501.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the laundry driers market with a market size of USD 5129.83 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. The US market's technological advancement and innovation in washing machines.
• The Canada laundry driers market had a market share of USD 780.20 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Canada’s rising awareness among the population.
• The Mexico laundry driers market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 591.65 million in 2024.

Europe Laundry Driers Market

According to Cognitive Market Research, the global laundry driers market size was estimated at USD 16254.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 4876.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.

• The United Kingdom laundry driers market had a market share of USD 819.21 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, laundry driers sales witness an upswing due to the lack of time for laundry.
• The France laundry driers market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 448.62 million in 2024.
• According to Cognitive Market Research, the German laundry driers market size was valued at USD 965.50 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, laundry driers surged due to the Increased focus of the manufacturers and major market players.
• The Italy laundry driers market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 419.36 million in 2024.
• The Russia laundry driers market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 755.82 million in 2024.
• The Spain laundry driers market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 399.85 million in 2024
• The Luxembourg laundry driers market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 151.16 million in 2024.
• The Portugal laundry driers market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 102.40 million in 2024.
• The Greece laundry driers market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 58.52 million in 2024.
• The Rest of Europe's laundry driers market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 755.82 million in 2024.

Asia Pacific Laundry Driers Market

According to Cognitive Market Research, the global laundry driers market size was estimated at USD 16254.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 3738.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• According to Cognitive Market Research, the China laundry driers market size was valued at USD 1682.31 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Laundry driers surged in China due to the Increased focus of the manufacturers and major market players.
• The Japan laundry driers market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 515.91 million in 2024.
• The India laundry driers market had a market share of USD 448.62 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. India's rising awareness among the population.
• The South Korean laundry driers market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 373.85 million in 2024.
• The Australian laundry driers market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 194.40 million in 2024.
• The South East Asia laundry driers market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 257.95 million in 2024.
• The Rest of Asia Pacific laundry driers market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 265.43 million in 2024.

South America Laundry Driers Market

According to Cognitive Market Research, the global laundry driers market size was estimated at USD 16254.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 812.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil laundry driers market size was valued at USD 347.84 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Laundry driers flourished in Brazil due to increasing demand for packaged food and beverages.
• Argentina's laundry driers market had a market share of USD 136.54 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Argentina's rising personal disposable income.
• Colombia laundry driers market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 72.33 million in 2024.
• Peru laundry driers market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 66.64 million in 2024.
• Chile laundry driers market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 58.52 million in 2024.
• The Rest of Latin America's laundry driers market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 130.85 million in 2024.

Middle East Laundry Driers Market

According to Cognitive Market Research, the global laundry driers market size was estimated at USD 16254.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 325.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031..

• The GCC Countries' laundry driers market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 139.14 million in 2024. Laundry driers sales flourish due to the presence of major market players.
• The Egypt laundry driers market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 34.13 million in 2024.
• The South Africa laundry driers market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 51.36 million in 2024. Laundry driers sales flourished in South Africa due to increasing demand and regulatory support.
• The Turkey laundry driers market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 27.96 million in 2024.
• The Nigeria laundry driers market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 34.13 million in 2024.
• The Rest of the MEA laundry driers market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 38.36 million in 2024.

Laundry Driers Market Analysis

Laundry Driers Market Type Segment Analysis

According to Cognitive Market Research, electric is likely to dominate the laundry driers market over the forecast period due to increasing consumer demand for convenience and efficiency. Innovations in energy-efficient technologies and smart features are boosting market growth. The rising adoption of electric driers is fueled by their effectiveness in handling diverse fabric types and reducing drying time.

The gas is the fastest-growing segment in the laundry driers market. Gas driers offer quicker drying times and lower energy costs compared to electric models, making them a popular choice among consumers seeking both performance and savings. Increased focus on energy efficiency also fuels market growth.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Laundry Driers Industry. Request a Free Sample PDF!

Laundry Driers Market Application Segment Analysis

According to Cognitive Market Research, the residential segment holds the largest share of the market due to increasing consumer demand for convenience and time-saving appliances. Growing urbanization and smaller living spaces also boost demand for compact and energy-efficient driers. Enhanced features like smart technology and improved energy efficiency further propel market growth.

In the laundry driers market, the commercial has been expanding at a rapid pace due to the rising need for rapid drying, energy efficiency, and advanced features like moisture sensors and programmable settings to enhance operational efficiency and reduce labor costs.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Laundry Driers Capacity Segment Analysis

Laundry Driers Market Capacity Segment Analysis

According to Cognitive Market Research, the above 15 kg segment holds the largest share of the market due to increasing consumer demand for larger capacity appliances due to growing household sizes and busy lifestyles. Additionally, advancements in energy-efficient and smart technologies enhance convenience and reduce operational costs, further fueling market growth.

In the laundry driers market, the 8 kg to 15 kg has been expanding at a rapid pace due to rising urbanization, increasing disposable incomes, and the growing demand for energy-efficient home appliances. Consumers are seeking larger capacities to handle more laundry in fewer cycles, and smart technology features enhance convenience, contributing to market growth.

• Upto 8 Kg
• 8 kg to 15 kg
• Above 15 kg

Laundry Driers Technology Segment Analysis

Laundry Driers Market Technology Segment Analysis

According to Cognitive Market Research, the vented segment dominates the market due to increasing urbanization, rising disposable incomes, and a growing preference for energy-efficient appliances. Consumers are seeking quicker drying solutions, especially in regions with humid climates.

Condensed is projected to be the fastest-growing segment in the laundry driers market due to rising urbanization, increasing disposable incomes, and the growing demand for energy-efficient appliances. Technological advancements, such as smart features and eco-friendly solutions, further propel growth.

• Vented
• Condensed

Laundry Driers Sales Channel Segment Analysis

Laundry Driers Market Sales Channel Segment Analysis

According to Cognitive Market Research, the online channel segment dominates the market due to rising urbanization, increased disposable income, and a shift toward energy-efficient appliances, also boosting demand, particularly through online platforms offering a wide range of models and reviews.

Offline channel is projected to be the fastest-growing segment in the laundry driers market. Offline stores offer personalized assistance and immediate product access, enhancing customer trust. Expanding real estate and the demand for time-saving home appliances further fuel this growth.

• Offline Channel
• Online Channel

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

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