- Report ID: BMRC 204 | Number of pages: 200 | Publish Date: Dec 2019
Status: Published | Category: Consumer Goods | Delivery Timeline:
Global Electric Clothes Dryer Market 2019-2025
The forecast period 2019-2025 is expected to show significant growth in Global Electric Clothes Dryer Market. There will be a new resurgence in the sales and utilization of electric clothes dryer product. Are you ready to cope up with growing market? No, then have a look at our report overview and send your query to us.
Clothe dryers have become common in developing countries and are being largely adopted in developing countries. Electric clothes dryer market is undergoing a transformation driven by highly efficient heat pump dryer technology. One of the significant trends observed in the market is the introduction of innovative features in electric dryers, such as the use of smartphones to control appliances and wrinkle reduction technology. The vendors are investing in technology and innovation to come up with a mechanism within electric dryers that implements tumbling after a cycle to prevent clothes from wrinkling. Moreover, factors such as the increasing emphasis on improving heat pump dryers as they use less energy will also help in the evolution of the market over the next four years.
Our report studies global electric clothes dryer market and covers historical and forecast data for product type, end user, regional and country level.
Along with these leading players, there is the number of other small and mid-sized players who are coming with huge investment and innovative product launch in the electric clothes dryer industry.
By Product Type,
Based on product type segment, vented electric clothes dryer segment dominated the electric clothes dryer market in 2016. The electric clothes dryer segment is likely to register a cagr of around 6.1% during the forecast period.
Based upon the end user, the home segment is expected to register a high CAGR during the period of 2017-2024, as compared to commercial segment.
Our new report discusses issues and events affecting the electric clothes dryer market.
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Electric Clothes Dryer Market By Product Type (Vented Electric Clothes Dryer, Non-Vented Electric Clothes Dryer), By End User (Home, Commercial), Industry Analysis, Trends, and Forecast 2019