| Product Code: ETC8038218 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania continued to receive contact and convective dryers from top exporting countries such as China, Switzerland, Ukraine, Italy, and Estonia. Despite the low concentration with a low Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -17.07% from 2020 to 2024. The negative growth trend persisted in 2024, with a further decrease in the growth rate to -18.62% compared to the previous year. This data suggests a challenging market environment for import shipments of contact and convective dryers in Lithuania.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Contact and Convective Dryers Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Contact and Convective Dryers Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Contact and Convective Dryers Market - Industry Life Cycle |
3.4 Lithuania Contact and Convective Dryers Market - Porter's Five Forces |
3.5 Lithuania Contact and Convective Dryers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Lithuania Contact and Convective Dryers Market Revenues & Volume Share, By Orientation, 2021 & 2031F |
3.7 Lithuania Contact and Convective Dryers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Contact and Convective Dryers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient drying solutions in industries such as food processing, pharmaceuticals, and chemicals |
4.2.2 Technological advancements leading to the development of smart and connected dryers with enhanced features |
4.2.3 Government initiatives promoting the adoption of sustainable and eco-friendly drying technologies |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the purchase and installation of contact and convective dryers |
4.3.2 Intense competition in the market leading to price wars and margin pressures |
4.3.3 Fluctuating raw material prices impacting the manufacturing costs of dryers |
5 Lithuania Contact and Convective Dryers Market Trends |
6 Lithuania Contact and Convective Dryers Market, By Types |
6.1 Lithuania Contact and Convective Dryers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Contact, 2021- 2031F |
6.1.4 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Convective, 2021- 2031F |
6.2 Lithuania Contact and Convective Dryers Market, By Orientation |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Horizontal, 2021- 2031F |
6.2.3 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Vertical, 2021- 2031F |
6.3 Lithuania Contact and Convective Dryers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.3 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Metallurgy, 2021- 2031F |
6.3.4 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.5 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.3.6 Lithuania Contact and Convective Dryers Market Revenues & Volume, By Auxiliary Manufacturing, 2021- 2031F |
7 Lithuania Contact and Convective Dryers Market Import-Export Trade Statistics |
7.1 Lithuania Contact and Convective Dryers Market Export to Major Countries |
7.2 Lithuania Contact and Convective Dryers Market Imports from Major Countries |
8 Lithuania Contact and Convective Dryers Market Key Performance Indicators |
8.1 Energy efficiency ratings of contact and convective dryers |
8.2 Adoption rate of smart and connected features in dryers |
8.3 Number of government schemes or incentives supporting the use of eco-friendly drying technologies |
8.4 Average payback period for investments in contact and convective dryers |
8.5 Frequency of product innovations and launches in the market |
9 Lithuania Contact and Convective Dryers Market - Opportunity Assessment |
9.1 Lithuania Contact and Convective Dryers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Lithuania Contact and Convective Dryers Market Opportunity Assessment, By Orientation, 2021 & 2031F |
9.3 Lithuania Contact and Convective Dryers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Contact and Convective Dryers Market - Competitive Landscape |
10.1 Lithuania Contact and Convective Dryers Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Contact and Convective Dryers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |