How big is the Dryer Market | Trends & Regional Insights 2025

Code: MTA5600 Publication Date: Jul 2025

How big is the dryer market?

According to 6Wresearch internal database and industry insights, the dryer market was valued at approximately USD 11.6 billion in 2024 and is projected to reach USD 17.4 billion by 2031, growing at a CAGR of 5.9% during the forecast period.

This growth is driven by rising demand for energy-efficient appliances, growing urbanization, and increasing adoption of smart laundry solutions. Technological innovations such as heat pump dryers and IoT integration are enhancing energy savings and user convenience. Improved access to electricity and rising middle-class incomes are also important factors in emerging markets.

Key Growth Factors of the Dryer Market

  • Smaller living spaces and an increasing urban population are driving the need for clothes dryers.
  • Technological innovations such as hybrid dryers and heat pumps increase energy efficiency.
  • The popularity of connected and smart home appliances is growing.
  • Growing numbers of middle-class individuals in emerging economies with greater purchasing power
  • Consumer preference for quick-drying and sanitary products
  • Government policies that promote energy-efficient appliances

Dryer Market Trends

The market is witnessing a shift toward smart dryers with Wi-Fi and remote monitoring features. Energy labeling and sustainability concerns are boosting demand for heat pump-based models. North America and Europe dominate in premium dryer sales, while Asia-Pacific is emerging as a fast-growing region due to urban lifestyle changes. Manufacturers are also integrating AI-driven drying sensors for fabric-sensitive drying performance.

Emerging Developments in the Dryer Market

Innovations such as steam-assisted drying and AI-based cycle customization are reshaping consumer preferences. Integration of eco-friendly refrigerants and inverter technology is reducing power consumption. Partnerships with home automation platforms are enabling seamless smart home integration. Compact and stackable dryer models are gaining popularity among apartment dwellers and urban households.

Major Companies in the Dryer Market

  • Whirlpool Corporation
  • LG Electronics
  • Samsung Electronics
  • Electrolux AB
  • Bosch Home Appliances
  • Haier Group
How big is the Dryer Market : FAQ's
The dryer market is projected to reach USD 17.4 billion by 2031.
The dryer market is expected to grow at a CAGR of 5.9% during the forecast period.
Smart dryers are in demand due to remote control features, energy savings, and integration with smart home ecosystems.
Asia-Pacific is expected to show the fastest growth due to urbanization, rising incomes, and lifestyle modernization.
Consumers prefer energy-efficient, space-saving, and fabric-friendly drying solutions.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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