Tumble Dryers Market: Introduction
A clothes dryer, also referred to as a tumble dryer, is an operated household appliance that is used, usually immediately after being cleaned in a laundry machine, to extract moisture from a load of clothes, bedding and other textiles. Many dryers consist of a revolving drum called a “tumbler” from which hot air is pumped to evaporate the moisture, while the tumbler is rotated between the articles to preserve air space.
How they drain water from the unit is the main distinction between a vented dryer and a condenser dryer. More popular are vented tumble dryers. They feature a long, flexible hose that attaches the tumble dryer to the outside of your home and vents the water. Tumble dryer demand is growing mainly due to its rising demand from various applications such as Garment Industry, Laundry, Multifamily, Hotel, Kindergarten, Hospital/Nursing Home and Laundry Service Business.
Factors such as a growing number of middle-class populations who can afford dryers, increased disposable income, shifting habits and increased living standards are driving the growth of the tumble dryer industry. As a growth factor for this sector, a rising number of working woman organizations are now acting.
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Tumble Dryers Market: Dynamics
The market for tumble dryers is fostered by a growing population. The growing economy and the increasing population of the working class are the driving factors of the tumble dryer industry. Factors such as growing numbers of middle-class populations who can afford washing machines and dryers, increased disposable income, shifting habits and increased living standards are driving the development of the demand for tumble dryers. In addition, over the projected period, the rising urban population worldwide is projected to witness a higher penetration rate and significant growth in industry sales for tumble dryers.
In the category of smart homes, technological innovation results in greater demand for wired appliances, such as tumble dryers, smart washers, as a means of comfort and convenience. Increased adoption of the automated washing and drying process has produced lucrative growth opportunities in the area as an integral part of daily housekeeping activities among Europeans. On-demand laundry systems have changed the market and received customer admiration as they provide customers with excellent services, incentives, and high standards of comfort.
The enormous promise and opportunity of these services has already been recognized by various companies such as cleanly and Rinse and they are making substantial investments to improve their role in the industry. The biggest restraint in the tumble dryer market is that tumble dryers need to continuously drain their hot air, to constantly pump up fresh air by using energy or coal. This nature results in a major lack of electricity, which ultimately raises customers’ power bills.
Tumble Dryers Market: Segmentation
The Tumble Dryers market can be segmented based on product type, and by application.
Based on the By Product, the prominent segments of Tumble Dryers are identified as:
- Heat-pump operated tumble dryer
- Vented tumble dryer
- Condenser tumble dryer
Based on the By Application, the prominent segments of Tumble Dryers are identified as:
- Textile Industry
- Hospital/Nursing Home
- Laundry Service Company
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Tumble Dryers Market: Regional Outlook
Asia Pacific has emerged as the biggest shareholder and its lead over the projected timeframe is predicted to be sustained. In the forecast timeframe, the presence of developing economies such as India and China, a rising working population and increasing expenditure on dry cleaning and laundry services are projected to boost the industry. During the forecast era, Europe is expected to experience substantial development. Development, along with a rising working population, is due to increasing disposable incomes.
The strong involvement of various suppliers of laundry facilities. Owing to rising investment in hotel operations in Germany, the UK, and Spain, the European hospitality industry is growing at a phenomenal rate. The growth of the hospitality sector is also supported by steady growth in the tourism industry. Demand for commercial laundry facilities in Europe is expected to produce this.
Tumble Dryers Market: Key Players
List of some of the prominent market participants in Tumble Dryers market are:
- Pellerin Milnor
- American Dryer
- Miele Professional
- Electrolux Professional
- Dexter Laundry
“The research report on Tumble Dryers market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Tumble Dryers market report also contains projections using a suitable set of assumptions and methodologies. The research report on Tumble Dryers market provides analysis and information according to market segments such as of product type, and by application.
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