Lucintel Forecasts Global Gas Dryer Market to Reach $10.3 billion by 2030.


Posted October 9, 2023 by Lucintel

According to a market report by Lucintel, the future of the global gas dryer market looks promising with opportunities in the residential, commercial, laundry service, washing and dry cleaning center, hotel

 
According to a market report by Lucintel, the future of the global gas dryer market looks promising with opportunities in the residential, commercial, laundry service, washing and dry cleaning center, hotel, and hospital & nursing home markets. The global gas dryer market is expected to reach an estimated $10.3 billion by 2030 with a CAGR of 4.2% from 2024 to 2030.
The major drivers for this market are rising product usage in residential areas, growing awareness about energy labels, and increasing consumer inclination towards on-demand laundry and dry-cleaning services.
A more than 150 – page report is developed to understand trends, opportunity and forecast in gas dryer to 2030 by product type (with steam function and without steam function), capacity (less than 7 cu.ft., 7 – 8 cu.ft., and more than 8 cu.ft.), end use industry (residential, commercial, laundry services, washing and dry cleaning centers, hotels, hospitals and nursing homes, and others), distribution channel (online, and offline), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, with steam function and without steam function are the major segments of gas dryer market by product type. Lucintel forecasts that with steam function will remain the largest segment over the forecast period as it helps in saving money on electricity and comes with an options such like scheduled drying and delicate drying.
Within this market, laundry services will remain the largest segment due to growing demand for gas dryers in the laundry services as it helps in driing up the clothes quickly and produces less static cling than an electric dryer.
North America will remain the largest region over the forecast period due to growing number of laundromat and dry cleaning services in this region.
Alliance Laundry Systems, Electrolux, GE Appliances, LG Electronics, Rinnai Corporation, Samsung Electronics, Transform SR Brands, and Whirlpool Corporation are the major suppliers in the gas dryer market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags gas dryer market
Last Updated October 9, 2023