Market Size of North America Tumble Dryers Industry
Study Period | 2020-2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 3.51 Billion |
Market Size (2029) | USD 4.30 Billion |
CAGR (2024 - 2029) | 4.12 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Tumble Dryers Market Analysis
The North America Tumble Dryers Market size is estimated at USD 3.51 billion in 2024, and is expected to reach USD 4.30 billion by 2029, growing at a CAGR of 4.12% during the forecast period (2024-2029).
Among the home appliances segment in North America, major appliances exist with a significantly large share, resulting in the creation of an expanding sales environment for the tumble dryer manufacturer. A tumble dryer exists with the features of fully drying the laundry rather than extracting some of the fluid inside making it a preferable appliance for users who need quick and fast drying of clothes. The rising sales volume of washing machines in the regions signifies a rising interest of people in managing their clothes using laundry appliances. It is leading to an increasing number of manufacturers launching their tumble dryers in the market with rising expenditure on advertisement for increasing sales.
Post-COVID-19, the continuously increasing urbanization rate in North America combined with a rising employment rate resulted in an increasing number of people opting for minimizing their time in laundry and clothes leading to tumble dryers emerging as an efficient solution for this.
Technology and product innovations are leading manufacturers to equip their tumble dryer products with smart, automatic, and energy-saving features. Increasing demand for energy efficiency is leading to rising demand for heat pump tumble dryers in comparison to standard electric dryers with their comparatively higher energy saving feature. Wifi enabled features in the appliance enable the user to control the tumble dryer remotely, and smart sensor features provide excellent drying. In addition, rising sales channels of e-commerce and direct website sales are expanding the sales opportunity for tumble dryer manufacturers with a rising market size and business.
North America Tumble Dryers Industry Segmentation
A tumble dryer exists as an appliance that dries clothes by putting them in hot air and fully dries the laundry instead of a spin dryer which exists with only a partial drying feature. The appliance ensures that clothes get dried almost instantly and saves electricity and cost for the user over the period with its efficiency features. The product is made available in different capacities, with automatic and semi-automatic products being offered by the manufacturers.
The study gives a brief description of the North American tumble dryers market. It includes details on tumble dryer sales, investment by the manufacturers, and the launch of new tumble dryer products. North America's tumble dryers market is segmented by product, by distribution channel, by end-user, and by country. By product type, the market is segmented into heat pumps, tumble dryers, condensers, tumble dryers, vented tumble dryers, and gas heated tumble dryers. By distribution channel, the market is segmented into online and offline. By end user, the market is segmented into residential and commercial. By country, the market is segmented into the United States, Canada, Mexico, and the rest of North America.
The report also covers the market sizes and forecasts for the North American tumble dryers market in value (USD) for all the above segments.
By Product | |
Heat Pump Tumble Dryer | |
Condenser Tumble Dryer | |
Vented Tumble Dryer | |
Gas Heated Tumble Dryer |
By Distribution Channel | |
Online | |
Offline |
By End User | |
Residential | |
Commercial |
By Country | |
United States | |
Canada | |
Mexico | |
Rest of North America |
North America Tumble Dryers Market Size Summary
The North America tumble dryers market is experiencing a robust growth trajectory, driven by the increasing demand for efficient laundry solutions among consumers. As part of the major appliances segment, tumble dryers are gaining popularity due to their ability to fully dry clothes quickly, making them a preferred choice for those seeking convenience. The post-COVID-19 era has seen a surge in urbanization and employment rates, prompting more individuals to invest in time-saving appliances like tumble dryers. This trend is further supported by technological advancements, with manufacturers introducing smart, automatic, and energy-efficient features, such as heat pump technology and Wi-Fi connectivity, to meet the growing demand for energy-efficient solutions. The expansion of e-commerce and direct sales channels is also contributing to the market's growth, providing consumers with easy access to a wide range of tumble dryer products.
The United States stands out as a key market within North America, driven by its high urbanization rate and a strong laundry care market. Major cities like New York, Los Angeles, Chicago, and Dallas are central to the market's expansion, supported by a network of service centers and retail stores. The fragmented nature of the market sees numerous players, including global manufacturers like Electrolux, Asko Appliances, Whirlpool, Bosch, and LG, competing by enhancing product features and expanding online sales channels. Recent product launches, such as Samsung's Bespoke laundry line and Equator Advanced Appliances' stackable set, highlight the ongoing innovation and adaptation to consumer needs. These dynamics make North America an attractive region for tumble dryer manufacturers to invest and expand their presence.
North America Tumble Dryers Market Size - Table of Contents
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1. MARKET DYNAMICS AND INSIGHTS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Sales of Major Household Appliances
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1.2.2 Increasing Rate of Urbanization in North America
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1.3 Market Restraints
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1.3.1 Higher Price of Fully Automatic Tumble Dryers
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1.4 Market Opportunities
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1.4.1 Increasing Demand for Smart Features Equipped Tumble Dryers
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Bargaining Power of Suppliers
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1.5.2 Bargaining Power of Buyers
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1.5.3 Threat of New Entrants
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1.5.4 Threat of Substitutes
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1.5.5 Intensity of Competitive Rivalry
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1.6 Technological Innovations in North America Tumble Dryer Market
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1.7 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Heat Pump Tumble Dryer
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2.1.2 Condenser Tumble Dryer
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2.1.3 Vented Tumble Dryer
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2.1.4 Gas Heated Tumble Dryer
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2.2 By Distribution Channel
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2.2.1 Online
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2.2.2 Offline
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2.3 By End User
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2.3.1 Residential
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2.3.2 Commercial
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2.4 By Country
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2.4.1 United States
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2.4.2 Canada
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2.4.3 Mexico
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2.4.4 Rest of North America
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North America Tumble Dryers Market Size FAQs
How big is the North America Tumble Dryers Market?
The North America Tumble Dryers Market size is expected to reach USD 3.51 billion in 2024 and grow at a CAGR of 4.12% to reach USD 4.30 billion by 2029.
What is the current North America Tumble Dryers Market size?
In 2024, the North America Tumble Dryers Market size is expected to reach USD 3.51 billion.