Market Size of United Kingdom Tumble Dryers Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 648.37 Million |
| Market Size (2029) | USD 914.48 Million |
| CAGR (2024 - 2029) | 7.12 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
United Kingdom Tumble Dryers Market Analysis
The United Kingdom Tumble Dryers Market size is estimated at USD 648.37 million in 2024, and is expected to reach USD 914.48 million by 2029, growing at a CAGR of 7.12% during the forecast period (2024-2029).
Rising living standards, increasing disposable incomes, and urbanization trends globally are fueling the growth of the tumble dryer market. Notably, tumble dryers consume significantly less electricity than traditional heating methods, making them an attractive choice for those looking to cut energy costs and prioritize conservation. Governments are recognizing this energy efficiency, rewarding tumble dryers with high Energy-Star ratings. These factors collectively indicate a strong and sustained demand for tumble dryers in the coming years.
The surge in sales of tumble dryers is predominantly driven by the growing disposable income of the middle class. Customers, increasingly tech-savvy in the digital age, are better equipped to understand and leverage the benefits of modern appliances, further boosting tumble dryer sales.
Online laundry services emerged as a significant game-changer, emphasizing deep cleaning and regular maintenance. These services not only assisted thousands but also played a pivotal role in alleviating nationwide concerns.
United Kingdom Tumble Dryers Industry Segmentation
A tumble dryer is an electric appliance designed to dry laundry by rotating it and directing warm air over it. The United Kingdom tumble dryers market is segmented by product, application, and distribution channel. By product, the market is segmented into heat pump tumble dryers, condenser tumble dryers, and vented tumble dryers. By application, the market is segmented into residential and commercial, and By distribution channel, the market is segmented into multi-brand stores, specialty stores, online, and others. The Report offers market size and forecasts for all the above segments in value (USD).
| By Product | ||||||
| Heat Pump Tumble Dryer | ||||||
| Condenser Tumble Dryer | ||||||
| Vented Tumble Dryer | ||||||
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United Kingdom Tumble Dryers Market Size Summary
The United Kingdom tumble dryers market is poised for significant growth, driven by rising living standards, increasing disposable incomes, and urbanization trends. The market is characterized by a shift towards energy-efficient appliances, as tumble dryers consume less electricity compared to traditional heating methods, making them an appealing choice for cost-conscious consumers. This energy efficiency has garnered recognition from governments, with high Energy-Star ratings enhancing their attractiveness. The market's expansion is further supported by the growing disposable income of the middle class and the increasing tech-savviness of consumers, who are more adept at leveraging the benefits of modern appliances. The emergence of online laundry services has also contributed to market growth, offering deep cleaning and regular maintenance, which address nationwide concerns and enhance convenience.
Commercial laundry tumble dryers are essential for the operations of various establishments, such as hotels and hospitals, which require efficient cleaning and drying of high volumes of bedding and other items. The rise of the hospitality sector and the increasing presence of laundry service providers are expected to sustain market expansion. The competitive landscape features prominent players like AEG, Baumatic, Beko, Bosch, and Brandt, who are actively innovating and expanding their product offerings. Recent developments, such as Bosch's introduction of compact washers and dryers and Brandt's acquisition of Wairarapa Machinery Services Ltd, highlight the dynamic nature of the market. These strategic moves underscore the ongoing commitment to innovation, sustainability, and meeting the evolving needs of consumers and businesses alike.
United Kingdom Tumble Dryers Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Increasing Demand for Tumble Dryers in Residential Segment
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1.2 Market Restraints
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1.3 Market Opportunities
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1.3.1 There is a Growing Market for Energy-Efficient Dryers.
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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1.5 Impact of COVID-19 on the market
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1.6 Insights into technological advancements in the furniture industry
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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 By Application
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2.1.4.1 Residential
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2.1.4.2 Commercial
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2.1.5 By Distribution Channel
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2.1.5.1 Multi-Brand Stores
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2.1.5.2 Specialty Stores
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2.1.5.3 Online
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2.1.5.4 Others
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United Kingdom Tumble Dryers Market Size FAQs
How big is the United Kingdom Tumble Dryers Market?
The United Kingdom Tumble Dryers Market size is expected to reach USD 648.37 million in 2024 and grow at a CAGR of 7.12% to reach USD 914.48 million by 2029.
What is the current United Kingdom Tumble Dryers Market size?
In 2024, the United Kingdom Tumble Dryers Market size is expected to reach USD 648.37 million.
