Cloth Drying Machines

Global Cloth Drying Machines Market to Reach US$17.6 Billion by 2030

The global market for Cloth Drying Machines estimated at US$14.3 Billion in the year 2024, is expected to reach US$17.6 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2024-2030. Electric Cloth Drying Machines, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$9.3 Billion by the end of the analysis period. Growth in the Gas Cloth Drying Machines segment is estimated at 2.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.9 Billion While China is Forecast to Grow at 6.6% CAGR

The Cloth Drying Machines market in the U.S. is estimated at US$3.9 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.5 Billion by the year 2030 trailing a CAGR of 6.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.3% and 2.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.0% CAGR.

Global Cloth Drying Machines Market - Key Trends & Drivers Summarized

What Factors Are Driving the Expansion of Cloth Drying Machines?

The increasing demand for convenience-based home appliances has significantly influenced the growth of the cloth drying machines market. Modern consumers, especially in urban settings, are moving toward automated solutions that save time and energy. This shift is largely attributed to evolving lifestyles, rising disposable incomes, and a growing inclination toward smart home technologies. As a result, the penetration of advanced drying technologies such as heat pump dryers, ventless dryers, and smart IoT-enabled machines has witnessed a notable surge. These devices offer superior efficiency, reduced energy consumption, and enhanced drying performance, making them a preferred choice for consumers. The rise in dual-income households, particularly in metropolitan regions, has further escalated the adoption of cloth drying machines. With increased workload and limited time for household chores, consumers are increasingly investing in automated laundry solutions. Additionally, the expansion of real estate developments with space constraints in high-density cities has created a need for compact and stackable drying solutions, accelerating market demand.

How Is Technology Transforming Cloth Drying Machines?

Advancements in technology have revolutionized the cloth drying machine industry, with manufacturers focusing on energy efficiency, smart connectivity, and improved fabric care. The integration of AI-powered sensors and IoT-enabled features allows users to monitor and control drying cycles remotely via smartphones. This not only enhances user convenience but also optimizes energy consumption and prevents over-drying—a crucial aspect for protecting delicate fabrics. Additionally, the introduction of heat pump technology has gained substantial traction, particularly in Europe and North America, due to its energy-saving capabilities. Unlike conventional dryers, heat pump dryers use significantly less electricity while maintaining drying effectiveness. Moreover, government regulations and incentives promoting eco-friendly appliances have pushed manufacturers to innovate and produce Energy Star-certified models that align with sustainability goals. Further, waterless drying technologies and ultrasonic drying innovations are emerging as game changers, promising reduced drying times and minimized environmental impact. These technological advancements cater to the evolving consumer demand for sustainable and cost-effective solutions, further bolstering market expansion.

Why Are Emerging Markets Key to Future Growth?

The Asia-Pacific region, led by countries such as China, India, and Japan, is expected to witness the highest growth in the cloth drying machines market. Rapid urbanization, increasing disposable incomes, and shifting lifestyle patterns are the key contributors to this growth. With the rise of smart homes and connected appliances, consumers in emerging economies are increasingly willing to invest in advanced laundry solutions that offer efficiency, durability, and time savings. Moreover, the expansion of e-commerce channels and retail partnerships has made it easier for consumers to access a wider range of international and domestic brands. Online platforms provide comparative analysis, customer reviews, and attractive financing options, further encouraging adoption in price-sensitive markets.

In addition to Asia-Pacific, Latin America and the Middle East are also emerging as lucrative markets. An expanding middle-class population with rising aspirations for premium home appliances is fueling demand. The increasing adoption of energy-efficient dryers in these regions is being further driven by government efforts to promote sustainable living through energy efficiency regulations and rebates.

What Are the Key Drivers Fueling Market Growth?

The growth in the cloth drying machines market is driven by several factors, including changing consumer preferences, technological advancements, and evolving lifestyle dynamics. One of the most significant drivers is the rising demand for smart home appliances, where connected and automated machines enhance convenience and efficiency. Additionally, the growing concerns over hygiene and sanitation have increased the adoption of dryers that offer germ-killing steam cycles and allergen-reducing features. Another crucial factor is urbanization and shrinking living spaces, particularly in densely populated cities where outdoor drying is becoming less feasible. This has led to higher demand for ventless and space-saving drying solutions. Furthermore, environmental sustainability trends are pushing manufacturers to invest in eco-friendly technologies, such as heat pump dryers and hybrid drying systems, which consume less energy and have a lower carbon footprint. The surge in demand for commercial cloth drying solutions, particularly in hospitality, healthcare, and laundromats, also contributes to market expansion. These industries require efficient drying solutions that can handle large volumes of laundry while ensuring high levels of hygiene and fabric care. With continuous advancements and an evolving consumer landscape, the global cloth drying machines market is poised for sustained growth, driven by innovation, energy efficiency, and increasing consumer demand for convenience-based solutions.

SCOPE OF STUDY:

The report analyzes the Cloth Drying Machines market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Electric Cloth Drying Machines, Gas Cloth Drying Machines); Technology (Vented Technology, Condensed Technology)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 48 Featured) -

• Amana Corporation
• Beko (Arçelik A.S.)
• Bosch Home Appliances
• Candy (Haier Europe)
• Electrolux AB
• Fisher & Paykel Appliances
• General Electric (GE) Appliances
• Haier Group Corporation
• Hitachi Appliances, Inc.
• Indesit Company
• LG Electronics
• Maytag Corporation
• Miele
• Panasonic Corporation
• Samsung Electronics
• Sharp Corporation
• Siemens Home Appliances
• Speed Queen (Alliance Laundry Systems)
• Toshiba Corporation
• Whirlpool Corporation

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

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INDIA
176 OTHER COUNTRIES.

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