Europe Cloth Drying Products Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Rotary Dryer, Wall-Mounted Dryer, and Drying Rack) and Distribution Channel (Supermarket and Hypermarkets, Specialty Stores, Online Retail, and Others)
The Europe cloth drying products market is expected to grow from US$ 995.95 million in 2022 to US$ 1,314.65 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2022 to 2028.
Over the past few years, environmental sustainability has become one of the prime matters of concern. Global warming has caused a long-term shift in the earth’s temperature and weather patterns, which are negatively impacting the entire ecosystem. Global warming has resulted in food and water scarcity and extreme heat, severely affecting people's health across Europe. Concerns over climate change and global warming are increasing rapidly, and consumers are shifting toward sustainable living. They are adopting products with low carbon emissions to contribute toward environmental sustainability. A tumble dryer consumes an enormous amount of energy. Thus, rising sustainability concerns among consumers are boosting the Europe cloth drying products market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe cloth drying products market growth at a notable CAGR during the forecast period.
Europe Cloth Drying Products Market Revenue and Forecast to 2028 (US$ Million)
Europe Cloth Drying Products Market Segmentation
The Europe cloth drying products market is segmented into product type, distribution channel, and country. Based on product type, the market is segmented into rotary dryer, wall-mounted dryer, and drying rack. Based on distribution channel, the Europe cloth drying products market is categorized into supermarket and hypermarkets, specialty stores, online retail, and others. Based on country, the Europe cloth drying products market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe.
Europe Cloth Drying Products Market - Companies Mentioned
Addis Housewares Ltd.; Brabantia Branding B.V.; Honey-Can-Do International LLC; Freudenberg Home and Cleaning Solutions GmbH; INTER IKEA SYSTEMS B.V.; JOMOO KITCHEN & BATH CO., LTD.; Julu Ltd.; RACKBUDDY; Vale Mill (Rochdale) Ltd.; Juwel; and Leifheit AG. are a few major companies operating in the Europe cloth drying products market.
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