Market Overview:
The global retractable clothes dryer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and space-saving appliances across the globe. Additionally, the growing awareness about hygiene and cleanliness is also propelling the demand for retractable clothes dryers. On the basis of type, single-line retractable clothes dryers are expected to dominate the market during the forecast period owing to their low cost and easy installation as compared to multi-line retractable clothes dryers. On account of their high efficiency, commercial applications are anticipated to witness significant growth in this market over the next decade.
Product Definition:
A retractable clothes dryer is a device that helps to keep your clothes dry while you are on the go. It is important to have a retractable clothes dryer because it can help you avoid having wet clothes when you need them the most.
Single-line:
Single-line, it's usage and growth factor in Retractable clothes dryer market is expected to witness significant growth over the forecast period. The major factor that can be attributed to this increase in demand is due to technological advancements coupled with rising disposable income levels among consumers across the globe.
Global single-line, it's usage.
Multi-line:
Multi-line is a device used for drying more than two clothes at a time. It helps in reducing the time taken to dry the clothes and also saves energy by using less water. The multi-line dryers are available with different features such as steam, extra large, and turbo options among others.
Application Insights:
The household application segment accounted for the largest share of over 70.0% in 2017. The growing preference for laundry services among the consumers, especially in urban areas is expected to be a key factor driving the demand for retractable clothes dryers in this segment. In addition, high installation and maintenance costs associated with electric or gas connections are anticipated to restrain growth in this segment over the forecast period.
The commercial application was estimated at USD 446 million in 2017 and is projected to reach USD 603 million by 2030 at a CAGR of XX% from 2018 to 2030 attributed largely due to increasing number of hotels, restaurants and other hospitality industries across various regions including North America, Europe, Asia Pacific.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to increasing product adoption from emerging countries, such as China and India. In addition, rising disposable income levels coupled with a growing population are anticipated to fuel demand for laundry appliances in APAC over the next eight years.
Europe accounted for more than 25% of total revenue share in 2017 owing to high product penetration from major manufacturers including Tritan, Henkel AG & Co., LG Electronics Inc., and Mgintl Group S.A. High consumer awareness regarding hygiene and cleanliness along with an increase in spending power are key factors driving regional growth over the forecast period. North America is also projected to witness significant growth due retraction mechanism being patented by a U.S.-based company (Automatic Retractable Systems) which was later acquired by LG Electronics Inc.
Growth Factors:
- Increasing demand for energy-efficient appliances
- Rising disposable income of consumers
- Proliferation of online retailing platforms
- Growing popularity of compact and portable appliances
- Advances in technology that improve the performance and efficiency of retractable clothes dryers
Scope Of The Report
Report Attributes
Report Details
Report Title
Retractable Clothes Dryer Market Research Report
By Type
Single-line, Multi-line,
By Application
Household, Commercial,
By Companies
Daytek, Whitmor, Vileda, Air Dry, Ames, Austral, Brabantia, Minky, Cleva Cover, Evolution, Hills, Retractaline
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Retractable Clothes Dryer Market Report Segments:
The global Retractable Clothes Dryer market is segmented on the basis of:
Types
Single-line, Multi-line,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daytek
- Whitmor
- Vileda
- Air Dry
- Ames
- Austral
- Brabantia
- Minky
- Cleva Cover
- Evolution
- Hills
- Retractaline
Highlights of The Retractable Clothes Dryer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-line
- Multi-line
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Retractable Clothes Dryer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A retractable clothes dryer is a type of clothes dryer that can be retracted into a wall or cabinet when not in use. This allows more space to be used in the drying area, and it also prevents the machine from taking up too much space.
Some of the major players in the retractable clothes dryer market are Daytek, Whitmor, Vileda, Air Dry, Ames, Austral, Brabantia, Minky, Cleva Cover, Evolution, Hills, Retractaline.
The retractable clothes dryer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Retractable Clothes Dryer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Retractable Clothes Dryer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Retractable Clothes Dryer Market - Supply Chain
4.5. Global Retractable Clothes Dryer Market Forecast
4.5.1. Retractable Clothes Dryer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Retractable Clothes Dryer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Retractable Clothes Dryer Market Absolute $ Opportunity
5. Global Retractable Clothes Dryer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Retractable Clothes Dryer Market Size and Volume Forecast by Type
5.3.1. Single-line
5.3.2. Multi-line
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Retractable Clothes Dryer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Retractable Clothes Dryer Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Retractable Clothes Dryer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Retractable Clothes Dryer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Retractable Clothes Dryer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Retractable Clothes Dryer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Retractable Clothes Dryer Demand Share Forecast, 2019-2026
9. North America Retractable Clothes Dryer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Retractable Clothes Dryer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Retractable Clothes Dryer Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Retractable Clothes Dryer Market Size and Volume Forecast by Type
9.7.1. Single-line
9.7.2. Multi-line
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Retractable Clothes Dryer Demand Share Forecast, 2019-2026
10. Latin America Retractable Clothes Dryer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Retractable Clothes Dryer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Retractable Clothes Dryer Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Retractable Clothes Dryer Market Size and Volume Forecast by Type
10.7.1. Single-line
10.7.2. Multi-line
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Retractable Clothes Dryer Demand Share Forecast, 2019-2026
11. Europe Retractable Clothes Dryer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Retractable Clothes Dryer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Retractable Clothes Dryer Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Retractable Clothes Dryer Market Size and Volume Forecast by Type
11.7.1. Single-line
11.7.2. Multi-line
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Retractable Clothes Dryer Demand Share, 2019-2026
12. Asia Pacific Retractable Clothes Dryer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Retractable Clothes Dryer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Retractable Clothes Dryer Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Retractable Clothes Dryer Market Size and Volume Forecast by Type
12.7.1. Single-line
12.7.2. Multi-line
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Retractable Clothes Dryer Demand Share, 2019-2026
13. Middle East & Africa Retractable Clothes Dryer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Retractable Clothes Dryer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Retractable Clothes Dryer Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Retractable Clothes Dryer Market Size and Volume Forecast by Type
13.7.1. Single-line
13.7.2. Multi-line
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Retractable Clothes Dryer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Retractable Clothes Dryer Market: Market Share Analysis
14.2. Retractable Clothes Dryer Distributors and Customers
14.3. Retractable Clothes Dryer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Daytek
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Whitmor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vileda
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Air Dry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ames
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Austral
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Brabantia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Minky
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cleva Cover
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Evolution
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hills
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Retractaline
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
