Developing Country are the most attractive market for electric clothes dryer market during the forecast period 2018-2024
Electric
Clothes Dryer market is estimated to register a CAGR of 5.8% between 2018 and
2024. The growing demand of trailer from developing country and growing consumer electronic
appliance market is supporting the electric clothes dryer market growth. Clothes dryers have become common in developing
countries and are being largely adopted in developing countries. Electric
clothes dryer market is undergoing a transformation driven by highly efficient
heat pump dryer technology. One of the significant trends observed in the
market is the introduction of innovative features in electric dryers, such as
the use of smartphones to control appliances and wrinkle reduction technology.
The vendors are investing in technology and innovation to come up with a mechanism
within electric dryers that implements tumbling after a cycle to prevent
clothes from wrinkling. Moreover, factors such as the increasing emphasis on
improving heat pump dryers as they use less energy will also help in the
evolution of the market over the next four years. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World.
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