United Kingdom Tumble Dryers Market Size
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 Market Trends
Demand for Tumble Dryers is being Driven by the UK's Exceptionally Cold Weather.
Traditional methods of drying clothes, reliant on solar radiation, faced challenges due to the Earth's evolving climate conditions, primarily driven by climate change. This led to the necessity for the development of drying machines. In regions like the UK, where weather conditions or limited outdoor space often hinder air-drying, these machines have become a household staple. Beyond convenience, laundry dryers offer notable advantages, from reducing wrinkles to effectively sanitizing clothes by eliminating bacteria and germs. With disposable incomes on the rise and lifestyles growing busier, the demand for laundry dryers is set to surge in the coming years.
Demand for Tumble Dryers in Commercial Segment
Commercial laundry tumble dryers play a pivotal role in the day-to-day operations of various commercial establishments, notably hotels, hospitals, and laundry service providers. Hotels and hospitals, in particular, deal with a high volume of sheets, pillowcases, curtains, and blankets daily. Given the limited supply of such bedding, these establishments must launder and dry them daily. Ensuring the swift and effective cleaning and drying of bedding, along with other items like clothes and toiletries, is paramount for their operations. Consequently, they rely on tumble dryers to achieve optimal results efficiently. The prevalence of such establishments is on the rise, a trend expected to persist. The growth of the hospitality sector and the increasing presence of laundry service conglomerates further bolster the outlook for market expansion.
United Kingdom Tumble Dryers Industry Overview
The market report's competitive landscape and company profiles highlight the prominent players in the industrial tumble dryer market. These assessments consider factors such as key developments, market strategies, market positioning, geographic reach, and other significant metrics. Noteworthy players in this sector include AEG, Baumatic, Beko, Bosch, and Brandt.
United Kingdom Tumble Dryers Market Leaders
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AEG
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Baumatic
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Beko
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Bosch
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Brandt
*Disclaimer: Major Players sorted in no particular order
United Kingdom Tumble Dryers Market News
- In June 2024, Bosch, a leader in home appliances, unveiled two new lines of compact washers and dryers. These models cater to consumers who desire full-size performance in limited living spaces. Positioned alongside Bosch's established 500 and 800 Series, these machines boast advanced features uncommon in Bosch's compact range.
- In August 2023: The Brandt Group of Companies acquired the assets of Wairarapa Machinery Services Ltd. This acquisition marks 139 dealerships owned and operated by Brandt, a private, family-owned business headquartered in Regina, Saskatchewan, Canada, across New Zealand, Australia, and Canada.
- In July 2023: Electrolux Group launched its CIH partner program. A simple, effective, and rewarding structure that invites independent retailers who are members of Euronics to partner with the brand for innovation, sustainability, and growth.
United Kingdom Tumble Dryers Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions & Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Market Drivers
- 4.1.1 Increasing Demand for Tumble Dryers in Residential Segment
- 4.2 Market Restraints
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4.3 Market Opportunities
- 4.3.1 There is a Growing Market for Energy-Efficient Dryers.
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
- 4.5 Impact of COVID-19 on the market
- 4.6 Insights into technological advancements in the furniture industry
5. MARKET SEGMENTATION
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5.1 By Product
- 5.1.1 Heat Pump Tumble Dryer
- 5.1.2 Condenser Tumble Dryer
- 5.1.3 Vented Tumble Dryer
- 5.1.4 By Application
- 5.1.4.1 Residential
- 5.1.4.2 Commercial
- 5.1.5 By Distribution Channel
- 5.1.5.1 Multi-Brand Stores
- 5.1.5.2 Specialty Stores
- 5.1.5.3 Online
- 5.1.5.4 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 Whirlpool
- 6.2.2 Bosch
- 6.2.3 Electrolux
- 6.2.4 LG
- 6.2.5 Samsung
- 6.2.6 Miele
- 6.2.7 Haier
- 6.2.8 Hitachi
- 6.2.9 Kenmore
- 6.2.10 Beko*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER
** Subject To AvailablityUnited 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 | ||
By Application | Residential | |
Commercial | ||
By Distribution Channel | Multi-Brand Stores | |
Specialty Stores | ||
Online | ||
Others |
United Kingdom Tumble Dryers Market Research 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.
Who are the key players in United Kingdom Tumble Dryers Market?
AEG, Baumatic, Beko, Bosch and Brandt are the major companies operating in the United Kingdom Tumble Dryers Market.
What years does this United Kingdom Tumble Dryers Market cover, and what was the market size in 2023?
In 2023, the United Kingdom Tumble Dryers Market size was estimated at USD 602.21 million. The report covers the United Kingdom Tumble Dryers Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Tumble Dryers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
United Kingdom Tumble Dryers Industry Report
Statistics for the 2024 United Kingdom Tumble Dryers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Kingdom Tumble Dryers analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.