Market Size of Europe Tumble Dryers Industry
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.81 Billion |
| Market Size (2029) | USD 3.48 Billion |
| CAGR (2024 - 2029) | 5.55 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Tumble Dryers Market Analysis
The Europe Tumble Dryers Market size is estimated at USD 2.81 billion in 2024, and is expected to reach USD 3.48 billion by 2029, growing at a CAGR of 5.55% during the forecast period (2024-2029).
Tumble dryers exist as a major appliance used for drying clothes. As the revenue and demand for major appliances in Europe are observing a continuous increase, it is expected to drive the market demand for tumble dryers as well. With a rising share of the urban population existing at more than 75% and an increasing employment rate, Europeans prefer efficient and time-saving appliances for their laundry and tumble dryers perform this work efficiently by drying the clothes shortly and quickly.
The average revenue per household and unit volume sold of major appliances and washing machines in Europe is observing a continuous rise, driving the sales of tumble dryers in the region. Diversification of tumble dryer sales through online channels of E-commerce and direct websites results in an increasing online revenue share of tumble dryers in the market.
Technological and product innovations lead to manufacturers equipping tumble dryers with sensors and smart features. Embedded Wi-Fi connectivity and voice assistance features of Google Assistance and Alexa help the user to access the tumble dryer remotely and various dryer cycles based on fabrics and types of load. With this trend, as the market size of smart appliances in Europe is observing a continuous rise, consumers are demanding tumble dryers equipped with smart features.
