Global Gas Dryer Market: size was valued at US$ 7.31 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 4.0% through 2022 to 2027, reaching nearly US$ 9.25 Bn.
Global Gas Dryer Market Overview:
This Global Gas Dryer Market study's purpose is to give an overview of the Global Gas Dryer market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Global Gas Dryer companies, as well as notable industry trends and prospects.
Market Scope:
The research also focuses on the top industry players in the Global Gas Dryer market, including details such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information.
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Global Gas Dryer Market Dynamic:
Gas dryers are important household appliances that allow clothes to dry quickly while also absorbing moisture. Natural gas or liquid propane are used to power gas dryers, and it is typically suggested that they be installed by professionals. The use of gas dryers is increasing as the number of laundry services grows. During the forecast period, the global gas dryer market is expected to be driven by lower operating costs and cheap pricing. However, the availability of other alternatives (electric dryers and washing machines) is expected to limit the gas dryer market growth during the forecast period.
Global Gas Dryer Market Segmentation:
Based on the Product Type, the market is segmented into With Steam Function, and Without Steam Function. The gas dryer with steam function segment is expected to hold the largest market share of xx% by 2027. Steam function dryers have an additional cycle that adds steam to the mix. This type of dryer can save you money on electricity and come with options like scheduled drying and delicate cycles. A traditional dryer dries your wet garments by blowing hot air over them, causing the moisture to evaporate. A steam function dryer utilizes hot air to dry clothes as well, but it also contains a steam cycle, in which moist air permeates the materials, softening them and reducing wrinkles. Steam function dryers can use steam in a variety of ways. Some dryers, for example, produce a fine mist, while others produce a clear stream of steam. Both methods of applying steam, however, can have the same results. These are the factors that are expected to drive the growth of this segment in the gas dryers market during the forecast period.
Global Gas Dryer Market Key Players:
• GE Appliances (Haier Company)
• Amana
• Samsung
• Whirlpool Corporation
• LG Electronics
• Maytag
• Frigidaire
• Electrolux AB
• Speed Queen
• Transform SR Brands LLC(Kenmore)
• AMI Cooling System
• Neotech Energy Systems Pvt Ltd
• DCC Print Vision LLP
• L Tech Engineering
• NS Steam System
• Delair India Private Limited
• Perma Pure India Ltd
Regional Analysis:
The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Global Gas Dryer market in these regions.
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COVID-19 Impact Analysis on Global Gas Dryer Market:
Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Global Gas Dryer market and will assist you in developing your business in accordance with the new industry standards.
Key Questions answered in the Global Gas Dryer Market Report are:
- Which product segment had the largest share in the Global Gas Dryer market in 2020?
- How is the competitive landscape of the Global Gas Dryer market?
- Which are the key factors aiding the Global Gas Dryer market growth?
- Which region holds the maximum share in the Global Gas Dryer market?
- What will be the CAGR of the Global Gas Dryer market during the forecast period (2021-2027)?
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