<img src="https://ml.globenewswire.com/Resource/Download/908fb457-7f8e-4a08-9081-5565e3dfb3d7?size=2" nborder="0" align="left" hspace="5" vspace="5" title="22157.jpg" alt="Company Logo"/>Accelerating urbanization, expanding residential infrastructure, and stringent energy efficiency regulations, highlighted by market leader Whirlpool Corporation’s (>13.4% share) portfolio expansion, LG Electronics’ and Samsung Electronics’ rapid rollout of ventless heat pump technology, and European market strength across Electrolux AB, BSH Home Appliances Group, and Miele & Cie.—are propelling the global cloth drying machine market from $21.7 billion in 2025 to a projected $41.6 billion by 2035, growing at a 6.8% CAGR. This 220-page study delivers a comprehensive evaluation across product types (electric dryers holding $17.8 billion, gas dryers), technology categories (heat pump dryers expanding at a 15.4% CAGR, condenser, vented), capacity tiers, and key geographic markets including Germany ($1.82 billion base).<div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
 Cloth Drying Machine Market
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 <img src="https://ml.globenewswire.com/Resource/Download/e3b3994b-9dc9-4e95-a073-c2afdeeed4cf" title="Cloth Drying Machine Market" alt="Cloth Drying Machine Market" />
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</div>Dublin, Aug. 14, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- The <a href="https://www.researchandmarkets.com/reports/6261987/cloth-drying-machine-market-opportunity-growth?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=z4td5h&amp;utm_campaign=2325634+-+Following+LG+and+Samsung%27s+Expansion+of+All-in-One+Ventless+Heat+Pump+Dryers%2c+New+Study+Projects+15.4%25+CAGR+for+Heat+Pump+Dryer+Segment&amp;utm_exec=clshmsai" rel="nofollow" target="_blank" title="Cloth Drying Machine Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026-2035">"Cloth Drying Machine Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026-2035"</a> has been added to ResearchAndMarkets.com's offering. <img alt="" height="400" src="//www.researchandmarkets.com/content-images/2528/2528178/1/cloth-drying-machine-market.png" width="600" /> The global cloth drying machine market was valued at USD 21.7 billion in 2025 and is estimated to grow at a CAGR of 6.8% to reach USD 41.6 billion by 2035. The global cloth drying machine market is witnessing growth as households place greater emphasis on convenience, energy savings, and advanced appliance performance. Rising demand for modern drying solutions is encouraging manufacturers to introduce products that combine lower energy consumption with improved drying efficiency. Regulatory initiatives promoting higher appliance efficiency standards continue to influence purchasing decisions and accelerate replacement demand for advanced drying technologies. Increasing electricity costs in several regions are also encouraging consumers to adopt products that offer lower operating expenses over their lifespan. Expanding urbanization, improving residential infrastructure, and rising disposable incomes continue to support the adoption of premium household appliances worldwide. In addition, ongoing product innovation, enhanced digital features, and the availability of multiple technology options across different price segments are creating new opportunities for manufacturers. These long-term market fundamentals, combined with greater consumer awareness of sustainable home appliances, are expected to drive continued growth in the global cloth drying machine market throughout the forecast period. The electric dryers segment generated USD 17.8 billion in 2025 and is anticipated to register a CAGR of 7.4% from 2026 to 2035. Electric dryers continue to account for the largest share of the global cloth drying machine market due to their broad availability, compatibility with advanced energy-efficient technologies, and extensive adoption across residential markets. The segment includes a wide variety of products that address different consumer budgets and performance requirements, enabling manufacturers to serve multiple customer groups through a single product category. Continued expansion of electrical infrastructure and increasing consumer preference for energy-efficient drying systems further reinforce the leadership of electric dryers across the market. The heat pump dryers segment reached USD 5 billion in 2025 and is projected to grow at a CAGR of 15.4% between 2026 and 2035. This technology is gaining significant traction because it delivers superior energy efficiency and lower operating costs compared with conventional drying systems. Growing consumer awareness of long-term energy savings, together with increasingly stringent appliance efficiency standards, continues to strengthen demand for heat pump dryers. Rising interest in environmentally responsible household appliances also supports broader adoption of this rapidly growing technology segment. The Germany cloth drying machine market reached USD 1.82 billion in 2025 and is expected to grow at a CAGR of 4.7% from 2026 to 2035. The country remains the largest regional market due to strong household appliance penetration and sustained demand for energy-efficient home solutions. Consumers continue to favor advanced drying technologies that reduce electricity consumption while maintaining reliable performance. Increasing urbanization, changing housing patterns, and continued emphasis on environmentally responsible appliances further support market expansion across Germany throughout the forecast period. Major companies operating in the global cloth drying machine market include Samsung Electronics, Whirlpool Corporation, Electrolux AB, LG Electronics, Panasonic Corporation, BSH Home Appliances Group, Midea Group, Miele &amp; Cie. KG, GE Appliances, Arcelik Hitachi Home Appliances, Havells India Ltd., Godrej Appliances, Fisher &amp; Paykel, Candy Hoover Group, Speed Queen, Beko, Schulthess Maschinen AG, Smeg S.p.A., Primus, V-ZUG AG, and Crosslee plc. Companies participating in the global cloth drying machine market focus on product innovation, energy-efficient technologies, and portfolio diversification to strengthen their competitive position. Manufacturers continue investing in research and development to improve drying performance, reduce energy consumption, and integrate advanced smart features that enhance user convenience. Many companies are expanding their product portfolios by introducing premium heat pump dryers, connected appliances, and compact models designed to meet changing consumer preferences. Strategic partnerships, broader retail distribution, and stronger online sales channels help companies improve market penetration and customer reach. Businesses also prioritize sustainable manufacturing practices, attractive product designs, and enhanced after-sales services to strengthen brand loyalty. Comprehensive Market Analysis and Forecast . Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape . Competitive landscape with Porter's Five Forces and PESTEL analysis . Market size, segmentation, and regional forecasts . In-depth company profiles, business strategies, financial insights, and SWOT analysis Key Attributes: <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Report Attribute</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">Details</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">No. of Pages</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">220</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Forecast Period</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">2025 - 2035</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Estimated Market Value (USD) in 2025</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">$21.7 Billion</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Forecasted Market Value (USD) by 2035</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">$41.6 Billion</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; ">Compound Annual Growth Rate</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ">6.8%</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; ">Regions Covered</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; ">Global</td></tr></table> Key Topics Covered: Chapter 1 Methodology &amp; Scope 1.1 Market scope and definition 1.2 Research design 1.2.1 Research approach 1.2.2 Data collection methods 1.3 Data mining sources 1.3.1 Global 1.3.2 Regional/Country 1.4 Base estimates and calculations 1.4.1 Base year calculation 1.4.2 Key trends for market estimation 1.5 Primary research and validation 1.5.1 Primary sources 1.6 Forecast model 1.7 Research assumptions and limitations Chapter 2 Executive Summary 2.1 Industry 360 synopsis 2.2 Key market trends 2.2.1 Regional 2.2.2 Type 2.2.3 Capacity 2.2.4 Technology 2.2.5 Price range 2.2.6 End use 2.2.7 Distribution channel Chapter 3 Industry Insights 3.1 Industry ecosystem analysis 3.1.1 Supplier landscape 3.1.2 Profit margin 3.1.3 Value addition at each stage 3.1.4 Factor affecting the value chain 3.2 Industry impact forces 3.2.1 Growth drivers 3.2.1.1 Rising adoption of heat pump dryers driven by energy efficiency regulations and growing eco-awareness among consumers 3.2.1.2 Increasing urbanization and dual-income households expanding demand for time-saving laundry solutions 3.2.1.3 Rapid growth of commercial laundry infrastructure in healthcare, hospitality, and wellness sectors 3.2.2 Pitfalls &amp; Challenges 3.2.2.1 High upfront costs and long replacement cycles limiting market penetration in price-sensitive regions 3.2.2.2 Competition from outdoor drying traditions and energy cost concerns in emerging economies 3.2.3 Opportunities 3.2.3.1 Integration of smart connectivity and IoT features enabling remote monitoring and energy optimization 3.2.3.2 Expansion of compact and stackable dryer formats for urban apartments and space-constrained markets 3.3 Growth potential analysis 3.4 Future market trends 3.5 Technology and innovation landscape 3.5.1 Current technological trends 3.5.2 Emerging technologies 3.6 Regulatory landscape 3.6.1 Standards and compliance requirements 3.6.2 Regional regulatory frameworks 3.6.3 Certification standards 3.7 Porter's analysis 3.8 PESTEL analysis 3.9 Pricing analysis (driven by primary research) 3.9.1 Historical price trend analysis (driven by primary research) 3.9.2 Pricing strategy by player type (premium/value/cost-plus) (driven by primary research) 3.9.3 Regional price variations 3.10 Trade data analysis (HS code 84211200) (driven by paid database) 3.10.1 Import/export volume and value trends (driven by paid database) 3.10.2 Key trade corridors and tariff impact (driven by paid database) 3.11 Impact of AI and generative AI on the market 3.11.1 AI-driven predictive maintenance 3.11.2 Smart home integration and GenAI use cases 3.11.3 Risks, limitations and regulatory considerations 3.12 Capacity and production landscape (driven by primary research) 3.12.1 Installed capacity by region and key producer (driven by primary research) 3.12.2 Capacity utilization rates and expansion pipelines (driven by primary research) Chapter 4 Competitive Landscape, 2025 4.1 Introduction 4.2 Company market share analysis 4.2.1 by Region 4.2.1.1 North America 4.2.1.2 Europe 4.2.1.3 Asia-Pacific 4.2.1.4 Latin America 4.2.1.5 Middle East &amp; Africa 4.3 Company matrix analysis 4.4 Competitive analysis of major market players 4.5 Competitive positioning matrix 4.6 Key developments 4.6.1 Mergers &amp; acquisitions 4.6.2 Partnerships &amp; collaborations 4.6.3 New product launches 4.6.4 Expansion plans Chapter 5 Market Estimates &amp; Forecast, by Type, 2022-2035, (USD Billion) (Thousand Units) 5.1 Key trends 5.2 Gas dryers 5.3 Electric dryers Chapter 6 Market Estimates &amp; Forecast, by Capacity, 2022-2035, (USD Billion) (Thousand Units) 6.1 Key trends 6.2 Up to 8 kg 6.3 8 kg to 15 kg 6.4 Above 15 kg Chapter 7 Market Estimates &amp; Forecast, by Technology, 2022-2035, (USD Billion) (Thousand Units) 7.1 Key trends 7.2 Vented dryers 7.3 Condenser dryers 7.4 Heat pump dryers Chapter 8 Market Estimates &amp; Forecast, by Price Range, 2022-2035, (USD Billion) (Thousand Units) 8.1 Key trends 8.2 Economy 8.3 Mid-range 8.4 High/premium Chapter 9 Market Estimates &amp; Forecast, by End Use, 2022-2035, (USD Billion) (Thousand Units) 9.1 Key trends 9.2 Residential 9.3 Commercial 9.3.1 Hotels &amp; restaurants 9.3.2 Healthcare facilities 9.3.3 Spas &amp; wellness centers 9.3.4 Others (gyms, coin-operated laundries, etc.) Chapter 10 Market Estimates &amp; Forecast, by Distribution Channel, 2022-2035, (USD Billion) (Thousand Units) 10.1 Key trends 10.2 Online 10.3 Offline Chapter 11 Market Estimates &amp; Forecast, by Region, 2022-2035, (USD Billion) (Thousand Units) 11.1 Key trends 11.2 North America 11.2.1 U.S. 11.2.2 Canada 11.3 Europe 11.3.1 Germany 11.3.2 UK 11.3.3 France 11.3.4 Italy 11.3.5 Spain 11.3.6 Russia 11.4 Asia-Pacific 11.4.1 China 11.4.2 Japan 11.4.3 India 11.4.4 South Korea 11.4.5 Australia 11.5 Latin America 11.5.1 Brazil 11.5.2 Mexico 11.5.3 Argentina 11.6 MEA 11.6.1 Saudi Arabia 11.6.2 UAE 11.6.3 South Africa Chapter 12 Company Profiles 12.1 Top Global Players 12.1.1 Whirlpool Corporation 12.1.2 BSH Home Appliances Group 12.1.3 LG Electronics 12.1.4 Samsung Electronics 12.1.5 Electrolux AB 12.1.6 Midea Group 12.1.7 Panasonic Corporation 12.2 Regional Champions 12.2.1 Miele &amp; Cie. KG 12.2.2 Arcelik Hitachi Home Appliances 12.2.3 GE Appliances 12.2.4 Godrej Appliances 12.2.5 Havells India Ltd. 12.2.6 Candy Hoover Group 12.2.7 Fisher &amp; Paykel 12.3 Emerging &amp; Specialized Players 12.3.1 Speed Queen 12.3.2 Schulthess Maschinen AG 12.3.3 Smeg S.p.A. 12.3.4 Beko 12.3.5 Primus 12.3.6 V-ZUG AG 12.3.7 Crosslee plc For more information about this report visit <a href="https://www.researchandmarkets.com/reports/6261987/cloth-drying-machine-market-opportunity-growth?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=z4td5h&amp;utm_campaign=2325634+-+Following+LG+and+Samsung%27s+Expansion+of+All-in-One+Ventless+Heat+Pump+Dryers%2c+New+Study+Projects+15.4%25+CAGR+for+Heat+Pump+Dryer+Segment&amp;utm_exec=clshmsai" rel="nofollow" target="_blank" title="">https://www.researchandmarkets.com/r/gwp60w</a> About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. 
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