Report : South & Central America Cloth Drying Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Rotary Dryer, Wall-Mounted Dryer, and Drying Rack) and Distribution Channel (Supermarket and Hypermarkets, Specialty Stores, Online Retail, and Others)
At 3.8% CAGR, the South & Central America Cloth Drying Products Market is speculated to be worth US$ 313.20 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the South & Central America cloth drying products market was valued at US$ 250.49 million in 2022 and is expected to reach US$ 313.20 million by 2028, registering an annual growth rate of 3.8% from 2022 to 2028. Benefits of line drying over machine/tumble drying and growing awareness regarding environmental sustainability are the critical factors attributed to the market expansion.
Line drying of clothes is quite beneficial, especially when compared to machine drying or tumble drying. Tumble dryers use excessive heat to dry out the laundry, which reduces their shine and causes wear and tear to fabrics. Some delicate fabrics get damaged due to excessive heat used by tumble dryers, and the damage caused is sometimes irreversible. Line drying is gentle on clothes, increasing their life and providing natural shine to the fabrics. It is also helpful in preventing wrinkles and creases on clothes, eventually eliminating the need for ironing. Line dryers or drying racks are much more affordable than machine dryers. Moreover, they require less cost of maintenance than machine dryers. The use of bleaches and harsh fabric cleaners can be avoided by line drying clothes in sunlight as the sun's ultraviolet (UV) rays act as a natural bleaching agent and kill bacteria and pathogens in the fabrics. Many people, who are allergic to bleaches and fabric cleaners, prefer line drying the clothes instead of machine drying. Line drying reduces the overall consumption of electricity, by which consumers can save on utility bills. The awareness regarding the benefits of line drying laundry is increasing among consumers worldwide. Therefore, consumers are increasingly preferring clothesline dryers over expensive tumble dryers. Clothesline dryers come in a variety of types. They are portable, wall-mounted, and rotatable. Their height can also be adjusted according to consumer requirements, making them highly convenient and easy to use. Clothesline dryers are generally made of anticorrosive metal, appropriate for different weather conditions. Clothesline dryers are foldable, making them easier to store. The rising awareness related to the benefits of line drying over machine drying or tumble drying is, therefore, driving the growth of the cloth drying products market.
On the contrary, unfavorable weather conditions hamper market South & Central America cloth drying products market.
Based on product type market is segmented into rotary dryer, wall-mounted dryer, drying rack. The drying rack segment held 52.96% market share in 2022, amassing US$ 132.67 million. It is projected to garner US$ 159.55 million by 2028 to expand at 3.1% CAGR during 2022–2028.
Based on distribution channel, the South & Central America cloth drying products market is segmented into supermarkets and hypermarkets, specialty stores, online retail and others. The supermarkets and hypermarkets segment held 46.06% market share in 2022, amassing US$ 115.37 million. It is projected to garner US$ 148.65 million by 2028 to expand at 4.3% CAGR during 2022–2028.
Based on country, the South & Central America cloth drying products market has been categorized into the Brazil, Argentina and Rest of South & Central America. Our regional analysis states that Rest of SAM captured 54.92% market share in 2022. It was assessed at US$ 137.56 million in 2022 and is likely to hit US$ 167.36 million by 2028, exhibiting a CAGR of 3.3% during the forecast period.
Key players dominating the South & Central America cloth drying products market are Brabantia Branding B.V.; Freudenberg Home and Cleaning Solutions GmbH; INTER IKEA SYSTEMS B.V.; JOMOO KITCHEN & BATH CO., LTD.; and Leifheit AG.
- In 2019, Leifheit has developed rotary dryer, with the arms closed, can be conveniently left outside; this is a wealth of innovative product that save time and make housework easier.
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