Electric Dryers Market Report - Business Overview, New Trends, and Forecast
The Electric Dryers Global Market Report 2021-31 by The Business Research Company describes and explains the global electric dryers market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Electric Dryers Global Market Report 2022 covers electric dryers market drivers, electric dryers market trends, electric dryers market segments, electric dryers market growth rate, electric dryers market major players, and electric dryers market size.
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https://www.thebusinessresearchcompany.com/report/electric-dryers-global-market-report
The electric dryers market report provides in-depth analysis of the impact of COVID-19 on the global electric dryers industry along with revised market numbers due to the effects of the coronavirus and the expected electric dryers market growth numbers for 2022-2031.
The global electric dryers market size is expected to grow from $11.15 billion in 2021 to $11.96 billion in 2022 at a compound annual growth rate (CAGR) of 7.2%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric dryer market share is expected to reach $14.77 billion in 2026 at a CAGR of 5.4%.
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