According to the latest report by IMARC Group, “Global Hand Dryer Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global hand dryer market reached a value of US$ 792.1 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,546.8 Million by 2027, exhibiting a CAGR of 11.20% during 2022-2027.
A hand dryer refers to an electronic appliance used for drying hands. It is utilized in public washrooms as an affordable alternative to paper towels. Its commercially available variants include automatic, high-speed, and push-button hand dryers. It is activated through buttons that trigger a sensor to detect motion, allowing the motor to release heated air for drying purposes. It also eliminates the risk of spreading pathogens and cross-contamination by maintaining an optimal level of hygiene and cleanliness.
Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Hand Dryer Market Trends and Drivers:
The global hand dryer market is primarily driven by the increasing demand for automatic hand dryers for maintaining hygiene in the healthcare and hospitality sectors. Moreover, escalating demand for contactless hand-dryers amid the sudden coronavirus disease (COVID-19) outbreak to control the spread of the virus is another major growth-inducing factor. Additionally, the introduction of blade hand dryers to reduce the bacterial spread in the washroom contributes to market growth. Besides this, the surging environmental consciousness among individuals and increasing preference for eco-friendly devices over towels and tissues to save paper has accelerated the product adoption rate.
Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/hand-dryer-market/requestsample
Furthermore, favorable initiatives by the government of numerous countries for installing hand dryers in the commercial sector to strengthen infrastructure and ensure consumer safety is catalyzing the market growth. Other factors, including rapid technological advancements to mandate the prevalent hygiene requirements, and strategic collaborations among key players for launching efficient and affordable product variants, are also anticipated to propel the market growth.
Global Hand Dryer Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
- American Specialties Inc.
- Bobrick Washroom Equipment Inc.
- Dyson Limited
- Euronics Industries Pvt Ltd
- Excel Dryer Inc.
- Hokwang Industries Co. Ltd
- Jaquar Group
- Mitsubishi Electric Corporation
- Palmer Fixture Company
- Panasonic Corporation
- Saniflow Hand Dryer Corporation
- World Dryer Corporation (Zurn Water Solutions Corporation).
Ask Analyst for customized Report with TOC & List of Figure: https://www.imarcgroup.com/hand-dryer-market
The report has segmented the market on the basis of region, product, operation mode, mounting technique and end user.
Breakup by Product:
- Hot Air
- Jet Air
Breakup by Operation Mode:
- Push Button Hand Dryer
- Automatic Hand Dryer
Breakup by Mounting Technique:
- Surface Mounted
- Wall Mounted
Breakup by End User:
- Hotel
- Hospitals and Clinics
- Food Processing and Service Industry
- Commercial Complexes
- Office Buildings
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800