Global Hand Dryer Market Size, Trends and Growth Opportunity, By Type (Hot Hand Dryer and Jet Hand Dryer), By End-User (Hotels, Hospitals & Clinics, Food Processing and Service Industry, Commercial Complexes, Office Buildings and Others), By Mode of Operation (Push Button Hand Dryer and Automatic Hand Dryer), By Region and Forecast Till 2027
Global Hand Dryer Market
The global hand dryer market was valued at US$ 791.5 million in 2021 and it is expected to reach at US$ 2,900 million in 2027 at a CAGR of 12.9 % during forecast period 2022-2027.
Hand Dryer is a device that uses air blowing or heating technology to help dry wet hands. Hand Dryer widely used in public toilets, hotels, hospitals and clinics and others. It helps in maintaining cleanliness and hygiene and it activate through buttons, and it is available in varying types, such as push-button, high-speed, and automatic hand dryer.
Market Drivers
Increasing demand for useful technology and rising number of restaurants, hotels, hospital and clinics is contributing to increasing product adoption. The development of smart infrastructure is also likely to offer path for market development. Moreover automatic hand dryer do not require any human touch to operate as it minimizing social efforts, which is fueling the growth of this market.
Market Restraint
Due to high cost of initial installation of these devices as compared to paper towels is one of the key aspects hampering the acceptance of hand dryer, noise pollution by these devices is also one of the restraining factor in this market.
COVID-19 Impact on Hair Dryer Market
With the outbreak of covid-19 has impacted positively as automatic hand dryers offers contactless hand-drying experience which in turn prevents the spread of virus significantly. Moreover other factor such as rapid technological advancement, initiative by government for the installation of hand dryers in the commercial sector to ensure consumer safety and strengthen the infrastructure.
Market Segmentation
The global hand dryer market segmented on the basis of type, end-user and mode of operation. On the basis of type it segmented into hot hand dryer, jet hand dryer. On the basis of end-user it segmented into hotels, hospitals & clinics, food processing and service industry, commercial complexes, office buildings and others. On the basis of mode of operation it segmented into push button hand dryer and automatic hand dryer.
Regional Analysis
The global hand products market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Europe is witnessing a significant growth the global market due to increasing adoption of cost-effective and ecological devices. Asia Pacific is also projected a significant growth due to rising demand for smart infrastructure in this region.
Key Players
Various key players are listed in this report such as American Dryer, LLC., Dyson Technology India Pvt Ltd, Electrostar, Euronics Industries Pvt Ltd, Jaguar Group Sdn. Bhd, Excel Dryer, Panasonic Corporation, Mitsubishi Electric Corporation, SPL NZ, Bobrick Washroom Equipment Inc.
Market Taxonomy
By Type
Hot hand dryer
Jet hand dryer
By End-User
Hotels
Hospitals & clinics
Food processing and service industry
Commercial complexes
Office buildings
Others.
By Mode of Operation
Push Button Hand Dryer
Automatic Hand Dryer.
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global Hand Dryer Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
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