According to the latest report by IMARC Group, “Global Hand Dryer Market Research: 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.
Hand dryer stands for an electronic appliance that is widely installed across public washrooms as a cost-effective and eco-friendly alternative to paper for drying hands. It helps in maintaining a high level of cleanliness and hygiene, along with eliminating the risk of cross-contamination. Hand dryers are integrated with motion sensors which activate the motor for releasing warm air for drying purposes. Some of the common product variants include push-button, high-speed, and automatic hand dryers.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Hand Dryer Market Trends and Drivers:
The rising adoption of automatic hand dryers across numerous industries, such as healthcare and hospitality, for maintaining hygiene is primarily driving the global hand dryer market. Additionally, the increasing environmental consciousness has led to the changing shift from paper towels and tissues to hand dryers, which is further augmenting the market growth.
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Besides this, the introduction of numerous advanced product variants with blade hand dryers for minimizing bacterial spread in the washroom is acting as a significant growth-inducing factor. Moreover, the sudden outbreak of the COVID-19 pandemic is catalyzing the adoption of automatic hand dryers that offer a contactless hand-drying experience, which, in turn, aids in inhibiting the spread of the coronavirus infection.
In the coming years, the launch of several government initiatives for the installation of hand dryers in the commercial sector for ensuring consumer safety will continue to drive the market growth on a global level.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Hand Dryer Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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, and World Dryer Corporation (Zurn Water Solutions Corporation).
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:
- Hospitals and Clinics
- Food Processing and Service Industry
- Commercial Complexes
- Office Buildings
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
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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.
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