Hand Dryer Market Major Drivers, Trends, Growth and Demand Report...

Hand Dryer Market Major Drivers, Trends, Growth and Demand Report 2029

Posted 2023-11-01 14:42:11

Hand Dryer Market Overview

According to Maximize Market Research, a renowned global business research and consultancy firm, the total global market for the "Hand Dryer Market" size was valued at USD 970.5 million in 2022 and the total Hand Dryer Market revenue is expected to grow at a CAGR of 10 % from 2023 to 2029, reaching nearly USD 1891.23 million. This growth is attributed to various factors such as technological advancements, increasing demand for the product/service, expanding market penetration, and favourable industry trends.

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The Hand Dryer Market report meticulously estimates market size, scrutinizing both current and future trends. It delves into essential aspects, including key developments, marketing strategies, supply-demand indicators, and company profiles. Employing a bottom-up approach, drawing from primary and secondary data sources, the report presents a comprehensive analysis spanning local, regional, and global dimensions, enhancing the depth of insights. The report encompasses historical data, prevailing trends, technological innovations, and an assessment of market risks, drivers, opportunities, and challenges. Utilizing SWOT and PORTER analysis, the report serves as a comprehensive guide for investors and stakeholders in the Hand Dryer market.

Market Dynamics:

Hand dryers are Used in the Healthcare Sector for Savings and Infection Control:

Growing environmental sustainability concerns around the world are a major factor driving the hand dryer industry. Paper towels are becoming less popular among consumers and companies because of their negative environmental effects. For example, using hand dryers like the Dyson Airblade reduces paper waste and related carbon emissions, which is in line with eco-conscious practises and encourages their adoption. The need for touchless hand dryers has increased due to the emphasis on hygiene, particularly in the wake of the COVID-19 pandemic. Touchless and hygienic models, such as the Excel Dryer's ThinAir, are becoming more and more popular as a safer substitute for conventional towel dispensers. Energy-efficient hand dryers are being promoted by governments and organisations worldwide as part of their environmental initiatives.

Hand Dryer Market Segmentation

by Type

Hot hand dryer
Jet hand dryer

Based on Product Type: Given their different uses and adoption rates, hot and jet hand dryers in particular are the two types of hand dryers that are used to segment the global hand dryer market. Hot hand dryers are used in many areas, including public toilets and commercial settings, because they are generally dependable and affordable. When speed is not the main consideration, they are a well-liked option in busy regions. The remarkable drying speed and hygienic features of jet hand dryers have made them quite popular.

by Operation

Push Button
Automatic

by End User

Hotel
Hospitals And Clinics
Food Processing And Service Industry
Commercial Complexes
Office Buildings
Others

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Hand Dryer Market Key Players

Key players in the Hand Dryer market are featured in the report.

1. Askon Hygiene Products Pvt Ltd.
2. American Dryer, LLC.
3. Aqualoo- West Coast Commercial Industries (WCCI) Pty Ltd.
4. Biodrier
5. Bobrick Washroom Equipment, Inc.
6. Bradley Corporation
7. Dyson Technology India Pvt Ltd.
8. Electrostar GmbH
9. Euronics Industries Pvt Ltd
10. Excel Dryer, Inc.
11. Hokwang Industies
12. Jaguar Group Sdn. Bhd
13. JVD SAS
14. Mitsubishi Electric Corporation
15. Palmer Fixture
16. Panasonic Corporation
17. Saniflow Corporation
18. SPL NZ
19. Taishan Jie Da Electrical Co., Ltd.
20. Toto Ltd.
21. United Technologies Corporation
22. World Dryer

Hand Dryer Market Regional Insights

The report offers an exhaustive Regional Analysis, providing an in-depth examination of the current status of the Hand Dryer market in different countries. It scrutinizes factors, market size, growth rates, and import-export dynamics at regional and country levels. The analysis encompasses North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa as the primary segments for the Hand Dryer market.

Table of content for the Hand Dryer Market includes:

Part 01: Executive Summary

Part 02: Scope of the Hand Dryer Market Report

Part 03: Global Hand Dryer Market Landscape

Part 04: Global Hand Dryer Market Sizing

Part 05: Global Hand Dryer Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key questions answered in the Hand Dryer Market are:

What is Hand Dryer?
What was the Hand Dryer market size in 2022?
What are the different segments of the Hand Dryer Market?
What growth strategies are the players considering to increase their presence in Hand Dryer?
What are the upcoming industry applications and trends for the Hand Dryer Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Hand Dryer Market?
Who are the key players in the Hand Dryer market?
What major challenges could the Hand Dryer Market face in the future?
What segments are covered in the Hand Dryer Market?
Who are the leading companies and what are their portfolios in Hand Dryer Market?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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