According to the latest report by IMARC Group, “Global Hand Dryer Market Growth, Size, Share, 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 is an electronic appliance installed across various public washrooms as a cost-effective and eco-friendly substitute for paper towels for drying hands. It assists in maintaining a high level of hygiene and cleanliness and reducing the risk of cross-contamination. Hand dryers are incorporated with motion sensors that activate the motor for circulating warm air for drying. These appliances are commonly available as push-button, high-speed, automatic, etc. Hand dryers find extensive utilization across hotels, hospitals, clinics, commercial complexes, office buildings, etc.
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.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Hand Dryer Market Trends and Drivers:
The escalating requirement of these appliances across sectors, including healthcare and hospitality, for maintaining hygiene is primarily driving the hand dryer market. Besides this, the rising environmental awareness has led to the shifting preference from paper towels to hand dryers, which is further stimulating the market growth. Apart from this, the growing popularity of advanced product variants with blades for minimizing bacterial spread is also catalyzing the global market.
Moreover, on account of the sudden outbreak of the COVID-19 pandemic, there is increasing demand for automatic hand dryers that offer to minimize the spread of infection. This is acting as another significant growth-inducing factor. Furthermore, the launch of various policies by the government bodies to install these appliances in the commercial sector to ensure the safety of consumers is expected to bolster the hand dryer market in the coming years.
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).
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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
The 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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