Hand Dryers
Electrical And Electronics Manufacturing

Global Hand Dryers Market Size, Forecasts, And Opportunities

Learn about the global hand dryers market through The Business Research Company, which provides information on hand dryers market size, hand dryers market drivers and restraints, hand dryers market players, the COVID-19 impact on the hand dryers market, and more.

 

The global hand dryers market size is expected grow from $1.59 billion in 2021 to $1.70 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hand dryer market is expected to reach $2.23 billion in 2026 at a CAGR of 6.69%.

 

Strong growth in hospitality industry drove the hand dryers market in the historic period.

 

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The hand dryers market consists of sales of hand dryers and related services. Hand dryers are cost-effective, energy-efficient and eco-friendly devices that are extensively adopted in restaurants, hotels, offices, and malls as a replacement to towel. Hand dryers are electronic machines used for drying hands in public bathrooms that works either by pressing a button or automatically using a sensor. These are highly responsive and are equipped with fast reacting sensors with maximum energy efficiency for instant reaction.

 

Global Hand Dryers Market Segments Include:

By Product: Jet Air, Hot Air

By Operation: Manual On-Automatic Off, Fully Automatic

By End-User: Airports, Hotel and Restaurants, Hospitals, Offices, Shopping Malls, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the hand dryers market in 2021.

Companies are launching new products in order to increase their revenue and also for gaining a competitive edge over their competitors.

 

TBRC’s hand dryers market report covers:

Major Market Players: American Dryer LLC., Dyson Ltd., Electrostar, Excel Dryer Inc., Panasonic Corporation, Mitsubishi Electric Corporation, SPL Ltd., Bobrick Washroom Equipment Inc., Saniflow Corporation, and Taishan Jieda Electrical Co. Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Hand Dryers Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides hand dryers market overviews, analyzes and forecasts market size, share, hand dryers market players, hand dryers market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s hand dryers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Hand Sanitizer Dispenser Global Market Report 2022

Hand Towel Global Market Report 2022

Electrical And Electronics Global Market Report 2022

 

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