The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Strong growth in the hospitality industry are expected to drive innovation in hand dryers manufacturing, thus driving the market during the forecast period.

The global hand dryers market is expected to grow from $1.7 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The global hand dryers market is expected to grow to $2.38 billion in 2027 at a CAGR of 6.9%.

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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 & Restaurants, Hospitals, Offices, Shopping Malls, Other End-Users
• 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 is the largest region in the global hand dryers market in 2021.

Major Market Players in the hand dryers market include American Dryer LLC., Dyson Ltd., Electrostar, Excel Dryer Inc., Panasonic Corporation, Mitsubishi Electric Corporation, SPL Ltd., Bobrick Washroom Equipment Inc.

Companies are launching new products to increase their revenue and also for gaining a competitive edge over their competitors. For instance, in February 2022, Initial PLC., a UK-based leading provider of washroom hygiene, introduced the latest innovations to its hand dryer range known as Luna Dry and Luna Mini Dry with three high gloss UV anti-scratch finishes. ION Pure Technology has been used in the engineering of Luna Dry and Luna Mini Dry. The production method incorporates antimicrobial metal ions from the soluble glass solution into the outer case to provide a finish that is resistant to bacteria and germs.

The Hand Dryers Global Market Report 2023  provides a hand dryers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The hand dryers market forecast analyzes hand dryers market size, hand dryers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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

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