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Hand Dryer Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Hand Dryer Market - (By Product – Hands-in Dryer and Hands-under Dryer; By Drying Mechanism – Hot Hand Dryer, Jet Hand Dryer, and Hybrid; By Automation – Automatic and Manual; By Mounting Technique – Surface Mounted and Wall Mounted; By End User – Healthcare, Hospitality, Commercial Spaces, and Others; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2030

  • Published On: 09-Feb-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0222137
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Hand Dryer Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 1,014.4 Mn
Expected Revenue in 2030US$ 2,928 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2030
UnitValue (USD Mn)
CAGR12.82%
Segments coveredBy Product, Drying Mechanism, Automation, Mounting Technique, End User, and Region
Key CompaniesAmerican Dryer, LLC, Dyson, Jaguar Group Sdn. Bhd, and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

A hand dryer is an electric device with key function to dry wet hands by blowing air. The machine is majorly used in public toilets as a cost-effective alternative to paper towels.

Hand dryers are faster, economical, and more hygienic as compared to paper towels.

An electric hand dryer is more hygienic than conventional towels because it uses warm air, and users are not required to come in direct contact with the machine. Some companies claim that warm air that blows from hand dryer can kills bacteria present on hands. 

Global Hand Dryer Market was valued at US$ 1,014.4 Mn in 2021. 

Global Hand Dryer Market is estimated to expand at a CAGR of 12.82% during the forecast period 2022-2030. 

Factors such as growing demand for environment-friendly devices and rise in construction activities are driving the Global Hand Dryer Market.

High installation cost of hand dryers pose a key challenge to the growth of hand dryer market.

Global Hand Dryer Market is segmented based on product, drying mechanism, automation, mounting technique, end user, and region. 

Jet hand dryer segment has the highest share in the Global Hand Dryer Market in 2021. 

Hospitality industry is the highest end user industry in the Global Hand Dryer Market in 2021.

Europe dominates the Global Hand Dryer Market.

The key players in the global hand dryer market are American Dryer, LLC., Dyson, Excel Dryer Inc., Mitusubishi electric, World Dryer and Electrostar among others. 

COVID-19 pandemic resulted in greater adoption of hand dryers as part of preventive measure which positively impacted the growth of hand dryer market.