Press Resease

Hand Dryer Market - Global Industry Analysis

Hand Dryer Market by Type (Hot hand dryers and Jet hand dryers) By Application (Hotel, Hospitals & Clinics, Food processing & Service Industry, Commercial Complexes, and others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 16-Jul-2021 Category: Consumer Goods Report Format : PDF Pages: 167 Report Code: ZMR-2001 Status : Published

The global Hand Dryer market accounted for USD 768.9 billion in 2020 and is expected to reach USD 1,883.2 billion by 2028, growing at a CAGR of around 12.1% between 2021 and 2028.

Description

Market Overview                      

The global Hand Dryer market accounted for USD 768.9 billion in 2020 and is expected to reach USD 1,883.2 billion by 2028, growing at a CAGR of around 12.1% between 2021 and 2028.         

A hand dryer is an electric machine which is as heating element and an air blower to dry the hands after hand washing. The machine is used in public toilets as a cost-effective alternative to paper towels.

The raw materials for the hand dryer includes body material, control circuitry, wires, hand dryer heater, hand proximity sensor, and indicators & switches. The machine are usually used in hotels, malls, offices, hospitals, and clinics.

The giant players in the market are increasingly emphasize on providing technology solutions that increase efficiency, reduce energy consumption, and are low on maintenance cost. The players in the industry are investing heavily in R&D to develop innovative products in an attempt to obtain a competitive edge.

COVID-19 Impact Analysis:

The COVID-19 pandemic has placed the consumer electronics and home appliances industry under immense financial strain. The raw material supply is one of the major parts in the value chain of the hand dryer market, where key players and vendors are facing the problems due to poor logistics, and restrictions on public movement in affected countries across globe, which can lead to supply disruptions. Trade restrictions imposed by several economies to curb the outbreak of COVID-19 has significantly affected the logistics and transportation, which, in turn, is likely to have a negative impact on the hand dryer market.

The significant decrease in the hand dryer market size in 2020 is estimated on the basis of the COVID-19 outbreak and its impact on the economies and industries. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation. These scenarios were discussed with the consumer industry experts. However, this pandemic spread is anticipated to affect for a short term.

Growth Factors

Increasing awareness about operational price is powering the growth for hand dryer market. Swiftly growing hospitality sector with an elevation in the number of pubs and restaurants & hotels indirectly is powering the development for hand dryer market. The increasing adoption of hand dryers is likely to foster the development of the global market. The need to meet cleanliness standards for hospitality industry and food service sector is also one of the reasons that bolstering the development of hand dryer market. In addition to this, rising investment and R&D performed by market players is also set to thrive the global market. For example, in July 2018, Dryflow Vapordri, one of the quickest developing hand dryers in the world patented water evaporation system thereby, powering the development of hand dryer market.

 Report Scope:  

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Type Segment Analysis Preview  

Global hand dryer market is divided into the two basic kinds of product such as jet hand dryers and hot hand dryers segments. Hot hand dryer market is ruling in terms of volume with over 60% share of the global market owing to its Hygienic nature and low-price benefits. Increasing number of restaurants, food outlets, and Food Park in food processing industry are powering the development of hand dryer market.

Application Segment Analysis Preview  

The food processing sector is likely to develop considerably in the global market during the forecast period. Clinics & hospitals sector is one of the quickest growing segments in the hand dryer market, developing at 10.1% CAGR in the years to come.

Regional Preview

Based on region, Europe stood as biggest area for the hand dryer market and is likely to develop considerably owing to prominent requirement from France, the U.K., Italy, and Germany among others. North America is a second biggest area in terms of volume for hand dryer market. Asia Pacific is likely to show healthy development owing to health awareness and developing infrastructure development in nations such China and India.

Key Market Players & Competitive Landscape

The major players operating Hand Dryer market are American Dryer, Inc., Bradley Corporation, Dyson Ltd., Electrostar Gmbh, Excel Dryer, Inc., Mitsubishi Electric Corporation and World Dryer Corporation..

 The global Hand Dryer market is segmented as follows:

By Type

  • Hot hand dryers
  • Jet hand dryers  

By Applications   

  • Hotel
  • Hospitals & Clinics
  • Food processing & Service Industry
  • Commercial Complexes 
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Hand Dryer Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Hand Dryer Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Hot hand dryers
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Jet hand dryers
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Hand Dryer Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Hotel
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Hospitals & Clinics
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Food processing & Service Industry
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Commercial Complexes
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Others
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Hand Dryer Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Type Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Hand Dryer Market: Company Market Share, 2019
      • 8.1.2. Global Hand Dryer Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Hand Dryer Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Hand Dryer Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. AMERICAN DRYER, INC
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Bradley Corporation
    • 9.3. Dyson Ltd
    • 9.4. Electrostar Gmbh
    • 9.5. Excel Dryer
    • 9.6. Mitsubishi Electric Corporation
    • 9.7. World Dryer Corporation
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Hand Dryer Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Type, 2020 & 2028 
FIG NO. 7. Global Hand Dryer Market for Hot hand dryers, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Hand Dryer Market for Hot hand dryers, By Country, 2020 & 2028
FIG NO. 9. Global Hand Dryer Market for Jet hand dryers, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Hand Dryer Market for Jet hand dryers, By Country, 2020 & 2028
FIG NO. 11. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 12. Global Hand Dryer Market for Hotel, Revenue (USD Billion) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Hand Dryer Market for Hotel, By Country, 2020 & 2028 
FIG NO. 14. Global Hand Dryer Market for Hospitals & Clinics, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Hand Dryer Market for Hospitals & Clinics, By Country, 2020 & 2028
FIG NO. 16. Global Hand Dryer Market for Food processing & Service Industry, Revenue (USD Billion) 2016 – 2028 
FIG NO. 17. Comparative Revenue Analysis of Hand Dryer Market for Food processing & Service Industry, By Country, 2020 & 2028
FIG NO. 18. Global Hand Dryer Market for Commercial Complexes, Revenue (USD Billion) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Hand Dryer Market for Commercial Complexes By Country, 2020 & 2028
FIG NO. 20. Global Hand Dryer Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Hand Dryer Market for Others, By Country, 2020 & 2028
FIG NO. 22. Global Hand Dryer Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America Hand Dryer Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 24. Porter’s Five Forces Analysis for Global Hand Dryer Market
FIG NO. 25. PEST Analysis for Global Hand Dryer Market
FIG NO. 26. Pricing Analysis for Global Hand Dryer Market
FIG NO. 27. Value Chain Analysis for Global Hand Dryer Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. Valeant Pharmaceuticals Business Segment Revenue Share, 2020 (%)
FIG NO. 32. Valeant Pharmaceuticals Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels 
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology


List of Tables 

TABLE NO. 1. Global Hand Dryer Market: Snapshot
TABLE NO. 2. Quarterly Hand Dryer Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Hand Dryer Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Hand Dryer Market for Hot hand dryers, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Hand Dryer Market for Jet hand dryers, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8: Global Hand Dryer Market for Hotel, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9: Global Hand Dryer Market for Hospitals & Clinics, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Hand Dryer Market for Food processing & Service Industry, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Hand Dryer Market for Commercial Complexes, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Hand Dryer Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Hand Dryer Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 14: North America Hand Dryer Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 15. North America Hand Dryer Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 16: North America Hand Dryer Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 17. U.S. Hand Dryer Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 18. U.S. Hand Dryer Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 19. Canada Hand Dryer Market Revenue, By Type, 2016 – 2028 (USD Billion) 
TABLE NO. 20. Canada Hand Dryer Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 21. Mexico Hand Dryer Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 22: Mexico Hand Dryer Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 23 Drivers for the Hand Dryer Market: Impact Analysis
TABLE NO. 24. Restraints for the Hand Dryer Market: Impact Analysis
TABLE NO. 25. Major Buyers of Hand Dryer  
TABLE NO.26. Distributors/Traders List of Hand Dryer
TABLE NO. 27. Global Hand Dryer Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 28: Global Hand Dryer Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)   
 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Hand Dryer market. Zion Research has collected and analyzed key data belong to the global Hand Dryer market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Hand Dryer across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Hand Dryer industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Hand Dryer market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Hand dryers are an electrical device generally appears in public washrooms for the purpose of drying hands hygienically. Hand dryers either operate automatically by using sensors or manually by using a push button. Almost five decades has pass out, the first revolution in the toilet facilities took place throughout the world with the appearance of the first hot air hand dryers. A new system for hand drying slowly became most popular and familiar due to its advantages, nowadays hardly you see toilet without hand dryers. Hand dryers play an important role in washroom hygiene. The dryers market has been evolving step by step, the hot air hand dryer concept evolved and a new concept was born with high speed, energy efficient hand dryer.

Growing awareness about hand dryers and hygienic over conventional paper towels is fueling the demand of hand dryers. In addition, interest of corporate people to cutting down the operational cost has led to installation of hand dryers in washrooms and toilets which proves to be economical in comparison to paper towels. Hand dryers are emerging as eco-friendly appliances over paper towels because; Paper towels are produced by cutting down trees, which is having a harmful effect on the environment. Hand dryers help in saving power as well as paper, reducing solid waste generated by used paper towels. Such multi benefit of hand dryers is fueling the demand of hand dryers market. However, high noise level of hand dryers is a major concern especially in areas such as offices and educational institutes. High noise factor is negatively impacting the installation of hand dryers

On the basis of type of product, the hand dryers market segmented into the hot hand dryers and jet hand dryers. In terms of volume, Hot hand dryers accounted for maximum market share in 2016 and expected to show significant growth during the forecast period. Food processing and service industry was valued maximum market revenue and Hospitals and clinic segment is expected to the witness fastest growth within the forecast period. In terms of volume Europe region was accounted more than 35% market share in 2015 and expected to witness significant market share during the forecast period. North America is second largest region for hand dryers after Europe.   

 Some of the key players include in hand dryer market such as American Dryer, Inc., Bradley Corporation, Dyson Ltd., Electrostar Gmbh, Excel Dryer, Inc., Mitsubishi Electric Corporation and World Dryer Corporation.

This report segments the global hand dryer market as follows:

Global Hand Dryer Market: Type Segment Analysis

  • Hot hand dryers
  • Jet hand dryers

Global Hand Dryer Market: Application Segment Analysis

  • Hotel
  • Hospitals & Clinics
  • Food processing & Service Industry
  • Commercial Complexes
  • Office Buildings
  • Others

Global Hand Dryer Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Choose License Type

Request the coronavirus impact analysis across industries and markets

FrequentlyAsked Questions

The global Hand Dryer Market was valued at USD 768.9 Billion in 2020.

The global Hand Dryer Market is expected to reach USD 1,883.2 Billion by 2028, growing at a CAGR of 12.1% between 2021 to 2028.

Some of the key factors driving the global Hand Dryer Market growth are Increasing awareness about operational price and increasing adoption of hand dryers.

Europe stood as biggest area for the hand dryer market and is likely to develop considerably owing to prominent requirement from France, the U.K., Italy, and Germany among others. North America is a second biggest area in terms of volume for hand dryer market.

Some of the major players of global Hand Dryer market American Dryer, Inc., Bradley Corporation, Dyson Ltd., Electrostar Gmbh, Excel Dryer, Inc., Mitsubishi Electric Corporation and World Dryer Corporation.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed