Hand Dryers Global Market Report 2024

Description

“Hand Dryers Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on hand dryers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
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Measure the impact of high global inflation on market growth.
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Outperform competitors using forecast data and the drivers and trends shaping the market.
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Where is the largest and fastest growing market for hand dryers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The hand dryers market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Jet Air; Hot Air
2) By Operation: Manual On-Automatic Off; Fully Automatic
3) By End-user: Airports; Hotel And Restaurants; Hospitals; Offices; Shopping Malls; Other End-Users
Companies Mentioned: American Dryer LLC; Dyson Ltd.; Electrostar; Excel Dryer Inc.; Panasonic Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Hand dryers are electronic devices commonly found in public bathrooms, designed for the purpose of drying hands. They operate either through manual activation by pressing a button or automatically via sensor-based technology. Hand dryers are known for their cost-effectiveness, energy efficiency, and eco-friendly attributes, making them a popular choice in various settings such as restaurants, hotels, offices, and shopping malls, as they serve as an alternative to traditional towels. These devices are highly responsive and equipped with rapid-reacting sensors to ensure maximum energy efficiency and immediate drying.

The primary product categories for hand dryers include jet air and hot air models. Jet hand dryers offer energy-efficient hand drying with adjustable motor settings, providing high-speed drying capabilities. The operational types of hand dryers can be manual on-automatic off or fully automatic. They are used across various end-user sectors, including airports, hotels and restaurants, hospitals, offices, shopping malls, and other public places.

The hand dryers market research report is one of a series of new reports from The Business Research Company that provides hand dryers market statistics, including hand dryers industry global market size, regional shares, competitors with a hand dryers market share, detailed hand dryers market segments, market trends and opportunities, and any further data you may need to thrive in the hand dryers industry. This hand dryers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hand dryers market size has grown rapidly in recent years. It will grow from $1.97 billion in 2023 to $2.2 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth observed during the historical period can be attributed to several key factors, including increased awareness of hygiene and sanitation, growing environmental concerns, cost-saving considerations, and the impact of government regulations promoting the use of hand dryers in public facilities.

The hand dryers market size is expected to see rapid growth in the next few years. It will grow to $3.23 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The anticipated growth in the forecast period can be primarily attributed to factors such as responses to the ongoing pandemic, a focus on energy efficiency, the incorporation of touchless technology, the integration of smart features, and compliance with green building standards. Notable trends expected to shape this period include the adoption of high-speed hand dryers for quicker drying, the implementation of hygienic HEPA filters, customized designs and branding options, the use of antimicrobial coatings for enhanced hygiene, and quieter operation of hand dryers for improved user experience.

The growth of the hand dryers market in the past was significantly driven by the expanding hospitality industry. The surge in hotels and restaurants necessitated adherence to cleanliness standards, thereby escalating the demand for hand dryers. For instance, as per the Office for National Statistics in February 2022, the lodging and culinary services industry in the UK expanded by 8.6%, primarily attributed to a 23% growth in lodging from December 2021 to December 2022. This robust growth in the hospitality sector amplified the need for hand dryers, fostering market growth during the historical period.

Anticipated market growth in hand dryers is expected to be fueled by a heightened emphasis on hygiene and sanitation. Post-pandemic, there's a growing awareness of touchless and eco-friendly hand dryers that align with increased cleanliness standards in public spaces. People prioritize practices that reduce germ transmission, waste, and energy consumption. According to a survey conducted by Citron Hygiene in September 2022, there has been a notable shift in handwashing behaviors, with 67% of individuals expressing increased fear of germs and heightened awareness of hygiene. This awareness and emphasis on hygiene practices are significant drivers for the hand dryers market.

The potential hindrance to the hand dryers market's growth could be attributed to increased noise levels generated by these devices. High noise levels from hand dryers pose a risk to children's hearing, contributing to concerns such as manussiccusphobia, a fear of hand dryers. As per a survey by Airdri in January 2022, approximately 38% of parents acknowledged their children being frightened of hand dryers. The issue of heightened noise levels in hand dryers thus stands as a limiting factor for the market.

Companies are actively launching new products to augment their revenue streams and establish a competitive advantage within their respective markets. In February 2022, Initial PLC., a prominent UK-based provider of washroom hygiene solutions, unveiled the latest additions to its hand dryer line, known as Luna Dry and Luna Mini Dry. These models feature three distinct high gloss UV anti-scratch finishes and employ ION Pure Technology in their engineering. Through this production method, antimicrobial metal ions from a soluble glass solution are incorporated into the outer casing, providing a bacteria and germ-resistant finish.

Leading firms within the hair dryers market are focusing on the development of hair dryers equipped with HEPA filters, aiming to strengthen their competitive positioning. HEPA (High-Efficiency Particulate Air) filters integrated into hair dryers significantly enhance air quality by efficiently capturing and filtering out impurities such as dust, allergens, and microorganisms from the air utilized during the drying process. For instance, in April 2022, Askon Hygiene Products Pvt Ltd., an India-based manufacturer specializing in washroom products, launched the V-Jet Hand Dryer. This innovative product boasts a rapid drying cycle of less than 15 seconds, featuring fire-retardant and anti-bacterial plastics for safety and hygiene. Equipped with dual HEPA filters, it effectively eliminates 95% of airborne impurities before delivering a potent, high-velocity air blade powered by a robust 30,000 RPM motor, ensuring swift and efficient hand drying.

Major companies operating 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., Saniflow Corporation, Taishan Jieda Electrical Co Ltd., World Dryer Corporation, Hokwang Industries Co Ltd., Palmer Fixture Company, Euronics Industries Pvt Ltd., Jaguar Group, Bio JetDrier, Bradley Corporation, Toto Ltd., JVD SAS, SAVORTEX Limited, Askon Hygiene Products Private Limited, Toshi Automatic Systems Pvt Ltd., Penson & Co, Warner Howard Limited, The Hygiene Company, Veltia UK Ltd., ZheJiang MoDun Sanitary Ware Co Ltd., Siemens AG, Dolphy India Pvt Ltd., Novatech Automatic Systems

Asia-Pacific was the largest region in the hand dryers market in 2023. Western Europe was the second-largest region in the hand dryers market. The regions covered in the hand dryers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the hand dryers market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The hand dryers market consists of sales of jet air hand dryers and hot air hand dryers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r9135

1. Executive Summary

2. Hand Dryers Market Characteristics

3. Hand Dryers Market Trends And Strategies

4. Hand Dryers Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Hand Dryers Market Size and Growth

5.1. Global Hand Dryers Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Hand Dryers Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Hand Dryers Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Hand Dryers Market Segmentation

6.1. Global Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Jet Air
Hot Air
6.2. Global Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Manual On-Automatic Off
Fully Automatic
6.3. Global Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Airports
Hotel And Restaurants
Hospitals
Offices
Shopping Malls
Other End-Users

7. Hand Dryers Market Regional And Country Analysis

7.1. Global Hand Dryers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Hand Dryers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Hand Dryers Market

8.1. Asia-Pacific Hand Dryers Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Hand Dryers Market

9.1. China Hand Dryers Market Overview
9.2. China Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Hand Dryers Market

10.1. India Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Hand Dryers Market

11.1. Japan Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Hand Dryers Market

12.1. Australia Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Hand Dryers Market

13.1. Indonesia Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Hand Dryers Market

14.1. South Korea Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Hand Dryers Market

15.1. Western Europe Hand Dryers Market Overview
15.2. Western Europe Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Hand Dryers Market

16.1. UK Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Hand Dryers Market

17.1. Germany Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Hand Dryers Market

18.5. France Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Hand Dryers Market

19.9. Italy Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Hand Dryers Market

20.13. Spain Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Hand Dryers Market

21.1. Eastern Europe Hand Dryers Market Overview
21.2. Eastern Europe Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Hand Dryers Market

22.1. Russia Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Hand Dryers Market

23.1. North America Hand Dryers Market Overview
23.2. North America Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Hand Dryers Market

24.1. USA Hand Dryers Market Overview
24.2. USA Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Hand Dryers Market

25.1. Canada Hand Dryers Market Overview
25.2. Canada Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Hand Dryers Market

26.1. South America Hand Dryers Market Overview
26.2. South America Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Hand Dryers Market

27.1. Brazil Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Hand Dryers Market

28.1. Middle East Hand Dryers Market Overview
28.2. Middle East Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Hand Dryers Market

29.1. Africa Hand Dryers Market Overview
29.2. Africa Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Hand Dryers Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Hand Dryers Market Competitive Landscape And Company Profiles

30.1. Hand Dryers Market Competitive Landscape
30.2. Hand Dryers Market Company Profiles
- 30.2.1. American Dryer LLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Dyson Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Electrostar
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Excel Dryer Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Panasonic Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Hand Dryers Market Competitive Benchmarking

32. Global Hand Dryers Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Hand Dryers Market

34. Hand Dryers Market Future Outlook and Potential Analysis

34.1 Hand Dryers Market In 2028 - Countries Offering Most New Opportunities
34.2 Hand Dryers Market In 2028 - Segments Offering Most New Opportunities
34.3 Hand Dryers Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer