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Global Hand Dryers Market Report: USD 1987.18 million Growth by 2026, American Dryer, Dyson, Jaguar Group Sdn. Bhd., Excel Dryer., Panasonic Corporation, Mitsubishi Electric Corporation and others

07-02-2019 04:06 PM CET | Fashion, Lifestyle, Trends

Press release from: Data Bridge Market Research

Global Hand Dryers Market Report: USD 1987.18 million Growth

Hand dryer are those electrical appliances that blow hot air when switched on to dry wet hands. They play a very important role in cleansing of hand and in sanitation. They are cost-effective, energy efficient and environmental friendly devices that inhibit and prevent the spread of pathogen, and hence are being extensively adopted in restaurants, hotels, offices, malls as a replacement to paper towel set ups. In order to ensure maximum cleanliness and hygiene, and to prevent spread of contaminant diseases, they are installed in hospitals and clinics.

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Global hand dryers market to rise to an estimated value of USD 1987.18 million by 2026, registering a healthy CAGR of 12.25% in the forecast period of 2019-2026. The rise in the market value can be attributed to increasing demand for cost-effective, energy-efficient and environment friendly products and to the increased applicability in several end user industries.

Key Players: Global Hand Dryers Market
Few of the major competitors currently working in hand dryers market are
• American Dryer
• Dyson
• ELECTROSTAR
• Euronics Industries Pvt Ltd
• SAVORTEX
• Jaguar Group Sdn. Bhd.
• Excel Dryer
• Panasonic Corporation
• Mitsubishi Electric Corporation
• SPL NZ.
• Bobrick Washroom Equipment, Inc.
• Saniflow
• Taishan Jieda Electric Co., Ltd.
• World Dryer
• Palmer Fixture Company
• Hokwang Industries Co., Ltd
• TOTO LTD
• GROUPE JVD
• Toshi Automatic Systems Pvt. Ltd
• Penson & Co
• European Tissue
• Warner Howard
• The Hygiene Company
• Veltia UK
• Euronics Industries Pvt Ltd amongst others

Key Developments in the Market
• In October 2017, Rexnord Corporation, in order to expand its customer base and be the leader in electrical plumbing, acquired the leading manufacturer of hand dryers, World Dryer Corporation. This merger of World Dryer’s environmental friendly and energy efficient hand dryers with Rexnord’s water-efficient products, would not only lead to innovations and improvements in business, but would also lead to reduce cost of operations thereby, globally attracting customer towards their products. .
• In January 2018, Mrinalini Industries, a component manufacturer entered into an affirmative agreement with the global hygiene products manufacturer, SPL Ltd, to produce and distribute hand dryers. This provides a technological advantage to Mrinalini Industries which would enable them to scale up their operations and expand globally with technologically advanced and developed products.

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Segmentation: Global Hand Dryers Market
By Product
• Jet Air
• Hot Air

By Operation Mode
• Manual On-Automatic Off/ Push Button
• Fully Automatic

By Mounting technique
• Surface Mounted
• Wall Mounted

By End User
• Airports
• Hotel & Restaurants
• Hospitals
• Offices
• Shopping Malls
• Healthcare
• Food Processing & Service
• Education Institutes
• Common Public Restroom
• Others

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Hand Dryers Market
Global hand dryers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hand dryers market for global, Europe, North America, Asia Pacific and South America.

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Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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