Hand Dryer Market Latest Advancements, Trends and Huge Business Opportunities 2021 to 2025: Electrostar, Euronics Industries, SPL Limited, World Dryer Corporation, Saniflow Hand Dryer Corporation, Taishan Jieda Electrical Industrial Co. Ltd., Mitsubishi E

Hand Dryer Market Report provides detailed analysis of Growth Factors of the market as well as it gives an analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2025. The Hand Dryer market report has studied key opportunities in the market and influencing factors which are useful to the business. The report also maps the qualitative and quantitative impact of various market factors like macro-economic indicators, PPP, Epidemiological data, Insurance scenario and patent and IP information, Government Policies and business regulations along market attractiveness as per segments.

The Hand Dryer market revenue was 663 Million USD in 2019, and will reach 1387 Million USD in 2025, with a CAGR of 13.07% during 2020-2025.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Hand Dryer Market: Electrostar, Euronics Industries, SPL Limited, World Dryer Corporation, Saniflow Hand Dryer Corporation, Taishan Jieda Electrical Industrial Co. Ltd., Mitsubishi Electric Corporation, Toto Ltd., Dyson Ltd., American Dryer Inc., Jaquar Group, Excel Dryer, Bobrick Washroom Equipment Inc., Panasonic Corporation and others.

Hand dryers are electric machines found in public bathrooms. They may either operate with the push of a button or automatically using a sensor. Hand washing is an important part of hygiene, and so an effective method of drying the hands is necessary.

Industry News and Updates:

Rexnord Corporation Acquires World Dryer Corporation

October 09, 2017: MILWAUKEE--Rexnord Corporation (NYSE: RXN) announced today that it acquired World Dryer Corporation. World Dryer is a leading global manufacturer of commercial electric hand dryers with the largest worldwide installed product base.

World Dryer has annual sales of approximately $20 million, and will join Rexnord’s Zurn business. The combination of World Dryer’s eco-friendly hand dryers and Zurn’s water-efficient plumbing products is expected to bring even greater value to commercial building owners in the form of lower operating costs.

New Zealand-based SPL to sell hand dryers in India

October 11, 2016: New Zealand-based SPL Ltd, engaged in manufacturing and marketing of hand dryers, will introduce its products in India in partnership with city-based Mrinalini Industries.

The joint venture agreement would be of 'knowledge sharing' for SPL Ltd, while its Indian partner will manufacture the hand dryers at its factory in Irungattukottai near Chennai, SPL's Founder and Managing Director John Stares said here today.

Under the agreement, the hand dryers will be of 60 per cent localisation, which would be increased to 100 per cent later. The company, with revenues of NZD 3 million, will not have any stake in the JV and the tie-up is with the Centre's 'Make in India' initiative, he said. Commenting on the investment plans, Mrinalini Industries Managing Partner R Elansudar said it would be about Rs 4 crore.

Global Hand Dryer Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

Surface Mounted
Wall Mounted

On the basis of Application, the market is segmented into:

Airports
Educational Institutes
Hospitals
Hotels & Restaurants
Office Buildings
Railway Stations
Shopping & Commercial Complex

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Regional Analysis For Hand Dryer Market:

For comprehensive understanding of market dynamics, the global Hand Dryer market is analyzed across key geographies namely:

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)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Hand Dryer Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2021–2025.                 

Key Points of Hand Dryer Market Table of Contents:

-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the global Halal Foods market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.

-Competition by company: Here we analyze the competition of the global Hand Dryer market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.

-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Hand Dryer market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Hand Dryer market.

-Market Forecast: Here the report provides a full forecast for the global Hand Dryer market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.

-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.

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Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the Hand Dryer market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2027, which provides future outlook of the market for the manufacturers and suppliers.

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