Press release
Hand Dryer Market is Estimated to Reach USD 2,980.1 million by 2030: Cognitive Market Research
Market Overview- A Hand Dryer is an electric device that uses an air blower and heating element to help dry the hands after washing them. It is frequently used in public restrooms as a less expensive option than paper towels.
Summary
- As per our study, the Global Hand Dryer market size was valued at USD 814.5 million in 2022 and is projected to reach USD 2,980.1 million by 2030, registering a CAGR of 13.21% from 2023 to 2030. Further, the APAC region is dominating region for the global hand dryer market.
To know more The Hand Dryer Market statistics click here: https://www.cognitivemarketresearch.com/hand-dryer-market-report
Market Dynamics
- Increasing adoption of hand dryers in several end-use industries comprising airports, hotels and restaurants, hospitals, offices, and shopping malls is fuelling the growth of the market. In addition to that, increasing awareness about hygiene is also driving the global hand dryer market. The environmental sustainability awareness amongst consumers and the increasing demand for eco-friendly devices over towels and tissues to save paper are also contributing to the market growth. Further, rapid urbanization & product innovation is expected to augment the growth of the global hand dryer market in the forecast period. However, the presence of other alternatives such as towels, and tissue paper can hamper the growth of the market.
Market Segmentation
- Product Type
• Warm Air Dryers (WAD)
• Jet Air Dryers (JAD)
- By Mounting Type
• Floor-mounted
• Wall-mounted
Wall-mounted hand dryers are dominating the market as compared to other types. Wall-mounted hand dryers occupy less space, and space occupancy concerns have significantly driven the adoption of wall-mounted dryers.
- By Operation
• Automatic
• Semi-automatic
On the basis of operations, automatic hand dryers hold the largest market share, owing to their better convenience and user satisfaction. Automatic hand dryers do not require any human touch to operate which is also increasing the adoption of automatic hand dryers.
- By End-user
• Hotels & Restaurants
• Shopping Malls
• Offices
• Hospitals
• Others
- By Distribution Channel
• Online
• Offline
- Major Players in Hand Dryer Market: American Dryer, Dyson, Electrostar, Euronics Industries, Excel Dryer, Jaquar Group, Mitsubishi Electric, Panasonic, Saniflow Hand Dryer, Bobrick Washroom Equipment, SPL, Taishan Jieda Electrical Industrial, Toto, World Dryer.
Get free sample pages of latest published Hand Dryer Market Report: https://www.cognitivemarketresearch.com/hand-dryer-market-report
Regional Analysis
- Geographically, the APAC region is estimated as the dominating region, owing to growing industrialization, and increasing awareness about hand sanitation and hygiene due to emerging contagious diseases like COVID-19. China is the prominent market for hand dryers. Further, India is another country that witnessing expansion and the growth rate of its GDP, which is fuelling the growth of the market.
News
- Initial Washroom Hygiene has launched Luna Dry and Luna Mini Dry (February 2022)
Initial Washroom Hygiene has launched Luna Dry and Luna Mini Dry, the latest innovations to its hand dryer range. Engineered to be Initial's hygienic hand drying solution, both models are available in three high gloss UV anti-scratch finishes. It has an average drying time of 12 seconds.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Hand Dryer Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Hand Dryer Market Overview
• 4.1 Introduction
• 4.2 Global Hand Dryer Market Statistics by Regions (2018-2030)
4.2.1 North America Hand Dryer Status and Prospect (2018-2030)
4.2.2 Europe Hand Dryer Status and Prospect (2018-2030)
4.2.3 Asia Pacific Hand Dryer Status and Prospect (2018-2030)
4.2.4 Latin America Hand Dryer Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Hand Dryer Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Hand Dryer Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Hand Dryer Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Hand Dryer Market Regional Analysis
Chapter 11 North America Hand Dryer Market Outlook (2018 - 2030)
Chapter 12 Europe Hand Dryer Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Hand Dryer Market Outlook (2018 - 2030)
Chapter 14 Latin America Hand Dryer Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Hand Dryer Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Hand Dryer Market TOC click here: https://www.cognitivemarketresearch.com/hand-dryer-market-report#table_of_contents
Related Reports
• Sanitary Napkin Market- https://www.cognitivemarketresearch.com/sanitary-napkin-market-report
• Automatic Hand Dryer Market- https://www.cognitivemarketresearch.com/automatic-hand-dryer-market-report
• Wine Coolers Market- https://www.cognitivemarketresearch.com/wine-coolers-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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