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Hand Dryers Market Poised for 9.6% Growth, Set to Hit $2.32 Billion by 2029

03-21-2025 04:57 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Hand Dryers Global Market Report 2025

Hand Dryers Global Market Report 2025

How Is the Hand Dryers Market Projected to Grow, and What Is Its Market Size?
The market for hand dryers has expanded at a fast pace over the past few years. It is projected to rise from $2.16 billion in 2024 to $2.39 billion in 2025, with a compound annual growth rate (CAGR) of 10.8%. The noticeable growth during the historic period can be connected to factors such as heightened awareness of hygiene and sanitation, environmental considerations, financial savings, and governmental rules and regulations.

The market for hand dryers is set to expand considerably in the upcoming years, with an estimate of reaching $3.46 billion by 2029, boasting a compound annual growth rate (CAGR) of 9.6%. Factors contributing to the growth predicted in the forecast period include pandemic response, better energy efficiency, touchless technology, smart features integration, and adherence to green building standards. Significant trends during this forecast period are expected to be high-speed hand dryers, hygienic hepa filters, personalized design and branding, antimicrobial coatings, and quiet operation.

What Are the Key Drivers Behind the Growth of the Hand Dryers Market?
The hand dryers market experienced a surge due to the significant growth in the hospitality industry during the historical period. The swift expansion of the hospitality sector, marked by an increase in hotels and restaurants, catalyzed the development of the hand dryers market, owing to the necessity for complying with hygiene standards in the food service and hospitality areas. The Office for National Statistics, a premier UK-based organization for official statistics, cited that the sector providing accommodation and food services grew by 8.6% in February 2022. This growth was primarily fueled by the enlargement of the lodging segment, which saw a rise of 23% from December 2021 to December 2022. This robust economic upturn in the hospitality industry escalated the demand for hand dryers, hence, propelling the hand dryers market during the historical period.

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Who Are the Major Industry Players Fueling Hand Dryers Market Expansion?
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

Which Key Developments Are Influencing the Hand Dryers Market?
Firms are unveiling innovative products to ramp up their profits and secure a competitive advantage against their rivals. For example, in February 2022, Initial PLC, a UK-based washroom hygiene market leader, announced the newest additions to its hand dryer series, namely Luna Dry and Luna Mini Dry, featuring three high gloss UV anti-scratch finishes. The engineering of Luna Dry and Luna Mini Dry employs the use of ION Pure Technology. This crafting process embeds antimicrobial metal ions extracted from soluble glass solution into the exterior shell, delivering a finish that offers resistance to bacteria and germs.

How Is the Segmentation of the Hand Dryers Market Defined?
The hand dryers market covered in this report is segmented -

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

Subsegments:
1) By Jet Air: High-Speed Hand Dryers, Touchless Jet Air Dryers
2) By Hot Air: Automatic Hot Air Dryers, Manual Hot Air Dryers

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What Is the Leading Region in the Hand Dryers Market?
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

What Is Covered In The Hand Dryers Global Market Report?

- Market Size Analysis: Analyze the Hand Dryers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hand Dryers Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hand Dryers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hand Dryers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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