Soaring Demand Set to Propel Hand Dryers Market to $3.41 Billion by 2029

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What Is the Expected CAGR for the Hand Dryers Market Through 2025?
The size of the hand dryers market has seen substantial growth in recent times. The market, which was valued at $2.19 billion in 2024, is projected to escalate to $2.4 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.6%. Factors such as increased awareness of hygiene and sanitation, environmental considerations, cost reduction, and government rules can be attributed for the growth observed in the historic period.

What's the Projected Size of the Global Hand Dryers Market by 2029?
The market for hand dryers is projected to experience impressive expansion in the coming years. The market will be worth $3.41 billion in 2029, growing at a compound annual growth rate (CAGR) of 9.1%. Factors contributing to this growth during the forecast period include the response to the pandemic, energy efficiency, touchless technology, incorporation of intelligent features, and sustainable building regulations. Prominent trends anticipated during the projected period are high-speed hand dryers, hygiene-oriented hepa filters, tailored design and branding, antimicrobial finishes, and quiet functionality.

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Top Growth Drivers in the Hand Dryers Industry: What's Accelerating the Market?
The hand dryers market witnessed robust growth in the past due to the swift expansion in the hospitality sector. The surge in hotels and restaurants, part of the rapidly expanding hospitality industry, has propelled the growth of the hand dryers market. This growth has largely been fuelled by the necessity for cleanliness in food services and the hospitality industry. For example, data from the Office for National Statistics, an independent producer of official statistics based in the UK, showed that the sector offering food and accommodations services grew by 8.6% in February 2022. This escalation was primarily a result of the growth in the lodging sector, which saw an increase of 23% from December 2021 to December 2022. The robust economic growth witnessed by the hospitality industry contributed significantly towards raising the demand for hand dryers, thus propelling the hand dryers market during the historical span.

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What Trends Will Shape the Hand Dryers Market Through 2029 and Beyond?
To augment their revenue and establish superiority over rivals, businesses are unveiling new offerings. To illustrate, Initial PLC., a foremost UK-based provider of washroom hygiene, launched fresh innovations to its hand dryer line-up, recognised as Luna Dry and Luna Mini Dry, in February 2022. These items, which come in three high gloss UV anti-scratch finishes, have been innovatively crafted using ION Pure Technology. The fabrication procedure integrates antimicrobial metallic ions from the soluble glass solution into the exterior casing, delivering a finish that combats bacteria and germs.

What Are the Main Segments in the Hand Dryers Market?
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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Which Top Companies are Driving Growth in the Hand Dryers Market?
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 Regions Will Dominate the Hand Dryers Market Through 2029?
Asia-Pacific was the largest region in the hand dryers market in 2024. 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

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