Global Hand Dryers Market Surge Towards Solid Growth by 2024

Global Hand Dryers Market: Overview

Hand dryers have a crucial role in washroom hygiene. The hand dryer is an electrical device that is usually used in washrooms for drying hands. They operate either manually using a push button or automatically with the help of sensors. The major applications of hand dryers are seen in hotels, food processing & food service, healthcare, office buildings, and so on. Food processing & food services such as fast food joints and restaurants use hand dryers on a large basis. Hand dryers are also seen in schools, railway stations, colleges, and malls owing to their advantages.

Global Hand Dryers Market: Growth Factors

Disquiets regarding efficient disposing of waste due to paper towel has urged the need to find other technologically advanced alternatives for organizations. Furthermore, high demand for quality washroom hygiene from people all around the world is further anticipated to boost the global market growth in future. Most of the key manufacturers are focusing on rapid technological advancements in order to launch more eco-friendly and efficient hand dryers. Such new advancements in hand dryer techniques have further resulted accomplishing the reduced noise levels in hand dryers. The power consumption of hand dryers is very low and also the cost of maintenance is also equal to negligible. These factors are anticipated to enhance the growth of the global hand dryer market in the near future.

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Global Hand Dryers Market: Segmentation

The global hand dryers market is segmented on the basis of type and end-user. Based on the type, the global market is segmented as hot air hand dryers and jet air hand dryers. On the basis of end-users, the global market is bifurcated as hotels, office buildings, food processing and food service, healthcare, and others. Geographically, the global hand dryers market is segmented as North America, Europe, Latin America, Asia Pacific, and the Middle East.

Global Hand Dryers Market: Regional Analysis

Europe is anticipated to be the dominant region for the global hand dryer market. This trend is further expected to continue in the future due to factors such as rising demand for eco-friendly, cost-effective, and hassle-free hand dryers from private and public institutions.

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Moreover, North America is also projected to come up as one of the largest markets for hand dryers in the near future. Furthermore, Rest of the World and Asia Pacific are other regions showing considerable growth. Developing countries including Brazil, India, South Africa, and China in Rest of the World and Asia Pacific are expected to be the attractive markets for hand dryers in the coming years.

Global Hand Dryers Market: Competitive Players

Some of the major players in the global hand dryer market are World Dryer Corporation, Dyson Ltd., Excel Dryer Inc., TOTO Ltd., Mitsubishi Electric Corporation, and American Dryer Inc.

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