Hand Dryer Market by Product Type (Hot Hand Dryer and Jet Hand Dryer), By Mode of Operation (Push Button and Automatic), By Mounting Technique (Surface Mounted and Wall Mounted), By End-use Industry (Hotels and Restaurants, Hospitals and Clinics, Offices, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI18019 | Publish Date: February 2024 | No. of Pages: 170

Global Hand Dryer Market By Overview

Introduction:

Hand Dryer Market was valued at US$ 1.3 Billion in 2024 and is projected to grow at a CAGR of 11.80% to reach US$ 4 Billion by 2034.

Hand dryer is an electrical device, typically in a public toilet, used for drying a person's hands by blowing warm air over them. It is a very effective method of drying hands. Global hand dryer market is witnessing significant growth attributing to awareness about hygiene and cleanliness among the populace.

Various factors such as technological advancement, reducing product prices, and increasing energy efficiency of hand dryers have significantly impacted the global hand dryer market growth. Surge in the number of restaurants, hotels, and fast food chains worldwide is another factor contributing to increasing product adoption. However, rise in health concerns due to microbial cross-contamination and associated noise pollution issues are expected to hinder target market growth during the forecast period. Nevertheless, ongoing research and development to improve quality, energy efficiency, and reduction in noise is anticipated to increase the product demand in the near future.

Global Hand Dryer Market By Segmentation

Global hand dryer market has been segmented into product type, mode of operation, mounting technique, end-use industry, and region.

On the basis of product type, global hand dryer market has been bifurcated into hot hand dryer and jet hand dryer. Jet hand dryers accounted for maximum revenue share so far and are anticipated to dominate the market over the forecast period. However, hot hand dryers dominate in terms of volume owing to their low cost advantages and less noise production. Based on mode of operation, target market is classified into push button segment and automatic segment. Fully automatic segment constitutes the highest market share attributing to better convenience and consumer satisfaction. On the basis of mounting technique, global hand dryer market is bifurcated into surface mounted and wall mounted segment. According to end-use industry, global market is segmented into hotels and restaurants, hospitals and clinics, offices, and others. Currently, food processing and service industry segment is leading the target market followed by hotels in terms of market value. Healthcare premises such as hospitals and clinics are expected to grow during the forecast period owing to increased regulations pertaining to hygiene and cleanliness.

Regional Insights:

Based on region, the global hand dryer market is segmented into North America, Latin America, Europe, Middle East, Asia-Pacific, and Africa. Over the forecast period, demand in Asia-Pacific is estimated to show robust growth on account of developing infrastructure, coupled with the increasing awareness of benefits of use of technologically advanced devices. Europe and North America regions are also expected to show substantial growth in the target market owing to growing adoption of eco-friendly, hassle-free, and cost effective devices in hotels, offices, restaurants, airports, railway stations etc. on account of increasing environmental concerns.

Global Hand Dryer Market By Key Players

Key players operating in the global hand dryer market include World Dryer Corporation, American Dryer Inc., Dyson Ltd., Panasonic Corporation, Saniflow Hand Dryer Corporation, Excel Dryer Inc., Mitsubishi Electric Corporation, and J.V.D SAS.

Global Hand Dryer Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By Mode of Operation
      • Market Snippet, By Mounting Technique
      • Market Snippet, By End-Users
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Hand Dryer Market, By Product Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hot Hand Dryer
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Jet Hand Dryer
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Hand Dryer Market, By Mode of Operation , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Push Button
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automatic
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Hand Dryer Market, By Mounting Technique , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Surface Mounted
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Wall Mounted
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Hand Dryer Market, By End-Users , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hotels and Restaurants
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Hospitals and Clinics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Offices, and Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Hand Dryer Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Mode of Operation , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Mounting Technique , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Mode of Operation , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Mounting Technique , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Mode of Operation , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Mounting Technique , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Mode of Operation , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Mounting Technique , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-Users , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Mode of Operation , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Mounting Technique , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-Users , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • World Dryer Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • American Dryer Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Dyson Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Panasonic Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Saniflow Hand Dryer Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Excel Dryer Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mitsubishi Electric Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • J.V.D SAS.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Hand dryer market has been segmented into product type, mode of operation, mounting technique, end-use industry, and region.

In line with this, the sudden outbreak of COVID-19 pandemic is acting as another major growth-inducing factor as automatic hand dryers offer contactless hand-drying experience, which, in turn, aids in inhibiting the spread of the virus significantly.

Based on region, the global hand dryer market is segmented into North America, Latin America, Europe, Middle East, Asia-Pacific, and Africa. Over the forecast period, demand in Asia-Pacific is estimated to show robust growth on account of developing infrastructure, coupled with the increasing awareness of benefits of use of technologically advanced devices. Europe and North America regions are also expected to show substantial growth in the target market owing to growing adoption of eco-friendly, hassle-free, and cost effective devices in hotels, offices, restaurants, airports, railway stations etc. on account of increasing environmental concerns.

Key players operating in the global hand dryer market include World Dryer Corporation, American Dryer Inc., Dyson Ltd., Panasonic Corporation, Saniflow Hand Dryer Corporation, Excel Dryer Inc., Mitsubishi Electric Corporation, and J.V.D SAS.