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With a predicted CAGR of 14.9% from 2024–2031, the worldwide hand dryer market size is expected to increase from $781.25 million in 2024 to $3,100.10 million in 2031.
Most end users use hand dryers in public and private facilities to keep things clean, cut down on drying time, and save money on operating costs. One common tactic used by leading companies in the hand dryer industry is introducing new products that highlight innovative technologies that allow them to meet customer requests. The hand dryer market is being influenced by a number of important aspects, such as technological developments, product modifications, noise level, initial investment, and eco-friendly technologies. Hand dryers have become increasingly popular among consumers across a variety of end user sectors due to factors like environmentally friendly technology, technological breakthroughs, product modifications, and the low barrier to entry (LoI).
Suppliers of raw materials, producers and assemblers of finished goods, distributors, retailers, and consumers all make up the hand dryer value chain. The competitive worth of the product is enhanced by the unique contributions of each of these actors at their site of operation. Companies would lower their prices to increase their global market share due to the high level of competition among the main industry competitors. Materials utilized in the design of the hand dryer, including body material, control circuitry, cables, heater, hand proximity sensor, indicators, and switches, are the first link in the value chain.
Common in public restrooms, hand dryers are electrical devices that remove moisture from the user's hands. You may save time and money by using a hand dryer. As a result of the increase in energy costs, market participants are focusing more on developing hand dryers that are energy efficient. For lightning-fast action, modern hand dryers use ultra-sensitive motors and sensors. Hot air hand dryers are just one of several varieties of hand dryers on the market. A lot of businesses are likewise investing in high-speed hand dryers.
Commercial establishments such as shopping centers, hospitals, airports, and other public toilets often have hand dryers installed. Electric hand dryers utilize modern aeration technology, making them more efficient than traditional hand dryers. The use of electric hand dryers is on the rise due to a greater emphasis on personal cleanliness. The use of these hand dryers helps cut down on paper waste, which is good for the environment. The installation of hand dryers in numerous commercial establishments is a direct result of the trend toward more technologically advanced and upscale consumer goods.
In the coming years, the hand dryer market is anticipated to experience expansion due to factors such as the increasing popularity of eco-friendly products, the desire for smart infrastructure among consumers, and the demand for electrical appliances that are both fast and safe for children. Electric hand dryers with high-efficiency particulate air (HEPA) filters have become increasingly popular due to the increased focus on personal hygiene in the wake of the COVID-19 pandemic.
Individual market-impacting factors and changes in domestic regulation that impact the present and future trends of the hand dryers market are also provided in the country part of the market study. Market forecasts for specific nations are based on a variety of data points, including analyses of the upstream and downstream value chains, case studies, technical trends, and Porter's Five Forces model. When making predictions based on national statistics, we also take into account things like the availability and presence of global brands, the difficulties encountered by these brands as a result of strong or weak competition from local and domestic brands, the effect of domestic tariffs, and trade routes.
Report Coverage
Global Hand Dryers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Hand Dryers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Hand Dryers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Hand Dryers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Hand Dryers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Hand Dryers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
American Dryer, Dyson, ELECTROSTAR, Euronics Industries Pvt Ltd, SAVORTEX, Jaguar Group Sdn. Bhd., Excel Dryer., Panasonic Corporation, Mitsubishi Electric Corporation, SPL NZ., Bobrick Washroom Equipment, Inc., Saniflow, Taishan Jieda Electric Co., Ltd., World Dryer., Palmer Fixture Company, Hokwang Industries Co., Ltd., TOTO LTD., GROUPE JVD, Toshi Automatic Systems Pvt. Ltd., Penson & Co., European Tissue, Warner Howard, The Hygiene Company, Veltia UK among other
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Hand Dryers market based on the below-mentioned segments:
Global Hand Dryers Market, By Type
Hot hand dryer
Jet hand dryer
Global Hand Dryers market, By Mode of Operation
Push Button Hand Dryer
Automatic Hand Dryer
Global Hand Dryers Market, By End User
Hotel
Hospitals and Clinics
Food processing and service industry
Commercial complexes
Office buildings
Others
Global Hand Dryers market, Regional Analysis
Most end users use hand dryers in public and private facilities to keep things clean, cut down on drying time, and save money on operating costs. One common tactic used by leading companies in the hand dryer industry is introducing new products that highlight innovative technologies that allow them to meet customer requests. The hand dryer market is being influenced by a number of important aspects, such as technological developments, product modifications, noise level, initial investment, and eco-friendly technologies. Hand dryers have become increasingly popular among consumers across a variety of end user sectors due to factors like environmentally friendly technology, technological breakthroughs, product modifications, and the low barrier to entry (LoI).
Suppliers of raw materials, producers and assemblers of finished goods, distributors, retailers, and consumers all make up the hand dryer value chain. The competitive worth of the product is enhanced by the unique contributions of each of these actors at their site of operation. Companies would lower their prices to increase their global market share due to the high level of competition among the main industry competitors. Materials utilized in the design of the hand dryer, including body material, control circuitry, cables, heater, hand proximity sensor, indicators, and switches, are the first link in the value chain.
Common in public restrooms, hand dryers are electrical devices that remove moisture from the user's hands. You may save time and money by using a hand dryer. As a result of the increase in energy costs, market participants are focusing more on developing hand dryers that are energy efficient. For lightning-fast action, modern hand dryers use ultra-sensitive motors and sensors. Hot air hand dryers are just one of several varieties of hand dryers on the market. A lot of businesses are likewise investing in high-speed hand dryers.
Commercial establishments such as shopping centers, hospitals, airports, and other public toilets often have hand dryers installed. Electric hand dryers utilize modern aeration technology, making them more efficient than traditional hand dryers. The use of electric hand dryers is on the rise due to a greater emphasis on personal cleanliness. The use of these hand dryers helps cut down on paper waste, which is good for the environment. The installation of hand dryers in numerous commercial establishments is a direct result of the trend toward more technologically advanced and upscale consumer goods.
In the coming years, the hand dryer market is anticipated to experience expansion due to factors such as the increasing popularity of eco-friendly products, the desire for smart infrastructure among consumers, and the demand for electrical appliances that are both fast and safe for children. Electric hand dryers with high-efficiency particulate air (HEPA) filters have become increasingly popular due to the increased focus on personal hygiene in the wake of the COVID-19 pandemic.
Individual market-impacting factors and changes in domestic regulation that impact the present and future trends of the hand dryers market are also provided in the country part of the market study. Market forecasts for specific nations are based on a variety of data points, including analyses of the upstream and downstream value chains, case studies, technical trends, and Porter's Five Forces model. When making predictions based on national statistics, we also take into account things like the availability and presence of global brands, the difficulties encountered by these brands as a result of strong or weak competition from local and domestic brands, the effect of domestic tariffs, and trade routes.
Report Coverage
Global Hand Dryers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Hand Dryers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Hand Dryers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Hand Dryers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | American Dryer, Dyson, ELECTROSTAR, Euronics Industries Pvt Ltd, SAVORTEX, Jaguar Group Sdn. Bhd., Excel Dryer., Panasonic Corporation, Mitsubishi Electric Corporation, SPL NZ., Bobrick Washroom Equipment, Inc., Saniflow, Taishan Jieda Electric Co., Ltd., World Dryer., Palmer Fixture Company, Hokwang Industries Co., Ltd., TOTO LTD., GROUPE JVD, Toshi Automatic Systems Pvt. Ltd., Penson & Co., European Tissue, Warner Howard, The Hygiene Company, Veltia UK among other |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Hand Dryers Market from 2021 to 2031.
- Market Forecast for Hand Dryers Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Hand Dryers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Hand Dryers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Hand Dryers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Hand Dryers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
American Dryer, Dyson, ELECTROSTAR, Euronics Industries Pvt Ltd, SAVORTEX, Jaguar Group Sdn. Bhd., Excel Dryer., Panasonic Corporation, Mitsubishi Electric Corporation, SPL NZ., Bobrick Washroom Equipment, Inc., Saniflow, Taishan Jieda Electric Co., Ltd., World Dryer., Palmer Fixture Company, Hokwang Industries Co., Ltd., TOTO LTD., GROUPE JVD, Toshi Automatic Systems Pvt. Ltd., Penson & Co., European Tissue, Warner Howard, The Hygiene Company, Veltia UK among other
Primary Target Market
- Market Players of Hand Dryers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Hand Dryers market based on the below-mentioned segments:
Global Hand Dryers Market, By Type
Hot hand dryer
Jet hand dryer
Global Hand Dryers market, By Mode of Operation
Push Button Hand Dryer
Automatic Hand Dryer
Global Hand Dryers Market, By End User
Hotel
Hospitals and Clinics
Food processing and service industry
Commercial complexes
Office buildings
Others
Global Hand Dryers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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