Hand dryer is an electrical device, mostly used for drying a person's hands by blowing warm air, either manually or automatically. Hand dryers are in high demand due to increase in awareness about washroom hygiene, less preference of paper towel, and growth of hotel industry. Presently, the hand dryer market faces a swift growth, owing to customizations of hand dryers offered by manufacturers in accordance with customer demand, along with time saving factor and performance efficiency. However, according to the recent studies, hand dryers are considered unhygienic, and it is believed that they spread more germs as compared to conventional technologies, thereby negatively affecting the market growth. Dyson introduced “Dyson Air blade hand dryer,” which reduces bacteria on washed hands by up to 40%. Johnson Electric designed customized hand dryer that increases airflow, which reduces the drying time to almost half. Jet hand dryers are expected to dominate the market, by value, throughout the analysis period. However, market volume of hot hand dryers is expected to dominate the hand dryer market during the forecast period.
The outbreak of COVID-19 has negatively affected the manufacturing activities and disrupted the distribution network of the hand dryer market globally. People were forced to stay at their homes to limit the spread of the virus. Government’s stringent rules regarding social distancing and complete lockdowns resulted in huge losses for vendors operating in the market. All the major key players and other sales channel were closed during the lockdown period. However, a V-shaped recovery is expected in the post-pandemic period.
Hand dryers dry hands quickly and consume less electricity. In addition, there is no need of paper towel, which ultimately saves money. It is eco-friendly and it reduces the usage of paper, thereby saving trees in the long run. However, the spread of bacterial infection owing to the use of the dryer and high noise levels are the major factors that restrict the market growth. Technological advancements to improve high noise level along with an increase in efficiency are expected to create lucrative growth opportunities. The technologically advanced products, which are being launched in this market, primarily focus on speed and hygiene, thereby enhancing market demand. The World Hand Dryer offers VERDEdri, which is the first all-in-one dryer that meets customer requirements of efficiency and consumes only 950 watts power.
The hand dryer market is segmented on the basis of type, end user, mode of operation, and region. On the basis of type, the market is divided into hot hand dryer and jet hand dryer. Based on end user, the market is segmented into hotels, hospitals & clinics, office buildings, food processing & service industries, commercial complexes, and others (railway stations, airports, education institutes, and common public restrooms). By mode of operation, the market is bifurcated into push button hand dryer and automatic hand dryer. Region wise, it is analyzed across North America (the U.S., Mexico, and Canada), Europe (Germany, France, the UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia, and rest of LAMEA).
The major players in hand dryer market are AB Electrolux, American Dryer Inc., Dyson Ltd, Excel Dryer, Inc., Hokwang Industries Co. Ltd., HygenEco Systems, LLC (Bio JetDrier), Mitsubishi Electric Corporation, Palmer Fixture, Panasonic Corporation, and World Dryer Corporation.
The outbreak of COVID-19 has negatively affected the manufacturing activities and disrupted the distribution network of the hand dryer market globally. People were forced to stay at their homes to limit the spread of the virus. Government’s stringent rules regarding social distancing and complete lockdowns resulted in huge losses for vendors operating in the market. All the major key players and other sales channel were closed during the lockdown period. However, a V-shaped recovery is expected in the post-pandemic period.
Hand dryers dry hands quickly and consume less electricity. In addition, there is no need of paper towel, which ultimately saves money. It is eco-friendly and it reduces the usage of paper, thereby saving trees in the long run. However, the spread of bacterial infection owing to the use of the dryer and high noise levels are the major factors that restrict the market growth. Technological advancements to improve high noise level along with an increase in efficiency are expected to create lucrative growth opportunities. The technologically advanced products, which are being launched in this market, primarily focus on speed and hygiene, thereby enhancing market demand. The World Hand Dryer offers VERDEdri, which is the first all-in-one dryer that meets customer requirements of efficiency and consumes only 950 watts power.
The hand dryer market is segmented on the basis of type, end user, mode of operation, and region. On the basis of type, the market is divided into hot hand dryer and jet hand dryer. Based on end user, the market is segmented into hotels, hospitals & clinics, office buildings, food processing & service industries, commercial complexes, and others (railway stations, airports, education institutes, and common public restrooms). By mode of operation, the market is bifurcated into push button hand dryer and automatic hand dryer. Region wise, it is analyzed across North America (the U.S., Mexico, and Canada), Europe (Germany, France, the UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia, and rest of LAMEA).
The major players in hand dryer market are AB Electrolux, American Dryer Inc., Dyson Ltd, Excel Dryer, Inc., Hokwang Industries Co. Ltd., HygenEco Systems, LLC (Bio JetDrier), Mitsubishi Electric Corporation, Palmer Fixture, Panasonic Corporation, and World Dryer Corporation.
KEY MARKET BENEFITS FOR STAKEHOLDERS
- The report provides extensive analysis of the current & emerging trends and opportunities in the hand dryer market
- The report provides detailed qualitative and quantitative analyses of current trends and future estimations, which help to understand the prevailing market opportunities
- A comprehensive analysis of factors that drive and restrict the growth of the hand dryer market is provided in the study
- An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework
- The report provides extensive qualitative insights on the potential & niche segments as well as countries exhibiting favorable growth
Table of Contents
Chapter 1: Introduction1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis
3.7. Market Share Analysis
Chapter 4: Hand Dryer Market, by Type
4.1. Market Overview
4.1.1Market Size and Forecast, by Type
4.2. Hot Hand Dryers
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Jet Hand Dryers
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
Chapter 5: Hand Dryer Market, by End-user
5.1. Market Overview
5.1.1Market Size and Forecast, by End-user
5.2. Hotel
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Hospitals and Clinics
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Food Processing and Service Industry
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country
5.5. Commercial Complexes
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Share Analysis, by Country
5.6. Office Buildings
5.6.1. Key Market Trends, Growth Factors and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Share Analysis, by Country
5.7. Others
5.7.1. Key Market Trends, Growth Factos and Opportunities
5.7.2. Market Size and Forecast, by Region
5.7.3. Market Share Analysis, by Country
Chapter 6: Hand Dryer Market, by Mode of Operation
6.1. Market Overview
6.1.1Market Size and Forecast, by Mode of Operation
6.2. Push Button
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Share Analysis, by Country
6.3. Automatic
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Share Analysis, by Country
Chapter 7: Hand Dryer Market, by Region
7.1. Market Overview
7.1.1Market Size and Forecast, by Region
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. Market Size and Forecast, by Type
7.2.3. Market Size and Forecast, by End-user
7.2.4. Market Size and Forecast, by Mode of Operation
7.2.5. Market Size and Forecast, by Country
7.2.6. United States Hand Dryer Market
7.2.6.1. Market Size and Forecast, by Type
7.2.6.2. Market Size and Forecast, by End-user
7.2.6.3. Market Size and Forecast, by Mode of Operation
7.2.7. Canada Hand Dryer Market
7.2.7.1. Market Size and Forecast, by Type
7.2.7.2. Market Size and Forecast, by End-user
7.2.7.3. Market Size and Forecast, by Mode of Operation
7.2.8. Mexico Hand Dryer Market
7.2.8.1. Market Size and Forecast, by Type
7.2.8.2. Market Size and Forecast, by End-user
7.2.8.3. Market Size and Forecast, by Mode of Operation
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Market Size and Forecast, by Type
7.3.3. Market Size and Forecast, by End-user
7.3.4. Market Size and Forecast, by Mode of Operation
7.3.5. Market Size and Forecast, by Country
7.3.6. Germany Hand Dryer Market
7.3.6.1. Market Size and Forecast, by Type
7.3.6.2. Market Size and Forecast, by End-user
7.3.6.3. Market Size and Forecast, by Mode of Operation
7.3.7. France Hand Dryer Market
7.3.7.1. Market Size and Forecast, by Type
7.3.7.2. Market Size and Forecast, by End-user
7.3.7.3. Market Size and Forecast, by Mode of Operation
7.3.8. Uk Hand Dryer Market
7.3.8.1. Market Size and Forecast, by Type
7.3.8.2. Market Size and Forecast, by End-user
7.3.8.3. Market Size and Forecast, by Mode of Operation
7.3.9. Italy Hand Dryer Market
7.3.9.1. Market Size and Forecast, by Type
7.3.9.2. Market Size and Forecast, by End-user
7.3.9.3. Market Size and Forecast, by Mode of Operation
7.3.10. Spain Hand Dryer Market
7.3.10.1. Market Size and Forecast, by Type
7.3.10.2. Market Size and Forecast, by End-user
7.3.10.3. Market Size and Forecast, by Mode of Operation
7.3.11. Russia Hand Dryer Market
7.3.11.1. Market Size and Forecast, by Type
7.3.11.2. Market Size and Forecast, by End-user
7.3.11.3. Market Size and Forecast, by Mode of Operation
7.3.12. Rest of Europe Hand Dryer Market
7.3.12.1. Market Size and Forecast, by Type
7.3.12.2. Market Size and Forecast, by End-user
7.3.12.3. Market Size and Forecast, by Mode of Operation
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Market Size and Forecast, by Type
7.4.3. Market Size and Forecast, by End-user
7.4.4. Market Size and Forecast, by Mode of Operation
7.4.5. Market Size and Forecast, by Country
7.4.6. China Hand Dryer Market
7.4.6.1. Market Size and Forecast, by Type
7.4.6.2. Market Size and Forecast, by End-user
7.4.6.3. Market Size and Forecast, by Mode of Operation
7.4.7. Japan Hand Dryer Market
7.4.7.1. Market Size and Forecast, by Type
7.4.7.2. Market Size and Forecast, by End-user
7.4.7.3. Market Size and Forecast, by Mode of Operation
7.4.8. India Hand Dryer Market
7.4.8.1. Market Size and Forecast, by Type
7.4.8.2. Market Size and Forecast, by End-user
7.4.8.3. Market Size and Forecast, by Mode of Operation
7.4.9. Australia Hand Dryer Market
7.4.9.1. Market Size and Forecast, by Type
7.4.9.2. Market Size and Forecast, by End-user
7.4.9.3. Market Size and Forecast, by Mode of Operation
7.4.10. South Korea Hand Dryer Market
7.4.10.1. Market Size and Forecast, by Type
7.4.10.2. Market Size and Forecast, by End-user
7.4.10.3. Market Size and Forecast, by Mode of Operation
7.4.11. Rest of Asia-Pacific Hand Dryer Market
7.4.11.1. Market Size and Forecast, by Type
7.4.11.2. Market Size and Forecast, by End-user
7.4.11.3. Market Size and Forecast, by Mode of Operation
7.5. Lamea
7.5.1. Key Market Trends and Opportunities
7.5.2. Market Size and Forecast, by Type
7.5.3. Market Size and Forecast, by End-user
7.5.4. Market Size and Forecast, by Mode of Operation
7.5.5. Market Size and Forecast, by Country
7.5.6. Brazil Hand Dryer Market
7.5.6.1. Market Size and Forecast, by Type
7.5.6.2. Market Size and Forecast, by End-user
7.5.6.3. Market Size and Forecast, by Mode of Operation
7.5.7. Argentina Hand Dryer Market
7.5.7.1. Market Size and Forecast, by Type
7.5.7.2. Market Size and Forecast, by End-user
7.5.7.3. Market Size and Forecast, by Mode of Operation
7.5.8. Uae Hand Dryer Market
7.5.8.1. Market Size and Forecast, by Type
7.5.8.2. Market Size and Forecast, by End-user
7.5.8.3. Market Size and Forecast, by Mode of Operation
7.5.9. South Africa Hand Dryer Market
7.5.9.1. Market Size and Forecast, by Type
7.5.9.2. Market Size and Forecast, by End-user
7.5.9.3. Market Size and Forecast, by Mode of Operation
7.5.10. Saudi Arabia Hand Dryer Market
7.5.10.1. Market Size and Forecast, by Type
7.5.10.2. Market Size and Forecast, by End-user
7.5.10.3. Market Size and Forecast, by Mode of Operation
7.5.11. Rest of LAMEA Hand Dryer Market
7.5.11.1. Market Size and Forecast, by Type
7.5.11.2. Market Size and Forecast, by End-user
7.5.11.3. Market Size and Forecast, by Mode of Operation
Chapter 8: Company Profiles
8.1. World Dryer Corporation
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. American Dryer Inc
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. Dyson Ltd
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Palmer Fixture
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. Hygeneco Systems, LLC (Bio Jetdrier)
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Mitsubishi Electric Corporation
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Panasonic Corporation
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Hokwang Industries Co. Ltd
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Jvd
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. Excel Dryer, Inc
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments
Note: *Details on Financial Performance and Strategic Moves and Developments May Not Be Captured For
Unlisted Companies.
*List of Companies Profiled in this Toc is Tentative and May Change After Detailed Analysis.
*Market Size and Forecast Will Be Provided from 2020-2031, and Forecast Period Would Be 2022-2031.
*The Provided Information and Segments Are for Representation Purpose Only. The Actual Information
Delivered Would Change Significantly as Per Findings During the Course of Study and Upon Its
Completion.List of Tables
Table 1. Global Hand Dryer Market, by Type, 2020-2031 ($Million)
Table 2. Global Hand Dryer Market for Hot Hand Dryers, by Region, 2020-2031 ($Million)
Table 3. Global Hand Dryer Market for Jet Hand Dryers, by Region, 2020-2031 ($Million)
Table 4. Global Hand Dryer Market, by End-user, 2020-2031 ($Million)
Table 5. Global Hand Dryer Market for Hotel, by Region, 2020-2031 ($Million)
Table 6. Global Hand Dryer Market for Hospitals and Clinics, by Region, 2020-2031 ($Million)
Table 7. Global Hand Dryer Market for Food Processing and Service Industry, by Region, 2020-2031 ($Million)
Table 8. Global Hand Dryer Market for Commercial Complexes, by Region, 2020-2031 ($Million)
Table 9. Global Hand Dryer Market for Office Buildings, by Region, 2020-2031 ($Million)
Table 10. Global Hand Dryer Market for Others, by Region, 2020-2031 ($Million)
Table 11. Global Hand Dryer Market, by Mode of Operation, 2020-2031 ($Million)
Table 12. Global Hand Dryer Market for Push Button, by Region, 2020-2031 ($Million)
Table 13. Global Hand Dryer Market for Automatic, by Region, 2020-2031 ($Million)
Table 14. Global Hand Dryer Market, by Region, 2020-2031 ($Million)
Table 15. North America Hand Dryer, by Type, 2020-2031 ($Million)
Table 16. North America Hand Dryer, by End-user, 2020-2031 ($Million)
Table 17. North America Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 18. United States Hand Dryer, by Type, 2020-2031 ($Million)
Table 19. United States Hand Dryer, by End-user, 2020-2031 ($Million)
Table 20. United States Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 21. Canada Hand Dryer, by Type, 2020-2031 ($Million)
Table 22. Canada Hand Dryer, by End-user, 2020-2031 ($Million)
Table 23. Canada Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 24. Mexico Hand Dryer, by Type, 2020-2031 ($Million)
Table 25. Mexico Hand Dryer, by End-user, 2020-2031 ($Million)
Table 26. Mexico Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 27. Europe Hand Dryer, by Type, 2020-2031 ($Million)
Table 28. Europe Hand Dryer, by End-user, 2020-2031 ($Million)
Table 29. Europe Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 30. Germany Hand Dryer, by Type, 2020-2031 ($Million)
Table 31. Germany Hand Dryer, by End-user, 2020-2031 ($Million)
Table 32. Germany Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 33. France Hand Dryer, by Type, 2020-2031 ($Million)
Table 34. France Hand Dryer, by End-user, 2020-2031 ($Million)
Table 35. France Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 36. Uk Hand Dryer, by Type, 2020-2031 ($Million)
Table 37. Uk Hand Dryer, by End-user, 2020-2031 ($Million)
Table 38. Uk Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 39. Italy Hand Dryer, by Type, 2020-2031 ($Million)
Table 40. Italy Hand Dryer, by End-user, 2020-2031 ($Million)
Table 41. Italy Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 42. Spain Hand Dryer, by Type, 2020-2031 ($Million)
Table 43. Spain Hand Dryer, by End-user, 2020-2031 ($Million)
Table 44. Spain Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 45. Russia Hand Dryer, by Type, 2020-2031 ($Million)
Table 46. Russia Hand Dryer, by End-user, 2020-2031 ($Million)
Table 47. Russia Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 48. Rest of Europe Hand Dryer, by Type, 2020-2031 ($Million)
Table 49. Rest of Europe Hand Dryer, by End-user, 2020-2031 ($Million)
Table 50. Rest of Europe Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 51. Asia-Pacific Hand Dryer, by Type, 2020-2031 ($Million)
Table 52. Asia-Pacific Hand Dryer, by End-user, 2020-2031 ($Million)
Table 53. Asia-Pacific Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 54. China Hand Dryer, by Type, 2020-2031 ($Million)
Table 55. China Hand Dryer, by End-user, 2020-2031 ($Million)
Table 56. China Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 57. Japan Hand Dryer, by Type, 2020-2031 ($Million)
Table 58. Japan Hand Dryer, by End-user, 2020-2031 ($Million)
Table 59. Japan Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 60. India Hand Dryer, by Type, 2020-2031 ($Million)
Table 61. India Hand Dryer, by End-user, 2020-2031 ($Million)
Table 62. India Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 63. Australia Hand Dryer, by Type, 2020-2031 ($Million)
Table 64. Australia Hand Dryer, by End-user, 2020-2031 ($Million)
Table 65. Australia Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 66. South Korea Hand Dryer, by Type, 2020-2031 ($Million)
Table 67. South Korea Hand Dryer, by End-user, 2020-2031 ($Million)
Table 68. South Korea Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 69. Rest of Asia-Pacific Hand Dryer, by Type, 2020-2031 ($Million)
Table 70. Rest of Asia-Pacific Hand Dryer, by End-user, 2020-2031 ($Million)
Table 71. Rest of Asia-Pacific Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 72. Lamea Hand Dryer, by Type, 2020-2031 ($Million)
Table 73. Lamea Hand Dryer, by End-user, 2020-2031 ($Million)
Table 74. Lamea Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 75. Brazil Hand Dryer, by Type, 2020-2031 ($Million)
Table 76. Brazil Hand Dryer, by End-user, 2020-2031 ($Million)
Table 77. Brazil Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 78. Argentina Hand Dryer, by Type, 2020-2031 ($Million)
Table 79. Argentina Hand Dryer, by End-user, 2020-2031 ($Million)
Table 80. Argentina Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 81. Uae Hand Dryer, by Type, 2020-2031 ($Million)
Table 82. Uae Hand Dryer, by End-user, 2020-2031 ($Million)
Table 83. Uae Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 84. South Africa Hand Dryer, by Type, 2020-2031 ($Million)
Table 85. South Africa Hand Dryer, by End-user, 2020-2031 ($Million)
Table 86. South Africa Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 87. Saudi Arabia Hand Dryer, by Type, 2020-2031 ($Million)
Table 88. Saudi Arabia Hand Dryer, by End-user, 2020-2031 ($Million)
Table 89. Saudi Arabia Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 90. Rest of LAMEA Hand Dryer, by Type, 2020-2031 ($Million)
Table 91. Rest of LAMEA Hand Dryer, by End-user, 2020-2031 ($Million)
Table 92. Rest of LAMEA Hand Dryer, by Mode of Operation, 2020-2031 ($Million)
Table 93. World Dryer Corporation: Key Executives
Table 94. World Dryer Corporation: Company Snapshot
Table 95. World Dryer Corporation: Operating Segments
Table 96. World Dryer Corporation: Product Portfolio
Table 97. World Dryer Corporation: Key Strategic Moves and Developments
Table 98. American Dryer Inc: Key Executives
Table 99. American Dryer Inc: Company Snapshot
Table 100. American Dryer Inc: Operating Segments
Table 101. American Dryer Inc: Product Portfolio
Table 102. American Dryer Inc: Key Strategic Moves and Developments
Table 103. Dyson Ltd: Key Executives
Table 104. Dyson Ltd: Company Snapshot
Table 105. Dyson Ltd: Operating Segments
Table 106. Dyson Ltd: Product Portfolio
Table 107. Dyson Ltd: Key Strategic Moves and Developments
Table 108. Palmer Fixture: Key Executives
Table 109. Palmer Fixture: Company Snapshot
Table 110. Palmer Fixture: Operating Segments
Table 111. Palmer Fixture: Product Portfolio
Table 112. Palmer Fixture: Key Strategic Moves and Developments
Table 113. Hygeneco Systems, LLC (Bio Jetdrier): Key Executives
Table 114. Hygeneco Systems, LLC (Bio Jetdrier): Company Snapshot
Table 115. Hygeneco Systems, LLC (Bio Jetdrier): Operating Segments
Table 116. Hygeneco Systems, LLC (Bio Jetdrier): Product Portfolio
Table 117. Hygeneco Systems, LLC (Bio Jetdrier): Key Strategic Moves and Developments
Table 118. Mitsubishi Electric Corporation: Key Executives
Table 119. Mitsubishi Electric Corporation: Company Snapshot
Table 120. Mitsubishi Electric Corporation: Operating Segments
Table 121. Mitsubishi Electric Corporation: Product Portfolio
Table 122. Mitsubishi Electric Corporation: Key Strategic Moves and Developments
Table 123. Panasonic Corporation: Key Executives
Table 124. Panasonic Corporation: Company Snapshot
Table 125. Panasonic Corporation: Operating Segments
Table 126. Panasonic Corporation: Product Portfolio
Table 127. Panasonic Corporation: Key Strategic Moves and Developments
Table 128. Hokwang Industries Co. Ltd: Key Executives
Table 129. Hokwang Industries Co. Ltd: Company Snapshot
Table 130. Hokwang Industries Co. Ltd: Operating Segments
Table 131. Hokwang Industries Co. Ltd: Product Portfolio
Table 132. Hokwang Industries Co. Ltd: Key Strategic Moves and Developments
Table 133. Jvd: Key Executives
Table 134. Jvd: Company Snapshot
Table 135. Jvd: Operating Segments
Table 136. Jvd: Product Portfolio
Table 137. Jvd: Key Strategic Moves and Developments
Table 138. Excel Dryer, Inc: Key Executives
Table 139. Excel Dryer, Inc: Company Snapshot
Table 140. Excel Dryer, Inc: Operating Segments
Table 141. Excel Dryer, Inc: Product Portfolio
Table 142. Excel Dryer, Inc: Key Strategic Moves and Developments
List of Figures
Figure 1. Global Hand Dryer Market Segmentation
Figure 2. Global Hand Dryer Market
Figure 3. Segmentation Hand Dryer Market
Figure 4. Top Investment Pocket in Hand Dryer Market
Figure 5. Top Winning Strategies, 2019-2021*
Figure 6. Top Winning Strategies, by Development, 2019-2021(%)
Figure 7. Top Winning Strategies, by Company, 2019-2021*
Figure 8. Moderate Bargaining Power of Buyers
Figure 9. Moderate Bargaining Power of Suppliers
Figure 10. Moderate Threat of New Entrants
Figure 11. Low Threat of Substitution
Figure 12. High Competitive Rivalry
Figure 13. Top Player Positioning, 2020
Figure 14. Market Share Analysis, 2020
Figure 15. Restraints and Drivers: Hand Dryer Market
Figure 16. Hand Dryer Market Segmentation, by Type
Figure 17. Hand Dryer Market for Hot Hand Dryers, by Country, 2020-2031 ($ Million)
Figure 18. Hand Dryer Market for Jet Hand Dryers, by Country, 2020-2031 ($ Million)
Figure 19. Hand Dryer Market Segmentation, by End-user
Figure 20. Hand Dryer Market for Hotel, by Country, 2020-2031 ($ Million)
Figure 21. Hand Dryer Market for Hospitals and Clinics, by Country, 2020-2031 ($ Million)
Figure 22. Hand Dryer Market for Food Processing and Service Industry, by Country, 2020-2031 ($ Million)
Figure 23. Hand Dryer Market for Commercial Complexes, by Country, 2020-2031 ($ Million)
Figure 24. Hand Dryer Market for Office Buildings, by Country, 2020-2031 ($ Million)
Figure 25. Hand Dryer Market for Others, by Country, 2020-2031 ($ Million)
Figure 26. Hand Dryer Market Segmentation, by Mode of Operation
Figure 27. Hand Dryer Market for Push Button, by Country, 2020-2031 ($ Million)
Figure 28. Hand Dryer Market for Automatic, by Country, 2020-2031 ($ Million)
Figure 29. World Dryer Corporation: Net Sales, 2018-2020 ($ Million)
Figure 30. World Dryer Corporation: Revenue Share, by Segment, 2020 (%)
Figure 31. World Dryer Corporation: Revenue Share, by Region, 2020 (%)
Figure 32. American Dryer Inc: Net Sales, 2018-2020 ($ Million)
Figure 33. American Dryer Inc: Revenue Share, by Segment, 2020 (%)
Figure 34. American Dryer Inc: Revenue Share, by Region, 2020 (%)
Figure 35. Dyson Ltd: Net Sales, 2018-2020 ($ Million)
Figure 36. Dyson Ltd: Revenue Share, by Segment, 2020 (%)
Figure 37. Dyson Ltd: Revenue Share, by Region, 2020 (%)
Figure 38. Palmer Fixture: Net Sales, 2018-2020 ($ Million)
Figure 39. Palmer Fixture: Revenue Share, by Segment, 2020 (%)
Figure 40. Palmer Fixture: Revenue Share, by Region, 2020 (%)
Figure 41. Hygeneco Systems, LLC (Bio Jetdrier): Net Sales, 2018-2020 ($ Million)
Figure 42. Hygeneco Systems, LLC (Bio Jetdrier): Revenue Share, by Segment, 2020 (%)
Figure 43. Hygeneco Systems, LLC (Bio Jetdrier): Revenue Share, by Region, 2020 (%)
Figure 44. Mitsubishi Electric Corporation: Net Sales, 2018-2020 ($ Million)
Figure 45. Mitsubishi Electric Corporation: Revenue Share, by Segment, 2020 (%)
Figure 46. Mitsubishi Electric Corporation: Revenue Share, by Region, 2020 (%)
Figure 47. Panasonic Corporation: Net Sales, 2018-2020 ($ Million)
Figure 48. Panasonic Corporation: Revenue Share, by Segment, 2020 (%)
Figure 49. Panasonic Corporation: Revenue Share, by Region, 2020 (%)
Figure 50. Hokwang Industries Co. Ltd: Net Sales, 2018-2020 ($ Million)
Figure 51. Hokwang Industries Co. Ltd: Revenue Share, by Segment, 2020 (%)
Figure 52. Hokwang Industries Co. Ltd: Revenue Share, by Region, 2020 (%)
Figure 53. Jvd: Net Sales, 2018-2020 ($ Million)
Figure 54. Jvd: Revenue Share, by Segment, 2020 (%)
Figure 55. Jvd: Revenue Share, by Region, 2020 (%)
Figure 56. Excel Dryer, Inc: Net Sales, 2018-2020 ($ Million)
Figure 57. Excel Dryer, Inc: Revenue Share, by Segment, 2020 (%)
Figure 58. Excel Dryer, Inc: Revenue Share, by Region, 2020 (%)
Executive Summary
According to a new report titled, “Hand Dryer Market by Type, End User, and Mode of Operation: Global Opportunity Analysis and Industry Forecast, 2020–2031,”The global hand dryer market size was valued at $781.5 million in 2020, and is projected to reach $3,100.1 million by 2031, registering a CAGR of 12.9% from 2022 to 2031.
The hand dryer market is expanding, having presence in almost all the regions. Technological advancements and adoption of new innovation in hand dryer in rising economies have boosted the prospects in the hand dryer market. In the prevailing business scenario, the demand for less noisy and less time-consuming hand dryer products is witnessing significant growth among the various end users. Adoption of effective drying technology and rise in health awareness in BRIC countries have shown increase in use of hand dryers. The increase in competition among the regional and domestic players have created numerous options to the buyers.
In the current business scenario, Europe leads the hand dryer market, while Asia-Pacific is the fastest growing market on account of increase in adoption of hand dryers. Asia-Pacific is expecting the highest CAGR due to major adoption of automatic jet hand dryers in various sectors including hotels, hospitals, commercial complexes, and office building.
Porter’s five forces framework analyze the intensity of competitive rivalry by considering various parameters such as bargaining power of buyers & suppliers and threat of new entrants &substitutes. Fluctuation in raw material prices and presence of numerous market players lead to moderate bargaining power of suppliers. In addition, availability of range of products and variety seeking habit of customers results in moderate bargaining power of buyers.
The value chain analysis provides a systematic study of the key intermediaries involved in the final product manufacturing. The value chain includes R&D, raw material providers, manufacturers, distributors (retail and offline stores), and end users. This analysis helps the stakeholders to devise appropriate strategies and develop their businesses accordingly.
The hand dryer market is segmented on the basis of type, end user, mode of operation, and region. The types of hand dryers include hot hand dryers and jet hand dryers. The jet hand dryer segment dominated the overall market in 2020, with a market share of 64.4. However, the jet hand dryer market, by volume, is expected to grow with the highest CAGR of 13.5 % during the forecast period owing to the technological advancements that are projected to reduce price of jet hand dryers.
The end user segment is classified into hotels, hospitals, food processing & service industries, commercial complexes, office buildings, and others. In 2020, the food processing & service industry segment was the largest segment, in terms of revenue, with a market share of more than 30%.
The mode of operation segment is divided into push button hand dryers and automatic hand dryers. Automatic hand dryers constituted the highest revenue in 2020 accounting for more than 80% market share of the overall market.
Hand dryers are prominently used across the globe on account of hygiene management and eco-friendly technological requirements. Europe was the largest revenue generator, with a market value of $253.1 million in 2020; however, Asia-Pacific is estimated to grow at the highest CAGR of 13.3% during the forecast period.
The key companies profiled in hand dryer industry are AB Electrolux, American Dryer Inc., Dyson Ltd., Excel Dryer, Inc., Hokwang Industries Co. Ltd., HygenEco Systems, LLC (Bio JetDrier), Mitsubishi Electric Corporation, Palmer Fixture, Panasonic Corporation, and World Dryer Corporation.
Key Findings Of The Study
Jet hand dryer held the major share in the market accounting near 64% of the total market.
- Europe is expected to continue to lead the market followed by North America during the forecast period
- North America and Asia-Pacific jointly account for more than half of the total share in 2020
Companies Mentioned
- AB Electrolux
- American Dryer Inc
- Dyson Ltd
- Excel Dryer, Inc
- Hokwang Industries Co. Ltd
- HygenEco Systems
- LLC (Bio JetDrier)
- Mitsubishi Electric Corporation
- Palmer Fixture
- Panasonic Corporation
- World Dryer Corporation.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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