The hand dryer market is forecasted to grow by USD 802.59 mn during 2023-2028, accelerating at a CAGR of 10.7% during the forecast period. The report on the hand dryer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation in product design, technology, and features, increasing concerns over wastepaper management, and the growth of the hospitality industry.
Technavio's hand dryer market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
10%
CAGR
10.7%
Incremental Value
$802.59mn
By Type
Automatic hand dryer
Push-button hand dryer
By Product
Hot air hand dryer
Jet air hand dryer
By End-user
Hotels and restaurants
Shopping malls and complex
Hospitals and others
By Geographical Landscape
Europe
North America
APAC
South America
Middle East and Africa
This study identifies the emergence of smart hand dryers as one of the prime reasons driving the hand dryer market growth during the next few years. Also, the high demand for customized hand dryers and the rising demand for hand dryers from developing regions will lead to sizable demand in the market.
The report on the hand dryer market covers the following areas:
Hand dryer market sizing
Hand dryer market forecast
Hand dryer market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hand dryer market vendors include Askon Hygiene Products Pvt. Ltd., Bradley Corp., Carrier Global Corp., Comac Corp., Dyson Group Co., Electrostar GmbH, Euronics Industries Pvt. Ltd., Excel Dryer Inc., Hokwang Industries Co. Ltd., Jaquar India, JVD SAS, Kohler Co., Mitsubishi Electric Corp., Palmer Fixture, Panasonic Holdings Corp., SPL Ltd., STIEBEL ELTRON GmbH and Co. KG, TaiShan Jie Da Electrical Co. LTD., Toto Ltd., and W.M. BARR Co. Inc. Also, the hand dryer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global hand dryer market 2018 - 2022
4.2 Type Segment Analysis 2018 - 2022
4.3 Product Segment Analysis 2018 - 2022
4.4 End-user Segment Analysis 2018 - 2022
4.5 Geography Segment Analysis 2018 - 2022
4.6 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Type
6.1 Market segments
6.2 Comparison by Type
6.3 Automatic hand dryer - Market size and forecast 2023-2028
6.4 Push-button hand dryer - Market size and forecast 2023-2028
6.5 Market opportunity by Type
7 Market Segmentation by Product
7.1 Market segments
7.2 Comparison by Product
7.3 Hot air hand dryer - Market size and forecast 2023-2028
7.4 Jet air hand dryer - Market size and forecast 2023-2028
7.5 Market opportunity by Product
8 Market Segmentation by End-user
8.1 Market segments
8.2 Comparison by End-user
8.3 Hotels and restaurants - Market size and forecast 2023-2028
8.4 Shopping malls and complex - Market size and forecast 2023-2028
8.5 Hospitals and others - Market size and forecast 2023-2028
8.6 Market opportunity by End-user
9 Customer Landscape
9.1 Customer landscape overview
10 Geographic Landscape
10.1 Geographic segmentation
10.2 Geographic comparison
10.3 Europe - Market size and forecast 2023-2028
10.4 North America - Market size and forecast 2023-2028
10.5 APAC - Market size and forecast 2023-2028
10.6 South America - Market size and forecast 2023-2028
10.7 Middle East and Africa - Market size and forecast 2023-2028
10.8 US - Market size and forecast 2023-2028
10.9 China - Market size and forecast 2023-2028
10.10 Germany - Market size and forecast 2023-2028
10.11 France - Market size and forecast 2023-2028
10.12 UK - Market size and forecast 2023-2028
10.13 Market opportunity By Geographical Landscape