Dublin, May 19, 2022 /PRNewswire/—— “Hand Dryers Market by Type, End User and Operating Model: Global Opportunity Analysis and Industry Forecast 2022-2031” report added to ResearchAndMarkets.com’s supply.
The global hand dryer market size is estimated at $781.5 million In 2020, it is expected to reach $3.1001 billion To 2031, the compound annual growth rate from 2022 to 2031 is 12.9%.
A hand dryer is an electrical device mainly used to dry human hands by blowing warm air manually or automatically. Hand dryers are in high demand owing to increasing awareness of toilet hygiene, decreasing preference for paper towels, and growth in the hospitality industry.
Currently, the hand dryer market is facing rapid growth due to the customization of hand dryers by manufacturers according to customer needs, as well as time saving factors and performance efficiency. However, according to recent research, hand dryers are considered unhygienic and they spread more germs than conventional techniques, thus negatively impacting the market growth.
Dyson has launched the “Dyson Air Blade Hand Dryer” which reduces germs on washed hands by up to 40%. Johnson Electric designed custom hand dryers to increase airflow, reducing drying time by nearly half. Jet hand dryers are expected to dominate the market by value throughout the analysis period. However, the thermal hand dryer market volume is expected to dominate the hand dryer market during the forecast period.
The outbreak of COVID-19 has negatively impacted the manufacturing activities and disrupted the distribution network of the global hand dryer market. People were forced to stay at home to limit the spread of the virus. Strict government regulations on social distancing and total lockdowns have resulted in huge losses for suppliers operating in the market. All major key players and other sales channels have been closed during the lockdown. In the post-pandemic period, however, a V-shaped recovery is expected.
The hand dryer dries quickly and consumes less power. Plus, no paper towels are required, saving you money in the end. It is eco-friendly, it reduces the use of paper and thus protects the tree in the long run. However, the spread of bacterial infections due to the use of dryers and high noise levels are major factors restraining the market growth.
Technological advancements to improve high noise levels as well as increase efficiency are expected to create lucrative growth opportunities. Technologically advanced products launched in this market are mainly focused on speed and hygiene, thereby increasing market demand. World Hand Dryer offers VERDEdri, the first all-in-one hand dryer that meets customer efficiency requirements and consumes only 950 watts of 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 segmented into thermal hand dryers and jet hand dryers. On the basis of end users, the market is segmented into hotels, hospitals and clinics, office buildings, food processing and service industries, commercial complexes, and others (train stations, airports, educational institutions, and public toilets).
By operation mode, the market is segmented into push-button hand dryers and automatic hand dryers.Regionally, it is analyzed North America (U.S, Mexicoand Canada), Europe (Germany, FranceU.K, Italy, Spain, Russia,The remaining Europe), Asia Pacific (China, India, Japan, South Korea, Australia,The remaining Asia Pacific) and Lamia (Brazil, ArgentinaUnited Arab Emirates, South Africa, Saudi Arabiaand other LAMEA).
The key players in the 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 Company and World Dryer Company.
main advantage
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The report provides an extensive analysis of current and emerging trends and opportunities in the Hand Dryer Market
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The report provides detailed qualitative and quantitative analysis of current trends and future estimates that help understand current market opportunities
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The study provides a comprehensive analysis of the factors driving and restraining the growth of the Hand Dryers Market
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Extensive analysis of the market by tracking key product positioning and monitoring top competitors within the market framework
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The report provides broad qualitative insights on potential and niche segments and countries showing good growth
Key topics covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Pattern
3.1.Market Definition and Scope
3.2. Main findings
3.2.1.top investment pocket
3.2.2. Best Winning Strategy
3.3. Porter’s Five Forces Analysis
3.3.1.Bargaining power of suppliers
3.3.2. The threat of new entrants
3.3.3. The threat of substitutes
3.3.4.Competition is fierce
3.3.5.Bargaining power among buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1.Market share analysis/positioning of top players in 2020
3.5. Market dynamics
3.5.1.driver
3.5.2. Constraints
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
4.1.1 Market Size and Forecast, by Type
4.2. Thermal 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. Air 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 Dryers Market by End User
5.1.market Overview
5.1.1 Market Size and Forecast by End User
5.2. Hotels
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 industries
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 Factors and Opportunities
5.7.2. Market Size and Forecast, by Region
5.7.3. Market Share Analysis, by Country
Chapter 6: Hand Dryers Market by Mode of Operation
6.1.market Overview
6.1.1 Market Size and Forecast, by Mode of Operation
6.2. Buttons
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 Dryers Market by Regions
Chapter 8: Company Profile
8.1.world dryer corp.
8.1.1.Company Profile
8.1.2. Key management personnel
8.1.3. Company Snapshot
8.1.4. Operating business divisions
8.1.5.Product introduction
8.1.6.Operating results
8.1.7. Key strategic initiatives and developments
8.2. American Dryer Company
8.2.1.Company Profile
8.2.2. Key management personnel
8.2.3. Company Snapshot
8.2.4. Operating business segments
8.2.5.Product introduction
8.2.6.Operating results
8.2.7. Key strategic initiatives and developments
8.3. Dyson Ltd.
8.3.1. Company Profile
8.3.2. Key management personnel
8.3.3. Company Snapshot
8.3.4. Operating business segments
8.3.5.Product introduction
8.3.6. Operating results
8.3.7. Key strategic initiatives and developments
8.4. Palmer Fixtures
8.4.1. Company Profile
8.4.2. Key management personnel
8.4.3. Company Snapshot
8.4.4. Operating business segments
8.4.5.Product introduction
8.4.6.Operating results
8.4.7.Key strategic initiatives and developments
8.5. Hygeneco Systems, LLC (Bio Jetdrier)
8.5.1.Company Profile
8.5.2. Key management personnel
8.5.3. Company Snapshot
8.5.4. Operating business segments
8.5.5.Product introduction
8.5.6.Operating results
8.5.7.Key strategic initiatives and developments
8.6. Mitsubishi Electric Corporation
8.6.1. Company Profile
8.6.2. Key management personnel
8.6.3. Company Snapshot
8.6.4. Operating business units
8.6.5.Product introduction
8.6.6.Operating results
8.6.7. Key strategic initiatives and developments
8.7. Panasonic Corporation
8.7.1.Company Profile
8.7.2. Key management personnel
8.7.3. Company Snapshot
8.7.4. Operating business units
8.7.5.Product introduction
8.7.6.Operating results
8.7.7.Key strategic initiatives and developments
8.8. Wako Industrial Co., Ltd.
8.8.1.Company Profile
8.8.2. Key management personnel
8.8.3. Company Snapshot
8.8.4. Operating business units
8.8.5.Product introduction
8.8.6.Operating results
8.8.7.Key strategic initiatives and developments
8.9.Joint venture
8.9.1.Company Profile
8.9.2. Key management personnel
8.9.3. Company Snapshot
8.9.4.Operating business units
8.9.5.Product introduction
8.9.6.Operating results
8.9.7.Key strategic initiatives and developments
8.10. Excel Dryer Company
8.10.1.Company Profile
8.10.2.key management personnel
8.10.3.Company snapshot
8.10.4.Operating business units
8.10.5.Product introduction
8.10.6.Operating results
8.10.7.Key strategic initiatives and developments
For more information on this report, please visit https://www.researchandmarkets.com/r/113x8g
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