The global Hand Dryers market size is expected to reach USD 6.7 billion by 2030 and is expected to expand at a CAGR of 13.5% from 2021 to 2030
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Growth Factors
This is attributed to their increasing adoption in several end-use industries comprising airports, hotel and restaurants, hospitals, offices, and shopping malls. The total shipment of air dryers was at 3,122.7 thousand units in 2020 and is expected to reach 7,714.2 thousand units by 2030. Environmental and economic benefits offered by hand dryers are also predicted to fuel the product adoption.
Growing demand for environmental-friendly devices facilitates paper and power saving, which is further projected to favor industry growth over the forecast period. Increasing demand for useful energy technology, along with the need to lower the operational spending, particularly in office structures as well as shopping malls, is anticipated to drive the industry over the next few years.
Report Coverage
| Report Scope | Details |
| Market Size | US$ 6.7 bn by 2030 |
| Growth Rate | CAGR of 13.5% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, Operation Mode, Mounting Technique, End-use Industries |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | American Dryer, LLC.; Dyson Technology India Pvt Ltd; Electrostar; Euronics Industries Pvt Ltd; Jaguar Group Sdn. Bhd.; Excel Dryer; Panasonic Corporation; Mitsubishi Electric Corporation; SPL NZ; Bobrick Washroom Equipment Inc.; Saniflow Hand Dryer Corporation; Taishan Jieda Electrical Co. Ltd.; and World Dryer Corporation |
By Operation Mode Analysis
The fully automatic segment accounted for the largest market share in 2020 owing to better convenience and user satisfaction offered by these products. Fully automatic devices do not require any human touch to operate, thereby minimizing social efforts, which is the prime factor fueling the growth of this segment.
The segment is expected to continue its dominance over the forecast period owing to its maximum adoption across commercial locations, such as shopping malls, offices, hospitals, and hotels and restaurants
By Mounting Technique Analysis
Demand for wall mounted hand dryers is expected to expand at a CAGR of over 14.0% over the forecast period owing to less space occupancy offered by these devices. Space occupancy concerns have significantly driven the adoption of hand dryers, particularly in compact restrooms with high traffic.
The industry is witnessing an increase in adoption of wall mounted products to overcome the above-mentioned issue. Demand for surface mounted products is estimated to register a CAGR of over 12.0% over the forecast period, which is attributed to easy installation of these devices.
By End-use Industries Analysis
The hotel and restaurant industry accounted for 26.9% share of the overall revenue in 2020, which is estimated to increase over the forecast period. This can be attributed to rapid growth of the hospitality industry on account of surge in the number of restaurants, pubs, and hotels, along with increasing tourism activities worldwide.
the hospital segment is estimated to exhibit a CAGR of 11.3% over the next few years, owing to rising hygiene concerns and cost-effectiveness offered by hand dryers. Reducing maintenance cost and energy conservation are further anticipated to favor the segment growth over the next few years.
Demand for hand dryers in shopping malls is estimated to expand at a CAGR of more than 14.0% over the next forecast period due to increasing emphasis by shopping mall owners to lower the operating expenditure, along with the use of environment-friendly devices.
By Product Analysis
The jet air segment accounted for more than 60% share of the overall volume in 2020 and is estimated to expand at a CAGR of 15.3% over the forecast period. This is mostly attributed to rising installation at hotels, airports and restaurants, office buildings, and shopping malls.
the hot air dryers segment is estimated to exhibit a CAGR of 14.0% over the next few years. This is attributed to increasing installation, particularly in public restrooms, schools, shopping malls, and educational institutes, owing to its low cost.
By Regional Analysis
Europe is projected to be a central regional market due to rising adoption of ecological, cost-effective, and hassle-free devices. This region accounted for 37.9% share of the overall revenue in 2018 and is projected to expand at a CAGR of 12.1% over the forecast period.
The market in North America is expected to witness substantial growth over the forecast period owing to snowballing adoption in hotels, offices, restaurants, airports, railway stations, hospitals, malls, and educational institutes on account of rising environmental concerns.
Key Players
American Dryer, LLC.; Dyson Technology India Pvt Ltd; Electrostar; Euronics Industries Pvt Ltd; Jaguar Group Sdn. Bhd.; Excel Dryer; Panasonic Corporation; Mitsubishi Electric Corporation; SPL NZ; Bobrick Washroom Equipment Inc.; Saniflow Hand Dryer Corporation; Taishan Jieda Electrical Co. Ltd.; and World Dryer Corporation.
Market Segmentation
- Product
- Jet Air
- Hot Air
- Operation Mode
- Manual On-Automatic Off
- Fully Automatic
- Mounting Technique
- Surface Mounted
- Wall Mounted
- End-use Industries
- Airports
- Hotel & Restaurants
- Hospitals
- Offices
- Shopping Malls
- Others
- Regional
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- Middle East & Africa (MEA)
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Mounting Technique Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Hand Dryers Market, By Product
7.1. Hand Dryers Market, by Product, 2021-2030
7.1.1. Jet Air
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Hot Air
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Hand Dryers Market, By Operation Mode
8.1. Hand Dryers Market, by Operation Mode, 2021-2030
8.1.1. Manual On-Automatic Off
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Fully Automatic
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Hand Dryers Market, By Mounting Technique
9.1. Hand Dryers Market, by Mounting Technique, 2021-2030
9.1.1. Surface Mounted
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Wall Mounted
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Hand Dryers Market, By End-use
10.1. Hand Dryers Market, by End-use, 2021-2030
10.1.1. Airports
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Hotel & Restaurants
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Hospitals
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Offices
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Shopping Malls
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Hand Dryers Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.1.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.1.4. Market Revenue and Forecast, by End-use (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.1.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.1.6.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.1.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.2.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.2.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.2.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.2.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.2.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.2.8.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.2.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.3.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.3.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.3.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.3.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.3.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.3.8.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.3.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.4.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.4.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.4.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.4.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.4.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.4.8.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.4.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.5.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.5.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Operation Mode (2017-2030)
11.5.6.3. Market Revenue and Forecast, by Mounting Technique (2017-2030)
11.5.6.4. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 12. Company Profiles
12.1. American Dryer, LLC.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Dyson Technology India Pvt Ltd
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Electrostar
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Euronics Industries Pvt Ltd
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Jaguar Group Sdn. Bhd
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Excel Dryer
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Panasonic Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Mitsubishi Electric Corporation
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. SPL NZ
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Bobrick Washroom Equipment Inc
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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