A recent report published by Infinium Global Research on the hand
dryer market provides an in-depth analysis of segments and sub-segments in the
global as well as regional hand dryer market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
hand dryer market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global hand
dryer market. According to the report, the global hand dryer market is
projected to grow at a healthy CAGR over the forecast period of 2019-2025.
According to a recent survey by the trending machine found that
three out of four adults had at least one complaint about public restrooms.
Facility managers are facing the challenge of providing sanitary,
hygiene-friendly washrooms for their patrons. The challenge for building a more
desirable public restroom has led hand dryer producers to develop technologies
and efficiency, creating faster, more hygiene-friendly products that are
replacing the traditional paper hand towels. In the past few years,
manufacturers have come up with improvements including touch-free faucets and high-efficiency
electric hand dryers using sensors to turn on and turn off.
Increasing adoption of a hand dryer in several end-use industries
comprising airports, hotels and restaurants, hospitals, offices, and shopping
malls is the major driving factor of the hand dryer market. The demand for the
hand dryers is rising due to its properties such as energy-efficient,
cost-effective and prevents vandalism and environment-friendly. Furthermore,
factors such as rising health awareness among the population, availability of
hand dryers at reasonable costs, growing demand for improved hygiene are other
driving factors of the hand dryer market. Auto hand dryers are installed in
public restrooms of offices or even at home with increasing awareness about
health hygiene. However, carbon dioxide emissions to the atmosphere by hand
dryer products restraining the growth of the market. Moreover, new
technological developments in the hand dryer product are expected to provide
growth opportunities to the market players.
Geographically, Europe dominates the global hand dryer market
owing to high demand from the countries such as France, the U.K., Italy, and
Germany among the others. North America is the second-largest market for hand
dryers due to the high standard of living and increased consumer disposable
income. In the Asia-Pacific region, China is a prominent market for hand dryers
in the Asia-Pacific, followed by Japan and India.
The report on the global hand dryer market covers segments such as
type, mode of operation, and end user. On the basis of type, the sub-markets
include hot hand dryer, and jet hand dryer. On the basis of mode of operation,
the sub-markets include push button, and automatic. On the basis of end user,
the sub-markets include airports, hotel & restaurants, hospitals, offices,
shopping malls, and other end users.
The report provides profiles of the companies in the market such
as World Dryer, Excel Dryer Inc., Dyson Ltd., American Dryer, Mitsubishi
Electric Corporation, Palmer Fixture, Bradley Corporation, Electrostar GmbH,
SPL Ltd., Tashan Jie Da Electrical Co. Ltd., and other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the hand dryer
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.