Global Hand Dryer Market Report 2021: Growth and Change in COVID-19 to 2030 – ResearchAndMarkets.com

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DUBLIN – (COMMERCIAL THREAD) – The report “Global Hand Dryer Market Report 2021: Growth and Trend of COVID-19 to 2030” has been added to ResearchAndMarkets.com offer.

The major players in the hand dryer market are American Dryer, LLC., Dyson Ltd., Electrostar, Excel Dryer Inc., Panasonic Corporation, Mitsubishi Electric Corporation, SPL Ltd., Bobrick Washroom Equipment, Inc., Saniflow Corporation and Taishan Jieda Electrical Co. Ltd.

The global hand dryer market is expected to grow from $ 0.75 billion in 2020 to $ 0.88 billion in 2021 at a compound annual growth rate (CAGR) of 17.3%. The growth is primarily driven by businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 1.36 billion in 2025 at a CAGR of 11%.

The hand dryer market consists of the sale of hand dryers and related services. Hand dryers are economical, energy efficient and environmentally friendly devices that are widely adopted in restaurants, hotels, offices and shopping malls as a replacement for towels. Hand dryers are electronic machines used for drying hands in public restrooms that operate either at the push of a button or automatically using a sensor. These are very responsive and are equipped with fast-reacting sensors with maximum energy efficiency for instant reaction.

The strong growth of the hospitality industry has boosted the hand dryer market during the historical period. The rapid growth of the hospitality industry, such as the rise of hotels and restaurants, has spurred the growth of the hand dryer market driven by the need to meet the cleanliness requirements in the catering and hospitality industry. hotel.

For example, according to the Office for National Statistics, in 2019 the hospitality industry is one of the most important sectors of the UK economy, with total turnover reaching £ 98 billion (130.8 billion) in 2017, compared to 92 billion pounds ($ 122.8 billion). in 2016 and £ 86 billion ($ 114.8 billion) in 2015. Moreover, according to the National Restaurant Association in 2019, the restaurant industry is expected to double its sales by 2030. The strong economic growth of The hospitality industry has driven the demand for hand dryers which has driven the market during the historic period.

Rising noise levels in hand dryers are expected to limit the growth of hand dryer market. Hand dryers are dangerous and operate at high noise levels which can be hazardous to children’s hearing. For example, in 2019 in Canada, according to a new study published in “Paediatrics & Child Health,” a journal of the Canadian Pediatric Society, children’s ears were in pain due to high noise levels from hand dryers. The increase in noise levels in hand dryers is therefore having a negative impact on the hand dryer market.

The Hand Dryer market covered in this report is segmented by Air Spray Product; hot air. It is also segmented by automatic on-off manual operation; fully automatic and by the end user at airports; hotel and restaurants; hospitals; desks; shopping centers; others.

Companies are launching new products in order to increase their income and also to gain a competitive advantage over their competitors.

Main topics covered:

1. Summary

2. Characteristics of the hand dryer market

3. Hand dryer market trends and strategies

4. Impact of COVID-19 on hand dryers

5. Size and Growth of Hand Dryer Market

5.1. Historical Global Hand Dryer Market, 2015-2020, in USD Billion

5.1.1. Market drivers

5.1.2. Market restrictions

5.2. Global Hand Dryer Forecast Market, 2020-2025F, 2030F, in USD Billion

5.2.1. Market drivers

5.2.2. Market constraints

6. Market segmentation of hand dryers

6.1. Global Hand Dryer Market, Product Segmentation, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion

6.2. Global Hand Dryer Market, Segmentation by Operation, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion

  • Manual start-automatic stop

  • Fully automatic

6.3. Global Hand Dryer Market, Segmentation by End User, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion

  • Airports

  • Hotel & Catering

  • Hospitals

  • Desks

  • Shopping centers

  • Others

7. Regional and Country Analysis of Hand Dryer Market

7.1. Global Hand Dryer Market, Divided by Region, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion

7.2. Global Hand Dryer Market, Divided by Country, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion

Companies mentioned

  • American clothes dryer

  • LLC.

  • Dyson Ltd.

  • Electrostar

  • Excel Dryer Inc.

  • Panasonic Corporation

  • Mitsubishi electric corporation

  • SPL Ltd.

  • Bobrick Bathroom Equipment, Inc.

  • Saniflow Company

  • Taishan Jieda Electrical Co. Ltd.

  • World Dryer Corporation

  • HOKWANG INDUSTRIES

  • Palmer Fixture Company

  • Euronics Industries Pvt Ltd

  • Jaguar Sdn Group. Bhd.

  • Bio JetDrier

  • Bradley Company

  • TOTO LTD.

  • JVD SAS

  • Jaquar & Company Pvt Ltd, SAVORTEX

  • Engineers Askon

  • Toshi Automatic Systems Pvt. Ltd.

  • Penson & Co.

  • European fabric

  • Warner howard

  • The hygiene company

  • Veltia United Kingdom

  • Modun

  • ALOYCO

  • Siemens

For more information on this report, visit https://www.researchandmarkets.com/r/6zh5wz


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