Hand Dryer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

Global Hand Dryer Market will exhibit around 7% CAGR from 2024 to 2032, driven by increasing environmental awareness and a push towards sustainability. Businesses and public facilities are adopting hand dryers as an eco-friendly alternative to paper towels, reducing waste and operational costs. Against this backdrop, in March 2023, Dyson Ltd. expanded into Colombia, introducing its range of products including hand dryers and vacuum cleaners. The company continues to innovate with next-generation technologies in hand drying and air purification.

Additionally, advancements in technology, such as touchless operation and energy-efficient models, are enhancing the adoption of hand dryers by improving hygiene and operational efficiency. The escalating focus on hygiene and cleanliness is bolstering the market growth.

The hand dryer market is segmented based on type, air type, operations, power, price range, end-use, distribution channel, and region.

The surface mount segment will record a considerable growth pace during the forecast period, attributed to its space-saving design and ease of installation. Surface mount hand dryers are particularly appealing in environments where wall space is limited, offering a sleek, unobtrusive solution that integrates seamlessly with existing facilities. This design flexibility makes them suitable for both new constructions and retrofit projects, contributing to their growing popularity in various commercial and public settings. Additionally, their straightforward installation process and lower maintenance requirements appeal to cost-conscious facility managers.

The cold air segment will account for a noteworthy hand dryer market share by 2032, owing to its energy efficiency and cost-effectiveness. Cold-air hand dryers consume less power compared to their heated counterparts, reducing overall operational costs and aligning with the growing emphasis on energy conservation. Their lower energy consumption supports environmental sustainability goals, appealing to facilities looking to minimize their carbon footprint. This combination of economic and ecological benefits enhances their attractiveness, fostering the adoption of cold air hand dryers.

Europe hand dryer industry will show optimistic growth trends through 2032, fueled by strict environmental regulations and heightened awareness of hygiene standards. The commitment to sustainability and waste reduction bolsters the adoption of hand dryers over disposable paper towels, aligning with broader ecological goals. The robust infrastructure and technological advancements support hand dryer market expansion across the region, creating a favorable environment.

Product Code: 10212

Chapter 1 Methodology and Scope

1.1 Market scope and definitions
1.2 Base estimates and calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Technological overview
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Increasing paper reduction initiatives
  - 3.7.1.2 Increasing consumer awareness
  - 3.7.1.3 Technological advancements
  - 3.7.1.4 Rapid urbanization
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 Regulatory hurdles
  - 3.7.2.2 Health and safety concerns
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Type, 2021-2032 (USD Million) (Million Units)

5.1 Key trends
5.2 Wall mount
5.3 Surface mount

Chapter 6 Market Estimates and Forecast, By Air Type, 2021-2032 (USD Million) (Million Units)

6.1 Key trends
6.2 Cold air
6.3 Hot air

Chapter 7 Market Estimates and Forecast, By Operations, 2021-2032 (USD Million) (Million Units)

7.1 Key trends
7.2 Manual
7.3 Automatic

Chapter 8 Market Estimates and Forecast, By Power, 2021-2032 (USD Million) (Million Units)

8.1 Key trends
8.2. Up to 1000 W
8.3. 1000 W-2000 W
8.4. Above 2000 W

Chapter 9 Market Estimates and Forecast, By Price Range, 2021-2032 (USD Million) (Million Units)

9.1 Key trends
9.2 Low
9.3 Mid
9.4 High

Chapter 10 Market Estimates and Forecast, By End-use, 2021-2032 (USD Million) (Million Units)

10.1 Key trends
10.2 Individual
10.3 Commercial

Chapter 11 Market Estimates and Forecast, By Distribution Channel, 2021-2032 (USD Million) (Million Units)

11.1 Key trends
11.2 Online
11.3 Offline

Chapter 12 Market Estimates and Forecast, By Region, 2021-2032 (USD Million) (Million Units)

12.1 Key trends
12.2 North America
- 12.2.1 U.S.
- 12.2.2 Canada
12.3 Europe
- 12.3.1 UK
- 12.3.2 Germany
- 12.3.3 France
- 12.3.4 Italy
- 12.3.5 Spain
- 12.3.6 Russia
- 12.3.7 Rest of Europe
12.4 Asia Pacific
- 12.4.1 China
- 12.4.2 India
- 12.4.3 Japan
- 12.4.4 South Korea
- 12.4.5 Australia
- 12.4.6 Rest of Asia Pacific
12.5 Latin America
- 12.5.1 Brazil
- 12.5.2 Mexico
- 12.5.3 Rest of Latin America
12.6 MEA
- 12.6.1 South Africa
- 12.6.2 Saudi Arabia
- 12.6.3 UAE
- 12.6.4 Rest of MEA

Chapter 13 Company Profiles

13.1 Dyson Ltd.
13.2 Excel Dryer, Inc.
13.3 Mitsubishi Electric Corporation
13.4 World Dryer Corporation
13.5 American Dryer, Inc.
13.6 Bradley Corporation
13.7 Electrolux
13.8 Panasonic Corporation
13.9 Palmer Fixture
13.10 TOTO Ltd.
13.11 Bobrick Washroom Equipment, Inc.
13.12 Saniflow Corporation
13.13 JVD SAS
13.14 Airdri Ltd.
13.15 Hokwang Industries Co., Ltd.