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The global hand dryer market reached approximately USD 1246.97 million in 2023. The market is projected to grow at a CAGR of 12.40% between 2024 and 2032, reaching a value of around USD 3570.68 million by 2032.
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Hot hand dryers offer affordability; jet hand dryers provide speed, energy efficiency, and hygiene.
Hot hand dryers are widely used mainly because they are cost-efficient, dependable, and always consistent in giving the same results for any given commercial use. They offer great cost-effective ways of installing public hand dryers in restrooms for business uses. Jet hand dryers are increasingly being used because of high-speed drying and their efficiency in energy usage. Their touchless features, faster time to dry, and low noise levels make them stand at the best machines with regards to safety and convenience in all environments.
Surface-mounted hand dryers offer flexibility; wall-mounted models provide durability and space-saving solutions.
Hand dryers mounted on the surface are excellent for use in limited wall space, offering flexibility in installation on various surfaces like countertops or cabinets. It can be mounted on either countertops or cabinets, thereby giving great flexibility in installation. The overall preference of these hand dryers tends to be smaller or even temporary areas. As per hand dryer market analysis, hand dryers mounted on the wall are more commonly used in commercial places. They are generally directly mounted on the wall, so as to provide a much more permanent solution that is very space saving and durable with access, particularly in heavily used public restrooms and office buildings.
Demand for wall mounted hand dryers will likely increase due to their cost-effectiveness and space-saving design.
Wall mounted hand dryers are expected to account for a significant market share. These dryers can be mounted to a variety of walls including tiled, concrete, drywall, and brick walls, among others. They are also equipped with a high-speed motor and can be easily installed in compact spaces. The wall-mounted hand dryers are also more energy efficient as compared to their surface-mounted counterparts, supporting the segment growth. By using a wall-mounted hand dryer, users can avoid physical contact with surfaces, reducing the risk of germ transmission and some models also come with touchless sensors for enhanced hygiene.
Surface mounted segment is anticipated to grow at a steady rate in the hand dryer market. These hand dryers are often chosen for their robust construction and durability. Surface-mounted hand dryers are typically used in high-traffic areas where the hand dryer needs to withstand heavy usage.
Commercial complexes maintain their dominance in the market due to the rising installation of hand dryers in these area’s restrooms due to the high usage.
Commercial complexes hold the highest share of the hand dryer market. Commercial complexes include shopping malls, entertainment centres, airports, and other public spaces that experience high foot traffic. As per hand dryer industry analysis, the frequent use of restrooms in these areas necessitates the installation of hand dryers for hygiene and convenience.
Office buildings are also expected to witness significant growth in the market in the coming years. Office buildings, especially those in urban areas, have a large number of employees and visitors who use the restrooms daily. Hand dryers are preferred in these settings for their cost-effectiveness and ease of maintenance compared to paper towels.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 1246.97 million in 2023.
The market is projected to grow at a CAGR of 12.40% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3570.68 million by 2032.
The major market drivers include rising concerns about contaminants and harmful bacteria and energy efficient and easy to install nature of the hand dryers.
The key trends fuelling the growth of the market include increased adoption by commercial complexes and food service sector and development of hand dryers with advanced features.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses of hand dryers include hotel, hospitals and clinics, food processing and service industry, commercial complexes, and office buildings, among others.
The major players in the market are Mitsubishi Electric Corporation, American Specialties, Inc., Panasonic Corporation, Excel Dryer Inc., Bobrick Washroom Equipment, Inc., Hokwang Industries Co. Ltd, Dyson Group, Palmer Fixture, Mediclinics S.A. (Saniflow Corporation), Zurn Group (World Dryer), and Euronics Industries Pvt Ltd, among others.
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