Booming Growth in Hand Dryers Market Analysis and Forecast to 2026| American Dryer, Dyson, ELECTROSTAR, Euronics Industries Pvt Ltd, SAVORTEX

Market Analysis: Global Hand Dryers Market

Hand dryers market

Market Definition: Global Hand Dryers Market

Hand dryer are those electrical appliances that blow hot air when switched on to dry wet hands. They play a very important role in cleansing of hand and in sanitization. They are cost-effective, energy efficient and environmental friendly devices that inhibit and prevent the spread of pathogen, and hence are being extensively adopted in restaurants, hotels, offices, malls as a replacement to paper towel set ups. In order to ensure maximum cleanliness and hygiene, and to prevent spread of contaminant diseases, they are installed in hospitals and clinics.

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Market Drivers:

Increasing demand of hand dryers from varied industries including airports, hotel and restaurants, hospitals, offices, shopping malls, food processing & service industry amongst a few

Rising demand for environmental friendly and no-pollution/ emission products also boosts the growth of this market

Increased demand for power saving and energy efficient devices fosters the growth of this market

Increase in the number of restaurants and hotels result in the rising demand for hand dryers in such industries boosts the growth

Technological advancements and introduction of smart hand dryers

Rapid development of infrastructure, especially of the developing nations pave the way for the growth for this market


Market Restraints:

The cost of installation of hand dryers is relatively higher than simple paper towels

Microbial cross-contamination caused by these hair dryers impact the health of users

Noise pollution at the time of installation hinders the growth of this market


Segmentation: Global Hand Dryers Market

By Product

Jet Air

Hot Air


By Operation Mode

Manual On-Automatic Off/ Push Button

Fully Automatic


By Mounting technique

Surface Mounted

Wall Mounted


By End User

Airports

Hotel & Restaurants

Hospitals

Offices

Shopping Malls

Healthcare

Food Processing & Service

Education Institutes

Common Public Restroom

Others


By Geography

North America

U.S.

Canada

Mexico


South America

Brazil

Argentina

Rest of South America


Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe


Asia-Pacific

Japan

China

South Korea

India

Australia

Singapore

Malaysia

Indonesia

Thailand

Philippines

Rest of Asia-Pacific


Middle East and Africa

South Africa

Egypt

Saudi Arabia

United Arab Emirates

Israel

Rest of Middle East and Africa



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Key Developments in the Market

In October 2017, Rexnord Corporation, in order to expand its customer base and be the leader in electrical plumbing, acquired the leading manufacturer of hand dryers, World Dryer Corporation. This merger of World Dryer’s environmental friendly and energy efficient hand dryers with Rexnord’s water-efficient products, would not only lead to innovations and improvements in business, but would also lead to reduce cost of operations thereby, globally attracting customer towards their products.

In January 2018, Mrinalini Industries, a component manufacturer entered into an affirmative agreement with the global hygiene products manufacturer, SPL Ltd, to produce and distribute hand dryers. This provides a technological advantage to Mrinalini Industries which would enable them to scale up their operations and expand globally with technologically advanced and developed products.


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Competitive Analysis: Global Hand Dryers Market

Global hand dryers market

Major Market Competitors/Players: Global Hand Dryers Market

Few of the major competitors currently working in hand dryers market are American Dryer, Dyson, ELECTROSTAR, Euronics Industries Pvt Ltd, SAVORTEX, Jaguar Group Sdn. Bhd., Excel Dryer., Panasonic Corporation, Mitsubishi Electric Corporation, SPL NZ., Bobrick Washroom Equipment, Inc., Saniflow, Taishan Jieda Electric Co., Ltd., World Dryer., Palmer Fixture Company, Hokwang Industries Co., Ltd., TOTO LTD., GROUPE JVD, Toshi Automatic Systems Pvt. Ltd., Penson & Co., European Tissue, Warner Howard, The Hygiene Company, Veltia UK, Euronics Industries Pvt Ltd, amongst others.

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