Global Automatic Hand Dryers Market; By Product Type, By Operational Mode, By Mounting Technique, By End-Use, as well as By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast: 2023-2032

Report Overview

The global market for automatic hand dryers was valued at USD 1,041.9 million in 2021 and is expected to reach USD 2,639.22 million at 9.74% CAGR during the forecast period (2022-32). These products are used across various industries, including airports, hotels, restaurants, offices, shops, and hospitals.

Hand dryers offer economic and environmental benefits, which are expected to fuel the further adoption of these products. The Hand Dryer market report gives a detailed analysis of the market size, share, growth, key trends, competitive landscape, and other key factors.

Global Automatic Hand Dryers Market Scope:

Product Analysis

With respect to the ‘Product‘ aspect of this market, in 2021, the ‘Jet Air’ segment made up more than 60% of total revenues. This segment is expected to grow at a CAGR of 14.3% over the projected timeline. This can be attributed to an increase in the number of hotels, restaurants, offices, shopping centers, and airports. Jet air automatic hand dryers are more expensive than hot air dryers, and this could limit product demand in the coming years.

The hot air dryers market is expected to grow at a 13.0% CAGR over the forecast period. Because of their lower cost, hot air dryers are more widely installed, especially in public toilets, schools, and shopping malls. Increasing consumer incomes and greater awareness concerning these products’ benefits will likely lead to a spike in their adoption.

Operation Mode Analysis

Due to these products’ great convenience and satisfaction, the fully automated segment accounted for the highest market share in 2021. A primary driver of this segment’s growth can be attributed to the elimination of physical contact with fully automated automatic hand dryers.

Due to its significant acceptance in commercial settings such as offices, retail centers, restaurants, hotels, and hospitals, this segment is slated to continue to dominate this market in the following years. Due to price-sensitive locations, the manual on-automatic off segment is projected to experience a modest surge.

Mounting Technique Analysis

Over the projected timeline, the wall-mounted hand dryers segment is anticipated to grow at a CAGR greater than 14.0 %. This is a result of their capacity to occupy less room. Hand dryers are becoming more common in crowded, compact toilets.

Wall-mounted products are also becoming more popular in the industry due to their easy installation, leading to a higher demand for them.

End-Use Analysis

In 2021, 28.5% of total revenue was attributed to the hotels & restaurants sector. This share is expected to surge over the projected period. Rapid growth in the hospital industry has increased the number of pubs, restaurants, and hotels, as well as a spike in tourism activities worldwide.

The hospital segment is slated to index an 11.3% CAGR in terms of revenue due to growing concerns related to hygiene and the cost-effectiveness of hand dryers. Energy conservation and lower maintenance costs are expected to support the segment’s growth.

Over the forecast period, there will be a 14.0 % increase in the demand for hand dryers in shopping malls. This is a result of mall owners focusing more on environmentally friendly technology and cutting operational expenses. Government measures and a decline in paper waste are also expected to drive this market forward.

Key Маrkеt Segments

By Product Type

• Jet Air
• Hot Air

By Operation Mode

• Manual On-Automatic Off
• Fully Automatic

By Mounting Technique

• Surface Mounted
• Wall Mounted

By End-Use

• Airports
• Hospitals
• Offices
• Hotel & Restaurants
• Shopping Malls
• Other End-Uses

Market Dynamics:

The growing demand for environmental-friendly devices as they facilitate paper and power saving is further projected to favor industry growth. This market will be driven by an increase in the demand for energy-saving technology and the need to reduce operational costs, especially in shopping malls and office buildings.

Key Hand Dryer Market Driver Design and innovation in the design of products, technology, and features are just one of the main factors that drive the growth of the market for hand dryers.

Infrastructure development in developing countries like Brazil, India, and China could offer additional growth opportunities. Another factor contributing to product adoption is the increased in restaurants, hotels, fast food chains, and other service outlets. The market development will also be possible with the steady trend of smart infrastructure adoption.

Automatic Hand dryers will be less popular due to the high installation cost compared to paper towels. Market growth in hospitals and other end-use industries is slated to be hampered by the noise pollution created by these devices.

School or educational institutes, one of the most important segments of end users, is the one that earns the most revenue from hand dryers in nations like Canada.

Fully automatic hand dryers are most popular in commercial areas like offices, shopping centers, restaurants, and hospitals. This segment is expected to remain dominant over the forecast period. The forecast timeline will also index a 14.2% increase in a CAGR for fully automated dryers between 2019 and 2025. The hand dryer market is also driven by the increasing demand for better service and luxury offered to guests/customers in hotels.

Regional Analysis

Europe is expected to become a major regional market because of the increasing adoption of cost-effective, eco-friendly, and hassle-free technologies. This region contributed 36.9% of total revenues in 2021 and is expected to grow at a CAGR of 11.1% in the coming years.

The Asia-Pacific will index strong growth in demand due to ongoing infrastructure development in countries like Thailand, China, and India. There is also growing awareness about the benefits of using technologically advanced devices.

The hospitals and clinics sector are among the more attractive market for hand dryers in North America owing to the creation of modern, technologically advanced, more efficient, and quiet hand dryers.

The markets in North America are anticipated to grow significantly due to the increased adoption of hotels, offices, and restaurants. Growth in South America and the Middle East is also expected to be boosted by a spike in infrastructure development and tourism industry growth.

Key Regions and Countries Covered in This Report:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Manufacturers are placing more and more emphasis on technological advancements that increase productivity, use less energy, and require little upkeep. In order to gain a competitive advantage, top industrial companies are investing in research and development initiatives to produce cutting-edge and innovative products. Key market players included in the report are AB Electrolux, American Dryer Inc., Dyson, Mitsubishi Electric Corporation, Panasonic Corporation, etc.

Маrkеt Key Players:

• AB Electrolux
• American Dryer Inc.
• Dyson
• Mitsubishi Electric Corporation
• Panasonic Corporation
• Saniflow Corporation
• Veltia UK
• Warner Howard
• Excel Dryer
• Saniflow Hand Dryer Corporation
• Euronics industries Pvt ltd
• Other Prominent Players