Global Hand Dryers Market Forecast to 2030 - COVID-19 Impact and Analysis by Type (Jet Air Hand Dryers and Hot Air Hand Dryers); Mode of Operation (Push Button Hand Dryer and Automatic Hand Dryer); Mounting Technique (Surface Mounted and Wall Mounted); End-user (Hospitals, Railway Stations & Airports, Office Buildings, Hotels & Restaurants, Shopping Complexes, and Others); and Geography
Global Hand Dryers Market Introduction
A hand dryer is an electric appliance that uses heating element and an air blower to dry the hands after washing. It is a cost-effective alternative to paper towels and is commonly used in public toilets. Hand dryers either operate with the push of a button or automatically by using a sensor. Growing demand for environmental-friendly devices coupled with the need to lower operational spending, particularly in shopping malls as well as office structures is driving the growth of the hand dryers market during the forecast period. Furthermore, an increase in health awareness among the residents and infrastructure progress primarily in the developing countries, including India, China, Brazil, and others are also supporting the market growth. A rise in the number of hotels, restaurants, shopping malls, theaters, airports, railway stations, educational institutes, and fast-food chains universally are heavily demanding for washroom accessories including hand dryers. This factor is likely to boom the sales of hand dryers. Moreover, the ongoing improvements in the hospitality industry, an upward inclination of smart infrastructure, and growing adoption of automatic hand dryers owing to the touchless feature and higher efficiency are expected to provide ample opportunities to the hand dryer market players in the future.
Global Hand Dryers Market Overview
The global hand dryers market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The hand dryers market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global hand dryers market over the long as well as short period of time. Furthermore, the global hand dryers market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porters five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.
Global Hand Dryers Market Insights
The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global hand dryers market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.
Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the hand dryers market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.
COVID-19 Impact on Global Hand Dryers Market
The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global hand dryers market.
With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:
· Rapid shifts in top 100 companies across each sector
· Growth and decline in each sector due to the COVID-19 pandemic
Global Hand Dryers Market by Type
· Jet Air Hand Dryers
· Hot Air Hand Dryers
Global Hand Dryers Market by Mode of Operation
· Push Button Hand Dryer
· Automatic Hand Dryer
Global Hand Dryers Market by Mounting Technique
· Surface Mounted
· Wall Mounted
Global Hand Dryers Market by End-user
· Railway Stations & Airports
· Office Buildings
· Hotels & Restaurants
· Shopping Complexes
Global Hand Dryers Market by Geography
· North America
o Rest of Europe
· Asia-Pacific (APAC)
o South Korea
o Rest of APAC
o Latin America
o Middle East
1. American Specialties, Inc. (ASI)
2. Bobrick Washroom Equipment, Inc.
3. Bradley Corporation
4. Dyson Limited
5. ELECTROSTAR GmbH (starmix)
6. Euronics Industries Pvt. Ltd.
7. Excel Dryer Inc.
8. Hokwang Industries Co., Ltd.
9. Mitsubishi Electric Corporation
10. Panasonic Corporation
11. Saniflow Hand Dryer Corporation
12. SPL NZ
13. Taishan Jieda Electrical Co. Ltd.
14. Toto Ltd.
15. World Dryer Corporation
Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the hand dryers market.
Key Questions Answered
· Which region provides more business opportunities for the global hand dryers market in the upcoming years?
· Who is the leading overall hand dryers market, and what strategies have been adopted by them?
· Which segment accounted for the largest hand dryers market share?
· What are the upcoming trends in the global hand dryers market? What impact would these trends make in the coming years for the hand dryers market?
· Which player offering the best product range for the global hand dryers market?
Key Benefits for Stakeholders
· This study presents the analytical description of the hand dryers market analysis along with the current trends and future estimations to describe coming up investment pockets
· The complete hand dryers market opportunity is resolute by knowing profitable trends to gain a stronger foothold
· The report describes insights associated with key drivers, restraints, opportunities, and trends of the global hand dryers market with thorough impact analysis
· The global hand dryers market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability
· PEST analysis defines the potency of the consumers and suppliers in the global hand dryers market
· Porters five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global hand dryers market
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