Global Hand Dryers Market | Driving Factors, Emerging Trends, Business Strategies, Growth Insights and Forecast to 2030
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 Outlook
The Global Hand Dryer Market was valued at US$ 938.9 million in 2020 and is projected to reach US$ 1878.7 million by 2030. It is expected to grow at a CAGR of 12.10 % from 2021 to 2030. 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. 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.
The global hand dryers market research reports offer a thorough research study from the forecast period from 2020 to 2030. The market research report offers the current and future understanding of the global hand dryers market.
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. It also offers market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The report covers a complete analysis, including market trends, market size, market share, market growth estimates.
North America region is known as the global economic powerhouse. The North America is showing lucrative opportunities for the hand dryers market due to the rising demand for smart infrastructure along with the growing adoption of ecological, cost-effective, and hassle-free devices. Over the last few years, Europe and Asia-Pacific region is showing prominent growth for the market due to the high adoption of advanced technology, growing awareness pertaining to benefits of technically advanced devices, and emerging infrastructure in several countries across the region. Several countries across the LAMEA region are likely to offer new opportunities for the market.
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The market research report precisely defines global hand dryers market share, company profiles, geographical viewpoint, key developments, strategic analysis, investment pocket analysis, perceptual mapping, ecosystem/value chain analysis, improvement Venn diagram, PEST analysis, Porter’s five force analysis, NOISE analysis, SWOT analysis, new market entry, and several other factors with respect to the market to understand the market situation better.
Our sample report comprises a complete introduction and understanding of the market research report, list of tables, graphs, and figures, competitive landscape, market segmentation, key insights, future development based on research methodology.
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Our study examines and forecasts the market size of the global hand dryers market
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Global hand dryers market report helps in making informed business decisions by having a thorough analysis of the market and by making in-depth analysis of market segments
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