Hand Dryers Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032
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The Global Hand Dryers Market Size accounted for USD 1.13 Billion in 2023 and is estimated to achieve a market size of USD 3.08 Billion by 2032 growing at a CAGR of 11.9% from 2024 to 2032.
Hand Dryers Market Highlights
- Global hand dryers market revenue is poised to garner USD 3.08 billion by 2032 with a CAGR of 11.9% from 2024 to 2032
- Europe hand dryers market value occupied around USD 418.1 million in 2023
- Asia-Pacific hand dryers market growth will record a CAGR of more than 13% from 2024 to 2032
- Among product, the jet air sub-segment generated more than USD 678 million revenue in 2023
- Based on end-use, the hotel & restaurants sub-segment generated around 27% market share in 2023
- Increasing public awareness about reducing the environmental impact of paper waste is a popular hand dryers market trend that fuels the industry demand
Hand dryers are electric equipment used in public restrooms to dry hands after washing, providing an environmentally beneficial alternative to paper towels. They function by blowing warm or unheated air onto the hands, which evaporates moisture. Hand dryers come in a variety of variants, including high-speed, jet, and automatic sensor-operated versions, and are noted for decreasing waste, enhancing cleanliness, and minimizing maintenance costs. They are popular in commercial settings and help to reduce environmental impact by reducing paper consumption while also contributing to sustainability efforts. Hand dryers are projected to gain popularity due to their environmental and economic benefits. Growing demand for environmentally friendly appliances promotes paper and energy savings, which are more likely to drive market expansion throughout the hand dryers industry forecast period.
Global Hand Dryers Market Dynamics
Market Drivers
- Increasing adoption of energy-efficient technologies in public restrooms
- Rising awareness about hygiene and reducing paper towel waste
- Growing demand for cost-effective hand-drying solutions in commercial spaces
- Expanding infrastructure development in emerging markets
Market Restraints
- High initial installation costs for advanced hand dryer models
- Concerns over noise pollution in public spaces
- Limited access to electricity in rural or underdeveloped regions
Market Opportunities
- Integration of touchless and sensor-based technology in hand dryers
- Expansion of eco-friendly and energy-saving product innovations
- Growing focus on sustainability in corporate and hospitality sectors
Hand Dryers Market Report Coverage
Market | Hand Dryers Market |
Hand Dryers Market Size 2022 |
USD 1.13 Billion |
Hand Dryers Market Forecast 2032 | USD 3.08 Billion |
Hand Dryers Market CAGR During 2023 - 2032 | 11.9% |
Hand Dryers Market Analysis Period | 2020 - 2032 |
Hand Dryers Market Base Year |
2022 |
Hand Dryers Market Forecast Data | 2023 - 2032 |
Segments Covered | By Product, By Operation Mode, By Mounting Technique, By End-use, And By Geography |
Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled | Mitsubishi Electric Corporation, Jaquar Group, TOTO Ltd., Palmer Fixture, Dyson Ltd., ASI Group, Bradley Corporation, Excel Dryer, Inc., Saniflow Corporation, American Dryer, Inc., and World Dryer Corporation. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Hand Dryers Market Insights
The growing demand for environmentally friendly equipment helps to save paper and power, which will further promote growth in the sector during the prediction period. In addition to the need to decrease operational expenditures, particularly on offices and shopping malls, increasing demand for useful energy technology is expected to drive the industry in the hand dryers market forecast period.
Infrastructure advances can provide additional growth opportunities, mainly in the developing economies, including India, Brazil, and China. Another aspect of increasing product adoption is that of increasing the number of restaurants, hotels and fast food chains worldwide. The upward inclination of intelligent infrastructure is likely to lead to the development of the market.
increasing awareness of operational prices promotes the growth of the hand dryer market. The fast-growing hospitality industry is indirectly boosting the development of the hand dryer market with a rise in pubs, restaurants and hotels. The increasing use of hand dryers will likely promote the global market development. It is also one of the reasons that the development of the hand dryer market is supported by the need to meet cleanliness standards for the hospitality and food services sector. Furthermore, the global market will also thrive on rising investments and R&D from market players. Dryflow Vapordri, for instance, is a patented water evaporation system that is one of the fastest - developing hand drier systems in the world and thus boosts the development of the hand dryers market.
Hand Dryers Market Segmentation
The worldwide market for hand dryers is split based on product, operation mode, mounting technique, end-use, and geography.
Hand Dryers Market By Product
- Jet Air
- Hot Air
According to hand dryers industry analysis, in 2023, the jet air segments represented over 60% of the total value, and are expected to expand by around 14% over the forecast year. The increase in installation is primarily attributable to hotels, airports and restaurants, bureaus and malls. In comparison to hot air dryers, the cost of jet air is high and could hinder the demand for products in the coming years.
The volume of the hot air dryer sector in the next couple of years is estimated to be around 13% CAGR. This is due to the increased installation, especially in public toilets, schools, shopping malls and schools, because of its low cost. Consumer incomes and an increasing awareness of the benefits of these products are expected to contribute to increased adoption.
Hand Dryers Market By Operation Mode
- Push Button Hand Dryer
- Automatic Hand Dryer
Due to better comfort and user satisfaction offered by these products, the fully automatic segment represented the greatest hand dryers market share in 2023. Fully automatic devices do not require a human touch to operate, minimizing the social efforts that fuel this segment's growth. Due to its maximum adoption at shopping mall, office, hospital and hotels and restaurants, the segment is expected to continue in the forecast period. It is estimated that the manual push button hand dryer segment will be moderated by price-sensitive regions in the coming years.
Hand Dryers Market By Mounting Technique
- Surface Mounted
- Wall Mounted
The demand for wall mounted hand dryers will increase over the forecast period by over 14% in a CAGR, because these devices will have less space. The adoption of manual dryers, particularly in compact toilets with high traffic, has been driven considerably by space occupancy concerns. In order to address this problem, the industry is witnessing an increase in the adoption of products mounted on the wall. The demand for mounted surface products, which is attributed to easy installation of these devices, is estimated to record over 12.0% of the projected period.
Hand Dryers Market By End-use
- Airports
- Hotel & Restaurants
- Hospitals
- Offices
- Shopping Malls
- Others
Over 27% of total revenues in 2023 were accounted by the hotel and restaurant industry, which is expected to increase over the forecast period. As the number of restaurants, bars and hotels rises as well as increasing world-wide tourism activities this can be attributed to the rapid increase in the hospitality industry. In terms of revenues, it is calculated that in the next few years the hospital sector will have a CAGR of some 11% because of increased hygiene and the cost efficiency of hand dryers. In the following years the segment will further promote growth with reductions in maintenance costs and energy conservation.
In the next hand dryers market forecast period, demand for hand-dryers in shopping malls is projected to expand by more than 14.0 percent owing to growing emphasis on decreasing operating expenses and environmental efficiency by the owners of shopping malls. Furthermore, the reduction of paper waste and public toilet cleaning, comfortable, and well-maintained initiatives in this segment will drive demand for products.
Hand Dryers Market Regional Outlook
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Hand Dryers Market Regional Analysis
As the use of environmentally friendly, cost-effective, and hassle-free gadgets grows, Europe is expected to become a key regional market. In 2023, this area accounted for over 37% of total revenue and is expected to grow at a substantial CAGR over the projected period. Asia-Pacific is the fastest-growing region. Emerging infrastructures in countries such as China, India, and Thailand are projected to experience strong development in Asia-Pacific demand, as well as increased knowledge of the benefits of advanced technology. Furthermore, rising demand for intelligent infrastructure may result in higher use of hand dryers in the region.
Due to the snowballing admission in hotels, offices, restaurants, airports, stations of railway, hospitals, centers and training centers, the North American hand dryers market is expected to grow notable during the projected period, owing to increasing environmental concerns. The Middle East and Latin America are forecast to boost growth in the growing tourism industry and infrastructure development.
Hand Dryers Market Players
Some of the top hand dryers companies offered in our report includes Mitsubishi Electric Corporation, Jaquar Group, TOTO Ltd., Palmer Fixture, Dyson Ltd., ASI Group, Bradley Corporation, Excel Dryer, Inc., Saniflow Corporation, American Dryer, Inc., and World Dryer Corporation.