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Hand Dryer Market to Reach $1,350 Million, Globally, by 2022

Hand Dryer Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $1,350 million by 2022. Asia-Pacific region is anticipated to exhibit robust growth owing to rapid infrastructure development and awareness about environmental benefits in the region. Food processing and service industry would continue to maintain its dominance throughout the forecast period due to need to reduce their operation expenditure.<br>Download Brochure : https://goo.gl/oah3sR

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Hand Dryer Market to Reach $1,350 Million, Globally, by 2022

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  1. Hand Dryer Market Opportunities and Forecasts, 2014 - 2022

  2. Introduction • Product launch showcasing new technology to produce goods according to customer demands is a prominent strategy adopted by the key players in the world hand dryer market. • New technological developments in the product adds to the product portfolio of the existing players to remain competitive in the market.

  3. Value Chain of Hand Dryer

  4. Current and Future Market Scenario • Hand dryer market witness significant growth across the globe with growth in awareness about hygiene and cleanliness among the populace. • In 2014, hot hand dryers shared nearly 70% market volume due to their cost-effectiveness as compared to jet hand dryers. • Food processing and service industry shares nearly 1/3rd market due to their increased installation at food parks, food outlets, and restaurants.

  5. Factors Contributing Market Growth • Factors such as technological advancement, price, and energy efficiency of hand dryers have significantly impacted the market growth. • Automatic hand dryers have reduced the human interaction notably with improvement in consumer experience. • Rise in health concerns due to microbial cross-contamination and associated noise pollution issues are expected to hinder the market growth. • Ongoing research and development to improve quality, energy efficiency, and reduction in noise is anticipated to increase the demand for hand dryers.

  6. Hand Dryer Market Segment

  7. Hand Dryer Market Segment

  8. Region Overview • European region constitutes the highest market share with prominent demand from UK, France, Germany, and Italy among others. • North America and Europe lead with more than 3/5th share • Asia-Pacific region is anticipated to exhibit robust growth owing to rapid infrastructure development and awareness about environmental benefits in the region. 

  9. Leading Players in the Market Key players profiled in the report include World Dryer Corporation, American Dryer Inc., Dyson Ltd., Palmer Fixture, Bio Jetdrier, Mitsubishi Electric Corporation, Panasonic Corporation, Hokwang Industries, Excel Dryer Inc., and JVD SAS.

  10. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/hand-dryer-market Follow Us On

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