The Global Hand Dryer Market size is expected to reach $3.3 billion by 2030, rising at a market growth of 13.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,551.0 thousand units, experiencing a growth of 11.5% (2019-2022).
Hand dryers are crucial for employees to maintain proper hand hygiene in food processing facilities. Thus, the Food Processing & Service Industry acquired $366.1 million in 2022. Workers should wash their hands frequently to prevent cross-contamination. These dryers provide a quick and efficient means of drying hands after washing, ensuring that employees have dry and clean hands while handling food products. Food processing and service facilities are subject to strict food safety regulations and guidelines. They support compliance by enabling employees to maintain good hand hygiene practices, which is critical in preventing foodborne illnesses. Food service establishments can use these dryers for employee training on proper handwashing and hygiene practices. Some of the factors impacting the market are reduction in water and paper wastage, increasing disposable income and rising standard of living, and regular maintenance requirements.
Hand dryers are viewed as an environmentally responsible alternative to paper towels. By reducing the need for paper production, transportation, and disposal, they help conserve natural resources and decrease the carbon footprint associated with paper products. These dryers significantly reduce paper waste in public restrooms and other facilities. This directly impacts minimizing the volume of paper towels ending up in landfills. In some cases, reducing water wastage is directly related to these dryers. When people use these dryers, they are less likely to use paper towels to wipe their hands, reducing the consumption of paper from water-intensive processes. Additionally, with growing disposable income, people are more inclined to dine out and stay at hotels for leisure and business purposes. This leads to a higher footfall in hotels and restaurants, increasing the need for restroom facilities. As people's living standards improve, so do their expectations for hygiene and comfort. Hotels and restaurants aim to provide a superior guest experience, including clean and well-maintained restrooms. High-speed dryers with touchless operation are considered a modern and hygienic choice in these facilities. These dryers are efficient and cost-effective solutions for high-traffic establishments. The proliferation of hotels and restaurants due to increasing disposable income and higher living standards can indirectly expand the market.
However, maintenance, including cleaning and filter replacement, can incur costs for businesses and institutions. These ongoing expenses need to be factored into the total cost of ownership when considering these dryer solutions. If these dryers are not well-maintained, they may not perform efficiently, leading to subpar user experience. Users may find that damp hands are not adequately dried, which can be frustrating and may result in a negative perception of these dryers. During maintenance, these dryers may be temporarily out of service. This can disrupt restroom facilities, leading to user inconvenience. Downtime can be a challenge for high-traffic locations. Facilities must either have in-house personnel trained in maintenance or rely on external service providers, which can be an added logistical challenge. The above factors will hamper market growth.
On the basis of type, the market is segmented into hot hand dryer and jet hand dryer. In 2022, the jet hand dryer segment dominated the market with the maximum revenue share. Jet hand dryers use narrow, high-speed air jets to blow water droplets off the hands. The powerful and focused airflow provides rapid and effective drying in seconds. Some jet hand dryers come with additional hygiene features, such as HEPA filters or antimicrobial coatings, to ensure the air used for drying hands is clean and free from contaminants. These features are aimed at improving the overall hygiene of the drying process.
Based on mode of operation, the market is fragmented into push button and automatic. The push button segment garnered a significant revenue share in the market in 2022. Push button hand dryers are often more cost-effective in terms of their initial purchase price when compared to high-speed automatic or jet hand dryers. This can make them an attractive option for budget-conscious businesses and facilities. Push button hand dryers are straightforward to use. Users press a button or flip a switch to activate the drying process. This simplicity can benefit settings where users are accustomed to such devices and do not require complex technology. Push button hand dryers are typically known for their reliability. The absence of electronic sensors and components means fewer potential points of failure, making them less prone to technical malfunctions. Jet hand dryers are gaining attraction worldwide due to lower energy consumption and lesser drying time requirement.
By end user, the market is classified into food processing & service industry, hotels, hospitals & clinics, commercial complexes, office buildings, and others. The commercial complexes segment projected a prominent revenue share in the market in 2022. Commercial complexes must comply with health and safety regulations, and these dryers are essential to maintaining proper hygiene standards in restroom facilities. Compliance with these standards ensures the safety and well-being of visitors and employees. These dryers contribute to the overall convenience and cleanliness of the commercial complex. They reflect the commitment to providing a positive experience for visitors and customers. The comfort and efficiency of these dryers make them essential in promoting a clean, hygienic, and sustainable environment in commercial complexes.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 1.2 Billion |
| Market size forecast in 2030 | USD 3.3 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 13.3% from 2023 to 2030 |
| Number of Pages | 353 |
| Number of Table | 710 |
| Quantitative Data | Volume in Thousand Units, Revenue in USD Billion, and CAGR from 2019 to 2030 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Type, Mode of Operation, End User, Region |
| Country scope |
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| Companies Included | Raytheon Technologies Corporation, Whirlpool Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Dyson Limited, Toto Ltd., Excel Dryer (Denis Gagnon), Hokwang Industries Co., Ltd., Bobrick Washroom Equipment, Inc., Bradley Corporation |
| Growth Drivers |
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| Restraints |
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Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe region generated the highest revenue share in the market. Europe's growing market reflects the region's commitment to sustainability, hygiene, and technological advancement. As businesses and institutions prioritize eco-friendly and efficient hand-drying solutions, the market is expected to expand. Manufacturers are likely to continue innovating to meet the growing demands of European customers for advanced and environmentally responsible hand-drying solutions.
Free Valuable Insights: Global Hand Dryer Market size to reach USD 3.3 Billion by 2030
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Raytheon Technologies Corporation, Whirlpool Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Dyson Limited, Toto Ltd., Excel Dryer (Denis Gagnon), Hokwang Industries Co., Ltd., Bobrick Washroom Equipment, Inc., Bradley Corporation
By Type (Volume, Thousand Units, USD Billion, 2019-2030)
By Mode of Operation (Volume, Thousand Units, USD Billion, 2019-2030)
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
This Market size is expected to reach $3.3 billion by 2030.
Reduction in water and paper wastage are driving the Market in coming years, however, Regular maintenance requirements restraints the growth of the Market.
Raytheon Technologies Corporation, Whirlpool Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Dyson Limited, Toto Ltd., Excel Dryer (Denis Gagnon), Hokwang Industries Co., Ltd., Bobrick Washroom Equipment, Inc., Bradley Corporation
In the year 2022, the market attained a volume of 3,551.0 thousand units, experiencing a growth of 11.5% (2019-2022).
The Automatic segment is leading the Market, By Mode of Operation in 2022; thereby, achieving a market value of $2.3 billion by 2030.
The Europe region dominated the Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.1 billion by 2030.
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