According to a new report, published by KBV research, 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).
The Hot Hand Dryer segment is experiencing a CAGR of 12.7% during (2023 - 2030). Hot hand dryers use powerful airflow to blow water droplets off the hands. This high-speed air effectively removes moisture quickly, reducing drying time significantly. Hot hand dryers contribute to environmental sustainability by reducing the use of paper towels. This helps conserve natural resources, reducing paper waste and lowering the carbon footprint of paper production and disposal. Manufacturers offer a range of design options, finishes, and customization features, making hot hand dryers more aesthetically pleasing and suitable for various restroom settings.
The Automatic segment is leading the Global Hand Dryer Market, By Mode of Operation in 2022; thereby, achieving a market value of $2.3 billion by 2030. Automatic hand dryers are equipped with infrared or other proximity sensors that detect the presence of hands. This touchless operation reduces the need for users to touch potentially contaminated surfaces, enhancing restroom hygiene. Modern automatic hand dryers are designed to be energy-efficient. They often incorporate adjustable heating elements, airflow speed control, and automatic shut-off functions to minimize energy consumption. Automatic hand dryers are available in various sizes and designs, including compact and wall-mounted options.
The Hotels segment is registering a CAGR of 12.9% during (2023 - 2030). Hand dryers are a fundamental feature in hotel restrooms, ensuring guests can effectively dry their hands after washing. Clean and hygienic restrooms are a vital element of guest satisfaction. Many hotels choose hand dryers that match the overall aesthetics of their restrooms or the hotel's branding. Customization options and different finishes make integrating hand dryers seamlessly into the restroom design possible. Some higher-end hotels provide hand dryers as in-room amenities, either as a convenience for guests or as part of a more luxurious bathroom experience. These in-room hand dryers offer additional comfort for guests.
The Europe region dominated the Global Hand Dryer 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. The Asia Pacific region is anticipating a CAGR of 14% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 13% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/hand-dryer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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, Kilo Tonnes, USD Billion/Million, 2019-2030)
Companies Profiled
Unique Offerings 
