Hand washing is an essential part of hygiene, and appropriate drying techniques is required. Hand dryers are portable bathroom equipment. They can operate either by pressing a button or through sensors. The value chain of hand dyers contains control circuitry, wires, hand dryer heater, hand proximity sensor, indicators or switches.
What are the key factors that will affect the market size? What are the drivers and challenges in the hand dryers market?
The key factors driving the growth of the hand dryer market are the increasing need to minimise water usage and paper waste.
The global market of hot hand dyer is expected to support the market growth in the next few coming years due to its hygienic nature and low price advantages. The growth of a hand-dryer market is driven by a growing number of restaurants, supermarkets, and commercial and public buildings.
The new and innovative hand dryers provide customers with performance, comfort and security. For instance, the new technologically advanced hand dryers can be used by people in wheelchairs and even visually impaired individuals, as stated by all Americans with Disabilities Act (ADA) regulations.
Moreover, smart hand dryers have a positive impact on the global market. Consumers around the world are increasingly using intelligent hand dryers due to constant changes in consumer living standards and the increasing interest in smart devices.
The global hand dryer market is anticipated to reach around US$ 1.5 billion by 2025 from US$ 0.5 billion in 2018.
The traditional paper or cloths towel has been used in toilets for centuries. A battle for loo dominance has flashed a new wave of hand dryers. The global market for hand dryers is highly fragmented. The market is in the initial phase of growth, and in the near future, the demand will intensify.
The global market for hand dryers is expected to show promising growth. This can be due to increased awareness of environmental issues and high end-user adoption of hand dryers in hospitals, airports, food processors and utilities, offices and shopping malls. Overall, the demand for cleaner toilet facilities is also growing, which in turn drive the market for hand dryers.
Furthermore, the growth of infrastructure in emerging markets such as China, India and Brazil provides enormous market opportunities. Jet air hand dryers are found to be more efficient among the hand dryers. Jet air hand dryers are faster compared to hot air hand dryers. They consume less energy and are more cost-effective.
However, in contrast with the paper towel, the high cost of installing these machines is one of the main obstacles. New research shows that jet-air hand dryers may not be hygienic as it spread viruses and bacteria from unclean hands.