A new report published by Allied Market Research projects that the global hand dryer market will reach $1,350 million by 2022. Factors such as technological advancement, price, and energy efficiency of hand dryers have significantly impacted market growth. Automatic hand dryers have reduced the human interaction notably with improvement in consumer experience. Moreover, the reducing product prices facilitates their adoption across new areas such as educational institutes, office buildings, retail outlets, and public washrooms among others.
However, rise in health concerns due to microbial cross contamination and associated noise pollution issues are expected to hinder the market growth during the forecast period in some extent.
Nevertheless, ongoing research and development to improve quality, energy efficiency, and reduction in noise is anticipated to increase the demand for hand dryers.
The Asia-Pacific region is anticipated to exhibit robust growth owing to rapid infrastructure development and awareness about environmental benefits in the region. The food processing and service industry will continue to maintain its dominance throughout the forecast period due to need to reduce their operational expenditure.
Depending on operation mode, the hand dryers are classified into push button and automatic. Fully automatic segment constitutes the highest market share owing to better convenience and consumer satisfaction. The growth of push button hand dryers will be supported by demand from Asia- Pacific and LAMEA (Latin America, Middle East and Africa) regions.– Cleanzine