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Hand Dryer Market Share

Report ID: GMI10212
Published Date: Jul 2024
Report Format: PDF

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Hand Dryer Market Share

Hand dryer industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as Dyson Ltd., Excel Dryer, Inc., Mitsubishi Electric Corporation, World Dryer Corporation, American Dryer, Inc., Bradley Corporation, Electrolux and Panasonic Corporation collectively held around 20%-25% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Hand Dryer Market Companies

Major players operating in the hand dryer industry are:

Airdri Ltd.
American Dryer, Inc.
Bobrick Washroom Equipment, Inc.
Bradley Corporation
Dyson Ltd.
Electrolux
Excel Dryer, Inc.
Hokwang Industries Co., Ltd.
JVD SAS
Mitsubishi Electric Corporation
Palmer Fixture
Panasonic Corporation
Saniflow Corporation
TOTO Ltd.
World Dryer Corporation

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for hand dryer was valued at USD 1.7 billion in 2023 and is estimated to grow at 7% CAGR during 2024-2032, driven by public health concerns and the growing emphasis on hygiene practices.

The wall-mount hand dryers market size was USD 1.2 billion in 2023 and is expected to reach USD 2.3 billion by 2032, as they are ideal for bathrooms with limited counter space.

North America hand dryer market size was USD 400 million in 2023 and is expected to reach USD 800 million by 2032, as consumers prioritize convenience and a well-groomed appearance.

Airdri Ltd, American Dryer, Inc, Bobrick Washroom Equipment, Inc, Bradley Corporation, Dyson Ltd, Electrolux, Excel Dryer, Inc, Hokwang Industries Co., Ltd, and JVD SAS among others.