Asia-Pacific Hand Dryer Market Size
| Study Period | 2019-2028 |
| Base Year For Estimation | 2022 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2019 - 2021 |
| CAGR | > 8.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Hand Dryer Market Analysis
The Asia-Pacific hand dryer market was worth around USD 480 million in the current year. It is expected to register a compound annual growth rate (CAGR) greater than 8% in the forecast period. Recently, the Asia-Pacific hand dryers market is growing steadily, driven by several factors, including increasing hygiene awareness, rising demand for eco-friendly products, and government initiatives to reduce paper waste.
High-speed hand dryers, such as those offered by Dyson, Excel Dryer, and Mitsubishi Electric, are becoming increasingly popular in the region due to their fast drying time and energy efficiency. Hand dryers are increasingly used in commercial and public spaces, such as airports, malls, and schools, as a more hygienic and eco-friendly alternative to paper towels. Overall, the Asia-Pacific hand dryers market is expected to grow in the coming years, driven by these and other trends.
The COVID-19 pandemic had a mixed impact on the hand dryer market, with some manufacturers seeing increased demand for touchless technology and hygiene-focused features. In contrast, others faced challenges due to delayed installations and concerns over airborne transmission.
Post-COVID-19, with the increased awareness of the importance of hand hygiene, there is a surge in demand for touchless hand dryers. These dryers use sensors to detect the presence of hands and start the drying cycle automatically, reducing the need for users to touch potentially contaminated surfaces.
Asia-Pacific Hand Dryer Market Trends
Technological Advancements are Driving the Market
The Asia-Pacific hand dryer market saw several technological advancements in recent years, driven by increasing demand for more hygienic, energy-efficient, and user-friendly solutions. Touchless hand dryers use infrared sensors to detect the hand's presence, eliminating the need for users to touch the device and reducing the cross-contamination risk. These hand dryers are becoming increasingly popular in public washrooms and healthcare facilities.
High-speed hand dryers use powerful motors and advanced air-flow systems to dry hands in as little as 10-15 seconds. These hand dryers are popular in high-traffic areas of Asia and Australia, where speed and efficiency are important. Some hand dryers are equipped with HEPA (High-Efficiency Particulate Air) filters, which remove bacteria, viruses, and other harmful particles from the air. It helps to improve hygiene and reduce infection risk. Smart hand dryers use sensors and data analytics to monitor usage patterns, track maintenance needs, and optimize energy efficiency. Hand dryers can reduce energy costs and improve the overall user experience.
Overall, the hand dryer market in Asia-Pacific is expected to continue seeing technological advancements as manufacturers seek to meet the evolving needs of consumers and businesses.
Rising Commercial and Public Spaces
With urbanization and increasing wealth, there is a growing demand for infrastructure and facilities to support the needs of businesses, residents, and visitors. One of the key areas of growth is in commercial real estate, with the development of office buildings, shopping malls, and other commercial spaces. The region saw a significant increase in shopping malls, with China alone adding over 3,000 new malls in the past decade.
As commercial and public spaces grow in Asia-Pacific, there is an increasing focus on sustainability and energy efficiency. It led to adopting green building practices, such as using energy-efficient lighting and HVAC systems and installing eco-friendly technologies like hand dryers instead of paper towels.
Asia-Pacific Hand Dryer Industry Overview
The market is highly competitive, with players constantly striving to introduce new and innovative products to cater to the changing demands of customers. The report covers major international players operating in the Asia-Pacific hand dryers market. Some key players in the Asia-Pacific hand dryer market include Dyson Ltd., Excel Dryer Inc., Mitsubishi Electric Corporation, World Dryer, Bobrick Washroom Equipment, and TOTO Ltd. The leading brands are opening exclusive stores for special products. The companies are also promoting, differentiating, and selling limited editions to increase their visibility and brand awareness in the market.
Asia-Pacific Hand Dryer Market Leaders
Dyson
Excel Dryer
Mitsubishi Electric
World Dryer
Bobrick Washroom Equipment
*Disclaimer: Major Players sorted in no particular order
Asia-Pacific Hand Dryer Market News
- March 2023: Central Marketing Group (CMG), a subsidiary of Central Retail Corporation (CRC), launched the "Dyson Airblade" hand dryer in Thailand, featuring innovations for hygiene. The product is available in three models: the Dyson Airblade wash+dry, the Dyson Airblade 9KJ, and the Dyson Airblade V.
- April 2022: Euronics introduced the NERO series in India. It includes a sensor tap, automatic soap dispenser, and hand dryer.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness: Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Technological Advancements in the Industry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Hot Hand Dryers
5.1.2 Jet Hand Dryers
5.2 By End User
5.2.1 Hotels
5.2.2 Commercial Complexes
5.2.3 Office Buildings
5.2.4 Others (Hospital and Clinics, Food Processing and Service Industry)
5.3 By Distribution Channel
5.3.1 Online
5.3.2 Offline
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Dyson
6.2.2 Mitsubishi Electric
6.2.3 Excel Dryer
6.2.4 Bobrick Washroom Equipment
6.2.5 World Dryer
6.2.6 TOTO Ltd
6.2.7 AIKE
6.2.8 JVD
6.2.9 Jetmaster
6.2.10 Panasonic
6.2.11 Seibu Giken
6.2.12 Tekflo
6.2.13 Velo Hand Dryers*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Asia-Pacific Hand Dryer Industry Segmentation
A hand dryer is an electronic device used in public restrooms to dry hands more economically than paper towels. Reducing the possibility of cross-contamination and the spread of pathogens helps to maintain the highest possible standard of cleanliness and hygiene. The report gives a full background analysis of the Asia-Pacific hand dryer grill market, including a look at the market as a whole, new trends by segment and regional market, major changes in market dynamics, and key players in the market. The Asia-Pacific Hand Dryers Market is segmented by type (hot hand dryers and jet hand dryers), end user (hotels, commercial complexes, office buildings, and others (hospitals and clinics, food processing and service industry)), and distribution channel (online and offline). The report offers the market sizes and forecasts in value (USD million) for all the above segments.
| By Type | |
| Hot Hand Dryers | |
| Jet Hand Dryers |
| By End User | |
| Hotels | |
| Commercial Complexes | |
| Office Buildings | |
| Others (Hospital and Clinics, Food Processing and Service Industry) |
| By Distribution Channel | |
| Online | |
| Offline |
Frequently Asked Questions
What is the current Asia-Pacific Hand Dryer Market size?
The Asia-Pacific Hand Dryer Market is projected to register a CAGR of greater than 8% during the forecast period (2023-2028).
Who are the key players in Asia-Pacific Hand Dryer Market?
Dyson, Excel Dryer, Mitsubishi Electric, World Dryer and Bobrick Washroom Equipment are the major companies operating in the Asia-Pacific Hand Dryer Market.
Asia-Pacific Hand Dryer Industry Report
Statistics for the 2023 Asia-Pacific Hand Dryer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Hand Dryer analysis includes a market forecast outlook to for 2023 to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
