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Hand Dryer Market by Type (Hot hand dryers and Jet hand dryers), End User (Hotel, Hospitals and Clinics, Food processing and service industry, Commercial complexes, Office buildings), Mode of Operation (Push Button and Automatic)

Global Opportunity Analysis and Industry Forecasts, 2014 - 2022
Category : Consumer Goods  | Published Date : Sept-2016 | Pages : 135
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Hand Dryer is an electrical device, mostly used for drying a person's hands by blowing warm air, either manually or automatically. Hand Dryer market is in high demand due to increased awareness about washroom hygiene, less use of paper towel, and growth of hotel industry. Presently, the hand dryer market faces a swift growth because of customization of hand dryers offered by manufacturers as per customer demand along with time saving factor and performance efficiency. Hand dryers are considered unhygienic and it is believed that they spread more germs as compared to conventional technologies, thereby affecting the market growth. Companies like Dyson, has introduced “Dyson Air blade hand dryer” which reduces bacteria on washed hands by up to 40%. Johnson Electric customized hand dryer are designed for increase in air flow, which reduces the drying time to half. Jet hand dryers is expected to dominate the market by value throughout the analysis period. However, market volume of hot hand dryers would dominate the during the forecast period. Hand dryers generated a revenue of $517 million in 2014 and is forecasted to reach a market value of $1,350 million in 2022 with a promising CAGR of 13% during 2016-2022.

The biggest benefit of hand dryers is that they dry hands quickly and consume less electricity. Also, there is no need of paper towel, which ultimately saves money and is environment friendly as it reduces the usage of paper thereby saving trees in the long run. However, the spread of bacterial infection owing to the use of the dryer and high noise levels are the major factors that restrict market growth. Technological advancements to improve high noise level along with an increase in efficiency would create lucrative growth opportunities. The technologically advanced products, which are being launched in this market primarily focus on speed and hygiene, thereby enhancing their marker demand. World hand dryer provides VERDEdri, which is the first all-in-one dryer that meets customer requirements of efficiency and consumes only 950 watts power.

The world hand dryer market is segmented on the basis of type, end user, mode of operation, and geography. On the basis of type, they are segmented into hot hand dryer and jet hand dryer. Based on end user, the market is segmented into hotels, hospitals and clinics, offices, and others. On the basis of mode of operation, the market is segmented into push button hand dryer and automatic hand dryer. On the basis of geography, it is segmented into North America, Europe, Asia-Pacific, and LAMEA, with a country-wise analysis of each. North America is further classified into U.S., Mexico, and Canada, whereas Europe has been further segmented into UK, Germany, France, and rest of Europe. Among the North American region, Mexico would grow with the highest CAGR of 12.5% during the forecast period. The countries covered under Asia-Pacific are China, Japan, South Korea, India, Singapore, and rest of Asia-Pacific. Among these, South Korea accounted for around 14% share in 2014 and would grow with a notable CAGR of 15.7% during the forecast period. LAMEA includes Latin America, Middle East, and Africa.

Major companies profiled in the report include, Dyson Ltd., American Dryer, World Dryer, Mitsubishi Electric, Bio JetDrier, Panasonic, Hokwang Industries, JVD SAS, Excel Dryer Inc., and Palmer Fixture.

POTENTIAL BENEFITS FOR STAKEHOLDERS:

  • The report covers in depth study about different strategies adopted by the prominent players present in the market and the new emerging strategies.
  • The current market trends are quantitatively analyzed and estimates from 2014 to 2022 are provided to highlight the financial competency.
  • Porter’s Five Forces analysis provides inputs on the potential of buyers and suppliers and highlights the competitive structure that would enable market players to devise effective growth strategies and facilitate better decision-making.
  • Value chain analysis provides key inputs on the role of different stakeholders involved at various stages.
  • SWOT analysis of the key market players highlight essential strengths and potential opportunities.

HAND DRYER MARKET SEGMENTATION

The world hand dryer market is segmented based on type, end user, mode of operation and geography.

BY TYPE

  • Hot hand dryer
  • Jet hand dryer

BY END USER

  • Hotel
  • Hospitals and Clinics
  • Food processing and service industry
  • Commercial complexes
  • Office buildings
  • Others (Railway stations, airports, education institutes, common public restrooms)
  • By Mode of Operation
  • Push button
  • Automatic

BY GEOGRAPHY

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Singapore
    • South Korea
    • Rest of Asia-Pacific
    • LAMEA

KEY PLAYERS

  • Dyson Ltd
  • American Dryer
  • World Dryer
  • Mitsubishi Electric
  • Bio JetDrier
  • Panasonic
  • Hokwang Industries
  • Palmer Fixture
  • Excel Dryer Inc.
  • JVD SAS

CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segmentation
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 CXO perspective

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key market findings

3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies

3.3 Porters five forces analysis

3.3.1 Product customization, intense competition and raw material fluctuations leads to moderate bargaining power of suppliers
3.3.2 Numerous product choices and variety seeking behaviour have leads to moderate bargaining power of buyers
3.3.3 Intense competition and high investments restrict the entry of new firms
3.3.4 High noise level, easy availability of paper towels and operating cost leads to moderate threat of substitutes in the market
3.3.5 Product customization, branding, and product launches intensify rivalry amongst the existing players

3.4 Value chain analysis
3.5 Market player positioning
3.6 Market dynamics

3.6.1 Drivers

3.6.1.1 Eco friendly technology
3.6.1.2 Technological advancements
3.6.1.3 Product customization
3.6.1.4 One-time investment

3.6.2 Restraints

3.6.2.1 Noise level
3.6.2.2 High initial investment

3.6.3 Opportunities

3.6.3.1 Low energy consumption
3.6.3.2 Residential buildings

CHAPTER 4 WORLD HAND DRYER MARKET BY TYPE

4.1 Overview

4.1.1 Market size and forecast

4.2 Hot hand dryer

4.2.1 Key trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast

4.3 Jet hand dryer

4.3.1 Key trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

CHAPTER 5 WORLD HAND DRYER MARKET BY MODE OF OPERATION

5.1 Overview

5.1.1 Market size and forecast

5.2 Push button hand dryer

5.2.1 Key trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast

5.3 Automatic hand dryer

5.3.1 Key trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast

CHAPTER 6 WORLD HAND DRYER MARKET BY END USER

6.1 Overview

6.1.1 Market size and forecast

6.2 Hotels

6.2.1 Key trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast

6.3 Hospital and clinics

6.3.1 Key trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast

6.4 Food processing and service industry

6.4.1 Key trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast

6.5 Commercial complexes

6.5.1 Key trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast

6.6 Office buildings

6.6.1 Key trends
6.6.2 Key growth factors and opportunities
6.6.3 Market size and forecast

6.7 Others

6.7.1 Key trends
6.7.2 Key growth factors and opportunities
6.7.3 Market size and forecast

CHAPTER 7 WORLD HAND DRYER MARKET BY GEOGRAPHY

7.1 Overview
7.2 North America

7.2.1 Key trends
7.2.2 Key growth factors and opportunities
7.2.3 Market size and forecast

7.2.3.1 USA
7.2.3.2 Canada
7.2.3.3 Mexico

7.3 Europe

7.3.1 Key trends
7.3.2 Key growth factors and opportunities
7.3.3 Market size and forecast

7.3.3.1 Germany
7.3.3.2 U.K.
7.3.3.3 France
7.3.3.4 Italy
7.3.3.5 Rest of Europe

7.4 Asia-Pacific

7.4.1 Key trends
7.4.2 Key growth factors and opportunities
7.4.3 Market size and forecast

7.4.3.1 China
7.4.3.2 Japan
7.4.3.3 India
7.4.3.4 South Korea
7.4.3.5 Rest of Asia-Pacific

7.5 LAMEA

7.5.1 Key trends
7.5.2 Key growth factors and opportunities
7.5.3 Market size and forecast

7.5.3.1 Brazil
7.5.3.2 South Africa
7.5.3.3 UAE
7.5.3.4 Rest of LAMEA

CHAPTER 8 COMPANY PROFILES

8.1 World Dryer Corporation

8.1.1 Company Overview
8.1.2 Company Snapshot
8.1.3 Operating Business Segments
8.1.4 Strategic Moves and Developments

8.2 American Dryer Inc.

8.2.1 Company Overview
8.2.2 Company Snapshot
8.2.3 Operating Business Segments
8.2.4 Strategic Moves and Developments

8.3 Dyson Ltd.

8.3.1 Company Overview
8.3.2 Company Snapshot
8.3.3 Operating Business Segments

8.4 Palmer Fixture

8.4.1 Company Overview
8.4.2 Company Snapshot
8.4.3 Operating Business Segments

8.5 Bio JetDrier

8.5.1 Company Overview
8.5.2 Company Snapshot

8.6 Mitsubishi Electric Corporation

8.6.1 Company Overview
8.6.2 Company Snapshot
8.6.3 Operating Business Segments
8.6.4 Business Performance

8.7 Panasonic Corporation

8.7.1 Company Overview
8.7.2 Company Snapshot
8.7.3 Operating Business Segments

8.8 Hokwang Industries

8.8.1 Company Overview
8.8.2 Company Snapshot
8.8.3 Operating Business Segments

8.9 JVD

8.9.1 Company Overview
8.9.2 Company Snapshot
8.9.3 Operating Business Segments

8.10 Excel Dryer, Inc.

8.10.1 Company Overview
8.10.2 Company Snapshot
8.10.3 Operating Business Segments
8.10.4 Strategic Moves & Developments

List of Figures

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP INVESTMENT POCKETS
FIG. 3 TOP WINNING STRATEGIES
FIG. 4 PORTERS FIVE FORCES ANALYSIS
FIG. 5 VALUE CHAIN ANALYSIS
FIG. 6 MARKET PLAYER POSITIONING, 2015
FIG. 7 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD HAND DRYER MARKET BY TYPE, 2014 & 2022 (%)
FIG. 8 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HOT HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 9 WORLD HOT HAND DRYER MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 10 HOT HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 11 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD JET HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 12 WORLD JET HAND DRYER MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 13 JET HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 14 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD HAND DRYER MARKET BY MODE OF OPERATION, 2014 & 2022 (%)
FIG. 15 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD PUSH BUTTON HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 16 WORLD PUSH BUTTON HAND DRYER MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 17 PUSH BUTTON HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 18 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD AUTOMATIC HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 19 WORLD AUTOMATIC HAND DRYER MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 20 AUTOMATIC HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 21 COMPARITIVE MARKET SHARE ANALYSIS OF WORLD HAND DRYER MARKET BY END USER, 2014 & 2022 (%)
FIG. 22 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HOTEL HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 23 WORLD HAND DRYER MARKET REVENUE IN HOTEL SECTOR, 2014-2022 ($MILLION)
FIG. 24 HOTEL HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 25 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HOSPITAL & CLINICS HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 26 WORLD HAND DRYER MARKET REVENUE IN HOSPITAL & CLINICS, 2014-2022 ($MILLION)
FIG. 27 HOSPITAL & CLINICS HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 28 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD FOOD PROCESSING AND SERVICE INDUSTRY HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 29 WORLD HAND DRYER MARKET REVENUE IN FOOD PROCESSING AND SERVICE INDUSTRY, 2014-2022 ($MILLION)
FIG. 30 FOOD PROCESSING AND SERVICE INDUSTRY HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 31 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD COMMERCIAL COMPLEXES HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 32 WORLD HAND DRYER MARKET REVENUE IN COMMERCIAL COMPLEXES, 2014-2022 ($MILLION)
FIG. 33 COMMERCIAL COMPLEXES HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 34 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD OFFICE BUILDINGS HAND DRYER MARKET, 2014 & 2022 (%)
FIG. 35 WORLD HAND DRYER MARKET REVENUE IN OFFICE BUILDINGS, 2014-2022 ($MILLION)
FIG. 36 OFFICE BUILDINGS HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 37 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HAND DRYER MARKET AMONG OTHER END USERS, 2014 & 2022 (%)
FIG. 38 WORLD HAND DRYER MARKET REVENUE IN OTHER SECTORS, 2014-2022 ($MILLION)
FIG. 39 OTHER END USERS HAND DRYER MARKET SHARE ANALYSIS BY GEOGRAPHY, 20142022 (%)
FIG. 40 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD HAND DRYER MARKET BY TYPE, 2014 & 2022 (%)
FIG. 41 COMPARATIVE HAND DRYER TYPE MARKET SHARE ANALYSIS OF NORTH AMERICAN MARKET, 2014 & 2022 (%)
FIG. 42 NORTH AMERICA HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 43 NORTH AMERICA HAND DRYER MARKET BY TYPE, 2015-2022 (%)
FIG. 44 U.S. HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 45 CANADA HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 46 MEXICO HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 47 COMPARATIVE HAND DRYER PRODUCT TYPE MARKET SHARE ANALYSIS OF EUROPE MARKET, 2014 & 2022 (%)
FIG. 48 EUROPE HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 49 EUROPE HAND DRYER MARKET BY TYPE, 2015-2022 (%)
FIG. 50 GERMANY HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 51 U.K. HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 52 FRANCE HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 53 ITALY HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 54 REST OF EUROPE HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 55 COMPARATIVE HAND DRYER PRODUCT TYPE MARKET SHARE ANALYSIS OF ASIA-PACIFIC MARKET, 2014 & 2022 (%)
FIG. 56 ASIA-PACIFIC HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 57 ASIA-PACIFIC HAND DRYER MARKET BY TYPE, 2015-2022 (%)
FIG. 58 CHINA HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 59 JAPAN HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 60 INDIA HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 61 SOUTH KOREA HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 62 REST OF ASIA-PACIFIC HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 63 COMPARATIVE HAND DRYER PRODUCT TYPE MARKET SHARE ANALYSIS OF LAMEA MARKET, 2014 & 2022 (%)
FIG. 64 LAMEA HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 65 LAMEA HAND DRYER MARKET BY TYPE, 2015-2022 (%)
FIG. 66 BRAZIL HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 67 SOUTH AFRICA HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 68 UAE HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 69 REST OF LAMEA HAND DRYER MARKET, 2014-2022 ($MILLION)
FIG. 70 NET SALES OF MITSUBISHI ELECTRIC CORPORATION, 2013-2015 ($MILLION)
FIG. 71 NET SALES OF MITSUBISHI ELECTRIC CORPORATION BY GEOGRAPHY, 2013-2015 (% COMPARISON)
FIG. 72 NET SALES OF PANASONIC CORPORATION, 2013-2015 ($ MILLION)
FIG. 73 NET SALES OF PANASONIC CORPORATION BY GEOGRAPHY, 2013-2015 (% COMPARISON)

List of Tables

TABLE 1 WORLD HAND DRYER MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 2 PRICE & NOISE LEVEL COMPARISON OF HAND DRYERS
TABLE 1 WORLD HAND DRYER MARKET BY TYPE, 2014-2022 ($MILLION)
TABLE 2 WORLD HAND DRYER MARKET BY TYPE, 2014-2022 (MILLION UNITS)
TABLE 3 WORLD HOT HAND DRYER MARKET BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 4 WORLD JET HAND DRYER MARKET BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 5 WORLD HAND DRYER MARKET BY MODE OF OPERATION, 2014-2022 ($MILLION)
TABLE 6 WORLD HAND DRYER MARKET BY MODE OF OPERATION, 2014-2022 (MILLION UNITS)
TABLE 7 WORLD PUSH BUTTON HAND DRYER MARKET BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 8 WORLD AUTOMATIC HAND DRYER MARKET BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 9 WORLD HAND DRYER MARKET BY END USER, 2014-2022 ($MILLION)
TABLE 10 WORLD HAND DRYER MARKET REVENUE IN HOTEL SECTOR, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 11 WORLD HAND DRYER MARKET REVENUE IN HOSPITAL & CLINICS SECTOR, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 12 WORLD HAND DRYER MARKET REVENUE IN FOOD PROCESSING AND SERVICE INDUSTRY SECTOR, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 13 WORLD HAND DRYER MARKET REVENUE IN COMMERCIAL COMPLEXE SECTOR, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 14 WORLD HAND DRYER MARKET IN OFFICE BUILDINGS SECTOR, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 15 WORLD HAND DRYER MARKET REVENUE IN OTHER END USER SECTOR, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 16 WORLD HAND DRYER MARKET REVENUE, 2014-2022 (MILLION UNITS)
TABLE 17 NORTH AMERICA HAND DRYER MARKET, BY TYPE, 20142022 ($MILLION)
TABLE 18 NORTH AMERICA HAND DRYER MARKET, BY COUNTRY, 2015-2022 ($MILLION)
TABLE 19 EUROPE HAND DRYER MARKET, BY TYPE, 20142022 ($MILLION)
TABLE 20 EUROPE HAND DRYER MARKET, BY COUNTRY, 2015-2022($MILLION)
TABLE 21 ASIA-PACIFIC HAND DRYER MARKET, BY TYPE, 20142022 ($MILLION)
TABLE 22 ASIA-PACIFIC HAND DRYER MARKET, BY COUNTRY, 2015-2022($MILLION)
TABLE 23 LAMEA HAND DRYER MARKET BY TYPE, 2014-2022 ($MILLION)
TABLE 24 LAMEA HAND DRYER MARKET, BY COUNTRY, 2015-2022($MILLION)
TABLE 25 SNAPSHOT OF WORLD HAND CORPORATION
TABLE 26 WORLD DRYER CORPORATION - OPERATING SEGMENTS
TABLE 27 SNAPSHOT OF AMERICAN DRYER INC.
TABLE 28 AMERICAN DRYER INC. - OPERATING SEGMENTS
TABLE 29 SNAPSHOT OF DYSON LTD.
TABLE 30 DYSON LTD. - OPERATING SEGMENTS
TABLE 31 SNAPSHOT OF PALMER FIXTURE
TABLE 32 PALMER FIXTURE - OPERATING SEGMENTS
TABLE 33 SNAPSHOT OF BIO JETDRIER
TABLE 34 SNAPSHOT OF MITSUBISHI ELECTRIC CORPORATION
TABLE 35 MITSUBISHI ELECTRIC CORPORATION - OPERATING SEGMENTS
TABLE 36 SNAPSHOT OF PANASONIC CORPORATION
TABLE 37 PANASONIC CORPORATION - OPERATING SEGMENTS
TABLE 38 SNAPSHOT OF HOKWANG INDUSTRIES
TABLE 39 SNAPSHOT OF JVD SAS
TABLE 40 JVD SAS- OPERATING SEGMENTS
TABLE 41 SNAPSHOT OF EXCEL DRYER INC.
TABLE 42 EXCEL DRYER - OPERATING SEGMENTS

...
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