Asia-Pacific Hand Dryer Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 480 Million |
| Market Size (2029) | USD 709.20 Million |
| CAGR (2024 - 2029) | 8.12 % |
| 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 size is estimated at USD 480 million in 2024, and is expected to reach USD 709.20 million by 2029, growing at a CAGR of 8.12% during the forecast period (2024-2029).
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, have become popular 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.
Asia-Pacific Hand Dryer Market Trends
Increased Demand For Jet Air Hand Dryer Drives The Market
Due to the rapid hand-drying capabilities jet air hand dryers dominate the market. Jet air hand dryers use high velocity to remove moisture quickly and efficiently. The reason for the popularity of jet air hand dryers in the Asia Pacific region is that they provide a convenient and user-friendly experience to consumers.
The manufacturers in the Asia Pacific region produce hand dryers with energy-efficient properties so that they consume less electricity. Manufacturers have incorporated HEPA filters which remove bacteria and contaminants from the air used for hand drying. Therefore, these innovative factors drive the growth of the market in the Asia Pacific region.
China Dominates The Market
China is focusing on environmental sustainability to reduce waste and conserve resources. Since China has implemented strict regulations for energy efficiency and environmental impacts, hand dryers are mostly used rather than paper towels because of their less waste generation. Moreover, places in China are high on hygiene and sanitation, particularly in public places. The demand for touchless, high-speed hand dryers that reduce the spread of diseases is high on demand.
The government in China offers incentives to businesses that invest in energy-efficient and eco-friendly technologies so there is an increased adoption of hand dryers in China.
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.
Asia-Pacific Hand Dryer Market Report - 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 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, end-user, and distribution channel. By type, the market is sub-segmented into hot hand dryers and jet hand dryers. By end user, the market is sub-segmented into hotels, commercial complexes, office buildings, and others by hospitals and clinics, food processing and service industry. By distribution channel, the market is sub-segmented into online and offline. The report offers the market sizes and forecasts in value (USD) 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 |
Asia-Pacific Hand Dryer Market Research Faqs
How big is the Asia-Pacific Hand Dryer Market?
The Asia-Pacific Hand Dryer Market size is expected to reach USD 480 million in 2024 and grow at a CAGR of 8.12% to reach USD 709.20 million by 2029.
What is the current Asia-Pacific Hand Dryer Market size?
In 2024, the Asia-Pacific Hand Dryer Market size is expected to reach USD 480 million.
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.
What years does this Asia-Pacific Hand Dryer Market cover, and what was the market size in 2023?
In 2023, the Asia-Pacific Hand Dryer Market size was estimated at USD 441.02 million. The report covers the Asia-Pacific Hand Dryer Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Hand Dryer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Hand Dryer Industry Report
Statistics for the 2024 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 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
