Market Size of Asia-Pacific Hand Dryer Industry
| 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.
