Published By : 20 Jul 2016 | Published By : QYRESEARCH
The rise in concern for waste paper towel management has created a great opportunity for the vendors catering in the hand dryer industry to explore technologically advanced alternatives. The growth in demand for better hygiene in public washrooms, coupled with the need for efficient disposal of tissue paper waste is bringing forth prospects for the global hand dryers market.
Hand dryers are electronic devices used to dry hands and they can be operated with a button or automatically. The automatic type of dryers is more popular due to their technological efficiency and tend to produce a lesser level of noise than the traditional button-operated dryers. The various latest technological ugradation in the hand dryers have minimized the power consumption and their maintenance cost, thus fueling the demand for hand dryers globally.
Increased Leisure Activities Profit the Hand Dryer Market Globally
An increase in consumer spending on leisure activities is a result of the increased average income. This trend has notified an increased visits to restaurants and hotels. Prospects for the global hand dryers market thus seem to flourish, as the number of hotels and restaurants increases in response to the increased visits. As these industries register that paper towels in a long run are costlier and more unmanageable than the hand dryers, sales of the latter will boost exponentially in response.
Despite the recent economic slowdown that tends to put a few market players under pressure, the cost efficiency ensured by hand dryers has led to increased installations in restrooms.
Hand Dryer Market to Thrive in Response to Superior Hygiene Demands in Europe
Based on geography, hand dryer sales were recorded highest in Europe in 2014. In Europe, countries such as Italy, France, Spain, Germany, and the United Kingdoms demonstrated the most attractive opportunities for hand dryers market in response to the demand of eco-friendly, cost-effective, and hassle-free devices across private and public institutions. While North America stood second in the regional market, the growth trends show an expectation of great turnover from APAC and Rest of the World.
Sophisticated Designs help Jet Hand Dryers to Grow at a Faster Rate
Hand dryers cab be broadly classified into hot air dryers and jet air dryers. Due to their advanced design and technological advancement, jet hand dryers are preferred to conventional hot air dryers. The market has been witnessing a surge in the demand of jet hand dryers and due to their faster-drying speed, they are installed in airports, fancy restaurants, and big hotels. The hot air dryers are used in schools, hospitals, colleges, and malls.