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Hand Dryer Market Is Expected To Garner $1,350 Million By 2022, Growing At A CAGR Of 13 0% From 2016-2022, Says Allied Market Research – KSU

Hand Dryer Market Is Expected To Garner $1,350 Million By 2022, Growing At A CAGR Of 13 0% From 2016-2022, Says Allied Market Research – KSU
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Hand Dryers Market Owing to a Rise in the Demand for Exotic Fruity Flavors Across the Globe

Hand Dryers Market Owing to a Rise in the Demand for Exotic Fruity Flavors Across the Globe According to Stratistics MRC, the Global Hand Dryers Market is accounted for $658.9 million in 2017 and is expected to reach $1995.8 million by 2026 growing at a CAGR of 13.1% during the forecast period. BriefingWire.com, 4/08/2021 - According to Stratistics MRC, the Global Hand Dryers Market is accounted for $658.9 million in 2017 and is expected to reach $1995.8 million by 2026 growing at a CAGR of 13.1% during the forecast period. Rising demand for environmental-friendly devices, growing adoption of hand dryers and technological developments are some of the factors propelling the market growth. However, high cost of installation is hindering the market growth.

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Global Hand Dryer Market Report 2021: Environmental Benefits, Growing Utilization of Hand Dryers from the Food Processing and Service Industry are Propelling Market Growth

Share this article Share this article ResearchAndMarkets.com s offering. The Global Hand Dryer Market is projected to grow at a significant CAGR in value terms, during the forecast period. Awareness about environmental benefits, growing utilization of hand dryers from the food processing and service industry and technological advancement are some major factors propelling the market growth. Increase in installation at commercial complexes, airports, hotels, and restaurants is further expected to push the demand for hand dryer over the next five years. Hand dryers are automatically or manually operated electrical appliances which are usually found in public bathrooms. The growing concern towards washroom hygiene has led to increased installation of hand dryers in public places, which is driving the hand dryer market, globally.

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