Global Hand Dryer Market Analysis and Forecast 2014 - 2020

Transparency Market Research

Global Hand Dryer Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date 26-Aug-2014

77 Page Report

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Hand Dryer Market is Expected to Reach USD 930.8 Million in Globally by 2020: Transparency Market Research

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Global Hand Dryer Market

REPORT DESCRIPTION

Global Hand Dryer Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020 According to a new market report published by Transparency Market Research "Hand Dryer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020," the global hand dryer market is expected to reach a value of USD 930.8 million by 2020, growing at a CAGR of 11.4% from 2014 to 2020. In 2013, total volume shipment of hand dryers was 2000 units and it is expected to reach 4376.8 thousand units by 2020, growing at a CAGR of 12% from 2014 to 2020. Growing demand of eco friendly appliances and increase in hygiene concern has led to the growing demand of hand dryers. In 2013, volume shipment of hand dryers was the largest in Asia Pacific. Browse the full Hand Dryer Market Report with full ToC: http://www.transparencymarketresearch.com/hand-dryer-market.html There are two types of hand dryers used in the public restrooms such as jet air hand dryers and hot air hand dryers. In 2013, hot air hand dryers accounted for the highest share with a percentage share of 65.14%. The demand for the hot air hand dryers is primarily attributed to the cost which is less in comparison to the jet air hand dryers. The jet air hand dryer is expected to grow at the highest CAGR of 12.0% from 2014 to 2020. This growth is primarily attributed to the growing advancements in hand drying technology and increasing demand of...