The Business Research Company published its Hand Dryers Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Hand Dryers market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Hand Dryers market’s segments-
1) By Product: Jet Air, Hot Air
2) By Operation: Manual On-Automatic Off, Fully Automatic
3) By End-User: Airports, Hotel & Restaurants, Hospitals, Offices, Shopping Malls, Others.
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Hand Dryers Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global hand dryers market is expected to decline from $0.88 billion in 2019 to $0.79 billion in 2020 at a compound annual growth rate (CAGR) of -9.76%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $1.15 billion in 2023 at CAGR of 13.49%.
Companies are launching new products in order to increase their revenue and also for gaining a competitive edge over their competitors.
Few Points From Table Of Content
- Executive Summary
- Hand Dryers Market Characteristics
- Hand Dryers Market Size And Growth
- Hand Dryers Market Segmentation
- Hand Dryers Market Regional And Country Analysis
- Hand Dryers Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Hand Dryers Market
- Hand Dryers Market Trends And Strategies
- Hand Dryers Market Future Outlook and Potential Analysis
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Few Points From List Of Tables
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Hand Dryers Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 4: Global Hand Dryers Market, Segmentation By Operation, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 47: Dyson Ltd. Financial Performance
Table 48: Electrostar Financial Performance
Table 49: Excel Dryer Inc. Financial Performance
Table 50: Panasonic Corporation Financial Performance
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