Research and Markets - Global Electric Hand Dryers Market to Grow 13%, 2017-2021 with Dyson, Excel Dryer & World Dryer Dominating

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Dec 23, 2016, 01:10 ET

DUBLIN, Dec 23, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Electric Hand Dryers Market 2017-2021" report to their offering.

The report forecasts the global electric hand dryers market to grow at a CAGR of 13.29% during the period 2017-2021.

The Global Electric Hand Dryers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is focus on customization, design, and the aesthetic factor. Customization of products and services enables the creation of a unique value proposition and results in a differentiating factor in comparison to competitors' products. In the global electric hand dryers market, owing to the prevailing intense competition, manufacturers have started focusing on providing customization options to suit the needs of users.

According to the report, one of the major drivers for this market is low cost of ownership and demand for sophistication. Electric hand dryers help reduce long-term cost on paper towels, disposal, and waste maintenance. Even though a hand dryer costs more than a paper towel dispenser in terms of purchase and installation, this cost is repaid within 6-7 months, which makes it a more economical choice in comparison to paper towels.

Further, the report states that one of the major factors hindering the growth of this market is issues with efficacy, noise, and skin irritation. Electric hand dryers often fail to achieve the desired result, which might lead to customer dissatisfaction. For people with sensitive skin, even light to moderate use of a hot air hand dryer can cause skin irritation. Some consumers have also reported that using hand dryers causes the skin to become excessively dry and rough, and triggers a burning sensation.

Key Vendors:

American Dryer
Dyson
Excel Dryer
Mitsubishi Electric
World Dryer

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by operation

Part 07: Market segmentation by product

Part 08: Market segmentation by end-user

Part 09: Segmentation by retail formats

Part 10: Geographical segmentation and key leading countries

Part 11: Market drivers

Part 12: Impact of drivers

Part 13: Market challenges

Part 14: Impact of drivers and challenges

Part 15: Market trends

Part 16: Vendor landscape

Part 17: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/pm9gf2/global_electric

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Research and Markets
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[email protected]

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SOURCE Research and Markets