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Next Move Strategy Consulting

Hand Dryer Market Set to reach USD 2.86 billion by 2030

Hand Dryer Market Set to reach USD 2.86 billion by 2030

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According to the study by Next Move Strategy Consulting, the global Hand Dryer Market size is predicted to reach USD 2.86 billion with a CAGR of 12.7% till 2030.

The increasing awareness of environmental concerns with the use of traditional paper towels led to the adoption of hand dryers. This adoption significantly reduces the consumption of paper towels and decreases the process of deforestation.

North America holds the dominant share in the hand dryer market. This is attributed to the growing government initiatives in well-developed countries such as the U.S. and Canada toward public health and hygiene among the commercial and industrial sectors.

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