European Commission (EC) presented its ‘Fit for 55’ package in July 2021. This includes draft climate, energy, and transport-related legislation.
The report provides analysis of global Hand Dryers market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. According to Acumen Research and Consulting, the global Hand Dryers market is expected to grow at noteworthy CAGR around 11 % throughout the forecast period and reach around US$ 1.9 billion by 2026.
Compared to the QYR-Report earlier this year, Acumen has published more concrete data for free. However, the full version does also cost. Total hand dryer shipments were 3,000,000 in 2018, with a forecast volume of 7,500,000 in 2026. Fuel the adoption of products is also projected at the environmental and economic benefits of the hand dryers. Growing demand for environmentally friendly appliances makes paper saving and power saving easier and more likely to foster industry growth over the forecast period.