E-Commerce Distribution Channels are Accelerating the Sales in the Commercial Goods & Retail Tech
CHICAGO, November 24, 2021 / PRNewswire / – The outbreak of the COVID-19 pandemic created a huge demand for hygiene products. Smart technologies such as automatic soap dispensers and hand dyes are in high demand on the world market. Several major players in the market are promoting their hand dryers as environmentally friendly products in the market. Europe expects the largest share in the hand-under-dryer segment with incremental sales of over $ 122 million in the period 2020-2026. The US has been badly hit by the pandemic that is fueling the growth of these products in the market. Observing these rapid and drastic changes in demand and supply patterns encouraged Arizton industry analysts to publish comprehensive and data-driven insights into these recent trends in consumer goods and retail technology. If you want your business to grow and make a profit, view our wide range of Consumer Products and Retail Technology reports today and receive reports tailored to meet the needs of the business!
Automatic Soap Dispenser Market – Global Outlook and Forecast 2021-2026
The auto soap dispenser market size is expected to be reached $ 1,574.02 million by 2026 with a CAGR of 12.46% over the period 2021-2026. The digital liquid soap dispenser is the most convenient compared to the spray and foam soap dispenser. The demand for liquid (soap) filled automatic soap dispensers has increased in countries such as China, Germany, Japan, and India due to the boom in commercial real estate, hospitality, corporate, and education markets. In 2021, Amazon launched Alexa-connected soap dispensers in the United States. In a similar way, Mi also developed its automatic soap dispenser. The e-commerce sales channel is expected to boom in the automatic soap dispenser market. The major leaders in the global automatic soap dispenser industry are Reckitt Benckiser, 3M, Euronics, GOJO Industries and Kimberly Clark.
More information: https://www.arizton.com/market-reports/automatic-soap-dispenser-market-size-analysis
Commercial Hand Dryers Market – Global Outlook and Forecast 2021-2026
Reaching market size for commercial hand dryers $ 2 billion in 2026 and grows with a CAGR of 8% over the forecast period. Vendors serving the global commercial hand dryer market have deliberately focused on developing strategic partnerships to capitalize on the existing demand for hand dryers in the market. The introduction of XLERATOR hand dryers has helped to significantly reduce the carbon footprint, which in turn is gaining importance in the world market. The increasing diversification in consumer purchases is expected to lead to an increase in demand over the forecast period. The stronger digitization should pave the way for new approaches and partners for purchasing. With market demand met primarily through dealer and distribution networks, players can consider developing strategic channels with large commercial infrastructure construction companies to bolster existing demand in their respective markets.
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- Rising government spending on residential investment projects is expected to fuel demand for new hand dryer installations in the coming years.
- Hand dryers installed in hospitals should focus on maintaining hygiene as several reasons drive vendors to develop hand dryers with a hygiene maintenance system.
- Partnerships with hospitality players are likely to create strong demand for commercial hand dryers in the years to come.
More information: https://www.arizton.com/market-reports/commercial-high-speed-hand-dryer-market
US High Speed Hand Dryer Market – Industry Outlook and Forecast 2020-2025
The market size to be reached for high speed hand dryers in the United States $ 345 million by 2025 and grows with a CAGR of 7% in the forecast period. High speed hand dryer manufacturers focus on developing environmentally friendly products. The development of intelligent technologies in other sectors is having a positive impact on the US high speed hand dryer market. In addition, providers in the US market are focusing on expanding their reach into the Canadian market in order to realize the full potential of the North American market. Vendors may consider developing strategic channels with major players in commercial infrastructure construction to fuel existing demand in the US high-speed hand dryer market. The smart city trend is expected to rapidly accelerate the growth of the market.
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- New businesses are catching up with incumbents and are likely to undermine incumbent market share over the forecast period.
- The demand for high-speed commercial brand hand dryers has grown significantly in recent years. In the recent past Mitsubishi Electric has installed several high speed hand dryers.
- The Dubai Mall has had a record number of more than 80 million visitors annually for the past four years. This high footfall in shopping malls leads to increased washroom traffic, which in turn creates a demand for high-speed hand dryers.
More information: https://www.arizton.com/market-reports/united-states-high-speed-hand-dryer-market-size-analysis
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