E-Commerce Distribution Channels are Accelerating the Sales in the Commercial Goods & Retail Tech - Arizton

The automatic soap dispenser market size is expected to reach USD 1574.02 million by 2026, growing at a CAGR of 12.46% during the period 2021-2026. The digital liquid soap dispenser is the most convenient when compared to the spray and the foam soap dispenser. The demand for liquid (soaps) filled automated soap dispensers have increased in countries such as China, Germany, Japan, and India due to the boom commercial real estate, hospitality, corporate, and education markets. In 2021, Amazon launched Alexa-connected soap dispensers in the US. Similarly, Mi also came up with its automatic soap dispenser. E-commerce distribution channels are expected to boom in the automatic soap dispenser market. The key leading vendors in the global automatic soap dispenser industry are Reckitt Benckiser, 3M, Euronics, GOJO Industries, and Kimberly Clark.

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Commercial Hand Dryer Market - Global Outlook and Forecast 2021-2026

Commercial hand dryer market size to reach USD 2 billion in 2026, growing at a CAGR of 8% during the forecast period. Vendors catering to the global commercial hand dryer market have deliberately focused on the development of strategic partnerships to exploit the existing demand for hand dryers in the market. The adoption of XLERATOR hand dryers has helped significantly reduce the carbon footprint, which in turn, is gaining traction in the global market. The increasing diversification among consumer purchases is expected to witness a surge in demand during the forecast period. For instance, higher digitalization is anticipated to pave the way for new approaches and partners for making purchases. As the market demand is mainly fulfilled via dealers and distributor networks, players can consider the development of strategic channels with large commercial infrastructure construction players to gain a stronghold on existing demand in the respective markets.

Interesting Facts to know!

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U.S. High-Speed Hand Dryer Market - Industry Outlook and Forecast 2020-2025

The U.S. high-speed hand dryer market size to reach USD 345 million by 2025, growing at a CAGR of 7% during the forecast period. High-speed hand dryer vendors are focusing on the development of environment-friendly products. The evolution of smart technologies in other sectors has positive impact in the US high speed hand dryer market. Additonally, vendors catering to the US market are focused on expanding their outreach to the Canadian market to capitalize on the full potential of the North American market. Vendors can consider the development of strategic channels with large commercial infrastructure construction players to exert a stronghold on existing demand in the US high speed hand dryer market. The trend of smart cities is expected to accelerate the growth of the market rapidly.  

Interesting Facts to know!

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