Electric Hand-Dryer Market Overview in the Czech Republic
In value terms, electric hand-dryer production rose slightly to $ in 2019 estimated in export prices. In general, the total production indicated moderate growth from 2007 to 2019: its value decreased at an average annual rate of -% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of % y-o-y. Electric hand-dryer production peaked at $ in 2012; however, from 2013 to 2019, production failed to regain the momentum.
The size of the electric hand-dryer market in the Czech Republic expanded modestly to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2009 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.