Electric Hand-Dryer Market Overview in Australia
In value terms, electric hand-dryer production amounted to $ in 2018 estimated in export prices. Over the period under review, the total output indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electric hand-dryer production increased by +% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of % year-to-year. In that year, electric hand-dryer production attained its peak level and is likely to continue its growth in the immediate term.
The revenue of the electric hand-dryer market in Australia amounted to $ in 2018, surging 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). The market value increased at an average annual rate of +% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2009 with an increase of % against the previous year. Electric hand-dryer consumption peaked at $ in 2015; however, from 2016 to 2018, consumption remained at a lower figure.