Technavio’s latest market research report on the global paper towel dispenser market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
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Technavio has published a new report on the global paper towel dispenser market from 2017-2021. (Graphic: Business Wire)
Abhay Sinha, a lead research analyst from Technavio, says, “Thriving real estate and tourism, increasing disposable incomes, and changes in lifestyle have raised the demand for bath accessories and fittings from the housing, offices, restaurants, hotels, and others sectors. This has also led to an increase in demand for paper towel dispensers.”
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The top three emerging market trends driving the global paper towel dispenser market according to Technavio’s research analysts are:
- Sensor-based paper towel dispenser
- Change in user requirements
- Global increase in development of smart cities
Sensor-based paper towel dispenser
People prefer to touch fewer things in the washroom to maintain hygiene. Keeping this in mind, manufacturers have developed sensor-based paper towel dispensers. Users need just to wave or put their hand in front of the sensor, and the paper towel dispenser will roll out the paper towel. For instance, INNOVIA, a paper towel dispenser manufacturer, has introduced the INNOVIA WB2-159S, a smart, sensor-based paper towel dispenser. It has an IR sensor that delivers a single sheet of hand towel or five sheets if the hand is kept in front of the sensor for a longer period. Additionally, if an extra sheet is dispensed, then the sensor automatically detects it and pulls the paper towel inside the dispenser, thus limiting the exposure of the hand towel to the outside environment.
Change in user requirements
There has been a noted increase in the number of hand paper towel dispenser manufacturers. Both local and international manufacturers are introducing various products, thus giving many options to users. Hence, to distinguish their products, manufacturers are coming up with many variations. For instance, manufacturers have introduced hand paper towel dispensers with anti-bacterial coatings. Since the c-fold paper towel gives out more towels than required, manufacturers have developed dispensers that use paper towel rolls instead. This type of dispenser gives out only the required amount of paper towel thus, leading to lesser wastage of tissues. Additionally, since it is more economical to buy paper towel rolls with high capacity, users are demanding dispensers that can hold high capacity paper towels.
“With the increase in number of high-end themed restaurants and hotels coming up globally, many restaurant and hotel owners are demanding customized hand paper towel dispensers, with their logo or different changing colors, message displays, and others. Additionally, there is a growing trend for dispensers that are equipped with a video screen that shows commercials,” says Abhay.
Global increase in development of smart cities
The United Nations Economic Commission for Europe (UNECE) Committee on Housing and Land Management introduced the smart city project. The aim of this project was sustainable urban development, especially in developing countries and transition economies. Smart cities are made with the goal of integrating IoT and ICT into urban infrastructure and improve the efficiency of urban services. This is also expected to increase the design, planning, and construction of technologically advanced infrastructure, buildings, and others. The smart city market is approximated at USD 1.6 trillion by 2020.
The global increase in new construction under smart city projects will lead to the demand for technologically advanced paper towel dispensers, which augurs well for the growth of the market.
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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