| Product Code: ETC4797321 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s import of hand dryers saw a significant growth in 2024, with China, Spain, Germany, Serbia, and Poland emerging as the top exporting countries. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by HHI, shifted from high to moderate in 2024, indicating a more diversified Market Top 5 Importing Countries and Market Competition (HHI) Analysis landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.11%, while the growth rate from 2023 to 2024 spiked to an impressive 28.51%. This data suggests a promising outlook for the hand dryer import Market Top 5 Importing Countries and Market Competition (HHI) Analysis in Bulgaria, with increasing competition and potential for further expansion.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Hand Dryers Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Hand Dryers Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Hand Dryers Market - Industry Life Cycle |
3.4 Bulgaria Hand Dryers Market - Porter's Five Forces |
3.5 Bulgaria Hand Dryers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bulgaria Hand Dryers Market Revenues & Volume Share, By Operation Mode, 2021 & 2031F |
3.7 Bulgaria Hand Dryers Market Revenues & Volume Share, By Mounting Technique, 2021 & 2031F |
3.8 Bulgaria Hand Dryers Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Bulgaria Hand Dryers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on hygiene and cleanliness in public spaces |
4.2.2 Growing awareness about environmental sustainability |
4.2.3 Rising adoption of high-speed hand dryers for improved efficiency |
4.3 Market Restraints |
4.3.1 Initial high cost of installation and maintenance |
4.3.2 Competition from alternative hand drying methods such as paper towels |
4.3.3 Limited awareness and education about the benefits of hand dryers |
5 Bulgaria Hand Dryers Market Trends |
6 Bulgaria Hand Dryers Market Segmentations |
6.1 Bulgaria Hand Dryers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Hand Dryers Market Revenues & Volume, By Jet Air, 2021-2031F |
6.1.3 Bulgaria Hand Dryers Market Revenues & Volume, By Hot Air, 2021-2031F |
6.2 Bulgaria Hand Dryers Market, By Operation Mode |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Hand Dryers Market Revenues & Volume, By Manual On-Automatic Off, 2021-2031F |
6.2.3 Bulgaria Hand Dryers Market Revenues & Volume, By Fully Automatic, 2021-2031F |
6.3 Bulgaria Hand Dryers Market, By Mounting Technique |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Hand Dryers Market Revenues & Volume, By Surface Mounted, 2021-2031F |
6.3.3 Bulgaria Hand Dryers Market Revenues & Volume, By Wall Mounted, 2021-2031F |
6.4 Bulgaria Hand Dryers Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Hand Dryers Market Revenues & Volume, By Airports, 2021-2031F |
6.4.3 Bulgaria Hand Dryers Market Revenues & Volume, By Hotel & Restaurants, 2021-2031F |
6.4.4 Bulgaria Hand Dryers Market Revenues & Volume, By Hospitals, 2021-2031F |
6.4.5 Bulgaria Hand Dryers Market Revenues & Volume, By Offices, 2021-2031F |
6.4.6 Bulgaria Hand Dryers Market Revenues & Volume, By Shopping Malls, 2021-2031F |
6.4.7 Bulgaria Hand Dryers Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Hand Dryers Market Import-Export Trade Statistics |
7.1 Bulgaria Hand Dryers Market Export to Major Countries |
7.2 Bulgaria Hand Dryers Market Imports from Major Countries |
8 Bulgaria Hand Dryers Market Key Performance Indicators |
8.1 Energy efficiency rating of hand dryers utilized |
8.2 Number of public facilities implementing hand dryers |
8.3 Percentage reduction in paper towel usage due to hand dryer adoption |
9 Bulgaria Hand Dryers Market - Opportunity Assessment |
9.1 Bulgaria Hand Dryers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bulgaria Hand Dryers Market Opportunity Assessment, By Operation Mode, 2021 & 2031F |
9.3 Bulgaria Hand Dryers Market Opportunity Assessment, By Mounting Technique, 2021 & 2031F |
9.4 Bulgaria Hand Dryers Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Bulgaria Hand Dryers Market - Competitive Landscape |
10.1 Bulgaria Hand Dryers Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Hand Dryers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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