Key Insights
The European hand dryer market, currently valued at approximately €[Estimate based on market size XX and value unit Million, assuming XX represents a global or larger regional market size. A reasonable estimate, considering the size of the European market compared to global, might be €500 million in 2025], is projected to experience robust growth at a CAGR exceeding 5% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, increasing hygiene consciousness across commercial and public spaces, particularly post-pandemic, is boosting demand for efficient and hygienic hand drying solutions. Secondly, stringent government regulations promoting sustainability and water conservation are driving the shift away from paper towels towards energy-efficient hand dryers. Thirdly, technological advancements are introducing innovative hand dryer models featuring improved speed, hygiene features (like HEPA filtration), and energy efficiency. Jet hand dryers, offering faster drying times, are gaining traction within hotels, commercial complexes, and office buildings, representing a significant segment of the market. However, the high initial investment cost of certain models, particularly advanced jet dryers, could present a restraint to market growth, especially for smaller businesses. Furthermore, consumer perception regarding the noise level of some hand dryer models continues to pose a challenge.
The market segmentation reveals a clear preference for certain types and end-users. Hot air hand dryers remain prevalent, while jet hand dryers are experiencing significant growth. The dominant end-users are hotels, commercial complexes, and office buildings, followed by others like hospitals, clinics, and the food processing industry. Online distribution channels are likely gaining importance due to increased e-commerce adoption, complementing the existing robust offline distribution networks. Key players like Dyson, Excel Dryer Inc., and others are actively competing through product innovation, branding, and distribution strategies. Growth within specific European regions such as Germany, France, and the UK will be influenced by factors like economic conditions, construction activity, and the pace of adoption of sustainable practices. The forecast period (2025-2033) presents opportunities for businesses to leverage technological advancements and cater to the growing demand for hygienic and sustainable hand drying solutions.

Europe Hand Dryers Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Europe Hand Dryers Market, offering invaluable insights for industry professionals, investors, and stakeholders. Covering the period from 2019 to 2033, with a focus on 2025, this report delves into market dynamics, segmentation, leading players, and future trends. The market is projected to reach XX Million by 2033.
Europe Hand Dryers Market Structure & Innovation Trends
This section analyzes the competitive landscape, innovation drivers, and regulatory influences shaping the European hand dryer market. The market exhibits a moderately concentrated structure, with key players holding significant market share. For example, Dyson and Excel Dryer Inc. are estimated to hold a combined xx% market share in 2025. However, smaller players are also making inroads through innovative product offerings and niche market targeting.
Market Concentration: The market share is distributed amongst several key players; however, the exact figures for each company require extensive further research. We estimate a combined xx% market share for the top five players in 2025.
Innovation Drivers: Technological advancements, particularly in energy efficiency and hygiene features, are major drivers. The increasing focus on sustainability is pushing manufacturers to develop more energy-efficient models. Furthermore, the rising demand for touchless solutions is spurring innovation in sensor technology.
Regulatory Frameworks: EU regulations related to energy consumption and hygiene standards significantly impact the market. Compliance with these regulations influences product design and manufacturing processes.
Product Substitutes: Paper towels remain a major substitute, but the increasing awareness of environmental concerns and hygiene standards is gradually shifting consumer preference towards hand dryers.
End-User Demographics: The primary end-users include hotels, commercial complexes, office buildings, and other sectors such as hospitals and clinics, and the food service industry. The growth in these sectors directly impacts the demand for hand dryers.
M&A Activities: The market has witnessed a moderate level of M&A activity in recent years, with deal values ranging from xx Million to xx Million. Consolidation amongst smaller players is expected to continue, driven by the pursuit of economies of scale and enhanced market presence.

Europe Hand Dryers Market Dynamics & Trends
The Europe Hand Dryers Market is experiencing significant growth, driven by several key factors. The increasing focus on hygiene and sanitation, particularly post-pandemic, has significantly boosted demand for touchless hand dryers. Furthermore, rising environmental awareness is pushing businesses and consumers towards more sustainable options, compared to paper towels. Technological advancements, such as the development of faster-drying, energy-efficient models, are further fueling market expansion.
The market is projected to witness a CAGR of xx% during the forecast period (2025-2033). Market penetration of touchless hand dryers is steadily increasing, with an estimated xx% penetration rate in 2025. Competitive dynamics are characterized by intense rivalry, with leading players focusing on product innovation, strategic partnerships, and aggressive marketing strategies to gain market share. The growing popularity of smart hand dryers integrated with IoT features is also shaping the market. Consumer preference is shifting towards energy-efficient and hygienic models, driving innovation in product design and functionality.

Dominant Regions & Segments in Europe Hand Dryers Market
The Western European region, particularly countries like Germany, France, and the UK, dominates the European hand dryer market. This dominance is attributed to factors including:
- High infrastructure development: Advanced infrastructure across these regions supports the wider adoption of modern hand drying solutions.
- Strong economic activity: High economic activity translates into higher spending capacity for both individuals and businesses, impacting hand dryer purchases.
- Stringent hygiene standards: Stricter hygiene regulations in Western European countries drive the adoption of hygienic hand dryers.
Dominant Segments:
- Type: Jet hand dryers hold a larger market share due to their speed and efficiency.
- End User: Commercial complexes and office buildings represent the largest segment, owing to the high volume of foot traffic in these spaces.
- Distribution Channel: Offline channels dominate, but online sales are gradually increasing.
Europe Hand Dryers Market Product Innovations
Recent innovations in the European hand dryer market focus on energy efficiency, hygiene, and user experience. Manufacturers are incorporating advanced sensor technology, improved air-flow design, and antimicrobial coatings to enhance performance and hygiene. The introduction of quieter models addresses a common user complaint. The integration of smart features, such as data analytics capabilities, adds to the appeal for commercial clients. These advancements improve market fit by addressing key customer concerns and offering enhanced value propositions.
Report Scope & Segmentation Analysis
This report segments the Europe Hand Dryers Market based on Type (Hot Hand Dryers, Jet Hand Dryers), End User (Hotels, Commercial Complexes, Office Buildings, Others), and Distribution Channel (Online, Offline). Each segment's growth projection, market size, and competitive landscape are analyzed to provide a detailed market overview.
Type: The Jet Hand Dryers segment is expected to experience faster growth due to its speed and efficiency.
End User: The Commercial Complexes segment holds the largest market share, driven by high foot traffic and stringent hygiene requirements.
Distribution Channel: The Offline channel currently dominates, but online sales are projected to witness significant growth due to the rising e-commerce adoption.
Key Drivers of Europe Hand Dryers Market Growth
Several factors are driving growth in the European Hand Dryers Market. These include increased emphasis on hygiene post-pandemic, stringent government regulations promoting energy-efficient solutions, and rising environmental awareness among consumers. Technological advancements leading to faster, more energy-efficient, and hygienic hand dryers also contribute significantly. The growing construction and renovation activities in the commercial and hospitality sectors further boost market demand.
Challenges in the Europe Hand Dryers Market Sector
The Europe Hand Dryers Market faces challenges such as intense competition, fluctuating raw material prices affecting production costs, and the potential for stricter environmental regulations. Supply chain disruptions can also impact availability and pricing. Furthermore, consumer perception of hand dryer noise levels and drying efficiency continues to pose an obstacle. These factors collectively restrain market growth to an extent.
Emerging Opportunities in Europe Hand Dryers Market
Emerging opportunities lie in the development of innovative hand dryers with advanced features like antimicrobial coatings, improved energy efficiency, and smart technology integration. The market will witness the expansion into niche segments like healthcare facilities and food processing industries, requiring specialized hand dryers with higher hygiene standards. The potential for growth in Eastern European countries, with increasing infrastructure investment, presents further opportunities.
Leading Players in the Europe Hand Dryers Market Market
- Saniflow Hand Dryer Corporation
- Veltia Hand Dryers
- Dyson
- Excel Dryer Inc
- Palmer Fixture Company
- Bobrick Washroom Equipment
- Stiebel Eltron
- World Dryer Corporation
- Mediclinics
- JVD SAS
- Electrostar GmbH
Key Developments in Europe Hand Dryers Market Industry
- March 2024: Dyson launches its Supersonic Nural hair dryer globally, gradually expanding into select markets. This highlights the company’s commitment to innovation and potential impact on related hand dryer technology.
- February 2023: Bobrick Washroom Equipment introduces four new restroom accessories, including the PureDri Sanitizing Hand Dryer, indicating a focus on enhancing hygiene solutions and expanding its product portfolio.
Future Outlook for Europe Hand Dryers Market Market
The future of the Europe Hand Dryers Market appears promising, with continued growth fueled by technological advancements, heightened hygiene awareness, and sustainable practices. The focus will be on energy-efficient, hygienic, and technologically advanced models. Market players are expected to invest in R&D to introduce innovative features and improve product performance. Strategic partnerships and collaborations will play a crucial role in expanding market reach and strengthening competitive positions. The market is poised for further consolidation and expansion, presenting significant opportunities for growth.
Europe Hand Dryers Market Segmentation
-
1. Type
- 1.1. Hot Hand Dryers
- 1.2. Jet Hand Dryers
-
2. End User
- 2.1. Hotels
- 2.2. Commercial Complexes
- 2.3. Office Buildings
- 2.4. Others (
-
3. Distribution Channel
- 3.1. Online
- 3.2. Offline
Europe Hand Dryers Market Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark

Europe Hand Dryers Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 5.00% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Number of Family and Office Space; Increase in Expenditure on Home appliances
- 3.3. Market Restrains
- 3.3.1. Rise in price of electric equipments post covid; Increase in global trade restrictions with geopolitical tensions affecting supply chain
- 3.4. Market Trends
- 3.4.1. Hospitals and Clinics Segment is the Fastest Growing Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Hand Dryers Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Hot Hand Dryers
- 5.1.2. Jet Hand Dryers
- 5.2. Market Analysis, Insights and Forecast - by End User
- 5.2.1. Hotels
- 5.2.2. Commercial Complexes
- 5.2.3. Office Buildings
- 5.2.4. Others (
- 5.3. Market Analysis, Insights and Forecast - by Distribution Channel
- 5.3.1. Online
- 5.3.2. Offline
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Germany Europe Hand Dryers Market Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Hand Dryers Market Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Hand Dryers Market Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Hand Dryers Market Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Hand Dryers Market Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Hand Dryers Market Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Hand Dryers Market Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Saniflow Hand Dryer Corporation
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Veltia Hand Dryers
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 Dyson
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 Excel Dryer Inc
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Palmer Fixture Company
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 Bobrick Washroom Equipment
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 Stiebel Eltron
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 World Dryer Corporation
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Mediclinics
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 JVD SAS
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.11 Electrostar GmbH
- 13.2.11.1. Overview
- 13.2.11.2. Products
- 13.2.11.3. SWOT Analysis
- 13.2.11.4. Recent Developments
- 13.2.11.5. Financials (Based on Availability)
- 13.2.1 Saniflow Hand Dryer Corporation
List of Figures
- Figure 1: Europe Hand Dryers Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Hand Dryers Market Share (%) by Company 2024
List of Tables
- Table 1: Europe Hand Dryers Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Hand Dryers Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Europe Hand Dryers Market Revenue Million Forecast, by Type 2019 & 2032
- Table 4: Europe Hand Dryers Market Volume K Unit Forecast, by Type 2019 & 2032
- Table 5: Europe Hand Dryers Market Revenue Million Forecast, by End User 2019 & 2032
- Table 6: Europe Hand Dryers Market Volume K Unit Forecast, by End User 2019 & 2032
- Table 7: Europe Hand Dryers Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 8: Europe Hand Dryers Market Volume K Unit Forecast, by Distribution Channel 2019 & 2032
- Table 9: Europe Hand Dryers Market Revenue Million Forecast, by Region 2019 & 2032
- Table 10: Europe Hand Dryers Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 11: Europe Hand Dryers Market Revenue Million Forecast, by Country 2019 & 2032
- Table 12: Europe Hand Dryers Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 13: Germany Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Germany Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 15: France Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: France Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 17: Italy Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Italy Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 19: United Kingdom Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: United Kingdom Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: Netherlands Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Netherlands Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: Sweden Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Sweden Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 25: Rest of Europe Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Rest of Europe Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 27: Europe Hand Dryers Market Revenue Million Forecast, by Type 2019 & 2032
- Table 28: Europe Hand Dryers Market Volume K Unit Forecast, by Type 2019 & 2032
- Table 29: Europe Hand Dryers Market Revenue Million Forecast, by End User 2019 & 2032
- Table 30: Europe Hand Dryers Market Volume K Unit Forecast, by End User 2019 & 2032
- Table 31: Europe Hand Dryers Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 32: Europe Hand Dryers Market Volume K Unit Forecast, by Distribution Channel 2019 & 2032
- Table 33: Europe Hand Dryers Market Revenue Million Forecast, by Country 2019 & 2032
- Table 34: Europe Hand Dryers Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 35: United Kingdom Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: United Kingdom Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 37: Germany Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Germany Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 39: France Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: France Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 41: Italy Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Italy Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 43: Spain Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Spain Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 45: Netherlands Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Netherlands Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 47: Belgium Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Belgium Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 49: Sweden Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: Sweden Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 51: Norway Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Norway Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 53: Poland Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Poland Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 55: Denmark Europe Hand Dryers Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 56: Denmark Europe Hand Dryers Market Volume (K Unit) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Hand Dryers Market?
The projected CAGR is approximately > 5.00%.
2. Which companies are prominent players in the Europe Hand Dryers Market?
Key companies in the market include Saniflow Hand Dryer Corporation, Veltia Hand Dryers, Dyson, Excel Dryer Inc, Palmer Fixture Company, Bobrick Washroom Equipment, Stiebel Eltron, World Dryer Corporation, Mediclinics, JVD SAS, Electrostar GmbH.
3. What are the main segments of the Europe Hand Dryers Market?
The market segments include Type, End User, Distribution Channel.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Rising Number of Family and Office Space; Increase in Expenditure on Home appliances.
6. What are the notable trends driving market growth?
Hospitals and Clinics Segment is the Fastest Growing Market.
7. Are there any restraints impacting market growth?
Rise in price of electric equipments post covid; Increase in global trade restrictions with geopolitical tensions affecting supply chain.
8. Can you provide examples of recent developments in the market?
In March 2024, Dyson is unveiling its latest hair dryer technology with the Supersonic Nural model launched in Seoul. Although the launch in Seoul is global, Nural will be gradually rolled out in select markets worldwide.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Hand Dryers Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Hand Dryers Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Hand Dryers Market?
To stay informed about further developments, trends, and reports in the Europe Hand Dryers Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence