The “Dehumidifier Market” 2023-2031 Research Report affords qualitative and quantitative insights into the principal drivers, constraints, opportunities, and challenges influencing world markets growth. The find out about offers complete statistical market records on the leading players, as nicely as income predictions. This market lookup additionally presents statistics on the income boom of numerous regional and country-level markets, as properly as the opposition panorama and unique organization analyses for the projected period. The Dehumidifier Market Report covers potential improvement drivers as properly as the modern-day kingdom of market share, penetration of a number of kinds, technologies, applications, and areas thru 2031.
The global dehumidifier market size was US$ 3.9 billion in 2021. The global dehumidifier market is forecast to grow to US$ 7.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 7.0% during the forecast period from 2022 to 2030.
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Factors Influencing the Market
Dehumidifiers are highly used in households to control the moisture content in the ambient air and prevent bacteria growth. Thus, these uses of dehumidifiers will contribute to the growth of the market. In addition, the applications of these devices in the industrial environments to control the quality of the production will surge the growth of the market.
Growing initiatives by government bodies to boost industrialization will benefit the global dehumidifier market.
The increasing number of innovative launches will contribute to the growth of the global dehumidifier market. For instance, in June 2019, Honeywell International, Inc. unveiled a new line of dehumidifiers.
The devices are not only user-friendly but also integrate various safety features, such as low maintenance usability. Such advancements are likely to upsurge the demand for dehumidifiers during the analysis period.
The growing establishment of warehousing units and the increasing demand for cold chain logistics to fulfill the demand for food, medicines, and other perishable products will upsurge the demand for dehumidifiers.
COVID-19 Impact Analysis
The global dehumidifier market has witnessed various obstacles due to the pandemic. It reduced industrial and commercial activities. In addition, the previously growing demand for smart infrastructure suddenly took a downturn. Thus, it hampered the growth of the global dehumidifier market. Furthermore, the manufacturers of dehumidifiers observed various challenges primarily due to the shortage of raw materials and bans on international trade. Thus, all of these factors negatively affected the dehumidifier market.
Regional Analysis
North America is forecast to hold the largest share in the global dehumidifier market. It is due to the growing construction of warehouses, increasing residential establishments, and commercial buildings. In addition, rising awareness among individuals to establish a healthier ambient environment will contribute to the growth of the dehumidifier market.
The Asia-Pacific dehumidifier market is forecast to grow at the highest growth rate due to growing industrialization in emerging economies like China, India, and Japan. Furthermore, increasing disposable income and rising demand for a healthier ambient environment will benefit the regional dehumidifier market.
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The rising population and increasing demand for warehousing units and cold chain logistics, in order to fulfill the food and medicines demands of the citizens, will benefit the regional dehumidifier market.
Competitors in the Market
Munters
Airwatergreen AB
Therma-Stor LLC
De’Longhi Appliances S.r.l
Frigidaire
Honeywell International, Inc.
GE Appliances, a Haier company
General Filters, Inc.
Other Prominent Players
Market Segmentation
The global dehumidifier market segmentation focuses on Product, Technology, Application, and Region.
Product Outlook
Chemical Absorbent
Heat Pump
Ventilating Dehumidifier
Technology Outlook
Cold Condensation
Sorption
Warm Condensation
Others
Application Outlook
Industrial
Commercial
Residential
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Regional Outlook
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
What are the key findings of the report?
?This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
?The report offers the current state of the market and future prospects for various geographical regions.
?This report provides both qualitative and quantitative information about the competitive landscape of the market.
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