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Dehumidifier Market Size, Overview, Top Industry Players, Growth, Share and Forecast 2031 | Munters, Airwatergreen AB, Therma-Stor LLC

Dehumidifier Market Size, Overview, Top Industry Players, Growth, Share and Forecast 2031 | Munters, Airwatergreen AB, Therma-Stor LLC

 

 
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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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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https://www.barchart.com/story/news/14800759/document-storage-software-market-size-growth-statistics-share-key-players-and-forecast-2031
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