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Humidifiers Market By Type, By Installation Type , By End user: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 220 Pages
  • September 2023
  • Region: Global
  • Allied Market Research
  • ID: 5916112
The global humidifiers market was valued at $2,989.5 million in 2022, and is projected to reach $5,626.6 million by 2032, registering a CAGR of 6.6% from 2023 to 2032.

Humidifier is an appliance that increases the humidity (moisture) level of a room or an entire building. Generally, for the humidification of a single room residential humidifiers are used, while to provide humidity to the entire house, the furnace or whole-house humidifiers are connected to HVAC system of a home. Moreover, humidifiers are available for commercial, industrial, or institutional buildings. They help reduce symptoms of chronic obstructive pulmonary disease (COPD). A humidifier, on the other hand, adds moisture to the air, preventing dryness that can lead to cracked lips, irritation of the vocal nerves, dry coughing, and dry skin. Low humidity makes dwellings uncomfortable throughout the winter and in the summer when air conditioners are utilized. For instance, in a Medical News Today article from February 2023, advice on how to prevent or lessen eye strain included the use of eye drops, spectacles, and a humidifier to combat dry eye syndrome. These health-related factors are anticipated to drive the humidifier market during the forecast period.

The current generation is more focused on a healthy home environment. People have faced more health problems such as dry noses, bloody noses, and sinus problems due to season change. Rise in health awareness among consumers drives the growth of the global humidifier market. In addition, rise in disposable income of people in the developing and developed countries and increase in standard lifestyle trend are anticipated to drive the growth of the global humidifier market. The rapid growth in the commercial and residential construction sector has fueled the demand for humidifiers, which in turn drives the growth of the global humidifier market. For instance, according to the World Bank, there were 794,432 Built-Up Areas (BUAs) globally in 2016, which it had estimated to reach 849,407 by 2022. Such factors are expected to create demand and drive the humidifier market growth. In addition, there has been a rise in construction of residential and commercial buildings such as shopping malls, hospitals, schools, and others all across the globe.

Moreover, in some European countries, government regulations are very strict regarding the maintenance of humidity. In such countries, it is mandatory to maintain oxygen, humidity, and light for the manufacturing, packaging, filling process, warehouse, and other commercial and industrial sectors, which is also responsible to drive the growth of the global humidifier market. However, the growth of the global humidifier market is affected by the high maintenance of the humidifiers. If the internal parts of the humidifiers are not regularly cleaned, various airborne diseases can occur. The white dust that remains after evaporation of water is responsible for breathing problems, which also impacts the growth of the global humidifier market. Industries are aware of the static electricity issue due to less humidity which is expected to act as an opportunity for the growth of the global humidifier market.

The humidifier market is anticipated to grow at a significant rate owing to the development of innovative technologies such humidity level controllers and automated shutdown by key companies as well as the notion of remote controlling systems via smartphones during the forecast period. Key market competitors have concentrated on new product launches as a strategy for business expansion. For instance, Xiaomi introduced a Smart Humidifier 2 in August 2022 with UV-C sterilization and purification for improved comfort. These trends should provide lots of opportunities for the humidifier industry to continue to grow during the anticipated timeframe.

The humidifier market is segmented on the basis of humidifier type, installation type, end user, and region. On the basis of humidifier type, the market is segmented into vaporizer humidifierss, ultrasonic humidifiers, and Wick/Evaporative humidifierss. On the basis of installation type, the market is further bifurcated into fixed humidifiers and portable humidifiers. On the basis of end user, the market is divided into residential, and commercial/industrial. On the basis of region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, Italy, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), LAMEA (Latin America, Middle East, Africa).

Competition Analysis

Some of the major players in the global humidifier market analyzed in this report are Armstrong International, Inc., Condair Group, Honeywell International Inc., Koninklijke Philips N.V., Levoit, Mitsubishi Heavy Industries, LTD., Munters AB, Skuttle Indoor Air Quality Products, Spirax Sarco Limited., and UCAN Co., Ltd.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the humidifiers market analysis from 2022 to 2032 to identify the prevailing humidifiers market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the humidifiers market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global humidifiers market trends, key players, market segments, application areas, and market growth strategies.

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  • Per Capita Consumption Trends
  • Product Consumption Analysis
  • Reimbursement Scenario
  • SWOT Analysis
  • Volume Market Size and Forecast

Key Market Segments

By End user

  • Residential
  • Commercial/Industrial

By Type

  • Vaporizer Humidifiers
  • Ultrasonic Humidifiers
  • Wick/Evaporative Humidifiers

By Installation Type

  • Fixed Humidifiers
  • Portable Humidifiers

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa
  • Key Market Players
  • Honeywell International Inc.
  • Koninklijke Philips N.V.
  • Condair Group
  • UCAN Co., Ltd.
  • Munters Group AB
  • Armstrong International
  • Mitsubishi Heavy Industries, Ltd.
  • Spirax Sarco Limited
  • Levoit
  • Skuttle Indoor Air Quality Products

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.3. Porter’s five forces analysis
3.4. Market dynamics
CHAPTER 4: HUMIDIFIERS MARKET, BY TYPE
4.1. Overview
4.2. Vaporizer Humidifiers
4.3. Ultrasonic Humidifiers
4.4. Wick/Evaporative Humidifiers
CHAPTER 5: HUMIDIFIERS MARKET, BY INSTALLATION TYPE
5.1. Overview
5.2. Fixed Humidifiers
5.3. Portable Humidifiers
CHAPTER 6: HUMIDIFIERS MARKET, BY END USER
6.1. Overview
6.2. Residential
6.3. Commercial/Industrial
CHAPTER 7: HUMIDIFIERS MARKET, BY REGION
7.1. Overview
7.2. North America
7.2.3. Market size and forecast, by Installation Type
7.2.5.1.2. Market size and forecast, by Installation Type
7.2.5.2.2. Market size and forecast, by Installation Type
7.2.5.3.2. Market size and forecast, by Installation Type
7.3. Europe
7.3.3. Market size and forecast, by Installation Type
7.3.5.1.2. Market size and forecast, by Installation Type
7.3.5.2.2. Market size and forecast, by Installation Type
7.3.5.3.2. Market size and forecast, by Installation Type
7.3.5.4.2. Market size and forecast, by Installation Type
7.3.5.5.2. Market size and forecast, by Installation Type
7.4. Asia-Pacific
7.4.3. Market size and forecast, by Installation Type
7.4.5.1.2. Market size and forecast, by Installation Type
7.4.5.2.2. Market size and forecast, by Installation Type
7.4.5.3.2. Market size and forecast, by Installation Type
7.4.5.4.2. Market size and forecast, by Installation Type
7.4.5.5.2. Market size and forecast, by Installation Type
7.5. LAMEA
7.5.3. Market size and forecast, by Installation Type
7.5.5.1.2. Market size and forecast, by Installation Type
7.5.5.2.2. Market size and forecast, by Installation Type
7.5.5.3.2. Market size and forecast, by Installation Type
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
9.1. Armstrong International
9.2. Condair Group
9.3. Honeywell International Inc.
9.4. Koninklijke Philips N.V.
9.5. Mitsubishi Heavy Industries, Ltd.
9.6. Munters Group AB
9.7. Skuttle Indoor Air Quality Products
9.8. UCAN Co., Ltd.
9.9. Spirax Sarco Limited
9.10. Levoit
List of Tables
Table 01. Global Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 02. Humidifiers Market for Vaporizer Humidifiers, by Region, 2022-2032 ($ Million)
Table 03. Humidifiers Market for Ultrasonic Humidifiers, by Region, 2022-2032 ($ Million)
Table 04. Humidifiers Market for Wick/Evaporative Humidifiers, by Region, 2022-2032 ($ Million)
Table 05. Global Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 06. Humidifiers Market for Fixed Humidifiers, by Region, 2022-2032 ($ Million)
Table 07. Humidifiers Market for Portable Humidifiers, by Region, 2022-2032 ($ Million)
Table 08. Global Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 09. Humidifiers Market for Residential, by Region, 2022-2032 ($ Million)
Table 10. Humidifiers Market for Commercial/Industrial, by Region, 2022-2032 ($ Million)
Table 11. Humidifiers Market, by Region, 2022-2032 ($ Million)
Table 12. North America Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 13. North America Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 14. North America Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 15. North America Humidifiers Market, by Country, 2022-2032 ($ Million)
Table 16. U.S. Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 17. U.S. Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 18. U.S. Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 19. Canada Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 20. Canada Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 21. Canada Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 22. Mexico Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 23. Mexico Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 24. Mexico Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 25. Europe Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 26. Europe Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 27. Europe Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 28. Europe Humidifiers Market, by Country, 2022-2032 ($ Million)
Table 29. Germany Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 30. Germany Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 31. Germany Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 32. UK Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 33. UK Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 34. UK Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 35. France Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 36. France Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 37. France Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 38. Italy Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 39. Italy Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 40. Italy Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 41. Rest of Europe Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 42. Rest of Europe Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 43. Rest of Europe Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 44. Asia-Pacific Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 45. Asia-Pacific Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 46. Asia-Pacific Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 47. Asia-Pacific Humidifiers Market, by Country, 2022-2032 ($ Million)
Table 48. China Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 49. China Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 50. China Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 51. Japan Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 52. Japan Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 53. Japan Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 54. India Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 55. India Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 56. India Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 57. South Korea Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 58. South Korea Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 59. South Korea Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 60. Rest of Asia-Pacific Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 61. Rest of Asia-Pacific Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 62. Rest of Asia-Pacific Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 63. LAMEA Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 64. LAMEA Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 65. LAMEA Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 66. LAMEA Humidifiers Market, by Country, 2022-2032 ($ Million)
Table 67. Latin America Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 68. Latin America Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 69. Latin America Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 70. Middle East Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 71. Middle East Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 72. Middle East Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 73. Africa Humidifiers Market, by Type, 2022-2032 ($ Million)
Table 74. Africa Humidifiers Market, by Installation Type , 2022-2032 ($ Million)
Table 75. Africa Humidifiers Market, by End-user, 2022-2032 ($ Million)
Table 76. Armstrong International: Key Executives
Table 77. Armstrong International: Company Snapshot
Table 78. Armstrong International: Service Segments
Table 79. Armstrong International: Product Portfolio
Table 80. Condair Group: Key Executives
Table 81. Condair Group: Company Snapshot
Table 82. Condair Group: Product Segments
Table 83. Condair Group: Service Segments
Table 84. Condair Group: Product Portfolio
Table 85. Condair Group: Key Stratergies
Table 86. Honeywell International Inc.: Key Executives
Table 87. Honeywell International Inc.: Company Snapshot
Table 88. Honeywell International Inc.: Product Segments
Table 89. Honeywell International Inc.: Product Portfolio
Table 90. Honeywell International Inc.: Key Stratergies
Table 91. Koninklijke Philips N.V.: Key Executives
Table 92. Koninklijke Philips N.V.: Company Snapshot
Table 93. Koninklijke Philips N.V.: Service Segments
Table 94. Koninklijke Philips N.V.: Product Portfolio
Table 95. Mitsubishi Heavy Industries, Ltd.: Key Executives
Table 96. Mitsubishi Heavy Industries, Ltd.: Company Snapshot
Table 97. Mitsubishi Heavy Industries, Ltd.: Product Segments
Table 98. Mitsubishi Heavy Industries, Ltd.: Product Portfolio
Table 99. Mitsubishi Heavy Industries, Ltd.: Key Stratergies
Table 100. Munters Group Ab: Key Executives
Table 101. Munters Group Ab: Company Snapshot
Table 102. Munters Group Ab: Product Segments
Table 103. Munters Group Ab: Product Portfolio
Table 104. Munters Group Ab: Key Stratergies
Table 105. Skuttle Indoor Air Quality Products: Key Executives
Table 106. Skuttle Indoor Air Quality Products: Company Snapshot
Table 107. Skuttle Indoor Air Quality Products: Service Segments
Table 108. Skuttle Indoor Air Quality Products: Product Portfolio
Table 109. Ucan Co. Ltd.: Key Executives
Table 110. Ucan Co. Ltd.: Company Snapshot
Table 111. Ucan Co. Ltd.: Product Segments
Table 112. Ucan Co. Ltd.: Product Portfolio
Table 113. Spirax Sarco Limited: Key Executives
Table 114. Spirax Sarco Limited: Company Snapshot
Table 115. Spirax Sarco Limited: Product Segments
Table 116. Spirax Sarco Limited: Product Portfolio
Table 117. Levoit: Key Executives
Table 118. Levoit: Company Snapshot
Table 119. Levoit: Product Segments
Table 120. Levoit: Product Portfolio
Table 121. Levoit: Key Stratergies
List of Figures
Figure 01. Humidifiers Market, 2022-2032
Figure 02. Segmentation of Humidifiers Market, 2022-2032
Figure 03. Top Impacting Factors in Humidifiers Market (2022 to 2032)
Figure 04. Top Investment Pockets in Humidifiers Market (2023-2032)
Figure 05. Low Bargaining Power of Suppliers
Figure 06. Low Threat of New Entrants
Figure 07. Low Threat of Substitutes
Figure 08. Low Intensity of Rivalry
Figure 09. Low Bargaining Power of Buyers
Figure 10. Global Humidifiers Market: Drivers, Restraints and Opportunities
Figure 11. Humidifiers Market, by Type, 2022 and 2032 (%)
Figure 12. Comparative Share Analysis of Humidifiers Market for Vaporizer Humidifiers, by Country 2022 and 2032 (%)
Figure 13. Comparative Share Analysis of Humidifiers Market for Ultrasonic Humidifiers, by Country 2022 and 2032 (%)
Figure 14. Comparative Share Analysis of Humidifiers Market for Wick/Evaporative Humidifiers, by Country 2022 and 2032 (%)
Figure 15. Humidifiers Market, by Installation Type , 2022 and 2032 (%)
Figure 16. Comparative Share Analysis of Humidifiers Market for Fixed Humidifiers, by Country 2022 and 2032 (%)
Figure 17. Comparative Share Analysis of Humidifiers Market for Portable Humidifiers, by Country 2022 and 2032 (%)
Figure 18. Humidifiers Market, by End-user, 2022 and 2032 (%)
Figure 19. Comparative Share Analysis of Humidifiers Market for Residential, by Country 2022 and 2032 (%)
Figure 20. Comparative Share Analysis of Humidifiers Market for Commercial/Industrial, by Country 2022 and 2032 (%)
Figure 21. Humidifiers Market by Region, 2022 and 2032 (%)
Figure 22. U.S. Humidifiers Market, 2022-2032 ($ Million)
Figure 23. Canada Humidifiers Market, 2022-2032 ($ Million)
Figure 24. Mexico Humidifiers Market, 2022-2032 ($ Million)
Figure 25. Germany Humidifiers Market, 2022-2032 ($ Million)
Figure 26. UK Humidifiers Market, 2022-2032 ($ Million)
Figure 27. France Humidifiers Market, 2022-2032 ($ Million)
Figure 28. Italy Humidifiers Market, 2022-2032 ($ Million)
Figure 29. Rest of Europe Humidifiers Market, 2022-2032 ($ Million)
Figure 30. China Humidifiers Market, 2022-2032 ($ Million)
Figure 31. Japan Humidifiers Market, 2022-2032 ($ Million)
Figure 32. India Humidifiers Market, 2022-2032 ($ Million)
Figure 33. South Korea Humidifiers Market, 2022-2032 ($ Million)
Figure 34. Rest of Asia-Pacific Humidifiers Market, 2022-2032 ($ Million)
Figure 35. Latin America Humidifiers Market, 2022-2032 ($ Million)
Figure 36. Middle East Humidifiers Market, 2022-2032 ($ Million)
Figure 37. Africa Humidifiers Market, 2022-2032 ($ Million)
Figure 38. Top Winning Strategies, by Year (2021-2023)
Figure 39. Top Winning Strategies, by Development (2021-2023)
Figure 40. Top Winning Strategies, by Company (2021-2023)
Figure 41. Product Mapping of Top 10 Players
Figure 42. Competitive Dashboard
Figure 43. Competitive Heatmap: Humidifiers Market
Figure 44. Top Player Positioning, 2022
Figure 45. Honeywell International Inc.: Net Revenue, 2020-2022 ($ Million)
Figure 46. Honeywell International Inc.: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 47. Honeywell International Inc.: Revenue Share by Segment, 2022 (%)
Figure 48. Honeywell International Inc.: Revenue Share by Region, 2022 (%)
Figure 49. Koninklijke Philips N.V.: Net Sales, 2020-2022 ($ Million)
Figure 50. Koninklijke Philips N.V.: Revenue Share by Segment, 2022 (%)
Figure 51. Koninklijke Philips N.V.: Revenue Share by Region, 2022 (%)
Figure 52. Mitsubishi Heavy Industries, Ltd.: Net Revenue, 2019-2021 ($ Million)
Figure 53. Mitsubishi Heavy Industries, Ltd.: Research & Development Expenditure, 2019-2021
Figure 54. Mitsubishi Heavy Industries, Ltd.: Revenue Share by Segment, 2021 (%)
Figure 55. Mitsubishi Heavy Industries, Ltd.: Revenue Share by Region, 2021 (%)
Figure 56. Munters Group Ab: Net Sales, 2020-2022 ($ Million)
Figure 57. Munters Group Ab: Gross Profit, 2020-2022 ($ Million)
Figure 58. Munters Group Ab: Revenue Share by Segment, 2022 (%)
Figure 59. Spirax Sarco Limited: Net Revenue, 2020-2022 ($ Million)
Figure 60. Spirax Sarco Limited: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 61. Spirax Sarco Limited: Revenue Share by Segment, 2022 (%)
Figure 62. Spirax Sarco Limited: Revenue Share by Region, 2022 (%)

Executive Summary

According to the report, the humidifiers market was valued at $3 billion in 2022, and is estimated to reach $5.6 billion by 2032, growing at a CAGR of 6.6% from 2023 to 2032.

A humidifier is an air conditioning appliance that is used to increase moisture levels within a single room, and commercial building. Residential humidifiers are commonly used to humidify a single room, while whole-house humidifiers, which connect to HVAC (heat ventilation and air conditioning) system of a home, provide humidity to the entire house. Humidifiers are also used in commercial, institutional, or industrial buildings.

The use of humidifiers in industrial sectors like healthcare, pharmaceuticals, and automotive is anticipated to increase as industrialization and concerns about a healthy workplace increase. Additionally, there has been an increase in residential and commercial building construction around the world, including those for malls, hospitals, schools, and other facilities. For instance, as of January 2023, the renowned building developer"Triple Five Group" intended to build Florida's American Dream Mall close to Everglades National Park. Additionally, the United Nations projects that by 2050, there will be 9.7 billion people on the planet, an increase of 1.7 billion from 2023.These elements are anticipated to increase demand and propel the humidifier market's expansion.

The demand for humidifiers is being driven by people's growing health consciousness. By introducing moisture to the air, humidifiers prevent dryness from affecting the skin, nose, throat, voice cords, dry cough, and cracked lips. Low humidity also makes homes uncomfortable throughout the winter and in the summer, when air conditioners are needed. For instance, in a Medical News Today story from February 2023, advice on how to prevent or lessen eye strain included the use of eye drops, spectacles, and a humidifier to combat dry eye syndrome. Therefore, during the forecast period, these health-related factors are anticipated to drive the humidifier market.

Fixed humidifier demand is consistently high due to the expansion of sectors including healthcare, pharmaceuticals, and electronics manufacturing, where humidity management is essential for quality assurance. Furthermore, because to advancements in technology and the Internet of Things (IoT), fixed humidifiers are now connected with larger HVAC and automation systems and a component of smart building systems. This makes remote monitoring, control, and proactive maintenance possible. For instance, in May 2023, the Humidity Solutions Company launched the new Vapac Electrode Boiler with the technology to minimize water and energy wastage for fixed humidifier. The Vacpac has the capacity of variable steam output from 8% up to 100%. The desire for ease of use and effectiveness in managing indoor environments is met by these aspects. These elements are anticipated to fuel market expansion.

Moreover, humidifiers need routine maintenance because mold growth is common on their interior parts, including the fans, filters, and other items, which contributes to the spread of airborne infections. If they are not properly maintained or cleaned, humidifiers can cause sickness in the home and pose a health risk. The problems can be addressed by routinely changing or cleaning the humidifier's filters and tanks, although the doctor might advise stopping the humidifier if you have an unexplainable respiratory illness. As a result, it is anticipated that the market will be impacted over the projected period due to the growth of mold and other germs.

During the forecast period, the humidifier market is anticipated to grow at a significant rate and experience lots of growth opportunities owing to the development of cutting-edge technologies such humidity level controllers and automated shutdown by key companies as well as the notion of remote controlling systems via smartphones. Key market competitors are also concentrating on product releases as a strategy for business expansion. For instance, Xiaomi introduced a Smart Humidifier 2 in August 2022 with UV-C sterilization and purification for improved comfort. The humidifier has a 4.5 L tank and can produce 350 ml of mist every hour. The humidifier offers one-touch control technology, smart humidity control, and it can be operated remotely via the Mi Home app.

In March 2023, Levoit Company launched first-ever smart tower humidifier Levoit OasisMist 1000S Humidifier. The product offers 60 % higher mist and covers around 600 sq feet of open space.

In August 2022, Levoit launched the OasisMist Smart Humidifier, a new dual mist humidifier to promote wellness and beauty benefits. The humidifier offers voice assistance, auto mode, and quiet mode, and has a 4.5 L storage capacity with 45 hours of mist.

In December 2021, Honeywell International Inc. announced the launch of the new range of Honeywell Branded Air Purifiers. The new purifier collection is divided into three categories: Value Series, Platinum Series, and Ultimate Series, with features such as UV LED, Ioniser, and Humidifier.

In March 2021, Condair Group launched a brand new in-duct evaporative cooler and humidifier. The humidifiers have the capacity to supply mist of 360 kg/h humidity with 245kW adiabatic cooling and air handling unit.

Key Market Insights

By type, the vaporizer humidifiers segment was the highest revenue contributor to the market and is estimated to reach $2.24 billion by 2032, with a CAGR of 12.2%.

By installation type, the fixed humidifiers segment dominated the global humidifiers market. However, the portable humidifiers segment is expected to be the fastest-growing segment with a CAGR of 6.9% during the forecast period.

Based on end user, the commercial/industrial segment was the highest revenue contributor to the market, which is expected to grow at a CAGR of 6.5% during the forecast period.

Based on region, the Asia-Pacific was the highest revenue contributor to the market, and LAMEA is expected to grow at a CAGR of 8% during the forecast period.

Companies Mentioned

  • Honeywell International Inc.
  • Koninklijke Philips N.V.
  • Condair Group
  • UCAN Co., Ltd.
  • Munters Group AB
  • Armstrong International
  • Mitsubishi Heavy Industries, Ltd.
  • Spirax Sarco Limited
  • Levoit
  • Skuttle Indoor Air Quality Products

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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