The global dehumidifier market was valued at $2,504.9 million in 2022, and is projected to reach $4,737.6 million by 2032, registering a CAGR of 6.6% from 2023 to 2032.
A dehumidifier is a household appliance, designed to reduce & control the humidity levels in indoor spaces. The primary function of dehumidifier is to remove excess moisture or humidity from the air. The characteristics of dehumidifiers help to maintain a comfortable & healthy environment. It operates using various technologies such as refrigeration or desiccant-based systems to condense or absorb water vapor, with the collected water typically stored in a removable tank or drained directly. Moreover, these devices are commonly used in areas where high humidity which lead to issues such as mold, mildew, musty odors, and moisture damage to property. Dehumidifiers play a crucial role in improving indoor air quality, preventing allergen proliferation, and enhancing overall comfort by eliminating the discomfort associated with excessive humidity.
The dehumidifier market is analyzed on the basis of product, application, distribution channel, and region. On the basis of product, it is categorized into portable and fixed. By application, it is divided into residential, commercial, and industrial. As per distribution channel, it is bifurcated into online and offline. Depending on region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe(the UK, Germany, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific, (China, Japan, India, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, United Arab Emirates, South Africa, Saudi Arabia, and rest of LAMEA).
The impact of the COVID-19 outbreak was moderately high on the growth of the dehumidifier market. Travel restrictions and lockdown ceased the activities carried out in the consumer electronics industry. Conversely, recovery of the dehumidifier market is expected in the near future.
The demand for dehumidifiers has increased globally owing to increase in awareness and concern about indoor air quality. Numerous health issues are a result of the rise in indoor air pollution. Among these issues include respiratory conditions and allergies. Moreover, high relative humidity has facilitated the development of mold and mildew which has increased pre-existing problems. As it leads to improvement in indoor air quality. Dehumidifiers have become more popular in recent years, as it is helpful to solve issues caused by high humidity such as mold growth and allergy dispersion. Furthermore, it helps people with respiratory conditions and enhances the quality of indoor air for breathing. The adoption of dehumidifiers has surged as energy conservation, comfort, and a better living environment become more and more important.
The alterations in the environment which have taken place frequently, have led to a rise in the frequency of extreme weather events such as flooding and heavy rain. Dehumidifiers are in high demand due to the weather events that have increased the humidity levels in homes and other structures. Moreover, humidity has been experienced frequently and for last longer in some parts of the world as a result of rise in global temperatures. Due to these characteristics, dehumidifiers are becoming a very useful tool for protecting furniture from moisture-related damage and maintaining comfort. The high frequency of occurrence of these accidents has increased the necessity for dehumidifiers.
The advancement in technology has led to a growth in the market for dehumidifiers that are both intelligent and energy-efficient. These units are energy-efficiently tuned which are integrated into smart home systems and are remotely controlled using smartphone apps. Additional elements fueling the dehumidifier market's demand are effectiveness and convenience. Furthermore, as people and businesses grow more aware of their energy consumption, energy-efficient dehumidifiers are in great demand since they can reduce operating expenses and carbon footprints. Smart dehumidifiers enable effortless operation and immediate control over interior humidity levels through web interfaces and smartphone apps, due to their remote monitoring and control features. Moreover, these devices integrate seamlessly into more extensive smart home networks, enhancing the overall regulation of interior temperature.
Dehumidifiers are expensive to buy, especially if consumers are looking for high-capacity or specialty models. It is available in a variety of sizes & capacities and fluctuates in price significantly. Moreover, the initial cost of dehumidifiers deters many potential customers, especially those who are homeowners or small businesses with limited resources. Dehumidifiers that operate constantly consume more electricity, particularly in humid environments.
The major players analyzed for the dehumidifier industry include LG Electronics Inc., Honeywell International Inc., Haier company, De’Longhi Appliances S.r.l., Whirlpool Corporation, Munters Group, CondAir Group, Bry-Air Inc., Stulz GmbH, Danby Products Ltd.
A dehumidifier is a household appliance, designed to reduce & control the humidity levels in indoor spaces. The primary function of dehumidifier is to remove excess moisture or humidity from the air. The characteristics of dehumidifiers help to maintain a comfortable & healthy environment. It operates using various technologies such as refrigeration or desiccant-based systems to condense or absorb water vapor, with the collected water typically stored in a removable tank or drained directly. Moreover, these devices are commonly used in areas where high humidity which lead to issues such as mold, mildew, musty odors, and moisture damage to property. Dehumidifiers play a crucial role in improving indoor air quality, preventing allergen proliferation, and enhancing overall comfort by eliminating the discomfort associated with excessive humidity.
The dehumidifier market is analyzed on the basis of product, application, distribution channel, and region. On the basis of product, it is categorized into portable and fixed. By application, it is divided into residential, commercial, and industrial. As per distribution channel, it is bifurcated into online and offline. Depending on region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe(the UK, Germany, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific, (China, Japan, India, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, United Arab Emirates, South Africa, Saudi Arabia, and rest of LAMEA).
The impact of the COVID-19 outbreak was moderately high on the growth of the dehumidifier market. Travel restrictions and lockdown ceased the activities carried out in the consumer electronics industry. Conversely, recovery of the dehumidifier market is expected in the near future.
The demand for dehumidifiers has increased globally owing to increase in awareness and concern about indoor air quality. Numerous health issues are a result of the rise in indoor air pollution. Among these issues include respiratory conditions and allergies. Moreover, high relative humidity has facilitated the development of mold and mildew which has increased pre-existing problems. As it leads to improvement in indoor air quality. Dehumidifiers have become more popular in recent years, as it is helpful to solve issues caused by high humidity such as mold growth and allergy dispersion. Furthermore, it helps people with respiratory conditions and enhances the quality of indoor air for breathing. The adoption of dehumidifiers has surged as energy conservation, comfort, and a better living environment become more and more important.
The alterations in the environment which have taken place frequently, have led to a rise in the frequency of extreme weather events such as flooding and heavy rain. Dehumidifiers are in high demand due to the weather events that have increased the humidity levels in homes and other structures. Moreover, humidity has been experienced frequently and for last longer in some parts of the world as a result of rise in global temperatures. Due to these characteristics, dehumidifiers are becoming a very useful tool for protecting furniture from moisture-related damage and maintaining comfort. The high frequency of occurrence of these accidents has increased the necessity for dehumidifiers.
The advancement in technology has led to a growth in the market for dehumidifiers that are both intelligent and energy-efficient. These units are energy-efficiently tuned which are integrated into smart home systems and are remotely controlled using smartphone apps. Additional elements fueling the dehumidifier market's demand are effectiveness and convenience. Furthermore, as people and businesses grow more aware of their energy consumption, energy-efficient dehumidifiers are in great demand since they can reduce operating expenses and carbon footprints. Smart dehumidifiers enable effortless operation and immediate control over interior humidity levels through web interfaces and smartphone apps, due to their remote monitoring and control features. Moreover, these devices integrate seamlessly into more extensive smart home networks, enhancing the overall regulation of interior temperature.
Dehumidifiers are expensive to buy, especially if consumers are looking for high-capacity or specialty models. It is available in a variety of sizes & capacities and fluctuates in price significantly. Moreover, the initial cost of dehumidifiers deters many potential customers, especially those who are homeowners or small businesses with limited resources. Dehumidifiers that operate constantly consume more electricity, particularly in humid environments.
The major players analyzed for the dehumidifier industry include LG Electronics Inc., Honeywell International Inc., Haier company, De’Longhi Appliances S.r.l., Whirlpool Corporation, Munters Group, CondAir Group, Bry-Air Inc., Stulz GmbH, Danby Products Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dehumidifier market analysis from 2022 to 2032 to identify the prevailing dehumidifier 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 dehumidifier 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 dehumidifier market trends, key players, market segments, application areas, and market growth strategies.
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- Historic market data
Key Market Segments
By Application
- Residential
- Commercial
- Industrial
By Product
- Portable
- Fixed
By Distribution Channel
- Online
- Offline
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- UAE
- South Africa
- Saudi Arabia
- Rest of LAMEA
- Stulz GmbH
- Danby Products Limited
- Whirlpool Corporation
- Bry-Air (Asia) Pvt. Ltd.
- LG Electronics Inc.
- Honeywell International Inc.
- De'Longhi Appliances S.r.l.
- Condair Group AG
- Munters Group AB
- Haier Smart Home Co., Ltd.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: DEHUMIDIFIER MARKET, BY PRODUCT
CHAPTER 5: DEHUMIDIFIER MARKET, BY APPLICATION
CHAPTER 6: DEHUMIDIFIER MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: DEHUMIDIFIER MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Stulz GmbH
- Danby Products Limited
- Whirlpool Corporation
- Bry-Air (Asia) Pvt. Ltd.
- LG Electronics Inc.
- Honeywell International Inc.
- De'Longhi Appliances S.r.l.
- Condair Group AG
- Munters Group AB
- Haier Smart Home Co., Ltd.
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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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 288 |
| Published | December 2023 |
| Forecast Period | 2022 - 2032 |
| Estimated Market Value ( USD | $ 2504.9 million |
| Forecasted Market Value ( USD | $ 4737.6 million |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
