Dehumidifier Market Size, Share Report 2023-2028 | Industry Trends, Growth Outlook and Opportunity Analysis
The latest report published by IMARC Group, titled “Dehumidifier Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Market Overview:
The global dehumidifier market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.
A dehumidifier represents an electrical
appliance that removes moisture from the air by condensing it into liquid
water. It minimizes humidity levels while preventing the growth of allergens,
such as dust mites, mold, mildew, etc. A dehumidifier keeps bread and cereal
fresh without getting stale for a long time. It protects computer equipment,
electronics, tools, etc., from corrosion and assists in reducing energy costs
by enabling the air conditioner (AC) to run more efficiently. Consequently, a
dehumidifier finds extensive applications in various industries, including
electronics and semiconductors, agriculture, pharmaceutical, food and beverage
(F&B), etc.
Market Trends:
The inflating levels of industrialization and the escalating demand for energy-efficient products are primarily driving the dehumidifier market. In addition to this, the growing need for maintaining humidity levels in real-estate hardware stores and quickly drying plasters as well as slabs is catalyzing the market growth. Moreover, the increasing utilization of advanced portable dehumidifiers with automatic temperature and humidity sensing capabilities is acting as another significant growth-inducing factor.
Besides this, the development of cold storage,
warehousing, and pharmaceutical manufacturing units and the implementation of
several stringent regulations by government bodies across the countries are
also positively influencing the global market. Furthermore, the rising
investments in R&D activities to enhance the overall product quality are
anticipated to fuel the dehumidifier market over the forecasted period.
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Global Dehumidifier Market 2023-2028
Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market
has been studied in the report with the detailed profiles of the key players
operating in the market.
AB Electrolux, Condair Group AG, Danby,
DeLonghi Appliances S.r.l, General Filters Inc., Hitachi Ltd., Honeywell
International Inc., Midea Group, Panasonic Corporation, Research Products
Corporation, TCL Technology and Therma-Stor LLC.
The report has segmented the market on the basis of product, technology, distribution channel, end use and region.
Breakup by Product:
• Chemical
Absorbent Dehumidifier
• Heat
Pump Dehumidifier
• Ventilating
Dehumidifier
Breakup by Technology:
• Cold
Condensation
• Sorption
• Warm
Condensation
• Others
Breakup by Distribution Channel:
• Offline
• Online
Breakup by End Use:
• Residential
• Commercial
• Industrial
Breakup by Region:
• North
America: (United States, Canada)
• Asia
Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe:
(Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin
America: (Brazil, Mexico, Others)
• Middle
East and Africa
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Key highlights of the report:
• Market
Performance (2017-2022)
• Market
Outlook (2023-2028)
• Porter’s
Five Forces Analysis
• Market
Drivers and Success Factors
• SWOT
Analysis
• Value
Chain
• Comprehensive
Mapping of the Competitive Landscape
If you need specific information that is
not currently within the scope of the report, we can provide it to you as a
part of the customization.
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