The Dehumidifiers Market Size was esteemed at USD 3.12 billion in 2023 and is supposed to arrive at USD 5.57 billion by 2031 and develop at a CAGR of 7.5% over the forecast period 2024-2031.
Dehumidifiers altogether forestall shape development, dust vermin, and other parasitic and bacterial development in families by eliminating abundance mugginess. This usefulness given by dehumidifiers decreases the gamble of sensitivities, accordingly supporting their high market interest. These gadgets likewise furnish a perfect and solid climate with excellent breathable air that keeps the occupants of the family sound.
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Expanding utilization of dehumidifiers in the food and refreshments and friendliness businesses are supposed to drive the dehumidifier market measurements. High moistness levels harm food things that are put away for a more drawn-out period in lodgings, eateries, and retail locations. Dehumidifiers keep food things from getting ruined by eliminating the abundance of dampness content in the air. Furthermore, dehumidifiers are likewise seeing popularity in the handling, bundling, and covering enterprises to guarantee the support of required stickiness levels. A few paper assembling and printing organizations have introduced dehumidifiers to accomplish productive printing and bundling of papers
A portion of the key elements hampering the dehumidifier market development incorporates significant expense and complex establishment of dehumidifiers. The expense of these gadgets is reliant upon the nature of the unrefined substances and parts utilized and the size of the gadget. Huge entire house dehumidifiers are costly while little compact gadgets are nearly modest. Modern dehumidifiers need the help of prepared experts for their establishment, fix and support, consequently adding to the significant expense of procurement and activity of these gadgets. The effect of these industry challenges is supposed to diminish with expanding R&D speculations from market players to decrease the underlying expense of the acquisition of these gadgets.
Market Dynamics
Driving Factors
Low air quality
Extra cash
Extravagance spending
Restraining Factors
Significant expenses of the item
Troubles ascending during the establishment interaction
Opportunities
The ascent in the interest from business and modern areas
Improved way of life
Challenges
The ordinary support prerequisite
Irregularity of the item
Impact of Covid-19
The coronavirus pandemic has closed down the creation of different items in the dehumidifiers business ascribed to the lockdown in nations around the world. This has hampered the development of the modern dehumidifiers market from the most recent couple of months and is probably going to go on during 2021. Coronavirus has previously impacted the deals of dehumidifiers in the main quarter of 2021 and is expected to cause an adverse consequence of available development consistently. The significant interest in the modern dehumidifiers market was recently seen from goliath-producing nations including the U.S., Germany, Italy, UK, and China, which are adversely impacted by the spread of the Covid, in this manner declining the interest for dehumidifiers.
Market Estimations
Product Type
Based on item type, the market is divided into compound permeable, heat siphon, and ventilating. Heat siphon is projected to be the predominant attributable to being widely used to work on private solace, to dry modern items, to shield building texture, and to put away merchandise or materials.
By Technology
Given innovation, the market is bifurcated into sorption and warm buildup. Sorption is expected to be the bigger portion as a full-scale sorption dehumidifier with a steam-dried recovery circuit can use squander energy by changing it over completely to a usable structure for its activity, which thus is evaluated to have a positive effect on building up momentum among shoppers.
By Application
By application, the market is bifurcated into family and business. The business is assessed to be the main market investor because of the enormous number of organizations seriously utilizing the dehumidifier to help safeguard and shield their food and drink items from getting ruined or harmed. Additionally, the enormous utilization of the item in spots like workplaces, lodgings, cafés, and others has helped the interest.
By Product Type
Chemical Absorbent
Heat Pump
Ventilating
By Technology
Sorption
Warm Condensation
By Application
Household
Commercial
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Regional Analysis
North America district is anticipated to proceed with a predominant situation among different locales around the world. This is owing to the required guideline by the government for creating energy-proficient frameworks around here. Asia-Pacific is supposed to develop during the estimated time of 2023-2030 because of the rising interest for minimized and support-free dehumidifiers around here.
Regional Analysis
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are Airwatergreen AB, De’Longhi Appliances S.r.l., Frigidaire, General Filters, Inc., Resideo Technologies, Inc., GE Appliances, LG Electronics, SEIBU GIKEN DST, Munters, Therma-Stor, Kerone Engineering Solutions LTD., Drycool System, Sunpentown Inc., Whirlpool, ADVANCE INTERNATIONAL, Origin Corporate Services Pvt. Ltd., Honeywell International Inc., AB Electrolux. & Other Players
Airwatergreen AB-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 3.12 Billion |
| Market Size by 2031 | US$ 5.57 Billion |
| CAGR | CAGR of 7.5% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Product Type (Chemical Absorbent, Heat Pump, Ventilating) • by Technology (Sorption, Warm Condensation) • by Application (Household, Commercial) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Airwatergreen AB, De’Longhi Appliances S.r.l., Frigidaire, General Filters, Inc., Resideo Technologies, Inc., GE Appliances, LG Electronics, SEIBU GIKEN DST, Munters, Therma-Stor, Kerone Engineering Solutions LTD., Drycool System, Sunpentown Inc., Whirlpool, ADVANCE INTERNATIONAL, Origin Corporate Services Pvt. Ltd., Honeywell International Inc., AB Electrolux |
| Key Drivers | • Low air quality • Extra cash |
| RESTRAINTS | • Significant expenses of the item • Troubles ascending during the establishment interaction |
Ans: The Dehumidifier market size is estimated to reach USD 5.30 billion by 2030.
Ans: The base year calculated in the Dehumidifiers market report is 2021.
Ans: Key players in Dehumidifiers markets are Airwatergreen AB, De’Longhi Appliances S.r.l., Frigidaire, General Filters, Inc., Resideo Technologies, Inc., GE Appliances, LG Electronics, SEIBU GIKEN DST, Munters, Therma-Stor, Kerone Engineering Solutions LTD., Drycool System, Sunpentown Inc., Whirlpool, ADVANCE INTERNATIONAL, Origin Corporate Services Pvt. Ltd., Honeywell International Inc., AB Electrolux
Ans: Low air quality and The ascent in the interest from business and modern areas are the elements driving and resulting in opportunities for the Dehumidifiers market.
Ans: The Dehumidifiers Market is to grow at a CAGR of 7.8% over the forecast period 2023-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Dehumidifiers Market Segmentation, By Product Type
8.1 Chemical Absorbent
8.2 Heat Pump
8.3 Ventilating
9. Global Dehumidifiers Market Segmentation, By Technology
9.1 Sorption
9.2 Warm Condensation
10. Global Dehumidifiers Market Segmentation, By Application
10.1 Household
10.2 Commercial
11. Global Dehumidifiers Market, By Region/ Country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 Airwatergreen AB
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 De’Longhi Appliances S.r.l.
12.3 Frigidaire
12.4 General Filters, Inc.
12.5 Resideo Technologies, Inc.
12.6 GE Appliances
12.7 LG Electronics
12.8 SEIBU GIKEN DST
12.9 Munters
12.10 Therma-Stor
12.11 Kerone Engineering Solutions LTD.
12.12 Drycool System
12.13 Sunpentown Inc.,
12.14 Whirlpool
12.15 ADVANCE INTERNATIONAL
12.16 Origin Corporate Services Pvt. Ltd.
12.17 Honeywell International Inc.
12.18 AB Electrolux
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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