Dehumidifier Market Size, Share Report 2023-2028 | Industry Trends, Growth Outlook and Opportunity Analysis

PRESS RELEASE
Published March 13, 2023

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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Dehumidifier Market

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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