Dehumidifiers Market
SHARE
PUBLISHED: 2022 ID: SMRC22152
SHARE

Dehumidifier Market Forecasts to 2028 - Global Analysis By Product Type (Chemical Absorbent Dehumidifiers, Heat Pumps, Ventilating Dehumidifiers and Other Product Types), Application (Residential, Industrial, Commercial and Other Applications) and By Geography

4.9 (48 reviews)
4.9 (48 reviews)
Published: 2022 ID: SMRC22152

This report covers the impact of COVID-19 on this global market
Loading...

Years Covered

2022-2028

Estimated Year Value (2022)

US $3.16 BN

Projected Year Value (2028)

US $5.25 BN

CAGR (2022 - 2028)

8.8%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

Europe

According to Stratistics MRC, the Global Dehumidifiers Market is accounted for $3.16 billion in 2022 and is expected to reach $5.25 billion by 2028 growing at a CAGR of 8.8% during the forecast period. A dehumidifier removes moisture or water content from the air and helps in combating extreme temperatures. Growing health awareness and high humid coastal places are leading to the demand for such products. After captivating moisture, it also releases a stuffy odor from the surrounding caused by the fabrics, walls, and furniture. The device is used for the residential sectors comfort and health reasons.

According to the U.S. Department of Energy (DOE), a manufacturer of dehumidifiers is required to test the product to determine compliance with existing energy conservation standards. According to the Organization for Economic Co-operation and Development (OECD), the average household net adjusted disposable income per capita across OECD countries is $30,563 per year.



Market Dynamics:

Driver:

Increasing demand for wastewater treatment

Dehumidifier finds major application in the wastewater industry. High humidity levels can cause rust of metal, deterioration of paint, and breakdown of electrical components. A dehumidifier helps in controlling the humidity levels. Investment in new wastewater treatment infrastructure will create market demand. Water scarcity along with changing characteristics has led to augmented demand for wastewater management.

Restraint:

The alarming rush in fire happenings

Fire incidences have forced manufacturers to identify their effects because of mistaken dehumidification operating, which is always expensive. In the approaching years, customer development safety missions worldwide will minimize dehumidifier grade standards and certification rules. Additionally, contributing a useful guide or safety manual for the appropriate use of them can also lead to curbing the number of fire incidents caused due to humidifiers, ultimately reducing its impact on the dehumidifier’s market growth.

Opportunity:

Development in the Real Estate Sector

The development is increasing the new opportunities by rapid development in the real estate sector leading to the construction of residential buildings & schools, hospitals, and departmental stores. In extension, awareness of health and transformations in weather situations are the main elements anticipated to drive the demand. Furthermore, increased awareness about the usefulness of maintaining indoor air quality in commercial sectors is expected to promote market growth.

Threat:

High Cost of Maintenance

Dehumidifiers are normally a low maintenance consequence and do not need a lot of engaged interference, but some supervision is required. Cost of dehumidifiers is based on various factors such as capacity of selected product, outlet design, and difficulty in installation. Moreover, they need regular and continuous maintenance and cleaning, which incur additional cost, which limit their demand.

Covid-19 Impact

The corona virus spread over a number of nations and regions, having a profound effect on both individual lives and the community as a whole. It grew to be a serious threat to world trade, finance, and the economy. Due to the lockdown brought on by the COVID-19 epidemic, numerous parts for industrial dehumidifiers could no longer be produced. The slowdown in the economy first caused people to spend less on different industrial dehumidifiers. Additionally, a number of government efforts were aimed at fostering the development of small-scale companies, particularly in emerging countries, which are predicted to favourably impact the growth of the industrial dehumidifier market.

The chemical absorbent dehumidifier segment is expected to be the largest during the forecast period

The chemical absorbent dehumidifier segment is estimated to have a lucrative growth, due to it can work at very high or low-level temperatures without regeneration problems and changes in the life cycle. It uses drying substances to remove moisture from the air, these materials are also known as desiccant material. They are widely accepted among industries for bringing required humidity levels in the environment. It is also one of the fastest and environmentally friendly methods in the market.

The industrial segment is expected to have the highest CAGR during the forecast period

The industrial segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the growth in the manufacturing industry, warehousing, and water treatment plants. A dehumidifier is used in the industrial sector for various applications such as drying products, controlling relative humidity, and removing excess moisture. This, along with rapid industrialization and the escalating demand for energy efficient products, is strengthening the growth of the market.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the growth in industrial manufacturing owing to increasing investments. Moreover, rising product awareness, changing lifestyles, and increasing disposable income, increase in health awareness and stringent norms laid by the government in the region are the factors expected to boost the growth of the dehumidifier market.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to the extensive industrial manufacturing, the strong establishment of commercial businesses, and growing awareness among the homeowners attributed to the large share. Increasing adoption of dehumidifiers in hotels and restaurants is expected to drive the region growth.



Key players in the market

Some of the key players profiled in the Dehumidifiers Market include Haier company, LG Electronics Inc., Honeywell International Inc., Whirlpool Corporation, Panasonic, Mitsubishi Electric, TCL, SEN Electric, Stulz GmbH, Deye, De’Longhi Appliances S.r.l., Sharp, CondAir Group, Munters Group, Frigidaire, General Filters, Eurgeen, Songjing, Danby Products Ltd. and Bry-Air Inc.

Key Developments:

In April 2020, LG announced the launching of PuriCare 50 Pint Dehumidifier with Drain Pump which was added to LG Electronics USA's award-winning lineup of energy-efficient domestic air care devices for simple daily usage. The product joins a lineup of room air conditioners and drains tank dehumidifiers that already offer unmatched energy savings thanks to LG's revolutionary Dual Inverter CompressorsTm technology.

In August 2019, Sharp launched two air purifiers and dehumidifiers named DW-J20FM-W and DW-E16FA-W, which are equipped with Ion Generator Technology that eliminates airborne mold, viruses, and bacteria. They are also capable of running on home investors.

Product Types Covered:
• Chemical Absorbent Dehumidifiers
• Heat Pumps
• Ventilating Dehumidifiers
• Other Product Types

Technologies Covered:
• Warm Condensation
• Sorption
• Other Technologies

Applications Covered:
• Residential
• Industrial
• Commercial
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Dehumidifier Market, By Product Type
5.1 Introduction
5.2 Chemical Absorbent Dehumidifiers
5.3 Heat Pumps
5.4 Ventilating Dehumidifiers
5.5 Other Product Types

6 Global Dehumidifier Market, By Technology
6.1 Introduction
6.2 Warm Condensation
6.3 Sorption
6.4 Other Technologies

7 Global Dehumidifier Market, By Application
7.1 Introduction
7.2 Residential
7.3 Industrial
7.4 Commercial
7.5 Other Applications

8 Global Dehumidifier Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 Haier company
10.2 LG Electronics Inc.
10.3 Honeywell International Inc.
10.4 Whirlpool Corporation
10.5 Panasonic
10.6 Mitsubishi Electric
10.7 TCL
10.8 SEN Electric
10.9 Stulz GmbH
10.10 Deye
10.11 De’Longhi Appliances S.r.l.
10.12 Sharp
10.13 CondAir Group
10.14 Munters Group
10.15 Frigidaire
10.16 General Filters
10.17 Eurgeen
10.18 Songjing
10.19 Danby Products Ltd.
10.20 Bry-Air Inc.

List of Tables
1 Global Dehumidifier Market Outlook, By Region (2020-2028) ($MN)
2 Global Dehumidifier Market Outlook, By Product Type (2020-2028) ($MN)
3 Global Dehumidifier Market Outlook, By Chemical Absorbent Dehumidifiers (2020-2028) ($MN)
4 Global Dehumidifier Market Outlook, By Heat Pumps (2020-2028) ($MN)
5 Global Dehumidifier Market Outlook, By Ventilating Dehumidifiers (2020-2028) ($MN)
6 Global Dehumidifier Market Outlook, By Other Product Types (2020-2028) ($MN)
7 Global Dehumidifier Market Outlook, By Technology (2020-2028) ($MN)
8 Global Dehumidifier Market Outlook, By Warm Condensation (2020-2028) ($MN)
9 Global Dehumidifier Market Outlook, By Sorption (2020-2028) ($MN)
10 Global Dehumidifier Market Outlook, By Other Technologies (2020-2028) ($MN)
11 Global Dehumidifier Market Outlook, By Application (2020-2028) ($MN)
12 Global Dehumidifier Market Outlook, By Residential (2020-2028) ($MN)
13 Global Dehumidifier Market Outlook, By Industrial (2020-2028) ($MN)
14 Global Dehumidifier Market Outlook, By Commercial (2020-2028) ($MN)
15 Global Dehumidifier Market Outlook, By Other Applications (2020-2028) ($MN)
16 North America Dehumidifier Market Outlook, By Country (2020-2028) ($MN)
17 North America Dehumidifier Market Outlook, By Product Type (2020-2028) ($MN)
18 North America Dehumidifier Market Outlook, By Chemical Absorbent Dehumidifiers (2020-2028) ($MN)
19 North America Dehumidifier Market Outlook, By Heat Pumps (2020-2028) ($MN)
20 North America Dehumidifier Market Outlook, By Ventilating Dehumidifiers (2020-2028) ($MN)
21 North America Dehumidifier Market Outlook, By Other Product Types (2020-2028) ($MN)
22 North America Dehumidifier Market Outlook, By Technology (2020-2028) ($MN)
23 North America Dehumidifier Market Outlook, By Warm Condensation (2020-2028) ($MN)
24 North America Dehumidifier Market Outlook, By Sorption (2020-2028) ($MN)
25 North America Dehumidifier Market Outlook, By Other Technologies (2020-2028) ($MN)
26 North America Dehumidifier Market Outlook, By Application (2020-2028) ($MN)
27 North America Dehumidifier Market Outlook, By Residential (2020-2028) ($MN)
28 North America Dehumidifier Market Outlook, By Industrial (2020-2028) ($MN)
29 North America Dehumidifier Market Outlook, By Commercial (2020-2028) ($MN)
30 North America Dehumidifier Market Outlook, By Other Applications (2020-2028) ($MN)
31 Europe Dehumidifier Market Outlook, By Country (2020-2028) ($MN)
32 Europe Dehumidifier Market Outlook, By Product Type (2020-2028) ($MN)
33 Europe Dehumidifier Market Outlook, By Chemical Absorbent Dehumidifiers (2020-2028) ($MN)
34 Europe Dehumidifier Market Outlook, By Heat Pumps (2020-2028) ($MN)
35 Europe Dehumidifier Market Outlook, By Ventilating Dehumidifiers (2020-2028) ($MN)
36 Europe Dehumidifier Market Outlook, By Other Product Types (2020-2028) ($MN)
37 Europe Dehumidifier Market Outlook, By Technology (2020-2028) ($MN)
38 Europe Dehumidifier Market Outlook, By Warm Condensation (2020-2028) ($MN)
39 Europe Dehumidifier Market Outlook, By Sorption (2020-2028) ($MN)
40 Europe Dehumidifier Market Outlook, By Other Technologies (2020-2028) ($MN)
41 Europe Dehumidifier Market Outlook, By Application (2020-2028) ($MN)
42 Europe Dehumidifier Market Outlook, By Residential (2020-2028) ($MN)
43 Europe Dehumidifier Market Outlook, By Industrial (2020-2028) ($MN)
44 Europe Dehumidifier Market Outlook, By Commercial (2020-2028) ($MN)
45 Europe Dehumidifier Market Outlook, By Other Applications (2020-2028) ($MN)
46 Asia Pacific Dehumidifier Market Outlook, By Country (2020-2028) ($MN)
47 Asia Pacific Dehumidifier Market Outlook, By Product Type (2020-2028) ($MN)
48 Asia Pacific Dehumidifier Market Outlook, By Chemical Absorbent Dehumidifiers (2020-2028) ($MN)
49 Asia Pacific Dehumidifier Market Outlook, By Heat Pumps (2020-2028) ($MN)
50 Asia Pacific Dehumidifier Market Outlook, By Ventilating Dehumidifiers (2020-2028) ($MN)
51 Asia Pacific Dehumidifier Market Outlook, By Other Product Types (2020-2028) ($MN)
52 Asia Pacific Dehumidifier Market Outlook, By Technology (2020-2028) ($MN)
53 Asia Pacific Dehumidifier Market Outlook, By Warm Condensation (2020-2028) ($MN)
54 Asia Pacific Dehumidifier Market Outlook, By Sorption (2020-2028) ($MN)
55 Asia Pacific Dehumidifier Market Outlook, By Other Technologies (2020-2028) ($MN)
56 Asia Pacific Dehumidifier Market Outlook, By Application (2020-2028) ($MN)
57 Asia Pacific Dehumidifier Market Outlook, By Residential (2020-2028) ($MN)
58 Asia Pacific Dehumidifier Market Outlook, By Industrial (2020-2028) ($MN)
59 Asia Pacific Dehumidifier Market Outlook, By Commercial (2020-2028) ($MN)
60 Asia Pacific Dehumidifier Market Outlook, By Other Applications (2020-2028) ($MN)
61 South America Dehumidifier Market Outlook, By Country (2020-2028) ($MN)
62 South America Dehumidifier Market Outlook, By Product Type (2020-2028) ($MN)
63 South America Dehumidifier Market Outlook, By Chemical Absorbent Dehumidifiers (2020-2028) ($MN)
64 South America Dehumidifier Market Outlook, By Heat Pumps (2020-2028) ($MN)
65 South America Dehumidifier Market Outlook, By Ventilating Dehumidifiers (2020-2028) ($MN)
66 South America Dehumidifier Market Outlook, By Other Product Types (2020-2028) ($MN)
67 South America Dehumidifier Market Outlook, By Technology (2020-2028) ($MN)
68 South America Dehumidifier Market Outlook, By Warm Condensation (2020-2028) ($MN)
69 South America Dehumidifier Market Outlook, By Sorption (2020-2028) ($MN)
70 South America Dehumidifier Market Outlook, By Other Technologies (2020-2028) ($MN)
71 South America Dehumidifier Market Outlook, By Application (2020-2028) ($MN)
72 South America Dehumidifier Market Outlook, By Residential (2020-2028) ($MN)
73 South America Dehumidifier Market Outlook, By Industrial (2020-2028) ($MN)
74 South America Dehumidifier Market Outlook, By Commercial (2020-2028) ($MN)
75 South America Dehumidifier Market Outlook, By Other Applications (2020-2028) ($MN)
76 Middle East & Africa Dehumidifier Market Outlook, By Country (2020-2028) ($MN)
77 Middle East & Africa Dehumidifier Market Outlook, By Product Type (2020-2028) ($MN)
78 Middle East & Africa Dehumidifier Market Outlook, By Chemical Absorbent Dehumidifiers (2020-2028) ($MN)
79 Middle East & Africa Dehumidifier Market Outlook, By Heat Pumps (2020-2028) ($MN)
80 Middle East & Africa Dehumidifier Market Outlook, By Ventilating Dehumidifiers (2020-2028) ($MN)
81 Middle East & Africa Dehumidifier Market Outlook, By Other Product Types (2020-2028) ($MN)
82 Middle East & Africa Dehumidifier Market Outlook, By Technology (2020-2028) ($MN)
83 Middle East & Africa Dehumidifier Market Outlook, By Warm Condensation (2020-2028) ($MN)
84 Middle East & Africa Dehumidifier Market Outlook, By Sorption (2020-2028) ($MN)
85 Middle East & Africa Dehumidifier Market Outlook, By Other Technologies (2020-2028) ($MN)
86 Middle East & Africa Dehumidifier Market Outlook, By Application (2020-2028) ($MN)
87 Middle East & Africa Dehumidifier Market Outlook, By Residential (2020-2028) ($MN)
88 Middle East & Africa Dehumidifier Market Outlook, By Industrial (2020-2028) ($MN)
89 Middle East & Africa Dehumidifier Market Outlook, By Commercial (2020-2028) ($MN)
90 Middle East & Africa Dehumidifier Market Outlook, By Other Applications (2020-2028) ($MN)

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials