Global Dehumidifier Market Size, Share, Trends, Growth and Forecast 2032

Dehumidifier Market Insights

Zion Market Research has published a report on the global Dehumidifier Market, estimating its value at USD 3.76 Billion in 2023, with projections indicating that it will reach USD 6.74 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.7% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Dehumidifier industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Introduction

A dehumidifier is electrical equipment that helps in reducing as well as maintaining the humidity proportion in the atmosphere. The device is utilized for eliminating musty odor and preventing mildew growth through water extraction from air. Furthermore, the product is utilized in commercial structures, households, and a slew of industrial applications. Citing an instance, large or big dehumidifiers are utilized in commercial buildings including swimming pools and indoor ice sinks. Dehumidifiers are also used in storage warehouses and manufacturing units.

Market Growth Dynamics

Surging construction activities, altering climatic conditions, and increase in the disposable income will proliferate the expansion of the dehumidifier market in the coming years. Apparently, increase in the construction activities along with strict enforcement of energy-efficient norms in residential sector will enlarge the scope of the market in the years ahead.

Moreover, dehumidifiers are being used in cold storage as well as food & beverages sectors as the product facilitates retaining of appropriate temperature for ensuring elongated shelf life for food as well as inventory. This, in turn, will embellish the market growth over the forecast timespan. In addition to this, dehumidifiers are being utilized in hotels & restaurants for maintaining the quality, flavor, and taste of the food products.  

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Global Dehumidifier Market: Segmentation

The study provides a decisive view of the dehumidifier market by segmenting the market based on by product, by technology, by application and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By product segment analysis includes chemical absorbent, heat pump, ventilating dehumidifier.

By technology segment analysis includes cold condensation, sorption, warm condensation and others.

By application segment analysis includes commercial, industrial and residential.

The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Dehumidifier Market: Report Scope

North America To Account For Major Market Share Over 2024-2032

The expansion of the dehumidifier market in the sub-continent over the forecast timespan is attributed to increase in the end-user trends towards maintenance of healthy environment in the households. In addition to this, the construction sector in the countries like the U.S. and Canada are installing dehumidifiers to plasters as well as dry slabs for maintaining appropriate conditions in hardware stores along with avoiding mold. This, in turn, will proliferate the business sphere in the region over the forecast timespan.

The key players influencing the market growth include-

• Whirlpool Corporation
• Therma-Stor LLC
• General Filters Inc
• Electrolux Home Products Inc
• Condair Group AG
• De'Longhi S.p.A
• LG Electronics Inc
• Haier Group Corporation
• Honeywell International Inc
• Heat Controller Inc
• Sunpentown International Inc
• Mitsubishi Electric Corporation

The global dehumidifier market is segmented as follows:

By Product

• Chemical Absorbent
• Heat Pump
• Ventilating Dehumidifier

By Technology

• Cold Condensation
• Sorption
• Warm Condensation
• Others

By Application

• Commercial
• Industrial
• Residential

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa