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Global Dehumidifier Market By Type (Desiccant, Refrigerant, Thermoelectric & Others), By End User (Industrial, Residential & Commercial), By Region (APAC, North America, MEA, South America & Others), Competition, Forecast & Opportunities, 2024

  • ID: 4773072
  • Report
  • Region: Global, Asia Pacific, North America, United States
  • 175 pages
  • TechSci Research
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Global Dehumidifier Market is Projected to Reach $3.7 Billion By 2024 From $2.5 Billion in 2018

FEATURED COMPANIES

  • Bry-Air Inc.
  • Carrier Corporation
  • De’ Longhi Appliances Srl
  • Frigidaire
  • LG Electronics Inc.
  • Munters AB
  • MORE
Global Dehumidifier Market Overview

The global dehumidifier market is projected to reach $ 3.7 billion by 2024 from $ 2.5 billion in 2018, growing at a CAGR of 6.6%. Owing to rising health concerns, consumers across the globe are spending heavily on lifestyle products, including dehumidifiers. Rising concerns about the harmful effects of air pollution, especially for people prone to allergies from airborne particles and with respiratory diseases, is increasing the awareness about the benefits of dehumidifiers, thereby driving growth in the market.

Global Dehumidifier Market Segmentation

The global dehumidifier market has been categorized into type, end-user and regional distribution. On the basis of type, the market is segmented into desiccant, refrigerant, and thermoelectric dehumidifiers. Of these categories, dessicant dehumidifiers are ideal for industrial use. The technology is cost-effective and efficient as they can reduce the humidity level of its surroundings to levels below 35%. Moreover, due to lack of compressor parts, they are lighter and quieter, unlike compressor dehumidifiers which tend to be heavier. On the other hand, refrigerant dehumidifiers, which account for the second largest share, are cheap to produce, easy to operate and effective in most domestic and commercial applications. The primary benefit of a refrigerant dehumidifier is that it performs exceptionally well when used in warm and humid climatic conditions. Based on end-use industry, the market is categorized into industrial, residential and commercial. Industrial sector dominated the global dehumidifier market as dehumidifiers are used to keep industrial raw materials, such as iron bars, concrete slabs, etc., free from moisture content. Increasing demand for dehumidifiers from food packaging & service industry is anticipated to majorly contribute to the growth of this segment during forecast period.

Global Dehumidifier Market Regional Segmentation

Asia-Pacific dominates the global dehumidifiers market, owing to the fact that countries like Japan, Korea, China and India cumulatively account for a large number of industrial as well as manufacturing industries. As a result, the demand for dehumidifiers for industrial and commercial purposes in these countries is rising at a fast pace. In addition to this, surging number of air borne diseases and allergies in Asia-Pacific due to high humidity in countries like Indonesia, Hong Kong, etc., and rise in pollutants like pollen, dust and microbes are some of the other factors which are driving the market of dehumidifiers in Asia-Pacific region.

Competitive Landscape

Some of the leading companies in the global dehumidifiers market are Honeywell International, Munters AB, LG Electronics Inc, Gree Electrical, GE, Seibu-Giken, Amfah India, Frigidaire, Origin Dehumidifiers, etc.

Years considered for this report:
  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020-2024
Objective of the Study:
  • To analyze and forecast the global dehumidifiers market size.
  • To forecast the global dehumidifiers market based on type, end-use industry and regional distribution.
  • To identify drivers and challenges for the global dehumidifier market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global dehumidifier market.
  • To conduct pricing analysis for dehumidifier market.
  • To identify and analyze the profile of leading players involved in the manufacturing of dehumidifiers.
Some of the leading companies in the global dehumidifiers market are Honeywell International, Munters AB, LG Electronics Inc, Gree Electrical, GE, Seibu-Giken, Bry-Air, Amfah India, Frigidaire, Origin Dehumidifiers, etc.

Both primary as well as exhaustive secondary research were performed for this study. Initially, the researchers sourced a list of leading manufacturers across the globe. Subsequently, primary research surveys were conducted with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the research could include the manufacturers which could not be identified due to the limitations of secondary research. The researchers analyzed the product offerings, distribution channels and presence of all major players operating in the global dehumidifiers market.

The researchers calculated the global dehumidifiers market size by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:
  • Dehumidifiers manufacturers and suppliers
  • Government bodies such as regulating authorities and policymakers
  • Organizations, forums and alliances related to dehumidifiers
  • Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners and end-users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the global dehumidifiers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Type:
  • Dessicant
  • Refrigerant
  • Thermoelectric
  • Others
Market, by End-User:
  • Industrial
  • Commercial
  • Residential
Market, by Region:
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Rest of APAC
  • North America
  • United States
  • Mexico
  • Canada
  • Rest of North America
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Qatar
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Rest of Europe
Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in the global dehumidifier market.

Available Customizations:

With the given market data, customisation is offered for specific needs. The following customization options are available for the report.

Company Information

Detailed analysis and profiling of additional market players (up to five).
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bry-Air Inc.
  • Carrier Corporation
  • De’ Longhi Appliances Srl
  • Frigidaire
  • LG Electronics Inc.
  • Munters AB
  • MORE

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Dehumidifier Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
4.2.2. By Region
4.2.3. By Company
4.2.4. By End User (Commercial, Industrial & Residential)
4.3. Market Attractiveness Index

5. Global Desiccant Dehumidifier Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By End User (Commercial, Industrial & Residential)

6. Global Refrigerant Dehumidifier Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By End User (Commercial, Industrial & Residential)

7. Global Thermoelectric Dehumidifier Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By End User (Commercial, Industrial & Residential)

8. Global Other Dehumidifier Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume

9. Asia-Pacific Dehumidifier Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
9.2.2. By End User (Commercial, Industrial & Residential)
9.2.3. By Country
9.2.3.1. China Dehumidifier Market Outlook
9.2.3.1.1. By Value
9.2.3.2. Japan Dehumidifier Market Outlook
9.2.3.2.1. By Value
9.2.3.3. South Korea Dehumidifier Market Outlook
9.2.3.3.1. By Value
9.2.3.4. India Dehumidifier Market Outlook
9.2.3.4.1. By Value
9.2.3.5. Indonesia Dehumidifier Market Outlook
9.2.3.5.1. By Value

10. North America Dehumidifier Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
10.2.2. By End-User
10.2.3. By Country
10.2.3.1. USA Dehumidifier Market Outlook
10.2.3.1.1. By Value
10.2.3.2. Canada Dehumidifier Market Outlook
10.2.3.2.1. By Value
10.2.3.3. Mexico Dehumidifier Market Outlook
10.2.3.3.1. By Value

11. Middle East & Africa Dehumidifier Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
11.2.2. By End- User
11.2.3. By Country
11.2.3.1. Saudi Arabia Dehumidifier Market Outlook
11.2.3.1.1. By Value
11.2.3.2. UAE Dehumidifier Market Outlook
11.2.3.2.1. By Value
11.2.3.3. South Africa Dehumidifier Market Outlook
11.2.3.3.1. By Value
11.2.3.4. Qatar Dehumidifier Market Outlook
11.2.3.4.1. By Value

12. South America Dehumidifier Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value & Volume
12.2. Market Share & Forecast
12.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
12.2.2. By End-User
12.2.3. By Country
12.2.3.1. Brazil Dehumidifier Market Outlook
12.2.3.1.1. By Value
12.2.3.2. Argentina Dehumidifier Market Outlook
12.2.3.2.1. By Value
12.2.3.3. Colombia Dehumidifier Market Outlook
12.2.3.3.1. By Value

13. Europe Dehumidifier Market Outlook
13.1. Market Size & Forecast
13.1.1. By Value & Volume
13.2. Market Share & Forecast
13.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
13.2.2. By End-User
13.2.3. By Country
13.2.3.1. Germany Dehumidifier Market Outlook
13.2.3.1.1. By Value
13.2.3.2. UK Dehumidifier Market Outlook
13.2.3.2.1. By Value
13.2.3.3. France Dehumidifier Market Outlook
13.2.3.3.1. By Value
13.2.3.4. Italy Dehumidifier Market Outlook
13.2.3.4.1. By Value
13.2.3.5. Spain Dehumidifier Market Outlook
13.2.3.5.1. By Value

14. Market Dynamics
14.1. Drivers
14.2. Challenges

15. Market Trends & Developments
15.1. Increasing Respiratory Diseases
15.2. Product Innovation
15.3. Rising Consumer Spending on Lifestyle Products
15.4. Growing Demand from Commercial and Industrial Sectors
15.5. Surging use of Desiccant Dehumidifiers
15.6. Increasing Demand due to Loss from Spoilage and Corrosion
15.7. Rules & Regulations imposed by Governing Authorities
15.8. Growing Air Pollution Concerns

16. Competitive Landscape
16.1. Competitive Benchmarking
16.2. Company Profiles
16.2.1. Gree Electrical Appliances
16.2.2. LG Electronics Inc.
16.2.3. Honeywell International, Inc.
16.2.4. Munters AB
16.2.5. Seibu Giken Co. Ltd.
16.2.6. Bry-Air Inc.
16.2.7. Whirlpool Corporation
16.2.8. Frigidaire
16.2.9. De’ Longhi Appliances Srl
16.2.10. Carrier Corporation

17. Strategic Recommendations

Note: Product cover images may vary from those shown
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  • Gree Electrical Appliances
  • LG Electronics Inc.
  • Honeywell International, Inc.
  • Munters AB
  • Seibu Giken Co. Ltd.
  • Bry-Air Inc.
  • Whirlpool Corporation
  • Frigidaire
  • De’ Longhi Appliances Srl
  • Carrier Corporation
Note: Product cover images may vary from those shown
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