Dehumidifier Market Size, Share, Growth Analysis, By Product(Chemical Absorbent, Heat Pump, Ventilating Dehumidifier), By Type(Desiccant, Refrigerant, Thermoelectric, others), By Technology(Cold Condensation, Sorption, Warm Condensation, others), By Application(Industrial, Commercial, Residential), By Region - Industry Forecast 2024-2031


Report ID: SQSG15E2053 | Region: Global | Published Date: April, 2024
Pages: 157 |Tables: 119 |Figures: 68

Dehumidifier Market Insights

Global Dehumidifier Market size was valued at USD 2837.83 million in 2019 and is poised to grow from USD 3030.8 million in 2023 to USD 5478.97 million by 2031, growing at a CAGR of 6.8% in the forecast period (2024-2031).

A dehumidifier is a piece of electrical equipment made especially to remove extra moisture from the air. The most popular types of dehumidifiers use desiccant, refrigerant, and other materials. By eliminating excess humidity, dehumidifiers significantly reduce the likelihood of mould, dust mites, and other bacterial and fungal growth in homes. Dehumidifiers' functionality lowers the possibility of allergies, which helps to explain the high market demand for them. These gadgets also offer a clean, healthy environment with excellent air quality that keeps the household's occupants healthy. These are effective home appliances that have many benefits for a space and, most importantly, for a person. They get rid of potentially dangerous elements that might affect a home, a family, or even cherished pets. These enhance air quality and stop the growth of molds in addition to improving air quality and removing dust mites. Around the world, dehumidification systems, including dehumidifiers, are frequently used in residential, commercial, and industrial settings. By preventing condensation on machinery, equipment, and other electronics tools, humidifiers help prevent corrosion issues in the industrial sector and regulate the amount of moisture in the air. Dehumidifiers lower the humidity in residential spaces, making them less inviting to allergen-causing organisms like dust mites, black mould, and yeast.

US Dehumidifier Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 2837.83 million

Largest Segment

Chemical Absorbent

Fastest Growth

Heat Pump

Growth Rate

6.8% CAGR

Global Dehumidifier Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)

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Dehumidifier Market Segmental Analysis

Dehumidifier Market is segmented on the basis of product, type, technology, application and region. On the basis of product, Dehumidifier Market is segmented into chemical absorbent, heat pump and ventilating dehumidifier. According to type Dehumidifier Market is segmented into desiccant, refrigerant, thermoelectric and others. On the basis of technology, Dehumidifier Market is segmented into cold condensation, sorption, warm condensation and others. According to application, the global Dehumidifier Market is segmented into industrial, commercial and residential. Based on region, Dehumidifier Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Dehumidifier Market Analysis by Product

Chemical Absorbent segment held the largest share in Global Dehumidifier market in 2021 and is expected to hold its position during the forecast period. Due to their ability to absorb moisture and hold water vapour without releasing any greenhouse gases, chemical absorbents are frequently chosen across all application areas, but especially in industrial settings. If refrigeration-based dehumidifiers are used in conjunction with chemical absorbent-based dehumidifiers, reliable climate control in cooler environments can be achieved. Over the course of the forecast period, advancements in climate control technology are anticipated to support the segment's growth.

Heat Pump segment is expected to witness the fastest growth rate during the forecast period. This can be attributed to the continued product improvements and rising usage across a range of applications. Heat pump dehumidifiers are frequently used to dry out industrial products, protect building materials and stored goods, and improve human comfort. They work by circulating moist air across the evaporator of a refrigeration system, which lowers air temperature and leads to the condensation of water vapour that can be drained out.

Dehumidifier Market Analysis by Technology

The sorption segment accounted for the highest market share and held a large revenue share in 2021. The technology's dehumidification procedure mainly entails adsorption and absorption procedures. The technology calls for circulating the air that needs to be dried through rotating desiccant rotors to remove moisture. Since sorption technology can use rotors to remove moisture, it is especially preferred for large rooms, warehouses, and industrial processes. Adsorption-based dehumidifiers work best when water has permeated deeply into surfaces like walls and ceilings. An adsorption model may be more suitable for the requirements in some areas where one can observe condensation or even the growth of mould. Adsorption-based dehumidifiers work best when water has permeated deeply into surfaces like walls and ceilings. An adsorption model may be more suitable for the requirements in some areas where one can observe condensation or even the growth of mould.

Warm condensation segment is anticipated to register a high market growth during the forecast period. This is due to technological advancements that allow dehumidifiers to function at different indoor temperature ranges while reducing energy consumption and its numerous advantages. In a world of liquid and gas plumbing, condensation dehumidifiers are a great option for those working in the commercial, industrial, and warehouse sectors. They have also become an essential part of processes that call for the removal of water.

Global Dehumidifier Market By Product Type, 2021 (%)

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Dehumidifier Market Regional Insights

North America accounted for the largest share of the dehumidifier market globally and is expected to maintain its dominance during the forecast period. The aggressive construction of warehouses, homes, and commercial buildings is anticipated to fuel the expansion of the local market. Growing public awareness of the benefits of creating a healthier environment is positive for the expansion of the local market. Some of the highest sums ever recorded in the United States were recently spent on private construction, resulting in the development of private homes and non-residential structures. On a list of the 50 biggest construction contractors in the nation, two companies had significant revenue. As a result, the demand for dehumidifiers is increasing, which in turn is propelling market revenue growth.

Asia Pacific region is expected to be the fastest growing market for dehumidifiers during the forecast period. The demand for dehumidifiers in the Asia Pacific region is anticipated to be driven by the economies of China, India, Japan, and Southeast Asian nations, which are continuing their industrialization process. Other factors that are anticipated to contribute to the growth of the regional market include the rising levels of disposable income in the area, growing preferences for a healthier ambient environment, and a strong emphasis on reducing energy consumption. It is also encouraging for the expansion of the local market that warehousing facilities are still being built and that cold chain logistics are being implemented to meet the growing demand for food, medications, and other perishable goods.

Global Dehumidifier Market By Geography, 2021-2028
  • Largest
  • Fastest

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Dehumidifier Market Dynamics

Dehumidifier Market Driver

  • Need for Performance Accuracy to Drive Dehumidifier Market Growth

Controlling humidity and temperature is critical in research and development because lab environments affect measurement device characteristics and performance, and can even result in structural damage to expensive equipment. This could lead to unneeded downtime as well as economic and financial losses. All scientific instruments used in research laboratories must be protected against humidity and temperature changes in order to maintain accuracy and performance. Many commercial buildings, industrial instrumentation rooms, and educational facilities require humidity control solutions.

  • Surging Adoption of Dehumidifier across Food & Beverage and Hospitality Sectors

The food and beverage industry and the hospitality sector are expected to use dehumidifiers more frequently, which will boost market statistics. Food items that are kept in hotels, restaurants, and retail establishments for extended periods of time suffer damage from high humidity levels. By removing too much moisture from the air, dehumidifiers stop food from spoiling. These are also very popular in the processing, packaging, and coating industries because they help maintain the necessary humidity levels. In order to print and package papers efficiently, a number of paper manufacturing and printing companies have installed dehumidifiers.

Dehumidifier Market Restraint

High Cost and Electric Consumption to Limit Dehumidifier Market Growth

  • A significant factor that is anticipated to limit market revenue growth is high electric consumption. Most home portable dehumidifiers can use between 300 and 700W of power, depending on the brand and mode. Assuming continuous use for 30 days, dehumidifiers typically use 307.2 kWh of electricity per month. A typical dehumidifier uses 394.2 kWh of electricity each month. Despite having an average wattage of 483.24W and an average hourly electricity consumption of 0.42 kWh, dehumidifiers use a lot of electricity because of their extended use.
  • Dehumidifiers' high cost and difficult installation are other additional important factors limiting the market growth. The value of the raw materials & components used, as well as the size of the device, determine the price of these devices. Small portable devices are relatively cheap compared to large whole-house dehumidifiers that cost a lot of money. Industrial dehumidifiers are expensive to buy and operate because they need the assistance of skilled professionals for installation, repair, and maintenance.

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Dehumidifier Market Competitive Landscape

Global dehumidifier market is fragmented due to the presence of prominent global and local players who apply various strategies to expand their market share and dominate the market. Some key players include Honeywell International Inc., Whirlpool Corporation, Bry-Air Pvt. Ltd., Seresco Dehumidifiers and Airwatergreen AB. The market's leading players are looking forward to increasing their investments in the creation of advanced devices and fulfill the increasing demand for dehumidifier systems.

Dehumidifier Market Top Player's Company Profiles

  • Midea Group Co., Ltd.
  • Panasonic Corporation
  • General Filters, Inc.
  • LG Electronics Inc.
  • Honeywell International Inc.
  • Whirlpool Corporation
  • Haier Group Corporation
  • Dantherm A/S
  • Therma-Stor LLC
  • Seibu Giken Co., Ltd.
  • Airwatergreen AB
        Desiccant Technologies Group (DTG)
        Ebac Group Ltd.
        Bry-Air (Asia) Pvt. Ltd.
        De'Longhi Appliances S.r.l.
        Fujitsu General Limited
        Condair Group AG
        Desiccant Rotors International Pvt. Ltd.
        Condair plc
        Trotec GmbH & Co. KG

Dehumidifier Market Recent Developments

  • In September 2022, a new product called "BryShield" has been introduced by Bry-Air, one of the top producers of desiccant dehumidifiers in India and around the world, to prevent electronic corrosion in small server rooms by removing gaseous contaminants. The novel air filtration system has a beautiful design, is simple to install, and can be mounted efficiently on the ceiling.
  • In March 2022, Xiaomi released the dual-purpose MIJIA Smart Dehumidifier, which can remove up to 22 litres of water from indoor air each day. The Mijia Smart Dehumidifier has a number of modes that let it quickly dry clothes scattered around the room and improve sleep.

Dehumidifier Key Market Trends

  • Desiccant Dehumidification Technology Gaining Traction

Desiccant dehumidification technology, a more recent innovation, is replacing conventional vapour compression systems as a popular trend in the market for cooling and conditioning indoor air. Desiccant-based systems are cost-effective because they remove moisture from the air using low-grade thermal energy. This is particularly true when desiccant regeneration requires readily available thermal energy, electricity is expensive, and the latent load fraction is greater than 25%. Desiccant-based devices can improve indoor air quality both directly and indirectly. As a result of coadsorption by desiccant material, which also removes or kills a variety of bacteria, many indoor air pollutants are directly eliminated. Desiccant systems can prevent microbial growth in ducts and condensate drain pans because there is essentially no water on post-desiccant cooling coils, in drain pans, or in air distribution ducts in humid areas.

Dehumidifier Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Dehumidifier market analysis, the ability of dehumidifiers to stop airborne diseases, relieve allergic symptoms, and enhance skin health is helping to draw in more customers. A large number of brands that concentrate on producing goods using the most recent technology on the market are acting as a growth opportunity. Various companies are developing the Wi-Fi based Humidifier, which can also be easily controlled and connected to Alexa, Google Home, and Home Pod. The need for a dehumidifier that could help improve the air quality is being driven by the growing awareness of the high-risk factor caused by air pollution, which is acting as a driving factor for market expansion.

Report Metric Details
Market size value in 2019 USD 2837.83 million
Market size value in 2031 USD 5478.97 million
Growth Rate 6.8%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Million
Segments covered
  • Product
    • Chemical Absorbent, Heat Pump, Ventilating Dehumidifier
  • Type
    • Desiccant, Refrigerant, Thermoelectric, others
  • Technology
    • Cold Condensation, Sorption, Warm Condensation, others
  • Application
    • Industrial, Commercial, Residential
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Midea Group Co., Ltd.
  • Panasonic Corporation
  • General Filters, Inc.
  • LG Electronics Inc.
  • Honeywell International Inc.
  • Whirlpool Corporation
  • Haier Group Corporation
  • Dantherm A/S
  • Therma-Stor LLC
  • Seibu Giken Co., Ltd.
  • Airwatergreen AB
        Desiccant Technologies Group (DTG)
        Ebac Group Ltd.
        Bry-Air (Asia) Pvt. Ltd.
        De'Longhi Appliances S.r.l.
        Fujitsu General Limited
        Condair Group AG
        Desiccant Rotors International Pvt. Ltd.
        Condair plc
        Trotec GmbH & Co. KG
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Dehumidifier Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Dehumidifier Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Dehumidifier Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Dehumidifier Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Dehumidifier Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Dehumidifier Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Dehumidifier Market size was valued at USD 2837.83 million in 2019 and is poised to grow from USD 3030.8 million in 2023 to USD 5478.97 million by 2031, growing at a CAGR of 6.8% in the forecast period (2024-2031).

dehumidifier market is fragmented due to the presence of prominent and local players who apply various strategies to expand their market share and dominate the market. Some key players include Honeywell International Inc., Whirlpool Corporation, Bry-Air Pvt. Ltd., Seresco Dehumidifiers and Airwatergreen AB. The market's leading players are looking forward to increasing their investments in the creation of advanced devices and fulfill the increasing demand for dehumidifier systems. 'Midea Group Co., Ltd.', 'Panasonic Corporation', 'General Filters, Inc.', 'LG Electronics Inc.', 'Honeywell International Inc.', 'Whirlpool Corporation', 'Haier Group Corporation', 'Dantherm A/S', 'Therma-Stor LLC', 'Seibu Giken Co., Ltd.', 'Airwatergreen AB    Desiccant Technologies Group (DTG)    Ebac Group Ltd.    Bry-Air (Asia) Pvt. Ltd.    De'Longhi Appliances S.r.l.    Fujitsu General Limited    Condair Group AG    Desiccant Rotors International Pvt. Ltd.    Condair plc    Trotec GmbH & Co. KG'

Need for Performance Accuracy to Drive Dehumidifier Market Growth

Desiccant Dehumidification Technology Gaining Traction

North America accounted for the largest share of the dehumidifier market globally and is expected to maintain its dominance during the forecast period. The aggressive construction of warehouses, homes, and commercial buildings is anticipated to fuel the expansion of the local market. Growing public awareness of the benefits of creating a healthier environment is positive for the expansion of the local market. Some of the highest sums ever recorded in the United States were recently spent on private construction, resulting in the development of private homes and non-residential structures. On a list of the 50 biggest construction contractors in the nation, two companies had significant revenue. As a result, the demand for dehumidifiers is increasing, which in turn is propelling market revenue growth.

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