The Air Dehumidifier Market is Predict to reach USD 4.3 Billion by 2031, at a CAGR of 6.2%

06-May-2024 | Report Format: Electronic (PDF)

Air Dehumidifier Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Air Dehumidifier Market size is expected to reach $4.3 billion by 2031, rising at a market growth of 6.2% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,688.19 thousand units, experiencing a growth of 12.9% (2020-2023).

The Online segment is exhibiting a CAGR of 7% during (2024 - 2031). Online purchasing offers convenience and flexibility to consumers, allowing them to browse, shop, and place orders at any time of the day or night without the constraints of traditional store hours. This flexibility accommodates busy lifestyles and provides a seamless shopping experience, increasing customer satisfaction and loyalty. For instance, the Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users.

Air Dehumidifier Market Size - By Region

The Large Capacity segment is registering maximum revenue in the Global Air Dehumidifier Market by Capacity in 2023; thereby, achieving a market value of $2.1 billion by 2031. Large-capacity dehumidifiers are essential for commercial and industrial settings, such as warehouses, manufacturing facilities, data centers, and storage areas, where humidity levels need to be controlled over a large area. They are also necessary for maintaining the proper humidity levels in indoor swimming pools, spas, and recreational facilities to prevent mold and corrosion. Large-capacity dehumidifiers are used for drying purposes in various commercial applications, such as painting, plastering, and concrete curing, where controlling humidity levels is critical for the success of the project.

The Mobile Dehumidifier segment would exhibit a CAGR of 6.6% during (2024 - 2031). Mobile dehumidifiers are often more affordable than built-in or whole-house dehumidification systems, making them accessible to more consumers. Their relatively low upfront cost and ease of installation appeal to homeowners, renters, and businesses seeking cost-effective humidity control solutions. Mobile dehumidifiers require minimal installation and setup, making them suitable for do-it-yourself (DIY) enthusiasts and individuals without specialized technical skills. Users can plug in the unit, adjust the settings as needed, and enjoy reduced humidity levels and improved indoor air quality.

The High Range segment is generating highest revenue in the Global Air Dehumidifier Market by Price Range in 2023; thereby, achieving a market value of $1.9 billion by 2031. High-range dehumidifiers typically come with advanced controls and settings that allow for precise customization of humidity levels, fan speeds, timers, and other parameters. This level of control enables users to tailor the dehumidification process to specific requirements, ensuring optimal comfort and air quality. High-range dehumidifiers are designed to effectively manage humidity levels in large spaces, such as entire homes, commercial buildings, industrial facilities, and other expansive environments.

The Commercial segment is experiencing a CAGR of 6.6% during (2024 - 2031). Commercial establishments such as offices, hotels, restaurants, and retail stores prioritize creating a comfortable and healthy indoor environment for employees, customers, and guests. Air dehumidifiers improve indoor air quality by removing excess moisture, reducing allergens, controlling odors, and promoting a clean, fresh, and inviting atmosphere conducive to productivity, satisfaction, and patronage. Proper humidity control is crucial for preserving goods, materials, and artifacts in commercial settings such as warehouses, storage facilities, museums, and archives.

Full Report: https://www.kbvresearch.com/air-dehumidifier-market/

The North America region dominated the Global Air Dehumidifier Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.5 billion by 2031. The Europe region is anticipated to grow at a CAGR of 5.9% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 6.8% during (2024 - 2031).

List of Key Companies Profiled

  • Sharp Corporation
  • AB Electrolux
  • Whirlpool Corporation
  • De’Longhi Group
  • LG Electronics, Inc. (LG Corporation)
  • Honeywell International, Inc.
  • Haier Smart Home Co., Ltd. (Haier Group Corporation)
  • Munters Group AB
  • Condair Group AG
  • Midea Group Co., Ltd.

Air Dehumidifier Market Report Segmentation

By Sales Channel (Volume, Thousand Units, USD Billion, 2020-2031)

  • Offline
  • Online

By Capacity (Volume, Thousand Units, USD Billion, 2020-2031)

  • Large Capacity
  • Medium Capacity
  • Small Capacity

By Type (Volume, Thousand Units, USD Billion, 2020-2031)

  • Fixed Dehumidifier
  • Mobile Dehumidifier
  • Mini Dehumidifier

By Price Range (Volume, Thousand Units, USD Billion, 2020-2031)

  • High Range
  • Mid Range
  • Low Range

By Application (Volume, Thousand Units, USD Billion, 2020-2031)

  • Industrial
  • Commercial
  • Residential

By Geography (Volume, Thousand Units, USD Billion, 2020-2031)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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