Air Dehumidifier Market Size was estimated at 8.72 (USD Billion) in 2022. The Air Dehumidifier Market Industry is expected to grow from 9.22(USD Billion) in 2023 to 15.1 (USD Billion) by 2032. The Air Dehumidifier Market CAGR (growth rate) is expected to be around 5.64% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Factors like climate change, which leads to humidity and the growth of urbanization, have produced the demand for air dehumidifiers. The availability of advanced devices and the awareness of indoor air quality have also further exacerbated the growth of the market.
Advanced remote control, humidity control, and air purification are some of the adding features that have gained popularity and are providing ease of use and air quality management. The rising incidents of respiratory disorders and allergies also increase the usage of air dehumidifiers, especially in humid countries. Furthermore, the introduction of compact and portable dehumidifiers is aiding in the growth of the market to an unlimited number of places such as homes, offices, and other business activities.
Increasing Demand for Comfort and Convenience
The rising demand for comfortable and convenient living conditions is driving the growth of the Air Dehumidifier Market Industry. Consumers are increasingly seeking ways to improve the air quality in their homes and workplaces, and air dehumidifiers offer an effective solution to control humidity levels and create a more comfortable environment. Air dehumidifiers remove excess moisture from the air, which can help to reduce the risk of mold and mildew growth, improve air quality, and reduce the likelihood of respiratory problems.
Additionally, air dehumidifiers can help to reduce energy costs by reducing the need for air conditioning, as lower humidity levels make it easier to cool a space. The increasing awareness of the benefits of air dehumidifiers is expected to continue to drive market growth in the coming years.
Growing Prevalence of Respiratory Conditions
Moreover, the increase in respiratory conditions, such as asthma and allergies, also influences the growth of the “Air Dehumidifier Market Industry.” This is largely the outcome of an air dehumidifier’s ability to alleviate the symptoms of these conditions by decreasing the level of moisture in the air. As a result, the growth of mold and mildew is also diminished, and the air quality is enhanced. Simultaneously, due to the presence of an air dehumidifier, the number of airborne particles is reduced, thus lessening the risk of respiratory infections.
Given the described factors, the growth of respiratory conditions is destined to remain a driver of the market’s development in the near future.
Rising Demand for Energy-Efficient Appliances
The increasing demand for energy-efficient appliances is also driving the growth of the Air Dehumidifier Market Industry. Consumers are increasingly looking for ways to reduce their energy consumption, and air dehumidifiers offer an effective way to do so. Air dehumidifiers can help to reduce energy costs by reducing the need for air conditioning, as lower humidity levels make it easier to cool a space. Additionally, many air dehumidifiers are now available with energy-saving features, such as programmable timers and automatic shut-off. The increasing demand for energy-efficient appliances is expected to continue to drive market growth in the coming years.
Below is the Air Dehumidifier Market segmentation by capacity. The market reports that different segments have a variety of products delivering diversity and the capacity required by consumers. The first key segment is Below 10 LPD’ which has a high market share due to its affordability and appropriateness for bedroom and bathroom use. The second segment encompasses the product with ’11-20 LPD’ capacity and focuses on medium se spaces, thus providing the right balance of coverage and efficiency. The third segment comprises the 21-30 LPD capacity for lounges and offices, offering efficient dehumidification.
The fourth and last segment collects the products with above-average capacities of 30+ and presents the fastest growth in the capacity segment as it covers industry and factory needs. The revenue in the segment derives from sealed low-density polyethylene and high-density polyethylene dehumidifiers. All these segments accumulate the consistent growth of air dehumidifier market revenue on a level.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
The Air Dehumidifier Market is segmented by application into residential, commercial, and industrial. The residential segment is expected to hold the largest market share in 2023 and is projected to continue to grow at a steady pace over the forecast period. The commercial segment is also expected to grow at a significant rate, driven by the increasing demand for dehumidifiers in offices, retail stores, and other commercial buildings. The industrial segment is expected to grow at a moderate pace, as dehumidifiers are used in a variety of industrial applications, such as manufacturing and food processing.
The Air Dehumidifier Market is segmented by technology into refrigerant-based and desiccant-based. Refrigerant-based dehumidifiers use a refrigerant to condense water vapor from the air, while desiccant-based dehumidifiers use a desiccant material to absorb moisture from the air. In 2023, the refrigerant-based segment accounted for a larger share of the Air Dehumidifier Market revenue due to its lower cost and higher efficiency. However, the desiccant-based segment is expected to grow at a faster rate during the forecast period due to its ability to operate in low-temperature environments and its energy efficiency.
The Air Dehumidifier Market is driven by the increasing demand for dehumidifiers in residential, commercial, and industrial applications. Rising humidity levels due to climate change and the growing awareness of the health benefits of dehumidification are also contributing to the market growth. The market is expected to witness significant growth in the Asia-Pacific region due to the increasing demand for dehumidifiers in countries such as China and India.
The Control Type segment of the Air Dehumidifier Market is categorized into Manual, Automatic, and Smart. In 2023, the Automatic segment held the largest market share, accounting for approximately 45.2% of the revenue. This dominance is attributed to the growing adoption of smart home devices and the increasing demand for energy-efficient appliances. Automatic dehumidifiers offer convenience and ease of use, as they automatically adjust their settings based on the desired humidity level. The Smart segment is anticipated to witness significant growth in the coming years, driven by the rising popularity of IoT (Internet of Things) devices and the integration of smart features in home appliances.
Smart dehumidifiers allow users to remotely control and monitor the device through Wi-Fi or Bluetooth connectivity. This provides added convenience and enables users to optimize the dehumidification process based on their specific needs and preferences. Manual dehumidifiers, on the other hand, require manual adjustments to set the desired humidity level and may be less convenient compared to automatic or smart models. However, they are generally more affordable and suitable for basic dehumidification needs. The market growth for Manual dehumidifiers is expected to remain steady due to their cost-effectiveness and simplicity of use.
North America held the largest share of the Air Dehumidifier Market in 2023, accounting for over 35% of the revenue. The region's high disposable income, increasing awareness of the benefits of air dehumidifiers, and presence of major industry players contribute to its dominance. Europe holds the second-largest market share, driven by rising humidity levels and growing demand for energy-efficient appliances. The APAC region is anticipated to experience significant growth in the coming years due to rising urbanization and increasing disposable income.
South America and MEA are also expected to witness steady growth as consumers become more aware of the benefits of air dehumidifiers in improving indoor air quality.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Major players in the Air Dehumidifier Market industry are constantly innovating and developing new products to meet the changing needs of consumers. Leading Air Dehumidifier Market players are focusing on product development and expansion of their distribution channels to increase their market share. The Air Dehumidifier Market development has been driven by technological advancements and increasing demand for energy-efficient appliances. The Air Dehumidifier Market Competitive Landscape is characterized by the presence of and regional players, with a few major players holding a significant market share. These players are continuously investing in research and development to enhance their product offerings and gain a competitive advantage. They are also expanding their geographical reach and distribution channels to cater to a wider customer base. The industry has witnessed several mergers and acquisitions in recent years as companies seek to consolidate their position in the market.
Among the leading players in the Air Dehumidifier Market, Eureka Forbes is a prominent name with a presence. The company offers a wide range of dehumidifiers catering to various needs, including residential, commercial, and industrial applications. Eureka Forbes has a strong distribution network and offers excellent customer service, which contributes to its strong market position. The company continues to focus on innovation and product development to stay ahead in the competitive market.
Another key player in the Air Dehumidifier Market is Meaco, a UK-based company specializing in the manufacturing of dehumidifiers. Meaco is known for its high-quality and energy-efficient products, and it has a strong presence in the European market. The company offers a wide range of dehumidifiers for different applications and room sizes. Meaco places great emphasis on research and development, and it regularly introduces new products to meet the evolving needs of customers. The company has a strong online presence and offers excellent customer support, further contributing to its market success.
Key Companies in the Air Dehumidifier Market Include
Friedrich
Inofia
Pro Breeze
hOmeLabs
SHARP
Meaco
De'Longhi
SOLEUS AIR
Honeywell
Ivation
GE
Toshiba
LG
Kenmore
Air Dehumidifier Market Industry Developments
The Air Dehumidifier Market, valued at USD 9.22 billion in 2023, is projected to reach USD 15.1 billion by 2032, exhibiting a CAGR of 5.64% during the forecast period. The increasing prevalence of allergies, asthma, and other respiratory ailments is driving the demand for air dehumidifiers as they help remove excess moisture from the air, reducing the growth of mold and mildew. Technological advancements, such as the introduction of smart dehumidifiers with features like remote control and humidity sensors, are further fueling market growth. The rising awareness about the health benefits of maintaining optimal humidity levels is also contributing to the growing popularity of air dehumidifiers.
| Report Attribute/Metric | Details |
| Market Size 2022 | 8.72(USD Billion) |
| Market Size 2023 | 9.22(USD Billion) |
| Market Size 2032 | 15.1(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 5.64% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Friedrich, Inofia, Pro Breeze, hOmeLabs, SHARP, Meaco, De'Longhi, SOLEUS AIR, Honeywell, Ivation, GE, Toshiba, LG, Kenmore |
| Segments Covered | Capacity, Application, Technology, Control Type, Regional |
| Key Market Opportunities | ·      Growing demand for energy-efficient appliances ·      Rising awareness of indoor air quality ·      Government regulations on energy consumption ·      Increasing prevalence of chronic respiratory conditions ·      Technological advancements |
| Key Market Dynamics | Rising demand for energy-efficient appliances, Increasing prevalence of respiratory ailments, Technological advancements in dehumidification systems, Growing awareness of indoor air quality, Expansion of the construction industry |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The air dehumidifier market size was valued at USD 9.22 billion in 2023.
The air dehumidifier market is expected to reach USD 15.1 billion by 2032, exhibiting a CAGR of 5.64% during the forecast period (2024-2032).
North America is expected to dominate the air dehumidifier market throughout the forecast period.
The rising prevalence of respiratory ailments, increasing awareness about the health benefits of air dehumidifiers, and growing disposable income are the key factors driving the growth of the air dehumidifier market.
The key competitors in the air dehumidifier market include Whirlpool, LG Electronics, Midea, Honeywell, and Electrolux.
Air dehumidifiers are primarily used in residential and commercial settings to control humidity levels, prevent mold growth, and improve air quality.
The different types of air dehumidifiers available in the market include refrigerant dehumidifiers, desiccant dehumidifiers, and hybrid dehumidifiers.
The air dehumidifier market is expected to grow at a CAGR of 5.64% during the forecast period (2024-2032).
The high cost of air dehumidifiers and the availability of cost-effective alternatives may challenge the growth of the air dehumidifier market.
The key trends shaping the air dehumidifier market include the rising demand for smart and connected devices, the growing adoption of energy-efficient technologies, and the increasing popularity of portable air dehumidifiers.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Research Analyst Experienced business professional with a demonstrated history of working in the cfnb industry. skilled in market research, and market estimation. strong professional with a masters focused in marketing management.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
