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The global dehumidifier market was valued at US$ 3.83 Billion in 2021.
We expect the global dehumidifier market to exhibit a CAGR of 6.3% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt in numerous production activities for dehumidifiers.
The increasing popularity of dehumidifiers to control moisture and prevent the growth of bacteria and mold, as it removes moisture and reduces humidity level in the air, is primarily driving the global dehumidifier market.
Based on the product, the global dehumidifier market can be categorized into chemical absorbent dehumidifier, heat pump dehumidifier, and ventilating dehumidifier. Currently, chemical absorbent dehumidifier exhibits clear dominance in the market.
Based on the technology, the global dehumidifier market has been segmented into cold condensation, sorption, warm condensation, and others. Among these, sorption technology currently holds the largest market share.
Based on the end use, the global dehumidifier market can be bifurcated into residential, commercial, and industrial. Currently, the industrial sector accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global dehumidifier market include AB Electrolux, Condair Group AG, Danby, DeLonghi Appliances S.r.l, General Filters Inc., Hitachi Ltd., Honeywell International Inc., Midea Group, Panasonic Corporation, Research Products Corporation, TCL Technology, and Therma-Stor LLC.
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