How Has the Dehumidifiers Market Size Evolved in Recent Years?
The dehumidifiers market has seen considerable growth due to a variety of factors.
• The market for dehumidifiers has seen robust growth in the past few years. The market value is projected to rise from $4.71 billion in 2024 to $5.02 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 6.5%.
The previous growth is tied to the increase in disposable income and a surge in the establishment of shopping centers.
How Will The Dehumidifiers Market Size Evolve In The Foreseeable Future?
The dehumidifiers market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations indicate that the dehumidifiers market is poised for robust expansion in the coming years, and it's projected to reach $6.32 billion by 2029 with a compound annual growth rate (CAGR) of 6.0%.
Factors contributing to the growth in this forecast period are rising urbanization, an increase in spending on comfort and luxury items, the escalating need for energy-efficient products, a population surge, an expanded use of dehumidifiers in food packaging and processing, and strict regulations on air pollution in industrial and commercial sectors. Going forward, the market trends to observe include increased investment in IoT-enabled dehumidifiers, a focus on chemical absorbent dehumidifiers, the emergence of customizable dehumidifiers, collaborations or partnerships with power plants, and heightened investment in climatic devices.
Which Drivers Are Accelerating Growth In The Dehumidifiers Market?
The surge in disposable income has supported the expansion of the dehumidifiers market. Having a higher disposable income implies the availability of more funds for household expenditure, resulting in a surge in the acquisition of goods, particularly those associated with health benefits. According to the Organisation for Economic Co-operation and Development (OECD), the annual average household net adjusted disposable income per capita across OECD countries stands at $30,563. The escalation in disposable income stirred a demand in consumer spending, consequently propelling the market growth of dehumidifiers during the period.
What Are The Core Segments Of The Globa Dehumidifiers Market?
The dehumidifiers market covered in this report is segmented –
1) By Product Type: Chemical Absorbent, Heat Pump, Ventilating Dehumidifier
2) By Application: Commercial, Industrial, Residential
3) By Technology: Cold Condensation, Sorption, Warm Condensation, Other Technologies
Subsegments:
1) By Chemical Absorbent: Desiccant Dehumidifiers, Lithium Chloride Dehumidifiers, Molecular Sieve Dehumidifiers
2) By Heat Pump: Refrigerant Heat Pump Dehumidifiers, Compact Heat Pump Dehumidifiers, Whole-House Heat Pump Dehumidifiers
3) By Ventilating Dehumidifier: Energy Recovery Ventilators (ERV), Heat Recovery Ventilators (HRV), Exhaust Ventilation Dehumidifiers
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Which Emerging Trends Are Reshaping The Dehumidifiers Market?
There is a growing trend amongst dehumidifier producers to incorporate Climatix into their devices, indicating a potential shift within the dehumidifier market. Climatix utilises advanced tech to provide cost-efficient and effective control over heating, ventilation, and air conditioning equipment (HVAC). It is engineered specifically for heating or cooling applications and blends effortlessly into any building automation system. An example of this is Munters who use Climatix to enhance the efficiency of their dehumidifier units.
Who Are the Key Players in the Dehumidifiers Market?
Major companies operating in the dehumidifiers market include:
• The Munters Group
• Electrolux AB
• Delonghi Appliances S.R.L
• Haier Smart Home Co. Ltd
• LG Electronics Inc
• Resideo Technologies Inc.
• Therma-Stor LLC
• Whirlpool Corporation
• Dantherm AS
• Seibu Giken DST AB
• Daikin Industries Ltd.
• Panasonic
• Xiaomi Corporation
• Coway
• Samsung Electronics Co.Ltd
• Solenco
• Midea
• TCL Corporation
• Sanyo Electric
• Hysure
• Condair
• Sunbeam Products Inc.
• YADU
• Little Swan
• Homelabs LLC company
• Pure Enrichment
• Frigidaire
• Thermomatic Group
• Bridgeport
• Kiwi Energy
• Norman Wright Mechanical Equipment Corporation. Inc.
• Alessa Industries Co
• Indus International FZC
• Maico Gulf L.L.C
• Zamil Air Conditioners
• CFW environmental
• GMC aircon
What are the Regional Insights into the Dehumidifiers Market?
Asia-Pacific was the largest region in the dehumidifiers market in 2024. North America was the second largest region in the global dehumidifiers market. The regions covered in the dehumidifiers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
