Dehumidifier Market

Global Dehumidifier Market:

The global dehumidifier market size reached US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032. The rising awareness about air quality, the increasing construction and infrastructure development, and ongoing technological advancements are primarily driving the market's growth.

Dehumidifier Market Analysis:

• Major Market Drivers: The increasing utilization of dehumidifiers in households to control moisture and prevent the growth of bacteria and mold represents one of the key factors driving the market. Moreover, there is a rise in the demand for dehumidifiers in industrial sectors to reduce moisture. This, along with rapid industrialization and the escalating demand for energy-efficient products across the globe, is bolstering the dehumidifier market growth.
• Key Market Trends: There is an increase in the demand for advanced portable dehumidifiers with automatic temperature and humidity sensing capabilities. This, coupled with the rising need to quickly dry plasters and slabs and maintain humidity levels in real-estate hardware stores, is positively influencing the dehumidifier market share. Besides this, stringent energy-efficient standards implemented by governments of numerous countries are catalyzing the demand for energy-efficient dehumidifiers.
• Competitive Landscape: Some of the prominent dehumidifier market companies 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, among many others.
• Geographical Trends: According to the dehumidifier market dynamics, North America dominates the overall market. The adoption of smart home technologies in the region is influencing the demand for smart dehumidifiers that can be integrated into connected ecosystems, allowing users to control humidity levels through mobile apps and voice assistants.
• Challenges and Opportunities: The high initial cost of advanced dehumidifiers and limited awareness among people about indoor air quality are hampering the dehumidifier market share. However, governments and consumers are increasingly focused on reducing energy consumption and carbon footprints. This creates an opportunity for manufacturers to develop and market energy-efficient dehumidifiers that comply with evolving energy standards and appeal to environmentally conscious buyers.
   

Dehumidifier Market Trends:

Rising Humidity Levels

Global climate change is leading to shifts in weather patterns, resulting in higher temperatures and increased moisture levels in many regions. As warmer air holds more moisture, regions that previously had moderate humidity levels are now experiencing higher and more frequent humidity. For instance, according to an article published by Forbes, during a May 2022 heatwave, regions of India experienced WBGTs of 33°C. Even in cities where temperatures have not increased since 2001, relative humidity has risen by 8% in Delhi and 10% in Hyderabad. This has driven the demand for dehumidifiers, especially in regions with extreme weather changes. These factors are expected to propel the dehumidifier market share in the coming years.

Expanding E-Commerce Sector

The expanding e-commerce sector is one of the key factors contributing to the market's growth. For instance, according to IMARC, the global e-commerce market size reached US$ 21.1 Trillion in 2023. Looking forward, IMARC Group expects the market to reach US$ 183.8 Trillion by 2032, exhibiting a growth rate (CAGR) of 27.16% during 2024-2032. The growth of e-commerce has made it easier for consumers to purchase dehumidifiers, providing wider access to product options, reviews, and price comparisons.  These factors further positively influence the dehumidifier market size.

Product Innovations

Continuous innovations, such as compact and portable dehumidifiers, quieter models, and smart dehumidifiers units with lower global warming potential, are driving market growth by offering consumers and businesses more options that suit their specific needs. For instance, in May 2024, Nature's Miracle Holdings Inc., a vertical farming technology and infrastructure provider, launched the efinity brand smart dehumidifier. Efinity dehumidifiers use the R-32 AIM (American Innovation and Manufacturing Act) standard, which decreases the use of hydrofluorocarbons (HFCs) and has a lower global warming potential (GWP), thereby boosting the dehumidifier market growth.

Global Dehumidifier Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global dehumidifier market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product, technology, distribution channel, and end use.

Breakup by Product:

• Chemical Absorbent Dehumidifier
• Heat Pump Dehumidifier
• Ventilating Dehumidifier
   

Chemical absorbent dehumidifier exhibits a clear dominance in the market

The report has provided a detailed breakup and analysis of the dehumidifier market based on the product. This includes a chemical absorbent dehumidifier, heat pump dehumidifier, and ventilating dehumidifier. According to the report, chemical absorbent dehumidifier represented the largest market segmentation.

According to the dehumidifier market outlook, chemical absorbent dehumidifiers can function effectively in environments with low temperatures and low humidity levels. This makes them ideal for cold storage, freezers, and other low-temperature environments where refrigerant dehumidifiers struggle to work efficiently. In line with this, cold regions or industries that require precise humidity control at low temperatures, such as pharmaceuticals, food processing, and electronics, prefer chemical dehumidifiers because of their superior performance under such conditions.

Breakup by Technology:

• Cold Condensation
• Sorption
• Warm Condensation
• Others
   

Sorption currently holds the largest market share

The report has provided a detailed breakup and analysis of the dehumidifier market based on the technology. This includes cold condensation, sorption, warm condensation, and others. According to the report, sorption represented the largest market segmentation.

According to the dehumidifier market overview, sorption-based dehumidifiers perform efficiently in environments with low temperatures and low humidity levels, where traditional refrigerant-based systems may fail. This makes sorption technology ideal for applications such as cold storage, freezers, and industries that operate in colder climates. Moreover, many pharmaceutical products are sensitive to moisture, requiring precise humidity control during production and storage. Sorption technology is commonly used to ensure compliance with industry standards and maintain product quality.

Breakup by Distribution Channel:

• Offline
• Online
   

The report has provided a detailed breakup and analysis of the dehumidifier market based on the distribution channel. This includes offline and online.

Many customers prefer purchasing dehumidifiers through offline stores where they can see and experience the product firsthand. In-store demonstrations allow customers to understand the functionality, noise level, size, and design, which helps them make more informed purchase decisions. While the rise of e-commerce platforms like Amazon, Walmart.com, and specialist online retailers has made it easier for consumers to purchase dehumidifiers online. Convenience, 24/7 availability, and home delivery are major factors driving the growth of online sales.

Breakup by End Use:

• Residential
• Commercial
• Industrial
   

Currently, industrial accounts for the majority of the total market share

The report has provided a detailed breakup and analysis of the dehumidifier market based on the end use. This includes residential, commercial, and industrial. According to the report, the industrial represented the largest market segmentation.

Industrial dehumidifiers are critical for maintaining product quality in industries where moisture can affect the texture, taste, stability, or shelf life of products. For instance, in the food and beverage sector, high humidity can cause mold growth, spoilage, and product degradation, particularly for items like dried foods, powdered products, and packaging materials. Moreover, many industrial environments use machinery and equipment that are vulnerable to corrosion and rust when exposed to high humidity levels. Dehumidifiers help prevent moisture-related damage to industrial machinery, reducing maintenance costs and extending equipment lifespan.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

North America currently dominates the global market

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America currently dominates the global market.

According to the dehumidifier market statistics, the increasing awareness about the impact of indoor air quality on health is a major driver of dehumidifier demand in North America. Poor indoor air quality, coupled with excess humidity, can lead to mold growth, dust mites, and other allergens, which exacerbate respiratory conditions such as asthma and allergies. Moreover, the commercial sector, including offices, hotels, and retail spaces, is increasingly adopting dehumidifiers to ensure comfortable and healthy indoor environments for employees and customers. Indoor air quality and climate control have become priorities, particularly in spaces like gyms, hotels, and spas, which are prone to excess moisture.

Competitive Landscape:

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market companies have also been provided. Some of the key players in the 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
• Therma-Stor LLC
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Dehumidifier Market Recent Developments:

• September 2024: Meaco introduced the MeacoDry Arete Two, their most intelligent dehumidifier ever. The MeacoDry Arete Two, which features a new LCD display and mobile app control, helps improve air quality and reduce dampness in a very quiet and energy-efficient manner.
• May 2024: Nature's Miracle Holdings Inc., a vertical farming technology and infrastructure provider, launched the efinity brand smart dehumidifier. Efinity dehumidifiers use the R-32 AIM (American Innovation and Manufacturing Act) standard, which decreases the use of hydrofluorocarbons (HFCs) and has a lower global warming potential (GWP).
• February 2024: Xiaomi launched the MIJIA Smart Dehumidifier 22L in China. The MIJIA Smart Dehumidifier 22L contains a five-layer noise reduction system and a 4.5L water tank. It also has a dehumidification capacity of 22 L per day.

Dehumidifier Market Report Scope:

Key Benefits for Stakeholders:

• IMARC's report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the dehumidifier market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global dehumidifier market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the dehumidifier industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.