Dehumidifier Market Report by Product (Chemical Absorbent Dehumidifier, Heat Pump Dehumidifier, Ventilating Dehumidifier), Technology (Cold Condensation, Sorption, Warm Condensation, and Others), Distribution Channel (Offline, Online), End Use (Residentia

Dehumidifier Market Report by Product (Chemical Absorbent Dehumidifier, Heat Pump Dehumidifier, Ventilating Dehumidifier), Technology (Cold Condensation, Sorption, Warm Condensation, and Others), Distribution Channel (Offline, Online), End Use (Residential, Commercial, Industrial), and Region 2024-2032

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.

A dehumidifier is an electrical appliance that removes moisture from the air by condensing it into liquid water. It reduces humidity levels while preventing the growth of allergens, such as dust mites, mold, and mildew. It also keeps bread and cereal fresh without getting stale for a long time. Besides this, it prevents computer equipment, electronics, and tools from corrosion and helps lower energy costs by enabling the air conditioner (AC) to run more efficiently. As a result, it finds extensive applications in electronics and semiconductors, agriculture, pharmaceutical, and food and beverage (F&B) industries across the globe.

Dehumidifier Market Trends:
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 growth of the market. In addition, 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 market. Besides this, stringent energy-efficient standards implemented by governments of numerous countries are catalyzing the demand for energy-efficient dehumidifiers. Additionally, the development of cold storage, warehousing, and pharmaceutical manufacturing units worldwide is offering lucrative growth opportunities to the end-users. Furthermore, key market players are extensively investing in research and development (R&D) activities to enhance the overall product quality, which is projected to increase their overall sales.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global dehumidifier market report, along with forecasts at the global, regional and country level 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

Breakup by Technology:

Cold Condensation
Sorption
Warm Condensation
Others

Breakup by Distribution Channel:

Offline
Online

Breakup by End Use:

Residential
Commercial
Industrial

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

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report

1. What was the size of the global dehumidifier market in 2023?
2. What is the expected growth rate of the global dehumidifier market during 2024-2032?
3. What has been the impact of COVID-19 on the global dehumidifier market?
4. What are the key factors driving the global dehumidifier market?
5. What is the breakup of the global dehumidifier market based on the product?
6. What is the breakup of the global dehumidifier market based on the technology?
7. What is the breakup of the global dehumidifier market based on the end use?
8. What are the key regions in the global dehumidifier market?
9. Who are the key players/companies in the global dehumidifier market?