DUBLIN--(BUSINESS WIRE )--The "New Zealand Residential Dehumidifier Market, By Type (Refrigerant, Desiccant), By Price Segment (Low (Less Than USD300), Medium (USD300-USD500), High (More Than USD500)), By Sales Channel (General Trade, Modern Trade), By Region, Competition Forecast & Opportunity, 2027" report has been added to ResearchAndMarkets.com's offering.

The New Zealand Residential Dehumidifier Market stood at USD35.68 million in the year 2021, which is anticipated to grow at a CAGR of 6.02% during the forecast period, 2023-2027, to reach a market value of USD50.06 million by 2027F.

The New Zealand Residential Dehumidifier Market is segmented by type, price segment, sales channel, region and competitional landscape.

The rising demands for dehumidifiers from residential areas and increasing disposable income of the population is driving the growth of the New Zealand Residential Dehumidifier Market in the upcoming five years. Also, rain and climatic changes are the major factors responsible for the surging demands of residential dehumidifiers, as average rainfall in the country is high and evenly distributed throughout the year.

Regionally, northern and central New Zealand receives more rainfalls in the winter season as compared to the summers. Southern region of the country receives heavier rains in summer and less rainfall in winters. With heavy rains all throughout the year in different regions, the demand for dehumidifiers is rapidly increasing and the market is thus anticipated to register impressive growth in the future.

Moreover, dehumidifiers also play a vital role in removing the bacterial and mold-forming microorganisms and decreasing the room's moisture and humidity. The device collects the moisture and releases it in the form of water outside the room, thus maintaining the dryness and cooler environment in the room.

Based on weightage and room size, the dehumidifiers are selected, and growing hospitality industry, rising number of hotels, motels, and residential complexes, the demand for residential dehumidifiers is increasing and supporting the market growth in the next five years.

Major market players in the dehumidifier industry that led market growth

Years considered for this report:

New Zealand Residential Dehumidifier Market, By Type:

New Zealand Residential Dehumidifier Market, By Price Segment:

New Zealand Residential Dehumidifier Market, By Sales Channel:

New Zealand Residential Dehumidifier Market, By Region:

Dampness in New Zealand Homes

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900