New York – US Competitors in the Market, Munters, Airwatergreen AB, Therma-Stor LLC, De’Longhi Appliances S.r.l, Frigidaire, Honeywell International, Inc., GE Appliances, a Haier company, General Filters, Inc., Other Prominent Players

The global dehumidifier market size was US$ 3.9 billion in 2021. The global dehumidifier market is forecast to grow to US$ 7.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 7.0% during the forecast period from 2022 to 2030. 

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Dehumidifiers are highly used in households to control the moisture content in the ambient air and prevent bacteria growth. Thus, these uses of dehumidifiers will contribute to the growth of the market. In addition, the applications of these devices in the industrial environments to control the quality of the production will surge the growth of the market.

Growing initiatives by government bodies to boost industrialization will benefit the global dehumidifier market.

The increasing number of innovative launches will contribute to the growth of the global dehumidifier market. For instance, in June 2019, Honeywell International, Inc. unveiled a new line of dehumidifiers.

The devices are not only user-friendly but also integrate various safety features, such as low maintenance usability. Such advancements are likely to upsurge the demand for dehumidifiers during the analysis period.

The growing establishment of warehousing units and the increasing demand for cold chain logistics to fulfill the demand for food, medicines, and other perishable products will upsurge the demand for dehumidifiers.

The global dehumidifier market has witnessed various obstacles due to the pandemic. It reduced industrial and commercial activities. In addition, the previously growing demand for smart infrastructure suddenly took a downturn. Thus, it hampered the growth of the global dehumidifier market. Furthermore, the manufacturers of dehumidifiers observed various challenges primarily due to the shortage of raw materials and bans on international trade. Thus, all of these factors negatively affected the dehumidifier market.

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North America is forecast to hold the largest share in the global dehumidifier market. It is due to the growing construction of warehouses, increasing residential establishments, and commercial buildings. In addition, rising awareness among individuals to establish a healthier ambient environment will contribute to the growth of the dehumidifier market.

The Asia-Pacific dehumidifier market is forecast to grow at the highest growth rate due to growing industrialization in emerging economies like China, India, and Japan. Furthermore, increasing disposable income and rising demand for a healthier ambient environment will benefit the regional dehumidifier market.

The rising population and increasing demand for warehousing units and cold chain logistics, in order to fulfill the food and medicines demands of the citizens, will benefit the regional dehumidifier market.

The global dehumidifier market segmentation focuses on Product, Technology, Application, and Region.

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What are the key findings of the report?

•This report provides comprehensive information on factors expected to influence the market growth and market share in the future. •The report offers the current state of the market and future prospects for various geographical regions. •This report provides both qualitative and quantitative information about the competitive landscape of the market.

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