Global Dehumidifiers Market Size, Share And Growth Analysis For 2024-2033

The Business Research Company's Dehumidifiers Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LONDON, GREATER LONDON, UK, July 19, 2024 /EINPresswire.com/ -- The dehumidifiers market has experienced robust growth in recent years, expanding from $4.42 billion in 2023 to $4.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to rise in disposable income and an increase in the construction of shopping malls.

Strong Future Growth Anticipated
The dehumidifiers market is projected to continue its strong growth, reaching $5.97 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to rising urbanization, growing expenditure on comfort and luxury, growing need for energy-efficient products, increasing population growth, growing adoption of the dehumidifier in food packaging and processing, and stringent regulation on industrial and commercial sector air pollution.

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Growth Driver Of The Dehumidifiers Market
The increasing number of warehouses is expected to propel the growth of the dehumidifiers market going forward. A warehouse is a type of commercial space essential to the supply chain since it is used extensively in sectors like manufacturing and distribution to store raw materials and completed items. Dehumidifiers are used in warehouses to remove excess moisture from the air and help to protect stored goods by keeping the humidity at a safe level.

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Major Players And Market Trends
Key players 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,.
Major companies operating in the dehumidifier market are focusing on developing innovative products, such as high-efficiency dehumidifiers, to provide reliable services to customers. A high-efficiency dehumidifier is a device that removes moisture from the air in a way that uses less energy than a traditional dehumidifier.

Segments:
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

Geographical Insights: Asia-Pacific Leading The Market
The Asia-Pacific was the largest region in the dehumidifiers market in 2023. 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

Dehumidifiers Market Definition
Dehumidifiers are electrical appliances used to reduce and maintain the level of humidity in the air, usually for health or comfort reasons. It also eliminates a musty odor and prevents the growth of mildew by extracting water from the air. Only goods and services traded between entities or sold to end consumers are included.

Dehumidifiers Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Dehumidifiers Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on dehumidifiers market size, dehumidifiers market drivers and trends, dehumidifiers market major players, dehumidifiers competitors' revenues, dehumidifiers market positioning, and dehumidifiers market growth across geographies. The dehumidifiers market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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