A home dehumidifier is a machine used to remove excess moisture from the air to improve comfort and health. Dehumidifiers remove heat from the air, which also loses its ability to retain moisture, and the cooler surface of the dehumidifier draws and collects moisture from the air. In an average home with a temperature of 68 degrees Fahrenheit, the ideal relative humidity would be between 30% and 50%.
According to the new market research report "Household Dehumidifiers - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Household Dehumidifiers market size is projected to grow from USD 1709.7 million in 2023 to USD 2279.6 million by 2029, at a CAGR of 4.91% during the forecast period.
- Global Household Dehumidifiers MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Household Dehumidifiers - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers:
- E-commerce provides rapid development: the online promotion of humidifiers covers a wide area, and consumers are not restricted by time and geography when purchasing products. The transaction efficiency is high and the convenience is strong; the sales cost of online promotion of humidifiers is low and the promotion effect lasts for a long time. long. Various humidifier companies are gradually accelerating the transformation of sales channels and connecting with major e-commerce platforms to promote the growth of humidifier sales.
- Consumers’ health awareness continues to increase: Humidity is an important indicator of indoor air comfort and one of the important factors affecting consumers’ quality of life. As the disposable income of Chinese residents has increased in recent years, consumers have become more health-conscious and have increasingly higher requirements for indoor air quality. Life quality-improving products such as humidifiers have been widely accepted and favored by Chinese consumers.
- National industrial policy support: Home appliances are an important economic pillar industry in my country. National policies encourage the healthy and sustainable development of green and smart home appliances. The country promotes home appliances going to the countryside. Rural areas have become more and more aware of small home appliances. This has a great impact on small home appliances. consumption provides the basis for continued growth.
Restraint:
- Consumption level limit: The principle of dehumidifier is similar to that of air conditioner and the cost of materials used is also similar. Taking ordinary dehumidifier as an example, the cost of a dehumidifier with 20L/D dehumidification capacity is equivalent to that of a 1-horsepower air conditioner. In addition, due to market demand Small, it is difficult to form a scale advantage in production, resulting in its price being similar to that of air conditioners, making it difficult for consumers to accept.
- Trade friction: The trade war launched by the United States has caused many uncertainties to the dehumidifier industry, which is mainly export-oriented. External risks have intensified, which is not conducive to the healthy development of the industry.
- Insufficient technological innovation: Judging from the functions of almost all smart dehumidifiers currently available, most of them are relatively simple. Some smart dehumidifiers are even just hyping the concept of smartness. In this regard, dehumidifiers still have a lot to improve.
- Global Household Dehumidifiers Top10Players Ranking and Market Share（Continually updated）
Source: QYResearch, "Household Dehumidifiers - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
This report profiles key players of Household Dehumidifiers such as Midea, Gree, Songjing, Deye, Panasonic, etc.
In 2022, the global top five Household Dehumidifiers players account for 32.75% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Household Dehumidifiers.
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