Portable Air Humidifier and Dehumidifier Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

A humidifier is a device that increases moisture in a room. A dehumidifier is an electrical appliance that reduces and maintains the level of moisture in the air, usually for health and comfort reasons.

Key Highlights

• The main factors driving market growth include - economic growth, population growth, rapid urbanization, and the introduction of new technologies.
• Air humidifiers are installed in healthcare buildings to maintain the optimum levels of humidity, offering prevention from dryness and respiratory illness in individuals. Also, these are installed in industries, such as cold storages, printers, and paper manufacturers, to prevent dryness, paper curl, and shrinkage.
• As a household appliance, dehumidifiers are also used to eliminate musty odor, which can affect health. Large dehumidifiers are generally used in commercial buildings, such as shopping malls, to keep humidity levels in check.
• Low maintenance and quiet operation are the key factors positively influencing the market.

Key Market Trends

Air Humidifier is Dominating the Market

The growth of the construction industry is driving the growth of the segment. Increasing construction activities for residential buildings, hospitals, schools, and departmental stores witnessed a rise over the past few years. The need to maintain enhanced surrounding quality in commercial buildings, including offices and malls, will enhance product demand. The product application increases the durability of paints and wallpapers, as the dry climate can lead to peeling and gap openings in wooden enclosures. Easy installation and low energy consumption of these devices make them suitable for a single room will improve product penetration over the forecast timeframe. The low cost of the product compared to counterparts is improving the consumer preference for residential applications. However, the product requires constant cleaning to avoid bacteria in the reservoir.

Asia-Pacific is Expected to Witness the Highest Growth

The Asia-Pacific region is expected to dominate the global market due to the high demand for these products in China, India, and Japan, among others. The market witnessed rapid growth, as humidifiers and dehumidifiers have gained popularity owing to their compatibility and user-friendliness features. In addition, the emerging economies in the region, rapid urbanization, and an expanding middle-class population drive the market. North America is a matured region, owing to the technological advancements and widespread awareness.

Competitive Landscape

The report covers major international players operating in the Portable Air Humidifier and Dehumidifier Market. Some of the key players in the market are Danby, Guardian Technologies LLC, Honeywell International Inc, Newell Brands, Whirlpool and others. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support