PUBLISHER: TechSci Research | PRODUCT CODE: 1073057
PUBLISHER: TechSci Research | PRODUCT CODE: 1073057
India dehumidifiers market stood at USD132.05 million in 2021 and is expected to register a steady CAGR of 5.90% in the forecast period, 2023-2027. Rapid urbanization and industrialization, coupled with the growing prevalence of respiratory disorders, are driving the demand for India dehumidifier market. Also, the continuous evolution in technology and the changing consumer preference toward branded products are expected to play a significant role in boosting market growth in the coming years.
India is witnessing massive economic activities due to the country's ongoing industrialization and urbanization. There is an increase in pollution levels due to the release of greenhouse gases and other harmful pollutants into the environment, degrading the air quality. Poor air quality gives rise to a number of airborne diseases and respiratory disorders such as asthma and tuberculosis, which adversely affect an individual's health. The rapidly growing disposable income of the consumers enables them to afford a quality lifestyle and advanced equipment for better health. Also, several humid regions in the country boost the growth of mold, fungus, and dust mites as the microorganisms reproduce and survive more quickly in humid and warm environments. These microorganisms can affect an individual's health by entering the human body through food or contact. The dehumidifier removes the bacteria and fungus as well as humidity from the air, which is one of the major reasons for their high demand among consumers.
The India dehumidifier market is segmented into type, coverage area, regional distribution, and competitive landscape. Based on coverage area, the market is divided into less than 1000 sq. ft, 1000-2000 sq. ft, more than 2000 sq. ft. The 1000-2000 sq. ft. segment led the market by accounting for a 39.67% share of the overall market and is expected to witness the fastest and highest market share in the forecast period, 2023-2027. The high demand for the dehumidifier in this range from the residential sector as the consumers prefer to construct larger rooms for daily living purposes is expected to drive the market demand over the forecast period.
Bry-Air (Asia) Pvt. Ltd., Swastik Refrigeration, Amfah India Trading Pvt. Ltd., Honeywell India Private Limited, Ahata Industries, Dewdry Engineers Pvt Ltd, Drytech Industries, Powerpye Electronics, Condair Group AG, Drycool Systems India (Pvt.) Ltd, Eva-Dry, etc., are the major market players operating in the India dehumidifier market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of dehumidifier manufacturing companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the vendors which could not be identified due to the limitations of secondary research.
TechSci Research calculated the India dehumidifier market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as dehumidifier manufacturing companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India dehumidifier market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Desiccant
Refrigerant
Less Than 1000 sq. ft
1000-2000 sq. ft
More Than 2000 sq. ft
South
North
West
East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India dehumidifier market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information