Dehumidifier Market Size, Share & Trends Analysis Report By Technology (Refrigerative Dehumidifier, Desiccant Dehumidifier), By Product (Portable, Fixed), By Application, By Region, And Segment Forecasts, 2024 - 2030

Dehumidifier Market Size & Trends

The global dehumidifier market size was estimated at USD 3,190.2 million in 2023 and is anticipated to grow at a CAGR of 7.2% from 2024 to 2030. Dehumidifiers comprise the equipment or systems used to reduce humidity by eliminating the water vapor content from the air. Dehumidifiers are widely used for comfort or health reasons. They are also used to remove water from confined areas such as attics and basements or to prevent mold, dampness, and musty odors in crawl spaces.

Allergens such as mold, mildew, and dust mites thrive in high humidity, making it challenging for individuals with chronic lung diseases to breathe in such conditions. As a result, dehumidifiers are being widely adopted in homes to control moisture and maintain humidity levels inside the house, thereby increasing the demand for dehumidifiers post-pandemic.

In the U.S., the market is expected to witness significant growth over the forecast period. The U.S. Environmental Protection Agency (EPA) recommends a relative humidity in the range of 30% and 50% ideal for homes and plays a vital role in public health. This has led to a rise in demand from the residential sector as homeowners are increasingly paying attention to indoor air quality.

Drivers, Opportunities & Restraints

The food, pharmaceutical, electronics, automotive, and chemical manufacturing industries are growing worldwide due to increasing demand. Some specific manufacturing has a strict limit for the relative humidity and moisture in the air, which requires a dehumidifier. The market is poised to witness significant growth due to the increasing demand from the industrial sector.

Construction activities in commercial and residential sectors are rising with the growing demand for living spaces, offices, hospitals, shopping malls, and business centers, among others. The time taken to construct a building is generally six to nine months, and the building materials are dried using natural ventilation. Dehumidifiers assist contractors and construction managers in accelerating the completion of construction projects, thus driving the demand for efficient dehumidifiers in the market.

The rising health consciousness of the masses is influencing the growth of fitness centers, sports arenas, and swimming pools. A dehumidifier is very important at these centers to keep the moisture level low, avoid dampness, and protect equipment from damage. The market is expected to register growth owing to increased demand from fitness centers.

In the market, demand for energy-efficient dehumidifiers is increasing, driven by the standards implemented by various governments. The U.S. Department of Energy (DOE) updated the energy standard for dehumidifiers in 2019. With this standard in effect, all new dehumidifiers will be rated with IEF value by the new test, which more closely reflects the performance in basement settings.

Industry Dynamics

The industry growth stage is medium, with an accelerating pace. The market is characterized by a high degree of innovation, which is attributable to the rapid technological advancements. Moreover, market players are adopting organic and inorganic growth strategies, such as product launches, geographical expansions, mergers & acquisitions, and collaborations, to strengthen their position in the global market.

Regulations play a significant role in shaping the global dehumidifiers industry dynamics. Equipment codes and regulations govern the quality, safety, performance, and sustainability of dehumidifiers. The market is characterized by a high degree of fragmentation with the presence of various regional and local manufacturers.

Innovations in technology and product offerings are influencing the global market by impacting consumer purchasing behavior. Some recent innovations in the market include the introduction of a user-friendly interface, incorporation of smart features, and remote distance control through Bluetooth.

The market is characterized by strategic mergers and acquisitions, with an increasing degree of consolidation in the global or regional market. The key market players are opting for this strategy to enter new geographical markets or to strengthen their presence in the market.

Technology Insights

“The demand for desiccant dehumidifier segment is expected to grow at a significant CAGR of 7.4% from 2024 to 2030 in terms of revenue.”

The desiccant dehumidifier segment dominated the global market for dehumidifiers in 2023 with the largest revenue share. A desiccant dehumidifier is used in a wide variety of industries to remove excess moisture and improve the efficiency of the process and the quality of the product. It can be employed in industries where low RH values are required, such as food, pharmaceutical, and electronic industries.

The electronic/heat pump dehumidifier segment is expected to register the second-largest growth over the forecast period. The use of electronic/heat pump dehumidifiers to improve residential air quality and store goods and materials is gaining momentum. Increasing awareness among consumers about the high efficiency of products is likely to boost demand in the market.

Application Insights

“The demand for residential application segment is expected to grow at a significant CAGR of 7.5% from 2024 to 2030 in terms of revenue.”

The industrial segment dominated the market revenue share in 2023. A dehumidifier is used in the industrial sector for various applications such as drying products, controlling relative humidity, and removing excess moisture. The growth in the manufacturing industry, warehousing, and water treatment plants is likely to drive segment growth.In January 2022, America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (COMPETES) Act was introduced, which focuses on empowering small and medium-scale entrepreneurs and manufacturers. This is significantly anticipated to drive industrial growth and, in turn, boost the demand for dehumidifiers in the industrial segment over the forecast period.

The residential sector is anticipated to witness the fastest CAGR over the forecast period. With the use of a dehumidifier, indoor air quality can be improved as well as prevent any growth of bacteria and mold that could pose a health risk. The increasing health consciousness among consumers is expected to boost the demand for dehumidifiers.

Product Insights

“The demand for portable segment is expected to grow at a significant CAGR of 7.4% from 2024 to 2030 in terms of revenue.”

The fixed segment held the largest revenue share in the global dehumidifier market in 2023. A fixed or mounted dehumidifier is preferred widely in various applications in the commercial, industrial as well as residential sectors. Such fixed dehumidifiers continuously operate and offer drying solutions for rooms with high relative humidity. The fixed dehumidifiers available in the market can be mounted or fixed on walls & ceilings and inside crawl spaces. This type of dehumidifier is widely used in a system where dehumidification for large rooms is required such as drying rooms, storage rooms, archives, production facilities, and leisure centers.

The portable segment is expected to grow at the fastest CAGR over the forecast period. Portable products work without the attachment of ducting within the space, requiring dehumidification. The portable segment growth is significantly driven by the rising demand from the residential sector. Rising health consciousness and the importance of indoor air quality are influencing consumer purchasing behavior, with increased interest in products for moisture control in the home.

Regional Insights

“India is expected to witness the fastest CAGR of 8.0% over the forecast period.”

The North America dehumidifier market accounted for 36.3% of revenue share in 2023, with the largest demand from the U.S. market. The extensive industrial manufacturing, the strong establishment of commercial businesses, and growing awareness among the homeowners attributed to the large share. Over the forecast period, new product launches and continuous industrial growth are likely to drive regional market growth.

U.S. Dehumidifier Market Trends

The dehumidifier market in the U.S. is anticipated to grow significantly over the forecast period. The growth of construction activities in the country is likely to drive the growth of dehumidifiers over the forecast period. According to the Associated General Contractors (AGC) of America, the construction industry plays a vital role in driving the U.S. economy. In the first quarter of 2023, over 919,000 construction establishments were operating across the nation.

Europe Dehumidifier Market Trends

The dehumidifier market in Europe is driven by factors such as the ongoing development of the real estate industry, changes in weather conditions, an increase in disposable income, and an increasing awareness of healthy and comfortable living. There are several European standards for HVAC systems in both residential and non-residential environments. The EN 16798 series is the most essential from the standpoint of buildings. Their primary focus is always on room air quality and air hygiene.

The Germany dehumidifier market is expected to significantly grow over the forecast period. Germany has the continent's greatest building stock and is Europe's major construction market. Revenues in the industry climbed by 5.9% to USD 143 billion in 2020. Further increase in investments in the construction industry is likely to drive the growth of the market over the forecast period.

The dehumidifier market in the UK is anticipated to witness positive growth with a CAGR of 7.0%, owing to government initiatives in the construction industry and rising consumer demand for residential portable dehumidifiers. In September 2021, the government announced its National Infrastructure and Construction Pipeline, which includes an investment worth USD 762.0 billion for infrastructure development projects for the next ten years.

Asia Pacific Dehumidifier Market Trends

The Asia Pacific dehumidifier market is expected to grow significantly over the forecast period, owing to the increased construction activity in India and China. Furthermore, the rising demand for smart buildings, growing awareness about air quality, and increased consumer disposable income are likely to have a positive impact on the market growth over the forecast period.

China dehumidifier market held the largest revenue share in 2023, accounting for share of 43.9% in the Asia Pacific region. The ongoing resilience is expected to result in high investments, robust economic recovery, growth in disposable income, and expansion of the industrial sector, in turn boosting the dehumidifier market growth. Various industries such as semiconductors, automotive, and lithium-ion batteries are continuously expanding in China, which is creating the demand for new dehumidifiers.

The dehumidifier market in India is anticipated to witness positive growth with a CAGR of 8.0%, owing to industrial growth. Rising industrial output is expected to drive the dehumidifier market over the forecast period. Foreign direct investments in the industrial sector in India are rising owing to favorable economic conditions. For instance, in September 2022, Vedanta announced its first chip factory in Gujarat with a total investment of USD 20 billion. This is likely to have a positive impact on the growth of the dehumidifier market.

Central & South America Dehumidifier Market Trends

The Central & South America dehumidifier market is anticipated to grow over the forecast period. The Central & South America economy is expected to grow with the rising FDI from the western countries with the lucrative market conditions. The growth in the Brazil and Argentina competitive industrial sector is poised to increase the demand for dehumidifiers over the forecast period.

Brazil dehumidifier market accounted for significant market share in 2023 in the region. High investment in the industrial sector is likely to fuel the market growth with the increasing demand for dehumidifiers for humidity control at manufacturing sites. For instance, in November 2022, BYD, a Chinese car manufacturer, announced to set up a manufacturing facility for electric cars and other battery components in Bahia, Brazil.

Middle East & Africa Dehumidifier Market Trends

The dehumidifier market in Middle East & Africa is anticipated to grow at a CAGR 7.4% over the forecast period. This is significantly attributed to the growth of the non-oil sector in Arabian countries. The governments in these countries are increasingly investing in industrial manufacturing, which is expected to drive the demand for dehumidifiers over the forecast period.

The dehumidifier market in South Africa is anticipated witness strong growth over the forecast period. Numerous manufacturing industries such as food, pharmaceutical, and lithium have presence in South Africa. These industries require dry rooms or areas with low humidity to store manufactured goods because excess humidification may result in poor hygiene and subsequent damage to the product.

Key Dehumidifier Company Insights

Some of the key players operating in the market include Munters Group, GE Appliances, a Haier Company, Danby Products Ltd., and Honeywell International Inc.

• Honeywell International Inc. operates through four business segments, namely aerospace, performance Materials & Technologies, Honeywell Building Technologies, and Safety & Productivity Solutions. The dehumidifier products are offered under the business segment, The Honeywell Building Technologies division.

• GE Appliances, is a subsidiary company of Haier Company. It is engaged in the manufacturing and distribution of household equipment.It is engaged in the manufacturing and distribution of household equipment, including dehumidifiers.

CondAir Group, LG Electronics Inc.,De’Longhi Appliances S.r.l, Bry-Air Inc., etc. are some of the emerging market participants in the market.

• De’Longhi Appliances S.r.l is engaged in design, manufacture, and distribution of home appliances. It has categorized its business into coffee, cooking, and air conditioning & home care. The air treatment solutions include dehumidifiers for residential applications. The company also provides tailored dehumidifier products.

• Bry-Air Inc. is a provider of high-temperature waste heat recovery plastics, drying and conveying, gas phase filtration, dehumidifiers, dry room, and energy smart cooling using waste heat.

Recent Developments

• In December 2023, Xiaomi launched smart dehumidifier. The new product is 13L Mijia Smart Dehumidifier with efficient and quiet performance for moisture control. It also features 360 degrees air outlet to ensure maximum coverage for dehumidification.

• In June 2024, CondAir Group announced investment of USD 57.2 million in Richmond, U.S. for a new production facility in Chesterfield County. The facility is set to become operational in early 2025 and will be engaged in production of evaporative technology including commercial humidifiers, evaporative cooling equipment, and dehumidifiers.

Dehumidifier Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 3,388.0 million
Revenue forecast in 2030	USD 5,129.5 million
Growth Rate	CAGR of 7.2% from 2024 to 2030
Historical data	2018 - 2023
Forecast period	2024 - 2030
Quantitative units	Revenue in USD million/billion and CAGR from 2024 to 2030
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered	Technology, product, application, region
Region scope	North America, Europe, Asia Pacific, Central & South America, Middle East & Africa,
Country Scope	U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, South Korea, Saudi Arabia, South Africa, Brazil, Argentina
Key companies profiled	LG Electronics Inc.; Honeywell International Inc.; Haier Company; De’Longhi Appliances S.r.l.; Whirlpool Corporation; Munters Group; CondAir Group ; Bry-Air Inc.; Stulz GmbH; and Danby Products Ltd.
Customization scope	Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Dehumidifier Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global dehumidifier market report based on technology, product, application, and region:

• Technology Outlook (Revenue, USD Million; 2018 - 2030)

  • Refrigerative Dehumidifier

  • Desiccant Dehumidifier

  • Electronic/Heat Pump Dehumidifier

• Product Outlook (Revenue, USD Million; 2018 - 2030)

  • Portable Dehumidifier

  • Fixed Dehumidifier

• Application Outlook (Revenue, USD Million; 2018 - 2030)

  • Residential

  • Commercial

    • Fitness Centers & Swimming Pool

    • HoReCa

    • Other

  • Industrial

    • Warehouse & Storage

    • Manufacturing

    • Other

• Regional Outlook (Revenue, USD Million; 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • South Africa