Europe Dehumidifier Market Size, Share & Trends Analysis Report By Product (Portable, Fixed), By Technology (Refrigerative, Desiccant), By Application (Residential, Industrial), By Country, And Segment Forecasts, 2023 - 2030

Market Size & Trends

The Europe dehumidifier market size was valued at USD 873.2 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. Rising awareness among consumers regarding the maintenance of a healthy lifestyle at home and the workplace is anticipated to increase the demand for dehumidifiers as well as other humidity control systems, such as air conditioners and HVAC systems. Suppliers and distributors focus on integrating cutting-edge manufacturing technologies while providing manufacturers with a wide choice of customized items.

In addition, providers put a high priority on supplying producers with high quality that has been thoroughly evaluated for durability, corrosion resistance, and effective operation. A rise in demand for dehumidifiers in Germany can be ascribed to the increased awareness about health and fitness across populations. Customers are concerned about maintaining a healthy living environment at home, which increases the need for dehumidifiers to improving indoor air quality. Furthermore, due to an increase in allergy susceptibility of adults and infants, household dehumidifiers are gaining market traction. Dehumidifiers are primarily installed to reduce humidity in a finite space.

They decrease absolute humidity to lower relative humidity by removing water from the air. The market is growing as a result of the rising consumer preference for better air quality at home. Dehumidifiers were once indispensable in commercial and industrial buildings and have become crucial devices in modern residential buildings for preserving a particular moisture level. The dehumidification industry is changing due to technologies including Artificial Intelligence (AI), the Internet of Things (IoT), remote control access, and automated control systems. Customers are seeking timely information and practical ways to increase productivity and save maintenance and production expenses.

Due to factors, such as rapid industrialization, rising infrastructure investments, unpredictable meteorological conditions, and a preference for comfort and indoor air quality, the dehumidifier industry has seen considerable growth in the previous decade. Component manufacturers work with OEMs and raw material suppliers to ensure a steady supply of raw materials for production. While in some cases, certain inputs are sent to manufacturers directly as raw materials to be further processed, in other situations, suppliers engage in extensive processing and provide parts to producers in accordance with their needs. Many vendors provide raw materials; however, due to domestic and global economic situations, their pricing can be very erratic.

Technology Insights

The desiccant dehumidifiers segment led the market and accounted for 55.8% of the overall revenue share in 2022. Furthermore, the segment is expected to register the fastest CAGR of 6.7% during the forecast years. Desiccant dehumidifiers are systems that draw moist air through compartments made of desiccant materials, such as silica gel, glycols, and halide salt solutions. These devices are widely used and accepted in industrial and commercial applications in Europe that require specific humid conditions for food processing, storage and warehousing industry, and pharmaceutical manufacturing.

They are also installed in waterworks facilities and supermarkets. The expansion of manufacturing units, warehouses, water treatment facilities, and lithium-ion battery production plants in Europe is anticipated to drive the demand for desiccant dehumidifiers in the region. Refrigerative dehumidifiers are used for dehumidification purposes in industrial, commercial, and residential applications as they are economical and easy to operate. The growth of the refrigerative technology segment can be attributed to the ongoing product innovations and the launch of new products in the region.

Many manufacturers of refrigerative dehumidifiers invest in research and development activities related to effective technology to enhance their revenue growth through new product launches. The growing awareness among consumers in the region regarding the high operational efficiency of electronic/heat pump dehumidifiers is anticipated to fuel their demand in the coming years. Moreover, an increase in innovations and research & development activities for launching suitable electronic/heat pump dehumidifiers with a desired relative humidity that can operate in different temperatures is fueling the growth of this segment of the market.

Product Insights

The fixed dehumidifier segment led the market and accounted for 56.9% of the overall revenue in 2022. The growth of the segment is attributed to the growing number of manufacturing facilities, storage and warehousing, semiconductor fabrications, restaurants, and hotels across Europe. Growth in electronic devices and smart gadgets is resulting in the need for semiconductors fabrication facilities. For the operation of these facilities, humidity control plays a very crucial role; this is expected to drive the adoption of dehumidification systems. Thus, rising demand for fixed dehumidifiers for such manufacturing facilities is anticipated to drive segment growth over the forecast period.

Furthermore, the rising number of water and wastewater treatment plants is also anticipated to augment the market growth over the forecast period. Wastewater treatment plants face problems of corrosion due to the condensation of water droplets on the metal parts, which requires dehumidifiers to reduce moisture content. There are several new plants under construction across Europe. The portable dehumidifiers market is expected to register the fastest CAGR of 6.8% during the forecasted years. Portable devices can be easily moved from one location to another without any specific attachment to the duct, although an optional duct can be provided.

Portable systems are commonly used in residential as well as some commercial applications, such as hotels, restaurants, and healthcare facilities. The growing demand for portable dehumidifiers in colder regions of Europe is anticipated to propel the segment growth. Countries with colder climates, such as Germany, the UK, and France, need a heating system to maintain warm temperatures. Heating increases humidity, which often results in the growth of mold and dust mites. The high moisture content also corrodes metal parts. This can be avoided with the use of a portable dehumidifier and it is one of the main factors driving the demand for portable systems in the market.

Application Insights

The industrial application segment led the market and accounted for 45.4% of the overall revenue in 2022. The segment growth is attributed to the expansion of industrial manufacturing. The growing population is creating an increased need for processed foods, clothes, medicines, and other consumer goods. This growing requirement is, in turn, expected to boost the need for new manufacturing facilities and further drive the demand for dehumidifiers. The growth of the commercial segment is attributed to the growing HoReCa industry facilitated by the café culture and rising preference for eating out among the population. This is estimated to drive the growth of the commercial sector and boost product demand in commercial spaces.

For instance, according to the Coldwell Banker Richard Ellis Group Inc. (CBRE Group Inc.), European commercial real estate investment is anticipated to witness a 5% growth in 2022, with the corporate offices market across Europe taking positive momentum over the forecast period. This momentous growth of investment in commercial real estate is expected to boost the demand for dehumidifiers over the forecast period. The residential segment is likely to grow at a CAGR of 6.9% over the forecast period. Dehumidifiers are used for residential applications in bathrooms, basements, kitchens, bedrooms, and storage rooms. In Europe, winter temperatures go very low and heating leads to high humidity in the air, thus effective dehumidification systems are important.

Country Insights

Germany led the market and accounted for a share of over 25.1% of the overall revenue in 2022 and is expected to grow at a CAGR of 7.1% during the forecast years. Rising inflation has diminished the purchasing power of households, thus, impeding the recovery of private consumption. In 2021, the German economy struggled to achieve a growth rate of 2% due to global supply bottlenecks in intermediate items, which prevented the local sector from accelerating despite healthy domestic and foreign demand. Dehumidifiers are especially useful near the end of commercial and residential building projects when teams are installing the finishing touches. These machines help ensure that the staff gets the work done correctly the first time.

Furthermore, portable dehumidifiers are widely employed in the construction business to efficiently extract dry flooring, water, walls, and lumber. As a result, the rising construction industry in Germany is expected to drive the market demand for dehumidifiers throughout the forecast period. The successful vaccine rollout in the UK is expected to bolster the country’s plans for an economic rebound. According to the World Bank, the UK was the fifth-largest country in the world and the second-largest country in Europe, in terms of GDP, in 2021. Major industries in the country include automobile, aerospace, oil & gas, and construction.

Dehumidifiers reduce the moisture content of the surrounding air while maintaining Relative Humidity (RH) at a constant level during production, storage, and packing to preserve the freshness of processed food and improve the quality for a longer period. Food’s moisture content influences its taste, look, and shelf life. Correctly managing the air moisture and humidity inside a food and beverage manufacturing plant will not only result in the optimization of production processes but will also result in a sanitary and safe working environment. The growing food and beverage industry is expected to boost product demand over the forecast period.

Key Companies & Market Share Insights

The market is characterized by intense competition owing to the presence of privately and publicly held companies. Dehumidifier manufacturers adopt several strategies including mergers, acquisitions, joint ventures, new product developments, and geographical expansions to enhance their market penetration and cater to the changing technological demand for equipment from various end-use industries, such as residential, commercial, and industrial. For instance, in May 2020, De’Longhi expanded its home comfort and kitchen categories. It launched the De’Longhi 3-in-1 Portable Air Conditioner EX390, which is very efficient (saving up to 30% on energy), has whisper-level sound, and a Cool Surround feature that uses remote sensing technology to provide comfort. Some of the prominent players in the Europe dehumidifier market include:

• De’Longhi Appliances S.r.l.

• Condair Group

• Airwatergreen AB

• AprilAire

• General Filters, Inc.

• Honeywell International Inc.

• GE Appliances

• Munters

• LG Electronics, Inc.

• Seibu Giken DST AB

• Whirlpool Corporation

• Wood’s SE

Europe Dehumidifier Market Report Scope

Europe Dehumidifier Market Report Segmentation

This report forecasts revenue growth and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this report, Grand View Research has segmented the Europe dehumidifier market 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

  • Fixed

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

  • Residential

  • Commercial

  • Industrial

• Country Outlook (Revenue, USD Million, 2018 - 2030)

  • UK

  • Germany

  • France

  • Italy

  • Spain