Europe Dehumidifier Market Size, Segment and Growth by Forecast Period: (2022-2028)
Market Overview and Dynamics
The Europe
dehumidifier market is expected to grow from US$ 920.0 million in 2021 to
US$ 1,390.8 million by 2028, registering a compound annual growth rate (CAGR)
of 6.1% during the forecast period. The rising adoption of smart home
technologies is a key driver of this growth. Supported by robust infrastructure
and strong economic conditions, consumers across Europe are increasingly
integrating advanced devices into their households.
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High disposable incomes and strong purchasing power in many
European countries are fueling demand for premium and technologically
sophisticated products. This trend is encouraging manufacturers to introduce
advanced, customizable dehumidifiers that align with consumer preferences for
smart living. Additionally, growing awareness around health and wellness is
driving demand for dehumidifiers equipped with features such as Wi-Fi
connectivity and touchscreen interfaces.
Key Market Segments
- By
Type:
The chemical absorbent dehumidifiers segment accounted for the largest market share in 2020, indicating strong preference for these products in moisture-prone environments. - By
Application:
The commercial segment held the largest share of the market in 2020, driven by rising demand across sectors such as healthcare, hospitality, and data centers.
Major Sources and Key Companies
This report draws on a range of primary and secondary
sources, including company websites, annual and financial reports, national
government publications, and statistical databases.
Prominent companies profiled in the report include:
- Haier
Group Corporation
- Electrolux
AB
- LG
Electronics
- Whirlpool
Corporation
- De’Longhi
Appliances S.r.l.
- Sunpentown
International Inc.
- Munters
- Resideo
Technologies, Inc.
Reasons to Purchase This Report
- Gain
a clear understanding of the Europe dehumidifier market landscape and
identify high-potential segments.
- Stay
competitive by tracking evolving market trends and consumer preferences.
- Make
informed decisions about mergers, acquisitions, and strategic partnerships
by targeting the most promising segments.
- Leverage
in-depth analysis to assess market performance across product and
application categories.
- Access
accurate revenue forecasts by segment for the period 2021–2028 to support
strategic planning and investment.
Market Introduction
This research report on the “Dehumidifier Market” provides a
holistic view of the market size across major regions. The report further
elucidates the key driving factors, restraints, growth opportunities, and
future trends pertaining to the market growth.
Moreover, the rapid urbanization and growing disposable
income is expected to bolster the market growth during the forecast period.
In 2020, the impact of COVID-19 differed from country to
country across the European region. In the region, major countries which were
affected by the pandemic of COVID-19 are the United Kingdom, Russia, Italy,
France, Germany, and Spain. Due to surging number of recorded cases, some of
these countries had to impose strict and longer lockdown along with social
isolation. Because of the robust healthcare system, western European countries
were relatively less affected. In order to protect the citizens from the virus,
the European government authorities made all the required investments for
incorporating respective technologies in the healthcare systems to help
identify signs of the virus. As per the estimates by the United Nations World
Tourism Organization, tourism sector in EU alone is suffering losses of
approximately EUR 1 billion per month. Thus, the demand for dehumidifiers used
at various hotels, lodges, and resorts declined considerably. Further, in 2021,
with the ongoing vaccination process and uplifting of lockdown, dehumidifiers
market is recovering gradually.
Europe Dehumidifier Strategic Insights
Strategic insights for the Europe Dehumidifier provides
data-driven analysis of the industry landscape, including current trends, key
players, and regional nuances. These insights offer actionable recommendations,
enabling readers to differentiate themselves from competitors by identifying
untapped segments or developing unique value propositions. Leveraging data
analytics, these insights help industry players anticipate the market shifts,
whether investors, manufacturers, or other stakeholders. A future-oriented
perspective is essential, helping stakeholders anticipate market shifts and
position themselves for long-term success in this dynamic region. Ultimately,
effective strategic insights empower readers to make informed decisions that
drive profitability and achieve their business objectives within the market.
key company profiles
Haier Group Corporation
Electrolux AB
LG Electronics
Whirlpool
Corporation
De’Longhi
Appliances S.r.l.
Sunpentown
International Inc.
Munters
Regional Insights – Europe Dehumidifier Market
The geographic scope of the Europe dehumidifier market encompasses the specific regions where companies operate and compete. To succeed in this diverse landscape, it is essential to recognize and adapt to local variations—such as consumer preferences for plug types, battery backup features, and energy efficiency—as well as differing economic conditions and regulatory requirements. Tailoring products and strategies to these regional nuances enables businesses to tap into underserved markets, optimize resource allocation, and implement more effective, localized marketing efforts. This targeted approach enhances competitive positioning and drives sustainable growth across key European regions.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Dรฉfense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications
Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights
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