According to IMARC Group latest published report, titled “Humidifiers Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” that the global humidifiers market size reached US$ 2.07 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.92 Billion by 2027, exhibiting at a CAGR of 5.94% during 2022-2027.
Market Size in 2022: US$ 2.92 Billion
Growth Rate: CAGR of 5.94% from 2022 to 2027
Market Outlook: 2022-2027
Humidifiers are appliances that are used for increasing or maintaining humidity in a room or building. By adding moisture to the air, they treat dryness of the skin, lips, and throat and prevent skin irritation, inflammation, nose bleeding, and sinus congestion. Their usage also aids in making the environment less conducive to cold and flu germs, thereby reducing the symptoms of chronic obstructive pulmonary disease (COPD). They also help in nourishing indoor plants as well as maintaining a safe electric environment by decreasing static electricity. As a result, these appliances are widely used in homes, corporates, institutional buildings, hospitals, data centers, concert halls, museums, art galleries and shopping complexes.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Some of the key players being: Honeywell International Inc. (HON), Newell Brands, Procter & Gamble Company (The) (PG) , BONECO, Condair Group AG, Carel Industries S.p.A., Dyson Ltd., Humidifirst, Inc., Crane USA, De’Longhi Appliances S.r.l, Heaven Fresh USA Inc., and UCAN CO., LTD.
Market Trends and Drivers:
Due to the degrading air quality on a global level along with the growing consciousness among masses about the adverse effects of pollutants present in the air, users are shifting towards humidifiers to improve the air quality of their homes and offices. Furthermore, technological developments have increased the requirement of moisture control to eliminate the generation of static electricity on compact discs, computer storage, and other electronic devices. On account of this, the sales of industrial ultrasonic humidifiers have increased significantly. Moreover, the introduction of smart humidifiers has also influenced the growth of the market. These appliances assist users by enabling them to regulate the relative humidity levels of their homes and offices through their smartphones and mobile devices.
Explore full report with table of contents: https://www.imarcgroup.com/humidifiers-market
Key Insights from the report:
- Based on product types, warm-mist humidifiers are the most popular product type. Other major classifications include ultrasonic, cool-mist, and other humidifiers.
- On the basis of distribution channels, the market has been bifurcated into offline and online retail stores.
- Based on applications, the market has been divided into industrial, residential, and commercial segments. The residential sector currently holds the majority of the total market share.
- On the geographical front, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Currently, North America accounts for the dominant market share.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.