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During the forecast period, the humidifiers market is estimated to expand at a CAGR of 5.3%. Growing awareness of the negative consequences of dry air and poor indoor air quality is driving the global market. A humidifier increases air humidity while reducing dryness in the area. Most humidifiers are used in cold places to help dry up the rooms while also assisting in the removal of viruses. Humidifiers have a wide range of uses in the industrial, healthcare, and household markets. The market has been divided into four segments: product type, mode of sale, application, and geography. Cool-mist humidifiers are market leaders based on the product type, while the worldwide market is presided over by the residential sector, based on application segment. A variety of issues, such as preserving a healthy, pathogens-free indoor environment, alleviating breathability, alleviating skin irritation, and others, are growing demand for humidifiers.
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Humidifiers are becoming indispensable in many industries where maintaining a consistent level of moisture is critical. In the healthcare industry, for example, hospitals use a variety of medical ventilators, which typically incorporate humidifiers, to increase the level of comfort for patients. Furthermore, developing static electricity problems in the textile, printing, and automotive industries are growing demand for industrial humidifiers. Furthermore, manufacturers are creating ultra-modern humidifiers that can run on their own for up to 18 hours. A variety of extra features, such as empty tanks, automated emergency exit, color changeable 3D illumination, self-contained weather moisture adjustment, and others, are intended to increase humidifier marketability. Increasing respiratory difficulties, technological advancements, more awareness, and so on are some of the primary factors supporting market progress.
The Consumer Product Safety Commission, in the United States, recently warned customers about the potential health risks linked with unclean humidifiers. The CPSC stated that the growth of fungi and bacteria can cause lung difficulties, which is especially problematic for asthma patients. Humidifiers are expensive and necessitate the expertise of a professional for installation, handling, and maintenance. The high level of maintenance required by these gadgets is a major factor influencing their acceptance. The maintenance needs of humidifiers restrict their application in both home and commercial settings. Furthermore, some humidifiers, particularly warm mist humidifiers, have the potential to catch fire if left in an improper environment, restricting their widespread use.The unusual COVID-19 epidemic has also had a significant impact on the humidifier market due to a variety of issues like factory closures, raw material shortages, labor shortages, and so on.
Based on regional segmentation, the Humidifiers market is segmented into North America, Latin America, Europe, Asia Pacific, the Middle East and Africa, and the rest of the globe. North America dominates the global humidifiers market. The region’s dominance is due to technological improvement. In extreme weather conditions such as extreme cold, snowfall, and so on, humidifiers are regarded to be highly effective in maintaining a healthy and pleasant humidity level. As a result, end-user demand for humidifiers in North America is steadily expanding. The Asia Pacific is expected to grow at the fastest rate during the forecast period. Concerns about personal health are increasing as disposable income rises, fueling the growth of the humidifier industry in this region. There is a high demand for air humidifiers in Europe due to the cold and dry weather conditions, as well as greater consumer awareness of the benefits of humidification systems.
Dyson, Philips, Armstrong International, Procter & Gamble, Carrier and DriSteem, Honeywell International, Vornado Air, Neptronic, and Nortec Humidity are the major participants in the humidifiers market. Players have employed a range of marketing techniques to stay competitive in the worldwide humidifier market, including new product launches, growth, joint ventures, and acquisitions.
Key Market Movements
- Increased awareness about indoor air quality is the key factor driving the market.
- High cost and maintenance have been the main restraints.
- North America is the leading market, however, Asia Pacific is growing significantly.
- Consumer Product Safety Commission, in the United States, recently warned customers about the potential health risks linked with unclean humidifiers.
- The key players include Carel Industries, Dyson, Philips, Armstrong International, Procter & Gamble, Carrier and DriSteem, Honeywell International, Vornado Air, Neptronic, and Nortec Humidity.
- The key strategy of these companies includes research and development, mergers, acquisition, and product launches.
The Humidifiers market segmentation
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2019-2029 |
| Base Year | 2020 |
| Forecast Period | 2021-2029 |
| Historical Year | 2019 |
| Unit | USD Million |
| Segmentation | Product Type Segment (2019-2029; US$ Mn) |
| Installation Type Segment (2019-2029; US$ Mn) | |
| Mode of Sale Segment (2019-2029; US$ Mn) | |
| Application Segment (2019-2029; US$ Mn) | |
| Region type Segment (2019-2029; US$ Mn) | |
| Global Impact of Covid-19 Segment (2020-2021; US$ Mn) |
*Detailed segments are available on the report page
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