Dehumidifier Market Industry Insights, Trends, and Forecasts to 2029
The Dehumidifier Market is expected to be growing at a growth rate of 7.25% in the forecast period of 2022 to 2029 and is likely to reach the USD 5.38 billion by 2029. Industry Analysis A dehumidifier is an electrical appliance that is specifically designed to remove excess moisture from the air. Desiccant, refrigerant, and others are involved under the most common types of dehumidifiers. The upsurge in the demand for dehumidifier in restaurants, hotels and cold storages with the purpose of reducing food wastages caused due to humid air is likely to drive the dehumidifier market. Furthermore, increase in the construction activities, rise in the level of disposable income of consumers and changing climate conditions will cushion the growth rate of dehumidifier market. In addition to this, other factors such as the increasing need of continuous cleaning and maintenance, rapidly growing industrialization and rise in the requirement for energy efficient products will ac...