Asia Pacific Dehumidifier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Heat pumps, Ventilating Dehumidifiers, and Chemical Absorbent Dehumidifiers); Application (Industrial, Commercial, and Residential)
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.
Barring few developed countries, Asia Pacific region is still considered to be in developing state. These developing countries do not have required health infrastructure and this led to the increase in the count of recorded cases in 2020. As per the Organization for Economic Co-operation and Development (OECD), the pandemic has affected significant economies such as Australia, India and Japan. Due to inadequate health and medicine facilities, government authorities had to impose restrictions of limited workforce at production sites. Also in some countries, transport of non-essential goods was restricted. Also, as per the Purchasing Managers' Index surveys, manufacturing indices in Indonesia, Vietnam, and the Philippines also fell considerably. Due to restriction of movement from one place to another, many companies gave work from home. Owing to this, demand for residential dehumidifiers is expected to have increased respectively. In 2021, with increasing vaccinations and easing of restrictive measures, various industries have started their operations. Post pandemic, Asia Pacific dehumidifiers market is anticipated to grow promisingly.
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Market Overview and Dynamics
The Asia Pacific dehumidifier market is projected to reach US$ 1,500.2 million by 2028 from US$ 852.2 million in 2021; it is anticipated to grow at a CAGR of 8.4% from 2021 to 2028. The emergence of cloud-based technology that allows the connection of dehumidifiers with smartphones, tablets, and laptops accelerates the market growth. Moreover, improving standard of living and increasing awareness among consumers toward health drive the growth of the dehumidifiers market. A few factors such as increasing energy consumption, growing industrial sector, and rising population are generating air pollution in urban areas. By rising urbanization and growing need for comfortable and healthy environment, populations are getting inclined to use dehumidifiers for eradicating musty odour and humidity from the room/living space. Therefore, rising urbanization, surging disposable income, low air quality, and expenditure on comfort and luxury are a few factors that drive the growth of the dehumidifiers market.
Key Market Segments
In terms of type, the chemical absorbent dehumidifiers segment accounted for the largest share of the Asia Pacific dehumidifier market in 2020. Further, based on application, the commercial segment held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the dehumidifier market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report areHaier Group Corporation, Electrolux AB, LG Electronics, Whirlpool Corporation, De’Longhi Appliances S.r.l., Sunpentown International Inc., Munters, and Resideo Technologies, Inc.
Reasons to Buy Report
- To understand the Asia Pacific dehumidifier market landscape and identify market segments that are likely to guarantee a strong return
- To comprehend the ever-changing market landscape and stay ahead in competition
- To efficiently plan merger and acquisition, and partnership deals in the Asia Pacific dehumidifier market by identifying segments with the most promising probable sales
- To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
- To obtain market revenue forecast of the Asia Pacific dehumidifier market based on various segments for the period 2021–2028
ASIA PACIFIC DEHUMIDIFIER MARKET SEGMENTATION
By Type
- Heat Pumps
- Ventilating Dehumidifiers
- Chemical Absorbent Dehumidifiers
By Application
- Industrial
- Commercial
- Residential
By Country
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
Companies Mentioned
- Haier Group Corporation
- Electrolux AB
- LG Electronics
- Whirlpool Corporation
- De’Longhi Appliances S.r.l.
- Sunpentown International Inc.
- Munters
- Resideo Technologies, Inc.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Dehumidifier Market – By Type
1.3.2 Asia Pacific Dehumidifier Market – By Application
1.3.3 Asia Pacific Dehumidifier market – By Country
2. Asia Pacific Dehumidifier Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Dehumidifier Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinions
4.4 Ecosystem Analysis
5. Asia Pacific Dehumidifier Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption of Dehumidifiers in Commercial Space and Residential Sector
5.1.2 Rapid urbanization and growing disposable income
5.2 Market Restraints
5.2.1 High Installation Costs and High Energy Consumption by Dehumidifier
5.3 Market Opportunity
5.3.1 Growing Demand for Industrial Dehumidifiers
5.4 Market Trend
5.4.1 Emergence of Sophisticated Dehumidifier
5.5 Impact Analysis
6. Asia Pacific Dehumidifier Market – Regional Analysis
6.1 Asia Pacific Dehumidifier Market Revenue Forecast And Analysis
7. Asia Pacific Dehumidifier Market Analysis – By Type
7.1 Overview
7.2 Dehumidifier Market Breakdown, By Type (2020 and 2028)
7.3 Heat Pump
7.3.1 Overview
7.3.2 Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
7.4 Ventilating Dehumidifier
7.4.1 Overview
7.4.2 Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
7.5 Chemical Absorbent Dehumidifiers
7.5.1 Overview
7.5.2 Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Dehumidifier Market Analysis – By Application
8.1 Overview
8.2 Dehumidifier Market Breakdown, By Application (2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Dehumidifier Market – Geographic Analysis
9.1 Asia Pacific: Dehumidifier Market
9.1.1 Overview
9.1.2 Asia Pacific Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)
9.1.2.1 Australia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Australia: Dehumidifier Market, by Type
9.1.2.1.2 Australia: Dehumidifier Market, By Application
9.1.2.2 China: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 China: Dehumidifier Market, by Type
9.1.2.2.2 China: Dehumidifier Market, By Application
9.1.2.3 India: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 India: Dehumidifier Market, by Type
9.1.2.3.2 India: Dehumidifier Market, By Application
9.1.2.4 Japan: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 Japan: Dehumidifier Market, by Type
9.1.2.4.2 Japan: Dehumidifier Market, By Application
9.1.2.5 South Korea: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 South Korea: Dehumidifier Market, by Type
9.1.2.5.2 South Korea: Dehumidifier Market, By Application
9.1.2.6 Rest of Asia Pacific: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Rest of Asia Pacific: Dehumidifier Market, by Type
9.1.2.6.2 Rest of Asia Pacific: Dehumidifier Market, By Application
10. Impact of COVID-19 Pandemic on Asia Pacific Dehumidifier Market
10.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11. Asia Pacific Dehumidifier Market – Industry Landscape
11.1 Overview
11.2 New Development
12. Company Profiles
12.1 Haier Group Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Electrolux AB
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 LG Electronics
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Whirlpool Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 De’Longhi Appliances S.r.l.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sunpentown International Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Munters
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Resideo Technologies, Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Australia: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. India: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. India: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Japan: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. South Korea: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Asia Pacific: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Asia Pacific: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Glossary of Terms, Asia Pacific Dehumidifier Market
LIST OF FIGURES
Figure 1. Asia Pacific Dehumidifier Market Segmentation
Figure 2. Asia Pacific Dehumidifier Market Overview
Figure 3. Chemical Absorbent Dehumidifiers Segment Held Largest Share of Type of Asia Pacific Dehumidifier Market
Figure 4. Asia Pacific Dehumidifier Market – Leading Country Markets (US$ Million)
Figure 5. Asia Pacific PEST Analysis
Figure 6. Dehumidifier Market – Ecosystem Analysis
Figure 7. Asia Pacific Dehumidifier Market Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific Dehumidifier Market – Revenue Forecast And Analysis – 2020- 2028
Figure 9. Dehumidifier Market Breakdown, By Type (2020 and 2028)
Figure 10. Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Dehumidifier Market Breakdown, By Application (2020 and 2028)
Figure 14. Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Asia Pacific: Dehumidifier Market, by Key Country – Revenue (2021) (USD Million)
Figure 18. Asia Pacific Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)
Figure 19. Australia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. China: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. India: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Japan: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. South Korea: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of Asia Pacific: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic on Asia Pacific Dehumidifier Market
- Haier Group Corporation
- Electrolux AB
- LG Electronics
- Whirlpool Corporation
- De’Longhi Appliances S.r.l.
- Sunpentown International Inc.
- Munters
- Resideo Technologies, Inc
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