Europe 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.
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.
Get more information on this report :
Market Overview and Dynamics
The Europe dehumidifier market is projected to reach US$ 1,390.8 million by 2028 from US$ 920.0 million in 2021; it is anticipated to grow at a CAGR of 6.1% from 2021 to 2028. Individuals are transforming their homes into smart homes with latest technologies and devices. The reason behind the strong adoption of technology is supportive infrastructure and strong economies. Owing to strong purchasing power of populace in countries the customers are now preferring for premium level products backed by high disposable income. Increased focus of customers on the sophisticated products is helping the market players to introduce premium, advanced, and customized products. Growing concerns related to healthy lifestyle with supporting gadgets created a new trend of Wi-Fi & touch screen dehumidifiers.
Key Market Segments
In terms of type, the chemical absorbent dehumidifiers segment accounted for the largest share of the Europe 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 Europe 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 Europe 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 Europe 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 Europe dehumidifier market based on various segments for the period 2021–2028
EUROPE DEHUMIDIFIER MARKET SEGMENTATION
By Type
- Heat Pumps
- Ventilating Dehumidifiers
- Chemical Absorbent Dehumidifiers
By Application
- Industrial
- Commercial
- Residential
By Country
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
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 Europe Dehumidifier Market – By Type
1.3.2 Europe Dehumidifier Market – By Application
1.3.3 Europe Dehumidifier market – By Country
2. Europe Dehumidifier Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Dehumidifier Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinions
4.4 Ecosystem Analysis
5. Europe 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. Europe Dehumidifier Market – Regional Analysis
6.1 Europe Dehumidifier Market Revenue Forecast And Analysis
7. Europe 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. Europe 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. Europe Dehumidifier Market – Geographic Analysis
9.1 Europe: Dehumidifier Market
9.1.1 Overview
9.1.2 Europe Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)
9.1.2.1 Germany: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Germany: Dehumidifier Market, by Type
9.1.2.1.2 Germany: Dehumidifier Market, By Application
9.1.2.2 France: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 France: Dehumidifier Market, by Type
9.1.2.2.2 France: Dehumidifier Market, By Application
9.1.2.3 Italy: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Italy: Dehumidifier Market, by Type
9.1.2.3.2 Italy: Dehumidifier Market, By Application
9.1.2.4 UK: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 UK: Dehumidifier Market, by Type
9.1.2.4.2 UK: Dehumidifier Market, By Application
9.1.2.5 Russia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Russia: Dehumidifier Market, by Type
9.1.2.5.2 Russia: Dehumidifier Market, By Application
9.1.2.6 Rest of Europe: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Rest of Europe: Dehumidifier Market, by Type
9.1.2.6.2 Rest of Europe: Dehumidifier Market, By Application
10. Impact of COVID-19 Pandemic on Europe Dehumidifier Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Europe 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. Germany: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 3. France: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Italy: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. UK: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Russia: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Europe: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Glossary of Terms, Europe Dehumidifier Market
LIST OF FIGURES
Figure 1. Europe Dehumidifier Market Segmentation
Figure 2. Europe Dehumidifier Market Overview
Figure 3. Chemical Absorbent Dehumidifiers Segment Held Largest Share of Type of Europe Dehumidifier Market
Figure 4. Europe Dehumidifier Market – Leading Country Markets (US$ Million)
Figure 5. Europe PEST Analysis
Figure 6. Dehumidifier Market – Ecosystem Analysis
Figure 7. Europe Dehumidifier Market Impact Analysis of Drivers and Restraints
Figure 8. Europe 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. Europe: Dehumidifier Market, by Key Country – Revenue (2021) (USD Million)
Figure 18. Europe Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)
Figure 19. Germany: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. France: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Italy: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. UK: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Russia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of Europe: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic on Europe Dehumidifier Market
- Haier Group Corporation
- Electrolux AB
- LG Electronics
- Whirlpool Corporation
- De’Longhi Appliances S.r.l.
- Sunpentown International Inc.
- Munters
- Resideo Technologies, Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe dehumidifier market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe dehumidifier market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.