Middle East and Africa Dehumidifier Market

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.

The UAE, Saudi Arabia, Morocco, Egypt, and Kuwait are some of the significant countries which faced the economic ill effects of COVID-19 in the MEA region in 2020. In the Middle East and Africa region, various sectors such as retail, food & beverage, and healthcare industry along with many small and medium-sized enterprises (SMEs) faced challenges in running their businesses. With disruption in the global supply chain, many airlines had to face losses. Being a crucial part of the hospitality industry since last many years, UAE had to face tough times as the hotel occupancy rate dropped down to 20% and room rates were at AED 500. The same hotel occupancy rate during the previous year was at 85% and room rates stood at around AED 1000. Thus, the sales of dehumidifiers required at various hotels and resorts were declined to considerable extent.

Middle East and Africa Dehumidifier Strategic Insights

Strategic insights for the Middle East and Africa Dehumidifier provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa Dehumidifier Report Scope

Middle East and Africa Dehumidifier Regional Insights

The geographic scope of the Middle East and Africa Dehumidifier refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Middle East and Africa dehumidifier market is projected to reach US$ 391.8 million by 2028 from US$ 247.1 million in 2021; it is anticipated to grow at a CAGR of 6.8% 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa dehumidifier market based on various segments for the period 2021–2028

MIDDLE EAST AND AFRICA DEHUMIDIFIER MARKET SEGMENTATION

By Type

• Heat Pumps
• Ventilating Dehumidifiers
• Chemical Absorbent Dehumidifiers

By Application

• Industrial
• Commercial
• Residential

By Country

• Middle East and Africa

• • • • UAE
      • Saudi Arabia
      • South Africa
      • Rest of Middle East and Africa

Companies Mentioned

1. Haier Group Corporation
2. Electrolux AB
3. LG Electronics
4. Whirlpool Corporation
5. De’Longhi Appliances S.r.l.
6. Sunpentown International Inc.
7. Munters
8. Resideo Technologies, Inc.