South and Central America 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.
Brazil had the greatest number of cases of COVID-19, followed by Chile, Ecuador, Argentina, and Peru amongst others. In 2020, the pandemic of COVID-19 led to the disruption of numerous economic activities across the region to combat the fatal effect of the virus. Governments in South and Central America have taken an array of actions for protecting the citizens. It is anticipated that the South and Central America region will be witnessing lower export revenues, owing to the reduction in export volumes and drop in commodity prices. Brazilian government data shows that the tourism industry directly contributes approximately 3.7% of the national GDP and 3% of the total jobs in the nation. Thus, with reduced number of tourists and temporary closure of hotels, demand for respective dehumidifiers also suffered proportionally. In 2021, with easing of various restrictions and limitations, the economy is slowly coming back on track. After the situation gets to normalcy, dehumidifiers market in this region is forecasted to experience notable growth.
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Market Overview and Dynamics
The South and Central America dehumidifier market is projected to reach US$ 166.5 million by 2028 from US$ 115.4 million in 2021; it is anticipated to grow at a CAGR of 5.4% 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 South and Central America 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 South and Central America 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 South and Central America 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 South and Central America 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 South and Central America dehumidifier market based on various segments for the period 2021–2028
SOUTH AND CENTRAL AMERICA DEHUMIDIFIER MARKET SEGMENTATION
By Type
- Heat Pumps
- Ventilating Dehumidifiers
- Chemical Absorbent Dehumidifiers
By Application
- Industrial
- Commercial
- Residential
By Country
- South and Central America
- Brazil
- Argentina
- Rest of South and Central America
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 South and Central America Dehumidifier Market – By Type
1.3.2 South and Central America Dehumidifier Market – By Application
1.3.3 South and Central America Dehumidifier market – By Country
2. South and Central America Dehumidifier Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Dehumidifier Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinions
4.4 Ecosystem Analysis
5. South and Central America 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. South and Central America Dehumidifier Market – Regional Analysis
6.1 South and Central America Dehumidifier Market Revenue Forecast And Analysis
7. South and Central America 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. South and Central America 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. South and Central America Dehumidifier Market – Geographic Analysis
9.1 South and Central America: Dehumidifier Market
9.1.1 Overview
9.1.2 South and Central America Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)
9.1.2.1 Brazil: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Brazil: Dehumidifier Market, by Type
9.1.2.1.2 Brazil: Dehumidifier Market, By Application
9.1.2.2 Argentina: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Argentina: Dehumidifier Market, by Type
9.1.2.2.2 Argentina: Dehumidifier Market, By Application
9.1.2.3 Rest of SAM: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Rest of SAM: Dehumidifier Market, by Type
9.1.2.3.2 Rest of SAM: Dehumidifier Market, By Application
10. Impact of COVID-19 Pandemic on South and Central America Dehumidifier Market
10.1 South and Central America: Impact Assessment of COVID-19 Pandemic
11. South and Central America 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. Brazil: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 3. Argentina: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 4. Argentina: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. Rest of SAM: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of SAM: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Glossary of Terms, South and Central America Dehumidifier Market
LIST OF FIGURES
Figure 1. South and Central America Dehumidifier Market Segmentation
Figure 2. South and Central America Dehumidifier Market Overview
Figure 3. Chemical Absorbent Dehumidifiers Segment Held Largest Share of Type of South and Central America Dehumidifier Market
Figure 4. South and Central America Dehumidifier Market – Leading Country Markets (US$ Million)
Figure 5. South and Central America PEST Analysis
Figure 6. Dehumidifier Market – Ecosystem Analysis
Figure 7. South and Central America Dehumidifier Market Impact Analysis of Drivers and Restraints
Figure 8. South and Central America 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. South and Central America: Dehumidifier Market, by Key Country – Revenue (2021) (USD Million)
Figure 18. South and Central America Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)
Figure 19. Brazil: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Argentina: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Rest of SAM: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic on South and Central America 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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