Market Overview:
The global multifunctional dehumidifiers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for multifunctional dehumidifiers from both, household and commercial applications. Additionally, the growing awareness about the benefits of using multifunctional dehumidifiers is also contributing to the growth of this market. On the basis of type, the global multifunctional dehumidifier market can be segmented into dehumidification, sterilization, mold removal and other types. Dehumidification is currently one of the most popular functions among users and is expected to continue its dominance duringthe forecast period as well.
Product Definition:
A Multifunctional Dehumidifier is a device that can not only remove humidity from the air, but also clean and purify it. Multifunctional dehumidifiers are important because they can improve the air quality in a room or home, as well as reducing the amount of moisture in the air.
Dehumidification:
Dehumidification is the process of removing moisture or water vapor from a space. The dehumidifier works by absorbing the water vapor into its cooling mechanism, which in turn reduces the humidity level in an area. Dehumidifiers can be used for residential as well as commercial purposes to reduce moisture content and prevent mold growth & rusting, corrosion, mildew formation and electrical damage.
Sterilization:
Sterilization is the process of eliminating all forms of life from an object or substance. It can be done by using various methods such as steam, radiation, filtration, and others. In the case of pharmaceutical products, sterilization is a process to eliminate bacteria from them. The most commonly used method for sterilizing water is to boil it because it kills all types of microorganisms including viruses and spores which are present in small numbers.
Application Insights:
The commercial segment held the largest share of more than 60.0% in 2017. The growth can be attributed to the rising number of commercial spaces, such as offices, shops and malls, across various regions including Asia Pacific and Middle East & Africa. In addition, a rise in health problems due to mold and bacteria from dampness is driving consumers towards dehumidifiers that can tackle these issues efficiently.
Household application is expected to be one of the fastest-growing segments over the forecast period owing to increasing awareness about hygiene among consumers regarding mold removal from homes. Furthermore, dehumidifiers with remote control features allow users to control them through smartphones or computers thereby providing convenience during emergencies or power outages when conventional methods fail.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising demand for energy-efficient products in countries, such as China and India. In addition, increasing number of commercial buildings in these countries is anticipated to drive product demand further. Furthermore, growing tourism sector has led to an increase in residential building construction activities which will also propel market growth over the next eight years.
Europe was valued at USD X million in 2017 and is estimated to expand at a CAGR of XX% from 2018 to 2030 owing high consumption of dehumidifiers due cold climatic conditions across Europe especially during winter season resulting into moisture damage on building structures thus necessitating its maintenance or replacement which will augment industry size over the coming years.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly devices
- Rising awareness about the benefits of using multifunctional dehumidifiers
- Growing popularity of portable dehumidifiers among consumers
- Proliferation of online retail platforms that offer discounts on multifunctional dehumidifiers
- Entry of new players in the market that are offering innovative features in their products
Scope Of The Report
Report Attributes
Report Details
Report Title
Multifunctional Dehumidifiers Market Research Report
By Type
Dehumidification, Sterilization, Mold Removal, Other
By Application
Household, Commercial
By Companies
Panasonic, Mitsubishi Electric, Frigidaire, Haier, GE, Olimpia Splendid
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Multifunctional Dehumidifiers Market Report Segments:
The global Multifunctional Dehumidifiers market is segmented on the basis of:
Types
Dehumidification, Sterilization, Mold Removal, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panasonic
- Mitsubishi Electric
- Frigidaire
- Haier
- GE
- Olimpia Splendid
Highlights of The Multifunctional Dehumidifiers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dehumidification
- Sterilization
- Mold Removal
- Other
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Multifunctional Dehumidifiers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A multifunctional dehumidifier is a machine that can perform more than one task. This could include removing moisture from the air, cooling the room, or even heating the room.
Some of the key players operating in the multifunctional dehumidifiers market are Panasonic, Mitsubishi Electric, Frigidaire, Haier, GE, Olimpia Splendid.
The multifunctional dehumidifiers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multifunctional Dehumidifiers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multifunctional Dehumidifiers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multifunctional Dehumidifiers Market - Supply Chain
4.5. Global Multifunctional Dehumidifiers Market Forecast
4.5.1. Multifunctional Dehumidifiers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multifunctional Dehumidifiers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multifunctional Dehumidifiers Market Absolute $ Opportunity
5. Global Multifunctional Dehumidifiers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multifunctional Dehumidifiers Market Size and Volume Forecast by Type
5.3.1. Dehumidification
5.3.2. Sterilization
5.3.3. Mold Removal
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multifunctional Dehumidifiers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multifunctional Dehumidifiers Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multifunctional Dehumidifiers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multifunctional Dehumidifiers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multifunctional Dehumidifiers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multifunctional Dehumidifiers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multifunctional Dehumidifiers Demand Share Forecast, 2019-2026
9. North America Multifunctional Dehumidifiers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multifunctional Dehumidifiers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multifunctional Dehumidifiers Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multifunctional Dehumidifiers Market Size and Volume Forecast by Type
9.7.1. Dehumidification
9.7.2. Sterilization
9.7.3. Mold Removal
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multifunctional Dehumidifiers Demand Share Forecast, 2019-2026
10. Latin America Multifunctional Dehumidifiers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multifunctional Dehumidifiers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multifunctional Dehumidifiers Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multifunctional Dehumidifiers Market Size and Volume Forecast by Type
10.7.1. Dehumidification
10.7.2. Sterilization
10.7.3. Mold Removal
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multifunctional Dehumidifiers Demand Share Forecast, 2019-2026
11. Europe Multifunctional Dehumidifiers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multifunctional Dehumidifiers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multifunctional Dehumidifiers Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multifunctional Dehumidifiers Market Size and Volume Forecast by Type
11.7.1. Dehumidification
11.7.2. Sterilization
11.7.3. Mold Removal
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multifunctional Dehumidifiers Demand Share, 2019-2026
12. Asia Pacific Multifunctional Dehumidifiers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multifunctional Dehumidifiers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multifunctional Dehumidifiers Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multifunctional Dehumidifiers Market Size and Volume Forecast by Type
12.7.1. Dehumidification
12.7.2. Sterilization
12.7.3. Mold Removal
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multifunctional Dehumidifiers Demand Share, 2019-2026
13. Middle East & Africa Multifunctional Dehumidifiers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multifunctional Dehumidifiers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multifunctional Dehumidifiers Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multifunctional Dehumidifiers Market Size and Volume Forecast by Type
13.7.1. Dehumidification
13.7.2. Sterilization
13.7.3. Mold Removal
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multifunctional Dehumidifiers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multifunctional Dehumidifiers Market: Market Share Analysis
14.2. Multifunctional Dehumidifiers Distributors and Customers
14.3. Multifunctional Dehumidifiers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panasonic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mitsubishi Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Frigidaire
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Haier
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Olimpia Splendid
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
