Segmentation by Product Type (Warm-Mist, Ultrasonic, and Cool-Mist Humidifiers, Bypass, Fan-Powered, and Steam); by Mounting Type (Portable, and Fixed Air Humidifier); by Distribution Channel (Online, and Offline); by End-User (Residential, Commercial, and Industrial) – Global Demand Analysis & Opportunity Outlook 2021-2026
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Growth Drivers
Challenges
Regionally, the global air humidifier market is segmented into four major regions including Europe, Asia Pacific, Central & South America, and Middle East region. The market in Europe is anticipated to garner the largest revenue of USD 660.6 Million by the end of 2026, up from a revenue of USD 498.1 Million in the year 2021. The growth of the market in the region can primarily be attributed to the presence of numerous manufacturers of air humidifiers, along with the surge in the adoption of these products in hospitals, manufacturing industries, and other homecare facilities. Besides this, the increasing trade of the product from the region is also anticipated to create numerous opportunities for market growth in the coming years. For instance, according to the statistics by the International Trade Center (ITC), the value of exports of air humidifiers in Germany increased from USD 7312247 Thousand in the year 2012 to USD 10270393 Thousand in the year 2019. The country was also known to be the largest exporter of such products around the globe. On the other hand, the increasing concern for air pollution in the region is also anticipated to drive the growth of the market in the coming years. According to the statistics by Eurostat, in the year 2019, non-methane volatile organic compounds (NMVOC) and nitrogen oxides (NOx) were the largest emitting air pollutant in the European Union, thereby registering 6408660.0 Tonnes and 6140700.0 Tonnes respectively.
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The market in the region is further segmented by country into Germany, France, United Kingdom, Italy, and the Rest of Europe. The market in the United Kingdom is anticipated to garner the second-largest revenue of USD 171.8 Million by the end of 2026, up from a revenue of USD 123.3 Million in the year 2021.
The global air humidifier market is segmented by product type into warm-mist humidifiers, ultrasonic humidifiers, cool-mist humidifiers, bypass, fan-powered, and steam. Out of these, the cool-mist humidifiers segment is anticipated to garner the largest revenue of USD 462.0 Million by the end of 2026, up from a revenue of USD 348.2 Million in the year 2021. By mounting type, the market is segmented into portable air humidifier and fixed air humidifier, out of which, the portable air humidifier segment is anticipated to garner the largest revenue by the end of 2026 and also grow with the highest CAGR of 6.3% during the forecast period. By distribution channel, the market is segmented into online and offline. Out of these, the offline segment is anticipated to garner the largest revenue by the end of 2026, while the online segment is predicted to grow with the highest CAGR of 7.0% during the forecast period. By end-user, the market is segmented into residential, commercial, and industrial. Out of these, the residential segment is projected to attain the largest revenue of USD 709.6 Million by the end of 2026, up from a revenue of USD 521.2 Million in the year 2021.
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global air humidifier market that are included in our report are Honeywell International Inc., Newell Brands Inc., BONECO AG, Dyson Group, Mitsubishi Heavy Industries, Ltd., Condair Group, CAREL INDUSTRIES S.p.A., Koninklijke Philips N.V., Armstrong International Inc., Guardian Technologies, Aprilaire, and others.
Ans: The increasing infrastructure development across commercial and residential construction sectors, along with the growing awareness among consumers regarding the ill effects of air pollution, are some of the major factors anticipated to drive the market growth.
Ans: The market is anticipated to attain a CAGR of 6.2% over the forecast period, i.e., 2022 – 2026.
Ans: The high operational cost of the product, and the concern for the humming sound of the device are estimated to hamper the market growth.
Ans: The market in Europe is anticipated to garner the largest revenue of USD 660.6 Million by the end of 2026 and provide more business opportunities.
Ans: The major players in the market are Honeywell International Inc., Newell Brands Inc., BONECO AG, Dyson Group, Mitsubishi Heavy Industries, Ltd., Condair Group, and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by product type, mounting type, distribution channel, end-user, and by region.
Ans: The cool-mist humidifiers segment is anticipated to garner the largest revenue of USD 462.0 Million by the end of 2026 and display significant growth opportunities.
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