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Europe Dehumidifier Market by Type (Refrigerant Type and Chemical Absorbent) and Application (Industrial, Commercial, and Residential): Opportunity Analysis and Industry Forecast, 2020–2027

A07568
Pages: 150
Oct 2020 | 340 Views
 
Author(s) : Raju Kale , Roshan Deshmukh
Tables: 79
Charts: 39
 

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The Europe dehumidifier market size was valued at $212.2 million in 2019, and is expected to reach $372.15 million by 2027, registering a CAGR of 8.9% during the forecast period. A dehumidifier is a household appliance that minimizes the level of humidity in the air. Improvement in economic condition and growth in disposable income are significant factors that propel the growth of the Europe dehumidifier market. After the 2009 economic crisis in Europe, the European economy witnessed a standstill. However, strong recovery from the crisis resulted in notable economic growth, especially in Germany, and has led to increase in disposable income among the middle-income groups, thus, acting as a major driver for the market.       

Rapid growth in consumers’ consciousness toward health and comfort, upsurge in real estate sector, and continuous changes in climatic conditions are projected to boost the growth of the Europe dehumidifier market. Furthermore, improvement in living standards and rise in health expenditure augment the demand for dehumidifiers in the Europe dehumidifier market.  

Europe-dehumidifier-Market,-2020-2027

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High cost associated with dehumidifiers is anticipated to hamper the growth of the market. The cost of a mini dehumidifier (1–10 pints) preferable for a bathroom costs around $40–70. A small–medium capacity dehumidifier (11–25 pints) preferable for a living room costs around $100–250 or more. On the contrary, alternatives such as rooms built with improved air circulation through fans and windows and application of moisture absorbent such as calcium chloride can effectively be used to dehumidify rooms. 

Improvement in economic condition and surge in disposable income are significant factors that propel the growth of the Europe dehumidifier market. After the 2009 economic crisis in Europe, the European economy witnessed a standstill. However, strong recovery from the crisis resulted in notable economic growth, especially in Germany, and has led to increase in disposable income among the middle-income groups, thus acting as a major driver for the market. Furthermore, medium- and high-income consumers in urban areas are shifting their consumption trend from essential to premium goods & services. This trend is favoring dehumidifier manufacturers to enhance their product portfolio in the residential dehumidifier segment. Thus, all these factors together are anticipated to offer potential growth opportunity for the Europe dehumidifier market during the forecast period. 

Moreover, due to high demand and low supply trends, the prices of commercial and residential dehumidifiers are likely to rise in 2020 to overcome on economic instability. On the contrary, disruptions to the supply chain in shipping could lead to temporary shortages in supply, putting upward pressure on prices in short term. 

The significant decrease in the dehumidifier market size in 2020 is estimated on the basis of the COVID-19 outbreak and its impact on the economies and industries across Europe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation. These scenarios were discussed with the food industry experts. However, this pandemic spread is anticipated to affect for a short term. 

According to the Europe dehumidifier market analysis, the market is segmented into type, application, and country. On the basis of type, the market is classified into refrigerant type and chemical absorbent. Depending on application, it is fragmented into industrial, commercial and residential. Country wise, it is analyzed across Germany, France, Spain, UK, Italy, and rest of Europe.    

Europe Dehumidifier Market
By Type

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The Chemical Absorbent segment would witness the fastest growth, registering a CAGR of 9.6% during the forecast period.

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According to the Europe dehumidifier market analysis on the basis of type, the refrigerant type segment accounted for the maximum share in the 2019. This can be attributed to its high durability and immense dehumidifying capacity, which handles strain of continuous work load for decades. Furthermore, it is best suited to large or poorly insulated rooms. However, these machines are heavy, noisy, and ineffective in rooms at low temperature. 

Europe Dehumidifier Market
By Application

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Residential segment would witness the fastest growth, registering a CAGR of 9.7% during the forecast period.

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By application, the industrial segment dominated the market, which accounted for 43.6% Europe dehumidifier market share in 2019, and is expected to continue this trend throughout the Europe dehumidifier market forecast period. Industrial dehumidifiers exhibit high moisture removal capacity, rugged construction, and incorporate necessary fail-safes, ensuring dependable operation and meeting the demanding conditions of industrial applications. 

Europe Dehumidifier Market
By Country

2027
Uk 
Germany
France
Spain
Italy
Rest Of Europe

Germany would witness the largest segment registering a major share of 31.4% during the forecast period.

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Country wise, UK held the major share of 15.67% in the market in 2019, owing to the rise in consciousness of consumers toward health and wellness. Consumers are actively concerned to maintain a healthy living environment at home and these factors significantly drive the demand for products that improve air quality.   

The active players in the Europe dehumidifier market report are  AB Electrolux, Desiccant Technologies Group, General Filters, Inc, Motors And Armatures Inc.(Mars), Haier Smart Home Co., Ltd, Lg Electronics, Honeywell International Inc, Berlin Brands Group, Meaco (U.K.) Limited, And Whirlpool Corporation. 

Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the current Europe dehumidifier market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.    
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assist to determine the prevailing Europe dehumidifier market opportunities.   
  • Drivers and restraints are analyzed depending on type in the Europe dehumidifier market. 

Key Market Segments 

By Type

  • Refrigerant Type
  • Chemical Absorbent 

Application

  • Industrial
  • Commercial
  • Residential 

Country

  • Germany
  • France
  • Spain
  • UK
  • Italy
  • Rest of Europe
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Snapshot
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pocket

3.3.Porter's five forces analysis

3.3.1.Low-moderate power of suppliers
3.3.2.High power of buyers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry

3.4.Market share analysis/Top player positioning 2019
3.5.Market Dynamics

3.5.1.Drivers

3.5.1.1.Rapid development of the real estate sector
3.5.1.2.Changes in climatic conditions
3.5.1.3.Increase in consciousness toward health and benefits of maintaining indoor air quality

3.5.2.Restraint

3.5.2.1.Seasonal application & high cost associated with the product

3.5.3.Opportunity

3.5.3.1.Improved standard of living and increase in disposable income of European consumers

3.6.Pricing analysis
3.7.Value chain analysis
3.8.COVID-19 impact analysis

3.8.1.Introduction
3.8.2.Impact on Europe dehumidifier market

CHAPTER 4:EUROPE DEHUMIDIFIER MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Refrigerant type

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market analysis by country

4.3.Chemical absorbent

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis by country

CHAPTER 5:EUROPE DEHUMIDIFIER MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Commercial

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
5.2.3.Market analysis by country

5.3.Industrial

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.3.3.Market analysis by country

5.4.Residential

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast
5.4.3.Market analysis by country

CHAPTER 6:EUROPE DEHUMIDIFIER MARKET, BY COUNTRY

6.1.Overview
6.2.Germany

6.2.1.Market size and forecast, by product type
6.2.2.Market size and forecast, by application

6.3.France

6.3.1.Market size and forecast, by product type
6.3.2.Market size and forecast, by application

6.4.Spain

6.4.1.Market size and forecast, by product type
6.4.2.Market size and forecast, by application

6.5.UK

6.5.1.Market size and forecast, by product type
6.5.2.Market size and forecast, by application

6.6.Italy

6.6.1.Market size and forecast, by product type
6.6.2.Market size and forecast, by application

6.7.Rest of Europe

6.7.1.Market size and forecast, by product type
6.7.2.Market size and forecast, by application

CHAPTER 7:COMPETITION LANDSCAPE

7.1.Top winning strategies
7.2.Product mapping
7.3.Competitive dashboard
7.4.Competitive heatmap
7.5.Key developments

7.5.1.Acquisition
7.5.2.Collaboration
7.5.3.Investment
7.5.4.Product Launch

CHAPTER 8:COMPANY PROFILES

8.1.AB ELECTROLUX

8.1.1.Company overview
8.1.2.Key executive
8.1.3.Company snapshot
8.1.4.Product portfolio
8.1.5.R&D expenditure
8.1.6.Business performance
8.1.7.Key strategic moves and developments

8.2.DESICCANT TECHNOLOGIES GROUP

8.2.1.Company overview
8.2.2.Key executive
8.2.3.Company snapshot
8.2.4.Product portfolio

8.3.GENERAL FILTERS, INC.

8.3.1.Company overview
8.3.2.Key executive
8.3.3.Company snapshot
8.3.4.Product portfolio

8.4.MOTORS AND ARMATURES INC.(MARS)

8.4.1.Company overview
8.4.2.Key executive
8.4.3.Company snapshot
8.4.4.Product portfolio

8.5.HAIER SMART HOME CO., LTD.

8.5.1.Company overview
8.5.2.Key executive
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.Business performance
8.5.7.Key strategic moves and developments

8.6.LG ELECTRONICS

8.6.1.Company overview
8.6.2.Key executive
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.Business performance
8.6.7.Key strategic moves and developments

8.7.HONEYWELL INTERNATIONAL INC.

8.7.1.Company overview
8.7.2.Key executive
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.R&D expenditure
8.7.7.Business performance

8.8.BERLIN BRANDS GROUP

8.8.1.Company overview
8.8.2.Key executive
8.8.3.Company snapshot
8.8.4.Product portfolio

8.9.MEACO (U.K.) LIMITED

8.9.1.Company overview
8.9.2.Key executive
8.9.3.Company snapshot
8.9.4.Key strategic moves and developments

8.10.WHIRLPOOL CORPORATION

8.10.1.Company overview
8.10.2.Key executive
8.10.3.Company snapshot
8.10.4.Product portfolio:
8.10.5.R&D expenditure
8.10.6.Business performance
8.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.EUROPE DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 02.EUROPE DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 (000’UNIT)
TABLE 03.EUROPE REFRIGERANT TYPE MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 04.EUROPE REFRIGERANT TYPE MARKET, BY COUNTRY, 2019-2027 (000’UNIT)
TABLE 05.EUROPE CHEMICAL ABSORBENT MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 06.EUROPE CHEMICAL ABSORBENT MARKET, BY COUNTRY, 2019-2027 (000’UNIT)
TABLE 07.EUROPE DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 08.EUROPE DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 (000’UNIT)
TABLE 09.EUROPE DEHUMIDIFIER MARKET FOR COMMERCIAL APPLICATION, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 10.EUROPE DEHUMIDIFIER MARKET FOR COMMERCIAL APPLICATION, BY COUNTRY, 2019-2027 (000’UNIT)
TABLE 11.EUROPE DEHUMIDIFIER MARKET FOR INDUSTRIAL APPLICATION, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 12.EUROPE DEHUMIDIFIER MARKET FOR INDUSTRIAL, BY COUNTRY, 2019-2027 (000’UNIT)
TABLE 13.EUROPE DEHUMIDIFIER MARKET FOR OTHER, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 14.EUROPE DEHUMIDIFIER MARKET FOR OTHER, BY COUNTRY, 2019-2027 (000’UNIT)
TABLE 15.GERMANY DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 16.GERMANY DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 (000’UNIT)
TABLE 17.GERMANY DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 18.GERMANY DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 (000’UNIT)
TABLE 19.FRANCE DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 20.FRANCE DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 (000’UNIT)
TABLE 21.FRANCE DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 22.FRANCE DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 (000’UNIT)
TABLE 23.SPAIN DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 24.SPAIN DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 (000’UNIT)
TABLE 25.SPAIN DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 26.SPAIN DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 (000’UNIT)
TABLE 27.UK DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 28.UK DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 (000’UNIT)
TABLE 29.UK DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 30.UK DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 (000’UNIT)
TABLE 31.ITALY DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 32.ITALY DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 (000’UNIT)
TABLE 33.ITALY DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 34.ITALY DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 (000’UNIT)
TABLE 35.REST OF EUROPE DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 36.REST OF EUROPE DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019-2027 (000’UNIT)
TABLE 37.REST OF EUROPE DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 38.REST OF EUROPE DEHUMIDIFIER MARKET, BY APPLICATION, 2019-2027 (000’UNIT)
TABLE 39.AB ELECTROLUX: KEY EXECUTIVE
TABLE 40.AB ELECTROLUX: COMPANY SNAPSHOT
TABLE 41.AB ELECTROLUX: PRODUCT PORTFOLIO
TABLE 42.AB ELECTROLUX: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 43.AB ELECTROLUX: NET SALES, 2017–2019 ($MILLION)
TABLE 44.DESICCANT TECHNOLOGIES GROUP: KEY EXECUTIVE
TABLE 45.DESICCANT TECHNOLOGIES GROUP: COMPANY SNAPSHOT
TABLE 46.DESICCANT TECHNOLOGIES GROUP: PRODUCT PORTFOLIO
TABLE 47.GENERAL FILTERS, INC.: KEY EXECUTIVE
TABLE 48.GENERAL FILTERS, INC.: COMPANY SNAPSHOT
TABLE 49.GENERAL FILTERS, INC.: PRODUCT PORTFOLIO
TABLE 50.(MOTORS AND ARMATURES INC.(MARS): KEY EXECUTIVE
TABLE 51.(MOTORS AND ARMATURES INC.(MARS): COMPANY SNAPSHOT
TABLE 52.(MOTORS AND ARMATURES INC.(MARS): PRODUCT PORTFOLIO
TABLE 53.HAIER SMART HOME CO., LTD.: KEY EXECUTIVE
TABLE 54.HAIER SMART HOME CO., LTD.: COMPANY SNAPSHOT
TABLE 55.HAIER SMART HOME CO., LTD.: OPERATING SEGMENTS
TABLE 56.HAIER SMART HOME CO., LTD.: PRODUCT PORTFOLIO
TABLE 57.HAIER SMART HOME CO., LTD.: NET SALES, 2017–2019 ($MILLION)
TABLE 58.LG ELECTRONICS: KEY EXECUTIVE
TABLE 59.LG ELECTRONICS: COMPANY SNAPSHOT
TABLE 60.LG ELECTRONICS: OPERATING SEGMENTS
TABLE 61.LG ELECTRONICS: PRODUCT PORTFOLIO
TABLE 62.LG ELECTRONICS: NET SALES, 2017–2019 ($MILLION)
TABLE 63.HONEYWELL INTERNATIONAL INC.: KEY EXECUTIVE
TABLE 64.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 65.HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 66.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 67.HONEYWELL INTERNATIONAL INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 68.HONEYWELL INTERNATIONAL INC.: NET SALES, 2017–2019 ($MILLION)
TABLE 69.BERLIN BRANDS GROUP: KEY EXECUTIVE
TABLE 70.BERLIN BRANDS GROUP: COMPANY SNAPSHOT
TABLE 71.BERLIN BRANDS GROUP: PRODUCT PORTFOLIO
TABLE 72.MEACO (U.K.) LIMITED: KEY EXECUTIVE
TABLE 73.MEACO (U.K.) LIMITED: COMPANY SNAPSHOT
TABLE 74.MEACO: PRODUCT POIRTFOLIO
TABLE 75.WHIRLPOOL CORPORATION: KEY EXECUTIVE
TABLE 76.WHIRLPOOL CORPORATION: COMPANY SNAPSHOT
TABLE 77.WHIRLPOOL CORPORATION: PRODUCT PORTFOLIO
TABLE 78.WHIRLPOOL CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 79.WHIRLPOOL CORPORATION: NET SALES, 2017–2019 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EUROPE DEHUMIDIFIER MARKET SNAPSHOT
FIGURE 03.TOP INVESTMENT POCKETS, BY PRODUCT TYPE
FIGURE 04.LOW-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.HIGH BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTION
FIGURE 08.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.CONCENTRATIONS OF CO2 IN THE ATMOSPHERE, 2010-2019 (PPM)
FIGURE 10.DEHUMIDIFIER PRICES IN EUROPE ($/UNITS)
FIGURE 11.EUROPE DEHUMIDIFIER MARKET SHARE, BY PRODUCT TYPE, 2019(%)
FIGURE 12.COMPARATIVE REVENUE SHARE ANALYSIS OF EUROPE REFRIGERANT TYPE MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 13.COMPARATIVE REVENUE SHARE ANALYSIS OF EUROPE CHEMICAL ABSORBENT MARKET, BY COUNTRY,  2019 & 2027 (%)
FIGURE 14.EUROPE DEHUMIDIFIER MARKET SHARE, BY APPLICATION, 2019(%)
FIGURE 15.COMPARATIVE REVENUE SHARE ANALYSIS OF EUROPE DEHUMIDIFIER MARKET FOR COMMERCIAL APPLICATION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE REVENUE SHARE ANALYSIS OF EUROPE DEHUMIDIFIER MARKET FOR INDUSTRIAL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE REVENUE SHARE ANALYSIS OF EUROPE DEHUMIDIFIER MARKET FOR OTHER, BY COUNTRY,  2019 & 2027 (%)
FIGURE 18.EUROPE DEHUMIDIFIER MARKET SHARE, BY COUNTRY, 2019(%)
FIGURE 19.TOP WINNING STRATEGIES, BY YEAR, 2017–2020*
FIGURE 20.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020* (%)
FIGURE 21.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020*
FIGURE 22.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 23.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 24.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 25.AB ELECTROLUX: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 26.AB ELECTROLUX: NET SALES, 2017–2019 ($MILLION)
FIGURE 27.AB ELECTROLUX: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 28.HAIER SMART HOME CO., LTD.: NET SALES, 2017–2019 ($MILLION)
FIGURE 29.HAIER SMART HOME CO., LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 30.HAIER SMART HOME CO., LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 31.LG ELECTRONICS: NET SALES, 2017–2019 ($MILLION)
FIGURE 32.LG ELECTRONICS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 33.HONEYWELL INTERNATIONAL INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 34.HONEYWELL INTERNATIONAL INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 35.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 36.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 37.WHIRLPOOL CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 38.WHIRLPOOL CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 39.WHIRLPOOL CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)

 
 

As per the insights of industry executives, the dehumidifier market is anticipated to witness a robust growth in Europe. This is attributed to rise in greenhouse gas emission leading to global warming and increase in humidity level.

Moreover, development of the housing sector and increase in consciousness of consumers toward healthy & comfortable living are anticipated to propel the growth of the market. Consumers in Europe are concerned about energy-efficient, connected, and trendy designed appliances, thus encouraging consumers to invest in devices that regulate the air quality.

The CXOs further added that the growth of the dehumidifier market is crucially influenced by weather conditions in Europe. Furthermore, manufacturers are continuously introducing interactive products with digital and temperature control options, as consumers are actively seeking for advanced products with multifunctionality.  
 

 
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FREQUENTLY ASKED QUESTIONS?
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A. The CAGR of Europe Dehumidifier Market is 8.5%.

A. The Europe Dehumidifier Market Size From 2020 to 2027 is $167.07 Mn.

A. Kindly raise an inquiry on the portal and our salesperson will get in touch with you with available purchase options.

A. Seasonal application & high cost associated with the product are the effecting factor of the Europe Dehumidifier Market.

A. The segments of Europe Dehumidifier Market are product type and application.

A. The forecast period in the market report is from 2020 to 2027.

A. Rapid development of the real estate sector & changes in climatic conditions are the key trends in the Europe Dehumidifier market report.

A. AB ELECTROLUX, DESICCANT TECHNOLOGIES GROUP, GENERAL FILTERS, INC, MOTORS AND ARMATURES INC.(MARS), HAIER SMART HOME CO., LTD, LG ELECTRONICS, HONEYWELL INTERNATIONAL INC, BERLIN BRANDS GROUP, MEACO (U.K.) LIMITED, and WHIRLPOOL CORPORATION are the active players in the Europe dehumidifier market.

A. Improved standard of living and increase in disposable income of European consumers are the major current trend which will shape the market in the future.

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