Press release
Portable Humidifiers Market - Growth, Trends, COVID-19 Impact, and Forecasts 2020 to 2030
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Key Takeaways of Portable Humidifiers Market Study:
North America accounts for a prominent share in the portable humidifiers market, while South Asia is expected to be the fastest growing region.
In terms of type, warm mist humidifiers are expected grow faster than other portable humidifiers, expanding1.8X from 2020 to 2030.
In terms of humidity output, 1.5 - 2 gallons a day segment accounts for nearly one third of the market share.
Commercial applications are expected to grow 1.6X during the forecast period and will gain substantial share in the portable humidors market.
Independent electronic stores are expected to maintain their dominance in the portable humidors market.
“Portable humidifiers market is expected to show prominent recovery during the forecast period. Strategies to increase commercial clientele is anticipated to prove lucrative in the long term forecast”, says the Fact.MR analyst
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Innovative and Differentiated Product Offerings to Pave Way for Top Players
The portable humidifiers market has experienced a plethora of investments in the recent past. Companies have focused on expansion of their product portfolio for increasing their sales. In January 2020, Proctor and Gamble acquired Billie Inc., to increase their production capacity and portfolio. Honeywell International, Inc. acquired Rebellion Photonics and Transnorm Beteiligungen GmbH for increasing their product portfolio as well as integrating innovative solutions in their portfolio. Similar movements in the portable humidifiers market are expected to be supplemental to the growth of portable humidifiers market.
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