Press release
Global Air Humidifiers Market Comprehensive Study: Forecasted Market Size And Growth Rate
Air Humidifiers Market
The Business Research Company offers in-depth market insights through Air Humidifiers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The air humidifiers market size has grown strongly in recent years. It will grow from $3.43 billion in 2023 to $3.66 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to awareness of health benefits of proper humidification, rise in concerns about indoor air quality, increased incidence of respiratory disorders and allergies, growth in commercial and industrial applications (e.g., healthcare, hospitality), change in climate patterns and weather conditions.
The air humidifiers market size is expected to see strong growth in the next few years. It will grow to $4.7 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to consumer demand for smart and connected home devices, aging population and increased focus on senior care facilities, adoption of humidification in green building standards. Major trends in the forecast period include .
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Market Segmentation:
The main types of air humidifier products include portable humidifiers and whole-house humidifiers. Portable humidifiers refer to stand-alone devices that add moisture to the air of the room in which they are placed. Vaporizers, ultrasonic humidifiers, and evaporative humidifiers are among the various varieties of portable humidifiers, and each uses a different technology to add moisture to the air supply. The air humidifier are used in commercial, industrial, and residential setting and distributed through online and offline distribution channels.
Major Driver - Rising Health Awareness Drives Growth Of Air Humidifiers Market
Rising health awareness among consumers across the globe is driving the growth of the air humidifiers market. The population's level of health consciousness has an impact on industry demand. Humidifiers can reduce the spread of germs, prevent dry skin, relieve allergy and asthma symptoms, loosen congestion and others. For instance, according to the Australian Bureau of Statistics, the independent statutory agency of the Australian Government, in comparison to 2020-21, more people used health services in 2021-2022. People visited a GP (general practitioner) (83.6% versus 82.4%), visited a dentist (49.4% as opposed to 47.9%), visited a doctor (38.9% as opposed to 37.4%), and visited an emergency department (ED) at a hospital (14.8% as opposed to 13.4%) . Therefore, demand for air humidifiers will rise as the prevalence of rising health awareness among consumers across the globe rises.
Competitive Landscape:
Major companies operating in the air humidifiers market include Arel Industries S.p.A., Armstrong International Inc., Boneco AG, Carel Industries S.p.A., Condair Group, Coway Co. Ltd., Crane USA Inc., DriSteem, Dyson Appliances Ltd., Heaven Fresh Inc., Honeywell International Inc., HygroMatik GmbH, IKEUCHI EUROPE B.V., Koninklijke Philips N.V., Munters Group AB, Newell Brands Inc., Procter & Gamble, Bear Down Brands LLC, PURE Humidifier Co., Stulz Gmbh, UCAN Co. Ltd., Venta Air Technologies, Wetmaster Co. Ltd., Xiaomi Inc.
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Top Trend - Focus On Advanced Air Humidifiers To Improve Indoor Comfort And Air Quality
The high focus of manufacturers on the development of advanced air humidifiers is a key trend gaining popularity in the air humidifiers market. Many HVAC products are available in the market that can significantly improve indoor comfort. Humidity levels that just right increase air quality and make it easier to breathe. For instance, in September 2023, Smartmi, a China-based pioneer of home appliance consumption upgrades, launched its transformative new Evaporative Humidifier 3, engineered to elevate air quality and convenience through category-redefining design effortlessly. With mist-free natural humidification, a large 5L tank, 350ml/h humidity output, smart controls, and ultra-quiet operation, the Smartmi Evaporative Humidifier 3 solves dry air problems like respiratory irritation, allergies, germ growth, and more.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Air Humidifiers Market Characteristics
3. Air Humidifiers Market Trends And Strategies
4. Air Humidifiers Market - Macro Economic Scenario
5. Air Humidifiers Market Size And Growth
…..
27. Air Humidifiers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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