PUNE, India, February 15, 2021 (GLOBE NEWSWIRE) – The Global Humidifier Market share, trends, analyzes and forecasts, 2020 – 2030 provides insight into key events, business strategies, research and development activities, supply chain analysis, competitive landscape and market composition analysis.
The global humidifier market is estimated to be $ 2.9 billion in 2019, and is expected to reach $ 5.1 billion by 2030 with a CAGR of 5.3% by 2030. Humidifiers are devices which perform the task of air conditioning, increasing the level of humidity in the air in the room or the whole building. The humidifier prevents extreme levels of dryness in the surrounding environment. Most humidifiers are used in cool places where rooms are dry, and also help remove viruses from the environment in which they are installed.
Rising public awareness of diseases such as asthma, sinusitis and various allergies caused by extreme indoor conditions is expected to boost demand for humidifiers.
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Humidifiers help reduce the symptoms of chronic obstructive pulmonary disease. They also help maintain a safe electrical environment and effectively reduce static electricity, which is a major problem for compact discs (CDs), computer storage devices, and other electronic equipment.
In some European countries, government laws are strict regarding the maintenance of humidity levels in rooms and buildings. In these countries, it is mandatory to maintain standard levels of oxygen, moisture and light, natural or otherwise, for production, packaging and filling in warehouses and other commercial and industrial sectors, which is largely responsible for the growth of the global humidifier market.
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The types of humidifiers that are most commonly used are hot mist humidifiers, cold mist humidifiers, and ultrasonic humidifiers.
Humidifiers are also portable. Portable household humidifiers are usually used for a single room. These humidifiers are used during travel, and are also installed on the walls inside houses to humidify small rooms.
Heating systems can cause dry indoor air during the winter season; which is why the housing sector is expected to record a significant increase in demand for household humidifiers. In general, during the winter months, the relative humidity (RH) of air droplets is lower than normal humidity (40% to 50%). This can lead to many health problems, especially for the skin, eyes and respiratory system.
Rising levels of pollution around the world are affecting indoor and outdoor air quality, fostering market growth.
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The popularity of humidifiers has been on the rise among indoor plant owners, as these plants need a certain temperature and humidity level for proper growth.
Humidifiers are becoming basic devices in many industries where maintaining a standard humidity level is very important. For example, in the healthcare industry, hospitals focused on increasing patient comfort levels, with the help of the various medical ventilators used, typically contain humidifiers.
Moreover, the growing demand for industrial ultrasonic humidifiers for indoor plant cultivation, such as warehouses and greenhouses, especially in cold regions, is likely to help strengthen the market over the forecast period.
The distribution channel segment led the offline distribution market:
The offline distribution channel holds the largest market share in the humidifier market in terms of revenue.
Most consumers prefer physical retail stores to purchase home appliances because part of their after-sales service includes exclusive installation and several other after-sales services by product experts.
Offline channels are predicted to have high penetration in the developing economies of China and India, where consumers prefer brick and mortar stores to buy expensive products such as appliances.
The Internet segment is expected to expand at the fastest rate in the forecast period. The rapid adoption of e-commerce and the growing trends observed everywhere in digitalization have encouraged the online sale of household humidifiers.
Independent resellers have benefited from the sale of e-commerce channels, as they help increase customer satisfaction, service delivery and efficiency. Also, the growth of online wallets and payment platforms has spurred the growth of the e-commerce sector.
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The product segment is dominated by the market of portable humidifiers:
The portable humidifier market has the largest market share in terms of revenue. The portable humidifier market is dominated by the market share of humidifiers due to greater mobility, better operating comfort and lower initial investment costs. Growing consumer awareness and the benefits of maintaining indoor air quality in homes and offices will boost market size over the projected period. Factors such as the ease of installation of this type of humidifier and the reduced energy consumption make it suitable for small rooms, which will improve the adoption of the product in the foreseen time frame.
The transmission segment is further categorized into cold fog, warm fog, and ultrasound. Domestic humidifiers with warm fog lead the world market in the product segment because they offer better protection against bacteria and mold. In addition, they can produce steam with fewer minerals compared to other humidifiers.
North America leads the regional segment of the humidifier market:
North America dominated the regional segment of the humidifier market.
Increased consumer awareness of the harmful effects of dry air or a climate that has low humidity levels and the presence of colder conditions and temperatures, have led to increased demand for products in this region. The North American humidifier market is highly dependent on weather conditions. Therefore, product sales vary greatly in the summer and winter seasons.
The Asia-Pacific region is expected to record the fastest growth rate in the forecast period. Concerns about personal health are growing, combined with the growing purchasing power of consumers, which is driving the growth of the humidifier market in this region. The harsh, dry winter season in China, Japan and South Korea is expected to increase the use of humidifiers.
Key players operating in the humidifier market include Carel Industries, Boneco, Nortec Humidity, Armstrong International, Procter & Gamble, Carrier and DriSteem, Honeywell International, Inc., Dyson, Pure, Vornado Air, Condair, Winix, Neptronic, Philips, and Stadler form.
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