Residential Portable Dehumidifier Market Size, Share, Growth, and Industry Analysis, By Type (Compressor Type Dehumidifiers and Desiccant Type Dehumidifiers), By Application (Offline Sales and Online Sales), Regional Insights, and Forecast To 2032

Residential Portable Dehumidifier Market Report Overview

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The global residential portable dehumidifier market size was USD 979 million in 2021 and the market is projected to touch USD 1967 million by 2032 at a CAGR of 6.5% during the forecast period.

A residential portable dehumidifier is a compact device designed to remove excess moisture from the air within a residential space. It is commonly used in homes, apartments, or other living areas to maintain an optimal humidity level and prevent issues such as mold, mildew, or excessive condensation.

The main function of a residential portable dehumidifier is to extract moisture from the air. They draw in humid air through a fan and pass it over cooled coils. As the air cools, the moisture in the air condenses onto the coils and is collected in a removable water tank or drained through a hose. The dehumidifier then releases the drier air back into the room.

The market for residential portable dehumidifiers has experienced significant growth in recent years due to several factors. One primary factor is the increasing awareness among homeowners about the importance of maintaining proper humidity levels in their living spaces. Excessive humidity can lead to issues like mold growth, musty odors, and damage to furniture or structural elements. In addition, the market is bifurcated by type, by application, and by geographical expansion of the market. Besides, based on product, compressor-type dehumidifiers are the most popular product in the market. On the other, offline sales are the largest application segment. Thereby, the market is predicted to rise during the forecast 2024-2032.

COVID-19 Impact: Pandemic Disrupted Supply Chain due to Limitations on Industrial Activities

The COVID-19 pandemic disrupted global supply chains, impacting the manufacturing and distribution of various products, including dehumidifiers. Factory shutdowns, limited availability of raw materials, and transportation challenges resulted in delays and shortages in some regions, affecting the market's supply. However, lockdown restrictions have created an awareness and demand for residential dehumidifiers. As people spent more time at home during lockdowns and became more conscious of indoor air quality. Also, homeowners sought ways to create a comfortable and healthy living space with this device which is anticipated to push higher sales of dehumidifiers in the coming years.

Latest Trends

"Trend of Unification of Dehumidifiers with Smart Technology Inflate the Market Scope"

The market for residential portable dehumidifiers is expected to grow substantially due to ongoing trends and the latest development in the market. Integration of smart technology is one of the latest trends in the market. As, manufacturers are focusing on emerging dehumidifiers with advanced technologies such as smart sensors, programmable timers, and adjustable humidity settings to optimize energy usage while maintaining desired humidity levels. As well as the amalgamation of dehumidifiers with smart home systems and voice assistants is becoming more prevalent. This allows users to control and monitor their dehumidifiers remotely through mobile apps or voice commands, enhancing convenience and ease of use. Consequently, these trends and rising development are credited to fuel the demand for the dehumidifiers which is anticipated to support the residential portable dehumidifier market growth over the forecast period. 

Residential Portable Dehumidifier Market Segmentation

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By Type Analysis

According to type, the market can be bifurcated into compressor type dehumidifiers and desiccant type dehumidifiers.

By Application Analysis

Based on application, the market can be divided into offline sales and online sales.

Driving Factors

"Increasing Awareness of Indoor Air Quality Elevate the Demand for Residential Dehumidifiers"

The market is witnessing a hike in the demand for these dehumidifiers due to the growing awareness about the importance of maintaining good indoor air quality. Since consumers are becoming more conscious of the potential health risks associated with high humidity, specifically, in coastal areas during the summers, such as mold growth, allergens, and respiratory issues. This awareness motivates individuals to invest in dehumidifiers to create a healthier living environment which is likely to drive the growth of the market in the upcoming years. 

"Rising Occurrence of Extreme Weather Events Augment the Market Growth"

The demand for the product is also driven by the rising occurrence of extreme weather events. In other words, climate change has resulted in an increase in extreme weather events, including heavy rainfall and flooding. These events can lead to excessive moisture and humidity levels in homes. As a result, homeowners seek dehumidifiers as a preventive measure to control humidity, prevent mold growth, and protect their properties. Therefore, the factor is attributed to fuel the demand for the product over the forecast period.

Restraining Factors

"High Cost Can Impede the Market Expansion"

In spite of driving factors, certain restraining aspects can affect the market growth, for instance, the upfront cost of purchasing a residential portable dehumidifier can be a deterrent for some consumers. Higher-quality dehumidifiers with advanced features and larger capacities tend to be more expensive. This can discourage price-sensitive customers from investing in a dehumidifier, particularly if they perceive it as a non-essential or discretionary expense. Thus, the factor can confine the market to reach its full potential growth. 

Residential Portable Dehumidifier Market Regional Insights

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"North America Leads the Market with the Higher Demand for Dehumidifiers due to High Humidity Area"

According to market research, North America, including the U.S. and Canada, is often a key market for residential portable dehumidifiers. The region experiences diverse climate conditions, ranging from humid regions in the southern states to more arid or temperate areas. The awareness of indoor air quality and the demand for dehumidifiers are generally high, driven by factors such as high humidity, basement moisture issues, and consumer preferences for comfortable living environments. Furthermore, in 2022, North America accounted for more than one-third of the residential portable dehumidifier market share. In addition to this, climate change, economic development, and government initiatives related to health and sustainability are other key aspect to thrive the market in the region. 

Key Industry Players

"Key Players Aim to Capture Market Share & Drive Demand through their Product Offerings"

With regard to key players, major companies stimulate the market through a combination of factors, including product innovation, competitive pricing, marketing campaigns, brand reputation, and customer support. They continuously invest in research and development to improve their dehumidifiers' performance, energy efficiency, and user experience. By understanding consumer needs and preferences, the key companies aim to capture market share and drive demand through their product offerings and marketing strategies. Moreover, one of the leading companies Danby is a Chinese reputable brand that offers a range of dehumidifiers for residential use. They inspire the market through product diversity, catering to different customer needs with varying capacities and features. Danby emphasizes durability, energy efficiency, and quiet operation in their dehumidifiers. They also emphasize customer satisfaction and provide strong after-sales support.

LIST OF TOP RESIDENTIAL PORTABLE DEHUMIDIFIER COMPANIES

• Haier (China)
• Midea (China)
• Deye (China)
• Danby (Canada)
• Frigidaire (U.S)
• Eurgeen (China)
• Panasonic (Japan)
• Sharp (Japan)
• LG (Korea)
• Gree (China)
• Mitsubishi Electric
• De'Longhi
• Philips
• Songjing
• Kenmore
• Friedrich
• SoleusAir
• Sunpentown
• SEN Electric
• TCL
• GE Appliance
• Ebac
• Hitachi
• Parkoo
• Chkawai
• Whynter

Report Coverage

This report defines the residential portable dehumidifier market. It emphasizes the market value, expected CAGR, and USD value over the forecast period, before and after the impact of the COVID-19 pandemic restrictions on the international market, and how the industry is going to turn the corner is also stated in the report. The report provides significant market data with its product type and product applications, end-use details, and an idea of the market growth in the future. This report also provides an understanding of the growing market trends and developments and their effects on the market growth, driving factors along with restraining factors that impact the market dynamics. Along with this, the leading region, key players of the market, and their tactics to beat the market competition, sustainable policies, their collaboration, mergers, companies’ profile, previous years’ revenue, profit & loss, and market position based on their share value in the market, are also explained in the report.