Enjoy complimentary customisation on priority with our Enterprise License!
According to the research report humidifiers market, will witness a growth of 5.2% at a CAGR of 5.5% which is expected to increase by USD 661.32 million.
This humidifiers market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers humidifier market segmentation by product (warm-mist humidifiers, ultrasonic humidifiers, and cool-mist humidifiers) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The humidifiers market report also offers information on several market vendors, including Armstrong International Inc., CAREL INDUSTRIES Spa, Condair Group AG, Coway Co. Ltd., Crane USA, Dyson Ltd., Foneric Technology Co. Ltd, Guardian Technologies LLC, HeavenFresh, Honeywell International Inc., Hunter Home Comfort, Koninklijke Philips NV, LG Electronics Inc., Preston AG, Resideo Technologies Inc., Stadler Form Aktiengesellschaft, STULZ GmbH, The Procter and Gamble Co., Venta Air Technologies Inc., and Vornado Air LLC among others.
Download Report Sample to Unlock the Humidifiers Market Size for the Forecast Period and Other Important Statistics
Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The advances in product design and technology enabling premium pricing are notably driving the humidifiers market growth, although factors such as the availability of alternative products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the humidifiers industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Humidifiers Market Driver
One of the key factors driving the humidifier market growth is the advances in product design and technology enabling premium pricing. Many vendors in the market focus on developing advanced product designs and technologies that enable premium pricing. The technologically advanced humidifiers offered by various vendors can operate autonomously for up to 18 hours. These humidifiers are ideal for providing uninterrupted clean air with an optimal humidity level. Most people spend up to 90% of their lives indoors. Different types of bacteria, molds, viruses, and dust mites are found indoors than outdoors, and proper humidity control is important for minimizing the growth of these bacteria, molds, viruses, and dust mites. High airborne moisture gives less opportunity for dust and particulate matter to circulate in the air. Humidified air also helps to reduce nasal dryness and makes breathing easy. Less static electricity creates a comfortable environment for everyone in the household. Therefore, with the increasing awareness of the importance of maintaining indoor air quality, the global humidifier market will record growth during the forecast period.
Key Humidifiers Market Trend
Increasing demand for smart connected humidifiers is the major trend influencing the humidifiers market growth. The growing adoption of smart homes encourages manufacturers to develop and introduce smart features in indoor living products. The introduction of smart connected humidifiers for the residential segment is an example of such a development. The high demand for sophisticated and smart connected products is therefore expected to have a positive impact on the growth of the global market in the coming years. Most consumers, particularly in developed countries, readily adopt the latest technologies. This is mostly because of their hectic lifestyles and the resultant need for convenient and efficient products. Customers can monitor humidity levels by using mobile apps. For instance, Holmes (a brand of Jarden Consumer Solutions) offers Holmes Large Smart Humidifier that works with the WeMo app. Customers can monitor the humidity levels, adjust settings, and can receive alerts regarding low water levels and the time to change filters by using the WeMo app.
Key Humidifiers Market Challenge
The availability of alternative products is one of the key challenges hindering the humidifier market growth. The availability of alternative products, such as air washers, hinders the growth of the global humidifier market. An air washer is a hybrid appliance, which is a combination of an air purifier and a humidifier. Much like conventional air purifiers, air washers help remove allergens from the air. They also add moisture to the air. The most popular types of air washers use impeller technology. In this case, a continuous bath of water rinses large allergens that collect on the discs and deposits them at the bottom of the unit. The impeller technology uses a series of spinning discs that filter out allergens and particles from the air as it is drawn into the unit. The discs then propel clean water through a special diffusing screen, which breaks down the water into a fine mist that blankets the air. Most tabletop models can disperse around a gallon of humidity per day. The availability and adoption of these alternative products will hinder the growth of the global humidifier market during the forecast period.
This humidifiers market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global humidifiers market as a part of the global household appliances market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the humidifiers market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the humidifier market encompasses successful business strategies deployed by the key vendors. The humidifiers market is fragmented and the vendors are deploying growth strategies such as developing new and innovative humidifiers to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The humidifiers market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the humidifiers market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
45% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for humidifiers market in North America. Market growth in this region will be faster than the growth of the market in other regions.
The ease of usage and simple installation processes of these appliances drive the humidifier market in the US. Additionally, the increase in the awareness and stringent promulgation of indoor air quality standards from various regulatory bodies are also fueling the growth of the market in the region. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, many people started to work from home in the region due to the lockdown. This led to increased demand for products such as humidifiers that can improve indoor air quality and prevent airborne diseases. Hence the demand for humidifiers in the region increased in 2020. The demand for humidifiers is further expected to grow during the forecast period as many companies such as Google, Amazon, IBM, and others are planning for permanent work-from-home options in the region.
To gain further insights on the market contribution of various segments Request a PDF Sample
The humidifiers market share growth in the warm-mist humidifiers segment will be significant during the forecast period. The demand for warm-mist humidifiers is on the rise as these appliances claim to make indoor air bacteria-free. Vendors in the global humidifiers market are actively enhancing the features of warm-mist humidifiers, which spread warm and visible mist. Therefore, due to the various advantages of warm-mist humidifiers, the market for these humidifiers is expected to grow during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the humidifiers market size and actionable market insights on the post-COVID-19 impact on each segment.
Humidifiers Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.5% |
Market growth 2022-2026 |
$ 661.32 million |
Market structure |
Fragmented |
YoY growth (%) |
5.2 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 45% |
Key consumer countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Armstrong International Inc., CAREL INDUSTRIES Spa, Condair Group AG, Coway Co. Ltd., Crane USA, Dyson Ltd., Foneric Technology Co. Ltd, Guardian Technologies LLC, HeavenFresh, Honeywell International Inc., Hunter Home Comfort, Koninklijke Philips NV, LG Electronics Inc., Plaston AG, Resideo Technologies Inc., Stadler Form Aktiengesellschaft, STULZ GmbH, The Procter and Gamble Co., Venta Air Technologies Inc., and Vornado Air LLC |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.