Air Humidifiers Global Market Report 2024

“Air Humidifiers Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on air humidifiers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for air humidifiers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The air humidifiers market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Product: Portable Humidifier; Whole House Humidifier
• 2) By Distribution Channel: Online; Offline
• 3) By Application: Commercial; Industrial; Residential
• Companies Mentioned: Arel Industries S.p.A.; Armstrong International Inc.; Boneco AG; Carel Industries S.p.A.; Condair Group
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Air humidifiers are devices designed to increase moisture levels in the air, either in a single room or an entire building. Point-of-use humidifiers are commonly used in homes to humidify individual rooms, while whole-house or furnace humidifiers, connected to a home's HVAC system, provide humidity for the entire house. These devices add moisture to the air, offering benefits for individuals with respiratory symptoms or dry skin.

The primary types of air humidifiers include portable humidifiers and whole-house humidifiers. Portable humidifiers are standalone devices placed in a room to add moisture to the air. Vaporizers, ultrasonic humidifiers, and evaporative humidifiers are examples of portable humidifiers, each utilizing different technologies to introduce moisture into the air. Air humidifiers find applications in commercial, industrial, and residential settings, with distribution occurring through both online and offline channels.

The air humidifiers market research report is one of a series of new reports from The Business Research Company that provides air humidifiers market statistics, including air humidifiers industry global market size, regional shares, competitors with a air humidifiers market share, detailed air humidifiers market segments, market trends and opportunities, and any further data you may need to thrive in the air humidifiers industry. This air humidifiers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The air humidifiers market size has grown strongly in recent years. It will grow from $3.43 in 2023 to $3.66 in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth observed in the historic period can be attributed to various factors, including increased awareness of the health benefits associated with proper humidification, growing concerns about indoor air quality, a rise in the incidence of respiratory disorders and allergies, increased applications in commercial and industrial sectors (such as healthcare and hospitality), and changes in climate patterns and weather conditions. These factors collectively contributed to the heightened demand for air humidifiers, reflecting the growing recognition of the importance of maintaining optimal humidity levels in various environments.

The air humidifiers market size is expected to see strong growth in the next few years. It will grow to $4.7 in 2028 at a compound annual growth rate (CAGR) of 6.5%. In the forecast period, the anticipated growth can be attributed to factors such as increasing consumer demand for smart and connected home devices, a growing aging population with a heightened focus on senior care facilities, and the adoption of humidification in alignment with green building standards. These trends highlight the evolving preferences of consumers, the importance of technologies that enhance home environments, and the integration of humidification practices in sustainable building initiatives.

The growth of the air humidifiers market is being propelled by the increasing health awareness among global consumers. The rising consciousness about health and well-being has a direct impact on the demand for humidifiers. These devices play a vital role in reducing the spread of germs, alleviating dry skin, relieving allergy and asthma symptoms, and easing congestion. Data from the Australian Bureau of Statistics highlights a notable increase in people availing health services in 2021-2022 compared to the previous year, signifying an upsurge in health-related concerns among the population. This rise in health awareness is expected to drive the demand for air humidifiers, meeting the needs of health-conscious consumers worldwide.

The air humidifier market is set to experience growth driven by increasing construction activities. Construction activities, involving the use of resources and time by work teams, benefit from air humidifiers, particularly during dry winter months when indoor heating systems create excessively dry air. Dry air can lead to various issues, including dry skin, respiratory irritation, and static electricity buildup. Notably, statistics published by the UK's Office for National Statistics indicate a 5.6% increase in annual construction production in 2022 compared to the previous year. This rise in construction activities emphasizes the pivotal role of air humidifiers in addressing indoor air quality concerns, thereby propelling the market's growth.

A significant trend in the air humidifiers market is the manufacturers' heightened focus on developing advanced humidification systems. Innovative HVAC products that significantly enhance indoor comfort and air quality are gaining prominence. Optimal humidity levels not only improve air quality but also facilitate easier breathing. A case in point is the Smartmi Evaporative Humidifier 3, launched by Smartmi in September 2023. Engineered to redefine air quality and convenience, this innovative product offers mist-free natural humidification, a sizable 5L tank, a 350ml/h humidity output, smart controls, and ultra-quiet operation. Addressing issues such as respiratory irritation, allergies, and germ growth, this transformative humidifier aims to solve problems associated with dry air, catering to evolving consumer needs.

Prominent companies in the air humidifier market are strategically opting for collaborations to leverage extensive experience and expertise in crafting effective humidification systems. These strategic partnerships involve collaborative relationships between multiple organizations, geared towards achieving specific business objectives and goals. Such alliances among key industry players serve as catalysts for innovation and the wider application of air humidifiers. A prime example occurred in 2022 when Lavair, a UK-based air washer manufacturer, and Kaut, a German electric company, formed a collaboration to distribute efficient air humidification solutions for commercial and industrial use. This partnership capitalizes on the expertise of both companies, expanding their product portfolios and reinforcing their market competencies.

In a significant move in June 2021, Carel Industries, an Italy-based provider specializing in air conditioning, refrigeration, and heating systems for humidification and evaporative cooling, acquired a 51% stake in CFM Sogutma ve Otomasyon A.S, a Turkey-based company, for an undisclosed amount. With this strategic acquisition, Carel Industries aims to expand its footprint within the Turkish market. CFM Sogutma ve Otomasyon A.S, renowned for its offerings in refrigeration, air conditioning, humidification, industrial cooling, and building management systems, represents a strategic addition that aligns with Carel Industries' growth objectives and regional expansion plans.

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.

North America was the largest region in the air humidifiers market in 2023. The regions covered in the air humidifiers market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the air humidifiers market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The air humidifiers market consists of sales of central humidifiers, ultrasonic humidifiers, impeller humidifiers, steam vaporizers, and evaporators. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.