Humidifier Market Growth Prospects and Key Opportunities by 2030

Humidifiers are increasingly used across commercial, residential, and industrial sectors to improve indoor air quality. According to a new study by Future Market Insights (FMI), surging awareness among consumers about the importance of maintaining healthy indoor air quality will enable growth in humidifiers market. It is expected to rise at 5.6% CAGR between 2020 and 2030.

The market is recording surging demand for various types of humidifiers such as ultrasonic, cold mist, warm mist, and others. Innovations in humidifiers are further helping the market gain traction. Despite witnessing disruptions due to the COVID-19 outbreak, the humidifier market is anticipated to witness impressive growth during the forecast period.

Get a Sample Copy of Report:

Some of the key takeaways from the report are highlighted below-

  • Demand for cool mist humidifiers will remain high, however, sales recorded in the ultrasonic humidifier category is expected to be comparatively higher
  • Portable humidifiers are likely to get more popular due to their ease of installation
  • The online/ ecommerce segment will emerge as the most preferred sales channels
  • Residential sector is likely to exhibit significantly high demand for humidifiers
  • North America is expected to lead the global humidifier market followed by Europe during the forecast period

COVID-19 Impact Analysis

The outbreak of novel coronavirus has resulted in restricted growth of the humidifier market. Various factors such as shutting down of manufacturing units during lock down, restricted labor supply, disruptions in supply chain, and other hindrances caused due to the pandemic have been hampering operations within the market.

With sales via retail channels visibly hampered due to restrictions imposed to contain the novel coronavirus, manufacturers are shifting focus towards strengthening their online presence. Consequently, despite aforementioned restraints, the market is likely to witness higher volume of consumer traffic across ecommerce platforms.

Who is Winning

As the humidifier market is expanding gradually, the key market players are focusing on launching innovative products.

For instance, Philips has launched their advanced humidifier equipped with nano cloud technology which uses natural evaporation process to humidify indoor air in the current year.

Some of the key market players giving tough competition are Honeywell International Inc., Dyson Ltd., De’Longhi S.P.A, BONECO AG, LG Electronics, and others.

Ask for Customization:

More Valuable Insights on Humidifier Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global humidifier market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of type (warm mist humidifiers, cool mist humidifiers, ultrasonic humidifiers, others), installation type (fixed, portable), sales channel (online/ecommerce, retail stores (physical)), end user (residential, commercial, industrial), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

Humidifier Industry Survey

Humidifier Market by Humidifier Type:

  • Warm Mist Humidifiers
  • Cool Mist Humidifiers
  • Ultrasonic Humidifiers
  • Others

Humidifier Market by Installation Type:

  • Fixed Humidifiers
  • Portable Humidifiers

Humidifier Market by Sales Channel:

  • Online/e-Commerce
  • Retail Stores

Humidifier Market by End User:

  • Residential Humidifiers
  • Commercial Humidifiers
  • Industrial Humidifiers

Humidifier Market by Region:

  • North America Humidifier Market
  • Latin America Humidifier Market
  • Europe Humidifier Market
  • East Asia Humidifier Market

Check Related Links Here :

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
United Arab Emirates

Leave a comment

Your email address will not be published. Required fields are marked *