The global humidifier market size was valued at USD 1.80 Billion in 2022 and is expected to surpass USD 2.94 Billion by 2031 , expanding at a CAGR of 5.6% during the forecast period, 2023–2031. The growth of the market is attributed to the rising air pollution level and increasing awareness about indoor air quality maintenance.
A humidifier is an electronic device that releases moisture into the air to regulate or prevent dryness in an indoor environment. Air dryness causes several health issues such as skin irritation, respiratory problems, and body allergies due to uneasiness in parts of the body such as dry nose, dry lips, and dry throat. The condition of air dryness can be a major problem for people having asthma, seasonal allergies, sinuses, and lung problems. A humidifier helps in alleviating these health issues and reducing infections as the device aids in moisturizing the dry air. As a result, devices are widely used in various residential, commercial, and industrial spaces to ensure a healthy and quality air cycle in a room or an entire house. However, excessive use of moisture and use of uncleaned humidifiers can produce pathogens that can cause several health issues to people.
The COVID-19 pandemic outbreak had a negative impact on the market due to prolong shutdown of the manufacturing units of manufacturers and sudden disruption in the supply chain as a consequence of emergency lockdowns across the globe. However, the pandemic had made people realize the importance of a healthier indoor environment and the need for setting up devices to provide quality air, especially in the living room. This paves the way to accelerate the demand for humidifiers in the coming years.
Market Trends, Drivers, Restraints, and Opportunities
-
Wide prevalence of various health issues such as respiratory problems, and skin and eye infections caused by the condition of air dryness is a key factor driving the market.
-
Growing awareness among consumers regarding the availability of various indoor air purification options and air conditioning methods is expected to boost the market in the coming years.
-
Excessive use of moisture air and use of unclean humidifiers can cause bacterial growth that affects health conditions, which is expected to impede the market during the forecast period.
-
High cost of devices and the requirement for replacing filters regularly are other major restraining factors that can hinder the market.
-
Rapid introduction of innovative products by key players that improve the effectiveness of the devices in regulating indoor air quality is creating lucrative opportunities for the market.
Scope of the Report
The report on the global humidifier market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
|
Details
|
Report Title
|
Humidifier Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
Base Year
|
2022
|
Historic Data
|
2016–2021
|
Forecast Period
|
2023–2031
|
Segmentation
|
Types (Portable [Cool-mist Humidifiers, Ultrasonic Humidifiers, and Warm-mist Humidifiers] and Fixed), Applications (Residential, Commercial, and Industrial), and Distribution Channels (Offline [Retail Stores, Exclusive Stores, and Others] and Online)
|
Regional Scope
|
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
Key Players Covered in the Report
|
Honeywell International Inc.; Jarden Corporation; Boneco AG; Dyson Ltd; Crane USA; Carel Industries SpA; Neptronic; Hunter Home Comfort; Smart Fog Inc.; Venta Air Technologies, Inc.; Essick Air Products, Inc.; Aprilaire; and Guardian Technologies
|
Market Segment Insights
Portable segment to hold a key market share
Based on types, the global humidifier market is bifurcated into portable and fixed. The portable segment is further divided into cool-mist humidifiers, ultrasonic humidifiers, and warm-mist humidifiers. The portable segment held a dominant market share in 2021 and is expected to hold a key market share during the forecast period owing to the high traction of cool mist humidifiers among consumers. Cool mist humidifiers are widely adopted in both residential and industrial spaces due to certain advantages of the device type such as protection from skin irritation and respiratory issues caused by germs and bacteria.
Rising construction of new residential buildings boosts the residential segment
In terms of applications, the market is segmented into residential, commercial, and industrial. The residential segment accounted for more than 42% of the global market share and is projected to exhibit a robust growth rate during the forecast period owing to the rising construction of new residential buildings and increasing demand for humidifiers to maintain the healthy air quality in an indoor environment. The rising global population as well as increasing consumers’ spending on smart home appliances and smart household items further boost the segment. As per several global reports, the humidifier sale share volume constituted more than 2% of the global home appliances market in 2021.
Availability of products from multiple brands boosts the online segment
On the basis of distribution channels, the global humidifier market is bifurcated into offline and online. The offline segment is further segregated into retail stores, exclusive stores, and others. The online segment is projected to register a considerable CAGR during the forecast period owing to the wide availability of different products from multiple brands and offering the devices at heavy discount prices. Moreover, the facility of door-step delivery from e-commerce platforms and easy exchange processes further drives the segment
Europe to dominate the market
In terms of regions, the global humidifier market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe constituted a major market share in 2021 and is expected to dominate the market during the projected period owing to the presence of a large health-conscious population, who are well aware of the benefits of using humidifiers in their households. Moreover, wide installation of the devices across companies based in the region to ensure a healthy working environment for employees or workers and rapid expansion of various industries further fuel the segment.
Segments
The global humidifier market has been segmented on the basis of
Types
- Portable
- Cool-mist Humidifiers
- Ultrasonic Humidifiers
- Warm-mist Humidifiers
- Fixed
Applications
- Residential
- Commercial
- Industrial
Distribution Channels
- Offline
- Retail Stores
- Exclusive Stores
- Others
- Online
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Honeywell International Inc.
- Jarden Corporation
- Boneco AG
- Dyson Ltd
- Crane USA
- Carel Industries SpA
- Neptronic
- Hunter Home Comfort
- Smart Fog Inc.
- Venta Air Technologies, Inc.
- Essick Air Products, Inc.
- Aprilaire
- Guardian Technologies
Competitive Landscape
Key players competing in the global humidifier market are Honeywell International Inc.; Jarden Corporation; Boneco AG; Dyson Ltd; Crane USA; Carel Industries SpA; Neptronic; Hunter Home Comfort; Smart Fog Inc.; Venta Air Technologies, Inc.; Essick Air Products, Inc.; Aprilaire; and Guardian Technologies. Some of these players have adopted a series of business development strategies including merger and acquisition, entering into partnerships and collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share.