Global Humidifier Market: Overview
The global humidifier market is expected to register positive growth in the near future. Its positive pace of development is not surprising, thanks to global nature of climate change challenges and increased concern about personal wellbeing. Humidifiers are devices which help increase humidity in indoor settings. These are widely deployed in residential, commercial, and industrial settings as well for the wellbeing of personnel. The humidifier market is home to warm-mist humidifiers, ultrasonic humidifiers, and cold-mist humidifiers. Growing concerns about humidity, and air-quality issues are expected to drive significant growth in the humidifier market.
Global Humidifier Market: Notable Developments
A newly published report in the Atlantis Press pointed to price being the main differentiator among different companies in the humidifier market. Although the study used a very small sample, it points to a growing need for focus on multi-purpose design in manufacturing. For example, light effect and music foundation can be added to humidifiers to distinguish products from others. Additionally, the study also revealed consumer preferences for mute-mode of operations for humidifiers which let people work without sound interference. The growing focus on user-friendly designs can also aid growth of the humidifier market in the near future.
To understand how our report can bring difference to your business strategy, Ask for a brochure
Recently, the US CPSC or the Consumer Product Safety Commission alerted consumers on potential health hazards associated with dirty humidifiers. CPSC noted that growth of fungi and bacteria can lead to lung problems, especially dangerous for asthma patients. In 2014, CPSC had informed consumers about possible fire hazards associated with a specific company’s dehumidifier. These hazards resulted in over 70,000 product recalls. Incidences like these, and growing challenges associated with humidifiers are expected to remain major concerns in the humidifier market in the near future.
Global Humidifier Market: Drivers and Restraints
The industrial sector is expected to drive significant demand in the humidifier market in the near future. Robust industrial growth in recent periods, increasing focus on workplace safety, and low interest rates making ways for more investment in infrastructure are expected to create new opportunities in the humidifier market. Additionally, government entities like CPSC issue guidelines on temperatures regularly and various types of humidifiers. The growth of new types of humidifiers like ultrasonic are ideal for different settings than conventional. Additionally, the growth of handheld and portable humidifiers are expected to make new penetration in residential areas. The expanding opportunities and parallel innovation in humidifiers is expected to drive major growth for the humidifier market in the near future.
Stuck in a neck-to-neck competition with other brands? Request a custom report on “Humidifier Market”
The handheld and portable humidifier are also expected to make new inroads globally. For example, in middle and low income countries, healthcare institutions often rely on little infrastructure to care for patients. However, new means of providing a better quality care with regulated temperatures can make way for significant improvements and better care for end-patients. The high penetration of humidifiers in developed countries, and emerging growth in middle and low income countries can be a major boon for the humidifier market.
Global Humidifier Market: Geographical Analysis
The global humidifier market is expected to witness robust growth in regions like North America. North America region is witnessing a major boon for new industries like data centers. These are heavily reliant on temperature maintenance for energy efficiency and subsequent reduction in costs. The HVAC systems play a major role in this industry and increasing focus on healthcare in the US is likely to make new in-roads in the humidifier market. Asia Pacific region is expected to witness the fastest growth in the near future as humidifiers take center stage, thanks to changing global climates and growing disposable income in the region.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.