The global humidifier market is anticipated to grow at a CAGR of 5.1% during the forecast period (2022-2028). The major factor attributing to the growth of the global humidifier market include the increasing use of humidifiers as a therapy for eczema caused due to dry skin due to the increasing prevalence of eczema across the globe. According to the statistics provided by the National Eczema Association (NEA), around 31.6 million people are suffering from eczema in the US representing around 10.1% of the total population of the US. The prevalence of expected to occur in one in every 10 people during their lifetime. Thus, increasing the demand for humidifiers for dry skin therapy.
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The use of humidifiers is also increasing in cold temperatures as the air dries in cold temperatures due to increasing cold temperatures across the globe. According to an article published by the World Economic Forum in collaboration with The Conversation in September 2021, extreme cold weather events are expected to attribute to arctic warming causing the major cold waves in entire North America, from Canada to Northern Mexico. It is expected that cold waves are likely to become common due to these events. Among these, the US faced the coldest temperature in February 2021. Furthermore, the use of humidifiers is also increasing due to various benefits. The benefits include moisturization of lips & skin, protection of throat, soothing the sinuses, easing the symptoms of illness, keeping the cilium healthy, reduction in snoring, humidifying the houseplants, protection of floor & furniture from dust & mites, and many others. Thus, contributing to the growth of the global humidifier market.
Some major players in the market include Honeywell International Inc., Dri-Steem Corp., Plaston Group, Carel Industries S.p.A., and Condair Group, among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, according to an article published on the People by Meredith Corp. in May 2022, the three best humidifiers available in the market in 2022 include Levoit Classic 300S Ultrasonic Smart Humidifier, GENIANI Portable Small Cool-Mist Humidifier, and Dyson Purifier Humidify Cool Formaldehyde.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Honeywell International Inc., Dri-Steem Corp., Plaston Group, Carel Industries S.p.A., Condair Group, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Humidifier Market Report by Segment
By Type
- Ultrasonic Humidifiers
- Cool-Mist Humidifiers
- Warm-Mist Humidifiers
- Others
By Application
- Residential
- Commercial
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