Global Residential Desiccant Dehumidifier Market Size Was $792 Million in 2023

A residential desiccant dehumidifier is a device that reduces absolute humidity in the air through refrigeration to maintain a relatively suitable humidity in the space. It generally consists of a compressor, evaporator, condenser, fan, temperature and humidity control system (temperature and humidity probe), ABS plastic parts, and other components. Residential desiccant dehumidifiers are important household appliances that play a crucial role in maintaining humidity balance in the home environment and protecting household items.
Overview of Market Development
As an important household appliance in modern life, residential desiccant dehumidifiers mainly improve and optimize the indoor humidity environment through moisture absorption, dehumidification, and humidity regulation. With the improvement of living standards, people's demands for quality of life are also increasing, which has led to a growing demand for residential desiccant dehumidifiers on a global scale. Especially in the context of climate change leading to intensified humidity issues and increased health awareness, the growth prospects of the residential desiccant dehumidifier market are even more promising.
According to our research data, the global market size of residential desiccant dehumidifiers was $792 million in 2023, an increase of 6.71% compared to 2022. It is expected that the market will continue to maintain stable growth in the coming years, and the market size may increase to $1096 billion by 2028.

Global Residential Desiccant Dehumidifier Market Size Forecast and Market Share by Region  

Global Residential Desiccant Dehumidifier Market Size Forecast and Market Share by Region

Source: www.globalmarketmonitor.com
Regional Distribution Analysis
From a regional distribution perspective, the global residential desiccant dehumidifier market is mainly concentrated in North America, Europe, and the Asia Pacific region. Among them, Europe is the largest revenue market. This is mainly due to the climate characteristics of the European region and the pursuit of consumer comfort in life. According to the data, the market size of residential desiccant dehumidifiers in Europe in 2023 was $280 million, accounting for 35.33% of the market share; North America and the Asia Pacific region have become the second and third largest revenue markets with 32.10% and 24.78% respectively. In addition, in the Asia Pacific region, the Chinese market has undergone rapid changes in the past few years, demonstrating enormous market potential.
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global residential desiccant dehumidifier market is moderate. According to our data, the total revenue of the residential desiccant dehumidifier market for the top 3 enterprises in 2023 was $275.77 million, with a total revenue share of 34.84%. The top three companies were EcoSeb, EcoAir, and Meaco, with their respective market revenue share of 12.57%, 11.34%, and 10.91% in the global market for residential desiccant dehumidifiers in 2023.

Residential Desiccant Dehumidifier Revenue and Share of Main Companies in 2023

Companies

Revenue (Million USD)

Share

EcoSeb

99.55

12.57%

EcoAir

89.81

11.34%

Meaco

86.41

10.91%

Top3

275.77

34.84%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "Global and Europe Residential Desiccant Dehumidifier Market Professional Survey Report 2019".

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