A household dehumidifier refers to a device that uses refrigeration to reduce the absolute humidity in the air, maintain a relatively suitable humidity in the space, and prevent items and household items that are prone to moisture from getting damp or moldy. It also allows products and drugs that require high humidity to be manufactured, produced, and stored within the required humidity range.
Overview of Market Development
The Europe household dehumidifier market holds a certain share in the global market, and with consumers' increasing demand for indoor environmental comfort, the market size is steadily growing. According to our research data, the estimated market size of household dehumidifiers in Europe in 2024 is €787 million, an increase of 6.39% compared to 2023.
In the future, with the increasing awareness of indoor humidity control among European consumers, the demand for household dehumidifiers will continue to grow. In addition, new technologies such as the Internet of Things and intelligent control will further promote the upgrading of household dehumidifier products and enhance user experience. This will provide impetus for further expansion of the market. By 2029, the Europe household dehumidifier market size is expected to increase to €1030 million. The CAGR for 2024-2029 is estimated to be 5.53%.
Market Competition Pattern
From the perspective of market competition, the concentration of the European household dehumidifier market is relatively low. Data shows that in 2023, the output value of household dehumidifiers from the top 3 companies in the industry was €178 million, with a total output value share of only 24.12%. The top three companies were De'Longhi, LG, and Honeywell. In 2023, these three companies accounted for 17.98%, 17.07%, and 10.75% of the revenue from the household dehumidifier market in the European market, respectively.
Europe Household Dehumidifier Market Size Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, household dehumidifiers can usually be divided into two categories based on the different dehumidification methods: compressor-type and desiccant-type. Among them, compressor-type dehumidifiers dominate the market, with an estimated market share of 65.66% in 2024.
From a national perspective, Germany is the largest revenue market for household dehumidifiers in Europe. Data shows that the estimated revenue of the Germany household dehumidifier market in 2024 is €126 million, with a market share estimated at 16.01%; The UK and France markets are expected to rank second and third with market shares of 12.83% and 10.93%, respectively.
Europe Household Dehumidifier Segment Market Size and Market Share Forecast in 2024
|
Market Revenue (Million EUR)
|
Market Share
|
Segmented by Type
|
Compressor-Type
|
517
|
65.66%
|
Desiccant-Type
|
270
|
34.34%
|
Segmented by Country
|
Germany
|
126
|
16.01%
|
UK
|
101
|
12.83%
|
France
|
86
|
10.93%
|
Italy
|
74
|
9.40%
|
Spain
|
41
|
5.21%
|
Sweden
|
17
|
2.16%
|
Others
|
342
|
43.46%
|
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Household Dehumidifier Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".