Brazil Dehumidifier Market Size & Outlook, 2023-2030
Brazil dehumidifier market, 2018-2030 (US$M)
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Brazil dehumidifier market highlights
- The Brazil dehumidifier market generated a revenue of USD 72.4 million in 2023 and is expected to reach USD 113.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, desiccant was the largest revenue generating technology in 2023.
- Desiccant is the most lucrative technology segment registering the fastest growth during the forecast period.
Dehumidifier market data book summary
| Market revenue in 2023 | USD 72.4 million |
| Market revenue in 2030 | USD 113.2 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Desiccant |
| Fastest growing segment | Desiccant |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Refrigerative, Desiccant, Electronic/Heat Pump |
| Key market players worldwide | LG Electronics Inc ADR, Honeywell International Inc, Haier, De'Longhi SPA, Whirlpool Corp, Munters Group AB Class B |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global dehumidifier market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil dehumidifier market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 76.8 million by 2030.
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Dehumidifier Market Scope
Dehumidifier Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil dehumidifier market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dehumidifier market will help companies and investors design strategic landscapes.
Desiccant was the largest segment with a revenue share of 57.04% in 2023. Horizon Databook has segmented the Brazil dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
High investment in the industrial sector is likely to fuel the market growth with the increasing demand for dehumidifiers humidity control at manufacturing sites. For instance, in November 2022, BYD, a Chinese car manufacturer, announced to set up a manufacturing facility for electric cars and other battery components in Bahia, Brazil.
The growing commercial sector is also expected to drive the demand for dehumidifiers over the forecast period. The shift in consumer behavior is likely to result in an expansion of hotels, cafes, restaurants, gyms, and sports centers.
The growing commercial spaces are also fueling the demand for dehumidifiers in the country. According to The Brazilian Food Industry Association (Abia), the Brazilian food service sector grew by 26% in 2021.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into Brazil dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil dehumidifier market size, by technology, 2018-2030 (US$M)
Brazil Dehumidifier Market Outlook Share, 2023 & 2030 (US$M)
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