China Dehumidifier Market Size & Outlook, 2023-2030
China dehumidifier market, 2018-2030 (US$M)
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China dehumidifier market highlights
- The China dehumidifier market generated a revenue of USD 324.0 million in 2023 and is expected to reach USD 544.7 million by 2030.
- The China market is expected to grow at a CAGR of 7.7% 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 324.0 million |
| Market revenue in 2030 | USD 544.7 million |
| Growth rate | 7.7% (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, China accounted for 10.2% 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 Asia Pacific, China dehumidifier market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 303.8 million by 2030.
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Dehumidifier Market Scope
Dehumidifier Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 56.94% in 2023. Horizon Databook has segmented the China dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
Various industries such as semiconductors, automotive, and lithium-ion batteries are continuously expanding in China which is creating the demand for new dehumidifiers. Lithium-ion battery production demands strict humidity controls, which is below 1% relative humidity. This level of relative humidity is achieved by high-performance dehumidifiers.
According to the Ministry of Industry and Information Technology (MIIT), total lithium-ion battery production in the country reached 750 GWh in 2022, exhibiting an increase of 130% from 2021. Rapid urbanization in China is one of the primary factors boosting the growth of the construction sector.
The government has implemented the National New-type Urbanization Plan 2014–2020 to manage excessive growth in urban areas. The growth in the construction industry is also facilitating the growing demand for portable dehumidifiers.
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Our clientele includes a mix of dehumidifier market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into China dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China dehumidifier market size, by technology, 2018-2030 (US$M)
China Dehumidifier Market Outlook Share, 2023 & 2030 (US$M)
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