Italy Dehumidifier Market Size & Outlook, 2023-2030
Italy dehumidifier market, 2018-2030 (US$M)
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Italy dehumidifier market highlights
- The Italy dehumidifier market generated a revenue of USD 114.0 million in 2023 and is expected to reach USD 177.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.5% 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 114.0 million |
| Market revenue in 2030 | USD 177.2 million |
| Growth rate | 6.5% (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, Italy accounted for 3.6% 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 Europe, Germany dehumidifier market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 379.0 million by 2030.
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Dehumidifier Market Scope
Dehumidifier Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 55.61% in 2023. Horizon Databook has segmented the Italy dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
Protracted supply constraints and sharply rising energy prices deepen the near-term outlook. In near future, diminishing purchasing power and confidence of consumers are projected to impact the real GDP growth of Italy, especially in the consumer services sector.
The construction industry in Italy is recovering after several years of economic crisis. The flourishing retail, manufacturing, and tourism sectors in the country are anticipated to result in increased construction activities in Italy.
Commercial dehumidifiers are used for removing dust, dirt, and moisture from the air. They are also used for lowering indoor dampness. Dehumidifiers can improve the quality of indoor air by removing excess moisture from it, resulting in a highly pleasant environment.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into Italy dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy dehumidifier market size, by technology, 2018-2030 (US$M)
Italy Dehumidifier Market Outlook Share, 2023 & 2030 (US$M)
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