Saudi Arabia Dehumidifier Market Size & Outlook, 2023-2030
Saudi Arabia dehumidifier market, 2018-2030 (US$M)
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Saudi Arabia dehumidifier market highlights
- The Saudi Arabia dehumidifier market generated a revenue of USD 31.9 million in 2023 and is expected to reach USD 53.8 million by 2030.
- The Saudi Arabia 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 31.9 million |
| Market revenue in 2030 | USD 53.8 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, Saudi Arabia accounted for 1.0% 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 Middle East & Africa, South Africa dehumidifier market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 53.8 million by 2030.
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Dehumidifier Market Scope
Dehumidifier Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 55.8% in 2023. Horizon Databook has segmented the Saudi Arabia dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
The infrastructural development in the country is growing owing to the surging population coupled with high spending power. The climatic condition of Saudi Arabia is very uncertain, and its temperature is generally above 39O C. Therefore, residents prefer dehumidifiers to control the humidity in the house.
Therefore, it is expected that surging infrastructural development coupled with high availability of dehumidifiers is expected to drive the market growth over the forecast period. Riyadh and Jeddah are the major hubs and therefore, have numerous machinery, oil, and food processing industries.
These industries require industrial dehumidifiers as humidity is a primary parameter to be considered relating to the competence of warehouses opted for the storage of commodities that are reactive to definite parameters such as humidity.
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Our clientele includes a mix of dehumidifier market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia dehumidifier market size, by technology, 2018-2030 (US$M)
Saudi Arabia Dehumidifier Market Outlook Share, 2023 & 2030 (US$M)
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