South Africa Dehumidifier Market Size & Outlook, 2023-2030
South Africa dehumidifier market, 2018-2030 (US$M)
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South Africa dehumidifier market highlights
- The South Africa dehumidifier market generated a revenue of USD 38.2 million in 2023 and is expected to reach USD 63.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.6% 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 38.2 million |
| Market revenue in 2030 | USD 63.6 million |
| Growth rate | 7.6% (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, South Africa accounted for 1.2% 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 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 |
|---|
South Africa 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 56.81% in 2023. Horizon Databook has segmented the South Africa dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is a lucrative market for numerous manufacturing industries like food, pharmaceutical, and lithium. These industries require dry rooms or areas with low humidity to store manufactured goods because excess humidification may result in poor hygiene and subsequent damage to the product.
Furthermore, the growing urban population in South Africa is driving the demand for milk & processed food, powdered food, processed meat, spices, snack foods, and confectionery products. This is driving the demand for warehousing and further adding to the demand for dehumidifiers to control the quality of the product.
According to the International Trade Organization, South Africa was the largest pharmaceutical market in sub-Saharan Africa in 2020, accounting for a total pharmaceutical expenditure of approximately USD 3.6 billion.
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Our clientele includes a mix of dehumidifier market companies, investment firms, advisory firms & academic institutions.
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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 South Africa dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into South Africa dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa dehumidifier market size, by technology, 2018-2030 (US$M)
South Africa Dehumidifier Market Outlook Share, 2023 & 2030 (US$M)
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