Market revenue in 2023 | USD 109.6 million |
Market revenue in 2030 | USD 173.9 million |
Growth rate | 6.8% (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 |
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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 55.57% in 2023. Horizon Databook has segmented the UK dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
The successful vaccine rollout in the UK is expected to bolster the country’s plans for an economic rebound. According to the World Bank, the UK was the fifth-largest country in the world and the second-largest country in Europe, in terms of GDP, in 2021. Major industries in the country include automobile, aerospace, oil & gas, and construction.
The Government of the UK has announced a stimulus package worth USD 5.50 billion to support the growth of the construction industry in the country. Under this package, corporations operating in the hospitality, retail, and leisure sectors of the UK can apply for grants if they have been impacted by the lockdown imposed by the government to contain the spread of COVID-19.
Moreover, in September 2021, the government announced its National Infrastructure and Construction Pipeline, which includes an investment worth USD 762.0 billion for infrastructure development projects for the next 10 years.
Horizon Databook provides a detailed overview of country-level data and insights on the UK dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into UK dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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