U.S. Dehumidifier Market Size & Outlook, 2023-2030
U.S. dehumidifier market, 2018-2030 (US$M)
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U.S. dehumidifier market highlights
- The U.S. dehumidifier market generated a revenue of USD 1,019.7 million in 2023 and is expected to reach USD 1,620.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.8% 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 1,019.7 million |
| Market revenue in 2030 | USD 1,620.3 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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 32.0% 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 North America, U.S. dehumidifier market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 131.5 million by 2030.
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Dehumidifier Market Scope
Dehumidifier Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 56.34% in 2023. Horizon Databook has segmented the U.S. dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Economic Outlook of the International Monetary Fund (IMF), the GDP growth rate of the U.S. declined by 3.5% in 2020. This drop can be attributed to the nationwide lockdown imposed in the U.S. to contain the spread of COVID-19.
According to the U.S. Department of Agriculture (USDA), increasing population, consumer rising disposable income, and ongoing urbanization are expected to augment the growth of the food & beverages industry in the U.S. in the coming years.
In 2020, food accounted for the third-largest share of 11.9% of the average U.S. household spending after housing and transportation expenditures. In 2020, the food products such as snacks, sauces, beverages, and seasonings accounted for a share of 41.9% of new products launched in the U.S.
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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 U.S. dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into U.S. dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. dehumidifier market size, by technology, 2018-2030 (US$M)
U.S. Dehumidifier Market Outlook Share, 2023 & 2030 (US$M)
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