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Air Humidifier Market Expected to Reach $6.0 Billion by 2033

 
2022
Air Humidifier Market

Report Code : A02167

quote Consumers are facing various health problems such as dry noses, bloody noses, and sinuses problems owing to insufficient humidity. Awareness about health has increased in the consumers, and thus, are spending more on hygienic lifestyle, which in turn is expected to create new opportunities for the players in the global air humidifier market quote


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According to a new report published by Allied Market Research, titled, “air humidifier market" was valued at $3.7 billion in 2023, and is projected to reach $6.0 billion by 2033, growing at a CAGR of 5% from 2024 to 2033.

Air humidifier helps increase the level of humidity in the air of a single room or building. Usually residential humidifiers are used for the humidification of the single room and whole-house or furnace humidifiers are connected to a home's HVAC system for the humidification of the entire house.

The residential segment is anticipated to witness substantial growth owing to an increase in need to maintain indoor air humidity in the winter season. In addition, a rise in awareness about the ill effects of dry air such as dry skin, sinus congestion, dry throat, nose irritation, dry cough, bloody noses, and others, is expected to drive the air humidifier market growth.

An increase in health awareness is the key driver for the air humidifier market growth. Moreover, changes in lifestyle, rapid growth in the commercial and residential construction sector, and government standards and regulations to maintain humidity are the other factors supplementing the growth of the global air humidifier market. In addition, air humidifier market trends the adoption of new technology by consumers, and awareness of static electricity issues among all industries are expected to open new avenues for the air humidifier market players in the future. However, regular maintenance of internal parts of the air humidifier and awareness about the side effects of white dust that is produced after the evaporation of minerals present in water is expected to hamper the air humidifier market demand.

Air humidifier market analysis is segmented based on type, application, and region. Based on type, the air humidifier market is segmented into vaporizers, impeller humidifier, ultrasonic humidifier, and wick/evaporative systems. Based on application, the air humidifier market is classified into commercial, industrial, and residential.

The ultrasonic humidifier type of air humidifier is expected to grow comparatively faster than other types, witnessing a CAGR of 5.7%. Based on application, the residential segment was the major revenue contributor in the air humidifier market size in 2023.

Based on region, the air humidifier market is dominated by North America, particularly owing to the vast presence of manufacturers and product promotion from regulatory bodies such as the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and the United States Environmental Protection Agency (USEPA) , is expected to further drive the air humidifier industry growth. In addition, LAMEA is expected to witness a 5.1% CAGR during the forecast period.

The key players profiled in the air humidifier industry are Armstrong International, Inc., CAREL INDUSTRIES S.p.A., Condair Group, COWAYCO., LTD., Honeywell International Inc., Koninklijke Philips N.V., MITSUBISHI HEAVY INDUSTRIES, LTD. (MHI) , Munters, Skuttle Indoor Air Quality Products, and United Technologies Corp..

Key findings of the Air Humidifier Market:

  • Based on humidifier type, the vaporizers segment accounted for the highest air humidifier market share in 2023, growing at a CAGR of 3.8% from 2024 to 2033.
  • Based on application, the residential segment accounted for about 45.6% share of the air humidifier market share in 2023 and is expected to experience growth at the highest CAGR of 4.6%.
  • Based on region, North America accounted for about 31.7% of the air humidifier market and is expected to grow at the highest CAGR of 4.2%.
  • Based on humidifier type, the ultrasonic humidifier segment accounted for 27.9% air humidifier market in 2023, growing at a CAGR of 5.7% from 2024 to 2033.
  • Based on application, the industrial segment accounted for 28.8% air humidifier market in 2023, growing at a CAGR of 5.2% from 2024 to 2033.
 

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quote Air Humidifier Market by Type (Vaporizers, Impeller Humidifier, Ultrasonic Humidifier, Wick/evaporative Systems) , by Application (Commercial, Industrial, Residential) : Global Opportunity Analysis and Industry Forecast, 2024-2033 quote

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