"Overview of Household Humidifier market"
The Household Humidifier market is forecasted to reach at US$ 4.3 Bn by 2027, growing at a CAGR of 5.0 % during the Forecast Period
The global Household Humidifier market has shown moderate growth and is anticipated to witness impressive growth in coming years. Some of the factors fuelling the growth if global market includes consumer’s preference towards better household air, rising awareness regarding harmful effects of dry air, shift towards well-maintained air humidity, and benefits associated with household humidifier.
Rising Awareness Regarding Harmful Effects of Dry Air and Benefits Associated with Household Humidifier are expected to Fuel the Growth of Global Market
Humidifiers help the households to maintain even water distribution to the home’s air which reduce the risk of diseases caused by dry air. The global household humidifier market is majorly driven by rising concern regarding harmful effects of dry air which includes bloody nose, dry skin, sinus congestion, dry throat, dry cough, and nose irritation. These occurrences can be minimized with the use of humidifiers. Moreover, in winter season heating system can cause dry air which promotes the adoption of humidifiers in residential sector. In winter season, the RH level of air is usually lower than the normal RH (relative humidity) that can lead to several health issues related to respiratory system, eyes, and skin.
Humidifiers reduces the static electricity which leads to safe electric environment and proper humidity. Also, these products help in minimizing the symptoms of COPD (chronic obstructive pulmonary disease). These superior features offered by household humidifiers are anticipated to surge the demand for these products across the globe. Moreover, these products are gaining traction among indoor plant owners in order to maintain specific humidity and temperature levels which bodes well with the growth of global market.
Based on Product Type, the Portable Humidifiers Accounted for Significant Share in Global Market
On the basis of product type, the portable humidifiers accounted for significant market share in 2018. The segment is projected to dominate the global market throughout the forecast period. These products are used to maintain humidity level in a single room. The portable humidifiers offer better protection against mold and bacteria. Among all the portable humidifiers, the ultrasonic products are gaining popularity owing to energy efficiency and cost effectiveness. The ultrasonic humidifiers are comparatively smaller in size and easy to operate which is supporting its growth at a large extent. This is encouraging the manufacturers to introduce new products to cater to the rising demand from large consumer base.
Offline Distribution Channel Dominated the Global Market Whereas the Online Segment is estimated to Show Prominent Growth
Based on distribution channel, the offline segment led the global market, accounting for larger market share. The offline stores provide exclusive installation and post-sale services from product experts. Consumers in developing economies such as India and China prefer speciality stores for purchasing home appliances.
On the other hand, the online distribution channels are growing rapidly. The growth of online segment is fuelled by increasing penetration of digitization and e-commerce. Moreover, third party logistic services play an important role in growth of online segment as it helps the e-commerce to enhance efficiency, service delivery, and customer satisfaction. Also, the hassle-free transaction and timesaving shopping experience and favour the growth of online distribution channel.
North America is anticipated to be the Largest Share Holder Whereas Asia Pacific is projected to be the Fastest Growing Region during the Forecast Period
By geography, North America is anticipated to lead the global market throughout the forecast period. The cold climate and rising awareness regarding benefits of humidifiers among American population expected to propel the growth of the region. However, the fluctuation climate affects the sale of these products significantly.
The supportive initiatives taken by government organizations such as The Environmental Protection Agency and The American Society of Heating, Refrigerating and Air-Conditioning Engineers supports the regional growth. Moreover, presence of key players is anticipated to create growth opportunities for humidifiers in North America.
Furthermore, Asia Pacific is projected to witness rapid growth in coming years. The growth of Asia Pacific can be credited to rising purchasing power and increasing health awareness among consumers. In addition, the dry winter climate in APAC countries including South Korea, Japan, and China promotes the adoption of household humidifier and expected to fuel the growth of Asia Pacific during the forecast period.
Key players operating in global household humidifier market include Stadler, Jarden Corporation, Venta Air Technologies, Boneco AG, Guardian Technologies, Aprilaire, Hunter Home Comfort, Dyson Ltd, Essick Air Products, Inc., Honeywell International Inc., and Crane USA.
Global Household Humidifier Market by product Type
- Warm Mist
- Cool Mist
Global Household Humidifier Market by Distribution Channel
Global Household Humidifier Market by Region
- North America
- Asia Pacific
- Middle East & Africa
- Latin America