Europe Dehumidifier Market (By Product: Portable, Fixed; By Technology: Refrigerative, Desiccant; By Application: Residential, Industrial) - Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2023-2032

The Europe dehumidifier market was valued at USD 873.27 million in 2022 and it is predicted to surpass around USD 1,645.42 million by 2032 with a CAGR of 6.54% from 2023 to 2032.

Key Pointers

• The desiccant dehumidifiers segment led the market and accounted for 55.84% of the overall revenue share in 2022. Furthermore, the segment is expected to register the fastest CAGR of 6.71% during the forecast years.
• The fixed dehumidifier segment led the market and accounted for 56.95% of the overall revenue in 2022. The growth of the segment is attributed to the growing number of manufacturing facilities, storage and warehousing, semiconductor fabrications, restaurants, and hotels across Europe. 
• The industrial application segment led the market and accounted for 45.43% of the overall revenue in 2022. The segment growth is attributed to the expansion of industrial manufacturing. 
• The residential segment is likely to grow at a CAGR of 6.91% over the forecast period.

Report Scope of the Europe Dehumidifier Market

Increased construction spending due to economic & industrial development and rapid population growth is expected to boost the demand for dehumidifiers over the forecast period. Various emerging countries have made significant investments in public infrastructures, such as hospitals, offices, and housing societies, on account of the increasing population and rapid industrialization. In the food processing & packaging industry, maintaining an adequate temperature within facilities is of vital importance.

Confectioneries and other perishable food products are often stored at cold temperatures to prevent them from spoiling. Storing them at incorrect temperatures can incur huge losses for the industry. In addition, uncontrolled humidity and moisture often lead to issues, such as a change in flavor and degradation of the coating quality. Hence, controlling the humidity and moisture content in food processing & packaging facilities has become necessary to prevent moist air from condensing on the surface of the products. The industry is witnessing high investments in the installation of advanced equipment used to control the humidity of the processing, packaging, and storage facilities.

Increasing cases of respiratory issues arising from pollutants that are formed in high-humidity environments have augmented the demand for dehumidifiers in the residential sector. Allergens, such as mold, mildew, and dust mites, thrive in high humidity, making it challenging for individuals with chronic lung diseases to breathe in such conditions. As a result, whole-house dehumidifiers are being widely adopted in homes to control moisture and maintain humidity levels inside the house. Rising awareness among consumers regarding the maintenance of a healthy lifestyle at home and the workplace is anticipated to increase the demand for dehumidifiers as well as other humidity control systems, such as air conditioners and HVAC systems.

Building owners are compelled to offer a healthier environment to corporate and residential occupants to avoid any legal hurdles that may arise due to sick building syndrome. Moreover, corporates and other businesses are ensuring that IAQ guidelines are met on their premises to ensure good air quality at the workplace. The market is highly competitive and dependent on technological advancements and product developments. Market players strive to achieve application development to gain a competitive advantage. The presence of local players in the region poses a significant threat to large multinational companies, in terms of product quality and prices offered to the customers.

Technology Insights

The desiccant dehumidifiers segment led the market and accounted for 55.84% of the overall revenue share in 2022. Furthermore, the segment is expected to register the fastest CAGR of 6.71% during the forecast years. Desiccant dehumidifiers are systems that draw moist air through compartments made of desiccant materials, such as silica gel, glycols, and halide salt solutions. These devices are widely used and accepted in industrial and commercial applications in Europe that require specific humid conditions for food processing, storage and warehousing industry, and pharmaceutical manufacturing.

They are also installed in waterworks facilities and supermarkets. The expansion of manufacturing units, warehouses, water treatment facilities, and lithium-ion battery production plants in Europe is anticipated to drive the demand for desiccant dehumidifiers in the region. Refrigerative dehumidifiers are used for dehumidification purposes in industrial, commercial, and residential applications as they are economical and easy to operate. The growth of the refrigerative technology segment can be attributed to the ongoing product innovations and the launch of new products in the region.

Many manufacturers of refrigerative dehumidifiers invest in research and development activities related to effective technology to enhance their revenue growth through new product launches. The growing awareness among consumers in the region regarding the high operational efficiency of electronic/heat pump dehumidifiers is anticipated to fuel their demand in the coming years. Moreover, an increase in innovations and research & development activities for launching suitable electronic/heat pump dehumidifiers with a desired relative humidity that can operate in different temperatures is fueling the growth of this segment of the market.

Product Insights

The fixed dehumidifier segment led the market and accounted for 56.95% of the overall revenue in 2022. The growth of the segment is attributed to the growing number of manufacturing facilities, storage and warehousing, semiconductor fabrications, restaurants, and hotels across Europe. Growth in electronic devices and smart gadgets is resulting in the need for semiconductors fabrication facilities. For the operation of these facilities, humidity control plays a very crucial role; this is expected to drive the adoption of dehumidification systems. Thus, rising demand for fixed dehumidifiers for such manufacturing facilities is anticipated to drive segment growth over the forecast period.

Furthermore, the rising number of water and wastewater treatment plants is also anticipated to augment the market growth over the forecast period. Wastewater treatment plants face problems of corrosion due to the condensation of water droplets on the metal parts, which requires dehumidifiers to reduce moisture content. There are several new plants under construction across Europe. The portable dehumidifiers market is expected to register the fastest CAGR of 6.8% during the forecasted years. Portable devices can be easily moved from one location to another without any specific attachment to the duct, although an optional duct can be provided.

Portable systems are commonly used in residential as well as some commercial applications, such as hotels, restaurants, and healthcare facilities. The growing demand for portable dehumidifiers in colder regions of Europe is anticipated to propel the segment growth. Countries with colder climates, such as Germany, the UK, and France, need a heating system to maintain warm temperatures. Heating increases humidity, which often results in the growth of mold and dust mites. The high moisture content also corrodes metal parts. This can be avoided with the use of a portable dehumidifier and it is one of the main factors driving the demand for portable systems in the market.

Application Insights

The industrial application segment led the market and accounted for 45.43% of the overall revenue in 2022. The segment growth is attributed to the expansion of industrial manufacturing. The growing population is creating an increased need for processed foods, clothes, medicines, and other consumer goods. This growing requirement is, in turn, expected to boost the need for new manufacturing facilities and further drive the demand for dehumidifiers. The growth of the commercial segment is attributed to the growing HoReCa industry facilitated by the café culture and rising preference for eating out among the population. This is estimated to drive the growth of the commercial sector and boost product demand in commercial spaces.

For instance, according to the Coldwell Banker Richard Ellis Group Inc. (CBRE Group Inc.), European commercial real estate investment is anticipated to witness a 5% growth in 2022, with the corporate offices market across Europe taking positive momentum over the forecast period. This momentous growth of investment in commercial real estate is expected to boost the demand for dehumidifiers over the forecast period. The residential segment is likely to grow at a CAGR of 6.91% over the forecast period. Dehumidifiers are used for residential applications in bathrooms, basements, kitchens, bedrooms, and storage rooms. In Europe, winter temperatures go very low and heating leads to high humidity in the air, thus effective dehumidification systems are important.

Europe Dehumidifier Market Segmentations:

By Technology

• Refrigerative Dehumidifier
• Desiccant Dehumidifier
• Electronic/Heat Pump Dehumidifier

By Product

• Portable
• Fixed

By Application

• Residential
• Commercial
• Industrial