Humidifier Market Sales Are Expected to reach US$ 5.1 billion by 2030

in humidifier •  4 years ago 

The Global Humidifier Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.

The global humidifier market size was estimated to be US$ 2.9 billion in 2019 and is expected to reach US$ 5.1 billion by 2030 at a CAGR of 5.3% through 2030. Air humidifiers are appliances that perform the task of air conditioning, by increasing the moisture level of the air in a room or of an entire building. Humidifier prevents extreme levels of dryness in the surrounding environment. Most humidifiers are used in cold places where the rooms have been dried out and also help in the removal of viruses from the environment they are installed in.

The rise in the awareness in the population about the diseases such as asthma, sinusitis, and different allergies caused due to the extreme conditions indoors, is expected to drive the demand for humidifier appliances.

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