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South and Central America Dehumidifier Market

2021

South and Central America Dehumidifier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Heat pumps, Ventilating Dehumidifiers, and Chemical Absorbent Dehumidifiers); Application (Industrial, Commercial, and Residential)

Publication Month: Nov 2021 | Report Code: TIPRE00025825 | No. of Pages: 95 | Category: Consumer Goods | Status: Published

Market Insights

South and Central America Dehumidifier Market to Grow at a CAGR of 5.4% to reach US$ 166.5 million Million from 2021 to 2028

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The South and Central America dehumidifier market is expected to reach US$ 166.5 million by 2028 from US$ 112.9 million in 2021. The market is estimated to grow at a CAGR of 5.4% from 2021–2028.


The growing demand for dehumidifiers in the locations having temperatures below 30°C, such as garages, unoccupied properties, and caravans, boosts the adoption of the absorption dehumidifiers. Additionally, the growing demand for portable dehumidifiers from the residential and commercial spaces escalates the market growth. Recent developments of dehumidifier devices are equipped with digital control systems and are easy to install, access, and control, which propel the market growth for the residential segment. Moreover, various government regulations and standards, such as AHAM 7008-2018, are focusing on energy efficiency and propelling dehumidifiers use in the residential sectors. Therefore, with growing popularity of dehumidifiers in residential sectors, the scope of using same will continue to rise.

Brazil had the greatest number of cases of COVID-19, followed by Chile, Ecuador, Argentina, and Peru amongst others. In 2020, the pandemic of COVID-19 led to the disruption of numerous economic activities across the region to combat the fatal effect of the virus. Governments in South and Central America have taken an array of actions for protecting the citizens. It is anticipated that the South and Central America region will be witnessing lower export revenues, owing to the reduction in export volumes and drop in commodity prices. Brazilian government data shows that the tourism industry directly contributes approximately 3.7% of the national GDP and 3% of the total jobs in the nation. Thus with reduced number of tourists and temporary closure of hotels, demand for respective dehumidifiers also suffered proportionally. In 2021, with easing of various restrictions and limitations, the economy is slowly coming back on track. After the situation gets to normalcy, dehumidifiers market in this region is forecasted to experience notable growth.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the dehumidifier market. The South and Central America dehumidifier market is expected to grow at a good CAGR during the forecast period.

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South and Central America Dehumidifier Market Segmentation

By Type

  • Heat Pumps
  • Ventilating Dehumidifiers
  • Chemical Absorbent Dehumidifiers

By Application

  • Industrial
  • Commercial
  • Residential

By Country

  • South and Central America
        • Brazil
        • Argentina
        • Rest of South and Central America

Companies Mentioned

  1. Haier Group Corporation
  2. Electrolux AB
  3. LG Electronics
  4. Whirlpool Corporation
  5. De’Longhi Appliances S.r.l.
  6. Sunpentown International Inc.
  7. Munters
  8. Resideo Technologies, Inc.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 South and Central America Dehumidifier Market – By Type

1.3.2 South and Central America Dehumidifier Market – By Application

1.3.3 South and Central America Dehumidifier market – By Country

2. South and Central America Dehumidifier Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. South and Central America Dehumidifier Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Expert Opinions

4.4 Ecosystem Analysis

5. South and Central America Dehumidifier Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Adoption of Dehumidifiers in Commercial Space and Residential Sector

5.1.2 Rapid urbanization and growing disposable income

5.2 Market Restraints

5.2.1 High Installation Costs and High Energy Consumption by Dehumidifier

5.3 Market Opportunity

5.3.1 Growing Demand for Industrial Dehumidifiers

5.4 Market Trend

5.4.1 Emergence of Sophisticated Dehumidifier

5.5 Impact Analysis

6. South and Central America Dehumidifier Market – Regional Analysis

6.1 South and Central America Dehumidifier Market Revenue Forecast And Analysis

7. South and Central America Dehumidifier Market Analysis – By Type

7.1 Overview

7.2 Dehumidifier Market Breakdown, By Type (2020 and 2028)

7.3 Heat Pump

7.3.1 Overview

7.3.2 Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

7.4 Ventilating Dehumidifier

7.4.1 Overview

7.4.2 Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

7.5 Chemical Absorbent Dehumidifiers

7.5.1 Overview

7.5.2 Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

8. South and Central America Dehumidifier Market Analysis – By Application

8.1 Overview

8.2 Dehumidifier Market Breakdown, By Application (2020 and 2028)

8.3 Residential

8.3.1 Overview

8.3.2 Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

8.4 Commercial

8.4.1 Overview

8.4.2 Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

8.5 Industrial

8.5.1 Overview

8.5.2 Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

9. South and Central America Dehumidifier Market – Geographic Analysis

9.1 South and Central America: Dehumidifier Market

9.1.1 Overview

9.1.2 South and Central America Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)

9.1.2.1 Brazil: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1.1 Brazil: Dehumidifier Market, by Type

9.1.2.1.2 Brazil: Dehumidifier Market, By Application

9.1.2.2 Argentina: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.2.1 Argentina: Dehumidifier Market, by Type

9.1.2.2.2 Argentina: Dehumidifier Market, By Application

9.1.2.3 Rest of SAM: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.3.1 Rest of SAM: Dehumidifier Market, by Type

9.1.2.3.2 Rest of SAM: Dehumidifier Market, By Application

10. Impact of COVID-19 Pandemic on South and Central America Dehumidifier Market

10.1 South and Central America: Impact Assessment of COVID-19 Pandemic

11. South and Central America Dehumidifier Market – Industry Landscape

11.1 Overview

11.2 New Development

12. Company Profiles

12.1 Haier Group Corporation

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Electrolux AB

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 LG Electronics

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Whirlpool Corporation

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 De’Longhi Appliances S.r.l.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Sunpentown International Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Munters

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Resideo Technologies, Inc

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms


LIST OF TABLES

Table 1. Brazil: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 2. Brazil: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)

Table 3. Argentina: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 4. Argentina: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)

Table 5. Rest of SAM: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. Rest of SAM: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 7. Glossary of Terms, South and Central America Dehumidifier Market


LIST OF FIGURES

Figure 1. South and Central America Dehumidifier Market Segmentation

Figure 2. South and Central America Dehumidifier Market Overview

Figure 3. Chemical Absorbent Dehumidifiers Segment Held Largest Share of Type of South and Central America Dehumidifier Market

Figure 4. South and Central America Dehumidifier Market – Leading Country Markets (US$ Million)

Figure 5. South and Central America PEST Analysis

Figure 6. Dehumidifier Market – Ecosystem Analysis

Figure 7. South and Central America Dehumidifier Market Impact Analysis of Drivers and Restraints

Figure 8. South and Central America Dehumidifier Market – Revenue Forecast And Analysis – 2020- 2028

Figure 9. Dehumidifier Market Breakdown, By Type (2020 and 2028)

Figure 10. Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 11. Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 12. Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. Dehumidifier Market Breakdown, By Application (2020 and 2028)

Figure 14. Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. South and Central America: Dehumidifier Market, by Key Country – Revenue (2021) (USD Million)

Figure 18. South and Central America Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)

Figure 19. Brazil: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Argentina: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Rest of SAM: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Impact of COVID-19 Pandemic on South and Central America Dehumidifier Market

  1. Haier Group Corporation
  2. Electrolux AB
  3. LG Electronics
  4. Whirlpool Corporation
  5. De’Longhi Appliances S.r.l.
  6. Sunpentown International Inc.
  7. Munters
  8. Resideo Technologies, Inc
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South and Central America dehumidifier market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America dehumidifier market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TIPRE00025825
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