GLOBAL DEHUMIDIFIER MARKET ANALYSIS

Regional Analysis

Regional analysis of dehumidifier market

On the basis of geography, the global dehumidifier market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to be the dominant region in the global market over the forecast period. This is owing to high growth in the food & beverages industry. For instance, according to a report by The Committee for Economic Development (CED), the food sector of the U.S. witnessed total sales of US$ 1.4 trillion in 2015, which includes overall food consumed at home and away from home. Moreover, governments are focusing on stringent regulations to keep temperature balance of the food, in order to avoid spoilage and maintain food safety. As per the report of Food and Drug Administration, temperature control for safety food shall be at a temperature of 5°C (41°F) or below when received.

Asia Pacific is expected to be the fastest growing region in the global dehumidifier market over the forecast period. The use of dehumidifiers has increased in the construction industry in Asia Pacific region, to avoid growth of molds on slabs and walls. In addition to this, it is used to avoid rusting of iron bars and rods