The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Portable Humidifiers market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Portable Humidifiers
The report offers actionable and valuable market insights of Portable Humidifiers. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Portable Humidifiers Market across various industries and regions.
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While COVID-19 has been detrimental to multiple industries, the effect of the pandemic is expected to be minimal on the portable humidifiers market. Some disruptions in the supply chain are expected due to plummeting sales and logistical anomalies.
The first three quarters of 2020 are expected to register a shortfall in sales volume, with anticipated recovery in the last quarter. Regulatory decisions supporting partial easing of industrial lockdowns are expected to restore sales of portable humidifiers. Portable humidifiers market is estimated to be valued at around US$ 1.5 Bn in 2020 and are set to grow at CAGR of 4% during the forecast period.
This newly published and insightful report sheds light on Market Insights of Portable Humidifiers, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Portable Humidifiers Market.
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Portable humidifiers Market: Segmentation
FactMR’s study has done the segmentation of portable humidifiers market on the basis of type, humidity output, application, and sales channel.
Type
- Cool Mist Humidifiers
- Warm Mist Humidifiers
- Evaporative Humidifiers
- Ultrasonic Humidifiers
Humidity Output
- 1 gallon/ day
- 1.5 – 2 gallons/ day
- 2.1- 2.5 gallons/ day
- 3 – 3.5 gallons/ day
- > 3.5 gallons/ day
Application
- Residential
- Commercial
- Hospitals and Clinics
- Educational Institutions
- Corporate Offices
Sales Channel
- Independent Electronic Stores
- Franchised Electronic Stores
- Online Retail
- Company Website
- Third Party Online
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Portable Humidifiers Market Manufacturers to Move towards Consolidation
The portable humidifiers market is fragmented with top players accounting for one third of the revenue share in the market. Rapid expansion of the top players in foreign markets is expected to increase consolidation within the market. Key players in the market like Honeywell International, Inc, Proctor and Gamble, and Condair Group have been expanding their reach globally for greater hegemony in the market.
Key Takeaways of Portable Humidifiers Market Study:
- North America accounts for a prominent share in the portable humidifiers market, while South Asia is expected to be the fastest growing region.
- In terms of type, warm mist humidifiers are expected grow faster than other portable humidifiers, expanding1.8X from 2020 to 2030.
- In terms of humidity output, 1.5 – 2 gallons a day segment accounts for nearly one third of the market share.
- Commercial applications are expected to grow 1.6X during the forecast period and will gain substantial share in the portable humidors market.
- Independent electronic stores are expected to maintain their dominance in the portable humidors market.
“Portable humidifiers market is expected to show prominent recovery during the forecast period. Strategies to increase commercial clientele is anticipated to prove lucrative in the long term forecast”, says the Fact.MR analyst
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