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Air Humidifier Market size is anticipated to witness 6% CAGR from 2023 to 2032. The surging regulatory support to limit humidity levels in various industries, particularly in Europe and Asia will drive the industry growth. The growing emphasis on implementing environmental regulations while promoting sustainability measures will play a key role in the industry development.
Growing infrastructure developments across the residential sector, mainly in the U.S. and European regions will contribute to the market growth. According to the U.S. Census Bureau, the SAAR (seasonally adjusted annual rate) of residential construction spending hit $945.2 billion in May 2022. However, the rising concerns related to regular maintenance requirements of the air humidifiers may pose as a restraint for the market expansion.
Report Attribute | Details |
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Base Year: | 2022 |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6% |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 350 |
Tables, Charts & Figures: | 823 |
Segments covered: | Product, Application, Sales Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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