According to the recent research report titled ‘Global Air Humidifier Market Size by Type (Vaporizers, Impeller Humidifier, Ultrasonic Humidifier, and Wick/Evaporative Systems), by Application (Commercial, Industrial, and Residential), and Regional Forecasts 2021-2027’, available with Market Study Report, global air humidifier market was valued at USD 4.68 billion in 2020 and is expected to exhibit a CAGR of 4% over 2021-2027, subsequently amassing USD 6.16 billion by the end of the forecast period.
 

Global air humidifier market growth is primarily driven by degrading air quality and increasing risk of diseases due to rising air pollution, cites the study.
 

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According to the World Health Organization (WHO), every year 4.2 million deaths are recorded due to heart stroke, heart disease, lung cancer, and chronic respiratory disorders.
 

Changing lifestyles and inclination towards innovative healthcare devices are also fueling industry expansion. Moreover, advantages such as ease of installation and lower energy consumption are significantly contributing to the market growth. The ultrasonic model offers several benefits, including high affordability, and the ability to drive moisture in the air through sound vibrations, which will open growth opportunities for the market.
 

Considering restraints, high cost of maintenance of air humidifiers is hampering the remuneration scope of the industry. Cleaning must be done on a regular basis to prevent bacteria from penetrating the device and spreading into the air indoors. Further, the outbreak of COVID-19 pandemic forced the manufacturing and service industries to shut down, negatively impacting worldwide air humidifier industry progression.
 

Coming to geographical terrain, Latin America, Asia Pacific, Europe, and North America are the top contributors to the overall market remuneration. The report states that North America held major market share in 2017, owing to presence of cold and low humid climate, along with rising customer cognizance regarding ill effects of dry air.
 

On the other hand, Europe industry is projected to witness substantial growth over 2021-2027, creditable to growing awareness of harmful effects of air pollution in the region.
 

Elaborating on competitive landscape, Procter & Gamble Co. (P&G), United Technologies Corporation (UTC), Skuttle Indoor Air Quality Products, Munters, Mitsubishi Heavy Industries Ltd., Koninklijke Philips N.V., Honeywell International Inc., Coway Co. Ltd., Condair Group AG, Carel Industries S.p.A., and Armstrong International Inc. are the major contenders influencing global air humidifier market dynamics.