07 Jul 2021
The Portable humidifiers market is anticipated to grow at a modest CAGR of 4% during the forecast period. The COVID-19 pandemic has been detrimental to myriad industries. Its effects on the portable humidifiers market have been palpable during the lockdown phase. The shutdown of multiple distribution channels has led to falling sales of portable humidifiers.
Effects of the lockdowns on consumer confidence and spending is expected to dampen sales during lockdowns. The recovery period is expected to present highly lucrative opportunities for portable humidifiers. Their efficacy in treating dryness of nose and throat, is expected to substantially increase sales of portable humidifiers during the present pandemic.
“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
The portable humidifiers market has experienced a plethora of investments in the recent past. Companies have focused on expansion of their product portfolio for increasing their sales. In January 2020, Proctor and Gamble acquired Billie Inc., to increase their production capacity and portfolio. Honeywell International, Inc. acquired Rebellion Photonics and Transnorm Beteiligungen GmbH for increasing their product portfolio as well as integrating innovative solutions in their portfolio. Similar movements in the portable humidifiers market are expected to be supplemental to the growth of portable humidifiers market.
Fact.MR, in its new offering, brings to fore an unbiased analysis of the global portable humidifiers market, presenting historical demand data (2015-2019) and forecast statistics for the period, 2020-2030.
The study divulges compelling insights on the portable humidifiers market on the basis of type (cool mist humidifiers, warm mist humidifiers, evaporative humidifiers, and ultrasonic humidifiers), humidity output (1 gallon/ day, 1.5 - 2 gallons/ day, 2.1- 2.5 gallons/ day, 3 - 3.5 gallons/ day, and > 3.5 gallons/ day), application {residential and commercial(hospitals and clinics, educational institutions and corporate offices)} and sales channel {independent electronic stores and franchised electronic stores (online retail, company website, and third party online)} across seven major regions.
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Portable Humidifiers Market
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