The Humidifying Equipment Global Market Report 2020-30 by The Business Research Company describes and explains the global humidifying equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Humidifying Equipment Global Market Report 2021 covers humidifying equipment market drivers, humidifying equipment market trends, humidifying equipment market segments, humidifying equipment market growth rate, humidifying equipment market major players, and humidifying equipment market size.
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The humidifying equipment market report provides an in-depth analysis of the impact of COVID-19 on the global humidifying equipment industry, along with revised market numbers due to the effects of the coronavirus and the expected humidifying equipment market growth numbers 2021-2030.
Humidifying Equipment Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global humidifying equipment market is expected to decline from $4.83 billion in 2020 to $4.81 billion in 2021 at a compound annual growth rate (CAGR) of -0.4%. The market declined due to stringent regulations imposed by various governments on the movement of goods and people to contain the virus, supply chain disruptions, and closure or halt in the manufacturing activities to stop the spread of coronavirus. The humidifying equipment market is expected to reach $5.42 billion in 2025 at a CAGR of 3%.
The report covers the humidifying equipment market segments-
1) By Type: Warm-Mist Humidifier, Cool-Mist Humidifier, Ultrasonic Humidifier, Evaporative Humidifier
2) By Distribution Channel: Multi-Brand Stores, Exclusive Stores, Online, Other Distribution Channels
3) By Application: Commercial, Industrial, Residential
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