Humidifying Equipment Global Market Report 2021 by The Business Research Company 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 – both negative and positive – of COVID-19 on the humidifying equipment industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected humidifying equipment market growth numbers 2021-2030.
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The Humidifying Equipment Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global humidifying equipment market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Humidifying Equipment Global Market Report 2021 covers humidifying equipment market drivers, humidifying equipment market trends, humidifying equipment market growth rate, humidifying equipment market major players, player-adopted strategies in the market, and humidifying equipment market size.
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%.
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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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