DUBLIN--(BUSINESS WIRE)--Jul 4, 2018--The "Europe Residential Dehumidifier Market by Type and Distribution Channel - Opportunity Analysis and Industry Forecast, 2016-2023" report has been added to ResearchAndMarkets.com's offering. The Europe residential dehumidifier market size was valued at $85.28 million in 2016, and is projected to reach $145.48 million by 2023, growing at a CAGR of 8.1% from 2017 to 2023. Factors that drive the growth of the Europe residential dehumidifier industry include rise in development in real estate sector and increase in consumer inclination toward health. Moreover, improvement in standard of living along with increase in disposable income significantly influences the Europe residential dehumidifier market. Chemical absorbent dehumidifier for domestic applications is projected to grow at a notable growth rate. The increase in demand for chemical absorbent dehumidifier is attributed to efficient operation even at low temperatures. Moreover, the product doesn't make much noise and it is light weight. Supermarket, as one of the leading distribution channels of residential dehumidifiers, accounted for about 35% of market share in 2016. Some of the leading players in this segment are Tesco plc, Wal-Mart Stores, and Argos Limited. Supermarkets cater to the increase in needs of the customer, owing to their massive collection of products, variety of offers, and large selection range. Due to availability of different brands & features of residential dehumidifiers in the market and diverse customer requirements, supermarkets have the capability to fill the gaps between the sellers and the buyers. Various supermarkets offer innovative value-added services, such as customer loyalty programmers and happy hours on shopping deals, which boost the sales of various home appliances including residential dehumidifiers. Companies Mentioned:

DeLonghi Appliances S.r.l Ebac Ltd Chal-Tec GmbH Meaco (U.K.) Limited PVG International Trotec GmbH Suntec Industries China

Key Topics Covered: Chapter 1: Introduction Chapter 2: Executive Summary Chapter 3: Market Overview Chapter 4: Residential Dehumidifier Market, By Type Chapter 5: Residential Dehumidifier Market, By Distribution Channel Chapter 6: Residential Dehumidifier Market, By Country Chapter 7: Company Profile For more information about this report visit https://www.researchandmarkets.com/research/kw9dsk/europe?w=4

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Related Topics:HVAC (Heating, Ventilation, and Air Conditioning)

KEYWORD: EUROPE

INDUSTRY KEYWORD: HOME GOODS MANUFACTURING OTHER MANUFACTURING RETAIL

SOURCE: Research and Markets

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PUB: 07/04/2018 09:08 AM/DISC: 07/04/2018 09:08 AM

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