Lucintel Forecasts The Canadian Residential Humidifier Market To Reach $234 Million By 2030

By Author: Lucintel LLC
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According to the recent study the Canadian residential humidifier market is projected to reach an estimated $234 million by 2030 from $154 million in 2023 at a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by growing adoption of humidifiers due to their effectiveness in improving respiratory and other health issues and increasing awareness to maintain healthy indoor environment.
Browse 43 figures/charts and 39 tables in this 103-page report to understand trends, opportunities and forecast in Canadian residential humidifier market by product type (warm-mist, ultrasonic, cool-mist, and others), distribution channels (retail, wholesale, and online), and region (Central, Western, Atlantic, and Northern).
Lucintel predicts that the retail distribution channel is expected to remain the largest segment during the forecast period supported by rising consumer preference for buying portable DIY appliances and discount offers along with ease to buy is driving the retail segment of the Canadian residential humidifier market.
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... Within the residential humidifier market, the warm mist product type is expected to remain the largest market by value and volume. Growing use of warm mist humidifiers to reduce dust and to treat colds and flus.
Philips, Honeywell, Mitsubishi Heavy Industries, GeneralAire, and Condair are the major suppliers in the Canadian residential humidifier market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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